Currently, Management Accounting has been interested many researchers, economists as well as Vietnamese enterprises. Management accounting provides useful information about such contents as cost classification and control, cost - volume - profit analysis, estimation, responsibility center analysis, information analysis, believe in making short and long term decisions, thereby helping internal managers make appropriate business decisions. Understand the importance of Management Accounting, the article presents some modern management tools used in management accounting such as: Cost-by-Activity (ABC) Determination, Balanced Scorecard (BSC), Cost accounting and cost management in a lean environment. Vietnam is on the way of applying International Financial Reporting Standards (IFRS) and the above issues of management accounting need to be considered. Through the view of manager awareness and external auditors. We use quantitative research methods based on synthesis analysis of available information from many various sources, interviews through questionnaires for 500 managers and auditors who are currently working in Vietnam in 2019. We figure out some factors influencing IFRS applying including but not limited to business features, accounting team ability, accounting framework, etc. Applying IFRS will need to go in parallel with enhancing management accounting practices in developing nations including Vietnam. There is not so much gap in perception of IFRS applicability among managers in enterprises and auditors, among different groups of people in working experience. Last but not least, this paper contributes to an overview of factors affecting the ability to apply the international accounting standards system in a developing country like Vietnam. At the same time demonstrate that this applicability is influenced by many different factors.
This paper examines the impact of ownership strategy on bank performance in Vietnam from 2000 to 2017. The results show that the ownership structure has a significant impact on bank performance, namely that state-owned banks are more efficient than private ones in terms of technical efficiency, but not in terms of scale efficiency. Furthermore, state-owned banks do not appear to be excellent at investment activities while provisions for credit losses are substantially high, which can negatively affect their performance. Listed banks may be more encouraged to implement activities which can increase bank performance, to make present stakeholders satisfied as well as to attract new ones. The larger the scale, the more efficient the listed banks will be. However, they will not achieve good results in terms of technical efficiency.
This study aims to examine whether the assessment of Criteria for Performance Excellence (KPKU) is related to the firm performance of States-Owned Enterprise (SOE) in Indonesia. This study uses 82 firms-year observations from 19 State-Owned Enterprise listed on the Indonesia Stock Exchange (IDX) for the period 2009 to 2018. This study found that KPKU assessment was positively related to firm performance. This shows that KPKU assessment can be a signal that the company has good performance. The study also found that the positive relationship between KPKU assessment and company performance is stronger in companies audited by Big 4 and in big-sized companies. This study is the first research that discusses the relationship between KPKU assessment and firm performance. This study may be useful for practitioners and academics that are interested in the subject of SOE performance assessment. The results suggest to conduct a regular KPKU assessment because it can be useful to provide a positive signal for shareholders and potential investors.
This study examines the tone of language in sustainability report, focusing on the construction industrial sector of companies listed in Indonesian Stock Exchange year 2010 until 2018. This study analyzed 152 sustainability report using sentiment analysis method wrote in python code. This study shows that around 68%-79% of disclosures in sustainability reports show positive sentiment. These results indicate a high level of corporate accountability in the construction industry related to sustainability. This research contributes to stakeholders in making comprehensive decision related to company’s accountability.
The demographic decline, economic uncertainty and high unemployment rate allow predicting the exit from the market the weakest privately run HEIs. The aim of the paper is to identify strategies that privately run HEI might pursuit in current high-velocity environment sustaining competitive advantages. Author applied the dynamic capabilities framework as a theoretical foundation and propounded four research questions. Having investigated the stage of Latvian privately run HEI industry consolidation, authors answered the first research question: what should be the cornerstone of a HEI long term strategic plan in current industry consolidation stage? Then authors conducted the survey of students’ opinions among different privately-run Latvian HEIs and answered second research question: what educational philosophies have been adopted by many privately run HEIs: customer or product oriented approach towards students? Next, the research paper identifies the necessity of product oriented approach and determined dynamic capabilities for such strategic move. Finally, authors answered on the forth research question: is it possible to develop and sustain the competitive advantage, pursuing international strategies by exploiting a HEI’s resource and capabilities? The paper has potential to generate a scholar’s discussions and might lead to further research.
This research article presents sustainable model system based framework derived from the scholarly investigation into the existent research literature on social entrepreneurship. The social entrepreneurship is emerging as a viable alternative to the traditional institutional setups for making a sustainable impact and reach towards the underserved needs of the low-income population living in the developing economies. The existing research on social entrepreneurship lacks focus on creating an integrated framework thereby posing a limitation to the entry, growth and penetration of the social entrepreneurship based market setup. The sustainable model system comprises a combination of the constraining conditions and key choices. The constraining conditions include the environmental and firm-specific constraints like need addressed, mission type and socio-economic objectives. The relative impact and significance of the key choices vary for different social enterprises depending upon the applicable constraining conditions.
Considering the rapid change of work and life as well as the increasing requirements of professional competences for personnel, this article, based on scientific literature, examines the concept competence and its component parts. Through an integrated multi criteria approach, the authors of this work assessed competences and their deciding factors of the naval officers of the Lithuanian Navy and, respectively, developed a complex assessment model. On the basis of the model development principles, competences and their component parts of any other profession can also be assessed. According to the results, the authors proposed adapted competence building measures for a specific vessel that would develop missing skills and increase officers’ work optimization in the existing work environment.
The article highlights the importance of the development of the society, as well as the measurement of this development, in the context of security, sustainability and competitiveness and goes much further by guiding to further research focus on the introduced new conception of “Secure and sustainable competitiveness” in the context of globalisation. The definition of “Sustainable competitiveness” was broadened by including new aspect of security. The development of the society was introduced as common output of the globalization which goes hand-in-hand with competitiveness, sustainability and security. The interrelation of certain facets between security, competitiveness and sustainability lead to the proposal to create the new index of “Secure and sustainable competitiveness” with possibility to evaluate the progress by looking back and provide prospects by looking forward. The research findings are in line with policy context and the development of the new index of “Secure and sustainable competitiveness” could be an important research contribution to the European Union Strategy Europe 2020 for smart, sustainable and inclusive growth (2010).
The paper presents research which investigates the implications of national culture and organizational culture in the Lithuanian and Russian SMEs. While much of the attention has been given to organizational culture in large companies, little research has been focused on organizational and national culture in SMEs. The research is based on the main ideas of Hofstede’s framework of seven cultural dimensions and Denison’s cultural model, which measures culture in organizations with four major traits, such as involvement, consistency, adaptability, and mission. The quantitative research is based on responses to a questionnaire embracing various aspects of national and organizational culture. The authors of the research have elaborated proposals for further research.
While labour market research is not a new phenomenon, interest in it is growing. Literature frequently discusses changes in the market as separate disciplines, isolated from each other. On the other hand, it can be found that more and more scientists understand and choose interdisciplinary research as a powerful tool for understanding, critique, explanation and change. But some of these approaches have difficulty accounting for change and the co- existence of similarity and diversity, as well as being ‘gender blind’.
This article critically reviews a range of theoretical approaches to employment research and practice using the lens of feminism. The appropriate integration of gender awareness into mainstream theorizing, is advocated alongside its separate development. In addition, in this article we provide a multidisciplinary approach and attempt to integrate important aspects (knowledge, education, entrepreneurship, self-employment and informality, employment and globalization) that the analysis of labour market and research puts forward. In the light of this assessment, this paper sets out to indicate potentially useful approaches for conducting employment research in the future, where gender is a core component of analysis. Such approach aims to act as a catalyst to provoke a more extensive debate on this topic.