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Jun 26, 2024

Strategic management accounting and sustainable performance: The serial mediating role of business strategies and competitiveness

The objectives of this study were to 1) examine the impact of strategic management accounting (SMA) that influences business sustainability by integrating comprehensive internal information and external business environment to formulate strategic decision-making to enhance competitiveness, and 2) investigate the serial mediating role of business strategies and competitive advantages. Data were collected from a total of 168 samples of listed companies in the Stock Exchange of Thailand and analyzed by using partial least squares structural equation model. The results showed that strategic management accounting had a positive direct impact on innovation-oriented strategy, efficiency-oriented strategy, and sustainable performance. Innovation-oriented strategy and competitiveness was found to have serial mediating effect on strategic management accounting and performance sustainability. However, both efficiency-oriented strategy and competitiveness had no serial mediating effect on strategic management accounting and sustainable performance. The implications in this present study confirm that strategic management accounting plays a significant role in determining effective business strategies; therefore, executives need to focus on related resources to foster the strategic management accounting which in turn enhances the firm’s competitiveness and sustainable performance.

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Feb 5, 2025

The linkage of government assistance programs towards digital and financial well-being of small household income families in Urban Area: Lesson from COVID-19 pandemic

The COVID-19 pandemic and the Movement Control Order (MCO) have had a negative impact on the financial well-being and digital well-being of B40 or small household income families in urban areas. In responding to the crisis, the government had launched multiple assistance programs to assist the group. Hence, the study intends to examine the relationship of government assistance towards digital and financial well-being of the group. Utilizing survey, the study involved 417 respondents living at the Public Housing Project (PPR) residential areas in Kuala Lumpur—the capital of Malaysia. The data was analyzed using Smart PLS and the key findings were (1) government assistance programs significantly affect the digital well-being and financial well-being of B40 urban families. However, there is no significant relationship between financial well-being and digital well-being. Besides, the Importance-Performance Analysis (IPA) indicated that the importance of government assistance programs towards digital well-being performance is higher than financial well-being. The assistance programs offered by the government plays essential role to ease the digital and financial constraints of B40 urban families during a difficult time. Reforms to the government assistance programs, the empowerment of digital aid packages, and the enhancement of social security net initiatives for B40 urban families are necessary to enhance the group’s preparedness and resilience in the face of new shocks in the future.

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Dec 23, 2024

Research on the talent training mode of integration of industry and education in international Cruise Crew management under the “1+X” certificate system

The introduction of the “1+X” certificate system has put forward more new requirements for the training of international cruise crew management professionals in Chinese undergraduate colleges. Based on the requirements of the “1+X” certificate system, the integration of production and education has become an important path to cultivate high-quality and practical talents. Based on the talent training model of integration of production and education, this paper explores the impact of the “1+X” system on the talent training of undergraduate international cruise crew management majors, and puts forward three feasible suggestions, hoping to provide more references for the innovation and development of this major.

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Jan 14, 2025

Fabrication and analysis of solar operated vapour absorption refrigeration system using methanol water

This study investigates the performance assessment of methanol and water as working fluid in a solar-powered vapour absorption refrigeration system. This research clarifies the system’s performance across a spectrum of operating conditions. Furthermore, the HAP software was utilized to determine and scrutinize the cooling load, facilitating a comparative analysis between software-based results and theoretical calculations. To empirically substantiate the findings, this research investigates methanol-water as a superior refrigerant compared to traditional ammonia- water and LiBr-water systems. Through experimental analysis and its comparison with previous research, the methanol-water refrigeration system demonstrated higher cooling efficiency and better environmental compatibility. The system’s performance was evaluated under varying conditions, showing that methanol-water has a 1% higher coefficient of performance (COP) compared to ammonia-water systems, proving its superior effectiveness in solar-powered applications. This empirical model acts as a pivotal tool for understanding the dynamic relationship between methanol concentration (40%, 50%, 60%) and system performance. The results show that temperature of the evaporator (5–15 ℃), condenser (30 ℃–50 ℃), and absorber (25 ℃–50 ℃) are constant, the coefficient of performance (COP) increases with increase in generator temperature. Furthermore, increasing the evaporator temperature while keeping constant temperatures for the generator (70 ℃–100 ℃), condenser, and absorber improves the COP. The resulting data provides profound insights into optimizing refrigerant concentrations for improved efficiency.

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Jun 10, 2021

Basic residential neighborhood infrastructure financing in Nigeria urban cities: Community development associations (CDAs)-based approach

The study examined the community-based approach to finance basic public infrastructures in residential neighborhoods. The primary objectives of the study were to determine the condition of public infrastructures, the level of community engagement, the modalities of financing and the prominent influencing factors. The study adopted convenience sampling and questionnaire survey techniques. A total of 120 questionnaires were administered to residents of selected high-income communities (HICs) and low/medium-income communities (L/MICs), out of which 48 (80%) and 52 (86.67%) were retrieved, respectively, and analyzed. The study deployed descriptive statistics of mean and standard deviation models and mean weighted score to analyze the data. The study found that the residents were satisfied with the security of the neighborhoods but deplored the state of the public potable water infrastructure in both communities. However, the residents in the HICs enjoy a better condition of road infrastructure compared with L/MICs. The residents in both communities indicated a high level of involvement in the financing of public infrastructures, with major engagement in security and waste disposal/management infrastructures. However, the HICs engaged more in road grading/maintenance, while the provision of community potable water was given as a priority by the L/MICs. The major mode of financing basic communal infrastructures is through membership levy/contribution, and prominent influencing factors are cooperation among members, fundraising and income status. Therefore, while private-sector support funds, such as from the CDAs, help in cushioning the effects of basic infrastructure decay, governments at all levels should provide an enabling environment that will motivate mutual communal relationships through integrated infrastructure policies.

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Dec 28, 2023

Green knowledge management to achieve corporate sustainable development

The mining industry significantly impacts the three pillars of sustainable development: the economy, the environment, and society. Therefore, it is essential to incorporate sustainability principles into operational practices. Organizations can accomplish this through knowledge management activities and diverse knowledge resources. A study of 300 employees from two of the largest mining corporations in South Kalimantan, Indonesia, found that four out of five elements of knowledge management—green knowledge acquisition, green knowledge storage, green knowledge application, and green knowledge creation—have a direct impact on the sustainability of businesses. The calculation was determined using Structural Equation Modelling (SEM). However, the study also found that the influence of collectivist cultural norms inhibits the direct effect of green knowledge sharing on corporate sustainable development. The finding suggests that companies operating in collectivist cultures may need to take additional measures to encourage knowledge sharing, such as rewarding employees for sharing their expertise on green initiatives, supportive organizational culture, clear expectations, and opportunities for social interaction.

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