European Journal of Business and Management Research最新文献

{"title":"Remote Leadership and Work Engagement: A Critical Review and Future Directions","authors":"Patryk Makowski","doi":"10.24018/ejbmr.2023.8.4.1835","DOIUrl":"https://doi.org/10.24018/ejbmr.2023.8.4.1835","url":null,"abstract":"The novel coronavirus disease 2019 (COVID-19) pandemic shook the entire world. All sectors, industries, organisations, and more importantly, people were affected by multiple restrictions implemented by their respective governing bodies. Federal lockdowns and all the emerging laws and regulations associated with them have forced organisations worldwide to transition their operations to remote environments. The implications from the organisations’ perspective vary from leadership to management, structure to operations, and training and development to policy making. However, from the employees’ perspective, the implications vary from general well-being to work engagement, satisfaction to motivation, and followership to trust. Nonetheless, remote work has other implications, such as productivity, the impact of social distancing, work-life balance, and isolation concerns. Therefore, this article aims to present critical thinking and comprehensively analyse the existing literature on remote working, transformational leadership, and work engagement contexts. Theoretical and practical gaps are discussed, and recommendations for future research could contribute to our better understanding of remote leadership and its practical elements. Remote working environments are believed to be permanent working arrangements for many organisations and employees; hence, scholars and practitioners must explore them to further depths.","PeriodicalId":117368,"journal":{"name":"European Journal of Business and Management Research","volume":"340 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133982797","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Green Economy Evaluation of EOR Projects in Borneo Field: Case of CO2 Injection vs Chemical Injection","authors":"I. M. Agusyasa, Y. Nainggolan","doi":"10.24018/ejbmr.2023.8.4.1998","DOIUrl":"https://doi.org/10.24018/ejbmr.2023.8.4.1998","url":null,"abstract":"PT Borneo Petroleum Company (BPC) as one of the biggest oil and gas company in Indonesia is planning to perform Enhanced Oil Recovery in Borneo Field. It is considering performing chemical injection (CEOR) or CO2 injection. As CO2 injection requires bigger capital investment than CEOR, it becomes less favorable. However, as the campaign for Net Zero Emissions surges and the planning from the government to implement the carbon tax in Indonesia, the company must revisit the economic evaluation of the projects by introducing carbon tax in the calculation. This research uses capital budgeting techniques in evaluating the projects. It is also used to evaluate the impact of green economy implementation to the project valuation. It needs to show whether the projects are feasible with conventional capital budgeting and with green budgeting. The expected finding is that the economic value of CO2 injection will improve significantly and will make it more attractive than CEOR. This study assumes that the carbon tax applied in Indonesia is at US $ 5.25 per ton CO2-equivalent. The CO2 injected is constant at 8.5 MSm3/d. It is also assumed that BPC is adopting the same capital structure as its parent company. The emissions associated with the project is calculated as the function of production rates. The project’s profitability is based on the Net Present Value, Internal Rate of Return, Profitability Index, and Payback Period. Sensitivity analysis is also performed to explore the variables which give significant impact to the project valuation. Monte Carlo simulation is also performed to test all possible scenarios and its impact to the NPV. It is found that the impact of carbon tax is not significant to the economic value, in contrary the potential for additional incentive in terms of Result Based Payment for Carbon Capture Utilization and Storage has significant impact to the economic value of the project. The result is used to make decision on which EOR method to be applied which create more value to the company in terms of economic and sustainability.","PeriodicalId":117368,"journal":{"name":"European Journal of Business and Management Research","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124845160","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Impact of Financial Ratios on Return on Asset, Moderated by Total Assets: A Study on Pharmaceutical Companies in Indonesia","authors":"Whisnu Dhani Hermawan, Gos Ishak, Anandha Budiantoro","doi":"10.24018/ejbmr.2023.8.4.2003","DOIUrl":"https://doi.org/10.24018/ejbmr.2023.8.4.2003","url":null,"abstract":"This research aims to examine the relationship between independent variables, including Debt to Assets Ratio, Debt to Equity Ratio, Current Ratio, Inventory Turnover Ratio, and Accounts Receivable Ratio, and the dependent variable of Return on Assets. The moderating variable in this study is Total Assets. The research was conducted on pharmaceutical companies listed on the Indonesia Stock Exchange (IDX) from 2019 to 2022, a period marked by the Covid-19 health outbreak. This study explores whether the outbreak has impacted the pharmaceutical sector, which is integral to disease prevention and treatment of Covid-19. The findings indicate that most independent variables have an insignificant relationship with the dependent variable of Return on Assets, which is moderated by firm size. However, there is a significant positive relationship between Inventory Turnover and Return on Assets, moderated by firm size. These results suggest that Inventory Turnover is a crucial factor for pharmaceutical companies to consider when aiming to improve their Return on Assets. Overall, this study offers valuable insights into the relationship between various financial ratios and Return on Assets for pharmaceutical companies during a period of unprecedented global health crisis. The results provide a basis for future research in this field and can inform decision-making for pharmaceutical firms looking to improve their financial performance.","PeriodicalId":117368,"journal":{"name":"European Journal of Business and Management Research","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130054019","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Dynamics of Safe-Haven Assets and European Stock Markets before and during the Russia-Ukraine War","authors":"F. Rania","doi":"10.24018/ejbmr.2023.8.4.2018","DOIUrl":"https://doi.org/10.24018/ejbmr.2023.8.4.2018","url":null,"abstract":"Russia-Ukraine war caused u European financial system experienced unprecedented panic because of its reliance and proximity to war areas. The research aims to examine the safe-haven assets and the European stock market dynamics before and during the Russia-Ukraine war. The data spans the six months from September 23, 2021, to September 25, 2022, which are both before and during the Russia-Ukraine War. The stock indices of France, Germany, and Finland were chosen because they represent the largest economies in European Union. The findings indicate a shift in the source and direction of shocks between safe-haven assets and the European stock market before and during the war. Before the war, Finland positively influenced by gold. After the war, France, Germany, and Finland negatively influenced by gold while positively influenced by silver. Important research ramifications for comprehending how the geopolitical crisis interacts with the European financial markets.","PeriodicalId":117368,"journal":{"name":"European Journal of Business and Management Research","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122255879","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Systematic Mapping Study Brand Identification and Brand Loyalty in Scopus Database","authors":"Charity Latanza Indahsari, B. Hermanto, Tetty Herawaty","doi":"10.24018/ejbmr.2023.8.4.2021","DOIUrl":"https://doi.org/10.24018/ejbmr.2023.8.4.2021","url":null,"abstract":"This paper aims to review the latest developments and achievements in the fields of brand identification and brand loyalty. Based on this, a systematic data collection study on the Scopus database was conducted with 75 documents that met the inclusion and exclusion criteria. The results showed that publications were recorded as early as 2004 in the subject areas of business, management, and accounting. The documents were dominated by authors from the United Kingdom and the United States, and the publication medium was generally Q1. The type of document is generally researched using quantitative methods with the Evaluation Research document type, with a total of 65 documents. Furthermore, the trend of research locus is in the field of hospitality by 18.3%. And the latest year-variable reference is 2020. Although only with one database, namely Scopus, this research has revealed a research map related to brand identification and brand loyalty, which will be a reference for future research.","PeriodicalId":117368,"journal":{"name":"European Journal of Business and Management Research","volume":"18 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121848650","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Consumer Perceived Ease of Use and Consumer Perceived Usefulness in Using the Shopee Application in Surakarta with Discount as a Moderation Variable","authors":"Adityo Suryo Saksono, W. Untoro","doi":"10.24018/ejbmr.2023.8.4.2022","DOIUrl":"https://doi.org/10.24018/ejbmr.2023.8.4.2022","url":null,"abstract":"This article aims to explain the effect of perceived ease of use, perceived usefulness, attitude, intention to use, on the actual use of online shopping facilities through Shopee in Surakarta. This research is moderated by discount variable. Literature reviews were conducted by several highly reputable national and international journals including research from Zhong et al. (2021) and Gusni et al. (2020). This article uses the Technology Acceptance Model (TAM) to identify the variables used in creating the conceptual model. The research method used the structural equation model (SEM) analysis technique through SmartPLS 4. The results of the study found that there was a positive influence between perceived ease of use, perceived usefulness, attitude, intention to use, on actual use. In addition, the discount variable also moderates the relationship between perceived ease of use on attitude and attitude on intention to use, but the discount variable does not moderate the relationship between perceived usefulness on attitude and intention to use on actual use. Researchers hope that this research can add insight and help e-commerce, especially Shopee, to design effective strategies in terms of marketing to influence consumers. This research is also expected to provide theoretical and practical contributions and is expected to be used for future studies.","PeriodicalId":117368,"journal":{"name":"European Journal of Business and Management Research","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121027524","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Evaluating Performance of Libyan Banks Using Camel Model","authors":"Khalad M. S. Alrafadi","doi":"10.24018/ejbmr.2023.8.4.1949","DOIUrl":"https://doi.org/10.24018/ejbmr.2023.8.4.1949","url":null,"abstract":"Using the CAMEL model, this study compares the results of the performance of Libyan commercial banks from 2004 to 2010. The first stage of this study used the CAMEL model to assess the performance of Libyan commercial banks. Pool Ordinary Least Square was employed in the second stage. The findings demonstrated that the variables used for this study are appropriate and represent the banking ratio for locating reliable banking institutions. Additionally, the findings demonstrated that the independent factors had a significant impact on bank performance, and the hypothesis were accepted. According to the study, corporate governance should be taken into account in future research in order to analyze bank performance in Libya and obtain further results.","PeriodicalId":117368,"journal":{"name":"European Journal of Business and Management Research","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115839036","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Does Corporate Diversification Influence Market Share? Evidence from Kenyan Insurance Sector","authors":"Dolreen K Murithi, Winnie I. Nyamute, Herick O Ondigo, D. Ochieng","doi":"10.24018/ejbmr.2023.8.4.1680","DOIUrl":"https://doi.org/10.24018/ejbmr.2023.8.4.1680","url":null,"abstract":"Insurance industry is among the large investors in the financial markets that play a key role of stabilizing financial systems. The industry acts as a growing link between insurers and other financial intermediaries by safeguarding the financial security of households and firms through insurance of risks, provision of long -term capital and overall stability of an economy. Global corporate failure has not spared the insurance industry at regional and local levels which has triggered insurance companies to opt for diversification to expand their markets, enhance returns and survival. This study examines corporate diversification-market share link in the Kenyan insurance sector. The study employs entropy index to measure corporate diversification, and market share as indicator for performance. The study is anchored on modern portfolio theory and supported theory of organizational effectiveness. The target population comprises fifty-six insurance firms in Kenya. Secondary data was collected from published account and company accounts filled at the insurance regulatory authority. Market share was computed as the percentage of gross written premium (GWP) for each company in relation to total industry GWP between the years 2016 and 2020. This study adopted a descriptive research design. Preliminary statistical tests undertaken include descriptive statistics such as the mean, standard deviation, skewness and kurtosis. Correlation analysis was done to test the direction of the relationships while regression analysis was used to test the hypotheses. The study findings established that corporate diversification has a significant influence on market share. From the empirical findings of this study, companies that have ventured into more lines of business have reported higher entropy index than those with fewer lines of products and perform well thus managers of insurance companies should focus on creation and selling more appealing products and improve on penetration to the large untapped market. Future research can be extended to contexts within the developing economies category and other financial service sectors and non-financial sectors by evaluating the diversification index that is well suited to them that would provide more insights into the relationships.","PeriodicalId":117368,"journal":{"name":"European Journal of Business and Management Research","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134608828","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Mediating Role of Job Satisfaction and Organizational Commitment in Influencing Entrepreneurial Orientation, Compensation Structure, Organizational Culture on Employee Performance","authors":"Miftahul Haq Ibnu Muhtar, Salamah Wahyuni","doi":"10.24018/ejbmr.2023.8.3.1993","DOIUrl":"https://doi.org/10.24018/ejbmr.2023.8.3.1993","url":null,"abstract":"The purpose of this paper is to explain the effect of organizational orientation, compensation structure and organizational culture on employee performance in driving job satisfaction and organizational commitment. A literature review was conducted to determine the variables that make up the conceptual model. The expected results are a positive correlation between compensation structure and organizational commitment and job satisfaction, as well as the mediating role of organizational commitment on organizational alignment and employee performance, the mediating role of organizational commitment on compensation structure and employee performance, job satisfaction on compensation structure and employee performance, the mediating role of job satisfaction on organizational culture and employee performance. This study explains whether compensation structure, organizational commitment, organizational culture, and job satisfaction can change the way employees work better in an organization. The researcher hopes that this study can understand the importance of compensation structure on employee performance for the company. This paper is also expected to provide theoretical and practical input and potentially be used in future research.","PeriodicalId":117368,"journal":{"name":"European Journal of Business and Management Research","volume":"112 4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129351879","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Scenario Planning in Selecting Contract Strategy Scheme to Achieve OTOBOSOROR (On Time, On Budget, On Specification, On Regulation, and On Return) Target in PT Kilang Pertamina International","authors":"U. Putro, Minaco Rino","doi":"10.24018/ejbmr.2023.8.3.1987","DOIUrl":"https://doi.org/10.24018/ejbmr.2023.8.3.1987","url":null,"abstract":"Indonesia as developing countries, continues to implement various strategic action to increase economic activities through infrastructure development named National Strategic Project (PSN) that are deemed to be strategically important and must be completed quickly. To fulfill the PSN, PT KPI has ultimate goal namely OTOBOSOROR (On Time, On Budget, On Schedule, On Regulation, On Return) where there are still many project delays, cost overrun or under specification. Therefore, one of the main goals of the project is a fast-tracking strategy in developing projects to achieve earlier project completion with lower Capex and meet owner specification. However, in fast-track projects, starting an activity without comprehensive data and knowledge entails additional risks and uncertainties than in typical project. Therefore, the author will assess appropriate scenario planning for future contract strategy scheme to achieve OTOBOSOROR target by exploring the internal organization as well as the external environment using McKinsey’s 7S and PESTEL. Then, scenario planning analysis will be conducted where’s ten driving forces are identified and analyzed. Four scenarios are created from crucial uncertainties by combining the important variables of project scheduling and project cost. Implications and options are arranged for the respective scenario. At the end this study proposes Design Build Competition (DBC) contract strategy concept to complete the fast-tracking strategy, reduce project costs and maintain owner specification. However before initiating an activity, PT KPI should manage all risks and uncertainties in fast-track initiatives to avoid potential events that are not beneficial for future PT KPI projects.","PeriodicalId":117368,"journal":{"name":"European Journal of Business and Management Research","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122224895","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}