Professional judgments in business valuation should be based on persuasive comparative data and conclusive empirical studies. However, these judgments are frequently made without these conditions, causing professional skepticism. An appraiser should explain in detail what was done to get the market value because valuation is the initial crucial step in the investment decision process. In socially responsible investment schemes, an appraiser has a fiduciary duty and a vital role in protecting the public from fraud and the risk of asset value destruction. Professional skepticism is essential to direct the appraiser’s judgment towards independent valuation for the public interest, assisting in evaluating the relevance and reliability of information, especially relating to social, environmental, and ethical issues. This paper studies the business valuation process from a behavioral finance perspective in the United States and Indonesia, aiming to tweak business valuation practices, identify biases, and mitigate them to ensure the market value does not shift far from fairness opinion. The case study explores experiences from the professional role-learning process. The results highlight the need for an appraisal protocol in business valuation, improvements in the discount for lack of marketability application, and these findings are pertinent to business appraisers and regulators. Recommendations include enhancing the clarity of professional judgments and the integration of recent empirical studies into practice.

This study simultaneously examined the linkages among environmental dynamism, three dynamic capabilities, and the competitive advantages of retail businesses, which have not been identified before. Furthermore, this study fills the significant gaps in the literature and practical guidelines for retail development through improving retailer’s dynamic capabilities in response to environmental dynamism. The study used a quantitative approach by partial least squares SEM (PLS-SEM) to examine the hypotheses. Data were collected from 304 Vietnamese retail business managers. The results show that environmental dynamism plays a significant role in fostering the improvement of retailers’ dynamic capabilities. The findings also reveal positive linkages among the three dynamic capabilities before they significantly improve retailers’ competitive advantage. These are the valuable guidelines for retailers to nurture their dynamic capabilities, including service innovation capabilities, multi-channel integration, and brand orientation for sustaining their competitive advantages.

Sustainability has become a generalized concern for society, specifically businesses, governments, and academia. In the specific case of universities, sustainability has been approached from different perspectives, some viewing it from environmental practices, management initiatives, operational criteria, green buildings, and even education for sustainable development. This research focuses on sustainability as a managerial practice and investigates how it affects the performance of five private universities in Medellin, Colombia. For this purpose, a literature review using a mixed sequential approach, including bibliometric and content analysis, was initially conducted. In the s second phase, more than 5000 responses from students, professors, and employees of the five mentioned private universities were collected. A previously validated instrument for both sustainability and performance was applied in the quantitative phase, and a novel dimensionality of the constructs was proposed by conducting an exploratory factor analysis using the SPSS software. Results were then processed through a structural equation analysis with the Smart PLS software. The impact of sustainability on university performance is verified, making some managerial recommendations.

Polymer waste drilling fluid has extremely high stability, and it is difficult to separate solid from liquid, which has become a key bottleneck problem restricting its resource recycling. This study aims to reveal the stability mechanism of polymer waste drilling fluid and explore the destabilization effect and mechanism of ultrasonic waste drilling fluid. Surface analysis techniques such as X-ray energy spectrum and infrared spectrum were used in combination with colloidal chemical methods to study the spatial molecular structure, stability mechanism, and ultrasonic destabilization mechanism of drilling fluid. The results show that the particles in the drilling fluid exist in two forms: uncoated particles and particles coated by polymers, forming a high molecular stable particle system. Among them, rock particles not coated by polymer follow the vacancy stability and Derjaguin-Landau-Verwey-Overbeek (DLVO) stability mechanism, and the weighting material coated by the polymer surface follows the space stability and DLVO stability mechanism. The results of ultrasonic destabilization experiments show that after ultrasonic treatment at 1000 W power for 5 min, coupled with the addition of 0.02% cationic polyacrylamide, the dehydration rate is as high as 81.0%, and the moisture content of the mud cake is as low as 29.3%, achieving an excellent solid-liquid separation effect. Ultrasound destabilizes polymer waste drilling fluid by destroying the long-chain structure of the polymer. This study provides theoretical support and research direction for the research and development of polymer waste drilling fluid destabilization technology.