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Current issue


Towards sporadic demand stock management based on simulation with single reorder point estimation

Katerina Huskova, Petra Kasparova, Jakub Dyntar

The goal of this paper is to decide whether bootstrapping and/or linear regression are suitable to estimate an initial reorder point in sporadic demand stock management based on past stock movement simulation (PSMS) in combination with neighborhood search-oriented optimization. Thus, we randomly generate demand data including 20–80% zero demand periods and simulate continuous review, fixed order quantity inventory control policy (R, Q) for 4 different arrangements of PSMS combined with local…

DOI (& full text): doi.org/10.15240/tul/001/2025-5-002

Section: Business Administration and Management

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Charting the path to consumer satisfaction: An innovative investigation into fresh e-commerce through text mining and spatiotemporal analysis

Yixing Yang, Lili Wei, Liangxian Fan, Qiuhan Zhao

The rapid expansion of fresh food e-commerce introduces significant challenges in logistics service quality due to the perishability of products. However, the effects of these challenges on customer satisfaction, particularly across different regions and seasons, have been insufficiently explored. This study addresses this gap by analyzing Jingdong (JD)’s e-commerce reviews using latent dirichlet allocation (LDA) topic models to extract dimensions of logistics service quality, combined with…

DOI (& full text): doi.org/10.15240/tul/001/2025-5-006

Section: Marketing and Trade

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A proposal of a relative weighted online 5-star rating system as a way to mitigate online reviews biases

Jiri Mazurek, Cristina Perez-Rico, Carlos Fernandez-Garcia

Online ratings and reviews can be considered an electronic word of mouth regarding the quality of goods, products, or services. Reviews provide crucial information for customers, therefore significantly influencing their behavior, and they enable feedback to businesses from their customers, increase visibility, drive sales, help in developing a brand and building trust and reputation among consumers. However, the current 5-star rating system currently used on many Internet platforms such as…

DOI (& full text): doi.org/10.15240/tul/001/2025-5-008

Section: Marketing and Trade

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A logistic regression approach to long-term bankruptcy prediction: The role of financial and non-financial indicators

Denis Kuster, Aleksandar Majstorovic, Veljko Dmitrovic

The main aim of the research is to examine the possibility of developing logistic regression (LR) model that could reliably predict the bankruptcy of Serbian companies three years in advance based on financial and non-financial variables. This is important both for business owners and external stakeholders. Owners can predict failure on time and define remedial measures and action plans in accordance with that. External stakeholders, on the other hand, can use these models to identify financial…

DOI (& full text): doi.org/10.15240/tul/001/2025-5-010

Section: Finance

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Do inconsistent online reviews reduce sales for merchants on the platform? Evidence from China

Xulong Wang, Chenyu Fu, Feng Leng

Inconsistent online reviews are the norm in online shopping. However, platform merchants often believe that inconsistent online reviews have a negative impact on sales. They delete or hide negative reviews in pursuit of consistent praise. So, do inconsistent online reviews really reduce sales? In view of this, this study explores the impact of inconsistent online reviews on the sales of platform merchants based on the stimuli-organism-response (S-O-R) theory and service remediation theory, as…

DOI (& full text): doi.org/10.15240/tul/001/2025-5-011

Section: Marketing and Trade

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Does digital transformation propel innovation strategies? An empirical investigation based on machine learning and the dynamic GMM approach

Tingqian Pu

In today’s digital landscape, the transformation through digital technologies is revolutionizing traditional business models and innovation practices. Numerous organizations are accelerating their digital transformation efforts to enhance manufacturing capabilities, operational efficiency, and competitive advantage. While the significant role of digital transformation in economic development has been widely recognized in academic literature, research exploring the complex interplay between…

DOI (& full text): doi.org/10.15240/tul/001/2025-5-012

Section: Business Administration and Management

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Determinants of logistics service supplier choice for electronics exporters: Evidence from an emerging market

Cong Doan Le, Wei-Hwa Pan, Trung Quan Nguyen

This study aims to explore important factors influencing the decision-making process in selecting logistics service suppliers by electronic component export companies in Vietnam, with a particular focus on local service providers (LSPs). The research involved in-depth interviews with eight logistics experts and a quantitative survey of 300 representatives from electronic component export companies. Data was collected through online surveys, then analyzed using the SEM model. The findings…

DOI (& full text): doi.org/10.15240/tul/001/2025-5-013

Section: Business Administration and Management

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Multivariate time series models of development for countries with transitional economies and prospects for post-COVID growth

Seisembay Jumambayev, Katarzyna Halicka, Almazhan Dzhulaeva, Guliya Ilyashova, Aidana Dosmbek

The study aims to compare the economic achievements of the Visegrad Group (V4), the Baltic states (B3), Central Asia (CA4) and Balkan states (BA5), Kazakhstan on their way to joining the group of developed countries and to analyze the dynamics of their economic development. The results of studying the average annual growth rates of gross domestic product on the example of V4, B3, and Kazakhstan allowed for establishing the main patterns and trends of economic development in the pre-crisis,…

DOI (& full text): doi.org/10.15240/tul/001/2025-2-001

Section: Economics

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What is the level of spatial autocorrelation of the green economy? The case study of voivodships in Poland

Pawel Dziekanski, Lukasz Poplawski, Jozef Glova

In an era of resource scarcity, climate change, and environmental degradation, the growth of a green economy necessitates a new course for socio-economic development that successfully pursues sustainable development objectives. Among other things, variables related to demographics, the environment, technology, the economy, and society all contribute to its polarisation. The aim of the study is to understand what factors influence the development of the green economy in the various provinces of…

DOI (& full text): doi.org/10.15240/tul/001/2025-2-002

Section: Economics

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Carbon emission trading policy and green technological innovation in Chinese listed companies: A corporate reputation perspective

Xinfeng Jiang, Jiakun Xu, Rong Ma, Ahsan Akbar, Marcela Sokolova

The carbon emission trading policy (CET) makes enterprises’ pollution information transparent and is an important environmental regulation tool for China to achieve the goal of “carbon peak” and “carbon neutrality.” Taking A-share listed companies in China’s Shanghai and Shenzhen stock exchange from 2008 to 2021 as a research sample, this paper chooses the implementation of China’s carbon emission trading policy in seven pilot regions as a quasi-natural experimental scenario and takes 2014 as…

DOI (& full text): doi.org/10.15240/tul/001/2025-2-003

Section: Business Administration and Management

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The link between corporate strategy and innovation in developing countries: The post-crisis trends and challenges

Ping Peng, Jinliang Wang

This study aims to identify interrelationships between corporate strategy and Innovation in developing countries in the post-COVID-19 context. The purpose of the study is to form a model that would allow to consider and process the impact of the innovational operations to the choice of the corporate strategy and its development within the operational domains of the developing countries, which ultimately can be able to meet the challenges in their economic growth and therefore contribute to the…

DOI (& full text): doi.org/10.15240/tul/001/2025-2-007

Section: Business Administration and Management

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Leading the greening: Assessing leadership attitude towards green policies, green environment, and the green circular economy

Ali Junaid Khan, Subuhi Khan, Shahar Yar, Iza Gigauri, Asifa Jahangir

Developing nations struggle to adopt and implement green initiatives in order to reach a circular economy. This study examined how leadership’s green attitude directly affects green policies, the green environment, and the green economy. Additionally, this study considers the mediating role of green policies in achieving green environment and green economy objectives by using transformational leadership theory. The data was collected from the management-level employees of a public-sector…

DOI (& full text): doi.org/10.15240/tul/001/2025-2-008

Section: Business Administration and Management

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New evidence on drivers influencing negotiation between financial auditors and their clients concerning resolution on the audit opinion. The case of an emerging economy

Valentin Burca, Anca Balan, Ovidiu-Constantin Bunget, Alin-Constantin Dumitrescu, Cristian Lungu

Controversies concerning the main drivers of the auditor-client relationship have been discussed over time, although interest in this topic appears to have slightly declined, with recent studies mainly addressing auditors’ competencies, independence, audit fees and quality of audit services. However, the current business environment shows significant concerns on the high level of economic uncertainty, and complexity of business models, even though auditors have shown interest in adopting…

DOI (& full text): doi.org/10.15240/tul/001/2025-2-009

Section: Finance

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Emerging trends in food consumer behavior in Romania: A PLS-SEM approach

Simona-Beatrice Manolache, Daniela Nechita, Cristina Gabriela Zamfir, Silvius Stanciu

The agri-food market is in constant flux, influenced by economic, social, and technological factors, as well as recent challenges such as economic and health crises. In this context, consumer behavior adjusts dynamically under the influence of needs, desires, and environmental factors, aligning with market demands and conditions. The proposed research focuses on emerging trends in food consumer behavior in Romania, emphasizing the determinants of economic decision-making. To this end, data was…

DOI (& full text): doi.org/10.15240/tul/001/2025-2-014

Section: Marketing and Trade

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Exploring digital competence’s impact on faculty well-being through SEM-SVM analysis

Rana Salman Anwar, Rizwan Raheem Ahmed, Dalia Streimikiene, Justas Streimikis

This research aims to explore the impact of digital teaching competence on fakulty career well-being, teacher self-efficacy, and the moderating role of pedagogical content knowledge within the context of colleges in Pakistan. A quantitative approach was adopted, involving 266 faculty members from various academic programs in colleges across Pakistan. Data were collected through an online survey using validated scales adapted from prior research. The study used partial least squares structural…

DOI (& full text): doi.org/10.15240/tul/001/2025-2-015

Section: Information management

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