Management Decision-making Process Research Articles

IMPLIKASI KARAKTERISTIK BUDAYA MASYARAKAT DALAM PENGELOLAAN HUTAN LINDUNG GUNUNG SIRIMAU KOTA AMBON PROVINSI MALUKU

This study examines the cultural characteristics of communities living around the Sirimau Protected Forest and their impact on sustainable forest management. The surrounding indigenous communities hold a deeply rooted cultural system that includes language, knowledge systems, social organization, technology, livelihoods, and religious beliefs, all of which influence their approach to natural resource management. One of the core elements is local ecological knowledge—an understanding of the forest’s ecosystem, flora, fauna, and geography that has been passed down through generations. Key social structures, such as the roles of local leaders (raja), community councils (saniri), and forest guardians (kewang), play a significant role in ecological stewardship through customary regulations, including the sasi tradition, which restricts forest use during specific periods to prevent overexploitation. The research emphasizes the importance of involving indigenous communities in forest management decision-making processes, which not only supports ecosystem sustainability but also preserves the cultural identity and values of these communities. Findings from this study advocate for community-based forest management approaches that integrate social, economic, and cultural aspects to achieve optimal environmental sustainability.

Web-GIS Application for Hydrogeological Risk Prevention: The Case Study of Cervo Valley

Natural disasters have increasingly threatened human life, infrastructure, and ecosystems, exacerbated by climate change, urbanization, and deforestation. Effective disaster risk management is crucial to mitigate these impacts. Traditionally, Geographic Information Systems (GISs) have provided spatial data analysis capabilities, but the advent of Web-GIS applications has revolutionized this field. Web-GIS platforms enable real-time data access and facilitate enhanced stakeholder collaboration. This paper details the development of a Web-GIS application tailored for hydrogeological risk management in Cervo Valley, part of the NODES—Nord Ovest Digitale e Sostenibile project under Italy’s National Recovery and Resilience Plan (NRRP). The application integrates both static and dynamic geospatial data to create an interactive interface for evaluating and planning responses to hydrogeological hazards, specifically floods, landslides, and debris flow cones. By utilizing advanced Web-GIS capabilities, the project aims to refine the risk management practices and decision-making processes, thereby bolstering territorial resilience and addressing contemporary spatial challenges with enhanced precision and efficiency.

The Mediating Role of Leader-Member Exchange in the Relationship Between Paternalistic Leadership and Turnover Intention: A Study on Millennial Employees in China

This study investigates the relationship between three-dimensional paternalistic leadership and turnover intentions among millennial employees in China, with a focus on the mediating role of leader-member exchange (LMX). A sample of 241 millennial employees from private enterprises was analyzed using SPSS and PLS techniques. The findings indicate that LMX effectively mediates the influence of three-dimensional paternalistic leadership on turnover intentions. The study's use of single respondent and cross-sectional data may limit the robustness and generalizability of its conclusions. Nevertheless, the results offer valuable insights for management practices and decision-making processes in organizations. This research contributes to the literature by highlighting LMX as a crucial mediator in the relationship between three-dimensional paternalistic leadership and turnover intentions among millennial employees. It underscores the importance of further exploring LMX's mediating role in similar contexts, thereby advancing theoretical understanding and practical applications in leadership and employee retention strategies.

Financial decision dynamics: Environmental, social, and governance factors and managerial choices in emerging markets

This study examines the linkage between the ESG performance of firms and managerial decision-making. It uses 8 years of ESG performance data of 110 Indian firms collected from the Thomson Reuters database. The study finds that high ESG performance mitigates a firm’s cost of debt more than equity cost. Furthermore, increases in ESG performance are associated with higher capital expenditures, lower investment cash flow sensitivity, higher cash holdings, and lesser payout of increased cash flows to shareholders. The findings are in sync with the Slack resources view, suggesting that the requirement of financial Slack for ESG-related innovations and risk-bearing is large and impacts the major managerial decisions of firms. While the effects of environmental and social performance on these decisions are similar to that of the composite ESG performance, governance performance shows an independent impact on the payout decisions of firms. The Granger Causality test reveals a bi-directional association between debt issues and ESG performance. The main results obtained from the multiple panel regressions are robust to additional tests involving lead-lag analysis. The overall findings of this study highlight the importance of ESG performance screening in the managerial decision-making process of investors who would not like to risk growth potential for a short-term increase in dividends.

ESG systems and financial performance in industries with significant environmental impact: a comprehensive analysis

Research background and significanceAs China's economy continues its rapid expansion, the issue of environmental degradation has escalated, particularly within industries with significant environmental impact, such as steel, chemical, pharmaceutical sectors. These sectors are confronted with profound environmental and social responsibility challenges. The development of robust Environmental, Social, and Governance (ESG) systems has therefore become essential for improving environmental performance, meeting social responsibilities, and optimizing corporate governance structures. This study investigates the impact of ESG system implementation on the financial performance of enterprises within these environmentally impactful industries, offering a scientific foundation and practical guidance for corporate leaders and policymakers to facilitate green transformation and sustainable development.Methods and dataThis research integrates empirical analysis with case studies, employing a dataset of 2,376 observations from 792 listed companies within industries with significant environmental impact, spanning the period from 2019 to 2021. The data, sourced from the Wind database, were analyzed using multiple regression techniques. The findings reveal a significant positive relationship between overall ESG scores and corporate performance, measured by Return on Equity (ROE) and Return on Assets (ROA). All three ESG dimensions—environmental (E), social (S), and governance (G)—exhibit positive impacts on corporate performance. Furthermore, factors such as company size and growth rate are positively correlated with performance, whereas leverage ratio is negatively correlated. To further substantiate the empirical findings, a case study of Hunan Valin Steel Co., Ltd. was conducted.Results and conclusionsThe findings of this study demonstrate that the implementation of ESG systems substantially enhances the financial performance of enterprises within industries characterized by significant environmental impacts. Specifically, investments in environmental protection led to greater resource utilization efficiency, social responsibility initiatives foster enhanced employee productivity and customer loyalty, and strong corporate governance improves management structures and decision-making processes. The case study of Hunan Valin Steel Co., Ltd. reinforces these results, illustrating that a comprehensive ESG framework not only helps such enterprises achieve their environmental and social responsibility objectives but also markedly improves their financial outcomes. This research provides robust empirical evidence and actionable management recommendations for ESG system implementation in environmentally impactful industries, along with scientific support for informed policymaking.

Research Question : How do AI-Based Decision Support Systems Influence Managerial Decision-Making Processes in Businesses?

According to research by Oracle and Seth Stephens-Davidowitz, 85% of business leaders have experienced decision stress, and three-quarters have seen the daily volume of decisions they need to make increase tenfold over the last three years. As businesses keep growing rapidly, competition becomes tougher. Consequently, business leaders and managers are facing increasing pressures to come up with the right decisions for their business. In cases where vast amounts of data needs to be analyzed, there resides a high chance of patterns and information going unnoticed by humans. Consequently, Poor decision making is estimated to cost firms on average at least 3% of profits, which for a $5 billion company amounts to a loss of around $150 million each year. This may affect a likely business’ finances to a huge extent. Furthermore, analyzing such vast amounts of data is inefficient in relation to time and productivity. Consequently, This process also hinders business teams’ concentration on tasks aligned with their expertise.

The interplay of humor and creativity: shaping rationality and decision-making quality

This study explores the relationship between humor, creativity, rationality, intuitiveness, and decision-making quality, all of which are vital in organizational management and success. Despite the importance attached to decision-making, prior research has not fully addressed how humor and creativity interact with rationality. Drawing from psychology, cognitive science, and management studies, we investigate how humor and creativity jointly influence cognitive reflection and decision quality. Using a sample of 998 participants and employing a mediating-moderation PROCESS model, our findings indicate that rational individuals tend to make higher-quality decisions, with affiliative humor mediating this relationship. Furthermore, we observed that employees’ creativity levels moderated this relationship, especially among rational employees with high creativity, who made higher-quality decisions. These findings highlight the interconnectedness of humor, creativity, and rationality in decision-making processes, offering practical implications for organizational behavior and management practices. Understanding this interplay can provide a nuanced approach to enhancing decision-making processes in management, emphasizing the value of humor in organizational contexts.

Application of Mobile Technology in Enterprise Management: From Mobile Office to Intelligent Decision Support

With the rapid advancement of information technology, the application of mobile technology in enterprise management has become increasingly widespread. From mobile office solutions to intelligent decision support systems, the proliferation of mobile technology has not only enhanced operational efficiency but also provided more flexible and convenient management methods. Existing research indicates that the adoption of mobile office solutions enables enterprises to overcome limitations of time and space, improving work efficiency and employee satisfaction. Additionally, the implementation of intelligent decision support systems allows enterprises to make faster and more accurate business decisions. However, current studies often focus on individual mobile technologies or application scenarios, lacking a systematic exploration of mobile office data sharing and intelligent decision-making collaboration. Moreover, most research overlooks privacy protection issues in the enterprise management decision-making process. To address these gaps, this paper proposes a scheme for mobile office data sharing and intelligent decision-making collaboration and examines the integration of privacy protection in the decision-making process. The findings not only enrich the theoretical framework of management studies but also provide enterprises with a systematic and practical solution for mobile technology applications, enhancing management efficiency and intelligence while effectively safeguarding data privacy and security.

ARTIFICIAL INTELLIGENCE TECHNOLOGIES AND SOLVING SOCIAL PROBLEMS

The use of modern digital technologies, such as paperless document management, automated information systems, blockchain, big data, artificial intelligence (AI), etc., allows you to create high-performance decision-making systems. In the course of the development of modern information technologies, intensive digitalization is taking place in almost all spheres of human activity and the introduction of artificial intelligence, which affects social problems within society. In addition to the obvious advantages of using human intelligence in the new digital world, there may be various situations, primarily related to the digital society and the management decision-making process. Social problems are investigated using artificial intelligence technologies in a digital society. The article discusses the main aspects of social problems related to artificial intelligence technologies, in addition, in order to solve social problems and identify semantic features of the knowledge base, an algorithm has been developed that provides a clear picture of social aspects in the process of filling in the database, taking into account the purpose of forming a thesaurus for a system of questions and answers.

Large carnivore management at odds: Science or prejudice?

Large terrestrial carnivores are now widely recognized as essential components of ecosystems. However, the management of large carnivores varies greatly at national and international scales, and some management decision processes do not seem to be informed by scientific evidence. We discuss the ongoing debate on wolf management in Europe, the recent development of wolf management in Spain, and some controversial issues affecting the management of several large carnivores in North America. In Europe, the level of wolf protection may be reduced by the European Commission without robust scientific evidence. In Spain, the debate over wolf conservation continues in the courts, rather than on the basis of scientific arguments, and in several North American areas, intensive management killing has continued for decades, despite its failure to meet intended goals. Overall, we argue that decision-making processes for reducing wolf protection at the international level are less restrictive than those for increasing it, and that such processes would be more defensible if they were scientifically informed and if they applied the precautionary principle. This issue applies to wildlife management of several species on different continents and urges agencies to make responsible decisions that typically affect transboundary populations.

Management and paradigm influence: A call for paradigm shift

This article critically examines the influence of the dominant paradigm in management, characterized by its emphasis on profit maximization and individualism, which has resulted in profound socio-economic and environmental challenges. The methodology involves an exploration of the historical evolution of management practices and an analysis of how these practices have primarily served shareholder interests while often neglecting broader impacts on employees, customers, and society. The results of this examination highlight the need for a paradigm shift that prioritizes ethical considerations, social responsibility, and sustainability in management decision-making processes. By advocating for this shift, this article encourages organizations to realign their objectives to balance financial performance with the goal of serving humanity more effectively. The conclusion emphasizes that this reorientation not only addresses contemporary management challenges but also fosters long-term sustainable success. Ultimately, this article’s significant contribution lies in its call to elevate human values in management decisions, thereby creating business models that positively impact society as a whole.

Real world data for real world problems: Importance of appropriate spatial resolution modelling to inform decision makers in marine management

Effective management of marine ecosystems requires informed decision-making based on accurate, comprehensive and appropriate data. Mapping habitats can form an important part of these processes so that decision makers can ensure the pressures exerted by human activities can be assessed while considering the sensitivity of the environment. Predictive models can be utilised to understand the distribution of species and habitats (e.g. biotopes) without incurring the expense of wide scale surveys. If predictive models are used in decision-making care must be taken in interpreting model results. The spatial resolution at which habitat modelling is conducted can greatly influence the decision outcomes. Whilst national resolution habitat maps serve as valuable resources for informing overarching policy making, for development level decisions fine resolution habitat information is needed. This paper explores the importance of spatial resolution modelling in marine management decision-making processes, using four spatial resolutions (50 m, 100 m, 200 m and 500 m) to model the presence of a protected habitat, maerl beds, within the Fetlar-Haroldswick Marine Protected Area in the Shetland Islands, Scotland. Outputs were compared for model performance between the resolutions and area of modelled maerl bed coverage. Simulations of real-world marine activities, explore the magnitude of overlap attributable to varied spatial resolution models, with an emphasis on the presumed ‘need’ for management. This study shows the importance of considering spatial resolution in modelling outputs and highlights the challenges associated with using models to guide decision-making, direct pressures on protected habitats, and cumulative impacts. It carries significance for maximising economic opportunity while safeguarding marine features. For real-world applications coarse resolution data may suffice for strategic, large-scale decisions, but finer resolutions are imperative for consenting or managing individual marine activities. By emphasising the need for appropriate spatial resolution modelling, these findings contribute to the development of sustainable management strategies that are appropriate to the scale of the decision. Addressing the complexities of real-world decision-making and understanding the magnitude of spatial resolution required for the marine environment are a crucial principle that can also enhance and be applied to other disciplines including, terrestrial ecology, urban planning and the assessment of potential climate change impacts. Failing to model appropriately means that real-world pressures and impacts occurring on a finer scale then the available data may have their impacts over or underestimated, hindering effective governance. Whilst we are striving to meet our national and international obligations and objectives through effective marine governance, this paper highlights the challenges of real-world decision-making where data is not yet available at a suitable resolution to address these issues.

Exploring the Interplay between Business Economics and Global Trade

This study explores the interplay between Business Economics and global trade, focusing on how firms apply economic principles to navigate international markets. The primary aim is to understand how economic policies, risk management, and strategic decision-making processes influence global trade strategies. Utilizing a qualitative research methodology, the study involves in-depth interviews with business economists, trade experts, and senior executives from multinational corporations. Data collection centers on participants' experiences and insights regarding the impact of economic policies, risk management strategies, and decision-making processes in global trade contexts. Thematic analysis of the interview data reveals that firms actively use Business Economics to adapt to changing trade policies, manage risks such as currency fluctuations and geopolitical instability, and optimize their market entry and pricing strategies. The study highlights that businesses leveraging economic models and principles are better positioned to respond to external changes, mitigate risks, and capitalize on growth opportunities in the global market. These findings underscore the critical role of Business Economics in shaping effective global trade strategies and offer valuable insights for firms seeking to enhance their international operations.

A Web-based decision support system for sustainable urban planning and management

Urban and territorial planning processes are characterized by a high level of complexity that makes tools management dif?cult. This research presents a Web-GIS prototype for supporting urban planning and management decision-making processes towards social, economic and environmental sustainability. It is designed according to open-source technology and aims to de?ne new planning top-down and bottom-up approaches. The design criteria of this innovative platform respond to the essential principles of transferability, modularity, scalability, and data interoperability. This new tool is applied to a case study to demonstrate how it can support planners and local authorities in urban planning and management processes.

The Social Practice of Community-Based Development of Curup Kereta Waterfall Ecotourism

Curup Kereta Waterfall Ecotourism in Rambang Jaya Village is a community-managed tourist destination and one of the favorite attractions in Way Kanan, Lampung. This research aims to analyze the social practices in the development of community-based ecotourism at Curup Kereta Waterfall from the perspectives of structure, agency, and interaction. The study employs a qualitative research method. The findings indicate that the social practices in developing Curup Kereta Waterfall ecotourism in Rambang Jaya Village are significantly influenced by domination, significance, and legitimacy within the local community dynamics. The village head's family's dominance is evident in their control over land management and major decision-making processes. This dominance is accepted by the community due to the sekelik system in Lampung culture, which strengthens family bonds as the community members consider each other as relatives. Decisions made by the village head's family are seen as being for the common good and are accepted without social envy. The sekelik system also provides social significance, ensuring continuous community involvement in ecotourism activities. The community feels a shared responsibility to support and promote ecotourism, thereby reinforcing social solidarity essential for the sustainability of ecotourism. The legitimacy stems from strong kinship ties and a sense of togetherness, with the community trusting that the village head's family will manage the ecotourism fairly and wisely.

A priory allocation of ecosystem services to forest stands in a forest management context considering scientific suitability, stakeholder engagement and sustainability concept with multi-criteria decision analysis (MCDA) technique: A case study in Turkey

Various research endeavours are designed to identify ecosystem services, assess their spatial distribution, and prioritize them in a given forest landscape. The Turkish State Forest Organization has introduced an ecosystem-based multiple-use forest management philosophy since 2008, which emphasizes the need for identifying and allocating ecosystem services to each forest planning unit. This paper aims to investigate the use of Multiple Criteria Decision Analysis (MCDA) techniques and explores their effectiveness and suitability in identifying and allocating ecosystem services to forest units, considering scientific suitability, stakeholder engagement and the sustainability concept in the context of ecosystem-based forest management decision-making processes in a case study area of Turkey. We propose a framework that entails an iterative process comprising various stages, starting from identifying ecosystem services (ES) to allocating them to forest stands with a participatory approach. We employed the Analytical Hierarchy Process (AHP) and the Delphi method to determine stakeholder preferences and allocate ecosystem services to forest stands. This was achieved through an equation newly developed using scientific suitability, stakeholder preferences, and the sustainability concept. The landscape percentage allocated primarily to ES was as follows: water regulation (55.44%), soil protection (16.47%), biodiversity conservation (14.03%), wood production (13.08%), and aesthetic-recreation (0.84%). Notably, no allocations were made for national defence and climate regulation services. In conclusion, the stratification of Posof forests into zones was efficiently achieved a priori, considering both scientific-technical and socio-cultural criteria through MCDA techniques based on stakeholder preferences. This study streamlines the decision-making process involved in spatially allocating ecosystem services and provides crucial information instrumental in determining management objectives and optimal forest activities.

OPTIMIZATION OF MANAGEMENT DECISIONS IN TAX RELATIONS: NEW TECHNOLOGIES AND STANDARDS IN ACCOUNTING PROCESSES

The article addresses the critical role of accounting information in the context of tax relations, particularly in the dynamic business environment influenced by globalization. It emphasizes the necessity for structured data organization and information flow to enhance managerial decision-making processes. A significant focus is placed on the quality of accounting data, which is foundational for effective tax reporting and compliance. The study reviews existing literature, highlighting the contributions of Ukrainian researchers who stress the importance of relevant and high-quality accounting information for decision-making. The paper aims to explore the evolving approaches to accounting data formation, driven by globalization and the challenges it presents in tax interactions. It discusses the implications of adopting International Financial Reporting Standards (IFRS), which have been developed to ensure transparency, comparability, and high-quality financial reporting across borders. The article notes that while IFRS adoption is mandatory for many entities in Europe, discrepancies in implementation exist among member states, leading to varied disclosure requirements. Furthermore, the introduction of the Standard Audit File for Tax (SAF-T) is examined as a modern solution for enhancing data exchange between businesses and tax authorities. This XML format enables tax officials to access comprehensive accounting information, facilitating tax audits and compliance checks. The integration of SAF-T with IFRS reporting is posited to improve data quality and operational efficiency while addressing the increasing demand for reliable accounting information. In conclusion, the article argues that the implementation of IFRS and SAF-T can significantly enhance financial transparency and comparability, thereby reducing risks and costs associated with investment evaluations in the global market. However, it also acknowledges potential challenges in managing accounting practices and the need for advanced measures to accurately reflect a company's financial status and performance. This comprehensive analysis underscores the importance of high-quality accounting data in navigating the complexities of modern tax relations

The increase of an allelopathic and unpalatable plant undermines reindeer pasture quality and current management in the Norwegian tundra

Ongoing Arctic greening can increase productivity and reindeer pasture quality in the tundra. However, greening may also entail proliferation of unpalatable species, with consequences for pastoral social-ecological systems. Here we show extensive greening across 20 reindeer districts in Norway between 2003 and 2020, which has reduced pasture diversity. The allelopathic, evergreen dwarf-shrub crowberry increased its biomass by 60%, with smaller increases of deciduous shrubs and no increase in forbs and graminoids, the most species rich growth forms. There was no evidence for higher reindeer densities promoting crowberry. The current management decision-making process aims at sustainable pasture management but does not explicitly account for pasture changes and reduced diversity. Large-scale shifts towards evergreening and increased allelopathy may thus undermine the resource base for this key Arctic herbivore and the pastoral social-ecological system. Management that is sensitive to changes in pasture diversity could avoid mismanagement of a social-ecological system in transition.

THE ROLE OF ECONOMIC DATA ANALYSIS IN MANAGING MEDIUM AND SMALL COMPANIES TO MAKE STRATEGIC DECISIONS AND IMPROVE PERFORMANCE: AN ANALYTICAL STUDY

Economic analysis plays a pivotal role in managerial decision-making processes. This analysis is predicated on deeply understanding economic forces and market factors influencing corporate strategies and decisions. This paper delves into the role of economic data analysis in managing small and medium-sized enterprises (SMEs) to make strategic decisions and enhance performance. The study underscores the significance of this approach and its impact on corporate outcomes. The research analyzes annual reports from three companies: Al-Mahfaza for Mobile and Internet Financial Payment and Settlement Services Company Limited, Al-Arab for Electronic Payment Company, and Iraq Electronic Gateway for Financial Services Company. The paper concludes by drawing key findings from this analysis.

Quantifying groundwater depletion in Arabian Peninsula transboundary aquifer systems: Understanding natural and anthropogenic drivers

Groundwater is the primary source of freshwater for domestic, agricultural, and industrial usage in the Arabian Peninsula countries. It is increasingly becoming a limited resource due to human activities leading to excessive depletion and contamination. Thus, sustainable management of groundwater resources in this region is critical. The groundwater in the Arabian Peninsula countries is primarily found in transboundary systems such as the Wajid, Umm Er Radhuma, and Wasia Aquifers shared between Saudi Arabia, Iraq, Syria, Yemen, and Oman. These systems have no groundwater-sharing agreements, which leads to a lack of data sharing, unsustainable and uncoordinated development, rapid water depletion, water quality deterioration, and land subsidence. This study examines the Wajid, Umm Er Radhuma, and Wasia aquifer systems from April 2002 to May 2021 by analyzing monthly gravity field solutions from GRACE and GRACE-FO satellite data, other remote sensing observations, information from the Global Land Data Assimilation System (GLDAS), as well as field data to determine how regional water resources are changing over time and to identify the factors that influence these resources. The sharp decline in Total Water Storage Anomalies (TWSA) and the Groundwater Storage Anomalies (GWSA) across all three systems is caused by a combination of climatic and human factors. The observed decline in Total Water Storage can be partly attributed to a decrease in regional rainfall, whereas the depletion of Groundwater Storage has a strong correlation with the rise in groundwater extraction for irrigation purposes in the 2010s. The recent rise is groundwater depletion in specific areas of central Saudi Arabia may be attributed to agricultural irrigation and rapid urban development. The results are insightful for monitoring water storage in management plans and decision-making processes to preserve and efficiently use groundwater resources.