Business: Theory and Practice最新文献

{"title":"PREDICTING FRAUDULENT FINANCIAL STATEMENT USING CASH FLOW SHENANIGANS","authors":"Tarjo Tarjo, Prasetyono Prasetyono, Eklamsia Sakti, Pujiono, Yusarina Mat-Isa, Otniel Safkaur","doi":"10.3846/btp.2023.15283","DOIUrl":"https://doi.org/10.3846/btp.2023.15283","url":null,"abstract":"Detection of fraudulent financial stewardship in the cash flow section is an exciting thing and is rarely studied. This research empirically tests the discovery of fraudulent financial statements based on basic cash flow shenanigans. The sample of this study amounted to 470 data mining companies in Indonesia, Malaysia, China, and Japan. The analysis method used is a positive approach. The results show that all ratios used can predict fraudulent financial statements. Three ratios of cash flow shenanigans, namely change in receivable to cash flow operations, days payable outstanding, and change in inventory to cash flow operations, significantly affect the F-Score. Meanwhile, the six cash flow shenanigans ratios, namely cash flow operations to current liability, operating cash flow ratio, free cash flow, cash flow operations to total liability, days payable outstanding, and change in inventory to cash flow operations, have a significant effect on the M-Score.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44235083","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 URGENCY OF FOREIGN DIRECT INVESTMENT IN MICRO, SMALL, AND MEDIUM ENTERPRISES FINANCING FRAMEWORK: THE CASE OF INDONESIA","authors":"M. Kaukab","doi":"10.3846/btp.2023.16930","DOIUrl":"https://doi.org/10.3846/btp.2023.16930","url":null,"abstract":"This research aims to check whether the rate of production growth in the MSME sectors open to foreign direct investment (FDI) was lower than in the closed MSME sectors before the policy in 2016 and whether the growth rate of the open MSME sectors’ production lower than the closed MSME sectors after the policy in 2016. The study covers a period of 9 years from 2011 to 2020 based on the data from Indonesian Statistics Bureau. Data used was industrial sectors’ performance, classified into closed and open for FDI sectors. The classification is defined based on Presidential Regulation No. 44 of 2016. In total there are 13 closed and 10 open sectors. We analyse the data using t-test analysis between closed and open FDI industrial sectors. The results of the study found that the performance of open MSMEs was significantly lower than the performance of closed MSMEs, both before and after the liberalization. Therefore, the government must relax the requirements given to investors to invest in open MSMEs.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41619769","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 BRAND SOCIAL MEDIA MARKETING ON THE DYNAMICS OF THE COMPANY’S SHARE VALUE","authors":"D. Fayvishenko, Liudmyla Cherniavska, I. Bondarenko, Tetiana Sashchuk, I. Sypchenko, N. Lebid","doi":"10.3846/btp.2023.17117","DOIUrl":"https://doi.org/10.3846/btp.2023.17117","url":null,"abstract":"The aim of the study was to determine the impact of brand social media marketing on the dynamics of the company’s share value. Methods of analysis and synthesis were used to determine the features of the implementation of the brand advertising campaign in social media. The economics and statistics analysis were used to analyse the costs of social media marketing (SMM) of the brands of global companies – leaders in market capitalization of shares, as well as to determine the capitalization level. The monographic method is used for a comprehensive and in-depth study of social media marketing, the causal links between the implementation of the advertising campaign and the overall performance of companies. The essence and importance of social media in the promotion of modern brands are studied considering the results of research and practice of global companies. The advantages of social media marketing activities of companies for brand promotion in the context of increasing the company’s value are identified, which include: increasing brand awareness; increasing the level of conversion and increasing the number of potential customers; direct communication with the target audience; coverage of the target audience which is not covered by traditional types of advertising. The dynamics of expenditures on social media marketing of global brands, as well as the dynamics of the cost of market capitalization of global companies were studied. An econometric regression model was developed to determine the quantitative impact of the costs of global brand social media marketing on the market value of shares of global companies. It was found that with an increase of $ 1 billion in spending on brand social media marketing, the cost of market capitalization of companies’ shares increases by an average of $ 1,445,947. Prospects for further research are to find new and increase the effectiveness of existing methods of brand social media marketing in order to maintain a stable competitive position and gain new competitive advantages.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42621453","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 EMPLOYEE EMPOWERMENT ON CONTINUOUS IMPROVEMENT OF HEALTH CARE: AN EMPIRICAL AND COMPARATIVE STUDY BETWEEN HOSPITALS","authors":"Salameh Radwan Al-rjoub, B. Aldiabat, Fatima lahcen Yachou Ait Yassine","doi":"10.3846/btp.2023.16667","DOIUrl":"https://doi.org/10.3846/btp.2023.16667","url":null,"abstract":"The study has been aimed to know the impact of Employee Empowerment on CI of health care between hospitals (government and private). The required data for the purpose of this study were collected by a questionnaire designed on the basis of related practices. It consisted of 73 items divided into two domains, the first one to measure employee empowerment practices (37 items), and the second one to measure CI practices (36 items). The study sample was applied to the (326) respondents; The total number of respondents from hospitals was 326; That is, 76% of the total number of the target group, which is (431) respondents, with a response rate of 96%, which is high percent because the researcher distributed the questionnaires personally. Using IBM SPSS and a comparative descriptive-analytical approach. Three themes emerged from the respondents’ trends. First, the existence of employee empowerment application in government hospitals was moderately level, and in private hospitals was in a high level, and also the existence of CI application in government hospitals was in a low level, and in private hospitals was in a high level. Second, there is a strong correlation between employee empowerment and CI of health care in hospitals (government, private). Third, there is statistically significant impact at the level (α ≤ 0.05) of the Employee empowerment on CI of health care whether the dimensions of CI are combined or fragmented in hospitals. The limitation of this study was in fixed bureaucracy structure in governmental hospitals and competitiveness issues in private hospitals. The study dealt with a dependent variable that was rarely studied by previous Arab studies and also rarely comparative study between profit and nonprofit hospitals.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42733069","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":"LINKAGES NASCENT ENTREPRENEURSHIP AND KNOWLEDGE QUALITY RESONANCE: EXPLORE VOLUNTARY CO-CREATION FROM SERVICE DOMINANT LOGIC","authors":"Agustinus Moonti, Roymon Panjaitan, Echan Adam, Astil Harli Roslan","doi":"10.3846/btp.2023.14912","DOIUrl":"https://doi.org/10.3846/btp.2023.14912","url":null,"abstract":"This research aims to explore a new conceptual model capable of filling the research gap on the experience of nascent entrepreneurs and the quality of knowledge resonance, which centered on exploring voluntary co-creation of shared value. Data were obtained from the experience of 232 start-up multisectoral companies in Java Island, Indonesia.The findings of this study contribute empirically and practically to the knowledge needed to investigate the creation of shared value. The results showed that the direct impact experienced by nascent entrepreneurs is negatively correlated, while the relationship associated with quality resonance of knowledge to the performance of business innovation is positive. Secondly,the concept of the model is proven by the high willingness to explore voluntary co-creation from service-dominant logic to bridge the negative correlation gap of the experience of nascent entrepreneurs. Thirdly, the direct impact led to the voluntary creation of shared value complements with limitations on the dominant service logic of the optional co-production into a co-creation concept called value-in-use. This model instils an attitude on the importance of voluntary exploring co-creation of high nascent entrepreneur experience and the quality knowledge resonance.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48284271","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":"IDEA MANAGEMENT CANVAS: BIG PICTURE OF WEB-BASED IDEA MANAGEMENT MODELS","authors":"Elīna Miķelsone, J. Segers","doi":"10.3846/btp.2022.16916","DOIUrl":"https://doi.org/10.3846/btp.2022.16916","url":null,"abstract":"Idea management process speeds up the innovation process by providing a systematic and manageable way of generating ideas vital to continues improvement and development within an organisation. There are many web-based tools that can support organisations with their idea management process. Based on the reviewed literature, currently there is no general model in literature that would support organisations in their idea management process based on the context. In this paper, authors describe the different idea management models based on the canvas model to account for the multidimensional context of web-based idea management systems. In prior research, authors have explored and identified the different idea management systems application types based on the different idea management systems classification types developed from the traditional business model canvas model. In this research, authors answer the following questions: What classifications based on the business model canvas could be created for idea management systems application, and how do these types manifest in real life? It is question that is identified a differences in the results, but form practical perspective understanding of different types could help for enterprises to choose the most appropriate one, but for IMS developers to enrich the types of IMS they are creating. In the literature there is only few attempt to classify IMS. Authors use the following research methods: a literature review (data collection: systematic data collection from scientific databases; data analysis: content analysis). Case study comprising data from over 100 enterprises with web-based idea management systems experience (data collection: case studies; data analysis: content analysis). To verify results 10 expert interviews were conducted. As a result, this research unlocks new value for idea management systems users and developers, as it shows the different idea management systems application types based on a specific business model canvas aspect. This resulted in the creation of 9 idea management systems classifications.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49562669","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":"WORKPLACE INNOVATION: A SEARCH FOR ITS DETERMINANTS THROUGH A SYSTEMATIC LITERATURE REVIEW","authors":"Leonor Almeida, A. Moreira","doi":"10.3846/btp.2022.14928","DOIUrl":"https://doi.org/10.3846/btp.2022.14928","url":null,"abstract":"Workplace innovation (WPI) plays an important role at the institutional level, enabling firms to improve their competitive advantage. However, it remains an under-researched theme. The purpose of this paper is to extend current knowledge of the mechanisms that facilitate innovations in the workplace, identifying the main determinants that leverage WPI, based on a systematic literature review (SLR). An SLR has been carried out in order to determine the main determinants of WPI. The main topics are analyzed, and then the determinants derived inductively. WPI is depicted as a wide array of topics (38) that may be clustered around five different determinants that are transverse and intertwined. This research contributes by filling the gap regarding WPI. It combines five main determinants and provides important insights into possible avenues for the research of WPI.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-12-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43798717","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":"BRAND POSITIONING STRATEGY IN THE COMPETITIVE ASPECT","authors":"Lidija Kraujalienė, Saulius Kromalcas","doi":"10.3846/btp.2022.17223","DOIUrl":"https://doi.org/10.3846/btp.2022.17223","url":null,"abstract":"A new brand for an organization is inseparable from organizational identity. The aim of the research is to investigate the positioning strategy in terms of competitiveness and visitors of Kaunas District Public Library (KDPL). Research methodology: analysis of scientific literature and statistical data, staff survey, SWOT analysis. Main findings: the flow of visitors of KDPL in the period of 2018–2020 has decreased by a quarter, the user portrait consists of 5 user groups (employed, studying, pre-school children, unemployed persons and others), the number of library users by gender did not change, 70% consists of women, attendance of four user groups decreased or remained virtually unchanged, when the amount of employed users increased by about 16 percent. SWOT analysis has shown the absence of a brand positioning strategy. Qualitative study of the library competitors users’ needs and expectations can be analysed further. The local position of KDPL’s has shown the potential to grow up in Kaunas city. The originality of the paper covers individualized research on a brand positioning strategy of public sector organization, while the available research has been carried out on private branding. The current research will be useful for KDPL and other public organisations.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47470731","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":"GENDER DIFFERENCES IN THE IMPACT OF LEADER-MEMBER EXCHANGE QUALITY ON JOB EMBEDDEDNESS AND TURNOVER INTENTION","authors":"T. Wahyudi, Hendryadi Hendryadi, D. A. Iskandar, S. Suryani, Deni Gustiawan","doi":"10.3846/btp.2022.13422","DOIUrl":"https://doi.org/10.3846/btp.2022.13422","url":null,"abstract":"This study aims to explore the gender differences in the relationships between leader-member exchange (LMX), job embeddedness, and turnover intention. Hypotheses formulation was conducted by integrating conservation of resources (COR) theory and social role theory, and data were collected from 462 respondents who were employed in various sectors in Indonesia. Data analyses included confirmatory factor analysis to evaluate the measurement model, followed by mediation-moderation analysis by using the PROCESS macro. As hypothesized, LMX showed a positive impact on job embeddedness and a negative impact on turnover intention. Job embeddedness was negatively associated with turnover intention, partially mediating the relationship between LMX quality and turnover intention. This study showed that gender moderated the relationships between LMX, job embeddedness, and turnover intention; this was particularly evident in the female participants. This study contributes to the literature on the significance of LMX quality and job embeddedness by exploring gender-specific roles, thus strengthening the existing knowledge base.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-12-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43064146","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":"TO BE OR NOT TO BE A PLATFORM WORKER? LITHUANIAN CASE IN THE CONTEXT OF EU COUNTRIES","authors":"Rasa Miežienė, I. Blažienė, Boguslavas Gruževskis","doi":"10.3846/btp.2022.17229","DOIUrl":"https://doi.org/10.3846/btp.2022.17229","url":null,"abstract":"The first wave of the COVID-19 pandemic, which peaked in 2020, and the unprecedented demand for home delivery services have led to the growth of platform work in many countries all over the world. The article analyses the situation of platform workers in the Lithuania’s labour market in the context of other EU countries. The paper presents the findings of a survey of platform workers carried out to define the social-economic picture of platform workers and identify their attitudes towards platform work in Lithuania. The survey has shown that the labour market situation of platform workers in Lithuania follows trends similar to other European countries in terms of socio-demographic characteristics, preferences and challenges. Slightly more significant differences between EU countries and Lithuania can be observed when analysing platform workers’ working time and earnings.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-12-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42264928","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}