Modern Corporation Research Articles

Approach to ESG Risk Assessment of Construction Companies Considering Financial Data

In modern conditions, environmental, social and corporate responsibility (ESG) factors are becoming increasingly important in assessing the sustainability and financial performance of companies, especially in resource-intensive industries such as construction. The purpose of this study is to develop and apply a comprehensive methodology for assessing ESG risks of construction companies taking into account financial indicators. Due to the limited availability of ESG data of Russian construction firms, the methodology was tested on hypothetical companies X, Y and Z, which allowed to demonstrate the assessment process and identify the potential of the methodology for practical application. The study collected and normalized data on environmental, social and governance factors, as well as financial indicators, using weighting factors to reflect the relative importance of each indicator. The results showed significant differences between companies, identifying areas for improvement and providing customized recommendations to improve their ESG performance and financial sustainability. The methodology proved to be effective even with limited data availability, offering a valuable tool for companies and investors to assess and improve ESG practices in the construction sector

Exploring Business Morals in the Cutting-Edge Corporate World

In the modern corporate world, business ethics has become a critical factor influencing the sustainability and success of organizations. With the rise of globalization, technological advancements, and increasing demands for corporate accountability, companies face complex ethical challenges that require strategic navigation. This article explores the growing importance of business ethics, focusing on key challenges such as globalization, data privacy, diversity, and profit pressures. It further outlines the role of leadership, corporate social responsibility (CSR), and transparency in maintaining ethical standards. Through case studies and real-world examples, the article provides a framework for how businesses can navigate ethical dilemmas, balance profitability with social responsibility, and foster long-term trust with stakeholders. Keywords : Corporate Ethics, Sustainability, Social Responsibility, Transparency, Stakeholder Engagement, Corporate Governance, Ethical Leadership, Fair Trade, Diversity and Inclusion, Data Privacy, Artificial Intelligence Ethics, Consumer Protection, Environmental Stewardship, Profit vs. Purpose, Whistle blower Protections, Corporate Accountability, Supply Chain Ethics, Workplace Culture, Innovation Ethics, Regulatory Compliance

The Impact of Corporate Social Responsibility on Corporate Reputation

This research paper explores the profound impact of Corporate Social Responsibility (CSR) on corporate reputation, focusing on the mechanisms through which CSR initiatives enhance or protect a company’s public image. By analyzing key theoretical frameworks such as stakeholder theory, social contract theory, and legitimacy theory, the paper examines how businesses strategically use CSR to manage reputational risks, improve brand trust, and foster positive public perception. Case studies of companies with successful CSR strategies highlight the benefits in financial performance, consumer loyalty, and crisis resilience. The challenges of managing CSR in a digital age, where transparency and scrutiny are heightened, are also discussed. The paper concludes with recommendations for balancing ethical responsibility with business objectives, stressing the importance of integrating CSR into core business strategies to build long-term reputational capital and sustainable growth. This research underscores CSR as a critical tool in modern corporate reputation management in both local and global contexts.

Exploration on the Change and Development Trend of Corporate Culture Management in the New Era

The management reform of modern companies shares both common and unique characteristics. Changes in corporate culture management are closely tied to broader trends, with the unique changes characterized by diversification. Corporate culture management reforms in Japan, the United States, Europe, China, and other countries are influenced by their unique cultural heritage and changes. The reform of corporate culture management in various countries and regions in the world today has the following common characteristics: First, they have moved beyond emotional management and entered a stage of rational system management, gradually improving over time. Second, corporate culture management has been elevated to the highest level of corporate management, making it central to business activities. From the perspective that can be seen at present, in the global scope, corporate culture management in various countries and regions shows three development trends: firstly, the increasingly strong modern market concept; The second is to introduce values assessment and deeply embed it into corporate culture; And third, the introduction of artificial intelligence into modern corporate culture management.

ESG Performance and Enterprise Competitive Advantage Construction: A Case Study of Walmart

This essay opens with an in-depth discussion of the growing importance of ESG concepts in modern corporate management and highlights their significant role in promoting long-term corporate value creation. With the increasing global focus on sustainability, ESG concepts have become an integral part of corporate strategic planning and operational decision-making. Next, this article selects the global retail giant Walmart as a case study and uses SWOT analysis and other management tools to analyse in detail how Walmart has effectively constructed and consolidated its competitive advantages in the highly competitive market through the implementation of an active ESG strategy. The article specifically describes Walmart's practices on several ESG dimensions, including but not limited to the implementation of environmental protection measures, active support to the community, the enhancement of employee welfare, and the optimisation of corporate governance structure. In terms of environmental protection, Walmart has significantly reduced the environmental impact of its operations through measures such as reducing carbon emissions, improving energy efficiency and promoting sustainable products. In terms of community support, the company has strengthened its ties with local communities and enhanced its brand image through various community programmes and charitable activities. Employee well-being has been achieved through improved working conditions and career development opportunities, which have not only increased employee satisfaction but also enhanced the company's attractiveness. The article concludes by summarising the important contribution of Walmart's ESG practices to the company's sustainability and long-term competitive advantage and suggests possible future strategic directions and recommendations for Walmart in ESG based on current market trends and company performance. These recommendations are intended to provide valuable references and insights for Walmart and other companies in their future strategic planning and decision-making processes, especially in terms of how to balance economic efficiency and social responsibility to achieve long-term sustainable development. However, due to the limitation of data and the depth of research on Walmart ESG, the article still has limitations.

Analysis of Factor Affecting Employee Satisfaction in Modern Corporate Sector for Employee Retention

Data Type: Primary data collected via structured questionnaire. Survey Factors: Work environment, compensation, career growth, leadership, recognition, and work-life balance. Methodology: Descriptive research with a sample size of 100 respondents. Objective: To identify key factors that influence employee satisfaction and its impact on retention in the modern corporate sector. Data Collection Tool: Google Forms administered survey. Focus: Investigating how satisfaction drivers affect employee retention strategies in modern organizations

The Focus and Evolution of Corporate Social Responsibility in the United Arab Emirates

Through in-depth interviews with public- and private-sector decision-makers, this qualitative study investigated modern corporate social responsibility (CSR) and its future path in the United Arab Emirates (UAE). Quality education, health and well-being, environment, community development, circular economy, alignment with national priorities, consumer protection and public-private partnerships were discovered as core CSR priorities. Participants identified economic diversification, rebranding, increased environmental stability, strengthened corporate citizenship, improved regulation, and widespread differentiation as future focuses in the evolution of CSR in the UAE. The current and future emphasis of CSR is propelled by the UAE’s sustainable development objectives and human capital strategy. Transparent regulations, robust environmental, social, and governance (ESG) standards, and innovative strategies can distinguish responsible companies apart in the UAE. Nevertheless, it is expected that CSR will be further integrated into key business activities, aligning with evolving national economic visions, collaboration between sectors, and orientation towards a long-term impact on society. In deed the reputations of companies are enhanced through rigorous adherence to ESG standards, transparency regulations, and innovative approaches. Hence, there has been a strategic shift towards environmental sustainability, stakeholder capitalism, and robust regulation, shaping a highly competitive, impact-focused CSR environment in the UAE, consistent with economic diversification plans.

Data analytics for visualization of business insights for an online retail store using Python

In today’s world, data is becoming an organization's most important asset. Businesses have easy access to large amounts of data from a range of sources, and when those data are processed quickly and reliably, the chances of obtaining useful insights to inform data-driven decision-making are significantly increased. Modern corporate strategy must include data analytics because it offers critical insights that improve operational efficiency and decision-making. Using data analytics to visualize company insights can significantly improve a number of areas for an online retail store, including marketing strategy, customer experience, inventory management, and sales. This paper aims a thorough examination at the main areas, methods, and approaches that may be used to delve into business insights using data analytics, as well as the advantages it has for online retailers using a sample online retail dataset.. Keywords: Data Analytics, Data Visualization, Inventory, Sales Analysis, Descriptive Analytics.

“Built on the Money”: The Financialization of Capitalism and the Sense of History in Josie Rourke’s Stage Production of Shaw’s Saint Joan

ABSTRACT In a bold move, Josie Rourke reimagined Bernard Shaw’s Saint Joan for the 2016 audience at the Donmar Warehouse, setting it against the backdrop of today’s financial world. She transported Joan from the medieval battlefield to a modern corporate boardroom, turning historical drama into a commentary on financialization. Through this lens, Rourke’s production responds with Shaw’s paradoxical sense of history, characterized by a skepticism toward short-term trends, yet with an underlying optimism for long-term human progress driven by imagination. By examining egg futures and stock markets, this article adopts an interdisciplinary approach to position theatrical work within the realm of economics, an endeavor that may offer a literary framework of humanity when contemplating our current economic landscape.

Historical and legal aspects of corporate governance in LLCs according to the legislation of Poland and Ukraine

The article provides a detailed examination of the evolution of corporate governance in Ukraine and Poland, focusing on the development of legislation in both countries. The author analyzes the historical development of corporate structures, tracing their evolution from antiquity and the Middle Ages to the present day, highlighting key stages and changes in legal norms regulating corporate governance in Poland and Ukraine. The article begins with a review of early forms of corporate structures in ancient civilizations and tracks their development through significant historical periods in Europe. The stages of corporate governance development in Poland and Ukraine during the 19th and 20th centuries are separately examined. In Ukraine, the formation of corporate governance was constrained by the legal norms of the Russian Empire, and only with the transition to a market economy in the 1990s a significant development of corporate forms was noticed, particularly it concerned limited liability companies (LLCs). In contrast, Poland’s development of corporate law was marked by intense changes, especially after the fall of the communist regime and accession to the European Union, which facilitated the eligibility of Polish corporate law according to European standards. The author provides a detailed analysis of the key stages of legal changes in both countries, including the codification of corporate law, adaptation to European norms, and the challenges encountered at each stage. The article also explores the impact of economic and political changes on the development of corporate governance in both countries, emphasizing that although the initial stages of corporate governance development in Ukraine and Poland were somehow similar due to geographical and historical closeness, their further development differed significantly. Poland went through stages of intensive reforming and EU integration, which substantially influenced the modernization of its corporate law. Meanwhile, significant changes in corporate governance in Ukraine began only in the 1990s and continue to modern days, facing certain challenges and obstacles on the way to full integration into European legal standards. The article reveals both common and different features of the evolution of corporate law in these countries. The findings provide a deeper understanding of the impact of historical and political factors on the formation of modern corporate practices and norms in both countries. The author concludes that despite the fact that both countries started moving into corporate governance from similar foundations, their subsequent development was significantly different because of the influence of both internal and external reasons. Poland has managed to successfully adapt its legislation according to European standards, while Ukraine is still in the process of transformation. This highlights the necessity for continued reforms in Ukraine, particularly for integration into the European legal space, which is critical for ensuring the stability and transparency of corporate governance in the country.

Modeling the significance of corporate social responsibility on green capabilities and sustainability performance

This study examines the complex interplay among corporate social responsibility (CSR), green dynamic capabilities, green innovation capabilities, and organizations' economic, environmental, and social performance in the current era of innovation and sustainability. The proposed framework was tested using data from 634 medium- and large-sized Chinese manufacturing firms. Partial least squares structural equation modeling was employed to analyze the data. The findings demonstrate that CSR to external and internal stakeholders positively influences green dynamic capabilities. Meanwhile, CSR to external stakeholders and green dynamic capabilities are positively associated with green innovation capabilities, subsequently influencing the economic, environmental, and social performance of manufacturing firms. Moreover, the results reveal the mediating effect of green dynamic capabilities on the association between CSR and green innovation capabilities. Green innovation capabilities also mediate the association between CSR to external stakeholders and green dynamic capabilities on manufacturing organizations’ economic, environmental, and social performance. This study offers a novel exploration of the intricate interplay among CSR, green dynamic capabilities, green innovation capabilities, and organizational performance within manufacturing organizations. These findings provide valuable insights for managers and offer opportunities for further research that will ultimately contribute to a deeper understanding of the roles of sustainability and innovation in modern corporations.

The Relationship between Quality Control and Corporate Brand Strategy in Operations Management

In today's competitive business environment, quality control and brand strategy are critical factors for corporate success. This paper aims to explore the close relationship between quality control and corporate brand strategy in operational management. Initially, the paper defines quality control and brand strategy and analyzes their importance in modern corporate operations. Subsequently, it elaborates on the role of quality control in enhancing product and service quality, as well as customer satisfaction, and the central position of brand strategy in shaping corporate image, accumulating brand equity, and competing in the market. Through case analysis, the paper reveals how quality control supports the implementation of brand strategy and how brand strategy influences the decision-making and execution of quality control. Finally, the paper discusses the challenges faced by companies in implementing quality control and brand strategy and proposes corresponding countermeasures. The findings of this study emphasize the importance of the synergistic development of quality control and brand strategy and provide guidance and recommendations for corporate practice.

Determining the materiality for auditing procedures in relation to integrated reporting

Subject. This article examines the problem of fragmentation of the methodology for auditing (certifying) non-financial reporting, namely, determining the materiality for auditing procedures in relation to integrated reporting. Objectives. The article aims to analyze and work out the existing methodological approach to determining materiality for auditing procedures in relation to integrated reporting, taking into account the features of modern corporate reporting and the requirements of international standards. Methods. For the study, I used logical analysis and synthesis. Results. The article proposes a systems approach to the implementation of audit procedures in terms of unifying the process of determining materiality in the context of the changing paradigm of corporate reporting. Conclusions. When determining materiality as part of audit procedures in relation to integrated reporting, the article recommends adhering to the principle of quantification of double materiality in relation to the financial materiality of the business process decomposed by the cost item.

Early knowledge but delays in climate actions: An ecocide case against both transnational oil corporations and national governments

Recent articles have demonstrated the knowledge and accuracy of oil corporations’ predictions made since the 1950s on the effects of their products on the global environment. But can the early relationship between oil corporations and national governments and lack of climate actions by both actors count as ecocide? If so, should remedial strategies appeal to freer markets for oil or greater state regulation? Cast within the wide context of investigating the collusion at play between powerful political-economic actors and decision-makers as monopolists and debates about ‘the modern corporation and private property’ (Berle and Means, 1932/2017), ‘the new industrial state’ (Galbraith, 1967), and ‘the economic theory of regulation’ (Stigler, 1971), the paper reviews the contentious relationship between states, corporations, and markets. Specifically, the article probes strategies of oil corporations and national governments intended to delay the inclusion of environmental concerns in policies and avoid accountability. Our method of content analysis of articles, reports, and international declarations of different actors and periods relies on a qualitative methodology and ontology of critical realism. We find that not only did oil corporations hide the truth, but also that national governments, that knew (or should have known) about the threat posed by oil industrial activities and which have wider responsibilities than corporations, did not act and are (at least) as responsible and as ‘ecocidal’ in what could be called an oil TNC-state alliance. Accordingly, we open the avenues for redressing an evolutionary shift from markets and states to commons, and embedding power within communities (Polanyi, 1945) along with a more universal right to bring a case of ecocide against both transnational oil corporations and states that collude with them.

Analysis of the Impact of Green Accounting Information Disclosure on Corporate Financial Performance

Green accounting information disclosure, as an emerging accounting practice, aims to promote corporate social responsibility by recording, reporting, and disclosing corporate actions and performance in environmental protection. This study explores the impact of green accounting information disclosure on corporate financial performance and its significance in modern corporate management. The study finds that green accounting information disclosure not only enhances a company s social image but also improves its financial performance in the long term.

The Role of Corporate Culture in The Development of Modern Enterprises

Corporate culture plays an important role in modern enterprise management. It is not only a form of internal management, but more importantly, it reflects the core values and business principles of enterprises. Good corporate culture can have a positive impact on enterprise management and development, and enterprise managers should attach great importance to corporate culture construction. This paper explores and analyzes the role of modern corporate culture in enterprise management and operation through cases, and tries to put forward the path of corporate culture inheritance.

Elucidation of Dividend Payout Determinants on Manufacturing Companies: A Systematic Review

Controversy issues in dividend policy have not been solved so far in modern corporate finance. Dividend payout is a puzzle in the contemporary financing system, as it was a traditional puzzle. Besides, conflict of interest between shareholders and managers of the corporation leads to a dramatic approach in the recent business environment. The main objective of this review was to identify and elucidate dividend payout determinants in manufacturing companies. Manufacturing is an industry that often uses manual labour or machinery to create goods from raw materials. Manufacturing industries include metal, automotive, electronics, textile, chemical, food and beverage, and so on sectors. This review carried out from 2004 to 2022 published studies in indexed journals. The review has assessed 62 journals with different databases through a vigilant review process concretely. The journals have been selected and systematically elucidated as relevant to the subject matter. The review depicts that dividend payout determinants differ from company to company. This shows that the dividend issue is still a puzzle in contemporary corporate finance.

Institutional Investors and Corporate Social Responsibility (CSR): A Comprehensive Review of Theoretical Frameworks and Empirical Insights

In the evolving discourse of Corporate Social Responsibility (CSR), the role of institutional investors stands out as a pivotal area of exploration. This work delves deep into the intricate interplay between these investors and CSR, emphasizing its significance in the modern corporate landscape. Drawing upon the Institutional, Legitimacy, Agency, and Resource-Based View theories, this paper elucidates how societal norms, alignment with societal expectations, and strategic asset perspectives shape corporate behavior toward CSR. In this work, we highlight the diverse strategies and objectives of institutional investors, such as pension funds and hedge funds, and their profound influence on the CSR landscape. Our findings underscore that these investors not only steer corporations toward sustainable actions but also redefine the very essence of corporate responsibility. The conclusions drawn emphasize the need for synergistic regulations and incentives, aligning with the CSR objectives of these influential stakeholders. Furthermore, the significance of this study lies in its potential to guide future research, especially in understanding the nuanced roles of different investor types and their global implications. In summation, this paper offers a comprehensive insight into the institutional investor-CSR dynamic, spotlighting its profound responsibility and potential in shaping the future of corporate sustainability.

The position of state-owned enterprises: Towards a health sector super holding company paradigm

Purpose: In Indonesia, the State-Owned Enterprises holding in the healthcare sector operates under the mandate of Article 33 of the 1945 Constitution, consisting of two main holding companies: PT. Bio Farma (Persero), which includes PT Kimia Farma, PT Indofarma, and PT Inuki, as well as Pertamedika IHC that manages SOE hospitals nationwide. The overlap in business activities between PT. Bio Farma and Pertamedika IHC suggests the potential for establishing a super healthcare holding. Method: This research, conducted normatively, evaluates the principles and legal norms for creating such a super holding, referencing the legislative framework and Constitutional Court decisions. Result: The proposed super holding would adopt a modern corporate structure led by a Chief Executive Officer, akin to Temasek in Singapore or Khazanah in Malaysia. The establishment of a super healthcare holding company involves PT. Bio Farma with its 410 healthcare clinics and Pertamedika IHC as the parent holding of SOE hospitals, which manages 75 hospitals and 143 healthcare clinics throughout Indonesia. Conclusion: However, legal challenges, including the state's financial status and the legal relationships between parent and subsidiary companies, necessitate amendments to Law No. 19 of 2003 on SOEs to provide a stronger legal foundation for the formation of the super holding.

Optimization of travel requests with process simulation analysis

Efficient travel request management is crucial in the modern corporate landscape, impacting decision-making, budget control, and overall operational efficiency. This study delves into the intricacies of the travel request management process with process mining and process simulation, aiming to assess the cost structure and efficiency. Three research questions were examined and tested statistically. Using a comprehensive dataset encompassing timestamps, personnel roles, and cost details, the research uncovers significant insights. The findings reveal substantial cost variations across different stages of the travel request process. Role-based analysis highlights variations in costs and processing times associated with distinct personnel roles. Additionally, delays, bottlenecks, and process variability emerge as key contributors to elevated process costs. Furthermore, process mining and simulation were instrumental in quantifying the impact of process optimizations. The simulations demonstrated that a 20% reduction in response times for Unit Leaders, a 40% reduction for Project Managers, and a 30% reduction for both roles collectively yielded the most significant cost savings. On average, a 0.45% cost improvement was observed for each percentage reduction in response times, reinforcing the importance of efficiency enhancements. These numerical results not only validate the critical role of response time reduction in cost control but also provide actionable insights for organizations to streamline their travel request management processes, improve budget allocation, and enhance operational efficiency in the corporate landscape.