Performance Indicators Of Companies Research Articles

The relationship of tax instruments and performance indicators of companies to ensure the environmental component of sustainable development in Russia

The article lists the categories that can be considered as taxation instruments. It is proposed to regard tax burden as the main instrument of tax policy for realising sustainable development of the country. It is concluded that in practice the consequences of its increase and decrease can be difficult to predict. One of the reasons lies in the fact that financial decisions of companies are influenced not so much by the size of the tax burden as by the change in profitability provoked by it. The comparison of the tax burden and profitability indicators for all sectors of the Russian economy has been conducted. The correlation of the profitability (profitability of goods sold and profitability of assets) and the tax burden indicators by industries of the Russian economy has been calculated. The results are ambiguous: it is concluded that there is no connection between the environmental friendliness of the type of activity and the interdependence between the industry indicators of the tax burden and profitability. It has been found that not only the tax burden, but also the level of profitability are differentiated by industry. The classification of economic activities by the degree of environmental friendliness is proposed: directly affecting the environment, associated with the impact on it, associated with indicators of environmental safety, activities that have no direct connection with the environment.

Stock exchange operations in an anti-crisis management system of the enterprise

Today, in the process of building an effective system of anti-crisis management of the enterprise, more attention should be paid to such less common, but highly effective tools as stock transactions. Anti-crisis management is a certain set of strategic measures and tactical actions aimed at identifying, preventing and overcoming crisis phenomena in the company's activities, as well as impulses that potentially threaten the development of crisis phenomena in the future. The main directions of action are the following: development of the general anti-crisis strategy of the enterprise, ensuring the financial stability of the enterprise, implementation of the risk management system, restructuring of the enterprise and its business processes, personnel and communications management, increasing the efficiency of the marketing system, etc. Speaking about the place of stock exchange operations in the system of anti-crisis management of the enterprise, it should be noted that they can be considered as a tool in the middle of some of the above measures, namely optimization of business processes, improvement of the level of communications and activation of marketing. In all these aspects, the use of exchange operations can be effective. In our opinion, transactions with goods and derivative financial instruments require the main attention. Speaking about the optimization of business processes, the following advantages of cooperation with stock exchange institutions can be distinguished: guaranteed replenishment of production stocks with raw materials and materials of the required quality and quantity due to the conclusion of term exchange agreements for their supply, the forecast level of prices for raw materials and materials, which is fixed during the conclusion of exchange agreements , clearly defined conditions of supply. Access to the stock market also has a positive effect on the level of business communications, because it is the stock exchange that maximally concentrates all interested parties regarding specific types of goods, which contributes to the intensification of business activity. Exchange operations can also be considered as a highly effective tool for activating the marketing activities of the enterprise. In addition to the purchase of raw materials on the stock exchange for your activity, you can use the stock market for the sale of goods manufactured by the enterprise. In this way, the company can guarantee itself future sales in a certain forecasted price range, and accordingly, reasonable planning of the company's performance indicators, cash flows is possible, therefore, it becomes possible to manage insolvency, which is the main crisis impulse for the company.

IDENTIFYING THE INTER-RELATIONSHIPS BETWEEN THE COMPANY'S STRATEGIC SECTORS

To reveal the inter-relationships between the strategic axes of the analyzed company, we used the Balanced Scorecard Analysis (BSC)1 and the Partial Least Squares (PLS) technique. The PLS technique identifies strategic areas (or axes) by grouping performance indicators that have the highest percentage of explaining the variance within the indicator group. We linked the strategic axes with the company's performance sectors, while the PLS model illustrated the interaction between the company's strategic lines as well as the interaction between the company's performance indicators and their respective groups. We started with principal component analysis (PCA) to identify the most important activity sectors for the company (for example, axis 1 = Profitability), to which we associated between 4 and 9 relevant performance indicators and selected those that were most correlated with their respective strategic sectors. We used the PLS technique for principal component analysis to show the correlations between the company's strategic sectors. The intensity of the relationships within the company allowed us to predict potential strategic lines for improving managerial performance. The BSC enabled us to explain the relationship between corporate governance variables and company performance. Within the causal relationships, we provided a logical explanation of how the analyzed business sectors are interconnected.

FACTOR INFLUENCING STOCK PRICE OF BSE AN ANALYSIS OF COMPANY PERFORMANCE MATRICS

FACTOR INFLUENCING STOCK PRICE OF BSE AN ANALYSIS OF COMPANY PERFORMANCE MATRICS

Performance Model of Planning Consulting Companies in Green Building and Sustainable Design Planning Achievements

This study is a collaborative effort aimed at finding a performance model for a planning consulting firm for achieving green building and sustainable design planning. The method used in this research is qualitative, with SEM analysis tools to find an ideal model. The results of the study found the Planning Consulting Company's performance model in achieving sustainable and green building design planning. It was found that the first model patterned a positive relationship between the consulting company performance indicators and green building. Meanwhile, the second model shows a positive relationship between the Green Building Planning Consulting Company's performance indicators and sustainable development. The test results for the coefficient of determination (R-square) obtained from the first model are the influence of variables site management to wastewater management on the variable green building of 0.757 so that variable green building can be explained by variables site management to wastewater management of 75.7%. Other variables outside this study influence the remaining 24.3%. The coefficient of determination (R-square) obtained from the second model is the effect of the variables green building and site management to wastewater management on the variable sustainable development of 0.790, so the variable sustainable development can be explained by the variables green building and site management to wastewater management of 79%, and other variables outside of this study influence the remaining 21%. We invite you to be part of this collaborative effort and share your insights on these findings.

МАРКЕТИНГ ИННОВАЦИЙ И ПЕРСПЕКТИВЫ РАЗВИТИЯ ЕГО В УСЛОВИЯХ ЦИФРОВОЙ ЭКОНОМИКИ

During the development of the Marketing 5.0 complex, it is important to consider the fea-tures and specifics of the modern development of innovative marketing, marketing activities, marketing of innovations, which is especially important for the system of promotion of products, goods and services on the Internet. The article presents strategic directions for the development and improvement of innovation marketing at the stage of development of the digital economy. The advantages and disadvantages of using marketing tools to promote innovation at each stage of the development of the digital economy, according to the national program, are grouped during the evalua-tion of the results of marketing research. In the course of scientific research, a scientific novelty has been formulated, which consists in the formation of groups of digital and innovative technologies and tools for the development of marketing activ-ities that are used in modern practice of ecosystem development. The main hypothesis of the scientific research has been formed and proves that innovation market-ing is developing rapidly and the use of innovative tools and technologies transforms marketing activities and forms a new paradigm, improving business processes under the influence of ecosystem formation, which also affects marketing activities. Modern innovative marketing tools are presented, which are aimed at improving the efficiency of all stages of the business process, increasing the resulting performance indicators of companies.

Analisis Pengaruh Return On Equity Dan Net Profit Margin Terhadap Return Saham

The profitability ratio is used as a benchmark in determining stock returns, because the profitability ratio is a ratio that measures how efficiently a company uses its assets and manages its operations. The higher the profit generated, the higher the stock return that investors will get. Included in this ratio are ROE (Return on Equity) and NPM (Net Profit Margin). The design of this research is a Literature Review or literature review. ROE is often referred to as profitability of own capital. This amount is obtained by dividing net profit after tax by total capital. A high ROE number shows the industry's ability to generate profits for shareholders. On the other hand, a high level of profitability will cause less external funds to be used. Companies with high profitability will have large internal funds. An increase in ROE increases the company's sales value, which has an impact on share prices. These two factors have a positive influence on stock returns, which means companies with high ROE and net profit margin tend to have higher stock returns. Therefore, investors can consider ROE and net profit margin as indicators of company performance that can influence stock returns when choosing investments.

The Effect of Customer Service Support on Brand Value: Leveraging Customer Service as a Co-Creator of Brand Value to Enhance Corporate Performance. Evidence from FinTech industry

The financial technology (fintech) industry has disrupted traditional financial services by providing new and innovative ways for consumers to access banking and investment products (Kshetri, 2018). With the increasing number of fintech companies in the market, competition has become intense, leading companies to differentiate themselves to attract and retain clients (Nair et al., 2021). One way to create brand value is through exceptional customer experience, with customer support service being a critical factor in its creation (Nair et al., 2021; Vuorinen, Uusitalo, & Vos, 2012). Despite its importance, the impact of customer support service on consumer behavior and company performance is not well-understood (Gulfraz et al., 2022). To address this research gap, this paper aims to investigate the impact of customer support service on consumer behavior and company performance in the fintech industry. Specifically, the study analyzes the potential of customer support service as a co-creator of brand value and its influence on company performance indicators. Keywords: Brand value, Brand value co-creation, Fintech industry, Company's operational performance, Customer support services

Environmental, Social, and Governance (ESG) Scores and Financial Performance of Publicly Listed Companies in Turkey

In this paper, the question of whether the efforts of businesses on environmental, social and corporate governance (ESG) investments are also reflected in their financial performance is tried to be answered. In this context, the effects of ESG scores of non-financial firms between 2009-2019 on market-based and accounting-based performance indicators were examined. According to the findings, ESG scores positively affect the performance indicators of companies. According to the results of the additional analyzes using the sub-components of the ESG, it was found that while all three components of the environmental dimension affect performance positively, some sub-components related to the social and corporate governance dimensions are not statistically related to performance.

Performance of cross-border acquirers from India and China: its sustainability in the long-run?

PurposeEmerging market multinational companies have been vigorous in pursuing inorganic growth through cross-border acquisitions (CBAs). The fundamental studies till now have portrayed that rapid internationalization through CBAs tends to create value for these emerging market firms (EMFs) in the short term. However, there is an ambiguity about whether these firms endure better performance in the long term. The purpose of this study is to assess the long-term (ex-post) financial and operating performance of EMFs involved in overseas acquisitions before the COVID-19 pandemic hit the world economy.Design/methodology/approachCBAs completed by Indian and Chinese companies constitute the sample of the study. The performance has been analysed during the pre-COVID period spanning 17 years from 2001 to 2017. A comprehensive set of 14 financial ratios has been used to represent change (improvement/decline) in enterprises’ post-acquisition operating performance; these ratios have been divided into four broad groups: profitability, efficiency, solvency and liquidity ratios.FindingsThe performance of Indian companies has deteriorated significantly after the acquisition. However, there has been no change (deterioration/improvement), subsequent to CBAs, in the profitability of Chinese firms.Practical implicationsThe findings of the study support that firms from emerging economies exploit CBAs as a “springboard” to obtain strategic assets including intangible resources and brands rather than to achieve synergies through economies of scale and scope. Apparently, outbound acquisitions by emerging economy firms are not driven by cost-reduction or revenue-generation activities.Originality/valueNone of the studies, to the best knowledge of the authors, has carried out performance analysis using a comprehensive set of financial ratios. The comparative study of two emerging economies is another valuable addition to the existing literature. The study holds the potential to serve as the benchmark to assess the performance of CBAs executed after COVID-19.

THE EFFECT OF CORPORATE SOCIAL RESPONSIBILITY, MANAGERIAL OWNERSHIP AND INTELLECTUAL CAPITAL ON COMPANY VALUE WITH COMPANY PERFORMANCE AS A MEDIATION VARIABLE

Company performance in this study use as the mediating variable to examine how managerial ownership, intellectual capital, and companyperformance affect firm value. 47 mining businesses listed on the IDX between 2017--2021 constitute the study population using a sample selection method called purposive sampling. 36 mining companies were sampled for this study. This study used simple regression as a data analysis method using SPSS ver.26 software. Intellectual capital isn’ta factor that affects the company value. There is no difference that affects company value in company performance. Managerial ownership variables significantly and profitably influence business performance. Through the use of corporate performance variables, corporate social responsibility and corporate values can be linked. Company performance indicators can act as mediators between managerial ownership and firm value. Variables related to business performance cannot act as mediators in the relationship between intellectual capital and firm value.

Water sector resilience in the United Kingdom and Ireland: The COVID-19 challenge.

The outbreak of COVID-19 led to restrictions on movements and activities, which presented a serious challenge to the resilience of the water sector. It is essential to understand how successfully water companies responded to this unprecedented event so effective plans can be built for future disruptive events. This study aimed to evaluate how the water sectors in the UK and Ireland were affected from a holistic sustainability and resilience-based perspective. Using pre-COVID data for 18 indicators of company performance and comparing them to the first year of the pandemic, the direction and magnitudes of change varied across companies. Financial indicators were significantly negatively affected, with interest cover ratio, post-tax return on regulated equity, and operating profit, exhibiting the greatest average declines of 21%, 21%, and 18%, respectively, a trend that would be dangerous to provisions and company operations if continued. Despite this, service and environmental indicators improved during the first year of the pandemic, exemplified by unplanned outage, risk of sewer storm flooding, and water quality compliance risk decreasing by a mean average of 37%, 32%, and 27%, respectively. Analysis using the Hicks-Moorsteen Productivity Index concluded that average productivity increased by 35%. The results suggest that the water sector was relatively resilient to the COVID-19 pandemic in terms of services, but adverse effects may have manifested in a deteriorated financial position that could exacerbate future challenges arising from exogenous pressures such as climate change. Specific advice for the UK water sector is to scrutinize non-critical spending, such as shareholder payments, during periods of economic downturn to ensure essential capital projects can be carried out. Although results are temporal and indicator selection sensitive, we recommend that policy, regulation, and corporate culture embrace frameworks that support long-term resilience to since the relative success in response to COVID-19 does not guarantee future success against differing challenges. This study generates a timely yet tentative insight into the diverse performance of the water sector during the pandemic, pertinent to the water industry, regulators, academia, and the public.

Поддержка бизнеса в условиях цифровой трансформации

In Industry 4.0 the key factor for business success on the one hand is innovation, and on the other hand efficiency. The article is devoted to a new trend – business support in the context of digital transformation as an actual form of business development in the context of digitalization. The subject area of the research is the improvement of the company’s business processes based on the support of business and entrepreneurial activity to a more advanced, modern “digital” level. The research aims to substantiate the importance of the formation of business support in the company by improving cross-functional interaction and the development of modern business models of entrepreneurial activity. In the study, the authors examined the feasibility and necessity of digital business transformation; presented a practical justification for the importance of a business support system in the context of digital transformation; analyzed and identified the strategic importance of a business support system for the development of entrepreneurship in general. The results of the study are of practical importance. The authors determined the importance of business support through the external and internal environment; conducted a content analysis of the concepts of “business digitalization”, “cross-functional interaction”, “digital transformation”, “business support” and “digital tools”, determined their characteristics. The authors formulated and argued the importance of the use of digital technologies and the development of digital solutions in the context of digital transformation, in the possibility of using a model of a real business solution in the educational process, in business, startup. The authors argue that business support in the conditions of digitalization is extremely necessary for its maintenance, retention of competitive advantages. The types and types of business support, the dynamics of digitalization of companies are summarized. The readiness of companies to use digital tools has been studied, the goals and objectives of support within the business have been defined, key performance indicators of companies and the use of digital tools for effective business support have been identified.

Features of capital investment in innovation: The case of industrial SMEs in the GUAM countries

The article aimed to empirically substantiate the features of capital investment in innovation depending on financial stability for Industrial SMEs in the GUAM Organization for Democracy and Economic Development, which consists of four post-Soviet states: Georgia, Ukraine, Azerbaijan, and Moldova. We differentiated the levels of financial stability of industrial SMEs in the region: high, medium, and low. We have determined the positive effect of capital investments in innovation at all levels of financial stability using regression modeling. Regardless of financial strength and capital intensity, investing in innovation provides higher performance indicators for companies than investing in the renewal of fixed assets without modernization. The increase in the efficiency of capital investments in SMEs is more significant for financially stable and less capital-intensive companies than for companies with low financial stability and high capital intensity. Identifying the features of the relationship between the financial stability of SMEs and capital investment will allow the development of effective strategies for economic collaboration within the framework of the GUAM Organization.

Pengaruh Corporate Governance terhadap Nilai Perusahaan (Tobins 'Q) pada Perusahaan Manufaktur yang Listing di Bursa Efek Indonesia

One of the company's performance indicators is Tobins'Q, therefore it is important for the company to manage it effectively and efficiently. Tobins'Q can be influenced by both internal and external factors of the company. The purpose of this study is to investigate the effect of the corporate governance structure as proxied by institutional ownership, independent commissioners, and the number of commissioners on firm value (Tobin's Q). The method used is descriptive and verification method, using multiple panel data regression analysis tools with eviews 10 program, the results of the study prove that institutional ownership, independent commissioners and the number of members of the board of commissioners significantly affect Tobin's Q. However, for the variable number of board of commissioners an anomaly occurs. where the results contradict the hypothesis.

Corporate governance and performance of Indian companies: the effect of board size and ownership structure

Corporate governance and performance of Indian companies: the effect of board size and ownership structure

Corporate governance and performance of Indian companies: the effect of board size and ownership structure

Corporate governance and performance of Indian companies: the effect of board size and ownership structure

The Effect of Tax Minimization and Leverage on Transfer Pricing Decisions With GCG as Moderation

Profit is the main orientation for every business entity because profit is one of the company's performance indicators in order to maintain its sustainability, therefore various strategies are designed and implemented so that the company continues to exist and is able to compete along with increasingly competitive and massive developments. Transfer pricing is a strategy that is oftenimplemented by companies in order to manage resources while achieving profit optimization and as a strategy is certainly influenced by several determinants including Tax minimization, leverage and Good Corporate Governance. This study intends to examine the effect of tax minimization and leverage through the interaction of Good Corporate Governance which is proxied by the number of audit committees with educational backgrounds and accounting experience. The population used are all entities in the industrial sector listed on the Indonesia Stock Exchange, using purposive sampling obtained from 17 selected companies with the observation period 2019 –2021 so that a total sample data of 51 is obtained. Moderating Regression Analysis (MRA) is used as a technique to examine the relationship between variables. The test results show that partially Tax minimization, leverage, and Good Corporate Governance have a significant effect on transfer pricing. The test results also show that GCG is able to moderate both tax minimization and leverage on transfer pricing

A conceptual framework for a value‐based sustainability balanced scorecard

AbstractSustainability balanced scorecard (SBSC) is a management system that can translate strategy into the company's operations. However, based on previous research, a gap states that using SBSC gives birth to many performance indicators. Therefore, we need a framework that can formulate performance indicators to be more proportional to using company resources. For this reason, this research proposes a value framework adopted from six business process values. These six values ​​are efficiency, quality, agility, integration, compliance, and networking. This study aims to prove that these six values ​​can be used as SBSC values. So that will be obtained A Conceptual Framework for a Value‐Based Sustainability Balanced Scorecard. The methodology explored three state‐owned plantation enterprise in Indonesia and analyzed data using qualitative research coding. The result shows that there are 11 criteria for efficiency, 11 for quality, seven for agility, 12 for compliance, eight for integration, and nine for networking. These criteria have a 100% validation level where the value criteria are found in each company. The performance indicator criteria have been assessed based on the level of relevance test from managers who say that it is almost 100% important and very important. The criteria that have been grouped against these values ​​have proven that the six values ​​can be used to direct managers in formulating company performance indicators so that the established performance indicators are expected to allocate resources proportionally.

Non-linear relationship between board size and performance of Indian companies

Non-linear relationship between board size and performance of Indian companies