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While entrepreneurs play a crucial role in shaping the business environment in transitional economies, there is a lack of studies that involve such contexts. Cuba represents an idiosyncratic collectivist economy that is gradually transforming into a socialist market economy, and there is a dearth of literature on entrepreneurship in Cuba. Understanding business performance drivers and challenges faced by small firms in this context may have important theoretical and practical implications. We explore the determinants of small firms' business performance in Cuba. We combine a capabilities and institutional perspective on entrepreneurship to explain small firms' business performance in this turbulent transitional market. Specifically, we suggest that managerial capabilities, supply-chain problems, and institutional factors explain small firms' business performance. We contribute to both the small firm and entrepreneurship literature by contextualizing capabilities and institutional perspectives to identify the critical role played by managerial capabilities and supply-chain problems in economies where supply is constrained. [ABSTRACT FROM AUTHOR]

This study explores how supply chain integration (SCI)—encompassing internal, supplier, and customer integration—enhances operational and financial performance. Using data from 90 companies listed on the Indonesian Stock Exchange, the findings reveal that SCI drives operational efficiency and innovation through cross-departmental collaboration, strategic supplier partnerships, and advanced customer engagement. Internal integration aligns processes and improves decision-making, supplier integration optimizes resource use and fosters innovation, while customer integration enhances responsiveness and personalization. Collectively, SCI explains 84.7% of operational performance variance and 80.4% of financial performance. This research underscores the strategic importance of tailored integration efforts supported by digital technologies to address organizational challenges and sustain competitive advantage. The findings provide actionable insights for companies aiming to optimize their supply chains and achieve long-term business resilience in dynamic markets. [ABSTRACT FROM AUTHOR]

The paper emphasizes the crucial significance of corporate governance (CG) in the banking sector, specifically in the context of Industry 4.0. It investigates how CG affects the operational efficiency of commercial banks listed in Vietnam during the period 2014-2023. The study employs the Ordinary Least Squares (OLS) approach to examine the impact of Board of Directors (BoD) characteristics, including gender diversity, nationality, independence, and the age gap between the chairman and CEO, on business performance using both primary and secondary data. The study reveals that the presence of both gender diversity and nationality diversity has a favorable effect on the performance of banks. However, it also suggests that a considerable age difference between the Chair and CEO can result in improved profitability but also an increased likelihood of conflicts. The process of privatizing Vietnam's banking system revealed weaknesses in corporate governance, highlighting the importance of implementing strong corporate governance to protect the interests of stakeholders and ensure economic stability. The study offers valuable insights and suggests strategies to improve the composition of boards in Vietnamese banks, bringing them in line with international corporate governance standards. It also highlights the importance of harnessing technology innovations to achieve success and stability in an ever-changing economic environment. [ABSTRACT FROM AUTHOR]

This paper used micro-survey data to make an empirical analysis on the factor supply behavior (land, capital, labor), business behavior (sales channels, branding and quality certification, new technology application, industrial structure, agricultural insurance participation), business performance (business efficiency, land output rate, labor productivity) and other aspects in order to find problems in the production and operation of the new types of agricultural business entities in Suzhou. On this basis, some policy suggestions were put forward, such as widening financing channels, promoting the application and transformation of scientific and technological achievements, promoting the establishment of agricultural brands, actively developing modern circulation system of agricultural products, optimizing and innovating land circulation policies. [ABSTRACT FROM AUTHOR]

With an emphasis on AI-driven optimization to improve business performance, this study explores the use of Generative Adversarial Networks (GANs) in project management. This study shows how artificial intelligence (AI) can significantly improve project outcomes by using GANs to create synthetic data, model intricate project scenarios, and optimize important performance metrics like booking rates, revenue per available room (RevPAR), and average daily rates (ADR). Using Airbnb as an example, the analysis shows that a 4 % increase in occupancy would improve RevPAR by $4.22 per room, while a 5% increase in booking rates might result in an extra $3.41 billion in income. This study highlights the importance of GANs in improving project management decision-making, resource allocation, and risk management. It also emphasizes how scalable GAN-powered solutions are for improving marketing tactics. In the end, GANs give businesses a strong tool to boost consumer engagement, increase operational efficiency, and boost competitiveness in everchanging markets. [ABSTRACT FROM AUTHOR]

This article aims to study the factors influencing the competitive advantage and business performance of automotive parts manufacturers in Thailand, focusing on technology, lean strategy, and innovation adoption. Data was collected using questionnaires from 400 automotive parts manufacturers, and the data was analyzed using structural equation modeling (SEM). The research results indicate that technology and lean strategy positively affect competitive advantage and business performance. Competitive advantage plays a crucial role in mediating the effects of these factors on business performance. [ABSTRACT FROM AUTHOR]

The performance of small and medium industries (SMIs) still requires the support of various parties. Balinese silver is the best quality craft in foreign countries and is dominated by SMIs production in Gianyar, but contributes to 13th position in Bali's GRDP. The research objective is to analyze the influence of entrepreneurial orientation on business innovation and business performance with business learning as a moderator. The research was conducted on silver craftsmen in Gianyar Regency with a sample size of 150 craftsmen. Data collection was carried out using a survey method at the respondent's business location using a questionnaire. The collected data was analyzed using descriptive analysis and inferential analysis with SmartPLS. The results of the analysis show that entrepreneurial orientation has a significant effect on business innovation and business performance. Business innovation also has a significant effect on business performance. Entrepreneurial orientation is proven to have an indirect effect on business performance through business innovation. Other results inform that business learning does not moderate the influence of entrepreneurial orientation on business innovation and business performance. But business learning strengthens the effect of business innovation on business performance. In this sense, business learning is very important to support the creation of sustainable business innovation in order to achieve increased business performance when companies face various obstacles in competition. Therefore, silver craft SMIs must always strive to improve their business learning skills so that they are able to develop their business innovation capabilities to support high business performance. [ABSTRACT FROM AUTHOR]

The study explores the impact of Transportation Management Systems and supply chain integration on business performance in Indonesia's automotive industry, emphasizing how strong integration enhances operational efficiency and competitiveness. It aims to provide insights for company management, investors, regulators, and academicians, contributing to a deeper understanding of Supply Chain Management strategies and their effects on business outcomes. This study examines the impact of Transportation Management System (TMS) and supply chain integration (SCI) on business performance, mediated by supply chain performance (SCP), within the Automotive Industry in Indonesia, using a 5-point Likert scale questionnaire and validated indicators to ensure reliability and validity. The research found that Transportation Management System (TMS) has a positive and significant impact on business performance (BP), enhancing automotive companies' performance in Indonesia. Conversely, Supply Chain Integration (SCI) negatively affects business performance, suggesting that higher integration can reduce performance. However, when both TMS and SCI are mediated by supply chain performance (SCP), the results improve significantly, indicating that effective management of these variables can enhance company performance through better supply chain outcomes. [ABSTRACT FROM AUTHOR]

This study aims to analyze the role of the government in improving the business performance of MSMEs in Denpasar City. Using a quantitative approach and data collection method through questionnaires, this study involved 100 MSME respondents from a population of 32,626. The results of data analysis using Structural Equation Modeling (SEM) show that the role of the government, measured through regulations, access to financing, and training programs, has a positive and significant influence on the business performance of MSMEs. These findings emphasize the importance of government intervention in creating an environment conducive to the growth of MSMEs. In addition, this study identifies the challenges faced by MSMEs in accessing government support, as well as providing recommendations for policymakers to improve the effectiveness of existing programs. Thus, this research contributes to the development of public policies that are more responsive to the needs of MSME actors in Denpasar City. [ABSTRACT FROM AUTHOR]

Purpose: This study examines the mediating effect of employee loyalty on the relationship between love dimensions as adapted from the triangular theory of love and business performance of entrepreneurial ventures. Design/methodology/approach: The study employed structural equation modelling in data analysis. However, before conducting confirmatory factor analysis and path analysis, exploratory factor analysis was conducted because most of the items used were new to human resource management (employee–organization relationship), especially among entrepreneurial ventures. Additionally, a Hayes' PROCESS mediation test was conducted to analyze the mediation effect of employee loyalty. Findings: The findings suggest that love dimensions such as employee intimacy, employee passion and employee commitment have positive and significant relationships with employee loyalty. It also appears that employee loyalty plays a significant mediation role in the relationship between love dimensions and business performance of entrepreneurial ventures. Practical implications: The study's findings have several implications. However, all of them are developed to include initiatives related to improving business performance through increasing employee intimacy, employee passion, employee commitment and employee loyalty. Originality/value: The application of the triangular theory of love adds to human resource management and entrepreneurship literature. Very few studies have focused on the love relationship between employees and their organizations especially among entrepreneurial ventures in developing countries. Since in the current settings of business practices employees are considered as important internal customers, extending the triangular theory of love to employee and organizational relationships is critical, because creating an employee–job relationship is considered a short-term emotional feeling. Therefore, there is a need to look into a long-lasting love relationship between employees and their organizations. This is important for increasing employee intent to stay and loyalty within the entrepreneurial ventures. [ABSTRACT FROM AUTHOR]

Financial technology (FinTech) is transforming traditional financial services and has a significant impact on business performance. This study investigates how FinTech affects the performance of businesses in China. It constructs a FinTech Index based on data from the Baidu Search Index and aligns this index with the financial data of publicly listed Chinese companies over the period from 2011 to 2021. We find that the development of FinTech positively affects corporate performance improvement through external and internal environment mechanisms. The findings reveal that FinTech significantly contributes to business performance by enhancing information transparency, alleviating financing constraints, and improving the efficiency of corporate investment environments. Additionally, we find that the impact of FinTech development on corporate performance exhibits heterogeneity. The beneficial effects of FinTech on corporate performance are particularly noticeable in in eastern regions, groups with lower levels of centralization, and areas with weaker regulatory oversight. The empirical results can be used to help emerging market firms improve their performance and assist investors in identifying worthwhile investment prospects. [ABSTRACT FROM AUTHOR]

The objective of this study was to examine the relationship between CSR for employees; CSR for customers; CSR for the environment; CSR for the local community; digital transformation through the role mediation of reputation and sustainable competitive advantage in Ho Chi Minh City, Vietnam. This study focuses on the foundations of constructing determinants of corporate performance, including CSR for customers, employees, the environment, and the local community, as well as digital transformation for future consideration. 497 managers who are actively involved in running hotels and restaurants in Ho Chi Minh City and who are also members of the Board of Directors were surveyed for the study. Data was gathered between April 7, 2024, and November 18, 2024. The most often observed variables for each factor were identified by the authors using confirmatory factor analysis (CFA) and structural Equation Modeling (SEM). According to research findings, the CB-SEM model showed that reputation and sustainable competitive advantage mediated the effects of CSR for employees, CSR for customers, CSR for the environment, CSR for the local community, and digital transformation on business performance with respect to earlier variables. There based on the aforementioned findings, the study has recommended managerial changes to enhance future investments in raising corporate social responsibility (CSR) for local communities, employees, customers, the environment, and digital transformation, reputation, and sustainable competitive advantage in order to achieve high business performance in hotels and restaurants in Ho Chi Minh City, Vietnam. [ABSTRACT FROM AUTHOR]

This study aims to explore and analyze how green marketing affects the business performance of travel enterprises in Vietnam. Combining qualitative and quantitative methods, data were gathered from 380 middle-to-senior-level business managers. Structural Equation Modeling (SEM) using SMARTPLS 4 software was employed to assess the model’s validity and reliability. The analysis demonstrates that green marketing positively impacts business performance, with competitive capabilities and their components serving as mediating variables. Additionally, Multi-Group Analysis (MGA) reveals statistically significant differences in these relationships based on the operational durations of enterprises. The findings highlight the critical role of green marketing in enhancing competitive capabilities, which, in turn, drive improved performance in the travel sector. These insights underscore the importance of sustainable practices in aligning business strategies with environmental objectives. For tourism stakeholders, this study offers actionable guidance for promoting green marketing strategies that contribute to both environmental sustainability and long-term business success. By integrating green marketing principles, travel enterprises can strengthen their competitive positioning while supporting Vietnam’s sustainable tourism development. These results emphasize the need for industry-wide adoption of green practices, fostering a collaborative approach to achieving environmental and economic goals in Vietnam's travel and tourism sector. This study contributes to the growing body of research on sustainable marketing and its implications for emerging markets like Vietnam. [ABSTRACT FROM AUTHOR]

Purpose: This research aims to explore the impact of sustainable entrepreneurial intentions on business performance within small- and medium-sized enterprises (SMEs) in China. It investigates how sustainable entrepreneurship mediates this relationship and examines the moderating roles of behavioral intention and environmental sustainability orientation. Method: The study utilized a quantitative approach, collecting data from 239 employees working across various SMEs in China through a structured survey. The measurement scales were adopted from established research to ensure reliability and validity. Structural equation modeling (SEM) was employed using Stata-SEM for data analysis, allowing for a comprehensive examination of direct, indirect, and moderating effects. Findings: The results indicate that sustainable entrepreneurial intentions significantly influence business performance, with sustainable entrepreneurship serving as a crucial mediator in this relationship. Behavioral intentions and environmental sustainability orientation were found to significantly moderate the impact of sustainable entrepreneurial intentions on business performance. These findings highlight the importance of integrating sustainability practices and personal commitment into business strategies. Originality/Implications: This research contributes to the theoretical and practical understanding of sustainable entrepreneurship by providing empirical evidence on the mediating and moderating effects within SMEs. It offers actionable insights for entrepreneurs, managers, and policymakers to enhance business performance through strategic sustainability efforts. The study also suggests avenues for future research to further explore these dynamics across different contexts. [ABSTRACT FROM AUTHOR]

This research explores the relationships between green supply chain management (GSCM), lean management (LM), corporate social responsibility (CSR), and business performance (BP) in the industrial sector of Saudi Arabia. The project is implemented within the Vision 2030 framework, which aspires to green the Saudi economy by transitioning it from reliance on hydrocarbons to a diversified, sustainable economy. A quantitative approach was implemented, which involved the application of the structural equation modeling analysis for the survey data from 345 managers in the industrial sector in Saudi Arabia's Eastern Region. The results revealed that GSCM directly makes a significant contribution to LM, CSR, and BP. Also, the study found that LM was the positive factor that mediated the relationship between GSCM and BP. Nevertheless, no such associations were found between CSR and BP, nor was there an indirect effect of CSR as the mediator variable. The research underscores the supreme role lean management plays in translating environmentally friendly supply chain practices into better business performance. It reveals that industrial companies wishing to gain the advantages of narrowing their supply chain by using green practices should also simultaneously implement a lean management system to improve efficiency. [ABSTRACT FROM AUTHOR]

Abstract This study explores how supply chain integration (SCI)—encompassing internal, supplier, and customer integration—enhances operational and financial performance. Using data from 90 companies listed on the Indonesian Stock Exchange, the findings reveal that SCI drives operational efficiency and innovation through cross-departmental collaboration, strategic supplier partnerships, and advanced customer engagement. Internal integration aligns processes and improves decision-making, supplier integration optimizes resource use and fosters innovation, while customer integration enhances responsiveness and personalization. Collectively, SCI explains 84.7% of operational performance variance and 80.4% of financial performance. This research underscores the strategic importance of tailored integration efforts supported by digital technologies to address organizational challenges and sustain competitive advantage. The findings provide actionable insights for companies aiming to optimize their supply chains and achieve long-term business resilience in dynamic markets.