Company Management Research Articles

Incorporating sustainability in the food supply chain: The development of a private standard of Nature Farming poultry production in Brazil

This article aims to communicate sustainability dimensions and attributes for poultry production throughout a supply chain by developing a Nature Farming (NF) system standard. Poultry production is relevant for food security and job creation, an important economic activity and a significant export item in Brazil. The NF poultry production system was implemented in the 90s as a pioneering initiative, opening space for differentiated products. However, certification of NF poultry products has yet to be established and implemented to reach consumers. The NF products are identified as organic on labels, which does not distinguish the method’s sustainability, and communication of specificities needs to be more efficient. We studied the process of establishing a private food standard with a sustainable approach, considering perceptions of the supply chaińs agents. The method was a case study of a poultry company that applies NF system. The qualitative research involved interviews with 27 company managers, 23 poultry producers, seven farm assistance technicians, 11 auditors, and 12 commercial managers. The results showed innovation by introducing a Nature Farming poultry standard comprising product attributes and sustainability criteria in the dimensions: environmental, economic, and social in conjunction with two significant dimensions, which are ethical and health. Our findings indicated that Nature Farming is a specific style of agriculture that is diverse from other currents of alternative agriculture. We proposed expressions and claims about the system’s quality attributes, aiming at the clarity of communication with consumers. We concluded that the developed standard might be the basis for certification of products. This work contributes to improving food supply chain management with differentiated and sustainable processes.

Conflict management in garment manufacturing company

Conflict is an imperative issue- even considered as burning issue in many industries- that is inevitably needed to dissolve or minimize in order to operate the organization successfully. Many researches and studies of conflict management have been conducted on several industries, but this researcher eagerly recognized to present an exclusive literature review on garment manufacturing industry not only from theoretical perspective but also based on his valuable long work-experience in this garment industry. It is hypothetically deemed by the garment factory owners and top management in Bangladesh that, somebody should research on this real-world issue in light of his/her acquaintance pertinent to this industry. The main purpose of this literature review is to present the practical and pervasive state of conflict management in garment manufacturing companies, and to find the techniques of resolution according to this researcher’s practical experience. This study provides an extensive literature review on conflict management in the context of Bangladesh garment manufacturing industry. It described meticulously about conflict zones, conflict types, conflict process, and some treasured techniques of conflict control- especially applicable for garment factories. It is amplified that, to control or minimize conflict in garment factory, conflict resolution skills and attributes should be taken into consideration, and top management’s positive intention is required to establish an effective conflict management system. Furthermore, along with the literature review, this study recommends some pragmatic solutions incorporating to different perspectives of conflict patterns and styles, and the guidelines of this study will lead the garment organizations to formulate defacto conflict management strategies for their employees.

Earnings management: the influence of peer group and the corporate governance intervention

PurposeOur study investigates the influence of peer performance on the earnings management decisions within publicly traded Indian companies. There is mixed evidence in the literature, with the impact of peer performance on earnings management in emerging markets being notably underexplored. Additionally, the study explores whether robust corporate governance mechanisms can mitigate earnings management practices. Our study offers policy insights into these areas.Design/methodology/approachOur study used a longitudinal panel dataset from 2011 to 2020, utilising idiosyncratic returns of peer firms as an external measure of peer performance. This approach is further enhanced by the usage of alternative discretionary accrual metrics, which could be a robust measure for both market leaders and followers.FindingsOur study employs two distinct methods, accrual and real earnings management, to assess earnings management. The findings indicate that peer performance triggers earnings management within peer groups, showcasing managerial opportunism in financial reporting to align with peer achievements. Furthermore, the evidence suggests that robust corporate governance effectively curtails earnings management, especially in industries where peer influence is significant.Practical implicationsOur study offers valuable insights for regulators, highlighting that enhancing the institutional framework with stringent corporate governance mechanisms can effectively reduce earnings management in companies within emerging markets.Originality/valueThe paper is a novel attempt in emerging markets to show that managers engage in opportunistic reporting to align with the performance of their peers and that governance strategies effectively mitigate these practices in such markets.

Firm Size as a Mediator between Inventory Management Andperformance of Nigerian Companies

This study employed a dissimilar methodology in investigating the mediating role of firm size on the relationship between inventory management and performance of non-finance companies publicly listed on the Nigerian Exchange Group. The study was hinged on just-in-time paradigm while variables of inventory management and financial performance were obtained from the annual reports and accounts of 76 non-finance companies. The results obtained from the structural equation modelling showed that size of firm mediates on the relationship between inventory management and financial performance measures of the study and it was found to be significantly positive. On the basis of this, it was suggested that companies need to strengthen inventory management practices as well as increasing their sizes. The size of companies can be increased by way of investing more funds in their asset structures.

Regulatory Arrangement in Supporting The Restructuring of State-Owned Plantation Enterprises

The formation of a holdingholding to restructure the state-owned plantation industry cannot be separated from the government’s ability to control the country’s economic engine. Government Regulations Number 72 of 2014 and Number 72 of 2016 which were passed as legalizing the formation of BUMN holdingholding s have sparked controversy and public debate. The fundamental issue of this procedure is the Parent Company’s legal obligation to manage the Parent Company. In the relationship between parent companies and subsidiaries, the concept of limited liability presents its own problems. In addition, there is uncertainty regarding legal obligations to third parties. The research methodology is normative law which is supported and obtained from literature data. The findings of this study indicate that the use of the BUMN Law and Limited Liability Company Law as guidelines for managing Plantation BUMNs does not provide the business confidence that Plantation BUMNs need to grow and stay healthy. Considering that the business world continues to develop and the high need for group company management among business actors who carry out business development and expansion, adjustments to these two regulations are very important. The modern business paradigm has resulted in the consolidation of centralized operations in a way that drives growth. As a result, the formation of a holding companyholding company by the government is inappropriate if it is not preceded by changes to the Limited Liability Company Law which provides business certainty for established Plantation BUMNs.

Funding Opera in the Changing Landscape: Should Opera Be Funded or Accepted as a Fading Culture in South Africa?

Opera is considered a significant part of cultural heritage in many societies. In the South African context, opera has a rich history and has contributed to the development of various art forms. Opera has continued to play a significant role in preserving and promoting cultural diversity in South Africa. Opera production contribute to the economy by creating jobs for artists, musicians, technicians, and other professionals. Additionally, opera events can attract tourism and boost local economies. Public funding for opera may be seen as an investment with economic returns. The purpose of this article is to examine the funding of opera in South Africa against the backdrop of a changing cultural landscape. It aims to investigate whether opera should continue to receive funding or if it should be accepted as a fading cultural form. Employing a qualitative approach, ten participants, including opera company managers and artists, share their perspectives through semi-structured interviews. Colaizzi's phenomenological data analysis method reveals key themes of financial viability, challenges, and opportunities. Findings were presented in themes and supported by quotes from research participants. Opera company managers and artists shared valuable insights into financial viability, challenges, and opportunities. Strategic collaborations, revenue diversification, and the pivotal role of public funding emerged as central themes. The findings shed light on the adaptive measures undertaken by stakeholders in response to the changing cultural and financial climate. The conclusion synthesises the key findings, emphasising the resilience of South African opera in the face of funding challenges. It underscores the importance of balancing financial support and cultural acceptance for sustained vitality. The study contributes to ongoing discussions on the intersection of funding, cultural relevance, and the future of opera in South Africa.

Effect of Liquidity and Company Size on Company Value of Food and Beverage Companies Listed in The Indonesia Effects Secretary for The Period 2018-2022

The phenomenon occurring in Food and Beverage (F&B) companies listed on the Indonesian Stock Exchange (IDX) reflects the broader development of the F&B industry in Indonesia. This research aims to provide an overview of the condition of the F&B industry in Indonesia by examining the impact of liquidity and company size on firm value. This quantitative and associative study utilizes non-participant observation to collect data from the official IDX website (www.idx.co.id) and relevant company websites, focusing on financial reports for analysis. The population consists of F&B companies listed on the IDX from 2018 to 2022. Using purposive sampling, 29 companies were selected, resulting in a total of 145 observations over five years. Data analysis was conducted using the E-Views application. The results indicate that both liquidity and company size have a positive and significant effect on firm value. Recommendations for company management include optimizing inventory to ensure smooth operations and minimizing storage costs. Investors are advised to consider liquidity ratios, such as the current ratio and quick ratio, to assess a company's ability to meet short-term obligations. Future research should incorporate additional variables such as leverage, capital structure, and governance, employing both qualitative and quantitative approaches to gain a deeper understanding of these relationships. Comparing results across different contexts can also enhance understanding.

Control of Goods Inventory Uses the Accurate Program

In this era of globalization, information systems play an important role in inventory management in trading, manufacturing and service companies. Inventory is an important asset that can generate profits through the production or sales cycle. CV Duta Survey Indonesia, a company engaged in sales, rental, service, and calibration of land measuring instruments, has a variety of products with stock coming from distributors. However, problems often occur related to recording and checking the stock of goods, which results in losses for the company. The system is needed to solve this problem can manage inventory well. CV. Duta Survey Indonesia has used the Accurate program for processing inventory data, but there are still things that need to be corrected in the inventory report. Therefore, the author will try to implement the accounting system with the Accurate program correctly. This community service activity aims to provide outreach and assistance regarding the use of the Accurate program in managing inventory properly, with the hope of improving the inventory administration system in the warehouse. The managerial implication in this research is that Accurate users help ensure accurate inventory data.

Truck Driving Assessment for Chinese Logistics and Transportation Companies Based on a Safety Climate Test System

By applying the “safety atmosphere” measurement theory to Chinese management companies engaged in road transportation, a corporate and individual safety risk assessment system was established that is consistent with the management and cultural climate in China, thereby reducing the driving safety risk of truck drivers. The system realizes the safety risk assessment of enterprises, fleets and individuals in the form of test scales by constructing a structural model of the enterprise safety atmosphere, including the management, communication, and supervision of enterprises, fleets, and individuals. The safety climate was modeled using a two-level framework, at the organizational level and fleet level, and three dimensions of test items for each level were obtained by exploratory factor analysis. The three dimensions of safety management, safety supervision, and safety priority at the organizational level, and the three dimensions of positive communication, safety awareness, and self-discipline at the fleet level, respectively, passed a valid factorial test (p < 0.01). Finally, the validity of the system evaluation results was verified by relying on the actual in-vehicle monitoring data and accident records of the corporate transportation fleet. The results show that the total test scores at the organizational level and the fleet level are significantly correlated with their driving risk behaviors, and both are linearly and negatively correlated with the number of accidents per thousand kilometers. This indicates a high degree of consistency between the system’s test results and actual risky accidents.

A Research on Transportation Opportunities Between Container Ports and Logistics Focuses of Kocaeli City

Similar to world trade, container transportation and the tendency to transport various cargoes with containers is increasing in Turkey. Moreover, in a world where production centers will be relocated during Covid-19, it can be said that Turkey's production will increase and over and above expectations, container traffic in its ports will expand. We can foresee that Kocaeli City's container ports and logistic focuses will require more container transportation, due to the fact that where containerization is increasing in Turkey and around the world. In our study, transportation possibilities between container ports and logistics centers of Kocaeli city have been examined. The adequacy of the existing transportation opportunities, the needs of the sector in this context, and the perspectives of the stakeholder company managers on an alternative transportation method were examined through a semi-structured interview form. The data collected in the research were analyzed using the Kruskal Wallis H test in the IBM SPSS 22.0 program, and the hypotheses were questioned. Reconsidering alternative opportunities in transportation for the development of Kocaeli ports and logistics stakeholders in a competitive structure, increasing the road and railway transportation capacities between the ports and Köseköy Logistics center will be appropriate, a new/alternative transportation method will have a positive impact on the efficiency of the port/logistics business, inland waterway/canal to the logistics center. It has been concluded that integration with transportation may be beneficial in the future and may have a moderate impact on business volume and productivity.

Envisaging challenges for the emerging medicinal Cannabis sector in Lesotho

BackgroundCultivation of Cannabis and its use for medical purposes has existed for millennia on the African continent. The plant has also been widely consumed in the African continent since time immemorial. In particular, Lesotho has been largely growing Cannabis since approximately the 1550s and was illegally grown and unlawfully used for both medicinal and recreational purposes. It was only in 2017 when Lesotho started licensing Cannabis companies and regulating cultivation of Cannabis for medicinal purposes. However, the Lesotho Cannabis industry seems to have excluded the Small, Medium and Micro Enterprises (SMMEs) in the legalisation of Cannabis, the sector has the potential for small Cannabis enterprises in Lesotho.ObjectiveThis study attempts to examine challenges facing the evolving Cannabis sector in Lesotho as envisaged by Cannabis company managers with the aim of being proactive while addressing such challenges.MethodsThe qualitative descriptive method was employed using both primary and secondary data. For the selection of the three Cannabis managers exponential non-discriminative snowball sampling was adopted and interviews with the managers were recorded and transcribed verbatim. Thematic analysis was used to analyse the descriptive explanations of the Cannabis managers to determine the themes that were further consolidated into categories.ResultsThe implementation and compliance with the laws in the Lesotho medicinal Cannabis sector has proved very challenging, with long timeframes for finalising regulatory frameworks and not being applied objectively. The industry does not provide opportunities for Small, Medium and Micro Enterprises (SMMEs) to venture into the Cannabis business.ConclusionIn Lesotho, the Cannabis sector appears to be faced with many challenges emanating from the implementation and enforcement of Cannabis laws. The Lesotho Government should review its Cannabis laws and regulations with a view to benefiting SMMEs and legalising Cannabis production so as to serve both the domestic and international markets.

Features of the Implementation of the Concept of Managing Decent Work Conditions at Small and Medium-Sized Enterprises in the Construction Industry

In modern conditions, the development of any industry directly depends on the provision of highly qualified labor resources. Due to the constant shortage of personnel, it is important for employers to implement systematic measures to attract, retain and optimally use the required specialists of various qualifications. It is these tasks that the enterprise solves when organizing personnel work in accordance with the basic principles and ideas of decent work. The construction industry in the Russian Federation is one of the most dynamically developing, making a significant contribution to the country’s GDP, but companies from this sector are faced with a global shortage of both labor and highly qualified specialists. It should also be noted that this sector is considered to be one of the most hazardous, injury-prone and requiring increased attention to occupational and labor safety. The purpose of the study is to identify a set of external and internal factors that determine the features of decent work management at enterprises in the construction industry. To achieve this goal, the methods of interdisciplinary analysis of scientific literature and the regulatory framework, economic analysis and analytical statistics were used. The application of counter modeling made it possible to decompose the theoretical model of decent work management and highlight the real conditions of the production, financial and socio-economic activities of enterprises in the construction complex. The results of the study are related to identifying the role of government policy, the labor market, general trends in the construction industry, vocational professional education, as well as personnel policies within the organization in the process of implementing the concept of decent work. The conclusions drawn may be of interest to managers of construction companies, and human resources and personnel management services for analyzing their own practices and carrying out measures to introduce the principles of decent work at individual enterprises in this economic sphere.

Innovative Design of Marketing Ecosystems

This study is devoted to the issues of ecosystems and the ecosystem approach. The formation and use of marketing ecosystems can simplify both the processes of transformation of technological patterns and the interaction of different types of business models of enterprises. A separate focus is on marketing ecosystems as one of the important innovations of Industry 5.0. The transition from Industry 4.0 to Industry 5.0 is accompanied by the creation of the necessary software and algorithmic base of quantum computing, introduction of technologies for visualisation of management decisions, development of neuromorphic models of enterprise architecture, digital twins of business processes.The purpose of the study is to develop approaches to designing a marketing ecosystem within the framework of Industry 5.0 and Industry 4.0, which is necessary for building effective interactions between innovative enterprises of different business spheres. The article considers the stages of innovative design of new marketing ecosystems, the result of which is the end-to-end integration of information resources of their member enterprises, which is necessary for the consolidation and synchronisation of structured and unstructured data on different business models of companies and the organisation of predictive analytics mechanisms. In the course of the work, the method of scientific analysis of literature on the research problem was applied, and the empirical experience of the authors of the article was used. The results of the study will be useful to all managers of innovative companies as well as the heads and employees of marketing departments of these companies.

Social Responsibility and Financial Performance in The Covid-19 era: Support for the Experience of Moroccan SMB

Objective: The objective seems to be to explore the importance of the concept of Corporate Social Responsibility (CSR) as a means of crisis management and performance lever allowing companies to withstand current financial and economic shocks. Theoretical Framework: The text mentions the intention to provide a historical overview of CSR, define CSR, financial performance, SMB, the role of SMB on economic growth, and cite organizational theories related to the importance of CSR in times of crisis. This section constitutes the theoretical framework by linking CSR to different economic concepts and organizational theories. Method: this article suggests a theoretical and descriptive approach, analyzing the economic impact of health measures and proposing recommendations, which involves documentary and theoretical analysis. Results and Discussion: The text focuses on presenting the topic and theoretical framework without providing specific results or data analyses. Research Implications: e research aims to highlight the importance of CSR for crisis management and financial performance of companies, particularly in the context of the COVID-19 crisis. The implications could concern strategies business, public policy, and managerial theory. Originality/Value: The originality of this research could lie in its analysis of the impact of CSR during the COVID-19 crisis, a relatively new and current topic. The combination of crisis management, financial performance and health measures from the perspective of CSR can constitute an original contribution to the existing literature on the subject.

A decentralized production approach to measure fuel performance of bus transportation systems

AbstractThis paper presents a comprehensive measure of fuel performance, considering economic and environmental factors using Data Envelopment Analysis (DEA). The study uses decentralized production approach, modeling two technology specifications, one with abatement and one without. The study focuses on the Indian public bus transport industry, treating carbon emissions as bad outputs with joint disposability alongside fossil fuels. Additionally, it examines fuel performance drivers through bootstrapped truncated regression. The findings reveal that maintenance practices and vehicle age negatively affect fuel performance, with the latter showing a non‐linear influence. As fuel prices rise, bus company managers increasingly adopt fuel‐saving practices.

Assess the reality of implementing the requirements of the environmental management system in accordance with ISO 14001:2015: a case study in the General Company for Food Products - Detergents Production Directorate / Baghdad

The research aims to determine the size of the gap between the actual reality of environmental management in the General Company for Food Products / Detergents Production Directorate and the requirements of the international standard ISO 14001:2015, which is represented by the context of the organization, leadership, commitment, planning, support and operation, and performance evaluation and improvement through analyzing the results. This is done after... This is a diagnosis of strengths and weaknesses, as the problem of the research was represented by high operation, which leads to the achievement of high environmental pollutants and the resulting waste and pollutants and high costs borne by the company, which may increase and multiply in the future, in addition to the lack of environmental interest among managers and individuals working, which reflects negatively. To implement the requirements of the specification. The research adopted the case study approach to achieve the objectives of the study and reach the required scientific facts. The General Company for Food Products / Directorate of Detergent Production was chosen as the spatial boundaries for conducting the study, and checklists were used to collect data to reach facts related to the application of the system and achieve the objectives of the research. Also, reliance was placed on field experience, observation and discussion, and a number of statistical tools were used. To get the arithmetic mean.

Foreign experience of implementing ethical values in the anti-corruption policy of private and public sector organizations

The author analyzed and systematized the experience of foreign countries regarding the peculiarities of the implementation of ethical values in the anti-corruption policy of private and public sector organizations. Senior management when implementing anti­corruption standards, regardless of the form of ownership of the organization, when making management decisions, should be guided by their own ethical beliefs regarding their actions, display of integrity, ethics, influence on employees of lower management levels regarding the example of the prevalence of anti-corruption standards when making management decisions. The importance of the Codes of Ethics in encouraging the top management of the USA, EU, and Great Britain in the formation of organizational ethics and the reputation of international companies was established, and the strategic importance of leadership in the prevention of corruption in the formation of anti-corruption programs and the fight against corruption risks was determined in his work on leadership in the prevention of corruption. The experience of the USA, the EU, and Great Britain has shown that compliance with ethical behavior by the middle and lower ranks and, accordingly, the reduction of corruption risks, is mainly implemented taking into account the example set by the management in conducting the company's business. It has been found that the main ways of creating an ethical atmosphere are: establishment of values and principles of the organization, approval of Codes of Ethics, internal control, accountability, regular informing and holding of training events by the management with its mandatory participation regarding ethical values, trust in the management and its personal compliance on issues of corporate ethics in the absence of an ethics officer position. The practice of management implementation of ethical values in the anti-corruption policy of public authorities in Australia has shown that the ways of such implementation can be: the introduction of external control procedures open to the public, as well as confidential reporting procedures for senior management. The experience of Liberia, Kenya, and Georgia regarding leadership and corruption in the management of companies and in the public service as one of the main causes of civil wars is analyzed. Positive practices regarding the use of anti-corruption policy and the establishment of the role of leaders in the management of African countries have become the implementation of anti-corruption policy and strategy in the top management of countries, decentralization of power and the practice of identifying and returning illegally obtained funds of government officials to state accounts. The author summarizes effective ways of implementing ethical values in public sector organizations, using the example of Georgia, namely: political loyalty of management in the field of management in the fight against corruption; implementation of e-governance and e-services, long-term investments in building a corporate ethical culture, implementation of a mechanism for direct access to information on combating bribery to the company's top management, and encouraging employees to report suspicious activity related to corruption. Using the example of Estonia, the peculiarities of the role of management in overcoming corruption, the implementation of anti-corruption initiatives, certain trends regarding the role of the leadership of the law enforcement sphere in anti-corruption policy have been established. Estonian legislation has formed trends regarding the identification of the role of management in the formation of anti­corruption culture in law enforcement agencies through organizational views on corruption and the views of managers on overcoming corruption, in particular: the openness of top management to discussing anti-corruption issues in relation to their own organizations; focus on the organizational culture of non-perception of corruption starting from the top management level; integration into everyday practice of existing ethical standards; prevention of corruption risks associated with senior officials of organizations.

Optimization of Warehouse Management in Company A

China's modernization of warehouse management started late, advanced technology management level, management experience is more lacking, and the advanced warehouse management level of developed countries there is still a certain gap. This paper takes Company A as an example to conduct in-depth research and analysis and summarization. lt is found that the main problems in the process of warehouse management are concentrated in the complexity of the warehouse operation process, unreasonable warehouse planning, lack of inventory control, low warehouse picking efficiency, warehouse picking efficiency is low and other five aspects, according to the problems that exist in the warehouse space management, warehouse picking workflow optimization, reduce warehouse management costs, improve warehouse picking efficiency and other improvements to countermeasures in order to enhance the company's warehousing management capabilities and level.

Perceptions and Attitudes of SMEs and MNCs Managers Regarding CSR Implementation: Insights from Companies Operating in the Retail Sector

To establish a responsible business environment, it is important to analyze the way corporate social responsibility (CSR) is implemented within the business world. In this respect, managers play a crucial role in designing and applying the CSR concept and practices. Therefore, this paper aims to identify and analyze the perceptions and attitudes of medium-sized enterprises (SMEs) and multinational companies (MNCs) managers in the Romanian retail sector related to CSR implementation. A documentary research approach and a qualitative research methodology through the use of four focus groups were utilized to fulfill the above-mentioned purpose. Additionally, the authors employed content analysis and Nvivo 14 software to process the collected data. The findings indicate that the size of firms represents a key element of managers’ perceptions and attitudes regarding CSR. Particularly, SME managers have a lower level of familiarity with the concept and the potential advantages for business compared to MNC managers. Furthermore, when it comes to CSR practices, MNCs use a comprehensive approach to meeting the demands of their stakeholders, whereas SMEs prioritize the requirements of their employees. One major obstacle in implementing the CSR concept continues to be the high expenses involved in the businesses.

Technology Adoption in Material Procurement: An Empirical Study Applying the UTAUT Model Among Construction Companies in India

The Indian construction industry faces many challenges, such as low productivity, project delays and a lack of professionalism. To remain competitive, construction companies must adopt innovative technologies to make their operations more efficient. In this context, the management of companies needs to understand employee attitudes and perceptions of technology adoption to make investment decisions for adopting new technologies. This study aims to assess the employees’ perceptions of e-procurement as part of technology adoption in the construction sector. The popular Unified Theory of Acceptance and Use of Technology (UTAUT) framework was adapted to develop a study model with employee attitude added as a mediating variable. Data collected from 305 employees working in the materials departments of different private construction companies are analyzed using SPSS Amos, a covariance-based structural equation modelling (CBSEM) tool. The study results revealed the strength of the predictor variables in determining the predicted variable and the significant role of the mediating variable in shaping employee perceptions. The results can provide valuable information to the management of the construction companies about which factors promote the adoption and acceptance of digital technologies. This awareness is greatly helpful in changing or adjusting the situation to improve employee perceptions of accepting new technologies.