Performance Of Public Enterprises Research Articles

E-GOVERNANCE IN REVENUE COLLECTION AND CUSTOMS ADMINISTRATION IN SIERRA LEONE – A SURVEY

The willingness of taxpayers to comply with their obligations depends to a large extent upon the perception that the funds collected are put to good use. It also depends on how easy and convenient it is for the taxpayer to comply. Hence getting taxpayers to voluntarily pay their correct taxes at the right time is the dream of every government. The four key research objectives are: to find out whether the implementation of ICT will improve the performance of public enterprises; to investigate whether there is a link between the tax filing system and revenue collection; to determine the significance of tax compliance and performance of the National Revenue Authority (NRA) and to examine the relationship between tax administration and revenue collection. Data was collected through questionnaires from selected tax administrators and taxpayers in Freetown and two provincial locations, Bo and Makeni, using convenience sampling. Descriptive statistical analysis techniques were employed for data analysis. Findings from the study revealed that a vast majority of the respondents believe that the implementation of ICT results in better performance of public enterprises; and that there is a link between the tax filing system and revenue collection which allows refunds to be deposited directly into taxpayers' bank accounts; the level of tax compliance is significant to the performance of the National Revenue Authority; and adoption of ICT has positive impact on a country’s tax collection rate. The paper recommends that the Government of Sierra Leone should embark on public sensitisation on the benefits of the adoption and use of ICT infrastructure that aids easy tax administration and collection in the other rural regions of the country.<p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/soc/0758/a.php" alt="Hit counter" /></p>

Preferential employment policies and firm performance: Evidence from Indian public sector enterprises

This article examines the impact of job reservations on the performance of public sector enterprises (PSEs) in India. Drawing on data for all central government‐owned manufacturing PSEs from 2014 to 2017 and employing instrumental variable techniques, the authors test the hypothesis that reservations benefit firm performance if implemented across all levels of the employment hierarchy. While the findings validate this hypothesis, they also indicate that the reserved categories are disproportionately represented in the lower end of the organizational hierarchy. This imbalance is primarily driven by systematic limitations in vacancy notifications and discriminatory practices within organizations.

An Assessment of the Impact of Partial Commercialization on Financial Performance of Public Enterprises (State-Owned Enterprises) in Nigeria

This study investigated the impact of partial commercialization on the financial performance of public enterprises (state- owned enterprises) in Nigeria. This study employed both expo factor research, and descriptive research designs. Population of this study is made up of all NTA stations in Nigeria as at 30th June, 2023. Secondary source of data is collected from the financial statements of the NTA covering a period of 2001 to 2021 financial years. This study used both descriptive and inferential analyses. The study found that partial commercialization has positive significant influence on the pattern of expenditures of NTA, The study equally finds that Share of Federal Accounts Allocation Committee (FAAC)-statutory has negative significant while Aid and grant has positive significant impact on interest earned by NTA and Finally, the study discovers that there is no significant relationship between both share of Federal Accounts Allocation Committee (FAAC)-statutory allocation, and Aid and grant on non-tax revenue generated by NTA in respect to financial performance, impliedly meaning there is no significant impact between the partial commercialization and non-tax revenue generated by NTA. The study therefore recommended that the government enhance its funding allocation for Aid and Grants by increasing the provision of television and studio equipment, transmitters, outside broadcasting vans, masts, and generators to the Nigerian Television Authority (NTA) and the analysis ultimately reveals that the establishment of additional NTA stations at the local level has resulted in the depletion of people and material resources within the organisation. Consequently, this has placed a greater strain on the management of NTA stations and has diminished their financial performance. As a result, the report suggests that in light of the digitization of NTA, the government should consider reducing the number of NTA stations to solely encompass state capitals and Abuja. This strategic move aims to effectively curtail the operational costs associated with managing 116 stations.

Using Machine Learning to improve the performance of Public Enterprises

Using Machine Learning to improve the performance of Public Enterprises

Financial Performance Analysis of Public Enterprises (PEs) in Nepal

The main objective of this study was to analyze the financial performance of Public Enterprises in Nepal. PEs in Nepal was incorporated for socio economic development of the country. There has been found 44 PEs in Nepal currently some of them incurred loss. On the basis of these, it is argued that financial performance of PEs in Nepal is weak. This study was carried out on the helps of trend analysis, profitability ratio and turnover ratio. Twelve years financial data were taken from publications of Ministry of Finance, Nepal Government and research articles, etc. All the secondary data were analyzed on quantitative approach with descriptive methods. The analysis showed revenue increased slowly on the basis of base year 2010/011 in 12 years. Similarly profit has found fluctuate over the study period between-0.524 to 7.323 times of base year profit 2010/011. The net profit margin ratio and return on shareholders’ net worth has not found satisfactory level. Total assets and net fixed assets turnover ratio have shown poor performance in assets utilization of PEs Nepal. The turnover ratio massaged that, there is a chances of enhancing financial performance of PEs Nepal by proper utilization of assets for inducing profitability position of PEs. The management of PEs should enhanced the financial performance of organization by the helps of budget as a means of controlling devices on activities of the PEs.

Dart Emotional Spiritual Quotient (DESQ) Impact on Employee Performance and Role of Training Module (TM-DESQ): A Public Enterprise Perspective for Islamic Republic of Pakistan

This study is focused on the effect of emotional intelligence (EQ), spiritual intelligence (SQ), and dart accountability quotients training modules (TM-DESQ) on employees’ performance working in the public enterprise (and private sector) of the Islamic Republic of Pakistan. Research manifests that EQ and SQ positively and significantly affect employee performance, progress, and development. The importance of emotional intelligence has been widely emphasized in human resource studies, similarly, literature articulates that accountability is an essential factor for the good governance of the public sector enterprise performance. Worldwide studies have a few contradictory results concerning EQ and SQ, and their impact on performance. Training programs on SQ learning lack longitudinal studies. SQ training’s impact on individual learning, performance, and HRD training was a research gap bridged through this study. A sample of 42 public and private sector employees took their EQ, SQ, and Dart Accountability scores as pen-and-paper self-report measures whereas the performance of employees was reported by their supervisors or managers as the second source of data. Basic training on EQ, SQ, and Dart Accountability (DESQ) was designed and TM-DESQ Intervention was instructed to respondents through webinars amid the COVID-19 Pandemic. The results demonstrated a positive and significant impact of emotional intelligence, spiritual intelligence, and dart accountability on employee performance. However, the insignificant effect of a few facets of some variables has opened other dimensions of research.

The Role of Marketing and Digital Marketing Capabilities: Entrepreneurial Orientation on the Marketing Performance of Public Enterprises

Public enterprises and small and medium enterprises (SMEs) have similar goals in the eyes of the state. SMEs that get government or public bodies funding can make it a public enterprise. These enterprises in Indonesia face challenges due to limited resources, low market reach, and low marketing expertise. They must leverage their marketing capabilities effectively and adopt strategic approaches such as entrepreneurial orientation and digital marketing. This study explores digital marketing mediation and marketing capabilities in the relationship between entrepreneurial orientation and marketing performance in public enterprises. Survey techniques were used for this study, and data were obtained from 176 respondents who are entrepreneurs who use social media in their marketing activities. Data are processed and analysed using smartPLS. The results of this study show that entrepreneurial orientation significantly affects marketing capabilities, digital marketing and marketing performance in MSEs. Digital marketing and market capabilities have a direct positive influence on marketing performance. In addition, digital marketing and market capabilities mediate the relationship between entrepreneurial orientation and marketing performance. Marketing capabilities mediate the relationship between digital marketing and marketing performance.

Integrity, CEO Compensation, and Performance: Evidence from Public Enterprises in South Korea

Purpose: The purpose of this paper is to analyze perceived integrity of public service users and public enterprise employees in association with public enterprise performance, and the role of the CEO compensation on the association between perceived integrity and public enterprise performance.
 Design/methodology/approach: This study uses publicly available performance evaluations and CEO compensation disclosures by the Ministry of Strategy and Finance (MOSF) in South Korea and integrity assessments by the Anti-Corruption & Civil Rights Commission of Korea from 2014 to 2017.
 Findings: We find a positive association between integrity and public enterprise performance, a result driven by the positive association between integrity perceived by service users and public enterprise performance. Furthermore, higher monetary compensation paid to CEOs has a negative influence on the relationship between integrity perceived by public service users and public enterprise performance, whereas higher compensation paid to CEOs has a positive influence on the relationship between integrity perceived by employees and public enterprise performance.
 Research limitation/implications: Integrity perception might be subject to bias depending on the type of stakeholders (public service users or public enterprise employees). Thus, information users of public enterprise performance reports need to be aware of perception gaps in relation to multi-faceted aspects of public enterprise performance. We provide insights into the relationship between perception of integrity and public enterprise performance of the government bodies who enact and administer laws and public policies.
 Originality/value: This paper captures how the perceptions of integrity, as assessed by diverse stakeholders with differing perspectives and levels of honesty and transparency, influence public enterprise performance assessments. Furthermore, it extends the findings of prior studies on the impact of monetary compensation in the public sector (see Abner et al. 2017; Boyd et al. 2018; Chen and Hsieh 2015, among others) to confirm how CEO monetary compensation impacts the relationship between integrity and public enterprise performance. In the public sector, the extrinsic motivation of higher CEO monetary compensation relative to other public enterprises generally crowds out prosocial motivation, which, in turn, impairs the relationship between external integrity and public enterprise performance. At the same time, higher CEO monetary compensation has an incremental impact on internal integrity in association with financial management performance. Thus, we suggest that public enterprises should pay close attention to the design of their current incentive systems for CEOs, place greater weight on prosocial motivation to manage external integrity, and emphasize skill-based monetary compensation to manage internal integrity. Lastly, using manually collected data sets of public enterprises provided by two independent government organizations in Korea, we increase the objectivity and generalizability of the findings of the few studies published on public service organizations in a single-country setting.

Impact of Metaverse Investment on the Market Performance of Public Enterprise in China

This paper provides evidence on the impact of Metaverse investment on the market performance of public enterprises in China. Our empirical analysis is based on event study and the data of 58 public firms which made Metaverse investment announcements between 2021 and 2022. The results show that Metaverse investment announcements have a significant positive impact on the market value of firms in the short term, but show a downward trend over time. Meanwhile, firms with larger size, stronger innovativeness and higher operation efficiency can obtain higher stoke price, resulting in more returns. Nevertheless, firms in different industries all get positive market feedback. Industry differences have no significant effect on the market performance of enterprise Metaverse investment.

An investigation into the effect of board members’remuneration on the performance of public enterprisesin Namibia

The study focused on the effects of the board the members’ remuneration on the performance of public enterprises in Namibia. The main objective of this study was to investigate the interrelationship between board members ‘remuneration and the performance of the public enterprises in Namibia. The study used quantitative methods as a research strategy. The research study used secondary data from the Ministry of public enterprises database and primary data was gathered through structured questionnaires that were distributed to different public enterprises ‘Chief executive officers in Namibia. The study focused on board members’ remuneration as representatives of the board members for each of the 97 state-owned enterprises in Namibia. The researcher used Excel to do the regression analysis. The researcher tested for correlation between a firm’s performance and annual salary and sitting allowance and miscellaneous allowance. Public enterprises are divided into four tiers. The researcher made use of the average revenue for each tier to represent the firm’s performance. A total of 75% of the respondents do not agree that there is a relationship between the board members’ remuneration and the firms’ performance, and 17% agree that there is a relationship between the board members’ remuneration and the firms’ performance. The study recommended that the MPE/PEs should implement motivational strategies to improve board members ‘performance hence improving the firm’s performance.

The Impact of Globalization on the Performance of Public Enterprises in Nigeria

The Impact of Globalization on the Performance of Public Enterprises in Nigeria

Strategic Procurement's Impact on East African Public Enterprise Performance

Purpose: The aim of this study was to determine the level of strategic procurement adoption by East African businesses. 
 Methodology: Both primary and secondary data were employed in the investigation. Secondary data from study proposals, the internet, journals, and books were combined with primary data using a semi-structured questionnaire to collect data. Correctly completed questionnaires were coded, and descriptive statistics were used to evaluate the data after entering it into a social sciences statistical tool. 
 Results: According to the study's findings, strategic procurement improves the performance of public companies by lowering costs and raising the caliber of the organization's products and services. 
 Conclusion: Corruption and a lack of coordination during implementation are significant barriers to strategic procurement impact on East Africa public enterprise performance. 
 Recommendation: According to the report, strategic procurement should always be seen as crucial to the success of a business. To plan the future of the procurement function, organizations should make sure they have qualified personnel in both strategic management and procurement.

Analyzing the stock market performance of central public sector enterprises disinvested through public offering mode: Indian evidence

PurposeThe present study aims to examine the short-term effect of disinvestment oriented IPOs and FPOs on the stock market performance of Indian central public sector enterprises (CPSEs), which divested their equity between 2000 and 2017.Design/methodology/approachThe analysis of stock price reaction is conducted for listing dates only in the case of IPOs and three different dates in the case of FPOs through the event study methodology. The three-event dates related to FPOs are public notification date (PND), issue announcement date (IAD) and price band date (PBD).FindingsOverall empirical analysis indicates that investor sentiments are generally insignificant prior to and posts the PND (first date). The second major date of announcement that is (IAD) is new information in the market and returns are found to be significantly negative across both the periods that is before and after IAD. Thus, the analysis depicts strongly negative investor sentiments in the case of IAD. These results are further substantiated by negatively significant CAR (cumulative abnormal returns) values for both the pre and post-event windows of PBD as well.Research limitations/implicationsEmpirical analysis concludes that investors do not stand a chance to gain abnormal returns through initiating positions in the stocks of CPSEs during the alternative event dates analyzed.Originality/valueSince the year 2000, disinvestment through public offering has gathered momentum, and this mode accounts for approximately 62% of the collective disinvestment funds generated by the government of India till now. But there have been very limited research studies on the market performance of disinvested CPSEs. This analysis provides new empirical evidence for the market reactions of retail investors in response to the sale of equity by the Indian government in CPSEs.

Financial Performance of Public Enterprises of Nepal

Public enterprises are established, owned, and managed by the government to run industrial and commercial activities. The objective of the study is to examine the financial status of Public Enterprises (PEs) of Nepal. The study assesses based on some selected profitability indicators for eleven years. One public enterprise from each sector of the total of six sectors of them was selected. Secondary data was used. The sources such as the annual reviews by the Ministry of Finance, the annual report by Nepal Rastra Bank were chosen. This is purely quantitative research. Profitability ratios such as NPR, ROCE, ROE, and OER were employed over the years in analyzing the available financial information. Mean were computed for key analysis. NAC has the highest mean on NPR followed by NOC,DDC, JEMCL, and NEA. The NAC has the best financial status among sample PEs in terms of NPR. The finding suggests that the performance of NOC recorded the highest on ROCE. This is followed by NAC, NEA, JEMCL and DDC.NOC has the highest mean on ROE followed by RBB, NAC, JEMCL, DDC, and NEA. NEA has the highest mean on OER among the sample PEs. This is followed by DDC, NOC, NAC, RBB and JEMCL. NOC has the highest performance in terms of ROCE and ROE. Similarly, NAC has the highest performance on NPR. JEMCL seems to be the highest efficiency and cost-effective in terms of OER.

Rhetoric Analysis on the Relationship between Executive Compensation and Performance of Commercial public enterprises in Namibia.

The purpose of this paper was to investigate the relationship between compensation packages and the performance of executive officers in Commercial Public Enterprises in Namibia. The paper was conducted to achieve the following specific objective: to determine the relationship between compensation packages of executives and the performance of Commercial PEs in Namibia. It was all in the context of mixed research approach for data collection using a questionnaire as a tool. The study found that there is a partial relationship between executive compensation and the performance of some commercial public enterprises, in accordance with their Tier Levels. It is recommended that the Government (shareholder) finds the best fit model of executive compensation packages in order to induce a positive level of performance. It is further recommended that a study be conducted, to investigate the relationship between the role of an independent high-level committee on executive compensation packages, aimed at enhancing performance in Commercial Public Enterprises in Namibia
 
 Keywords: Compensation Package; Performance; Commercial Public Enterprises; Executives

Performance Analysis of Urban Public Transport Service Enterprise in Addis Ababa: Data Envelopment Analysis

Measuring the public transit service enterprise's performance is a powerful tool for decision-making and managerial control to assess the utilization level of various inputs to obtain the desired outputs. Thus, this study aims to measure the performance of public bus transport enterprises of Addis Ababa using the Data Envelopment Analysis method during the year 2016/17 to 2017/18. There is an absence of studies in the country examining public transport sector efficiency using the DEA approach, which makes this research a chance. The study employed an input-oriented DEA model to measure bus transit efficiency. Thus, fleet size and a total number of employees are used as inputs, while covered vehicle km and total passengers transported per year are used as an output to measure performance. Then, the enterprises' technical efficiency and operational effectiveness are analyzed based on secondary data collected from each enterprise. The overall results show Anbessa and Sheger city buses are technically efficient and operationally effective in utilizing their inputs to deliver the desired output compared to others in the city. However, outcomes for Alliance city bus and Public Service Employees Transport Service Enterprise indicate that they utilize their inputs inefficiently and consumed their services ineffectively. Hence, these inefficient enterprises need significant improvements in using their resources to enhance their performance and deliver services incompetent with other operators in the city. Besides, the Government should encourage privately owned public transport operators in the city and provide subsidies and other incentives to all based on their existing performance. Keywords : efficiency, public transport, Data Envelopment Analysis, Addis Ababa, Ethiopia DOI: 10.7176/PPAR/11-7-05 Publication date: August 31 st 2021

UTJECAJ MRS 19 AKTUARNIH OBRAČUNA NA FINANCIJSKU UČINKOVITOST: NA PRIMJERU JAVNIH PODUZEĆA U FEDERACIJI BOSNE I HERCEGOVINE

International Accounting Standard 19 - Employee Benefits outlines the accounting requirements for employee benefits, including short-term benefits, post-employment benefits, other long-term benefits and termination benefits. The standard establishes the principle that the cost of providing employee benefits should be recognized in the period in which the benefit is earned by the employee, rather than when it is paid or payable, and outlines how each category of employee benefits is measured. Aim of the paper is to determine the degree of IAS 19 implementation in Federation of Bosnia and Herzegovina, and its impact on financial performance of public enterprises. Since no significant negative impact of the implementation of IAS 19 on the financial performance has been proven, it could be recommended that the observed entities consider all its advantages and thus realize the potential benefits for both, the company and the employees.

CSR공시의 형태와 공시량이 공기업의 경제적 성과에 미치는 영향

[연구목적] 공익성과 비영리 성격이 강한 공기업의 CSR공시의 형태와 공시량이 경제적 성과에 미치는 영향을 분석한다.<BR>[연구방법] CSR공시 형태의 독립변수로 CSR보고서 발간과 CSR게시판 게시물 게재를 사용하고, CSR공시량의 독립변수로 CSR보고서 발간 페이지 수와 CSR게시판 게시물 게재 수를 CSR공시의 양적 수준과 빈도의 대용치로 하여 경제적 성과 변수를 종속변수로 하여 분석한다.<BR>[연구결과] CSR보고서 발간은 매출액영업이익률과 유의한 음의 관련성을, CSR게시판의 게시물 게재는 매출액영업이익률과 매출액순이익률과 유의한 음의 관련성을 보였다. CSR보고서 발간의 양적 수준의 영향은 미미하였지만, CSR게시판 게시물 빈도가 높을수록 매출액순이익률과 유의한 음의 관련성이 나타났다.<BR>[연구의 시사점] 공기업의 CSR공시가 음의 영향을 나타낸 것은 사기업과 다른 공기업의 특수성 및 차별성에 기인한 것으로 보인다. 연구결과를 통해 CSR공시의 형태에 따라 경제적 성과에 미치는 영향이 달라지며, CSR공시량의 증가가 무조건 기업의 경제적 성과에 더 큰 영향을 미치는 것이 아니라 공시 형태에 따라 CSR공시량의 영향이 달라짐을 알 수 있다. 연구는 CSR공시형태 및 공시량의 기초 연구로 의의가 있으며, 기업이 CSR공시를 활용하여 성과에 기여하는 전략적 방향을 제시해 줄 수 있다.

Impact of Recruitment and Selection Process on the Performance of Public Enterprises. A Study of the Nigeria Railway Corporation.

This study examined the impact of the recruitment and selection process on the performance of employees in the Nigerian Railway Corporation. The population of the study is six hundred and fifty-six (656) staff, and a sample size of two hundred and forty-eight (248) was drawn using Taro Yamane's sample size determination technique. Survey and interview methods were used for data collection. The Ordinary Least Squares method of regression was used to analysed the data. Findings revealed that the recruitment and selection process has a significant influence on the train movement schedule of the Corporation, and Hypothesis one was therefore rejected. It also discovered that the recruitment and selection process, on average, have significant effects on the train maintenance culture of the Corporation, and Hypothesis two was similarly rejected. Finally, it equally revealed that the recruitment and selection process greatly elicited employees' innovation, particularly in the recruitment source and recruitment selection policy, consequently rejecting Hypothesis three. The study concluded that the recruitment and selection process greatly influenced employees' performance in the Corporation regarding hiring appropriate skills that handled train movement schedules except for the train maintenance culture. The study recommended that the Corporation review recruitment hiring policy to focus on meritocracy and brace up to internal and external sources of hiring appropriate personnel for train maintenance in the Corporation. Also, there should be no government or political interference regarding recruitment source and recruitment policy as being done now to stimulate employee selection.

Contrasting Governance Arrangements with the Management of Performance of Public Enterprises in Namibia

Contrasting Governance Arrangements with the Management of Performance of Public Enterprises in Namibia