Managerial Aspect Research Articles

Managerial Aspect of Private Health Care Institutions in the Republic of Croatia at the Time of COVID-19 Pandemic

Managerial economics, with its specificity, provides a special insight into the management of private health care institutions. According to the sources of the Financial Agency (FINA) and the national classification of activities (8622 and 8610), the observed industry in the Republic of Croatia in 2020 contains 675 entities, out of which 9 are in special private hospitals (8610), and others are in specialist medical practice (8622). The effectiveness of managers in conditions of uncertainty and increased risk is reflected in the availability of information and their experience in similar situations. Precisely the lack of information that was present at the time of the COVID-19 pandemic indicates the effective strategic thinking of managers (owners) of the observed institutions who responded in a timely manner to market needs in these conditions. In doing so, they acted as a substitute for specialist health care because it was not able to provide adequate service to the required extent. Key words: managerial economics, private health care, COVID-19 pandemic, company, market structure

Methods of Assessing the Level of Market Capitalization of Joint-Stock Companies: Economic and Managerial Aspect

Introduction. Effective assessment of the market capitalization of public joint-stock companies is an important strategic aspect that determines the level of corporate governance, competitiveness of manufactured goods or services, investment attractiveness, publicity, and transparency of the company in the stock market. In this regard, there is a need to study the advantages of various methods of market capitalization assessment, which will ensure not only the determination of the effectiveness of the corporate and financial activities of domestic joint-stock companies but also the investment value at the state level, ensuring the strategic necessity of satisfying social needs.
 Aim and tasks. It consists in researching current methods of assessing the market capitalization of public joint-stock companies and proposing new ones for the purpose of a more comprehensive analysis of the company's activity at the stock market.
 Results. The peculiarity of legal management and regulation of the market capitalization of Ukrainian public joint-stock companies is determined; the methods of assessing the market capitalization of joint-stock companies and the goals set by the entities that apply it in the evaluation are distinguished, namely: the method of the current market value of a public joint-stock company, the method of the average market value of a joint-stock company and the method of the maximum market capitalization of a joint-stock company. Ensuring the legality of market capitalization assessment, was carried out. A factor method of market capitalization assessment and a comparative method have been developed for the purpose of a more thorough assessment. It consists in presenting the author's approach to assessing the level of market capitalization through the use of comparative and factor approaches, which include not only an assessment of the market position of a joint-stock company at the stock market, but also individual balance indicators at the beginning of various reporting periods, establishing transparency and competitiveness.
 Conclusions. The proposed research results will be useful for a comprehensive assessment of not only the financial, stock and marketing strategy of a public joint-stock company at the stock market, but to ensure its own competitiveness, liquidity and investment attractiveness, take into account factors affecting the comprehensive business, investment and financial position of a joint-stock company.

불교 교단의 경영원리 활용 고찰

Buddhist management requires special principles and techniques since it has a religious nature. Since Buddhist temples are not operated for profit, they have extremely different characteristics than firms. Nonetheless, the term “Buddhist temple management” is used. This is because the process of operating a Buddhist temple also includes management activities to obtain and efficiently use the finances, thereby implying a managerial aspect. This study focused on the teachings of Buddha that can be applied to modern business management and how they can be accepted. In particular, it analyzed the Buddhist view on and principles of economy through the scriptures of Early Buddhism and Mahayana Buddhism. In addition, it described the modern principles and cases of a practicing Buddhist economic view with a focus on Fo Guang Shan Temple in Taiwan.

Trends in the development of management and business technology in the formation of the modern Ukrainian economy

The relevance of the research lies in the fact that the formation of an industrial type of society, which is taking place at the current stage, involves a complex of changes in management and the emergence of new tools in the field of economic activity. The purpose of the research is the study of global and domestic directions of further development and analysis of the current state of directions in the outlined area. By the stated goal, the study's task is to systematize Ukraine's challenges and opportunities, which arise as a result of such changes, for representatives of the business community in the managerial aspect. General scientific and special methods of cognition were used to achieve the set goals and tasks of the research. The result of the research substantiation the proposition that the best results from the modernization of management activity can be traced in the production segment. At the current stage, the Ukrainian economy and representatives of the business community will be forced to radically revise their business processes due to changes in the conditions of the internal and external environment, for example, using a special reengineering technique. The introduction of innovations into the usual functionality of the company is connected with the development of market relations, the growth of competition, and open opportunities created based on the rapid improvement of computing machines and devices, as well as information and communication technologies. The conclusion of the study was the substantiation of the position that the decision-making on the reorganization of the management process taking into account the possibilities of digitalization should be made taking into account possible risks for personnel and the current situation on the market, the state of the management system and short-term and long-term development priorities of the enterprise, institution, organization.

ASPEK MANAGERIAL KEBIJKAN DINAS PEKERJAAN UMUM DAN PENATAAN RUANG DALAM PENGENDALIAN BANJIR DI KOTA SAMARINDA

This article will discuss managerial aspects in implementing flood control policies by the PUPR Office of Samarinda City as seen from four policy implementation variables, namely communication, resources, disposition, and communication. The research method used is qualitative. Data were collected through observation, interviews, and literature study—data analysis using interactive data analysis. The study results indicate that the managerial aspects of the four policy implementation variables in the implementation of flood control policies have been running quite well. In some cases, there are still obstacles.Keyword: managerial aspect, policy, flood control

CEO masculinity and CSR disclosure: evidence from Indonesia

PurposeThe authors analyzed the relationship between chief executive officer (CEO) facial masculinity and the level of corporate social responsibility disclosure (CSRD).Design/methodology/approachThe authors conducted research for 2011–2019, covering companies listed on the Indonesian Stock Exchange. This study used an ordinary least squares regression, the coarsened exact matching (CEM) and propensity score matching (PSM) procedure in testing the hypothesis.FindingsBased on the results of analysis, it is known that CEO facial masculinity is negatively related to corporate CSR disclosure levels. However, this negative relationship can be mitigated through governance mechanisms: the audit committee.Research limitations/implicationsThis paper provides implications in the field of research, especially regarding the biological attributes of CEOs in relation to CSR.Originality/valueAs many previous studies focused on the managerial aspect of the CEO, this study focused on the biological aspect of CEO. To the authors’ knowledge, this study is among the first to attempt to investigate this issue in an emerging market.

Linking Masstige Marketing with Masstige Value: A Study of Customers’ Views from an Emerging Market of Pakistan

Masstige has become integral concept for luxury sector. Studies on this theme are scant, particularly in the masstige sector. This study aims to understand the role of consumer behavior attributes measured through Consumer Attitude (CA) and Consumer Hedonic Motivation (CHM) by examining the relationships between Masstige Marketing (MM) and Brand Prestige Value (BPV). Data was collected from 500 Apple’s MacBook consumers through questionnaire and model was analyzed using partial least squares - structural equation modeling (PLS-SEM) approach. The obtained data was evaluated using SmartPLS software. Results showed that there is a positive relationship between MM and BPV and the link between MM and BPV was partially mediated by CA and CHM. From a practical point, the relationship between masstige marketing and consumer behavior attributes provides a clue on how masstige brands can enhance prestige value of the brands for the masses. Current study contributes to the literature by providing a theoretical framework and empirical evidences for predicting and explaining masstige brands consumers’ behavior. From managerial aspect, current study identified critical components that are mandatory to enhance brand prestige value and discussed the implications of predictive elements on developing masstige marketing strategies that increase consumer’s positive behavior towards the masstige brands. Keywords: masstige marketing, consumer behavior attributes, consumer attitude, consumer hedonic motivation, brand prestige value.

Towards the Conceptualization of Media Inclusion: managerial aspect

The article suggests the author’s approach to the conceptualization of the concept of “media inclusion” in the managerial aspect, which is dictated, firstly, by the absence of this term as a whole and separately of the concept of “inclusion” in domestic media studies, and, secondly, by the presence of a large body of work on the inclusion of certain types of media in the social space, which requires its own understanding. The author (1) reveals the sources of the emergence and specificity of new media in the framework of managerial discourse; (2) notes the features of the use of the concept of inclusion in the scientific lexicon; (3) shows the the specifics of considering inclusion in the media and the effectiveness of media in domestic and foreign science; and (4) conceptualizes the media inclusion from managerial the point. The methodological basis of the research is the work of F.I. Sharkov and V.V. Silkin on the genesis of the sociology of media space, which presents sociological tools for the study of the inclusion of media in social space and media space as a set of fields that unite individuals in the social information space. The author’s concept of media inclusion is based on a comprehensive study of media inclusion as a paradigm in already existing social processes at the management level.

Case Study of the Personal Experiences on Instructional Leadership of Middle-Level Leaders during Pandemic

The pandemic has brought disruption in the educational setting. This sudden disorder has to be handled properly and quickly by the management, specifically the middle managers, to ensure a smooth delivery of learning and teaching. Holding on to the assumption that middle managers have a special function during a crisis, this study explored the instructional leadership of middle managers during the pandemic in a private institution using the Philippine Professional Standards for Supervisors. Using qualitative phenomenological design and employing focus group discussion as a data gathering technique to inquire on the middle managers’ handling of the academic condition, results reveal that implementation of the curriculum was smoothly done even if they are not well-equipped with the current situation. This study clearly emphasized that middle managers' critical function, especially in turbulent times, for the smooth delivery of instructions by monitoring the teachers' well-being professionally and emotionally and providing needed academic assistance. Hence, we recommend that academic institutions enhance the managerial aspect of middle managers by including disaster and risk mitigation. It is also recommended to look after the welfare of the middle managers. The key role they play is crucial to sustaining the delivery of academic excellence.

The implication of Islamic Boarding School policy in developing the quality of Islamic religious education in East Java, Indonesia

This paper discusses the implication of Islamic boarding school education quality policy in Indonesia. The presence of state in developing quality began with the issuance of Law Number 18 of 2019 concerning Islamic Boarding Schools and Presidential Decree 82 of 2021 concerning funding for implementation of Islamic Boarding Schools which later affected its existence in Indonesia, especially Islamic boarding schools in East Java. The results have implications for 2 aspects, namely the management of macro aspects and micro aspects. Management on macro aspects, among others; first, the regulatory aspect of Islamic Boarding School quality assurance, second, the funding aspect of Islamic Boarding School, and third, the managerial aspect of Islamic Boarding School. While the management of the micro aspects, among others; (1) The philosophical values and vision and mission of Islamic Boarding School; (2) Human resource management; (3) Management of facilities and infrastructure.

Rural schools: a model for achieving targets for personal development in a psychologically comfortable educational environment

Introduction. Regulatory documents in the field of education clearly indicate the requirement to build a developing educational environment in each educational organization. At the same time, psychological comfort is an important condition for its functioning. To study the formation and support of such an environment is an urgent problem for rural schools, especially in the context of achieving the goals of developing the actual qualities of the personality of the information world. The purpose of the research is to justify and develop a model for achieving targets for personal development in a psychologically comfortable educational environment in a rural school. Materials and methods of the research. The main method is the triadic method of information criteria. Additional methods are the analysis of literary works on the problem and modeling. Research results. The model for achieving targets for personal development in a psychologically comfortable educational environment in a rural school has scientific justification and textual and graphical expression (design). The model is presented in steps. It has 7 levels, which together determine options for forming of personality traits that are in demand by modern challenges and threats as a component of the “21st century skills” for students in rural schools. The model determines the total of probable forms of the educational environment, identified according to the criterion "the possibility of developing personality traits that are in demand in the modern world, subject to psychological comfort". It allows a) to identify possible combinations of these personal qualities that determine the creation of different variations-types of the educational environment; b) to analyze the directions and trajectories which can be used to form and develop the environment for the required personality parameters. The model is an analogue of a morphological box, which, taking into account the context of a particular rural school, allows to determine the most optimal way for developing personality traits in an educational environment “tuned” for the priority improvement of independence, initiative, involvement, subjectivity, reflexivity and confidence of all subjects. Significance of the research. The results of the study develop the pedagogical theory of the educational environment in the context of achieving the goals of modern education and ensuring the psychological well-being of subjects. The developed model can be applied not only in rural schools, but also in urban ones, adjusted for a specific context. As for the managerial aspect, the result in the form of a model is valuable knowledge for administrative workers of educational organizations of any type.

Internal social policy in Volgograd business organizations: managerial aspect (according to an expert survey)

Internal social policy in Volgograd business organizations: managerial aspect (according to an expert survey)

Strategi Peningkatan Aspek Keuangan dan Manajerial Koperasi Seruni Putih

This research aims to: (1) analyze monetary and managerial condition at Seruni Putih Cooperative now, (2) determine and recommend the right strategy to improve monetary and managerial aspect of Seruni Putih Cooperative. Research method used in this research is qualitative descriptive. Data retrieval techniques are carried out with interviews, observations and documentation. Data analysis techniques are using SWOT analysis. By analyzing the strengths, weaknesses, opportunities and threats, it will further facilitate to compose the right strategy in improving the financial and managerial aspects of Seruni Putih Cooperative. The results of this study show that to improve the financial aspects in Seruni Putih Cooperative can use the following strategies: (1) improve the quality of performance, both in carrying out RAT and lending services in cooperatives, (2) make letters of agreement when borrowing to minimize bad credit, (3) regenerate cooperative managers so that productivity in cooperatives is more optimal. Strategies that can be applied to improve managerial aspects in Seruni Putih Cooperative are: (1) utilizing the knowledge gained from the training of the Department and other institutions to improve the quality of Human Resources in cooperatives, (2) maximize opportunities for local resources to increase cooperative capital, (3) optimize their own capital by increasing compulsory savings.

System of professional-digital competencies of a teacher ofahigher pedagogical educational institution

The article is devoted to the problem of substantiation of the integral target orientation of preparation of future teachers of institutions of higher pedagogical education for professional activity in the conditions of digitalization of society: systems of their professional-digital competences. The main conceptual idea is put forward: professional-digital competencies of a teacher of a higher pedagogical educational institution are in isomorphic dependence on his/her professional functions and form a holistic system - a reference model of the target landmark of the digitalized educational process in graduate and postgraduate studies. The integral-functional dimension describes the procedure for establishing a holistic set of updated teacher functions in the digital educational environment ofa pedagogical university. The set of the following criteria for their search is outlined: 1) the specifics of thefunctional content of the types of teaching activities, taking into account the process of digitization of higher education; 2) the subject of the teacher's relations with future teachers and public life; 3) the nature of the relevant links. According to all criteria in their unity, three core professionally defined functions are defined: heuristic-digital, managerial-digital and self-development-digital. To these are added purely instrumental general professional - executive-digital, technical-digital and the function of compliance with digital security.
 The differences between the concepts of "professional-digital" and "digital" competence are emphasized. The concept of the system of professional-digital competencies of a teacher of a higher pedagogical educational institution as a holistic and interconnected set of their components, adequate to his/her certain professional functions in the digital environment, is formulated. The following relevant system of competencies is defined: heuristic-digital aspect (competencies in the areas of pedagogical innovations, digital content of personal and professional development, in particular, worldview and existential orientation, etc.); managerial and digital aspect (competence of the teacher of diagnostic and prognostic, motivational, design, organizational, stimulating and control functional and managerial nature); self-development-digital aspect (important for personal, professional and professional-cultural development of the teacher's competence); aspect of digital culture (digital competencies, highlighted in the literature, important for information retrieval, reception, processing and output, use of basic and application software, solving technical problems, personal data protection, copyright, etc.)

A GENERAL EVALUATION OF LOGISTICS MANAGEMENT IN TERMS OF ORGANIZATIONS

Today's world is in a period where globalization activities and commercial applications are experienced rapidly. For this reason, logistics is an important business function to offer all kinds of products and services that all global consumers need, at the right time, at the right place, at the right cost, under the right conditions, to the right customer. In terms of businesses, logistics has strategic importance in providing inputs to the business, information flow in the processes of the business and ensuring the appropriate distribution of business outputs in target markets, and it is important both in the planning of operating costs and in terms of gaining value of the business. In addition, logistics enables the realization of the structure defined as the supply chain by providing product and information flow between businesses. In the last quarter of the century, where globalization is gaining momentum day by day, businesses are developing their logistics practices day by day and including them in company processes in order to ensure continuity in their activities and not to lose their customers, who are the most important part of their earnings. However, logistics has generally been tried to be defined as numerical applications made with a pure transportation process and sometimes with computer software. However, although logistics has a financial aspect that includes many numerical operations, there is also a managerial aspect that requires planning, organization and control at every step. By mentioning the emergence and development of logistics activities, which are critical for businesses, the logistics management practices of these activities in businesses, their benefits to businesses and the working areas of logistics management in businesses are examined.

Eight Javanese teaching issues and its possible solutions: A systematic literature review

Previous research to diagnose problems in Javanese language teaching was not well organized. As a result, there was no adequate formulation of recommendations for educational policies. This research was conducted to overcome this weakness. Thus the objectives of this research were: (a) to reveal trends in Javanese language teaching problems in the last 10 years, (b) to explain the causes of these problems, and (c) to develop recommendations for solving the problems. Using literature review design, this research examines 32 empirical studies on the problem of teaching Javanese. The literature that meets the criteria is analyzed thematically-qualitatively. The findings of this research reveal three categories of problems, namely: managerial, individual-social, and instructional. By tracing the sequences, the causes of the series of trouble are the managerial problem, such as curriculum design, teacher competencies, and the quality of teaching materials. Curriculum design issues, for example, affect minimum standards of achievement. Likewise, the problem of teacher competence affects the use of methods and media selection, which has an impact on motivation, attention, and learning achievement. This prevalence occurred in almost all research locations (Central Java, Special Region of Yogyakarta, and East Java). Especially in Central Java and East Java, individual-social issues are also very influential concerning students' dialect, culture, and ethnicity. In conclusion, complexity of Javanese teaching issues in the last 10 years come from managerial aspect. As part of the conclusion, this research presents academic contribution for scholars and stakeholders by proposing four eligible recommendations related to the development of teacher competencies and the granting of authority to developers of teaching materials (and curriculum) at a lower level.

Employee Performance Improvement at the Grand Mercure Hotel Jakarta Kemayoran Through Talent Development Initiatives

To propose a model increasing employees' work performance in Hotel Grand Mercure Kemayoran, Jakarta. This research method is quantitative. They are collecting data with instruments that have been tested for validity and reliability by sending a google form and using the accidental sampling technique, which is a sampling technique based on the chance for each element or member of the population to be selected as a sample (Sugiyono, 2013). A total of 100 samples were successfully collected, the data was processed by SEM using SmartPLS 3.2.9. Discipline and competence affect Talent Development Initiatives. Punishment does not affect Performance; indirect effect Discipline through the mediating role of Talent Development Initiatives on Performance has no effect. Competence affects performance either directly or indirectly through the mediation of the Talent Development Initiative. From the managerial aspect, continuously improve competence, skills, and knowledge as well as work attitude by speeding up the work followed by an awareness of work discipline on time, and obeying the rules according to SOPs, as well as planned work rotations to motivate employees to improve the quality of employee performance. according to the target that has been set.

Development institutes in the government and business partnership

The article deals with the activities of national development institutions as the most important instrument of public policy for the development of investment potential of the business community and the promotion of various forms of public-private partnerships. The results of the Accounts Chamber of the Russian Federation’s audit of the institutes of development efficiency and their use of allocated resources are analyzed. An assessment is made of the ongoing reform of development institutions, proposals and recommendations are developed, primarily in the managerial aspect, to achieve their optimal state as a connecting link between the state and business.

Prednosti i nedostaci onlajn režima rada sa osvrtom na posledice po mentalno i opšte zdravlje - iskustva stečena tokom pandemije COVID-19

COVID-19 pandemic has put traditional forms of work and education on hold for many institutions. The impact of the transition to "online" work and education mode on mental and education on mental health is particularly interesting. The primary objective of this paper was to to identify advantages and disadvantages of transition to the online work regime that were additionally exacerbated by the pandemic (managerial aspect). The secondary objective was to consider this impact on the mental health of the individuals (socio-psychological aspects). A review of the literature published so far related to the work and teaching process in the Covid-19 pandemic recommends an online regime whenever possible. The results in the labor market domain indicate that if a person is self-disciplined, does not require supervision, has clear tasks and motivation, the online regime provides a number of benefits to such an employee, and consequently to the employer. On the other hand, for people who find motivation to work primarily in contact with colleagues, require supervision, lack self-discipline, as well as for those who aspire to managerial positions, teleworking does not give favorable results. In the field of teaching, in online education, quantitative analysis shows an improved success of pupils and students, but raises the question of whether this success is backed by real knowledge. The identified health consequences for individuals exposed to long-term online interaction regimes are, primarily: burnout syndrome, isolation from friends, problems in family relationships, experience of reduced happiness at home, general poor health and lack of sleep. It is likely that this regime will continue to some extent in the foreseeable future; work organizations and educational institutions will need to implement formalized policies that take into account support for managing the boundary between work and home activities, role clarity, workload, performance indicators, technical support, facilitating networking and training for managers.

Modeling of the comprehensive assessment of the effectiveness of economic entities: Management aspect

The COVID-19 pandemic has caused an unprecedented structural change in the current evolutionary development of the national economy of Ukraine. Situational trends that arise in the open economy of the country require reactive changes in the conditions for doing business and force public authorities to update strategies or mechanisms to support it. At the same time, a number of explicit factors, including unemployment and inflation, further exacerbate the problems in business activities. This makes it necessary to search for relevant methods that would allow interested stakeholders to carry out uninterrupted diagnostics of the state of entrepreneurship development and, on this basis, determine effective government policy tools to support this sector of the economy. Important management measures are the current assessment of the business sector, determination of its future development, and forecasting the consequences of the impact of the external environment on the activities of enterprises. At the same time, the updated methods should take into account the evolution of the development of the national economy and the specifics of the modern activities of large, medium, and small enterprises in Ukraine. The purpose of the article is to develop a relevant methodology for assessing the current activities of business entities in the managerial aspect, as well as modeling the forecast for the development of this sector of the economy, taking into account the specifics of the functioning of the national economy of Ukraine. The use of the methodology proposed by the authors will make it possible to systematically assess the current state of entrepreneurship development and respond in advance to negative factors that cause its inert development.