The Effect of Strategic Firm Objectives on Competition

Subject. Currently, it is still important to choose how depreciation is charged, since this exactly reflects how future economic benefits of fixed assets are allocated over time. Amendments to the Russian laws on the use of Federal Accounting Standard (FAS) 6/2020 Fixed Assets helped update not only the procedure, but also the terminology. This totally influence how depreciation is recognized as per accounting policies of a firm. Objectives. The study focuses on the specifics of regulation and accounting for depreciation of fixed assets. Methods. The methodology includes the methods of analysis, systematization, comparison and generalization of regulatory sources and scientific literature on the subject. Results. We conducted the critical analysis of FAS 6/2020 in terms of using depreciation aspects, which relate to the useful life of a fixed asset, its drop value and depreciation method. Having analyzed regulatory documents, we summarized requirements to the useful life of fixed assets. Conclusions and Relevance. Practical issues of the drop value assessment should be resolved with respect to international practices. We also suggest non-governmental regulators of the Russian accounting practice should outline guidelines for the assessment of the drop value. There are still pending issues concerning the calculation of depreciation when a fixed asset is not used each day of a month. The depreciation calculation method should be stipulated in accounting policies, like aspects of revising depreciation elements. Considering the use of FAS 6/2020, accounting policies should be updated to formulate the content of changed aspects. The findings may prove useful to accountants when updating accounting policies on the use of depreciation methods in 2022 and onward.

Download Full-text

Firm Objectives, Controls and Organization

10.1007/978-94-009-1610-4 ◽

1996 ◽

Cited By ~ 74

Author(s):

Gunnar Eliasson

Keyword(s):

Firm Objectives

Download Full-text

Fostering task and adaptive performance through employee well-being: The role of servant leadership

BRQ Business Research Quarterly ◽

10.1177/2340944420981599 ◽

2020 ◽

pp. 234094442098159

Author(s):

Janne Kaltiainen ◽

Jari Hakanen

Keyword(s):

Servant Leadership ◽

Task Performance ◽

Work Engagement ◽

Employee Performance ◽

Well Being ◽

Change Score ◽

Jel Classification ◽

Adaptive Performance ◽

Firm Objectives

In this study, we provide insights on how servant leadership may promote employee performance. We investigate whether the associations between increases in servant leadership and employees’ task and adaptive performance are mediated by changes in the two antipodes of employee well-being: work engagement and burnout. We utilized a two-wave survey data ( N = 2453) collected from 34 organizations and latent change score modeling as an analytical approach to examine associations among within-person changes. Our findings showed that increased perceptions of servant leadership were associated with increases in work engagement and decreases in burnout. Increases in work engagement were associated with increases in task performance and four subfacets of adaptive performance (i.e., stress management, reactivity, creativity, and interpersonal adaptivity). Decreases in burnout were associated with increases in task performance. Our findings suggest that improved servant leadership practices may foster employees’ task and adaptive performance especially through the promotion of work engagement. JEL CLASSIFICATION: L200 Firm Objectives, Organization, Behavior: General

Download Full-text

Antecedents of Knowledge Acquisition in Micro, Small and Medium Enterprises

Journal of Management Info ◽

10.31580/jmi.v7i2.1420 ◽

2020 ◽

Vol 7 (2) ◽

pp. 76-91

Author(s):

Bernice Korkor Gligah Gligah ◽

Norzaidahwati Zaidin ◽

Eugene Okyere-Kwakye

Keyword(s):

Knowledge Acquisition ◽

Business Performance ◽

Small And Medium Enterprises ◽

Environmental Knowledge ◽

Business Success ◽

Research Areas ◽

Firm Objectives ◽

Medium Enterprises ◽

Essential Path ◽

Knowledge Market

Knowledge acquisition has gained several research areas, such as human resources, marketing, finance, performance, and so forth. It has been acknowledged as an essential path for business success. While firms recognize the importance of knowledge acquisition to enhance business performance, previous literature indicates that SME’s are limited in knowledge acquisition efforts corroborated by the limited research in knowledge sources. For SMEs, knowledge acquisition can be identified as a vital variable as its absence may often hamper the leverage of attaining firm objectives. The frugality of research in discussing the antecedent factors in knowledge acquisition unequivocally, in the Micro, Small and Medium Scale Enterprises is the motivation for the present study. Based on previous studies the study develops a conceptual framework to suggest a relationship between knowledge acquisition and four antecedent factors (domestic knowledge, market knowledge, technological knowledge, and environmental knowledge). A Questionnaire is proposed to collect data and Smart PLS would be used to analyze the data. Conclusion/Recommendations: This study attempts to discuss some of the precursor variables that can affect knowledge acquisition.

Download Full-text