Multifractal Company Market: An Application to the Stock Market Indices

Using the multiscale normalized partition function, we exploit the multifractal analysis based on directly measurable shares of companies in the market. We present evidence that markets of competing firms are multifractal/multiscale. We verified this by (i) using our model that described the critical properties of the company market and (ii) analyzing a real company market defined by the S&P500 index. As the valuable reference case, we considered a four-group market model that skillfully reconstructs this index’s empirical data. We point out that a four-group company market organization is universal because it can perfectly describe the essential features of the spectrum of dimensions, regardless of the analyzed series of shares. The apparent differences from the empirical data appear only at the level of subtle effects.

Analysis of CSR effort affect on company results and employee awareness

Introduction. The article explores several factors of corporate social responsibility (CSR) influencing various aspects of a company, including profitability, efficiency and employee attitude and wellbeing, further focusing on employee CSR awareness. Approximately Aim and tasks. The aim of the article is to determine how companies CSR efforts are affecting the company results and employee awareness, with discussion of latest available researches from 2020 and to date, including an analysis of employee awareness in a selected company in Latvia during 2020. A quantitative method is used in this study, using a questionnaire for analysis of Atea Global Services Ltd employee CSR awareness, conducted by the companies CSR Ambassadors team. Data was collected from the internal survey conducted among employees of the Atea Group company in Latvia, with the total of 108 company employed participants out of 465 existing employees. The main tasks of the article are 1) to indicate and discuss possible outcomes of companies CSR efforts and employee awareness based on existing recent researches; 2) to understand whether employees were aware of the existing “CSR Ambassadors” initiative in Atea Global Services Ltd. (AGS) based on the conducted survey; 3) to determine the employee level of knowledge of the general CSR concept and company’s CSR initiatives based on their self-evaluation. Results. The article provides several theoretical aspects of CSR effort outcomes, including increased profitability, customer satisfaction, employee retention and an overall positive company image. Findings show that the employees of Atea Global Services are largely aware of the CSR Ambassadors initiative, but show a lack of understanding of the performed activities due to moderate level of internal communication on the subject. Conclusions. The theoretical research indicate several positive aspects for companies to support their CSR efforts as well as some possible implications. Theoretical research results may be applied to understand CSR efforts in various industries, however, the practical example of employee awareness research is limited to a single company in the information technology industry and requires further research for wider application.

Pengaruh Strategi Digital Marketing Terhadap Minat Beli Konsumen Di Era Pandemi Covid-19

Shopee is a marketplace from Singapore, and has started to expand the Southeast Asian market since 2015 including Indonesia. Lifestyle changes amid the pandemic have increased the use of digital media to support online shopping activities. The number of E-commerce usage has increased by 38.3% during the Covid-19 pandemic which started from January to July 2020. Shopee, which is under the auspices of the SEA Group company, is able to get the attention of consumers in Indonesia. It is known that in the first quarter of 2020 Shopee received 71.5 million visits and in the second quarter of 2020 there were 93.4 million visits with the number of orders entering the number of 260 million orders or an increase of 130% from the previous. The purpose of this study is to find out what digital marketing strategy is being carried out by Shopee, and how it affects consumer buying interest, especially in West Java Province during the Covid-19 pandemic, as well as what efforts can be made by Shopee to improve digital marketing strategies. they. Based on the results of the research, it is known that there are 3 digital marketing strategies carried out by Shopee, namely marketing techniques that are in accordance with the trend, maximizing digital media as a place of promotion, and implementing the 4C marketing mix which has influenced consumer buying interest by 51.50% and the remaining 48. ,50% is influenced by other factors not examined in this study such as needs, quality products, and so on.

Perancangan Sistem Informasi Stok Onderdil Kendaraan Tronton Tangki pada Zetka Inc Group berbasis Java

Abstrak— Dengan adanya sistem stok onderdil ini, yang diharapkan akan memudahkan untuk pencatatan stok serta pencetakan laporan. Pencatatan pemeliharaan kendaraan dilakukan oleh Divisi Procurement. Semua pencatatan suku cadang mobil Truk Kapsul dan Dump Truck biasa dicatat di Microsoft Excel oleh tim Procurement dengan baik. Cara kerja tim Procurement tersebut biasanya dilakukan dengan sharing data melalui jaringan lan pada komputer mereka. Untuk pengecekan dan bertukar data biasanya dilakukan dengan sharing data melalui jaringan lan. Tujuan penelitian adalah untuk membuat sistem stok onderdil dengan menggunakan metode SDLC data flow diagram.Kata kunci: Perancangan Aplikasi, Java, mysql, Onderdil, Perusahaan Zetka Inc GroupAbstrak— With this spare parts stock system, it is hoped that it will make it easier for stock recording and report printing. Recording of vehicle maintenance is carried out by the Procurement Division. All records of car spare parts for Capsule Trucks and Dump Trucks are properly recorded in Microsoft Excel by the Procurement team. The way the Procurement team works is usually done by sharing data over a LAN network on their computers. Checking and exchanging data is usually done by sharing data over a LAN network. The purpose of this research is to create a spare parts stock system using the SDLC data flow diagram methodKeyword: Application Design, java, mysql, Parts, Zetka Inc Group Company

Managing Organizational Communication in Tourism Industry. The Case of Kosovo

The main purpose of this paper is to explore the definition of the tourism industry and to examine the forms and importance of managing organizational communication in the tourism industry. Organizational communication deals with the interaction, coordination between individuals in a group, company, or organization. Effective communication results in problem-solving and decision-making at the organizational level. Communication skills regulate behavior and create motivation among people. Motivation is an important part and factor of behavior and should be part of a communication process. To successfully manage communication network and be effective, it must include training and guidance, and that the information is accurate in a timely manner in order to resolve and prevent potential conflicts. The tourism industry brings many economic benefits, jobs and raises the image of the country, and through tourism the country can be recognized and promoted by attracting foreign tourists. The tourism industry is the combination of all sectors related to tourism, a combination of hotels and facilities for accommodation, entertainment, business, and other purposes, so it interacts with many sectors of the economy.

Comparison of Determinants of Capital Structure in Lippo Group and Bakrie Group Companies Listed on the Indonesia Stock Exchange (Partial Adjustment Model Approach)

This study aims to determine the determinants of the capital structure of the Lippo Group and the Bakrie Group listed on the Indonesia Stock Exchange using the partial adjustment model approach. The population in the Lippo Group company is 12 and the population at the Bakrie Group company is 9. The sample of this study is that all companies listed on the Indonesia Stock Exchange are 21 companies. Data analysis used panel data regression method with partial adjustment model approach. The results of the research in the t test at the Lippo Group company show that the lag leverage has a positive and insignificant effect on leverage, profitability has a positive and significant effect on leverage, company size has a positive and insignificant effect on leverage, earning volatility has a positive and significant effect on leverage, assets tangibility has a positive and significant effect on leverage and growth opportunity has a positive and insignificant effect on leverage. The results of the research in the t test at the Bakrie Group company show that the lag leverage has a positive and insignificant effect on leverage, profitability has a positive and insignificant effect on leverage, company size has a positive and insignificant effect on leverage, earning volatility has a positive and insignificant effect on leverage, assets tangibility has a negative and insignificant effect on leverage, growth opportunity has a negative and insignificant effect on leverage. The partial adjustment model test results show that only Lippo Group company on the variables of profitability, earning volatility and assets tangibility have a significant positive effect on leverage. The results of the comparison of the optimal capital structure show that the Bakrie Group has a higher level of optimal capital structure by 83% than the Lippo Group at 55%. Keywords: Lag Leverage, Profitability, Company Size, Earning Volatility, Assets Tangibility, Growth Opportunity, Leverage.

Analysis of the Impact of Macroeconomic Stability on the Level of Global Competitiveness of Western Balkan Countries

Competitiveness, as a complex concept, can be observed in different ways, from the perspective of an individual, group, company and/or state. The subject of this paper deals with competitiveness of national economies observed through factor analysis, with a particular focus on the level of macroeconomic stability. Through the application of the Analytical-Hierarchical Process (AHP) method, special attention has been paid to the comparative ranking of Western Balkan countries. The ranking has been made in relation to macroeconomic stability and the positions of countries in the ranking of the World Economic Forum, based on the Global Competitiveness Index, for three defined periods of time. The paper identifies key factors that affect the competitiveness of Western Balkan countries. Research findings show that macroeconomic stability has a strong impact on the level of global competitiveness of national economies.

Liability of The Holding Company for Unlawful Actions In Group Companies

Economic development in Indonesia has progressed significantly from year to year, so has the development of national companies either in the form of a single company, joint venture, or group company in the form of PT, CV and so on. The development referred by this research is the development of group companies consisting of holding companies and subsidiary companies where the leadership system of the group company is centralized so that it has the potential to arise an abuse of authority from the holding company, one of which is illegal acts arising from the legal relationship between the holding company and its subsidiary within the group company. This can be seen in the case decision of the Supreme Court of the Republic of Indonesia No.89 PK/Pdt/2010 between PT. Effem Food, Inc and PT. Effem Indonesia against PT. Smak Snak regarding violations of distribution activity. The purpose of this study was to determine the form of liability from the holding company to the subsidiary in the event of an illegal act in the group company based on the decision of the Supreme Court of the Republic of Indonesia No. 89 PK/Pdt/2010. Based on the Judge's assessment and consideration of the evidence of losses suffered by the plaintiff, namely PT. Smak Snak, against the bad faith of the defendants, namely PT. Effem Food, Inc. and PT. Effem Indonesia, causing the panel of judges to place joint liability on PT. Effem Food, Inc. and PT. Effem Indonesia for their illegal actions as the holding company against PT. Smak Snak as a subsidiary. This decision is a manifestation of the application of piercing the corporate veil to the holding company and its subsidiary due to the ownership of PT. Effem Food, Inc. over 90% shares of PT. Effem Indonesia, regarding to this case, PT. Effem Food, Inc. acting as the holding company of PT. Effem Indonesia which exercises to control over the operational activities of its subsidiary. This research is a normative research with a conceptual and statutory approach

Renewal of Middle Wave Transmitters in Slovak Republic

This paper deals with the replacement of middle wave transmitters in Slovak Republic. The original transmitters were based on class C vacuum tube fundamentals and were produced by the Czechoslovakian group company Tesla. Class C transmitters were transmitting reliably to this day, however, the lifespan of these transmitters was nearing its end, moreover the need for a better quality analog modulated signal has pushed for its replacement and therefore they were replaced by modern, highly efficient class D transmitters, while utilizing the original infrastructure consisting of antennas and power inputs. Due to differences in characteristic parameters, however minor, this caused some significant problems, with impedance matching. To resolve these problems, it was necessary to implement a newly designed IMU (Impedance Matching Unit), while also securing a lightning strike protection. This paper has proposed a possibility of lightning surge protection of middle wave transmitters. The original protection implemented with the installations of class C transmitters was consisted only of multiple spark gaps. This kind of protection may prove inefficient using new class D transmitters. The device described in this paper has been designed and successfully implemented on a middle wave transmitter in Čižatice. This transmitter is transmitting with 5 kW power on the antenna with the carrier frequency of 702 kHz. Since the implementation of our device, the transmitter reports no failures and continues to transmit safely.