Public Corporations Research Articles

Fostering strategic function of public relations corporate - communication in corporate culture practices

Background: Public relations and Culture are intertwined. Societal and corporate Culture influences public relations practices. Conversely, the existence of public relations influences organizational cultural practices and societal Culture. Regrettably, the human resource department has a more dominant role in corporate culture practices than the public relations department. It is mainly related to internalizing organizational values, while the public relations department supports the internalization program through internal corporate communication channels. Purpose: This paper examines public relations function in corporate culture practices based on stories and opinions from Indonesian communication practitioners. It focuses on three main research questions, first how and what the impacts of the existence of public relations – corporate communication to the development of corporate Culture; Second, what the functions of public relations are – corporate communication to support the building and changing corporate Culture; and third what factors influence the strategic function of public relations - corporate communication in corporate culture practice. Methods: This study employs qualitative methods through semi-structured interviews with public relations/corporate communication professionals working at different corporations and organizations. Results: Based on thematic analysis, the empirical findings revealed that cascading organizational values is still part of the human resource department’s primary job, while corporate communication is essential to echoing the key message. Determining the appropriate communication channels and corporate language is critical to ease misunderstandings amongst corporate members. Finally, the digital business environment frequently invites hostile situations, and therefore strong leadership and agile organization can preserve business sustainability. Conclusion: The influence of public relations is essential to orchestrate various internal communication channels. The agile organization provides ease of organizational bureaucracy in corporate culture practices. Implications: This initial finding contributes to the field of public relations – corporate communication to provide a balanced perspective from Indonesian practitioners.

Sustainability accounting for greenhouse gas emissions measurement using the GREET LCA model: practical review of automotive ESG reporting

AbstractThe production and personal use of passenger vehicles contribute significantly to greenhouse gas (GHG) emissions, making personal transport a major contributor. In response to increasing pressure from regulators and consumers to lower emissions, original equipment manufacturers (OEMs) have introduced alternative powertrains, such as battery electric vehicles (BEVs). To assess the economic and environmental feasibility of BEVs, OEMs conduct various life cycle assessment (LCA) approaches as part of their internal management practices. However, the public presentation of their results is often ambiguous and of unverifiable quality. This study conducts a review of sustainability impact reporting using the GREET model, which is based on the total vehicle life cycle. The paper provides a summary of the input data requirements for validating emissions from both the fuel and vehicle cycles as part of the proposed model. The availability of the model components was tested against actual public corporate environmental, social and governance reporting disclosures of the largest global automotive OEMs, indicating a deficit in the public presentation of essential sustainability information. The implications of the research suggest that LCA models could benefit sustainability accounting by incorporating proper tagging during accounting practices and taking advantage of digital accounting and reporting practices such as the extensible business reporting language (XBRL). By further developing the model, sustainability reporting can benefit from its structure and workflow, thus ensuring improved information validity for stakeholders. Graphical abstract

Distant lending for regional small businesses using public credit guarantee schemes: Evidence from Japan

In this paper, we investigate the extent to which banks use public credit guaranteed loans for distant small business borrowers. Existing studies argue that when banks offer loans for these borrowers, the information asymmetry between them is often severe. These studies then empirically demonstrate how banks can mitigate this problem. We focus instead on the role of Japan’s public credit guarantee scheme in mitigating these same information problems, an approach unaddressed in the literature. If banks offer credit guaranteed loans, they suffer few losses from borrower default because the public credit guarantee corporations (not the small business borrowers) make payments to the banks. Therefore, banks can offer loans to informationally opaque and distant borrowers. To conduct the econometric analysis, we use semiannual bank-region-level data from Japan, which allows us to control for several unobserved fixed effects. The results reveal that credit guarantee loan size is larger and the default rate higher when banks offer credit guaranteed loans to distant borrowers. These findings suggest that banks successfully mitigate the losses of distant lending using the public credit guarantee scheme, thereby providing a valuable contribution to the small business finance literature.

Public relations and corporate image: a study of MTN and GLO Nigeria, Calabar

This study set out specifically to assess the role of public relations in corporate image, with particular focus on MTN and GLO, Calabar. The study was anchored on psychodynamic and socio-cultural theories. To achieve the objectives of the study, the researcher adopted survey method of fact finding with the questionnaire as instrument for data collection. A sample of 384 respondents for the study was determined by the Check Market Sample Calculator. Therefore, sample size of 384 respondents was drawn from the population of 375,196. While multistage sampling approach was employed in the selection of actual respondents. The study employed simple percentage frequency table in analysing responses from the questionnaire, Population T-test and Simple Linear Regression in testing the hypotheses. Linear regression is a statistical method for obtaining a formula to predict values of one variable from another where there is a casual relationship between the two variables. The method was used to test the relationship between public relations and corporate image. It was discovered that the activities of public relations have led to increase in the profit of MTN and GLO, it was also discovered amongst others that the level of corporate development of the mobile companies is significantly high. It was recommended thatpublic relations practitioners/professionals of GLO and MTN, Calabar should intensify and sustain the application of public relations strategies in achieving organizational objectives. It was also recommended that GLO and MTN telecommunication companies should periodically appraise their public relations practices at various levels of their corporate organizational operations and such appraisals should be made public so as to encourage other organizations to imbibe the public relations culture as a panacea for corporate development amongst others.

Freedom of Expression in the Internet Era

One of the most important human rights is the freedom of expression, yet in an era of the Internet’s explosive growth, the communicative character of speech has undergone significant change. The lines between legitimate and illegal forms of expression have also blurred, and if they do, they may have a huge negative impact on society, such as when hate speech is used. It is often assumed that only public authorities are responsible for governing freedom of expression, but nowadays, private companies also play a crucial role. The paper begins with a succinct explanation of freedom of expression and then analyses two typical methods used by public bodies in the US and the EU to regulate that right. After that, it presents about how private firms like Facebook and Twitter handle the right to free speech. Finally, it demonstrates that cooperation between public authority and private corporations is required to ensure freedom of speech under the objective circumstances of the rapid technological growth of private firms.

Secure Data Management Life Cycle for Government Big-Data Ecosystem: Design and Development Perspective

The rapid generation of data from various sources by the public sector, private corporations, business associations, and local communities is referred to as big data. This large and complex dataset is often regarded as the ‘new oil’ by public administrations (PAs), and data-driven approaches are employed to transform it into valuable insights that can improve governance, transparency, digital services, and public engagement. The government’s big-data ecosystem (GBDE) is a result of this initiative. Effective data management is the first step towards large-scale data analysis, which yields insights that benefit your work and your customers. However, managing big data throughout its life cycle is a daunting challenge for public agencies. Despite its widespread use, big data management is still a significant obstacle. To address this issue, this study proposes a hybrid approach to secure the data management life cycle for GBDE. Specifically, we use a combination of the ECC algorithm with AES 128 BITS encryption to ensure that the data remain confidential and secure. We identified and analyzed various data life cycle models through a systematic literature review to create a data management life cycle for data-driven governments. This approach enhances the security and privacy of data management and addresses the challenges faced by public agencies.

Another encroachment on our liberal profession-The German Federal Ministry of Health continues to stubbornly ignore the self-government

Overall, the German healthcare system is shaped by numerous players and institutions. With the state medical associations as public corporations for self-governance and the Heilberufsgesetz (German Health Professions Act), professional practice, professional representation and professional jurisdiction are regulated at the state level. The Joint Federal Committee ("Gemeinsame Bundesausschuss"), the highest decision-making body of joint self-governance in the German health care system, plays a central role. Practicing a liberal profession is intended to guarantee an undisturbed physician-patient relationship. Neither in hospitals nor in outpatient care can medical care be separated from economic constraints, but the fundamental binding of medical care to pure service catalogs leads to mismanagement. The goal of the hospital reform proposals currently being developed by the German Federal Ministry of Health is to avoid unnecessary hospital closures and to ensure high-quality care throughout the country, even in rural regions. In the age of strict separation of outpatient and inpatient care, the diagnosis-related group (DRG) system has primarily led to services migrating to the inpatient sector. It may no longer be possible to offer all continuing education courses at all continuing education centers following a reform of the care structure.

Public environmental attention, media coverage, and corporate green innovation: evidence from heavily polluting industries in China.

Against the background of building a multi-environmental co-governance system, it is of great importance to systematically explore how public environmental attention (PEA) affects corporate green innovation (GI). Based on thepanel data of Chinese A-share listed enterprises of heavily polluting industries from 2013 to 2020, this paper empirically explores the role of PEA in GI and examines the moderating impacts of media visibility and media favorability. The results indicate that the higher degree of public environmental attention, the more corporate green innovation. After adopting alternative explained variable, instrumental variable analysis and other methods, this conclusion still remains robust. This study also finds that both media visibility (MV) and media favorability (MF) generate significantly positive moderating impacts on the relationship betweenPEA and GI. Moreover, threshold model tests show that with the increase of MV, the promoting effect of PEA on GI is significantly enhanced, while there exists no threshold for MF. Furthermore, the heterogeneity analysis indicates that PEA mainly prompts symbolic green innovation of enterprises, and the PEA-GI relationship is more obvious in non-state-owned companies and regions with higher marketization process.

Towards Achieving Electronic Human Resource Management: Challenges Facing Public Enterprises in Adopting Technology

This study examined the challenges that are faced by South African public enterprises in implementing digitalization in the Human Resource Management (HRM) department. A qualitative research approach was used with data obtained using structured interviews from a public enterprise, and Human Resource Practitioners were used to conduct interviews in this study. Purposive non-probability sampling was applied in engaging 15 participants in a public corporation and data was analyzed using thematic analysis. The study revealed that HRM departments do not entirely make use of technology in their operations. The inability to use technology is due to a lack of in-house digital training, and the organization’s inability to quickly swiftly respond to environmental changes due to bureaucratic structure. It was therefore recommended that public entities embark on extensive employee digital training and implementation of effective internal digital systems for organizational effectiveness.

지방출자출연기관의 기관장 성과평가제도 분석

About 300 institutions were expanded after the local public corporation law was divided into local investment-funded institutions, and major institutions were subject to restructuring starting in 2022 when the 8th public election began. However, metropolitan local governments had an agency ceo performance evaluation system, and local governments evaluated the performance of agency ceos every year to secure the responsibility of agencies and agency CEO and maintain a system for performance management. In this regard, this study analyzed the performance evaluation system of the ceos of local investment institutions, focusing on the case of metropolitan local governments, and looked at the level of institutional management of accountability and performance management by local investment institutions. As for the analysis target, the ‘Evaluation Manual of Local Invested Institutions’ and ‘Performance Evaluation by ceos of Local Invested Institutions’ of each of the three local governments of metropolitan cities and provinces were compared and analyzed. As a result of the analysis, it was found that over 70% of the agency evaluation was reflected in the agency ceo's evaluation, indicating that the agency ceo and agency's responsibility were linked. case was excluded. Through this, it was found that the contribution of local governments, the characteristics of projects, and the characteristics of institutional governance in the future financial structure of local investment institutions acted as the range of performance evaluation for institution ceos in a complex way. In terms of performance management, except for local governments that are 100% linked to institutional evaluations, autonomous goals (project goals) were set to evaluate projects for their own tasks. The evaluation results were based on performance pay, personnel measures, institutional business reorganization, and contribution adjustment criteria, and a strong feedback mechanism was established to link with responsibility. Legally, there is a means of management diagnosis, but in the case of local investment institutions, management diagnosis is not used enough, so it is analyzed that they are taking feedback measures to link institutional responsibility and performance management.

STRATEGIC MANAGEMENT OF THE MARKET CAPITALIZATION OF CORPORATE AGRARIAN ENTERPRISES BASED ON ESG-PRINCIPLES

Introduction. The strategy of managing the market capitalization of a corporate agricultural enterprise requires the use of the concept of sustainable development and corporate social responsibility, social and ethical marketing, reputation management and other mechanisms and tools focused not only on maximizing profits and market value, but also on long-term sustainable development. Methods. The following methods have been used during the study: abstract-logical and synthesis (theoretical generalizations, conclusions); generalization (determination of the principles and mechanisms of ESG influence on the market capitalization of corporate agricultural enterprises); monographic (study of the experience of implementing the principles of sustainable development and ESG concepts in the strategic management of the market capitalization of corporate agricultural enterprises); graphing (schematic presentation of individual systematized research results). Results. The basic principles and mechanisms of ESG influence on the market capitalization of corporate agricultural enterprises have been summarized. It has been shown that the implementation of ESG policies in business strategies has a significant impact on the market capitalization of public corporate agricultural enterprises. ESG investments as a tool for increasing the market capitalization of an agricultural enterprise should be aimed at using reputation management and obtaining benefits from creating a high-quality corporate image and business reputation. It has been confirmed that the transition to ESG principles and their observance in agribusiness ensures the satisfaction of the interests of all stakeholder groups and contributes to the investment attractiveness of enterprises. Discussion. Prospects for further research are the harmonization of international standards of ESG reporting, rating of corporate agricultural enterprises based on the results of the implementation their ESG-oriented strategies in order to improve the efficiency of managing their market capitalization and investment attractiveness. Keywords: strategic financial management, market capitalization, ESG-concept, corporate agricultural enterprise, sustainable development.

Radical Restorative Justice of The People's CDC

Four days before the 2022 State of the Union address, the CDC made a change to the risk-prevention pandemic map of the United States that changed the color of the map from red to green. Before the change, the CDC worked with guidelines that identified a substantially high risk as 50 cases per 100,000 people. After the change, the low risk category became 200 cases per 100,000 - a significant diminution of the calculation. As the People’s CDC notes, “The resulting shift from a red map to a green one reflected no real reduction in transmission risk. It was a resort to rhetoric: an effort to craft a success story that would explain away hundreds of thousands of preventable deaths and the continued threat the virus poses.” The People’s CDC, a collaborative of volunteer health experts who offer policy recommendations and guidance around COVID-19 issues, reframes the official US responses to the global health crisis by disseminating critical information via social media. On their website People’s CDC identify their collaborative project: “working alongside community organizations, we are building collective power and centering equity as we work together to end the pandemic.” In this presentation, I situate the equity-focused work of the People’s CDC within restorative justice and world building movements. Using their “layered, collective, and equitable” social media publications as a guide, I employ recent research on collective action to analyze the ways that the People’s CDC resists the hegemonic inequities embedded in state run public health systems and corporate mass media by redeploying and rewriting the rhetorical strategies of those systems. I argue that the People’s CDC’s ethos of care and collaboration is employing restorative world building practices as a response to global crisis. As they say, “We must urgently create a new normal in which commitment to community care drives policy and behavior. This charge requires sustained and collective action.”

Dynamics of the Insurance Paradigm Analysis in Pakistan: An Evidence of Leading Islamic, Public and Private Insurers

This paper explores the dynamics of the general insurance paradigm throughout six different companies, NICL (National Insurance Company), EFU (Easter Federal Union), Adamjee, Jubilee General Insurance, Salaam Takaful Limited, and Pak-Qatar Takaful, in the developing economy of Pakistan from 2012 to 2021. To examine collective long-run outcomes, Pedroni and Kao tests were taken to measure the impact of public and private corporate entities as well as the cause-and-effect relation of each regressor on the dependent variable of solvency ratio, Granger causality and the Pooled Mean Group-Autoregressive Distributed Lag (PMG-ARDL) model have been used. According to the estimated outcomes, it has been deliberately observed that except for the claim ratio, all other explanatory variables positively influence the solvency ratio. In future, this paper will be help out researcher, practitioners, and public sector corporate consumer demand and service quality issues under the general insurance paradigm conventional and Islamic insurance as well.

Public governance, corporate governance and excessive ESG

PurposeGrowing social concerns and ecological issues accelerate firms’ environmental, social and governance (ESG) engagement. Hence, this study aims to advance the existing literature by focusing on the interplay between institutional and firm governance mechanisms for greater ESG engagement. More specifically, the authors investigate whether public governance stimulates excessive ESG engagement and whether corporate governance moderates this relationship.Design/methodology/approachUsing a sample of 43,803 firm-year observations affiliated with 41 countries and 9 industries, the authors adopt a country, industry and year fixed-effects regression analysis.FindingsThe authors find that public governance strength via its six dimensions stimulates excessive ESG engagement. This implies that firms in countries with strong voice and accountability, political stability, government effectiveness, regulatory quality, rule of law and control of corruption are more motivated for ESG engagement. Furthermore, corporate governance negatively moderates the relationship between all public governance dimensions (except political stability) and excessive ESG engagement. This implies that public governance and corporate governance are substitutes for encouraging firms to commit to ESG. Further tests reveal that whereas these results in the baseline analyses are valid for developed countries, they are not valid in emerging markets.Research limitations/implicationsThe findings support the interplay between institutional and agency theories. In countries with strong (weak) institutional mechanisms, corporate governance becomes weak (strong) in inciting greater stakeholder engagement. This implies that the public governance mechanism alleviates agency costs, rendering internal mechanisms of corporate governance noncompulsory for ESG engagement.Practical implicationsThe findings suggest that emerging countries need to reinforce their institutions for greater accountability, regulatory quality and control of corruption, which will have a domino effect on firms in addressing stakeholder expectations. The results also advise emerging country firms to augment their internal monitoring mechanisms for greater stakeholder engagement, such as structuring boards and establishing corporate social responsibility mechanisms, committees and policies.Originality/valueThis study contributes to the recent literature investigating the role of corporate governance mechanisms in excessive ESG engagement. The study also explores whether public governance is associated with greater ESG involvement and provides a comprehensive analysis of the association between six indicators of public governance quality and excessive ESG practices in developed and emerging economies.

Terrorism and economic governance in Africa: analysis of the impact of Boko-Haram on banking administration in Nigeria

Purpose Using system theory, this paper aims to interrogate the impact of Boko-Haram on bank administration. The paper explains how death, injury and property destruction caused by terrorism affect banking supervision and structures. Design/methodology/approach With the aid of a mixed research method, this paper conducted 47 interviews. It extracted secondary data from the Central Bank of Nigeria database, the National Deposit Insurance Corporation publications, Enhancing Financial Innovation and Access Survey, the World Bank database and the Global Terrorism Index. Descriptive, content and regression analysis was used in this research. Findings With a significant regression model (p-value < 0.05), the analysis shows that terrorism accounts for 84.02% variation in banking administration. The impact of Boko-Haram on banking administration is negatively significant, especially in the areas like on-site supervision of Money Deposit Banks/Micro-finance Institutions and citizens’ accessibility to financial systems. Originality/value This paper generates new knowledge in the thematic area, which is still grey. The influence of terrorism on financial institutions as an element of economic governance is less researched. Hence, the strategic linkage of the impact of Boko-Haram on banking administration as a component of financial institutions. Therefore, this paper contributes to the existing body of literature on terrorism and economic governance.

Exploring Women Tea Plantation Workers' Interest in Varied Income-Generating Activities and Decision Making Pattern in Jorhat District of Assam

The present study was carried out in Jorhat district of Assam. Four (4) tea gardens under public corporation from Jorhat sub-division were selected using purposive sampling method. A total of 100 women tea plantation workers were selected for the present study. It was found that majority of the household decisions were taken jointly by their husbands followed by independent decision. It was further found that respondents spent the majority of time (7.94 hours) in working at tea garden. The majority (51.00%) of the respondents were mostly interested in poultry farming followed by goat rearing (14.00%).

THE EFFECT OF THE COVID-19 PANDEMIC ON THE FINANCIAL PERFORMANCE OF THE 15 TOP LISTED GREEK COMPANIES AND ON ENTREPRENEURSHIP

Even companies with high stock market values suffered financial setbacks due to the COVID19 pandemic that swept the globe in early 2020. During the COVID-19 period, the environment was characterized as hostile and complex, where the confluence of rapid technological developments on the international chessboard and the rapid globalization of markets brought about universal changes in the status of businesses and their ability to survive in an increasingly and constantly changing competitive global environment. Entrepreneurship is the pillar of business survival, prosperity, and economic growth and is the most critical factor in reducing this negative phenomenon. The study examines the evolution of key accounting indicators found in the financial statements of the fifteen largest companies by market capitalization listed on the Greek stock exchange in 2021. The results of the survey revealed that the fuel production companies HELLENIC PETROLEUM and MOTOR OIL as well as the vehicle rental company AUTOHELLAS were the most negatively impacted due to the significant decline in turnover. The study analysed data before and during the pandemic in 2018–2019 and 2020–2021. PPC (public power corporation), on the other hand, benefited greatly from the pandemic as a result of lower electricity generation costs from falling oil prices.

Media management of corporate university media in the USA as a public relations tool of a university (using the example of Ivy League University media)

The subject of the study is the university press of US universities that are part of the so-called "Ivy League" - an informal association of the oldest higher education institutions in the country. The object of the research is the media management of corporate media of universities as a tool of public relations among students, graduates and potential applicants. The authors consider in detail such aspects of the topic as ways of forming an individual profile of a particular media outlet, as well as its contribution to the image of a particular university. Particular attention is paid to the formation of the content of university media and their interaction with the traditional media system, as well as options for their development in a broader media profile. The main conclusions of the study are the data obtained during the comparison of Ivy League university press samples on the patterns of formation of the image of a typical student and a graduate of a university. A special contribution of the authors to the research of the topic is the development of specific recommendations on the media management of corporate publications on the example of the university press, which can be applied in domestic practice. The novelty of the research lies in the generalization of the media practices of the university press of the USA and the formulation of recommendations for creating the image of a student, graduate and teacher on the pages of the university press. Also of particular interest is the practice of creating a modern convergent media based on the traditional format of the press that has existed since the XIX century.

A Study on Debt Management Policy of Regional Public Corporations

A Study on Debt Management Policy of Regional Public Corporations

Adopt a Heritage Scheme: A CSR Initiative for Preserving our Past Glories to Future

Purpose: India has a wealth of cultural architectural heritage that must be incorporated into the mainstream development process. The growing economy necessitates a strong corporate presence, and the social responsibility programmes of these corporations provide the opportunity for engagement with the cultural heritage sector, aimed at sustainable development, and thus preserving and promoting our country's cultural heritage. The primary goal of this research is to preserve and improve world-class amenities and visitor infrastructure. Including both basic public utilities and advanced amenities such as a secure environment, ease of access, quality of community life, hygiene, luminance, and night displaying establishments for an all-inclusive visitor experience, resulting in increased footfall from both foreign and domestic visitors. Methodology/ Design: In this research article, secondary sources of information from websites, and academic research papers on the research topic are used. The purpose of this research was to contextualise and strengthen the connection between Indian traditional art and historical monuments. It aims to involve both public and private organisations, as well as corporate citizens/individuals, in taking on the obligation of attempting to make cultural history and tourism more sustainable by developing, operating, and preserving outstanding tourism architecture and facilities at ASI/state In India, there are inheritance locations and other essential tourist attractions. Findings: In collaboration with the Ministry of Culture, the Department of archaeology Survey of India, state and UT governments, and private and public sector corporate entities, among others, the Tourism Department wants to develop, enhance, and maintain facilities at historic monuments, heritage landmarks, and tourist areas. This is carried out to make the architecture more visitor and to boost the site’s tourist attraction by continuously improving the visitor experiences. Public and private sector organisations, for example, can participate in the construction process by submitting a proposal for embracing intangible cultural sites based on their interest and viability within the project timeline. Under this project, Companies in the private and public sectors, trusts, non-governmental organisations, and individuals are all eligible to adopt a historic property. The full implementation of this involvement, nevertheless, is based on their assessment of their proposal and other criteria specified in the time schedule. Originality/Value: This review finds that work done for society may benefit the corporate world, and initiatives in this area may increase the value. Paper Type: Research article