Green Reporting and Its Impact on Business Strategy

2019 ◽  
pp. 91-109
Author(s):  
Dana Maria (Oprea) Constantin ◽  
Dan Ioan Topor ◽  
Sorinel Căpușneanu ◽  
Mirela Cătălina Türkeș ◽  
Mădălina-Gabriela Anghel
Keyword(s):  
Computer Program ◽  
Business Strategy ◽  
Business Environment ◽  
International Literature ◽  
Green Accounting ◽  
Economic Entity ◽  
The World ◽  
New Ideas ◽  
Empirical Framework

This chapter illustrates some aspects of the green reporting and its impact on the business strategy of an economic entity. The main objectives of this chapter are to present the green reporting and the green accounting synthesis documents and, also, to present the computer program for the green report of an economic entity. Based on the national and international literature, the authors present the concepts of the green reporting and integrated report and a computer program specifically designed to record green costs and green reporting. They present the types of green costs and the legislation related to the green reporting. The aspects presented by the authors are based on the national and international literature, specialized studies related to the topic of this study. A new theoretical-empirical framework is created by the authors through their contribution, which facilitates the identification of new ideas, themes, and debates of other issues encountered in the world business environment.

Planning, Budgeting, and Green Controlling

2020 ◽  
pp. 52-79
Author(s):  
Attila Szora Tamaș ◽  
Cristian-Marian Barbu ◽  
Ileana-Sorina Rakos ◽  
Alina-Georgiana Solomon
Keyword(s):  
Strategic Planning ◽  
Budgetary Process ◽  
Economic Entity ◽  
New Ideas ◽  
Indispensable Tool ◽  
Green Controlling ◽  
Controlling Processes ◽  
And Control ◽  
Empirical Framework

The issue of this chapter is to illustrate the aspects of planning, budgeting, and controlling green activities within an economic entity and their impact on the profitability of the entity. The objectives of this chapter are to present the strategic planning, budgeting, and control/controlling processes; the presentation of the principles underlying the budgeting; and the presentation of a case study on the elaboration of the budgetary process and the controlling of an economic entity in the manufacturing field. The chapter presents the types of integrated budgets and how to report the achievement of the objectives. By providing effective information on planning and budgeting, green controlling becomes an indispensable tool for any economic entity in monitoring and measuring performance. Thus, through the contribution made, a new theoretical and empirical framework is created by the authors, which facilitates the identification of new ideas, themes, and debates of other aspects encountered in the activity of the economic entities.

Target Costing and Its Impact on Business Strategy

2019 ◽  
pp. 20-43
Author(s):  
Constantin Anghelache ◽  
Sorinel Căpușneanu ◽  
Dan Ioan Topor ◽  
Andreea Marin-Pantelescu
Keyword(s):  
Business Strategy ◽  
Cost Accounting ◽  
Business Environment ◽  
Target Costing ◽  
Managerial Decision ◽  
Economic Entity ◽  
Software Program ◽  
Implementation Stages ◽  
Execution Mode ◽  
Methodological Aspects

This chapter highlights aspects of the contribution of an IT program used in cost accounting and its management according to the target costing (TC) and its impact on the business strategy of an economic entity. The authors present the historical evolution of the TC, its implementation steps, and the methodological steps that go into the management accounting. The characteristics of a software program specifically designed for cost accounting and management of TC, its design, implementation stages, execution mode, are presented. The guarantee of a managerial decision is based on the provision of real, accurate, and reliable information that can be obtained and analyzed with this software program. The theoretical and methodological aspects presented are based on the existing literature, university studies, and specialty from all over the world. Through the authors' contribution, a new conceptual-empirical framework is created to discuss issues that impact on the business environment of economic entities.

Throughput Accounting and Green Reporting

2019 ◽  
pp. 94-119
Author(s):  
Dana Maria (Oprea) Constantin ◽  
Dan Ioan Topor ◽  
Sorinel Căpușneanu ◽  
Adrian Anica-Popa
Keyword(s):  
Decision Support ◽  
Circular Economy ◽  
Global Economy ◽  
Geographic Scale ◽  
Economic Entity ◽  
Research Themes ◽  
The World ◽  
New Research ◽  
National Economies ◽  
Empirical Framework

This chapter highlights some aspects of the contribution of TA to enhancing environmental performance. The main objectives of this chapter are to highlight aspects related to the TA and its implications for its use as an efficient method in ensuring decision support in the environmental reports of an economic entity. This implies the transition to a larger geographic scale of national economies and, implicitly, the global economy, from a linear economy to a circular economy that should not only involve the recycling of resources but also the green reporting requirement. All aspects presented by the authors are based on the existing specialized literature, university studies, and specialty from all over the world. A new conceptual and empirical framework has been developed as a result of the issues debated and presented by the authors, whose purpose is to extend the knowledge of specialists from all over the world, as well as challenging other equally interesting new research themes.

Sustainable Business Practices and Their Influence on Manager Decisions

2020 ◽  
pp. 138-167
Author(s):  
Mirela-Cătălina Turkeș ◽  
Dan Ioan Topor ◽  
Sorinel Căpușneanu ◽  
Dana Maria (Oprea) Constantin
Keyword(s):  
Business Models ◽  
Business Practices ◽  
International Literature ◽  
Sustainable Business ◽  
Managerial Decisions ◽  
New Ideas ◽  
Sustainable Business Models ◽  
Transversal Study ◽  
Empirical Framework

This chapter highlights the results of a transversal study on the influences of managers' decisions on sustainable business models. The objectives of this chapter are presentation of business models and sustainable business models and a study on the influences of managers' decisions on the use of sustainable business models. Based on the internal and international literature, the authors present the concepts of business models and sustainable business models as well as their typology. The types of sustainable business models are presented. The case study is focused on presenting the influences of managerial decisions on the sustainable business models of SMEs. Thus, through the authors' contribution, a new theoretical and empirical framework is created, which facilitates the identification of new ideas, themes, and debates of other aspects encountered in business and sustainable business models.

Enterprise and its Business Environment

2016 ◽  
Keyword(s):  
Business Environment ◽  
Solid Base ◽  
Business Enterprise ◽  
The World

A clear and insightful introduction to the world of business enterprise and the inner workings of the firm. It explores the role of entrepreneurs, consumers and businesses to understand how their roles affect the production and allocation of good and services and provides a solid base from which those new to the study of business can develop their own interests in relation to the most powerful economic and entrepreneurial forces shaping the world in which we live.

Digital Economy: New Opportunities and Threats for the Development of the World Economy

2018 ◽  
Vol 11 (2) ◽  
pp. 18-26 ◽  
Author(s):  
I. A. Strelkova
Keyword(s):  
World Economy ◽  
Practical Experience ◽  
Business Environment ◽  
Digital Economy ◽  
The State ◽  
Market Exchange ◽  
Country Level ◽  
The World ◽  
Business Structures ◽  
Definition Of

The paper examines various approaches to the definition of the term «digital economy» in the scientific and business environment along with factors and forms of its development in different countries taking into account the specifics of the current stage of the Russian economy, which is a matter of particular importance in seeking new sources of the world economy growth. The subject of the research is opportunities and threats inherent in the process of digitalization of economies and their impact on the operation of international and national markets as well as the development of the world economy as a whole. The purpose of the paper was to analyze the practical experience in the formation and development of the digital economy in foreign countries and Russia and identify the changes it brings to the activities of state institutions and business structures, established rules of market exchange, the process of promotion and use of innovations. All the above made it possible to determine the country-level specifics of the digital economy evolution reveal the contradictory nature of its manifestations and justify the necessity for active participation of the state in stimulation and support of potentially promising digital innovations in various sectors of the economy. It is concluded that the level of the digital economy development depends on the real-sector performance, the maturity of markets, the state of the national economy. It is highlighted that the criteria for a comprehensive assessment of the results of the economy digitalization must be developed.

Actual issues of valuation of businesses of the economic entity

2017 ◽  
Vol 31 (2) ◽  
pp. 156-162 ◽  
Author(s):  
O. V. Schneider
Keyword(s):  
Discount Rate ◽  
Accurate Prediction ◽  
Economic Activities ◽  
Business Valuation ◽  
Economic Entity ◽  
The World ◽  
Definition Of

The article summarizes the main approaches in the definition of business valuation the economic entity. In the process of business valuation, taking into account the risks of financial and economic activities necessary to obtain information on what stage the owner implements the business will receive income. The most difficult task is the impossibility of accurate prediction in determining the level of income and the determination of a discount rate capitalization of future incomes due to the instability of the economy, both in the country and around the world.

ANALYSIS OF THE STRUCTURAL DYNAMICS OF THE DIGITAL ECONOMY IN TODAY'S REALITIES

2021 ◽  
Vol 14 (1) ◽  
pp. 40-47
Author(s):  
Tatуana Ivanovna LOMACHENKO ◽  
Keyword(s):  
Structural Dynamics ◽  
Digital Technology ◽  
Business Strategy ◽  
Production Management ◽  
Production Efficiency ◽  
Business Processes ◽  
Business Environment ◽  
Digital Economy ◽  
Digital Transformation ◽  
Evolutionary Stage

Nowadays, there is no consensus that digitalization is a threat to business security or an opportunity to comprehensively manage the entire chain of business processes in real time, taking into account incoming data from all assets. However, political and economic instability, demand volatility, and competition are all a set of global challenges that digital transformation has responded to. In industry, the competitive advantage has become not the ownership of the enterprise, the firm, but access to digital technology, on which the efficiency of work with specific resources depends. The processes of forming individual business segments related to production management based on modern digital technology have already been launched and most companies are focused on this direction. The article reveals the features of the evolutionary stage of digital economy development, presents the relationship of this process with the formation of the conceptual framework from the theoretical foundations, substantiated in the 1990s by foreign and domestic scientists to modern approaches in the interpretation of digital economy definitions. The article proposes the structural dynamics of the digital economy in today's realities, revealing internal problems, opportunities for economic growth, maturity and readiness of the state to new ways of doing business in the digital economy and digital transformation, to form the country's national strategy. In addition, the conditions under which digital transformation opens up new opportunities for the business environment, the public sector and society as a whole are presented. Changes in business strategy, organizational forms, business process capabilities, new approaches in working with clients, competitive advantages, increase in profit sources are analyzed. As a result, the efficiency of the whole system increases, which allows to reach a fundamentally new level of production efficiency in a short time.

Rising of the Phoenix: Mitigating Political Risk through Knowledge Management—Behn, Meyer & Co., 1840–1959

2018 ◽  
Vol 19 (4) ◽  
pp. 946-978 ◽  
Author(s):  
SHAKILA YACOB
Keyword(s):  
Knowledge Management ◽  
Business Strategy ◽  
Malay Peninsula ◽  
International Networks ◽  
Business Interests ◽  
Political Risks ◽  
The World ◽  
History Of ◽  
British Colonial ◽  
The Phoenix

This article examines how a German firm in the Malay Peninsula—Behn, Meyer & Co.—capitalized on its knowledge management to overcome political risks during the period from 1840 until 1959. During the two world wars, all assets and properties of the Behn Meyer firm were systematically expropriated because of the introduction of the Alien Enemies (Winding Up) Act of 1914 and the subsequent imposition of a ten-year ban by the British colonial administration in the Malay Peninsula. However, Behn Meyer’s resilience and flexible outlook, as demonstrated by its management of political risks during these tumultuous periods, enabled it to rebuild its business interests and reestablish a foothold in postcolonial Malaysia and the region. This article argues that Behn Meyer displayed an exemplary business strategy, utilized its understanding of the geopolitics of the area, and leveraged its local and international networks to ensure its survival and longevity in the most tumultuous period in the history of the world.

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