Through investment in scientific, technological, and innovation activities and investment in computer equipment and communication, organizations try to create a strategy that helps them establish a better innovation performance. Mainly when these organizations are from the manufacturing industry, but the real challenge is how to connect these investments with a political of permanent employment that allows creating a good environment to create and innovate with employees willing to give their experience and knowledge to develop the best products and services. In this analysis, the relationship between investment in scientific, technological, and innovation activities, computer equipment and communications, and hiring permanent human resources are tested, with a sample of 6284 companies in 33 subsectors, a multivariate analysis using regression method and SPSS software was carried out. This paper contributes to the resources and dynamic capability view, describing how investment in innovation can help create permanent human resources that improve the innovation cycle and develop capabilities in human resources to improve innovation performance. Implications for industries and management policy are described, and possible future studies on this subject.
{"title":"INNOVATION INVESTMENT AND ITS IMPACT ON PERMANENT EMPLOYMENT","authors":"I. M. V. Osorio","doi":"10.3846/btp.2023.17263","DOIUrl":"https://doi.org/10.3846/btp.2023.17263","url":null,"abstract":"Through investment in scientific, technological, and innovation activities and investment in computer equipment and communication, organizations try to create a strategy that helps them establish a better innovation performance. Mainly when these organizations are from the manufacturing industry, but the real challenge is how to connect these investments with a political of permanent employment that allows creating a good environment to create and innovate with employees willing to give their experience and knowledge to develop the best products and services. In this analysis, the relationship between investment in scientific, technological, and innovation activities, computer equipment and communications, and hiring permanent human resources are tested, with a sample of 6284 companies in 33 subsectors, a multivariate analysis using regression method and SPSS software was carried out. This paper contributes to the resources and dynamic capability view, describing how investment in innovation can help create permanent human resources that improve the innovation cycle and develop capabilities in human resources to improve innovation performance. Implications for industries and management policy are described, and possible future studies on this subject.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42961945","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}
Organizations can use enterprise risk management disclosures to share financial and non-financial risk information with external stakeholders. Chief Executive Officer (CEO) has a key role in enterprise risk management. This study examines the relationship between Indonesian CEOs’ characteristics and enterprise risk management disclosure. Purposive sampling is the basis for the process of gathering samples from the population. The research was conducted in 2020 and consisted of 475 non-financial Indonesian companies that were listed on the Indonesian Stock Exchange. The findings of previously released annual reports may be found on the websites of both the Indonesia Stock Exchange and individual companies. These secondary sources were used to compile the study data. The ISO framework index 31000:2018 is utilized to evaluate the Enterprise risk management (ERM) disclosure. Eviews10’s implementation of multiple regression serves as the basis for the analysis. The findings indicate that CEO overconfidence and CEO tenure influence enterprise risk management disclosure, while CEO financial expertise and CEO gender did not have an effect on enterprise risk management disclosure. The innovation of this research is investigating CEOs’ characteristics by psychological characteristics, namely CEO overconfidence and measurement of ERM disclosure based on the ISO 31000:2018 framework which is the latest standard of risk management.
{"title":"ENTERPRISE RISK MANAGEMENT DISCLOSURE AND CEO CHARACTERISTICS: AN EMPIRICAL STUDY OF GO PUBLIC COMPANIES IN INDONESIA","authors":"Rina Trisnawati, Susilaningdyah Mustikawati, Noer Sasongko","doi":"10.3846/btp.2023.18505","DOIUrl":"https://doi.org/10.3846/btp.2023.18505","url":null,"abstract":"Organizations can use enterprise risk management disclosures to share financial and non-financial risk information with external stakeholders. Chief Executive Officer (CEO) has a key role in enterprise risk management. This study examines the relationship between Indonesian CEOs’ characteristics and enterprise risk management disclosure. Purposive sampling is the basis for the process of gathering samples from the population. The research was conducted in 2020 and consisted of 475 non-financial Indonesian companies that were listed on the Indonesian Stock Exchange. The findings of previously released annual reports may be found on the websites of both the Indonesia Stock Exchange and individual companies. These secondary sources were used to compile the study data. The ISO framework index 31000:2018 is utilized to evaluate the Enterprise risk management (ERM) disclosure. Eviews10’s implementation of multiple regression serves as the basis for the analysis. The findings indicate that CEO overconfidence and CEO tenure influence enterprise risk management disclosure, while CEO financial expertise and CEO gender did not have an effect on enterprise risk management disclosure. The innovation of this research is investigating CEOs’ characteristics by psychological characteristics, namely CEO overconfidence and measurement of ERM disclosure based on the ISO 31000:2018 framework which is the latest standard of risk management.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46896074","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}
The objective of this paper is to examine the effect of personality, perceptions of the organizational environment, and characteristics of violations on the whistleblowing intention in educational institutions. This study is expected to contribute to the management of higher education to protect their organization from fraud. Personality variable has three proxies, namely perceptions of reporting costs, locus of control, and organizational commitment. The organizational environment perception has 3 proxies, namely the perception of the internal control system, organizational climate and organizational support, while the characteristics of fraud are proxied by the status of the violation and the seriousness of the violation. The participants of this study were lecturers in universities in Semarang. The data were collected from the surveys using random sampling method. Questionnaires on whistleblowing were distributed to lecturers and we get 100 participants. The data was processed use a multiple linear regression with SPSS software. The result of this study showed that the organizational climate and the seriousness of the violation positively affected the whistleblowing intention. Meanwhile, the organizational commitment, perception of the cost of violations, internal locus of control, organizational support, the internal control system and the status of the violation did not significantly affect the whistleblowing intention.
{"title":"COULD PERSONALITY, CHARACTERISTICS OF VIOLATIONS, AND PERCEPTIONS OF THE ORGANIZATIONAL ENVIRONMENT BE A FACTOR DRIVING THE WHISTLEBLOWING INTENTION?","authors":"T. Hastuti, Stefani Lily Indarto, Gita Claudia","doi":"10.3846/btp.2023.17371","DOIUrl":"https://doi.org/10.3846/btp.2023.17371","url":null,"abstract":"The objective of this paper is to examine the effect of personality, perceptions of the organizational environment, and characteristics of violations on the whistleblowing intention in educational institutions. This study is expected to contribute to the management of higher education to protect their organization from fraud. Personality variable has three proxies, namely perceptions of reporting costs, locus of control, and organizational commitment. The organizational environment perception has 3 proxies, namely the perception of the internal control system, organizational climate and organizational support, while the characteristics of fraud are proxied by the status of the violation and the seriousness of the violation. The participants of this study were lecturers in universities in Semarang. The data were collected from the surveys using random sampling method. Questionnaires on whistleblowing were distributed to lecturers and we get 100 participants. The data was processed use a multiple linear regression with SPSS software. The result of this study showed that the organizational climate and the seriousness of the violation positively affected the whistleblowing intention. Meanwhile, the organizational commitment, perception of the cost of violations, internal locus of control, organizational support, the internal control system and the status of the violation did not significantly affect the whistleblowing intention.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-08-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43474051","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}
A. Shametova, K. Tazhibekova, V. Biryukov, O. Mazanova
This study aimed to develop a methodological approach to assessing the major directions for introducing new supply chain management (SCM) methods to improve the industrial enterprises’ productivity during the COVID-19 pandemic and test the developed approach at enterprises in the real economy related to Russia, Kazakhstan, and Azerbaijan. To this end, a comprehensive research project needed to be implemented to assess the main prospects for implementing new SCM practices. The objective was to boost the productivity of the enterprises in the context of the pandemic and identify the main problems hindering the sustainable development of such chains. The testing identified the principal characteristics of supply chains amidst the pandemic, namely reliability (30 experts spoke in favor), resilience (22), and economy (19). At the same time, a sharp decrease was observed concerning the interest in the enterprises’ supply chains optimization (7 experts), flexibility (6), efficiency (2), and environmental friendliness (4). The most promising technologies for the development of supply chains, according to the results of the study, should be considered the Internet of things (µ = 3.8), additive manufacturing (3D printing) (µ = 3.77), big data analytics (µ = 3.73), and blockchain and virtual reality (µ = 3.6 each).
{"title":"IMPLEMENTING NEW SUPPLY CHAIN MANAGEMENT PRACTICES TO IMPROVE INDUSTRIAL PRODUCTIVITY AMID THE COVID-19 PANDEMIC","authors":"A. Shametova, K. Tazhibekova, V. Biryukov, O. Mazanova","doi":"10.3846/btp.2023.16827","DOIUrl":"https://doi.org/10.3846/btp.2023.16827","url":null,"abstract":"This study aimed to develop a methodological approach to assessing the major directions for introducing new supply chain management (SCM) methods to improve the industrial enterprises’ productivity during the COVID-19 pandemic and test the developed approach at enterprises in the real economy related to Russia, Kazakhstan, and Azerbaijan. To this end, a comprehensive research project needed to be implemented to assess the main prospects for implementing new SCM practices. The objective was to boost the productivity of the enterprises in the context of the pandemic and identify the main problems hindering the sustainable development of such chains. The testing identified the principal characteristics of supply chains amidst the pandemic, namely reliability (30 experts spoke in favor), resilience (22), and economy (19). At the same time, a sharp decrease was observed concerning the interest in the enterprises’ supply chains optimization (7 experts), flexibility (6), efficiency (2), and environmental friendliness (4). The most promising technologies for the development of supply chains, according to the results of the study, should be considered the Internet of things (µ = 3.8), additive manufacturing (3D printing) (µ = 3.77), big data analytics (µ = 3.73), and blockchain and virtual reality (µ = 3.6 each).","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-08-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45706761","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}
To make good decisions, employees must manage their own intuitions and be able to anticipate decision-making in their work environment. How well this is accomplished has significant consequences for the workplace. A closer examination indicates that individuals utilize various types of intuition. People’s work context is frequently omitted from studies on the use of intuition, resulting in a literature that omits vital aspects of decision-making. To assist applicable research in the workplace, our contribution to the management literature is a comprehensive overview of intuitive decision-making types. Current psychological assessment scales constitute a mature discipline, but they frequently lack the professional applications needed in business administration and economics. Considering this, the primary objective of this article is to assemble and assess many types of intuition and combine them into a new lens for research in the theory and practice of business using a multidimensional approach. It is comprised of rational choice theory, classical intuitive decision making, emotional decisions (gut feelings), fast heuristic decisions, unconscious thought, and anticipation. The overview of several scientifically proven measuring scales produces a theoretical foundation for future empirical study in business administration and economics based on these findings.
{"title":"DIFFERENT TYPES OF INTUITION AT THE WORKPLACE: AN INTEGRATIVE REVIEW","authors":"Frithiof Svenson, P. Pietrzak, M. Launer","doi":"10.3846/btp.2023.16733","DOIUrl":"https://doi.org/10.3846/btp.2023.16733","url":null,"abstract":"To make good decisions, employees must manage their own intuitions and be able to anticipate decision-making in their work environment. How well this is accomplished has significant consequences for the workplace. A closer examination indicates that individuals utilize various types of intuition. People’s work context is frequently omitted from studies on the use of intuition, resulting in a literature that omits vital aspects of decision-making. To assist applicable research in the workplace, our contribution to the management literature is a comprehensive overview of intuitive decision-making types. Current psychological assessment scales constitute a mature discipline, but they frequently lack the professional applications needed in business administration and economics. Considering this, the primary objective of this article is to assemble and assess many types of intuition and combine them into a new lens for research in the theory and practice of business using a multidimensional approach. It is comprised of rational choice theory, classical intuitive decision making, emotional decisions (gut feelings), fast heuristic decisions, unconscious thought, and anticipation. The overview of several scientifically proven measuring scales produces a theoretical foundation for future empirical study in business administration and economics based on these findings.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-08-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45137289","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}
The article analyzes the growth of opportunities for the production of petrochemical products in the Republic of Kazakhstan. The article analyzes the dynamics of global demand for basic petrochemical products over the past 15 years. The aim of the article is to represent the effectiveness of the project on organizing the production of petrochemical products – polypropylene. The objective of the work is to highlight the characteristics of the possibilities of polypropylene production in Kazakhstan (availability of capacities, raw materials, and transport accessibility to world markets). The ways of using polypropylene in the national economy are substantiated. The analysis of the world demand for polypropylene, the structure of its consumption and production in the context of world economic regions, is considered the main world importers and exporters of polypropylene. The effectiveness of the implementation of the investment project to organize the production of polypropylene in Kazakhstan is presented in the form of a predictive analysis of the supply of marketable products to the markets of individual countries: Turkey, Western, Southern and Eastern Europe, China, the Russian Federation. The article also describes the strengths and weaknesses, potential opportunities and risks of the project for the production, sale and export of Kazakhstani polypropylene.
{"title":"INVESTING IN DIVERSIFICATION: OIL INDUSTRY OF KAZAKHSTAN","authors":"Sagat S. Makhanov, U. Shalbolova, Yevgeniy G. Kim","doi":"10.3846/btp.2023.16823","DOIUrl":"https://doi.org/10.3846/btp.2023.16823","url":null,"abstract":"The article analyzes the growth of opportunities for the production of petrochemical products in the Republic of Kazakhstan. The article analyzes the dynamics of global demand for basic petrochemical products over the past 15 years. The aim of the article is to represent the effectiveness of the project on organizing the production of petrochemical products – polypropylene. The objective of the work is to highlight the characteristics of the possibilities of polypropylene production in Kazakhstan (availability of capacities, raw materials, and transport accessibility to world markets). The ways of using polypropylene in the national economy are substantiated. The analysis of the world demand for polypropylene, the structure of its consumption and production in the context of world economic regions, is considered the main world importers and exporters of polypropylene. The effectiveness of the implementation of the investment project to organize the production of polypropylene in Kazakhstan is presented in the form of a predictive analysis of the supply of marketable products to the markets of individual countries: Turkey, Western, Southern and Eastern Europe, China, the Russian Federation. The article also describes the strengths and weaknesses, potential opportunities and risks of the project for the production, sale and export of Kazakhstani polypropylene.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-08-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47022264","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}
Etty Indriani, N. Irawan, Hartawan Hartawan, Yenni Khristiana
The Community Empowerment Trust Fund is a revolving fund belonging to the community originating from the former Sub-District Development Program and the National Program for Independent Rural Community Empowerment in Indonesia which ended in 2014. Community institutions then manage the Community Empowerment Trust Fund to fund community economic activities in the form of group loans. The group lending model is a financial inclusion that reaches the poor who do not have collateral. These funds have been managed well with the group loan model. However, the success of managing these funds cannot be separated from the social capital built between group members and between the group and the fund management unit. This study aims to examine the management of the borrower group – group internal setting; group loan appraisal and group loan control – and social capital on repayment performance. The study results prove that group lending appraisal, group lending control, and social capital positively impact repayment capacity. The research finding is social capital strengthens group lending control dynamics to increase repayment capacity. Another finding explains that women’s loan groups have a higher collectability rate in repayment of loans compared to productive economic business groups whose members are both male and female.
{"title":"INCREASING SOLVENCY BY MODERATING SOCIAL CAPITAL: A STUDY ON GROUP LENDING MODEL FROM COMMUNITY EMPOWERMENT TRUST FUND – INDONESIA","authors":"Etty Indriani, N. Irawan, Hartawan Hartawan, Yenni Khristiana","doi":"10.3846/btp.2023.16735","DOIUrl":"https://doi.org/10.3846/btp.2023.16735","url":null,"abstract":"The Community Empowerment Trust Fund is a revolving fund belonging to the community originating from the former Sub-District Development Program and the National Program for Independent Rural Community Empowerment in Indonesia which ended in 2014. Community institutions then manage the Community Empowerment Trust Fund to fund community economic activities in the form of group loans. The group lending model is a financial inclusion that reaches the poor who do not have collateral. These funds have been managed well with the group loan model. However, the success of managing these funds cannot be separated from the social capital built between group members and between the group and the fund management unit. This study aims to examine the management of the borrower group – group internal setting; group loan appraisal and group loan control – and social capital on repayment performance. The study results prove that group lending appraisal, group lending control, and social capital positively impact repayment capacity. The research finding is social capital strengthens group lending control dynamics to increase repayment capacity. Another finding explains that women’s loan groups have a higher collectability rate in repayment of loans compared to productive economic business groups whose members are both male and female.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-07-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49603432","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}
This research presents a comparison of the impact of personal and environmental factors on the entrepreneurial intention of students living in Baltic Sea region countries. Data on students’ intentions to start their own businesses was obtained from 10054 respondents studying in Estonia, Finland, Lithuania, Poland, and Sweden by implementing Global University Entrepreneurial Spirit Students’ Survey (GUESSS) in 2021. Data analysis was conducted using modified Krueger’s (2009) entrepreneurial intention model based on the Theory of Planned Behaviour (TPB). Six hypotheses were tested using the data received from all respondents and the data of individual sub-samples broken down by gender, level of study, the field of study, and country of residence. A positive relationship with students’ entrepreneurial intentions was clarified and the selected hypotheses were proved by analysing all variables of all sub-samples, except for three in the case of Lithuania and two in the case of Sweden and Finland due to insufficient level of statistical significance.
{"title":"FACTORS INFLUENCING ENTREPRENEURIAL INTENTIONS AMONG THE STUDENTS IN THE BALTIC SEA REGION COUNTRIES","authors":"Linas Stabingis, A. Raupelienė","doi":"10.3846/btp.2023.18948","DOIUrl":"https://doi.org/10.3846/btp.2023.18948","url":null,"abstract":"This research presents a comparison of the impact of personal and environmental factors on the entrepreneurial intention of students living in Baltic Sea region countries. Data on students’ intentions to start their own businesses was obtained from 10054 respondents studying in Estonia, Finland, Lithuania, Poland, and Sweden by implementing Global University Entrepreneurial Spirit Students’ Survey (GUESSS) in 2021. Data analysis was conducted using modified Krueger’s (2009) entrepreneurial intention model based on the Theory of Planned Behaviour (TPB). Six hypotheses were tested using the data received from all respondents and the data of individual sub-samples broken down by gender, level of study, the field of study, and country of residence. A positive relationship with students’ entrepreneurial intentions was clarified and the selected hypotheses were proved by analysing all variables of all sub-samples, except for three in the case of Lithuania and two in the case of Sweden and Finland due to insufficient level of statistical significance.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43829891","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}
This study examines the effect of related party transactions (RPTs) on pretax profit margin (PPM). It analyzes the moderating effect of audit quality and firm size based on a large panel of Indonesian-listed firms. The sample of three representative business groups from 2010–2021 and analysis uses the Generalized Method of Moments (GMM) estimator to control PPM as a proxy of taxable income. We document that this study finds that PPM(t-1) and RPT Sales negatively impact and are significant on firms’ PPM, consistent with the incentive alignment hypothesis. However, RPTs, RPT Loan, and RPT Receivables affect positively. We also find that audit quality strengthens the impact of RPT Loan and RPT Receivables on the PPM negatively and positively significantly; however weakens RPTs, RPT Sales, and RPT Expenses. Moreover, firm size weakens the effect RPTs on PPM. RPTs and tax avoidance are complex and multifaceted phenomena of corporate finance. Additional business groups and variables may have moderating and mediating effects on the impact of taxable income on the business group. Stakeholders, especially the government, should supervise and control RPTs activities comprehensively, especially on the types of RPT Sales and RPT Expenses transactions. The paper offers two contributions. First, it gathers the first evidence on the taxable income and RPTs practices and offers insights into Indonesia’s business group behavior. Second, the analysis examines eleven years considering the sensitivity of audit quality and firm size to RPTs and pretax profit margin.
{"title":"MODERATING ROLE OF AUDIT QUALITY AND FIRM SIZE ON PRETAX PROFIT MARGIN AND RELATED PARTY TRANSACTIONS: EVIDENCE FROM INDONESIA","authors":"Perdana Wahyu Santosa, Sovi Ismawati Rahayu, Zainal Zawir Simon, Pramesti Wulandari Santoso","doi":"10.3846/btp.2023.17946","DOIUrl":"https://doi.org/10.3846/btp.2023.17946","url":null,"abstract":"This study examines the effect of related party transactions (RPTs) on pretax profit margin (PPM). It analyzes the moderating effect of audit quality and firm size based on a large panel of Indonesian-listed firms. The sample of three representative business groups from 2010–2021 and analysis uses the Generalized Method of Moments (GMM) estimator to control PPM as a proxy of taxable income. We document that this study finds that PPM(t-1) and RPT Sales negatively impact and are significant on firms’ PPM, consistent with the incentive alignment hypothesis. However, RPTs, RPT Loan, and RPT Receivables affect positively. We also find that audit quality strengthens the impact of RPT Loan and RPT Receivables on the PPM negatively and positively significantly; however weakens RPTs, RPT Sales, and RPT Expenses. Moreover, firm size weakens the effect RPTs on PPM. RPTs and tax avoidance are complex and multifaceted phenomena of corporate finance. Additional business groups and variables may have moderating and mediating effects on the impact of taxable income on the business group. Stakeholders, especially the government, should supervise and control RPTs activities comprehensively, especially on the types of RPT Sales and RPT Expenses transactions. The paper offers two contributions. First, it gathers the first evidence on the taxable income and RPTs practices and offers insights into Indonesia’s business group behavior. Second, the analysis examines eleven years considering the sensitivity of audit quality and firm size to RPTs and pretax profit margin.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44837298","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}
Background: The study which consists of two parts: theoretical and empirical ones, and contains the analysis of the concept of insurance service quality in relation to travel insurance by employees of insurance institutions as well as by individual customers. Methods: The research was conducted by means of the SERVQUAL method among individual customers who hold travel insurance contracts in Świętokrzyskie, Małopolskie Lubelskie and Podkarpackie voivodships. The aim of the study was to identify the factors of travel insurance service quality in the conditions of the changing tourist market in Poland, as well as to define the hierarchy of their importance. Result: Moreover, on the basis of the SERVQUAL method, some discrepancies were established between customer expectations and the perceived services. This study is a continuation of the research conducted and another study of the series of studies of service quality in the market of property insurance in the voivodeships of eastern Poland.
{"title":"SERVQUAL METHOD IN STUDYING SERVICE QUALITY OF TRAVEL INSURANCE","authors":"J. Przybytniowski","doi":"10.3846/btp.2023.17406","DOIUrl":"https://doi.org/10.3846/btp.2023.17406","url":null,"abstract":"Background: The study which consists of two parts: theoretical and empirical ones, and contains the analysis of the concept of insurance service quality in relation to travel insurance by employees of insurance institutions as well as by individual customers. Methods: The research was conducted by means of the SERVQUAL method among individual customers who hold travel insurance contracts in Świętokrzyskie, Małopolskie Lubelskie and Podkarpackie voivodships. The aim of the study was to identify the factors of travel insurance service quality in the conditions of the changing tourist market in Poland, as well as to define the hierarchy of their importance. Result: Moreover, on the basis of the SERVQUAL method, some discrepancies were established between customer expectations and the perceived services. This study is a continuation of the research conducted and another study of the series of studies of service quality in the market of property insurance in the voivodeships of eastern Poland.","PeriodicalId":40066,"journal":{"name":"Business: Theory and Practice","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48023195","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}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：