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As the second-quarter earnings season nears its end, results have mostly met muted expectations. Speaking to ET Now, Harsha Upadhyaya, CIO, Kotak Mahindra AMC shared his views on corporate performance and India’s economic outlook.
Earnings Season in Perspective
“We are at the fag end…
Sustainability Reporting and Corporate Performance of Conglomerate and Industrial Goods Firms in Nigeria An Empirical Study
by Okoye, Ezinne Chimaram | Ezeagba, Charles Emenike "Sustainability Reporting and Corporate Performance of Conglomerate and Industrial Goods Firms in Nigeria: An Empirical Study"
Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021,
Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/44977/sustainability-reporting-and-corporate-performance-of-conglomerate-and-industrial-goods-firms-in-nigeria-an-empirical-study/okoye-ezinne-chimaram
Sustainability reporting remains a continuing concern as stakeholders demand for firms to be more socially, environmentally, and economically responsible continues to increase especially in developing countries like Nigeria. Thus, the study examined the effect of sustainability reporting disclosures of conglomerate and industrial goods manufacturing firms in Nigeria on their market share and return on assets. The study employed an ex post facto research design as data were obtained from the annual report of firms for a period of ten years 2010 2019 . Multiple regression analytical tools with the help of SPSS version 23 were used in analyzing the data for 16 conglomerate and industrial goods firms selected using the purposive sampling technique. The findings revealed that sustainability reporting has positive effect on market share and return on assets of firms studied. Based on the findings, it was concluded that sustainability reporting affects the performance of manufacturing firms and it was recommended that standard setters and government should develop a standard mandatory disclosure framework to ensure consistency and uniformity in reporting and also, companies are encouraged to disclose their economic, social and environmental information all geared to help stakeholders make informed decision.
Paper URL: https://www.ijtsrd.com/engineering/industrial-engineering/43805/review-on-green-supply-chain-management-as-a-strategic-approach-for-better-corporate-performance/sanath-n
ugcapprovedjournalswithlowpublicationfees
Development based on sustainability is the key to ensure a firm’s endurance and green supply chain management practices improves performance by considering environmental laws and standards, increasing customer awareness, and reducing adverse environmental effects through products and services. Strategies aligned with the green supply chain helps firms with creation of opportunities for better performance and meet the requirements of sustainability. This review paper aims to gain insights based on management of the green supply chain and its strategic effect on corporate performance through competitiveness. Based on the review, it is confirmed that a greener supply network has various benefits related to it and implementing green supply chain practices in sync with strategic planning can enhance corporate performance of firms in varied aspects. However, it also highlighted a research gap as there are limited studies showcasing the measured effect of greener supply network strategies and initiatives on corporate performance of a firm. Lastly, the paper contributes with avenues for further research with the possibilities of strategic approaches for a greener value chain to elucidate its impact quantitatively.
Corporate Performance Management Market Size, Share, Growth and Trend Analysis, 2015 to 2025
28 December 2018, the global corporate performance management (CPM) market is likely to exhibit significant growth in the coming years. Increasing need for minimizing operational costs and ensuring transparency related to business strategy among all employees can boost the growth of the market. Additionally, companies are adopting CPM solutions for improving performance by focusing more on core business. These solutions will also enable them to fulfill regulatory compliance and enhance security. Applications help to transform captivated information into operation tactics. It can also help with control and planning cycle along with customer relationship optimization requirements.
Soaring need for better financial planning process is playing a pivotal role in the growth of the market. CPM is also acknowledged as business performance management or enterprise performance management (EPM) tool. It involves business intelligence along with management and monitoring enterprise performance in important aspects related to operational cost, revenue, and return on investment (ROI). It consists of functions related to planning, budgeting, and forecasting. CPM solutions are commonly implemented for better and quicker budgeting or financial reporting in case of financial performance management tools. However, various other applications have evolved significantly over the years.
Browse Details of Report @ https://www.hexaresearch.com/research-report/corporate-performance-management-market
These solutions also include a wide range of applications such as labor scheduling and budgeting, workforce analytics, and managing attendance and time, absence or leave, and task and activity. However, surging demand for complete management tools along with influx of mobile ready applications is poised to drive the market. For instance, Kronos Incorporated developed a solution called Kronos absence management solution, which can be easily deployed and managed through cloud technology. This automated solution streamlines complex labor laws and helps reduce various tasks such as late arrivals, vacation time, and manage sick time. It also provides reliable data related to labor issues. These tools are designed to identify problem areas such that operational executives are able to take appropriate action.
Recent developments in IT and cloud services has changed the scenario of the overall industry. Upgradation in capacity and performance, adoption of software-define networking (SDN), and virtualization are further bolstering the demand for advanced solutions. Advancements in cloud-based corporate performance management are projected to open new avenues for players in the corporate performance management market. Organizations are increasingly preferring cloud and software-as-a-service (SaaS) based solutions over on-premise deployment options as they offer several benefits such as ease of operations, flexibility, and cost-effectiveness.
High penetration of mobile devices is also anticipated to fuel the demand for cloud-based applications in the coming years. For instance, Vena Solutions, a cloud-based CPM software provider, launched its latest product with more than 40 feature improvements. These features can be useful for business administrators and other users in day-to-day operations. The company has also declared its integration with Microsoft Office 365. It will allow users to quickly access their information in full online or mobile experience. This solution is intended to help organizations save time and cost and optimize resources with several key features including template automation, due date email notifications, and mobile support.
However, complexity and high initial cost involved in implementation of these solutions can hamper the growth of the market. CPM involves several complex operational procedures that increase the overall cost of implementation. Installation of these solutions requires skilled professionals, which can act as a restrain in regions where there is a dearth of them. In addition, these solutions need to be updated frequently to track changes in rapidly changing environment.
North America has been one of the attractive markets due to rapid technological advancements and high adoption of CPM solutions to improve finance function in companies. Soaring need to improve transparency in financial transactions is estimated to spur the growth of the regional market in the coming years. Regions such as Asia Pacific and Europe are expected to show noteworthy growth in near future. This can be attributed to rising number of enterprises in these regions.
Some of the prominent companies operating in the global corporate performance management market are Oracle Corporation, SAP SE, Adaptive Insights, VisualCue Technologies, EcoSys Management LLC, and Sightline Systems.
Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/communication-services-industry
Effect of International Financial Reporting Standard on Corporate Performance of Selected Banks Listed on Nigeria Stock Exchange
By Elosiuba, J. N. | Prof. Emma Okoye"Effect of International Financial Reporting Standard on Corporate Performance of Selected Banks Listed on Nigeria Stock Exchange"
Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-2 , February 2018,
call for paper in ugc approved journals, open access journal of management, medical science journal
In the light of globalisation where foreign investment has become trendy, comparability of financial reports of Nigerian firms and those of other firms across the world has become a concern. Nigerian firms have been mandated to adopt the International Financial Reporting Standard (IFRS) is their financial reporting. This study has examined the effect of the IFRS adoption on the reported performance of Nigerian banks listed on the Nigerian Stock Exchange. Eight (8) out of the fourteen (14) quoted banks were selected for the study. Four indices of performance employed in the study are profitability using the Return on Equity, Liquidity using total deposit to total loan, loan grants and then market value measured by Price earnings ratio for the period (2011 and 2012). 2011 represented GAAP era while 2012 stands for IFRS adoption. Comparability indexes for the banks were computed using the Excel Spreadsheet for each of the banks on each variable. Then the One Sample Test was employed for the analyses. The mean was used to answer the research question while the t-statistics tested the hypotheses. The results showed that mean values for profitability, liquidity and market value are greater in the GAAP era (2011) than in the IFRS period (2012), while loan grant has higher for IFRS period (2012). The t-tested indicated none of the variables had significant effect. Thus the study concluded that IFRS adopted does not have significant effect on bank performance reported in 2011 and 2012. The use of IFRS for all firms as well as incorporation of IFRS guideline in professional training are recommended by this study.
Blue Line Planning aims to help businesses and organizations reach their goals through our Corporare Performance Management software, and sales and operations solutions. For the longest time, we have been leading the way in healthcare analytics, particularly in the field of Life Sciences. We are hereby proud to announce the release of our new Life Sciences Clinical Trials Inventory Optimization Solution. Early in May this year, we will host a webinar for those who are interested to learn about this product.
Our company has been a trusted advisor to healthcare organizations, which is why we always strive to provide healthcare professionals with the best solutions. Blue Line Planning believes that the success of a Life Sciences clinical trial depends on several important factors. This includes the pharmaceutical trial or device, managing and forecasting inventory levels, dosage and expiry date of inventory, access to limited, high cost manufacturing resources, and fully-equipped facilities. Read more from this blog: http://bit.ly/2oHjRWr
In case you missed it, we from Blue Line Planning have recently teamed up with Vanguard Software to release our very own Advanced Analytics Solution specifically designed for the Beverage Industry Sales, Inventory & Operations Planning.
In line with this momentous event, we are coming up with a webinar scheduled sometime in late March specifically to promote the said solution. Our aim is to better provide information and training so that our clients can maximize this technology that we have prepared for an improved management plan. Read more from this blog: http://bit.ly/2ncvrXL