Financial Performance: Cases From Hong Kong-Listed Company

Purpose: The purpose of this study is to preliminarily explore the financial performance of Hong Kong listed companies in recent years, so that the public can have a preliminary understanding of the operating conditions of Hong Kong companies in recent years.   Theoretical Framework: Financial performance is whether a business strategy and its implementation and execution are contributing to the ultimate business performance. Financial performance can fully express the effect of cost control, the effect of asset utilization and management, the effect of capital allocation, and the composition of the return on shareholders' equity. Financial performance is mainly reflected in four aspects: profitability, operating ability, solvency and growth ability.   Design/Methodology/Approach: We randomly obtained the annual financial reports of 17 listed companies from 2016 to 2021 from the official website of the Hong Kong Stock Exchange. And based on the financial data disclosed in the financial reports of each company, it makes a detailed calculation, analysis and comparison of the profitability, solvency, operating capability and growth capability of each company.   Findings: In recent years, the profitability and operational capabilities of listed companies in Hong Kong have been stable without major fluctuations, but there is still a slight downward trend. The solvency performance is good, and the source of capital flow is relatively reliable. At the same time, the financial performance of listed companies in Hong Kong has also been significantly negatively affected by the spread of the covid-19 pandemic.   Research, Practical & Social Implications: We suggest that in the future, listed companies in Hong Kong should improve their business strategies in a targeted manner to resist the impact of the new crown pandemic and the outside world on business operations.   Originality/Value: The profitability and operating capacity of Hong Kong-listed companies remained stable without much fluctuation, but there was still a slight downward trend. The financial performance of Hong Kong-listed companies has also been significantly negatively affected by the spread of the Covid-19 pandemic

The Intention to Participate in Voluntary Social Insurance of Informal Sector Workers: the Case in Mekong Delta, Vietnam

Purpose: The objective of this study is to develop the participation of informal sector workers in voluntary social insurance to ensure the Social Security policy of the Government of Vietnam.   Theoretical Framework: Based on the results compiled from expert as: Kotler, 2003; Schiffman and Kanuk, 2007; Ming-Chi Lee, 2009; Holmgren et al., 2016 and Krajaechun and Praditbatuga, 2019. The model was preliminarily designed by the author through eight prefix variables including: Confidence in Benefits, Evaluation of Social Responses, Perception of risks, Beliefs, Motivation, Attitude towards Voluntary social insurance, Subjective norms, and Intention to participate in Voluntary social insurance.   Methodology: This study employs primary data from a survey of 370 people working in informal workers in 04 province of the Mekong Delta region of Vietnam: Kien Giang Province, Tra Vinh Province, Hau Giang Province and Soc Trang Province. The Authors using Partial Least Squares-Structural Equation Modeling (PLS-SEM) and Bootstrap analysis in the SEM reliability test employed for data analysis and interpretation.   Findings: Research results show that two factors that affect the intention to participate in voluntary social insurance of workers in the informal sector: Attitude towards social insurance and subjective norms.   Solutions: From the research results, the authors have proposed solutions to further improve the participation in voluntary social insurance of workers in the informal sector in the Mekong Delta, Vietnam in future

A Critique on Theoritical Framework for Adoption of Corporate Sustainability Practices: Iintegrating Institutional Motives, Stakeholder Motives, and Managerial Motives

Purpose: This literature review seeks to advance knowledge of the area of theories on motivation for corporate sustainability efforts as it has been researched by earlier experts. Corporate sustainability has gained more attention in academics and business since the 1990s. Still, there is a lack of literature in the area of motivational theories for corporate sustainability. This particular review paper offers an analysis of 30 articles from journals covering the area of business and management that were published between 2002 and 2022. The paper provides a summary of the growth of corporate sustainability, as well as various definitions, and theories that have been put into practice to motivate corporate sustainability efforts.   Method: The researcher employed a literature search strategy, drawing from prior review articles, to investigate corporate sustainability theories and related studies by reputable academics. The electronic search focused on business and management publications, using keywords like sustainability and motivating theories for corporate sustainable adoption. The search was limited to the most recent two decades. Each identified work underwent screening to assess its essential relevance to motivational theories of corporate sustainability.   Findings: The results show that the field of corporate sustainability is still developing and that several theories have been employed to measure the motives of corporate sustainability. We believe that despite the similarities and connections between the three theories: institutional theory, stakeholder theory, and managerial motives, they are complementary rather than competing. Most significantly, they can be combined with and connected to corporate sustainability activities to provide a multi-theoretical view of the motivations behind such practices.   Research Implication: This study provides a theoretical framework that can be applied to studies of corporate sustainability, particularly when attempting to understand why organizations motivate to adopt corporate sustainability.   Origonality/Value: This theoretical model can be used as a conceptual foundation for empirical research on the drivers of corporate sustainability initiatives in a variety of settings. To gain a deeper comprehension of corporate sustainability adoption, it makes an effort to gain valuable insights into more than one single theory

Determinants of Import in ASEAN Economic Community

Introduction: Imports are an important component of economic development in developing countries, including in the ASEAN Economic Community.   Purpose: The aims of this study to analyze the determinants of import in ASEAN Economic Community.   Methodology/Approach: The research method used is panel data analysis from 2010-2019. The research variables include imports as the dependent variable and export variables, exchange rates, population, inflation, GDP and interest rates as independent variables. This study is to analyze the determinants of imports in the economies of ASEAN community countries starting from the results of the Chow test and Hausmen test which compare the static and dynamic fixed effect panel data analysis models.   Findings: The results of this study indicate that imports for ASEAN economic community are influenced by the variables of exports, FDI and population. The results of this study also show that imports for ASEAN economic community are a necessity to support their economic development.   Originality/Value/Implication: The conclusion and recommendation from this research is that imports are an important component in economic development in ASEAN economic community, so it is necessary to have an integrated policy among ASEAN economic community to build economic cooperation to reduce economic dependence from outside. ASEAN economic community need to improve economic efficiency and international competitiveness to encourage exports of flagship products in international markets

Investigation of E-Business Motivation Among Batik SMEs in Indonesia

Purpose: This research explores how to establish a conceptual framework for an empirical model of e-business motivation in small organizations, while most e-business studies focus on large companies. To explain SMEs' tactics and features, notably family businesses' increased e-business motivation.   Theoretical Framework: Technological developments have an impact on changing business management patterns, many business opportunities can be captured by companies including small and medium enterprises (SMEs) to be able to expand the market and increase sales.   Design/Methodology/Approach: ANOVA analysis was used for quantitative analysis. This research took a sample of 122 Batik SMEs from the Batik center villages of Klaten, Jarum, Beluk, Banyuripan, and Kebon Regencies. The sampling method was purposive, namely by using batik SMEs that have used social media or websites to carry out promotions and sales.   Findings: SMEs in the innovator category were more driven than reactors. Innovative companies succeeded in internet marketing, communication, and profit. However, the two groups employed e-business for study similarly. This shows that innovators and reactor companies have not fully adopted the e-business market or industry surveys.   Implications of Research: This research shows that the success of e-business practices, especially electronic promotion and selling, will increase with strategic orientation that strives for innovation, as market coverage expands, and business duration increases.   Originality/Value: E-business strategies and competencies in small businesses are infrequently investigated, whereas major enterprises are extensively studied. demonstrates that SMEs have distinct firm structures and HR development programs than major companies, hence their e-business practices will differ

Competitiveness Improvement Strategies of Msme Blora Batik: Analytic Network Process Approach

Purpose: This study aims to develop strategic priorities for increasing the competitiveness of Batik SMEs in Blora Regency   Theoretical Framework: Previous research in the field of company competitive advantage argued what approach is suitable to be used by MSME to grow sustainably. Sustainability of a company 's competitive advantage is influenced by the potential of existing resources (Grant, 1991).   Design/Methodology/Approach: This research was conducted in Blora Regency, Central Java, which is one of the regions in Indonesia that is rich in culture and local wisdom. Like other areas in Central Java, Blora has batik as a traditional craft which is quite popular. Until now, the Blora Regency Government continues to develop the sustainability of Blora batik through empowerment programs. The data analysis method used in this research is the Analytic Network Process (ANP) which is a mathematical theory that allows decision making to deal with interrelated factors (dependence) and mathematical feedback.   Findings: The findings in this study indicate that Batik Blora is a business unit that has the potential to develop and be competitive with various advantages. As a product that elevates regional advantages, it is necessary to increase business aspects that include upstream to downstream aspects so that the competitiveness of Blora batik can continue to increase.   Research, Practical & Social Implications: The most prioritized aspect in increasing the competitiveness of Blora batik is the aspect of the business cycle which emphasizes increasing innovation and diversification as well as increasing business productivity.   Originality/Value: This research is a research that focuses on the development strategy of Batik MSMEs with the ANP approach which has never been done before

Social Capital and Corporate Social Responsibility: Pathways to the Sustainability of Community Enterprises in Chumphon Province

Purpose: In this research, the objective is to study the impact of social responsibility and social capital on the sustainability of community enterprises.   Theoretical Framework: Community enterprises play a crucial role in promoting sustainable growth at the community level by creating economic opportunities, fostering social equality, and ensuring environmental sustainability. In the context of community enterprises, social capital and corporate social responsibility can lead to the enhancement of community problem-solving capabilities, the achievement of community objectives, and the sustainability of both the community enterprise and the community as a whole.   Design/Methodology/Approach: A quantitative approach was employed. The sample group used for the study consists of 200 members of community enterprises in Chumphon province. The instrument used for the study is a questionnaire, adapted from previous academic research, which has undergone content validity and reliability tests with a Cronbach's alpha coefficient of 0.85. Data analysis was conducted using structural equation modeling statistics.   Findings: Studies have found that social costs are positively correlated with both corporate social responsibility activities and balanced operational outcomes, while no relationship was found between social responsibility and balanced performance outcomes.   Research Practical and Social Implication: The study clearly demonstrates that social capital is a crucial factor for the sustainable operation of community enterprises.   Originality/Value: Social responsibility and social capital have great impact on the sustainability of community enterprises, therefore, potential and successful community enterprises must equip with social capital and responsibility

Factors Affecting the Growth of E-Shopping Consumers Over Traditional Shopping After Covid-19: GCC Countries' Perspective

Purpose: The study aims to explore the factors that have led to a significant shift in consumer behavior from traditional shopping methods to e-shopping in the Gulf Cooperation Council (GCC) countries, particularly in the aftermath of the COVID-19 pandemic. It seeks to identify and analyze the various elements that contribute to consumers' growing preference for online shopping and to understand how this trend is reshaping the retail landscape in the GCC region.   Theoretical Framework: The research is anchored in the theory of consumer behavior and the Technology Acceptance Model (TAM), like perceived usefulness, consumer psychology, ease of payment, budget considerations, health issues, and cultural and traditional values which helps in understanding the factors influencing consumers' acceptance and use of technology, in this case, e-shopping platforms.   Design/Methodology/Approach: This study adopts a mixed-method approach, combining quantitative data from structured online consumer surveys and qualitative insights from expert interviews. The authors used the PLS-SEM approach to investigate the survey of 380 responses to examine the impact of various factors on e-shopping behavioral intention among consumers in the GCC countries.   Findings: The findings reveal that perceived usefulness, consumer psychology, ease of payment, budget considerations, health issues, and cultural and traditional values significantly and positively impact the e-shopping behavioral intention of consumers. However, product variety does not significantly influence the e-shopping behavioral intention in the GCC region.   Research, Practical & Social Implications: The study opens new avenues for research in consumer behavior and e-commerce, especially in the context of unforeseen global events like pandemics. The insights are valuable for retailers, e-commerce platforms, and marketers in the GCC region for strategizing and aligning with changing consumer preferences. It aids in developing targeted marketing strategies and enhancing the online shopping experience.   Originality/Value: This research offers original insights into the shift towards e-shopping in the GCC region post-COVID-19. It contributes to the broader discourse on consumer behavior in the context of pandemics and technological acceptance, providing a region-specific perspective that enhances understanding in this field

Enhancing Hotel Management: a Sentiment Analysis Approach to Assessing Customer Impressions on Environment-Based Reviews

Purpose: This study aims to examine hotel reviews, with a specific emphasis on environmental aspects. Employing advanced sentiment analysis techniques, we delve into user sentiments expressed in evaluations.   Theoretical Framework: The theoretical framework utilizes sentiment analysis to delve into hotel reviews, emphasizing the environment. Focused on key areas such as staff service (professionalism and friendliness), hotel environment and facilities (beautiful décor and cleanliness), and affordability with a friendly pricing strategy.   Design/Methodology/Approach: This study involves the manual collection and analysis of 3,475 hotel review from Centara Hotel & Convention Center Udon Thani. The methodology includes systematic steps: Preprocessing (removing irrelevant charcters and stopword), Feature Extraction (identifying key elements), Classification (using Logistic Regression for binary sentiment analysis), and Prediction (applying the model to categorize new reviews).   Findings: In our findings, Logistic Regression effectively categorized reviews into positive or negative sentiments, boasting a robust macro precision of 0.80. Notably, positive evaluations showed superior prediction results, with a high recall value of 0.84 percent, contributing to an impressive overall accuracy of 86 percent. These results highlight the efficacy of Logistic Regression in distinguishing sentiment categories, affirming its suitability for this analysis.   Research, Practical & Social Implications: In summary, focusing on enhancing staff service, maintaining a pristine hotel environment, and offering friendly, affordable services has the potential to greatly boost customer satisfaction and overall business performance. These strategic efforts not only generate positive feedback but also lead to increased competitive advantages and expanded market share in the fiercely competitive hotel industry.   Originality/Value: The findings have broader implications by shaping public perceptions, providing valuable insights for strategic decision-making, and positioning hotels for success in the highly competitive hospitality landscape

Determinants of Performance of Village-Owned Enterprises in Improving Village Development Performance

Purpose: The main objective of this paper is to analyze the factors that influence the performance of Village-owned Enterprises and village development performance in Lombok Utara Regency and Analyze the role of social capital polong renten in moderating the influence of manager competence on the performance of Village-owned Enterprisesin Lombok Utara Regency.   Theoretical Framework: Explains the context of sustainable development as development that is oriented towards meeting human needs through the wise. Competency is the ability to carry or carry out a job or task that is based on skills and knowledge and is supported by the work attitude required by the job. Village-owned Enterprises is an institution established by the village government to improve the village economy. social capital is a resource inherent in social relationships. Individuals involved in social relationships can use these social resources for personal and group interests.   Design/Methodology/Approach: The study is quantitative associative and this research was conducted in 43 villages in Lombok Utara Regency. With the number of samples used as many as 215 people in 43 Village-owned Enterprises. Data analysis used the SEM-PLS method.   Findings: The results of the study found the role of the government, management competence, utilization of information and communication technology, and social capital of Polong Renten have a significant positive effect both in installment and indirectly on the performance of Village-owned Enterprisesand the performance of village development.   Research, Practical & Social Implications: Polong renten's social capital significantly moderated the influence of the manager competency variable on the performance of Village-owned Enterprisesin Lombok Utara Regency. novelty in research obtained results and illustrated there is a factor of polong renten social capital, which has an influence and moderation of influence between variables that impact the performance of Village-owned Enterprisesand village development performance.   Originality/Value: In addition, it further emphasizes the moderation effect of social capital in other forms, whether it can strengthen or weaken the influence relationship between variables estimated to affect the performance of Village-owned Enterprisesand village development performance