Journal of Social Commerce

Diverging Paths to Profitability in the Indian Cement Sector through Asset Efficiency and Capital Discipline

Ashish Premjibhai Chirodiya — 2025-06-17

Lagos, a Nigerian state, is one of the world's most populous cities, and its transit infrastructure is under immense pressure. The state's public transportation infrastructure is grossly inadequate in suburban areas, causing traffic congestion since many residents lack access to affordable and reliable transportation. Another factor contributing to Lagos' transportation challenges is the city's socioeconomic disparities. In light of this, this study examines the transportation mobility and social equity policies in metropolitan Lagos. The study employed the interpretivist philosophy also known as qualitative or phenomenological research approach in data collection. Primary data were generated mainly through key informant interviews, while secondary data were gathered from the internet, journals, newspaper editorials, transportation policy documents, and other government publications. Key informant interviews were conducted with officers from the Lagos State Ministry of Transportation. The acquired data was analysed using a content analytic approach. Findings of the study revealed that population growth in the state's sub-urban and rural areas has put pressure on the city's infrastructure, especially its transportation system, necessitating a rethinking of transportation mobility. The study concluded that the government must invest heavily in public transport services in suburban and rural areas through public-private partnerships (PPPs) in order to improve the quality and expand the state's public transport network. The study further asserted that the state government's system of discounted fares will make transportation more affordable and accessible to low-income residents.

The Role of Customer Payment Trends in Shaping Cash Flow Forecasts for Digital Commerce Businesses

Suciati Suciati — 2025-06-17

Because digital commerce is unpredictable, managers need to pay special attention to cash flow forecasting. We examine different ways payments by customers are changing, particularly through Buy Now Pay Later, digital wallets, regional variations and subscriptions and their effects on controlling cash flow timing and consistency. The research examines the impact of new payment options by first reviewing 30 interviews with financial and operational professionals from many e-commerce firms and then by studying five comparative case studies. It is shown that today’s forecasting includes more than just numbers and a look at past data; instead, it involves many functions in the business and technology, laws and consumer habits. It introduces a new approach to thinking about cash flow forecasting and outlines ways for companies to manage the uncertainty arising from digital finance.

Bankruptcy Prediction of Software Companies Using Altman Z-Score

Ruby Mittal — 2025-06-17

This study employs a modified Altman Z-Score model to 15 selected companies with the aim to predict bankruptcy risk in the Indian software industry. Working capital to total assets, retained earnings to total assets, earnings before interest and taxes to total assets, and market value equity to book value of total liabilities, aside to the variable sales to total assets ratio, are the four main financial ratios used in the model, which is being altered for non-manufacturing businesses. The analysis is supported using secondary data from 2004 to 2022 that has been collected from financial statements and reliable financial websites. The study classifies businesses according to their financial stability via bibliometric analysis, descriptive quantitative approaches, and cluster analysis. Variations in 3i Infotech consistently displayed signs of financial distress, while companies include Mphasis, Tech Mahindra, and NIIT occasionally fell into a grey area, suggesting intermittent financial uncertainty, the majority of companies stayed in the non-distress group from 2004 to 2021, indicating a low bankruptcy risk. The study suggests the implementation of specific corrective measures, such as comprehensive financial restructuring and better risk-management methods, for businesses that have been identified to be in the distress and grey zones. In addition, to reduce the risk of bankruptcy and ensure long-term financial stability, proactive processes for governance and ongoing monitoring are encouraged.

The Influence of Salary and Job Satisfaction on Employee Performance in Customer-Oriented Business Environments

Ratnawita Ratnawita — 2025-06-17

The study looks at the link between salary, job satisfaction and employee performance in an SME in Demak Regency, Indonesia. Employing quantitative methods and multiple linear regression, information was collected using a census approach on 100 workers from CV Soerasi Mandiri. Results support that employee performance is strongly influenced by both their salary and job satisfaction. Salary motivates people from the outside by making them feel the job is fair and inspiring them to try harder, yet job satisfaction helps people work harder, feel happier and value their organization. Because the adjusted R² value is 0.779, these two variables, together, explain much of the differences in performance. These results underscore the practical importance of compensation and workplace satisfaction in sustaining individual productivity, especially in business environments that rely on high employee responsiveness, brand representation, and service quality. The study offers actionable insights for human resource management practices in dynamic sectors, including those increasingly shaped by digital interaction and consumer-facing roles.

Economic Consequences of Western Sanctions on Russia and the Evolution of Alternative Trade Networks

Nawrs Sarhan Mardan — 2025-06-17

The research looks into how Western sanctions influence the Russian Federation and what outcomes they have intended and unintended effects. The main effect of the sanctions is that Russia has had to scale back its economy, reduce GDP growth and lose connections with other countries. Yet, Russia has overcome these obstacles by dealing with non-Western countries, increasing its own production and further enforcing strong rule over its systems. Because of these sanctions, some countries are choosing to strengthen their cooperation with those willing to dodge the restrictions. The study points out that, along with these big economic shifts, business trading habits are starting to change, for example with more interest in decentralized and digital versions, as the isolated economy continues to develop. Although sanctions aim to slow down the Russian economy and make its leaders surrender, their lasting success is not clear, reflecting the complexity of world economic ties and Russia’s ability to change strategies over time.

Strategic Disconnection in Islamic Mortgage Finance amid Socially Mediated Consumer Expectations

Fitriyani Dalimunthe — 2025-06-30

This paper carries out a critical analysis of the strategic performance and institutional articulation of the IB Griya mortgage financing product of PT. Bank Indoswara BNI Batam. Partly because the product is structurally sound, based on the Murabahah contract, and entirely compliant with the sharia related legal norms, continuing and inefficient performance in terms of meeting financing objectives illustrates more fundamental institutional morbidity. This study identifies five interlinked weaknesses through a qualitative approach of a case study method by combining in-depth interviews, an analysis of documents, and observations in the field, where five interconnected weaknesses are revealed including product-market inhomogeneity, inflexible and behaviorally inconsistent pricing policy, ineffective promotion communication, socially indifferent service provision, and an extreme lack of strategic planning and partnership building. Instead of blaming the macroeconomic fluctuation or consumer lack of knowledge, the results identify the issue on the epistemic structure and strategic culture within the institution. This paper maintains that Islamic mortgage finance will not perform based on mere juridical legitimation; however, it would be supported by the strategic reflexivity, relationship sense of trust development, emotional consistent service designing, and institutional behaviours run through the communities. So as evidenced by the case of IB Griya, unless it expands the narrative resonance, user-centric programming and multi-actor ecosystems of partnerships, there is a danger that sharia-compliant goods will become morally good, yet behaviorally peripheral.

Financial Structuring as a Pathway to Enterprise Readiness through MSMEs Financial Accounting Standards Implementation in Indonesian Microenterprises

Mutia Rahmadani — 2025-07-14

The current study aims at exploring how Financial Accounting Standards of Micro, Small, and Medium Entities (SAK EMKM) may increase the effectiveness of financial management and the readiness of groundwork on institutional and digital integration among Indonesian microenterprises. The research makes use of a qualitative case study design by examining a laundry business located in Jaharun A Village, Deli Serdang Regency as the typical case of a non-use firm using no digital tools, absence of formal accounting records, or institutional connection. The search of information was conducted by conducting in-depth interviews, observation on the site, and complementary documents. Analysis of the collected data was carried out by aligning the current financial practices of the enterprise with standards of SAK EMKM. Investigations reveal that the company keeps very limited and hand-written incomes i.e. expenditure books, there is no categorization of assets, liabilities or profits, and there is also no separation between business and personal accounts. Such constraints are not only based on the lack of accounting expertise but are also strongly influenced by behavioral acceptability, resource availability and lack of institutional support. However, the findings reveal that, being implemented in doses and within a specified context, SAK EMKM may successfully restructure financial conduct and address the reinforcement of internal control, as well as development of trusting relationships with third-party stakeholders. Therefore, the SAK EMKM serves as a compliance tool, and as such, as an infrastructure link to informal and inclusion.

The Influence of Lifestyle and Financial Planning on Islamic Stock Investment Decisions in a Digitally Mediated Environment

Zikri Habibi Djunaidi — 2025-07-14

The speeding up of the digitalization of financial life that accompanies a rising cultural discourse about ethical investment is transforming the habits that shape the economic decisions of young Muslims. The current research examines how Islam stock investment could be impacted by lifestyle preferences and individual financial planning of student at the State Islamic University of North Sumatra (UINSU) relative to Jakarta Islamic Index (JII). Using a quantitative research approach on Structural Equation Modeling- Partial Least Squares (SEM-PLS) students investors active securities accounts were sampled and 94 student investors were selected. The results indicate that both lifestyle and financial planning influence investment decisions positively and independently of each other and lifestyle has a stronger effect in predicting investment decision. These findings indicate that approval of financial behavior of students is not a matter of systematic planning or technical literacy; there are extensive rationales on the basis of social identity, aspiration norms, and daily practices. In this environment, investment is identified as a mode of defining ethical orientation, social spot, and future intention, and not expressed as a pure economic concept. The study sets Islamic investing in the real world of digitally connected and religiously minded youngsters, enhancing the interpretation of behavioral finance in faith-related situations. It points a finger towards educational and institutional paradigms that take the financial decision-making beyond transactional competence, to cover ethical, cultural and social aspects of financial decision-making.