New issue of the Business Performance Review journal
The editorial team of Virtus Interpress is pleased to present Volume 4, Issue 1 (2026) of the journal Business Performance Review, whose central theme addresses the evolving nature of business performance in a global environment characterized by technological disruption, economic uncertainty, and increasing sustainability demands.
The full issue of the journal is available at the following link .
This issue starts with a study by Ngoc Anh Mai, Anh Thi Kieu Phi, Thuy Thanh Nguyen, Minh Nguyet Bui, and Thoa Thi Do, which examines how ownership structures and audit mechanisms jointly shape firm performance in Vietnam, a transitional emerging market characterized by uneven investor protection and evolving regulatory quality. The findings demonstrate that internal ownership incentives and external audit quality jointly contribute to stronger performance, offering context-specific insights into governance effectiveness in emerging markets.
The next research study by Puji Lestari, Dona Primasari, Siti Maghfiroh, and Anindya Lunar Hidayah aims to analyze the effect of learning organisation, business experience, government support, and academia support on SME’s innovation performance within the triple helix framework. The practical implications of this study are the need for policies that encourage innovation and improve the quality of interaction between SMEs, the government, and higher education institutions.
Kris Jangjarat, Yarnaphat Shaengchart, Pongsakorn Limna, Supakorn Suradinkura, and Nalinpat Bhumpenpein explore the role of the 4Es (Experience, Exchange, Everyplace, and Evangelism) marketing framework in shaping business performance and competitive advantage among cosmetic SMEs in Thailand. The study advances marketing scholarship by highlighting the 4Es as a consumer-centric orientation that supports resilience and sustainable competitiveness in resource-constrained environments.
Bader Mustafa Mahmoud Al Sharif investigates the nonlinear effects of macroeconomic variables on the financial performance of Islamic banks in emerging markets, emphasizing the mediating role of operational efficiency. This study provides theoretical and practical insights for enhancing resilience and performance in Sharia-compliant banking systems.
The following study by Aza Noorizqia Augustha Putri and Y. Anni Aryani aims to empirically investigate the effect of different ownership structures, specifically institutional and foreign ownership, on the environmental, social, and governance (ESG) performance of non-financial companies. The research finding is helpful for investors and businesses trying to improve their social and environmental impact.
The next research paper by Inna Tiutiunyk, Iryna Pozovna, and Andrii Semenog examines the impact of cyberattacks on the market capitalization and short-term returns of leading companies in the finance, telecommunications, and information technology (IT) sectors. The findings complement existing empirical evidence on stock market sensitivity to cybersecurity incident disclosures documented in prior event-based studies and provide insights for improving cyber risk management strategies, particularly with respect to disclosure practices and reputational shock monitoring systems.
Viktor Namiasenko devoted his research to the problems of the Russian-Ukrainian war and the management of enterprise development under significant crises, as a guarantee of post-crisis recovery and reconstruction. The article proposes indicators to assess management quality, which directly impacts efficiency. The results obtained may be valuable for stakeholders, researchers, investors, and government officials as tools for post-war crisis management.
The research by Sweta Chettri and Tanya Nagpal utilizes quantile mediation regression (QMR) to assess the consequences of servant leadership on organizational commitment and employee performance in the hospitality industry. The study identifies tailored leadership approaches and adds to the literature on the need for varied commitment-construct mechanisms.
Hung Hoang, Loan Thi Thanh Nguyen, Lan Anh Thi Pham, and Cung Huu Nguyen examine the effects of digital transformation on the financial performance of Vietnamese retail businesses using quantitative methods. The findings provide valuable insights for businesses seeking to better understand the benefits of digital transformation. The results inform the discussion and offer practical recommendations for the effective implementation of digital transformation in Vietnamese retail enterprises, thereby supporting firms in strengthening their market position and enhancing integration into global supply chains.
The paper by Sara Ghouati, Lamia Rizi, Salah Oulfarsi, and Adil El Amri offers a bibliometric analysis of publications dedicated to AI in supply chain management (SCM) and its impact on operational performance (OP) over the period 2010–2024. The study demonstrates that AI, far from being a mere technical tool, has become a strategic resource that redefines governance models and the very notion of performance.
We hope that the findings presented in this issue will be interesting and useful to academics, practitioners, and policymakers.
