Strategic Decision-making Process Research Articles

Exploring Job Satisfaction in Goa's Hospitality Industry: Insights from the ABCD Framework Perspective

Purpose: The primary objective of this research is to conduct an in-depth exploration and analysis of the role of job satisfaction within Goa's hospitality industry. This study recognizes the pivotal influence of employee contentment in various facets of the sector, notably in enhancing guest services, boosting the industry's contribution to local tourism, and fostering sustainable development practices. The research aims to deliver a holistic appraisal of job satisfaction in Goa, encompassing its positive impacts, potential drawbacks, and strategic significance. This encompasses not only the financial prosperity of the industry but also the responsible management of resources, environmental conservation, cultural preservation, and the creation of a memorable and enriching experience for tourists. Targeted towards stakeholders in Goa's hospitality sector — including business owners, managers, policy makers, and academic researchers — this study seeks to provide valuable insights. These insights are intended to inform and guide strategic decision-making processes, aiming to optimize the benefits of employee satisfaction. Ultimately, this will contribute to achieving the dual goals of sustainable development and promoting Goa as a premier tourism destination. Design/Methodology/Approach: This study adopts a qualitative research methodology to delve into the nuances of job satisfaction within Goa's hospitality industry, focusing on its various impacts including benefits, limitations, and potential challenges. It aims to provide an in-depth understanding of the Goan hospitality landscape, drawing on local Hotel and Hospitality Sector insights. The research methodology incorporates a range of analytical tools, including the ABCD Framework, to explore the link between employee satisfaction and sustainable development in this sector. Data for this study are sourced from diverse online platforms, including websites, academic journals, essays, and digital publications. The approach involves a comparative and evaluative analysis of different facets of the hotel industry, paying special attention to issues pertinent to the sector. By employing a qualitative lens, this research aspires to capture the complex interplay between job satisfaction and its impact on sustainable growth within the unique setting of Goa's hospitality industry. Findings/Results: The findings from this study offer crucial insights into the role of job satisfaction within the Goan hospitality sector. Job satisfaction emerged as a key factor in enhancing guest experiences, contributing to increased repeat visits and favorable reviews. Furthermore, high levels of job satisfaction were found to significantly reduce employee turnover. This results in cost savings for businesses and fosters a stable and experienced workforce, which is instrumental in maintaining quality service and operational efficiency in the hospitality industry. These results underscore the importance of employee contentment as a strategic asset in driving both customer satisfaction and sustainable business practices. Originality/Value: Analyzing the importance of job satisfaction in Goa's hospitality sector from the perspective of the ABCD framework adds a unique and beneficial layer to the area. Paper Type: An industry analysis is the basis for this research case study.

Relationship between entrepreneurial orientation, performance, and environment from the perceptcion of cooperative managers

Entrepreneurial orientation assists in the strategic decision-making process in which managers define organizational purposes, thus seeking to create competitive advantage. The study evaluates the relationship between entrepreneurial orientation (EO), performance, and environment based on the perception of cooperative leaders. For EO the dimensions of Miller (1983) were used, for environment the proposal of Duncan (1972) and performance was measured subjectively. The approach is quantitative, with a descriptive-correlational character. OE and performance were analyzed by factor analysis. The perception of the environment made it possible to perform “Anovas”, which showed significant differences for the second factor of OE. The correlations between OE and performance were positive and significant. The regressions for performance with EO as predictor were not affected by the environment, indicating lack of influence.

Entrepreneurship orientation in family business: Decision process structure & succession planning

Family firms play a significant role in economies worldwide, contributing substantially to wealth generation and employment opportunities. Particularly prevalent in rural and remote areas where larger enterprises may struggle to operate effectively, these firms are crucial for both economic growth and social development. Entrepreneurship, characterized by innovation, courage, and strategic planning, is fundamental for driving economic development and instigating substantial changes within market economies. Previous research has identified various factors influencing entrepreneurial development in response to evolving business environments.This paper aims to investigate the capacity of enduring family firms to maintain an entrepreneurial orientation while also prioritizing strong family ties and effective governance structures. Building upon existing theoretical frameworks in the realms of family business and entrepreneurship, this study examines the prevalence of entrepreneurship within family businesses. Additionally, it explores the significance of entrepreneurial orientation in succession planning and the decision-making processes within family firms.The conceptualization presented here integrates insights from existing literature and proposes a research agenda for further exploration in this field. By reviewing relevant literature and outlining a research methodology, this paper seeks to shed light on the intersection of family business dynamics and entrepreneurial behavior. Understanding the interplay between entrepreneurial orientation, family involvement, and governance structures is crucial for informing strategic decision-making processes within family firms.In summary, this paper contributes to the broader understanding of the role of entrepreneurship within family businesses and its implications for succession planning and decision-making. By elucidating the complex dynamics at play in these firms, it offers insights that can inform both academic research and practical management strategies for sustaining and enhancing the entrepreneurial spirit within family-owned enterprises.

Classification and evaluation of the methodology in human capital analysis at a company level

The purpose of the study is to explore the concept of human capital and its inherent factors, as well as to classify various approaches and methodologies for assessing human capital both within individual companies and in the national economy as a whole. This study aims to explore and consolidate methodologies used to assess human capital, offering valuable information for strategic decision making in an organizational context.Research methodology. The study primarily uses a qualitative research approach based on a comprehensive review of both domestic and international literature. Scientific methods such as comparative analysis, systematic analysis, and classification are used.Originality/value of the research. The importance of this research is in the amalgamation of diverse theoretical viewpoints and methods, leading to a holistic comprehension of evaluating human capital and its effects on both organizational effectiveness and societal advancement.Findings. The methodology employed in this study enables organizations to make well-informed choices regarding the allocation of resources, employee growth initiatives, and talent retention strategies. Moreover, the incorporation of the Human Capital Index (HCI) emerges as a pivotal instrument, offering a thorough evaluation of workforce capabilities and their influence on organizational effectiveness. The HCI's capacity to measure the outcomes of human capital investments on productivity, innovation, and the enduring sustainability of the organization underscores its crucial role in shaping strategic decision-making processes.

The strategy dynamics of collective systems: Underlying hindrances beyond two-actor coordination.

Engineering systems, characterized by their high technical complexity and societal intricacies, require a strategic design approach to navigate multifaceted challenges. Understanding the circumstances that affect strategic action in these systems is crucial for managing complex real-world challenges. These challenges go beyond localized coordination issues and encompass intricate dynamics, requiring a deep understanding of the underlying structures impacting strategic behaviors, the interactions between subsystems, and the conflicting needs and expectations of diverse actors. Traditional optimization and game-theoretic approaches to guide individual and collective decisions need adaptation to capture the complexities of these design ecosystems, particularly in the face of increasing numbers of decision-makers and various interconnections between them. This paper presents a framework for studying strategic decision-making processes in collective systems. It tackles the combinatorial complexity and interdependencies inherent in large-scale systems by representing strategic decision-making processes as binary normal-form games, then dissects and reinterprets them in terms of multiple compact games characterized by two real-numbered structural factors and classifies them across four strategy dynamical domains associated with different stability conditions. We provide a mathematical characterization and visual representation of emergent strategy dynamics in games with three or more actors intended to facilitate its implementation by researchers and practitioners and elicit new perspectives on design and management for optimizing systems-of-systems performance. We conclude this paper with a discussion of the opportunities and challenges of adopting this framework within and beyond the context of engineering systems.

The Impact of The Green Bonds on The Financial Sustainability: Evidence From Egypt

Egypt’s Vision 2030 delineates a comprehensive national strategy aimed at fostering sustainable development, with a particular emphasis on environmental conservation and economic advancement. Central to this vision is the integration of green finance instruments, notably green bonds, as pivotal tools for realizing environmental objectives while driving economic growth. However, the successful implementation of green bonds faces multifaceted challenges, including market dynamics, regulatory frameworks, and the establishment of robust monitoring mechanisms. This research conducts an in-depth exploration of the intricate relationship between green bonds, environmental sustainability, and economic development within the context of Egypt’s Vision. Drawing on a synthesis of academic literature and insights gleaned from international case studies, the study critically evaluates the mechanisms for implementing green bonds. It also identifies the financing challenges and opportunities inherent in Vision green economy aspirations, while proposing strategic pathways to enhance the efficacy of green bond deployment. Formulating a set of research hypotheses, the study examines the alignment of green bond implementation mechanisms with Vision 2030 objectives, evaluates the impact of market perceptions and regulatory frameworks on green bond financing effectiveness, and assesses the role of international collaborations in mitigating financing challenges. Furthermore, the research explores key variables such as environmental impact, green bonds, and financial sustainability to elucidate their interconnections and implications for sustainable development. By offering nuanced insights and actionable recommendations, this research aims to enrich the discourse on sustainable development and financial innovation in Egypt. It seeks to bridge existing knowledge gaps, inform strategic decision-making processes, and facilitate the formulation of evidence-based policies conducive to realizing Egypt’s sustainable development aspirations outlined in Vision 2030. Keywords: Egypt’s Vision 2030, Green Bonds, Sustainable Development, Financial Innovation, Environmental Sustainability, Economic Growth.

Enhancing strategic decision-making: The role of business intelligence tools and organizational ambidexterity

The study aims to investigate the influence of business intelligence on decision-making quality, considering organizational ambidexterity as a moderating factor. The sample included a broad group of professionals from the high-technology segment, surveying 450 respondents; 254 valid responses were obtained from senior executives, supervisors, and analysts. These respondents were selected as they had a clear ability for a deeper dive into strategic goals and international expansion strategies, effectiveness in capacities, and daily financial management improvement. The results showed that with the use of business intelligence tools, organizations were in a better position to provide a higher quality of strategic decision-making (p < 0.01) as it helped in the functioning of new opportunities to identify and capitalize, while keeping an eye on the current capabilities. The study underscores that organizational ambidexterity is one of the most dominant causes (p < 0.01) for the effective realization of the benefits of business intelligence. Thus, for effective decision-making, it is crucial for organizations to synergize business intelligence tools with their ambidextrous capabilities. This underscores the significant role of organizational ambidexterity as a moderator and further demonstrates its importance in optimizing the use of business intelligence to improve strategic decision-making processes.

Dissemination of the Vision, Mission, Goals, and Objectives of Urdaneta City University: Ethical Implications to Integrity, Teamwork, Competence and Transcendence

This study examines the dissemination of the vision, mission, goals, and objectives (VMGO) of Urdaneta City University (UCU) and explores the ethical implications associated with their implementation. The VMGO serves as the guiding principles for UCU’s strategic planning and decision-making processes, shaping the institution’s identity and direction. However, the effectiveness of these VMGO relies on their dissemination among the primary stakeholders, the students. This research aimed to assess the current state of dissemination of UCU’s VMGO and identify potential ethical implications arising from any gaps or shortcomings in these processes. The study employed a mixed-methods approach, combining surveys, document analysis and philosophical interpretation. The survey gathered quantitative data regarding stakeholders’ experiences on the dissemination of the VMGO, while philosophical interpretation provided in-depth insights of ethical implications into their perceptions and experiences. Additionally, an analysis of relevant documents, such as official university publications and communication materials, provided contextual information. The study concluded that UCU can strengthen its commitment to integrity, teamwork, competence and transcendence that will foster a sense of purpose, honesty, accuracy, alignment, responsibility, respect, collaboration and societal impact within the university community. By upholding these values, UCU can strengthen its commitment to ethical practices, maintain the integrity of its messaging, encourage collaboration and inclusivity, enhance competence, and promote positive societal impact.

Open strategizing for developing smart city food system: Stakeholder inclusion in practice

The positive impact of stakeholder engagement (SE) in smart city development initiatives has received notable scholarly attention over the past decade. Researchers of stakeholder engagement have investigated various aspects of the engagement process from different theoretical perspectives, yet the complexity and dynamism of inclusion, especially at the societal level and in the context of smart city development, continue to inspire more research. Drawing from the intersection of open strategy (OS) and SE, we seek to enhance understanding of the open strategizing process by elucidating stakeholder inclusion practices in a smart city initiative, focusing on food systems in Da Nang, Vietnam. Our participatory action research draws on 114 semi-structured interviews and four stakeholder workshops to analyze the way stakeholder inclusion practices unfold in the strategic decision-making process of a smart city initiative. Our analysis reveals that stakeholder inclusion is complex and involves four interdependent practices at different stages of the strategizing process. These practices are trust formation, common language creation, role transformation, and expectation alignment. Together, they culminate in the creation of an interactive social space for the strategy-making process. The proposed analytical framework highlights the interdependencies among practices and their outcomes at different stages of the open strategizing process and could serve as a guideline in a context in which stakeholder inclusion at the planning phase is necessary to achieve systemic change.

The Impact of UPI on Indian Banking System

With the advent of Unified Payment Interface (UPI) technology, the Indian banking system has ushered in an era of transformation. This study examines the impact of UPI on the Indian banking system to comprehensively examine the multifaceted impact of this innovative payment infrastructure. This study aims to explore the significant impact of UPI implementation by in-depth analysis of financial institutions’ data, user transactions and regulatory frameworks. Research methods include quantitative and qualitative approaches. Transaction data is quantitatively analyzed to identify patterns, trends and changes in the volume and nature of transactions facilitated by UPI. Qualitatively, user perceptions and experiences are explored through surveys and interviews, providing nuanced insights into evolving user behavior and satisfaction. The main thrusts of the study include the impact of UPI on transaction efficiency, financial inclusion, security framework and overall compatibility of the banking system. In addition, this study aims to evaluate the challenges faced by banks in the implementation and integration of UPI and the strategic measures adopted to reduce these challenges. This study aims to contribute to the academic debate on the intersection of financial technology and banking systems by combining findings from various sources. The result is expected to provide valuable insights to policymakers, financial institutions and technology developers, providing a comprehensive understanding of how UPI is reshaping the Indian banking industry. Ultimately, this study informs strategic decision-making processes and promotes a proactive approach to maximizing the potential of UPI for the benefit of financial service providers and end-users.

EFFECTIVE STAKEHOLDER RELATIONSHIP MANAGEMENT IN THE OIL & GAS SECTOR: A CONCEPTUAL AND REVIEW PERSPECTIVE

Effective stakeholder relationship management (SRM) is imperative for the sustainable operation of companies within the oil and gas sector. This review provides a conceptual framework and review perspective on the strategies, challenges, and outcomes associated with SRM in this industry. The oil and gas sector operates within a complex web of stakeholders including governments, local communities, investors, employees, suppliers, and environmental organizations. Building and maintaining positive relationships with these stakeholders are essential for securing operational licenses, maintaining social license to operate, and fostering a conducive environment for business continuity. Drawing from existing literature, this review elucidates the key components of effective SRM in the oil and gas sector. Firstly, proactive engagement and communication emerge as fundamental strategies. Companies need to identify stakeholders, understand their interests and concerns, and engage with them transparently and consistently throughout project lifecycles. Secondly, fostering mutual value creation is crucial. Companies must seek win-win solutions that align their business objectives with stakeholders’ interests, thereby promoting long-term partnerships and trust. Thirdly, robust grievance mechanisms are necessary to address conflicts and grievances promptly and fairly, preventing escalation into legal or reputational crises. Despite its importance, SRM in the oil and gas sector faces several challenges. These include inherent power imbalances between companies and stakeholders, socio-political tensions in resource-rich regions, and the dynamic nature of stakeholder expectations. Additionally, the sector operates in a volatile market environment characterized by fluctuating oil prices and regulatory uncertainties, further complicating SRM efforts. The outcomes of effective SRM in the oil and gas sector are multifaceted. Beyond mitigating operational risks and enhancing reputational capital, it contributes to fostering social license to operate, facilitating access to capital and talent, and promoting sustainable development in host communities. Effective SRM in the oil and gas sector requires a proactive, value-driven, and adaptive approach. By integrating stakeholder considerations into strategic decision-making processes, companies can navigate complex socio-political landscapes, mitigate risks, and create shared value for all stakeholders involved.
 Keywords: Management, Oil and Gas, Conceptual, Perspective, Relationship.

A Multi-Criteria Decision-Making Framework for Zero Emission Vehicle Fleet Renewal Considering Lifecycle and Scenario Uncertainty

In the last decade, with the increased concerns about the global environment, attempts have been made to promote the replacement of fossil fuels with sustainable sources. For transport, which accounts for around a quarter of total greenhouse gas emissions, meeting climate neutrality goals will require replacing existing fleets with electric or hydrogen-propelled vehicles. However, the lack of adequate decision support approach makes the introduction of new propulsion technologies in the transportation sector a complex strategic decision problem where distorted non-optimal decisions may easily result in long-term negative effects on the performance of logistic operators. This research addresses the problem of transport fleet renewal by proposing a multi-criteria decision-making approach and takes into account the multiple propulsion technologies currently available and the objectives of the EU Green Deal, as well as the inherent scenario uncertainty. The proposed approach, based on the TOPSIS model, involves a novel decision framework referred to as a generalized life cycle evaluation of the environmental and cost objectives, which is necessary when comparing green and traditional propulsion systems in a long-term perspective to avoid distorted decisions. Since the objective of the study is to provide a practical methodology to support strategic decisions, the framework proposed has been validated against a practical case referred to the strategic fleet renewal decision process. The results obtained demonstrate how the decision maker’s perception of the technological evolution of the propulsion technologies influences the decision process, thus leading to different optimal choices.

A hybrid robust SBM-DEA, multiple regression, and MCDM-GIS model for airport site selection: Case study of Sistan and Baluchestan Province, Iran

This study focuses on the strategic decision-making process for selecting airport locations in developing countries, where investment constraint is a significant concern. Recognizing that airport location decisions are influenced by a multitude of factors, often in the absence of comprehensive data and amidst uncertain forecasts, there is a need for a methodology capable of adeptly handling various factors under uncertainty. The goal is to provide solutions that remain feasible and near-optimal, even with some variations in input parameters, ensuring robustness. To this end, this research introduces a decision tool incorporating Slack-Based Measurement in Robust Data Envelopment Analysis (SBM-RDEA). The Slack-based method is beneficial in cases with multiple inputs and outputs where their relationships are not strictly proportional, as in the airport location selection problem. DEA, in conjunction with Multiple Regression analysis, leverages available data on the attributes of operational regional airports to compute the significance of these criteria in shaping the success factors of these facilities. Furthermore, these weightings can be employed to evaluate the suitability of airport locations currently under development and assess their potential for contributing to regional development. Additionally, to address the uncertainty of input data, a Robust optimization approach is employed to ensure a reliable response for this strategic decision-making process. This weighting framework is utilized twice within the research methodology: first, to assess the potential of different counties in the state for hosting a new regional airport, and second, to identify the optimal location for the airport in an MCDM-GIS analysis. This methodology has been applied to a case study in Sistan and Baluchistan, Iran. The result of the proposed method has been compared with one of the most common existing methodologies. This method identifies Zahedan County as having the highest potential and selects the location (29.48° N, 60.90° E), in the east of Zahedan city, as the optimal site for airport construction. Validation results confirm the efficacy of this solution.

Exploring Strategic Decision-Making Process In Hybrid Cloud Computing Adoption Among Small And Medium-Sized Enterprises

This study delves into the strategic decision-making process concerning the adoption of hybrid cloud computing among Small and Medium-Sized Enterprises (SMEs) within the context of Bahrain. With the proliferation of digital transformation and the evolving landscape of technological infrastructure, the adoption of hybrid cloud solutions presents a compelling avenue for SMEs to enhance operational efficiency and competitive advantage. This research employs a qualitative approach, engaging in-depth interviews with 11 key stakeholders from diverse SMEs across Bahrain. Through thematic analysis, this study elucidates the multifaceted dimensions of the strategic decision-making process, encompassing factors influencing adoption, perceived benefits, challenges encountered, and the integration of hybrid cloud computing within the broader organizational strategy. The findings shed light on the considerations, including technological, organizational, regulatory, and socio-cultural aspects, shaping the adoption landscape of hybrid cloud solutions among SMEs in Bahrain.

Business analytics and decision science: A review of techniques in strategic business decision making

Business analytics and decision science have emerged as pivotal domains in enhancing strategic business decision-making processes. This review delves into various techniques that organizations employ to optimize their operations and achieve competitive advantages. At the forefront of strategic decision-making is data analytics, where vast amounts of data are analyzed to extract valuable insights. Descriptive analytics provides a historical perspective by examining past data trends, enabling businesses to understand their performance over time. This retrospective analysis serves as a foundation for predictive analytics, which utilizes statistical models and machine learning algorithms to forecast future trends and outcomes. By leveraging predictive analytics, organizations can anticipate market shifts, customer preferences, and potential risks, thereby making informed decisions. Prescriptive analytics uses predictive models to guide strategic decision-making, utilizing optimization algorithms and simulation tools to identify optimal actions. Decision science integrates analytical techniques with human judgment, focusing on consumer behavior and psychological factors to tailor marketing strategies and product offerings. Additionally, artificial intelligence (AI) and machine learning (ML) technologies are revolutionizing strategic decision-making by automating complex tasks and providing real-time insights. Natural language processing (NLP) algorithms analyze unstructured data sources, such as customer reviews and social media posts, to extract valuable information and sentiment analysis. This enables businesses to gauge customer satisfaction levels and identify areas for improvement promptly. Decision trees, regression analysis, and clustering techniques are widely used in business analytics to segment customers, identify patterns, forecast sales trends, evaluate alternatives, assess risks, and optimize resource allocation. In conclusion, business analytics and decision science offer a plethora of techniques that empower organizations to make informed, data-driven decisions. By leveraging descriptive, predictive, and prescriptive analytics, along with AI and ML technologies, businesses can navigate complex environments, capitalize on opportunities, and mitigate risks effectively. This review underscores the importance of integrating analytical techniques with human expertise to achieve strategic objectives and sustainable growth.

Digital currency adoption in Africa: A critical review and global comparison

This study critically examines the landscape of digital currency adoption in Africa, providing a comprehensive analysis that juxtaposes the region's progress against global trends. As the world witnesses an accelerating shift towards digital currencies, Africa stands at a crucial juncture in its financial evolution. This research delves into the factors influencing the adoption of digital currencies in various African nations, exploring the socio-economic, technological, and regulatory dimensions that shape their trajectory. The study employs a comparative approach, drawing parallels between Africa's digital currency adoption and global patterns. By examining successful case studies and identifying challenges unique to the African context, the research sheds light on the diverse experiences within the continent. Factors such as financial inclusion, regulatory frameworks, technological infrastructure, and cultural perceptions are scrutinized to unravel the complexities surrounding digital currency adoption. Furthermore, the study investigates the impact of global trends and initiatives on Africa's digital currency landscape. The analysis encompasses the role of international collaborations, regulatory harmonization efforts, and the influence of major digital currencies in shaping the African narrative. By identifying both opportunities and challenges, the research aims to offer insights that can inform policymakers, financial institutions, and stakeholders in fostering a conducive environment for digital currency adoption in Africa. The findings of this study contribute to the academic discourse on digital currency adoption, providing a nuanced understanding of Africa's position in the global digital financial ecosystem. In an era where technological advancements redefine traditional financial paradigms, this research aims to inform strategic decision-making processes that can unlock the transformative potential of digital currencies in the African context.

PRINCIPLES OF FORMATION OF BIM INFORMATION PACKAGES IN THE “SOFTWARE COMPLEX FOR MODELING THE CITY AS A DYNAMIC SYSTEM”

The article describes the principles of forming information packages of the “Information-cumulative matrix of modeling the city as a dynamic system”, which is one of the software modules of the “Software complex of modeling the city as a dynamic system”. The working name of the information packages is “Dynamic BIM package”. The BIM package is the basis for the formation of a large data set of the Information and Accumulation Matrix. Each information package describes a separate object from the typological spectrum of architectural structures as an environment with which almost all processes of the city's functioning are connected. The choice of the name of the package is connected with a double approach to its formation: a combination of the description of the material component of the architectural object and the dynamics of its life cycle, as a set of life cycles of its constituent elements. The developed approach makes it possible to develop an innovative architectural and urban toolkit for analyzing the problems of the city as a dynamic system. When forming the principles of the functioning of the “Information-cumulative matrix of modeling the city as a dynamic system”, the dynamics of the functioning of the city is considered as a combination of the dynamics of the typological spectrum of architectural structures and the dynamics of phenomena that go beyond the boundaries of architecture (considered in other studies by the authors). The software complex has high potential as a tool for analyzing and forecasting the principles of the city's functioning and is focused on information services for strategic decision-making processes.

Increasing SME Performance Through Quality Information Technology and Top Management Support

This research aims to analyze the influence of information technology quality and top management support on the performance of the city of Semarang. This research contributes to providing feedback for SME managers or owners in making decisions regarding the importance of digitizing accounting, in this case, the accounting information system. This quantitative research uses an explanatory research approach guided by a questionnaire that tests the relationship and influence between research variables. Data analysis was obtained using the SEM approach by analyzing 132 respondents who had used the accounting information system application for at least one year. The research results show that the quality of information technology use and top management support significantly affect SME performance. The implication of this research underscores the importance of investing in improving the quality of information technology and top management support for the performance of small and medium-sized enterprises (SMEs) in Semarang City. It indicates that the utilization of effective accounting information systems and active support from top management can enhance the competitiveness and operational efficiency of SMEs. Therefore, SME managers or owners need to consider adopting and optimizing accounting information systems in their strategic decision-making processes to enhance business performance and growth.

The role of corporate environmental ethics in shaping environmental management accounting adoption under the institutional theory

This study aims to investigate the complex association between institutional pressure, adoption of environmental management accounting (EMA), and financial performance, with corporate environmental ethics as a moderating component. It explains why and how firms adopt EMA in response to institutional demand to factor environmental factors into their strategic decision-making processes. Quantitative information is gathered using a structured questionnaire from 256 manufacturing companies’ environmental managers and executives who monitor environmental practices and policies and decision-makers who shape business environmental ethics and strategy in the Indian state of Karnataka. Data are analyzed using SmartPLS 4, and PLS-SEM tests the hypotheses. The results show that coercive pressure (β = 0.244, p = 0.000), mimetic pressure (β = 0.221, p = 0.000), and normative pressure (β = 0.209, p = 0.000) have a major role in determining the rate of EMA adoption. It is further identified that EMA adoption (β = 0.217, p = 0.000) positively influences the organization's financial performance. Furthermore, EMA adoption mediates the relationship between coercive pressure (β = 0.053, p = 0.000), normative pressure (β = 0.045, p = 0.000), mimetic pressure (β = 0.048, p = 0.000), and firm’s financial performance. Coercive pressure is associated with higher EMA adoption, although the impact of this link is moderated by corporate environmental ethics (β = 0.069, p = 0.000).

Managerial Finance Tactics in the Era of Enhanced Regulation Following Financial Scandals

Purpose: This study examines the impact of enhanced regulation on managerial finance tactics following significant financial scandals. It aims to explore how financial managers navigate increased regulatory scrutiny and integrate ethical considerations into their strategic decision-making processes. Research Design and Methodology: Employing a qualitative systematic literature review, this research synthesizes insights from academic journals, books, and reputable sources. The study uses thematic analysis to identify key themes, patterns, and gaps related to managerial finance practices in a regulated environment. Findings and Discussion: The findings reveal that financial scandals have led to stricter regulatory frameworks, compelling financial managers to prioritize compliance and ethical conduct. Integrating advanced technologies like blockchain and AI has enhanced regulatory compliance processes, while a culture of integrity and transparency within financial institutions has become crucial for rebuilding stakeholder trust. These strategies are essential for mitigating regulatory risks and ensuring long-term organizational stability. Implications: The research underscores the necessity for financial institutions to adopt proactive compliance strategies and foster a culture of ethical conduct. Policymakers and practitioners are encouraged to leverage technological innovations to streamline compliance processes and maintain regulatory adherence. Future research should focus on the effectiveness of specific compliance strategies and the interplay between regulatory frameworks, technological advancements, and ethical considerations in managerial finance.