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PREDICTING FRAUDULENT FINANCIAL STATEMENT USING CASH FLOW SHENANIGANS 利用现金流量的诡计预测虚假的财务报表
Q2 Business, Management and Accounting Pub Date : 2023-01-31 DOI: 10.3846/btp.2023.15283
Tarjo Tarjo, Prasetyono Prasetyono, Eklamsia Sakti, Pujiono, Yusarina Mat-Isa, Otniel Safkaur
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.
在现金流量部分发现财务管理欺诈是一件令人兴奋的事情,但很少被研究。本研究实证检验了发现基于基本现金流量诡计的虚假财务报表。本研究的样本包括印度尼西亚、马来西亚、中国和日本的470家数据挖掘公司。所采用的分析方法是一种积极的方法。结果表明,所使用的所有比率都可以预测虚假财务报表。三种现金流量花招的比率,即应收账款变动与现金流业务、应付未偿天数和存货变动与现金流业务显著影响F-Score。同时,现金流诡计比率,即现金流经营与流动负债、经营性现金流比率、自由现金流、现金流经营与总负债、应付未偿天数、存货变动与现金流经营,对M-Score有显著影响。
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引用次数: 2
THE URGENCY OF FOREIGN DIRECT INVESTMENT IN MICRO, SMALL, AND MEDIUM ENTERPRISES FINANCING FRAMEWORK: THE CASE OF INDONESIA 外商直接投资中小微企业融资框架的紧迫性:以印尼为例
Q2 Business, Management and Accounting Pub Date : 2023-01-31 DOI: 10.3846/btp.2023.16930
M. Kaukab
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.
本研究旨在检验2016年政策出台前,对外国直接投资开放的中小微企业部门的生产增长率是否低于封闭的中小微行业,以及2016年政策实施后,开放的中小企业部门的产量增长率是否小于封闭的小微企业部门。根据印尼统计局的数据,这项研究涵盖了从2011年到2020年的9年时间。所使用的数据是工业部门的表现,对外国直接投资部门分为封闭和开放两类。该分类依据2016年第44号总统令进行定义。总共有13个封闭区和10个开放区。我们使用封闭和开放的外国直接投资工业部门之间的t检验分析数据。研究结果发现,开放型中小微企业的绩效在自由化前后都明显低于封闭型中小微企。因此,政府必须放宽对投资者投资开放型中小微企业的要求。
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引用次数: 1
THE IMPACT OF BRAND SOCIAL MEDIA MARKETING ON THE DYNAMICS OF THE COMPANY’S SHARE VALUE 品牌社交媒体营销对公司股票价值动态的影响
Q2 Business, Management and Accounting Pub Date : 2023-01-26 DOI: 10.3846/btp.2023.17117
D. Fayvishenko, Liudmyla Cherniavska, I. Bondarenko, Tetiana Sashchuk, I. Sypchenko, N. Lebid
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.
本研究的目的是确定品牌社交媒体营销对公司股票价值动态的影响。采用分析和综合的方法确定了品牌广告活动在社交媒体中的实施特点。经济学和统计学分析用于分析全球公司品牌的社交媒体营销成本——股票市值的领导者,并确定资本化水平。采用专题研究法对社交媒体营销、广告活动实施与公司整体业绩之间的因果关系进行了全面深入的研究。结合全球企业的研究和实践结果,研究了社交媒体在现代品牌推广中的本质和重要性。在提高公司价值的背景下,确定了公司社交媒体营销活动对品牌推广的优势,包括:提高品牌知名度;提高转化水平,增加潜在客户数量;与目标受众的直接沟通;传统类型的广告没有覆盖的目标受众的覆盖范围。研究了全球品牌在社交媒体营销上的支出动态,以及全球公司市值成本的动态。开发了一个计量经济回归模型,以确定全球品牌社交媒体营销成本对全球公司股票市值的定量影响。研究发现,随着品牌社交媒体营销支出的增加,公司股票的市值成本平均增加1445947美元。进一步研究的前景是寻找新的和提高现有品牌社交媒体营销方法的有效性,以保持稳定的竞争地位,获得新的竞争优势。
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引用次数: 1
THE IMPACT OF EMPLOYEE EMPOWERMENT ON CONTINUOUS IMPROVEMENT OF HEALTH CARE: AN EMPIRICAL AND COMPARATIVE STUDY BETWEEN HOSPITALS 员工赋权对医疗保健持续改善的影响:医院间的实证与比较研究
Q2 Business, Management and Accounting Pub Date : 2023-01-13 DOI: 10.3846/btp.2023.16667
Salameh Radwan Al-rjoub, B. Aldiabat, Fatima lahcen Yachou Ait Yassine
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.
本研究旨在了解员工授权对医院(政府和私营)之间医疗保健CI的影响。本研究所需要的数据是在相关实践的基础上设计的问卷来收集的。它由73个项目组成,分为两个领域,第一个衡量员工授权实践(37个项目),第二个衡量CI实践(36个项目)。研究样本应用于(326)名受访者;来自医院的受访者总数为326人;即占目标群体总人数的76%,即(431)名受访者,回复率为96%,这是因为研究者亲自分发问卷,所以回复率很高。使用IBM SPSS和比较描述分析方法。从受访者的趋势中可以看出三个主题。第一,政府医院员工授权应用的存在程度为中等水平,民营医院为高水平;同时,政府医院CI应用的存在程度为低水平,民营医院为高水平。其次,员工授权与医院(政府和私营)医疗保健CI之间存在很强的相关性。第三,在医院,员工授权对医疗保健CI的影响,无论CI的维度是合并的还是分散的,在水平上都有统计学意义(α≤0.05)。本研究的局限在于公立医院固定的官僚结构和民营医院的竞争力问题。这项研究处理了一个因变量,这在以前的阿拉伯研究中很少被研究,也很少在营利性和非营利性医院之间进行比较研究。
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引用次数: 1
LINKAGES NASCENT ENTREPRENEURSHIP AND KNOWLEDGE QUALITY RESONANCE: EXPLORE VOLUNTARY CO-CREATION FROM SERVICE DOMINANT LOGIC 新生创业与知识质量共振的联系:从服务主导逻辑探讨自愿共同创造
Q2 Business, Management and Accounting Pub Date : 2023-01-11 DOI: 10.3846/btp.2023.14912
Agustinus Moonti, Roymon Panjaitan, Echan Adam, Astil Harli Roslan
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.
本研究旨在探索一个新的概念模型,以探索共享价值的自愿共同创造为中心,填补新兴企业家经验和知识共振质量的研究空白。数据来自印度尼西亚爪哇岛232家新成立的多部门公司的经验。本研究的结果在实证和实践上为研究共享价值的创造提供了必要的知识。结果表明,初创期企业家经历的直接影响与企业创新绩效呈负相关,而知识质量共振与企业创新绩效呈正相关。其次,从服务主导逻辑探索自愿共同创造的高度意愿,以弥合新生企业家经验的负相关差距,证明了模型的概念。第三,直接影响导致的共享价值自愿创造补充了对选择性共同生产的主导服务逻辑的限制,成为一种称为使用价值的共同创造概念。该模型灌输了一种态度,即自愿探索共同创造的高新生企业家经验和高质量的知识共振的重要性。
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引用次数: 1
IDEA MANAGEMENT CANVAS: BIG PICTURE OF WEB-BASED IDEA MANAGEMENT MODELS 创意管理画布:基于WEB的创意管理模型
Q2 Business, Management and Accounting Pub Date : 2022-12-21 DOI: 10.3846/btp.2022.16916
Elīna Miķelsone, J. Segers
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.
创意管理过程通过提供一种系统化和可管理的方式来产生对组织内部持续改进和发展至关重要的创意,从而加快了创新过程。有许多基于网络的工具可以支持组织的想法管理过程。根据回顾的文献,目前文献中没有一个通用的模型可以支持组织基于上下文的想法管理过程。在本文中,作者描述了基于canvas模型的不同思想管理模型,以说明基于web的思想管理系统的多维上下文。在先前的研究中,作者基于传统商业模型canvas模型开发的不同思想管理系统分类类型,探索并确定了不同的思想管理系统应用类型。在这项研究中,作者回答了以下问题:可以为思想管理系统的应用创建基于业务模型画布的哪些分类,以及这些类型在现实生活中如何体现?这是一个确定结果差异的问题,但从实际角度理解不同类型可能有助于企业选择最合适的类型,但有助于IMS开发人员丰富他们正在创建的IMS类型。在文献中,对IMS进行分类的尝试很少。作者使用以下研究方法:文献综述(数据收集:从科学数据库中系统收集数据;数据分析:内容分析)。案例研究包括来自100多家具有基于网络的思想管理系统经验的企业的数据(数据收集:案例研究;数据分析:内容分析)。为了验证结果,进行了10次专家访谈。因此,这项研究为创意管理系统的用户和开发人员释放了新的价值,因为它展示了基于特定商业模型画布方面的不同创意管理系统应用程序类型。这导致创建了9个想法管理系统分类。
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引用次数: 0
WORKPLACE INNOVATION: A SEARCH FOR ITS DETERMINANTS THROUGH A SYSTEMATIC LITERATURE REVIEW 工作场所创新:通过系统文献综述寻找其决定因素
Q2 Business, Management and Accounting Pub Date : 2022-12-21 DOI: 10.3846/btp.2022.14928
Leonor Almeida, A. Moreira
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.
工作场所创新(WPI)在制度层面上发挥着重要作用,使企业能够提高竞争优势。然而,这仍然是一个研究不足的主题。本文的目的是扩展促进工作场所创新机制的现有知识,确定利用WPI的主要决定因素,基于系统的文献综述(SLR)。为了确定WPI的主要决定因素,进行了单反分析。对主要问题进行了分析,然后归纳得出了行列式。WPI被描述为一系列广泛的主题(38),这些主题可能聚集在五个横向和相互交织的不同决定因素周围。本研究填补了WPI方面的空白。它结合了五个主要决定因素,并为WPI研究的可能途径提供了重要见解。
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引用次数: 1
BRAND POSITIONING STRATEGY IN THE COMPETITIVE ASPECT 竞争方面的品牌定位策略
Q2 Business, Management and Accounting Pub Date : 2022-12-20 DOI: 10.3846/btp.2022.17223
Lidija Kraujalienė, Saulius Kromalcas
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.
一个组织的新品牌离不开组织身份。本研究的目的是调查考纳斯地区公共图书馆(KDPL)在竞争力和访客方面的定位策略。研究方法:科学文献和统计数据分析、员工调查、SWOT分析。主要发现:2018-2020年期间,KDPL的访客流量减少了四分之一,用户画像由5个用户群体(就业、学习、学龄前儿童、失业人员和其他人)组成,按性别划分的图书馆用户数量没有变化,70%由女性组成,四个用户群体的出勤率下降或几乎保持不变,当雇佣用户的数量增加了大约16%时。SWOT分析显示缺乏品牌定位战略。对图书馆竞争对手用户需求和期望的定性研究可以进一步分析。KDPL在当地的地位显示出在考纳斯市成长的潜力。本文的创新之处在于对公共部门组织的品牌定位策略进行了个性化研究,而现有的研究则是对私人品牌进行的。目前的研究将对KDPL和其他公共组织有用。
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引用次数: 1
GENDER DIFFERENCES IN THE IMPACT OF LEADER-MEMBER EXCHANGE QUALITY ON JOB EMBEDDEDNESS AND TURNOVER INTENTION 领导-成员交换质量对工作嵌入性和离职倾向影响的性别差异
Q2 Business, Management and Accounting Pub Date : 2022-12-20 DOI: 10.3846/btp.2022.13422
T. Wahyudi, Hendryadi Hendryadi, D. A. Iskandar, S. Suryani, Deni Gustiawan
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.
本研究旨在探讨领导成员交换(LMX)、工作嵌入性和离职意向之间关系的性别差异。假设的制定是通过整合资源保护(COR)理论和社会角色理论进行的,数据收集自462名受雇于印度尼西亚各部门的受访者。数据分析包括验证性因素分析以评估测量模型,然后使用PROCESS宏进行中介调节分析。正如假设的那样,LMX对工作嵌入性有积极影响,对离职意向有消极影响。工作嵌入性与离职意向呈负相关,部分中介了LMX质量与离职意向之间的关系。研究表明,性别调节LMX、工作嵌入性和离职意向之间的关系;这一点在女性参与者身上尤为明显。本研究通过探索特定性别的角色,为LMX质量和工作嵌入性的意义的文献做出了贡献,从而加强了现有的知识库。
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引用次数: 2
TO BE OR NOT TO BE A PLATFORM WORKER? LITHUANIAN CASE IN THE CONTEXT OF EU COUNTRIES 做还是不做平台工作者?立陶宛案件在欧盟国家的背景下
Q2 Business, Management and Accounting Pub Date : 2022-12-16 DOI: 10.3846/btp.2022.17229
Rasa Miežienė, I. Blažienė, Boguslavas Gruževskis
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.
2019冠状病毒病大流行的第一波浪潮在2020年达到顶峰,对送货上门服务的需求前所未有,导致全球许多国家的平台业务增长。本文在欧盟其他国家的背景下,分析了立陶宛平台工人的劳动力市场状况。本文介绍了对平台工作人员进行的一项调查的结果,该调查旨在定义平台工作人员的社会经济状况,并确定他们对立陶宛平台工作的态度。调查显示,立陶宛平台工人的劳动力市场状况在社会人口特征、偏好和挑战方面与其他欧洲国家的趋势相似。在分析平台工人的工作时间和收入时,可以观察到欧盟国家和立陶宛之间稍大的差异。
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引用次数: 1
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Business: Theory and Practice
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