Sustaining competitive advantage through good governance and fiscal controls: Risk determinants in internal controls

Rahman, Jahidur Md; Marjerison, Rob Kim

doi:10.22495/cocv18i1art3

Cited by 5 publications

(1 citation statement)

References 109 publications

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“…Internal Control Material Weaknesses (Rahman & Marjerison, 2020). Penelitian yang dilakukan (Andes et al, 2020) mengkaji penelitian sebelumnya untuk mengetahui peran keunggulan bersaing sebagai variabel yang memediasi pengaruh tata kelola perusahaan dan modal intelektual pada nilai perusahaan.…”

Section: Peningkatan Keunggulan Bersaing Melalui …unclassified

PENINGKATAN KEUNGGULAN BERSAING MELALUI PENGEMBANGAN MODEL GOOD CORPORATE GOVERNANCE & CORPORATE SOCIAL RESPONSIBILITY PADA SUBHOLDING PERTAMINA HULU ENERGI REGIONAL 1

Nuryanto

Indrakusumah

2022

BUSS EDU TECH

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The increasingly fierce business competition in the current era of globalization, also the high risk that can be caused by the operational activities of companies engaged in oil and gas both to internal and external parties, plus the social problems that can arise from the operational activities of oil and gas companies due to public dissatisfaction have encouraged companies to has a valuable competitive advantage and solves such complex problems, including for Sub holding of Pertamina Hulu Energy regional 1 which is located on Sumatera Island which is famous for being rich in oil and gas, but in reality the poverty rate of the population around the company's operational activities is still very high. For this reason, this research was carried out using GCG and CSR variables as predictors of competitive advantage, where researchers conducted instructions on the variables through the dimensions of each latent variable that would be tested into the research model. The research was conducted for 9 months starting from January to September 2022, using a quantitative approach, survey method and the analysis method using structural equation model (SEM) PLS. The number of indicators used in this study were 32 indicators. The sampling technique used is simple random sampling of 160 respondents to people and community around the company's operational activities. The results show that 32 indicators used in the model have good validity and reliability. The goodness of fit results from the model built have a good predictive relevance with coefficient of determination for economic dimension is 63.3%, while the environmental dimension is 72.3%, the social dimension is 62.9%, and competitive advantage is 81.7 %. The results of the Q2 and GoF index show the model has a high level of model fitness. The results of the fifteen hypotheses proposed in this study are accepted, show the importance of managing the GCG and CSR dimensions to increase competitive advantage of the company

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Section: Peningkatan Keunggulan Bersaing Melalui …unclassified

PENINGKATAN KEUNGGULAN BERSAING MELALUI PENGEMBANGAN MODEL GOOD CORPORATE GOVERNANCE & CORPORATE SOCIAL RESPONSIBILITY PADA SUBHOLDING PERTAMINA HULU ENERGI REGIONAL 1

Nuryanto

Indrakusumah

2022

BUSS EDU TECH

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Community security is the key to sustainable governance: Methods and functions of crime hotspot predictions

Wang¹,

Lee²

2021

CGSR

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Forecasting is becoming increasingly important in corporate sustainability governance, as is government governance, and the prediction of police crime hotspots is related to human rights, so transparency is needed. There are many ways to predict hotspots of criminal activity in urban areas. Experts assume that if many crimes occur somewhere, even more, are likely to happen at subsequent times. Such predictions may rely on a state dependency model such as the Poisson distribution algorithm to formulate re-occurrence, its results can provide a visualized hotspot map with Q-GIS maps. Forecasting sets the threshold for re-occurrence and affects the distribution of the forecast. This paper studies the occurrence of criminal activity in urban areas, refers to the metrics set by the NIJ’s crime prediction contest and focuses on the presentation of the results by accumulating different historical data. It was determined that when the amount of cumulative data is greater, its prediction measures by the prediction accuracy index (PAI) insures that accuracy is improved, but the prediction efficiency index (PEI) that efficiency level is worse. Because threshold setting directly affects the performance of the forecast, it can be used differently. Here sets four different indicators, hit rate, useful rate, waste rate, and missing rate. It was determined that the hit rate, missing rate, the PAI value, and the PEI value are directly proportional to the threshold value, while the trend of useful rate and waste rate are inversely related. Concerned policymakers can set different thresholds dependent up the number and budgetary constraints of police forces, and they can work towards achieving crime prevention in urban hotspots. Importantly, Poisson’s approach can be simply implemented with Excel, be conducive to drive by the office practitioner, and elevate the transparency of crime prediction.

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The route to corporate social value via health and safety performance, productivity, and management quality

Sun

2022

CGSR

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The article discusses the relationship between global pandemic and macroeconomic development by demonstrating the critical role of occupational health and safety (OHS) risk management in-between. OHS is a key component of the environmental, social, and governance (ESG) practice, which has contributed to the intangible asset value and investment return of listed companies. Through literature review and case studies, the research found that there is a lack of solid evidence in verifying the relationship between OHS activities and business performance. Public health risk, such as COVID-19, unveils its direct and indirect impact on macroeconomic and microeconomic development. O’Donnell (2000) and Gahan, Sievewright, and Evans (2014) believe the quality of OHS management has a critical impact on workers’ productivity, a root-value driver of organizational value. Moreover, good OHS risk management and governance practices represent non-financial factors and enhance the intangible value of organizations through productivity and quality improvement. As the result of the study, it develops a conceptual framework for linking top-line organizational values with corresponding bottom OHS activities and helps organizations understand the logic behind the bottom-up value transmission mechanism. The quantitative analysis of the conceptual framework goes beyond the scope, and suggestions for further research are put forward

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Sustaining competitive advantage through good governance and fiscal controls: Risk determinants in internal controls

Cited by 5 publications

References 109 publications

PENINGKATAN KEUNGGULAN BERSAING MELALUI PENGEMBANGAN MODEL GOOD CORPORATE GOVERNANCE & CORPORATE SOCIAL RESPONSIBILITY PADA SUBHOLDING PERTAMINA HULU ENERGI REGIONAL 1

PENINGKATAN KEUNGGULAN BERSAING MELALUI PENGEMBANGAN MODEL GOOD CORPORATE GOVERNANCE & CORPORATE SOCIAL RESPONSIBILITY PADA SUBHOLDING PERTAMINA HULU ENERGI REGIONAL 1

Community security is the key to sustainable governance: Methods and functions of crime hotspot predictions

The route to corporate social value via health and safety performance, productivity, and management quality

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