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Topic Review
Corporate Governance in Investment Efficiency, Financial Information Disclosure
Corporate governance minimizes the conflicting interests between internal and external stakeholders and shareholders. The corporate governance structure affects the quality of accounting disclosure and information quality assessment and guides analysts to accurately forecast future performance. There is no consensus definition for corporate governance, but its ultimate goal is to achieve accountability, transparency, justice, fairness, and respect for the rights of all stakeholders. Corporate governance is not related to the primary operations of a company. Still, it is related to leading the company, monitoring the activities of the CEO, and assessing the accountability power of the company’s executives to stakeholders. A proper corporate governance system can help companies gain investors’ trust and encourage investment.
  • 830
  • 13 Dec 2022
Topic Review
Construction Rework Cost Prediction Using Machine Learning
Predicting the construction cost of rework (COR) allows for the advanced planning and prompt implementation of appropriate countermeasures. Machine learning (ML) offers a data-oriented solution that can be utilized in different construction project contexts. ML approaches can predict COR by learning the complex patterns within the quality dataset.
  • 729
  • 09 Dec 2022
Topic Review
Oge Modie
Ogechukwu Olufunmilola Modie (born January 12, 1976) is a Nigerian public servant who works as the Chief of Staff (an unconstitutional office) to the Honorable Minister of State for Petroleum Resources. She was the Chief of Staff (an unconstitutional office) to the former Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC), Nigeria's National Oil Corporation. Subsequently, the GMD was named as the Chairman of the Board of the Corporation, as provided for under Section 1(2) of the Nigerian National Petroleum Corporation Act of 1997, as amended on 4 July 2016. Her primary responsibility is the provision of administrative, organisational and advisory support to Dr. Emmanuel Ibe Kachikwu. She assumed duty in August 2015. Prior to her present position, Modie was appointed by the Board of Directors of NOIPolls Limited as Managing Director/Chief Executive Officer in August 2012. Modie was featured in Business Day where she was referred to as "a dynamic woman with skills that show in the ways she carries out her work" and "the first woman to have headed Nigeria’s leading independent opinion polling and research organization". Under her leadership, NOIPolls grew in visibility across the West African region and the continent. The company won various awards; the Global Excellence Quality Award for the "Global Most Innovative Consumer Research and Data Analysis Company" for the year 2014 and the Pan-African Distinguished Achievers Awards (PADAA) for "West Africa's No.1 Opinion Polling Research Organization". In 2015, the company also won the African Quality Achievement Award for "Africa's Most Reliable Quality Opinion Research and Polling Service Provider", Nigerian Brands Organisation's "Most Innovative and Impactful Market Research Agency of the Year-Platinum Award" and "Opinion Polling Company of the Year" by the African Development Magazine. Modie has developed a career in corporate finance, SME development and finance, opinion research and now public service. She is a member of ESOMAR World Research (Netherlands), a Distinguished Honorary Fellow of the Institute of Brand Management of Nigeria (FIBN) and a Fellow of the Institute of Credit Administration of Nigeria (FICA). In addition, she is a Class 2015 member of the African Leadership Network (ALN). ALN creates and strengthens relationships between these leaders to encourage intra-African trade, investment and collaboration. Modie was conferred with an "African Leadership Excellence Award" by African Leadership Magazine, United Kingdom Limited. She also received an Award of Excellence as "Exceptional Contributor to the Development of Economics" from the University of Abuja chapter of the National Economics Students Association (NESA).
  • 712
  • 08 Dec 2022
Topic Review
Prosumption as Basic Market Force in Modern Economy
The term “prosumption” is a portmanteau of production and consumption. It refers to a process where a consumer takes over some of the activities previously performed by a producer, usually by directly involving themselves in the design and production of various goods or services. Prosumption is the basic market force in the modern economy.
  • 3.3K
  • 07 Dec 2022
Topic Review
System Theory of Corporate Sustainability
In response to the prevailing sustainability problems that are difficult to solve since they are characterized by complex interdependencies, and the effort to solve one aspect of a sustainability problem may lead to other problems, an interim, system-based theory of corporate sustainability to fill in significant gaps in the corporate sustainability field is developed. The full-blown theory helps the researchers to comprehend, describe and predict situations, behavioral actions and/or context. It guides the researchers to either go against orthodoxy or to continue with it to enrich the current knowledge domain.
  • 4.8K
  • 07 Dec 2022
Topic Review
Energy Sector and the Global Economy
The future of the energy sector is an urgent topic nowadays, as the survival of humanity and each of researchers depends on it. This sector is part of a larger whole, i.e., of the national or global economy, and it determines its growth. This became particularly obvious recently as it has become necessary to increase the share of renewable energy in the total energy balance to stop global warming, which is the source of climate change.
  • 501
  • 07 Dec 2022
Topic Review
Conceptual Background and Relationships between SR and MCS
The movement for corporate sustainability reporting (SR) came into the spotlight in the middle of the 1990s when the South African first king code of corporate governance, widely known as the “King I” report, was published. The focus of SR is on value creation through intellectual, human, social, and natural capitals. In order to ensure that sustainable value creation is connected to the different types of capital, companies need to manage and control for such value creation. This point emphasises the link between value creation and management control systems (MCS).
  • 408
  • 06 Dec 2022
Topic Review
Cumulus
Cumulus is a digital asset management software designed for client/server system which is developed by Canto Software. The product line includes editions targeted to smaller organizations and larger enterprises. The product makes use of metadata for indexing, organizing, and searching.
  • 551
  • 06 Dec 2022
Topic Review
Theoretical Development of Corporate Charitable Giving
Corporate charitable giving refers to the unconditional provision of funds or materials by companies to governments or related institutions in a voluntary and non-reciprocal manner to solve social problems such as poverty, education, natural disasters and public health. Corporate charitable giving not only brings strategic resources and information channels needed for enterprise innovation, but also helps companies enhance their moral capital, improve their brand image and increase their political legitimacy.
  • 539
  • 06 Dec 2022
Topic Review
Online Auction
An online auction is an auction which is held over the internet. Online auctions come in many different formats, but most popularly they are ascending English auctions, descending Dutch auctions, first-price sealed-bid, Vickrey auctions, or sometimes even a combination of multiple auctions, taking elements of one and forging them with another. The scope and reach of these auctions have been propelled by the Internet to a level beyond what the initial purveyors had anticipated. This is mainly because online auctions break down and remove the physical limitations of traditional auctions such as geography, presence, time, space, and a small target audience. This influx in reachability has also made it easier to commit unlawful actions within an auction. In 2002, online auctions were projected to account for 30% of all online e-commerce due to the rapid expansion of the popularity of the form of electronic commerce. Online auctions include business to business (B2B), business to consumer (B2C), and consumer to consumer (C2C) auctions. The largest online auction site is eBay, which was the first to support person-to-person transactions. Other popular examples of online auction sites include WebStore, OnlineAuction and Overstock.
  • 4.0K
  • 06 Dec 2022
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