Current Issue : July-September Volume : 2025 Issue Number : 3 Articles : 5 Articles
The effective corporate tax rate represents an important tool which could help the management take the best $inancial decisions within the company. The paper analyzes whether the company performance and the company value in$luence the effective corporate tax rate, used as a proxy for the corporate taxation. The $irm performance is represented by Return on Assets and Return on Equity, while the $irm value is expressed as Tobin’s Q and Price-to-Book ratio. The sample consists of the non-$inancial companies included in the Standard & Poor’s 500 index, over the period 2014-2023. Based on the literature review, there are selected the most relevant factors that could impact the tax burden of the US companies, and the empirical results suggest that, to reduce the corporate taxation, it is necessary to increase the performance and the value of the company, and, furthermore, bigger and older $irms register lower effective tax rates....
This article addresses a gap in the literature regarding corporate management in Eastern Europe during over three decades of reforms. This research reveals the influence of corporate management in Industry 4.0 on economic growth and social entrepreneurship in Eastern European countries. A combination of the regression analysis method and the least squares method is used to determine the influence of microeconomic factors connected with corporate management on economic growth in Industry 4.0 and to perform Pareto optimization of these microeconomic factors for the simultaneous achievement of economic growth and development of social entrepreneurship in these countries. The paper includes indicators of corporate management practices and identifies governance factors that influence economic growth in Eastern Europe while also contributing to social entrepreneurship. It explores the unique aspects of Industry 4.0 corporate management and emphasizes that optimizing corporate governance is a crucial response to managing regional economic crises. The article demonstrates that more than thirty years of economic transformation in Eastern Europe have produced positive results, challenging current scholarly perspectives that downplay the role of corporate governance. Improving corporate management by increasing the business disclosure index and reducing the number of companies facing losses due to theft and vandalism can enhance the effectiveness of Industry 4.0 technologies in social entrepreneurship. This approach can also provide a significant anti-crisis impact on the economies of Eastern European countries....
There are many management indicators on sustainability, but it is important to better understand the practices and the underlying reasons for including the monitoring of forestry certificates in management control. The purpose of this paper is to examine how and why Forest Stewardship Council (FSC) certification is incorporated into sustainability management control systems (MCSs). FSC certification serves as a credible tool for companies to demonstrate their alignment with the Sustainable Development Goals (SDGs), enhancing stakeholder confidence. The literature review centers on the concepts of FSC certification and sustainability MCSs. A multiple case study methodology was employed, focusing on four companies in the wood and wood-based product sector, particularly those with forestry certifications like FSC. Data were collected from documents published online by the companies studied, followed by a content analysis typical of qualitative research. The results show that the companies studied integrate FSC certification into their MCSs through diverse practices (how?) driven by sustainability motivations (why?). These firms adopt and promote sustainable initiatives, embedding FSC principles into their systems for performance monitoring and assessment. The findings indicate that companies in this sector not only adopt sustainable practices but also prioritize sharing information about these efforts. Practically, it was observed that retail businesses dealing with wood and wood-based products incorporate seven out of the ten FSC principles into their management systems. This reflects a significant level of integration of FSC certification within the MCSs of the analyzed companies....
This study looks at how green market orientation affects green product innovation and the sustainable performance of SMEs in the manufacturing sector of an emerging market. Therefore, the objective of the study is to analyze the mediating role of green product innovation between green market orientation and the sustainable performance of SMEs. It also looks at how green product innovation can operate as a mediator in the relation between green market orientation and the sustainable performance of manufacturing SMEs. The data from 324 Omani manufacturing sector SMEs were analyzed using the partial least squares structural equation modeling (PLS-SEM) technique. The findings indicate that green market orientation has a direct impact on the sustainable performance of manufacturing SMEs. Furthermore, the findings suggest that green market orientation has an indirect impact on the sustainable performance of manufacturing SMEs through green product innovation, which confirms the mediating effect. Manufacturing SMEs accept responsibility for continuously improving the safety and health of their employees while focusing on innovation in new green products. This empirical study, which was examined in the context of Oman’s developing market economy, is unique as it highlights the significant mediating influence of green product innovation on the sustainable performance of manufacturing SMEs. This study complements earlier studies that have mostly been carried out in industrialized (Western) economies. Practically speaking, this study emphasizes for SMEs the importance of consistently experimenting with new concepts for sustainable innovation and a competitive edge in a tough business environment. Future research directions are also provided. Therefore, the findings recommend that the owners and managers of the manufacturing sector’s SMEs should invest in green product innovation to promote sustainable performance in accordance with green market orientation concepts....
Big Data technology combines with Business Intelligence systems and Virtual Reality platforms to produce innovative decision-making solutions across multiple industries. This paper aims to present a comprehensive literature review concerning VR and BI systems in relation to Big Data analytics. This research investigates how VR technologies improve data visualization while providing enhanced exploration capabilities to let users handle large complex datasets through immersive experiences. We explore Business Intelligence systems which use Big Data analytics to produce actionable insights that support strategic decision-making to gain competitive advantage. This paper provides important insights from VR, BI and Big Data research which reveals their potential to bring transformative changes to modern business practices....
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