New issue of the Business Performance Review journal
The editorial team of Virtus Interpress is honored to introduce the second issue of the journal Business Performance Review in 2024. The published issue features a collection of scholarly articles that address critical research themes, including boardroom diversity, environmental, social, and governance (ESG) transparency, master data management, digitalization in management and accounting (MAC), and corporate social responsibility (CSR) in the context of business performance.
The full issue of the journal is available at the following link.
The first article in this issue, authored by Richard Yeaw Chong Seow, investigates the dynamic relationship between boardroom characteristics and ESG disclosures. Integrating stakeholder, agency, and resource dependency theories, this study examines the impact of board attributes on ESG transparency within Malaysian public-listed companies (PLCs). Using data from 63 firms over a five-year period (2018–2022) and employing weighted least squares (WLS) regression, the findings reveal that board expertise, foreign board presence, and board interlocking are positively correlated with ESG disclosure. The findings revealed a significant positive correlation between board expertise, foreign board presence, and board interlocking with ESG disclosure, while larger board sizes were found to negatively impact ESG disclosure practices.
Matthias Schmuck introduces a maturity model for master data management (MDM) that aims to improve data quality and reliability across organizational systems. This model, derived from a synthesis of existing research on data governance and practical experience, comprises six maturity levels and 23 assessment factors. It provides a framework for measuring the success of MDM initiatives, enabling firms to enhance decision-making processes, optimize operational efficiency, and swiftly adapt to market changes.
The third article by Robert Rieg and Patrick Ulrich examines how digitalization in management accounting and control influences corporate performance through the mediation of planning and budgeting processes. Using survey data from German management accountants and conducting a mediated regression analysis, the study finds that digitalization positively affects corporate performance by improving planning and budgeting. This research contributes to understanding the indirect effects of digitalization in management accounting, offering practical insights for both academics and practitioners.
The final article by Chris Antorine, Robert Oguti Etengu, and Bosco Opio, investigates the impact of CSR disclosure on financial performance in a non-mandatory reporting environment. Drawing on panel data from firms listed on the Uganda Securities Exchange (USE) from 2016 to 2022, the study finds no significant impact of governance and environmental disclosures on financial performance. However, social disclosures were found to have either a statistically negative or no effect on financial performance. These findings challenge the stakeholder theory, which posits that meeting stakeholder expectations invariably leads to financial success. The authors suggest that firms should carefully evaluate their social initiatives and allocate resources efficiently to achieve optimal outcomes.
We are grateful to all the scholars who have contributed to this issue, and we hope that you find this issue of the journal useful, informative and educational!
