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Article
Publication date: 12 March 2018

Liang Wang, Li Ma, Kuo-Jui Wu, Anthony S.F. Chiu and Sarayut Nathaphan

The purpose of this paper is to adopt fuzzy interpretive structural modeling (ISM) to develop a precise evaluation framework and provide a theoretical basis for enhancing…

Abstract

Purpose

The purpose of this paper is to adopt fuzzy interpretive structural modeling (ISM) to develop a precise evaluation framework and provide a theoretical basis for enhancing the understanding of responsible consumption and production (RCP) in academic and industrial fields.

Design/methodology/approach

An integration of fuzzy set theory and ISM is proposed to maintain a higher level of consistency and reduce the uncertainty inherent in expert responses.

Findings

RCP can be categorized into seven levels, which represent the driving power from higher to lower. The top aspect is management style; the remaining aspects are stakeholder management, regulation compliance, efficiency improvement, sustainable awareness, sustainable production and social responsibility.

Research limitations/implications

This study attempts to integrate the triple bottom line (TBL) concept and corporate sustainability to develop a significant framework for evaluating RCP. Although the proposed aspects and criteria can be used to evaluate the Chinese construction industry, these may be insufficient for other industries. In addition, further discussion regarding important aspects and criteria is required to complete the theoretical basis.

Practical implications

The results indicate that the top two criteria are establishing transparent communication channels and promoting managerial attitudes and behavior, which are followed by technology capabilities, organizational culture and stakeholder engagement. These five criteria play important roles when implementing RCP practices among Chinese construction firms.

Originality/value

This study is the first to discuss RCP via an integration of the TBL concept and corporate sustainability. The framework developed herein provides a precise guideline for Chinese construction firms to improve their performance, and it also promotes the efficient use of resources via sustainable practices.

Details

Industrial Management & Data Systems, vol. 118 no. 2
Type: Research Article
ISSN: 0263-5577

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Article
Publication date: 31 August 2021

Donghui Liu, Lingjie Meng and Yudong Wang

Oil is crucial for industrial development. This paper investigates the impacts of oil price changes on China's industrial growth and examines whether the impacts are…

Abstract

Purpose

Oil is crucial for industrial development. This paper investigates the impacts of oil price changes on China's industrial growth and examines whether the impacts are asymmetric. The estimations can help determine how oil price shocks are transmitted throughout the economy.

Design/methodology/approach

This paper adopts West Texas Intermediate (WTI) crude oil price and industrial sector output and uses monthly data. The recently developed nonlinear autoregressive distributed lag (NARDL) model is employed to illustrate the effects in both the short term and long term. Importantly, under NARDL framework, this paper examines whether the impacts are asymmetric by decomposing oil price shocks into their positive and negative partial sums.

Findings

The empirical results prove clear evidence of asymmetries in the short term, long term or both terms. Specifically, some sectors benefit from, rather than suffer from higher oil prices, even some energy-intensive sectors, i.e. C31 (Smelting and Pressing of Ferrous Metals) and C32 (Smelting and Pressing of Non-ferrous Metals). However, the effects on some other energy-intensive sectors appear insignificant. Additionally, the results prove significantly negative responses in some sectors in the long term, and most of these sectors are in the top half of the ranking by energy consumptions.

Originality/value

This paper studies the economic responses at a disaggregated level by employing industry-level data. NARDL method is used to decompose oil price changes into their increases and decreases and investigate the asymmetries in the impacts of oil price changes.

Details

Kybernetes, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0368-492X

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Article
Publication date: 1 February 1986

Bodo B. Schlegelmilch

Attempts to provide a better explanation of differences in diverse export behaviour among similar operating firms in the same country. Wishes to compensate for…

Abstract

Attempts to provide a better explanation of differences in diverse export behaviour among similar operating firms in the same country. Wishes to compensate for deficiencies by analysing determinants of behaviour of exporting firms by: controlling for country‐specific; and industry‐specific influences on them. Tests the hypothesis and chosen research approaches which are based on earlier results. Discusses the use of a four‐part questionnaire designed with 194 independent variables and how this was sent to 1,500 managing directors of British and German food‐processing and mechanical engineering firms ‐ there were, by June 1982, 310 replies. Compares extracted sets of discriminating variables to validate by test established hypothesis. Identifies six key influences on export behaviour and concludes that the chosen research approach is an important step towards model building. Finally, states that future researchers will find scope to refine results further, and in more detail and uses a Likert scale with nine concepts.

Details

European Journal of Marketing, vol. 20 no. 2
Type: Research Article
ISSN: 0309-0566

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Article
Publication date: 1 December 2005

Chin‐eng Lin and Chen‐Su Fu

A new integrated method based on the means‐end chain (MEC) analysis and factor analysis is proposed for developing intangible product‐mix strategies for convenience store…

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Abstract

A new integrated method based on the means‐end chain (MEC) analysis and factor analysis is proposed for developing intangible product‐mix strategies for convenience store (CVS) chains. With variables obtained from a survey on CVS service items, both analyses were used to derive the hierarchical value factor map (HVFM). The new map can handle and develop strategies for product differentiation, advertising and market segmentation. The purpose of this article is two‐fold: to propose improvements for the traditional MEC method of constructing the service hierarchical value map (HVM) and to formulate effective intangible‐product strategies.

Details

Asia Pacific Journal of Marketing and Logistics, vol. 17 no. 4
Type: Research Article
ISSN: 1355-5855

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Article
Publication date: 1 March 1968

IN today's battle for greater productivity management is cast in a cardinal role. Like a military commander, it has first to recognize the nature and purpose of the…

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47

Abstract

IN today's battle for greater productivity management is cast in a cardinal role. Like a military commander, it has first to recognize the nature and purpose of the opponent and then formulate the best strategy to encompass his defeat. One element in that is to know the strength and quality of the available resources, ways in which to improve both, and then deploy them to the best advantage.

Details

Work Study, vol. 17 no. 3
Type: Research Article
ISSN: 0043-8022

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Article
Publication date: 6 August 2018

Ajid ur Rehman

This study aims to apply unit root test to investigate the behavior of Chinese firms toward their leverage policy. The study is based on two influential and competing…

Abstract

Purpose

This study aims to apply unit root test to investigate the behavior of Chinese firms toward their leverage policy. The study is based on two influential and competing theories of capital structure.

Design/methodology/approach

This study applies unit root test to investigate the behavior of Chinese firms toward their leverage policy. The study is based on two influential and competing theories of capital structure. Trade off theory advocates that firms have a target level of leverage ratio and that firms try to achieve that optimal leverage ratio, whereas pecking order theory argues that firms have no target level of leverage and that they follow a specific pattern of leverage. For this purpose, this study applies a Fisher type unit root test to 12,808 firm level observations. The data are unbalanced and cover a period from 1991 to 2014.

Findings

The results reveal the presence of a stationary behavior across short-term, long-term and total leverage policies. For short-term leverage policy, 21 per cent firms show stationary behavior, while for long-term, 20 per cent show a targeting behavior; for the total leverage policy 17 per cent of firms are found to follow a tradeoff model. To make the findings more interesting sample was further classified into profit and loss making firms. The study finds that loss making firms do not follow a target level of leverage in China. Furthermore, unit root is applied to all firms before and after crises-2008. It is revealed that stationary behavior is more prevalent before crises-2008.

Originality/value

This study is highly important from the point of view that it quantifies firms into distinct categories of following specific model of capital structure. To the best of the author’s knowledge, the findings of this study add to current research knowledge about Chinese firms with respect to adjustment behavior toward a target capital structure.

Details

Journal of Asia Business Studies, vol. 12 no. 3
Type: Research Article
ISSN: 1558-7894

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Article
Publication date: 12 June 2017

Li Cui

Although sustainability is a popular topic in the past decade, there is a lack of research to identify the driving factors for developing countries. The purpose of this…

Abstract

Purpose

Although sustainability is a popular topic in the past decade, there is a lack of research to identify the driving factors for developing countries. The purpose of this paper is to investigate the driving factors for achieving eco-innovation.

Design/methodology/approach

An in-depth case study is employed to address the objective outlined above. A Chinese company with more than 1,200 employees was selected to address the research question.

Findings

By fuzzy decision-making trial and evaluation laboratory and interpretive structural modelling analysis, the driving factors for eco-innovation are identified, and the priority of different factors has also been extracted.

Originality/value

This is among the first studies to carry similar analysis regarding eco-innovation. More specifically, this is perhaps the first study to take this approach and to analyse this topic in a developing country.

Details

Industrial Management & Data Systems, vol. 117 no. 5
Type: Research Article
ISSN: 0263-5577

Keywords

Content available
Article
Publication date: 31 August 2021

Sari Huikko-Tarvainen

This research paper aims to discover the elements of good physician leadership as perceived by physicians and to find out how the findings connect to the leadership theory.

Abstract

Purpose

This research paper aims to discover the elements of good physician leadership as perceived by physicians and to find out how the findings connect to the leadership theory.

Design/methodology/approach

The subjects (n = 50) of this qualitative study are physicians from four hierarchical levels (residents/specialising physicians, specialists, heads of departments and chief physicians). Content analysis with a constructivist-interpretative approach by thematisation was the chosen method, and it was also analysed how major leadership theories relate to good physician leadership.

Findings

Physician leaders are expected to possess the professional skills of physicians, understand how the work affects physicians’ lives and be competent in applying suitable leadership approaches following different situations and people. Trust, fairness, empathy, social skills, two-way communication skills, regular feedback, collegial respect and emotional intelligence are expected. As medical expertise connects leaders and followers, success in medical leadership comes from credibility in medical expertise, making medical leadership an inseparable part of good physician leadership. Subordinates are physician colleagues, who have their informal leadership roles on their hierarchical levels, making physician leadership a multidimensional leadership setting wherein formal leaders lead informal leaders, which blurs the traditional leader–follower boundary. In summary, good physician leadership is leadership through medical expertise combined with good manners, collegiality and traits from different kinds of leadership theories.

Originality/value

This study discovers elements of good physician leadership in a Finnish health-care context in which no similar prior empirical research has been carried out.

Details

Leadership in Health Services, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1751-1879

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Book part
Publication date: 19 November 2014

Angela Vossmeyer

An important but often overlooked obstacle in multivariate discrete data models is the specification of endogenous covariates. Endogeneity can be modeled as latent or…

Abstract

An important but often overlooked obstacle in multivariate discrete data models is the specification of endogenous covariates. Endogeneity can be modeled as latent or observed, representing competing hypotheses about the outcomes being considered. However, little attention has been applied to deciphering which specification is best supported by the data. This paper highlights the use of existing Bayesian model comparison techniques to investigate the proper specification for endogenous covariates and to understand the nature of endogeneity. Consideration of both observed and latent modeling approaches is emphasized in two empirical applications. The first application examines linkages for banking contagion and the second application evaluates the impact of education on socioeconomic outcomes.

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Book part
Publication date: 10 October 2017

Romina Gambacorta

During the last two decades the share of foreign-born residents in Italy has grown considerably, from just over 1 percent to about 8 percent. This chapter seeks to clarify…

Abstract

During the last two decades the share of foreign-born residents in Italy has grown considerably, from just over 1 percent to about 8 percent. This chapter seeks to clarify the status of immigrants in Italy by examining the evolution of their economic situation and, in particular, the presence of economic hardship. Poverty is measured by considering not only the usual income-based indicators but also others that take into account households’ real and financial wealth. The picture that emerges is one of a higher incidence of economic hardship among immigrant households that strongly affects the dynamics of poverty nationwide. The economic gap with respect to natives appears to increase in the years considered, but the condition of poverty is not more persistent for immigrants than for Italians.

Details

Research on Economic Inequality
Type: Book
ISBN: 978-1-78714-521-4

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