Problems and Perspectives in Management

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ISSN / EISSN : 17277051 / 18105467
Current Publisher: LLC CPC Business Perspectives (10.21511)
Total articles ≅ 670
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Latest articles in this journal

Fauzan Ali Rasyid, M Sandi Marta
Problems and Perspectives in Management, Volume 18, pp 385-393; doi:10.21511/ppm.18(1).2020.33

In today’s organizational environment, human resources are seen to be one of the most crucial assets that must be maintained, particularly the existence of employees’ proactive behavior, which is needed for the sustainability of organizational performance. One factor, which may affect the employees’ proactive behavior, is organizational politics. Therefore, the main objective of this study is to investigate the effect of organizational politics on proactive behavior of government employees and to test further whether this effect was moderated by self-efficacy. This study used a quantitative approach with an exploratory method to answer the proposed hypothesis. The samples were 310 local government employees in Bandung district, Cimahi City, Bandung City, and West Bandung Regency, Indonesia. For processing the data and testing the hypotheses, this research employed Moderated Regression Analysis by using STATA 13. The results showed that organizational politics has a negative effect on the proactive behavior of government employees, and the moderation effect of self-efficacy can weaken the negative relationship between organizational politics and proactive behavior. The study, therefore, makes a valuable contribution regarding the additional evidence to the organization within this field.
Dung-Thi Doan, Lan-Ngoc Thi Nguyen, Hai Thanh Phan
Problems and Perspectives in Management, Volume 18, pp 371-384; doi:10.21511/ppm.18(1).2020.32

The purpose of this study is to determine the factors that influence the application of the International Financial Reporting Standards (IFRS) in Vietnam through the perceptions of business managers and auditors. Combining qualitative and quantitative research methods based on a comprehensive analysis and aggregation of information available from various sources, the results of the questionnaire interviews of 500 managers and auditors currently working in Vietnam are offered. The results of the study show that factors affecting the applicability of IFRS in Vietnam are: legal basis for accounting activities; characteristics of enterprises; qualification and competency of the accounting teams; and corporate governance. The study also finds that governance factors and socio-economic and cultural conditions have an uncertain influence on the IFRS applicability. At the same time, there is no significant difference in awareness of the ability to apply IFRS between the group of enterprise managers and auditors and groups of people with different work experience. Among them, the qualifications and competencies of the accountant teams and the characteristics of enterprises are the two factors that have the strongest impact on the applicability of IFRS in Vietnam.
Mykola Kurylo, Svitlana Lukash, Yurii Ladyka, Olena Zakharova, Oksana Sopianenko
Problems and Perspectives in Management, Volume 18, pp 359-370; doi:10.21511/ppm.18(1).2020.31

Land reform, which has been ongoing in Ukraine since 1990, now includes several strategic tasks, including the opening of the agricultural lands market. The article aims to identify the main risks of land reform implementation in Ukraine and outline the prospects for its development and impact on the country’s economy. The current state of the problem is analyzed based on the study of literary sources, regulatory and legal base, legislative initiatives, and their discussion in Ukrainian society. An attempt to systematically outline the possible positive consequences and risks of land reform in Ukraine in its various variants was made. Key initiatives for change, their impact on the economy of the state, and the benefits of major stakeholder groups are summarized. The necessity of ensuring based on the reform of the rational land use, forming a class of efficient land users in the society, stimulating the farming development and organic production development, was emphasized.
T. Thanh Binh Nguyen, Qi-Wen Huang
Problems and Perspectives in Management, Volume 18, pp 334-344; doi:10.21511/ppm.18(1).2020.29

This paper empirically studies the impact of female proportion and the background of the board on corporate social responsibility (CSR) disclosure of Taiwanese listed firms. The different groups of board size are detected by the structural break test, which is used as the threshold for dividing subsamples. The results show that the higher proportion of women and accounting background of board of directors, the more CSR disclosure for firms with more than 11 directors in the board, implying that women and accounting background directors can only promote their compassionate and reciprocal in CSR decision-making in large board firms. Overall, the empirical results poorly support the efficiency hypothesis suggesting that the board of directors is more powerful when it has high gender diversity. This study also confirms that the linear regression method may not be able to fully present the various possible relationships between the variables.
Lukáš Malec, Iveta Hamarneh, Jaroslav Poživil, Antonín Pavlíček
Problems and Perspectives in Management, Volume 18, pp 345-358; doi:10.21511/ppm.18(1).2020.30

This study aims to analyze the business view concerning the using the accommodation capacities in some central European countries, i.e. Austria, the Czech Republic and Slovakia in the NUTS-2 regional scope. The special attention is paid to Spain. The research is based on annual post-global economic crisis data. The authors apply a specific partial least squares (PLS) variant of multivariate methods, which relates many fundamental and derived tourism variables due to particular attention to using a weighting procedure. The authors determined that in order to encompass the territory predetermination for the best fit the changed conditions, the majority of significant cities have very good dynamics in capacity parameters and overnights for increasing the offers being greatly supplied by the annual changing number of visitors. However, Spain is substantially different from the other regions analyzed, forming ultimate conditions for mutual comparison. Moreover, the tracks of turning visitors into capital or significant cities, especially associated with the close natural attractions, are substantiated. The tourist’s resource potential specific only to the target region as well as relevant additional potential origins are examined on the sample of countries. Covering tourism as the world’s leading industry directly connected to accommodation tasks and a unique period examined, the results of this study can be used to formulate policy guidelines as well as to solve the tasks of attracting tourism and promote supply. AcknowledgmentThis research was funded by the Grant Agency of Academic Alliance under Grant Agreement number GA/13/2018.
Jamaliah Abdul-Majid
Problems and Perspectives in Management, Volume 18, pp 326-333; doi:10.21511/ppm.18(1).2020.28

The present study investigates whether ethnic diversity among firms’ directors influences the decision to take goodwill write-offs, after considering the economic factors of impairment (measured in terms of the market capitalization indicator), reporting incentives, and firms’ internal governance. The analysis focuses on energy firms in Malaysia from 2006 to 2018. The regressions results based on binary logistics show that energy firms are less likely to take goodwill write-offs even when the market indicates the possibility for the write-offs. The results also show the absence of the direct relationship between goodwill impairment decisions and ethnic diversity of the board of directors. Nevertheless, the results reveal that board ethnicity moderates the relationship between firms’ goodwill impairment decisions and the market capitalization indicator, suggesting that as firms encounter increasing market indicator of impairment losses, the board with diverse ethnicity positively influences firms in taking goodwill write-offs. The results of the present study add to the literature on board diversity and firms’ decisions with regard to goodwill impairment by highlighting the beneficial roles of having ethnically diverse board of directors, in that they use the market indicator that goodwill may be impaired in their monitoring role on the goodwill impairment decisions. The results offer input to the policymakers by suggesting that to strengthen the monitoring roles of the board of directors, they need to be diverse and equipped with indicators that would assist them in their monitoring decisions. AcknowledgementThe author acknowledges’ the research funding (i.e., FRGS grant 13591 provided via Universiti Utara Malaysia) from the Ministry of Higher Education in Malaysia.
Veronika Fenyves, Tibor Tarnóczi
Problems and Perspectives in Management, Volume 18, pp 315-325; doi:10.21511/ppm.18(1).2020.27

In today’s increasingly competitive markets, it is essential to be able to determine the position of a company as opposed to its competitors. Today the traditional financial ratios are most widely used to measure corporate performance, but more and more authors begin to criticize their use. It is difficult to use financial ratios as a complex measurement tool. It is crucial to use an appropriate method or tool to measure corporate performance, which can measure the company’s performance in a complex way represented by one indicator. In this study, the Data Envelopment Analysis (DEA) method is used, which is one of the potential tools available. Several researchers have used the DEA method to measure corporate performance. Many authors consider DEA as a useful tool for measuring corporate performance, while others criticize it. The authors analyze the performance of retail food companies in Hungary’s Northern Great Plain region. The companies analyzed were chosen from the region investigated, and they have “food retail grocery store” as their main activity, and they had six cleared annual reports in the period 2012–2017. There was a total of 887 companies in the region examined, and 563 (63.5%) met the conditions. The analysis was made using the time-series data of companies for 2012–2017 based on their financial reports, and the authors dealt with various possibilities for extending DEA, which can support its more accurate use. Based on evaluating the retail food companies’ performance in the Northern Great Plain region, one can state that the efficiency of companies shows a very mixed picture over the years examined. The study suggests solutions to the indicated problem. The findings indicate that the application of extended DEA methods gives better results; that is, one can get better estimates of the efficiency of companies.
Dmytro Zakharov, Svitlana Bezruchuk, Viktoriia Poplavska, Svitlana Laichuk, Hanna Khomenko
Problems and Perspectives in Management, Volume 18, pp 302-314; doi:10.21511/ppm.18(1).2020.26

The article explores social capital and its impact on economic development. This paper aims to analyze the role of trust in the process of growth and economic development. The interdependence of GDP per capita and trust level as an element of social capital has been analyzed. The correlation between trust and GDP per capita in 43 countries has been reflected. World Values Survey (WVS) was used to obtain empirical trust data. To determine the relationship between confidence level and GDP per capita, the correlation model was built. The regression coefficient b = 0.834 shows the average change in the effective indicator. Thus, with an increase of 1 unit of trust, GDP per capita rises by an average of 0.834. The coefficient of determination indicates that 60.68% of cases of changes in trust lead to a change in GDP per capita. The result suggests that trust serves as a tool in assisting the economic growth and company’s value. The study examines the tools that help to build trust, as economic development as a whole depends on it.
Olena Fomina, Olena Moshkovska, Svitlana Luchyk, Yulia Manachynska, Mikhaylo Kuzub
Problems and Perspectives in Management, Volume 18, pp 289-301; doi:10.21511/ppm.18(1).2020.25

This article aims at finding ways to improve the efficiency of Ukrainian agricultural enterprises’ valuation management based on a multidimensional actuarial model. The article confirmed the hypothesis of the relationship between accounting information, published in the financial statements of agricultural enterprises, compiled according to international financial reporting standards (IFRS), and actuarial management reporting. It is the latter, in the context of financial reporting conceptual basis, which promotes foreign investor’s managerial decisions on the expediency of investing temporarily free financial resources in the development of the agro-sector. The methodology of the research is based on optimization of the algorithm for estimating the agricultural enterprise market value within the framework of a cost-effective approach based on information filling of the actuarial management reporting using the method of adjusted net assets. The results of the study showed the dependence of investment attractiveness of Ukrainian agricultural enterprises on qualitative content of the reporting information provided within the framework of international accounting. The practical value of the results confirmed the optimal algorithm for estimating the value of agribusiness based on the accounting and information of actuarial management reporting according to its spatial interpretation from 3D to 5D format. The proposed 5D model for managing the value of agribusiness will facilitate an objective assessment of the agricultural enterprise value in just one step. AcknowledgmentThe article has been prepared within the research project “Business Value Management” (state registration No. 0118U000131) implemented in the Kyiv National University of Trade and Economics.
Fareg Mustafa Abodher, Zaimah Zainol Ariffin, Natrah Saad
Problems and Perspectives in Management, Volume 18, pp 278-288; doi:10.21511/ppm.18(1).2020.24

Tax non-compliance phenomenon has become a key issue for developing countries such as Libya because it hinders taxpayers from contributing effectively to the economy. Previous literature refers to diverse socio-psychological factors that influence tax non-compliance behavior. Nevertheless, there is a lack of study on the influence of religious factors on tax non-compliance. Therefore, the current study empirically examines the impact of Islamic perspective and Islamic religiosity on tax non-compliance behavior among self-employed taxpayers in Libya. A quantitative method using a questionnaire is utilized to collect the data. Structural equation modeling was employed using PLS. This study provides empirical evidence that Islamic perspective and Islamic religiosity have a significant positive relationship with tax non-compliance among Libyan self-employed. Theoretically, the findings have extended the body of knowledge by providing empirical evidence on the effect of religious factors on tax non-compliance. Practically, the study provides fruitful insights for policymakers and government officials to consider these factors as crucial while formulating taxation policies to minimize the phenomenon of tax non-compliance among Libyan individual taxpayers and, hence, increase government revenue.