This study intends to cover the relationship between contract management and performance characteristics from the context of Indonesia. To address this objective, contract management is observed as the main independent variable while performance through nine items is considered as dependent variable. A questionnaire is developed through some selected factors and distributed among various respondents, dealing directly or indirectly with the projects. A sample of 70 respondents is finalized with no missing values. Empirical findings suggest that for the firm performance different variables such as nature of the solution, cost & benefit analysis are significantly associated with the contract length. While project delivery and project quality are negatively associated with the contract length. Findings of the study are highly recommended for the contract managers and similar individuals, responsible for the smooth business performance. However, future studies can be conducted with the addition of more explanatory factors for contract management with better sample size. Managerial implication of the study defines that Government and construction companies should reconsider the stated factors for the improved results through resolution of the conflict with the customers, cost benefit analysis and timely delivery of the project with budgetary compliance.
This paper discusses IAS 41 Agriculture with specific focus on accounting for bearer biological assets in Malaysia. It presents the concerns raised by various parties on the applicability of IAS 41 on bearer biological assets particularly on the use of present value of future net cash flows model to determine the fair value of certain category of biological assets. This paper posits that there is a way to develop a fair value model through identifying factors that influence the fair value of bearer biological assets. The results of the proposed study would hopefully assist in the development of an alternative fair value model in valuing bearer biological assets and subsequently lead to good corporate governance specifically on the improving the qualitative characteristic of financial information.
Recent studies have suggested one way to strengthen firm sustainability is through innovation. Innovation can be very flexible as it can be applied to many different aspects, such as the innovations in products or services, technology, marketing, or the business model itself. This study examines the effect of innovation on firm sustainability. Specifically, this study examines the effect of innovation in the aspects of business model, services, and technology on the sustainability of a company in the retail and merchandise industry. Using a questionnaire survey distributed to the employees of the company as the research instrument, this study shows that innovations in services and technology do impact firm sustainability. However, the findings also show that innovation in the business model does not impact firm sustainability. The findings of this study contribute to the literature and provide further evidence of the importance of innovation in increasing firm sustainability. In addition, the findings may also provide companies with a broader perspective on how innovation can affect their sustainability.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.