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Article
Publication date: 25 July 2024

Joseph Opuni-Frimpong, Justice Oheneba Akomaning and Richmond Ofori-Boafo

The purpose of this study is to examine the impact of environmental disclosures (END) on the corporate financial performance (CFP) of listed companies in Ghana before and during…

Abstract

Purpose

The purpose of this study is to examine the impact of environmental disclosures (END) on the corporate financial performance (CFP) of listed companies in Ghana before and during the Banking crisis (BKC) and the COVID-19 pandemic (COV).

Design/methodology/approach

This study used data from 16 companies listed on the Ghana Stock Exchange between 2012 and 2021. The END Index was used, which uses percentile ranking and is guided by Global Reporting Initiative guidelines. A diverse set of empirical tests were used to examine whether ENDs affect CFP during crises.

Findings

The study offered support for the stakeholder and signaling theories generally applied to the study of END. The results confirmed that ENDs have a significant positive effect on CFP measures, return on equity and earnings per share, before and during the crises. The BKC and COV had no impact on the CFP.

Practical implications

As Ghana is still recovering from the 2017 to 2020 BKC and COV, the findings of this study highlight the need for managers to embrace END reporting and engagement strategies to improve CFP and firm reputation.

Originality/value

To the best of the authors’ knowledge, this study is the first to examine the effect of END on CFP in the context of before and considering the Ghanaian BKC and COV. In addition, it is one of the few studies that investigates how ENDs affect the CFP of Ghanaian-listed firms.

Details

Journal of Financial Reporting and Accounting, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1985-2517

Keywords

Article
Publication date: 13 February 2024

Wenqi Mao, Kexin Ran, Ting-Kwei Wang, Anyuan Yu, Hongyue Lv and Jieh-Haur Chen

Although extensive research has been conducted on precast production, irregular component loading constraints have received little attention, resulting in limitations for…

Abstract

Purpose

Although extensive research has been conducted on precast production, irregular component loading constraints have received little attention, resulting in limitations for transportation cost optimization. Traditional irregular component loading methods are based on past performance, which frequently wastes vehicle space. Additionally, real-time road conditions, precast component assembly times, and delivery vehicle waiting times due to equipment constraints at the construction site affect transportation time and overall transportation costs. Therefore, this paper aims to provide an optimization model for Just-In-Time (JIT) delivery of precast components considering 3D loading constraints, real-time road conditions and assembly time.

Design/methodology/approach

In order to propose a JIT (just-in-time) delivery optimization model, the effects of the sizes of irregular precast components, the assembly time, and the loading methods are considered in the 3D loading constraint model. In addition, for JIT delivery, incorporating real-time road conditions in the transportation process is essential to mitigate delays in the delivery of precast components. The 3D precast component loading problem is solved by using a hybrid genetic algorithm which mixes the genetic algorithm and the simulated annealing algorithm.

Findings

A real case study was used to validate the JIT delivery optimization model. The results indicated this study contributes to the optimization of strategies for loading irregular precast components and the reduction of transportation costs by 5.38%.

Originality/value

This study establishes a JIT delivery optimization model with the aim of reducing transportation costs by considering 3D loading constraints, real-time road conditions and assembly time. The irregular precast component is simplified into 3D bounding box and loaded with three-space division heuristic packing algorithm. In addition, the hybrid algorithm mixing the genetic algorithm and the simulated annealing algorithm is to solve the 3D container loading problem, which provides both global search capability and the ability to perform local searching. The JIT delivery optimization model can provide decision-makers with a more comprehensive and economical strategy for loading and transporting irregular precast components.

Details

Engineering, Construction and Architectural Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 2 January 2024

Xin Zou and Zhuang Rong

In repetitive projects, repetition offers more possibilities for activity scheduling at the sub-activity level. However, existing resource-constrained repetitive scheduling…

Abstract

Purpose

In repetitive projects, repetition offers more possibilities for activity scheduling at the sub-activity level. However, existing resource-constrained repetitive scheduling problem (RCRSP) models assume that there is only one sequence in performing the sub-activities of each activity, resulting in an inefficient resource allocation. This paper proposes a novel repetitive scheduling model for solving RCRSP with soft logic.

Design/methodology/approach

In this paper, a constraint programming model is developed to solve the RCRSP using soft logic, aiming at the possible relationship between parallel execution, orderly execution or partial parallel and partial orderly execution of different sub activities of the same activity in repetitive projects. The proposed model integrated crew assignment strategies and allowed continuous or fragmented execution.

Findings

When solving RCRSP, it is necessary to take soft logic into account. If managers only consider the fixed logic between sub-activities, they are likely to develop a delayed schedule. The practicality and effectiveness of the model were verified by a housing project based on eight different scenarios. The results showed that the constraint programming model outperformed its equivalent mathematical model in terms of solving speed and solution quality.

Originality/value

Available studies assume a fixed logic between sub-activities of the same activity in repetitive projects. However, there is no fixed construction sequence between sub-activities for some projects, e.g. hotel renovation projects. Therefore, this paper considers the soft logic relationship between sub-activities and investigates how to make the objective optimal without violating the resource availability constraint.

Details

Engineering, Construction and Architectural Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 20 March 2024

Ray Sastri, Fanglin Li, Hafiz Muhammad Naveed and Arbi Setiyawan

The COVID-19 pandemic severely impacted tourism, and the hotel and restaurant industry was the most affected sector, which faced issues related to business uncertainty and…

Abstract

Purpose

The COVID-19 pandemic severely impacted tourism, and the hotel and restaurant industry was the most affected sector, which faced issues related to business uncertainty and unemployment during the crisis. The analysis of recovery time and the influence factors is significant to support policymakers in developing an effective response and mitigating the risks associated with the tourism crisis. This study aims to investigate numerous factors affecting the recovery time of the hotel and restaurant sector after the COVID-19 crisis by using survival analysis.

Design/methodology/approach

This study uses the quarterly value added with the observation time from quarter 1 in 2020 to quarter 1 in 2023 to measure the recovery status. The recovery time refers to the number of quarters needed for the hotel and restaurant sector to get value added equal to or exceed the value added before the crisis. This study applies survival models, including lognormal regression, Weibull regression, and Cox regression, to investigate the effect of numerous factors on the hazard ratio of recovery time of hotels and restaurants after the COVID-19 crisis. This model accommodates all cases, including “recovered” and “not recovered yet” areas.

Findings

The empirical findings represented that the Cox regression model stratified by the area type fit the data well. The priority tourism areas had a longer recovery time than the non-priority areas, but they had a higher probability of recovery from a crisis of the same magnitude. The size of the regional gross domestic product, decentralization funds, multiplier effect, recovery time of transportation, and recovery time of the service sector had a significant impact on the probability of recovery.

Originality/value

This study contributes to the literature by examining the recovery time of the hotel and restaurant sector across Indonesian provinces after the COVID-19 crisis. Employing survival analysis, this study identifies the pivotal factors affecting the probability of recovery. Moreover, this study stands as a pioneer in investigating the multiplier effect of the regional tourism and its impact on the speed of recovery.

Details

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

Keywords

Open Access
Article
Publication date: 13 September 2024

Xinghua Shan, Xiaoyan Lv, Jinfei Wu, Shuo Zhao and Junfeng Zhang

Revenue management (RM) is a significant technique to improve revenue with limited resources. With the macro environment of dramatically increasing transit capacity and rapid…

Abstract

Purpose

Revenue management (RM) is a significant technique to improve revenue with limited resources. With the macro environment of dramatically increasing transit capacity and rapid railway transport development in China, it is necessary to involve the theory of RM into the operation and decision of railway passenger transport.

Design/methodology/approach

This paper proposes the theory and framework of generalized RM of railway passenger transport (RMRPT), and the thoughts and methods of the main techniques in RMRPT, involving demand forecasting, line planning, inventory control, pricing strategies and information systems, are all studied and elaborated. The involved methods and techniques provide a sequential process to help with the decision-making for each stage of RMRPT. The corresponding techniques are integrated into the information system to support practical businesses in railway passenger transport.

Findings

The combination of the whole techniques devotes to railway benefit improvement and transit resource utilization and has been applied into the practical operation and organization of railway passenger transport.

Originality/value

The development of RMRPT would provide theoretical and technical support for the improvement of service quality as well as railway benefits and efficiency.

Details

Railway Sciences, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2755-0907

Keywords

Article
Publication date: 2 August 2024

Zheni Wang

This research used a temporal approach to operationalize employee engagement, capturing subjective/objective time of the day and day of the week to analyze the dynamic patterns of…

Abstract

Purpose

This research used a temporal approach to operationalize employee engagement, capturing subjective/objective time of the day and day of the week to analyze the dynamic patterns of employees’ daily/weekly well-being, basic needs satisfaction, and situational work motivation under the integrated framework of self-determination theory.

Design/methodology/approach

Multi-level data was collected using the survey structure outlined under the day reconstruction methodology (DRM) with samples of Canadian part-time working undergraduate students and full-time US corporate employees (1980 work episodes reported by 321 participants).

Findings

Multi-level confirmatory factorial analysis results supported the measurement invariance for within-person variables in all the working episodes across the US and Canada samples. Structural equation modeling path analysis results, using the within-person variables, captured the daily temporal patterns that employees’ well-being (vitality and positive affect), basic psychological needs (autonomy and relatedness), and situational autonomous motivation started at a high level and decreased with both subjective and objective time of the day. Negative affect showed asymmetric daily and weekly temporal patterns compared to positive affect. A few indirect paths were found, including one from the subjective time of the day to employee well-being (vitality and affect) via situational autonomous motivation and another one from the day of the week to vitality and positive affect via relatedness needs satisfaction and situational autonomous motivation.

Research limitations/implications

The socio-cultural and business impacts of work scheduling practices and implications for theory-driven, evidence-based organizational development practices were discussed together with the research limitations.

Practical implications

Results on how the variations in self-regulation during the performance of different work tasks in a single work event help practitioners to connect repeated situational motivational change patterns to effective supervision. HR business partner can also utilize such findings to shape evidence-based practice to improve employee engagement.

Originality/value

This research is one of the few pioneer studies to look into how temporal factors, such as work scheduling, affect employees' well-being through the dynamic understanding of the mediated path model from time to employee well-being via psychological engagement conditions such as motivation and needs satisfaction.

Details

Evidence-based HRM: a Global Forum for Empirical Scholarship, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2049-3983

Keywords

Open Access
Article
Publication date: 12 October 2021

Kiran Fahd, Shah Jahan Miah and Khandakar Ahmed

Student attritions in tertiary educational institutes may play a significant role to achieve core values leading towards strategic mission and financial well-being. Analysis of…

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Abstract

Purpose

Student attritions in tertiary educational institutes may play a significant role to achieve core values leading towards strategic mission and financial well-being. Analysis of data generated from student interaction with learning management systems (LMSs) in blended learning (BL) environments may assist with the identification of students at risk of failing, but to what extent this may be possible is unknown. However, existing studies are limited to address the issues at a significant scale.

Design/methodology/approach

This study develops a new approach harnessing applications of machine learning (ML) models on a dataset, that is publicly available, relevant to student attrition to identify potential students at risk. The dataset consists of the data generated by the interaction of students with LMS for their BL environment.

Findings

Identifying students at risk through an innovative approach will promote timely intervention in the learning process, such as for improving student academic progress. To evaluate the performance of the proposed approach, the accuracy is compared with other representational ML methods.

Originality/value

The best ML algorithm random forest with 85% is selected to support educators in implementing various pedagogical practices to improve students’ learning.

Article
Publication date: 15 October 2021

Paulthurai Rajesh, Francis H. Shajin and Kumar Cherukupalli

The purpose of this paper is to track the maximal power of wind energy conversion system (WECS) and enhance the search capability for WECS maximum power point tracking (MPPT).

Abstract

Purpose

The purpose of this paper is to track the maximal power of wind energy conversion system (WECS) and enhance the search capability for WECS maximum power point tracking (MPPT).

Design/methodology/approach

The hybrid technique is the combination of tunicate swarm algorithm (TSA) and radial basis function neural network.

Findings

TSA gets input parameters from the rectifier outputs such as rectifier direct current (DC) voltage, DC current and time. From the input parameters, it enhances the reduced fault power of rectifier and generates training data set based on the MPPT conditions. The training data set is used in radial basis function. During the execution time, it produces the rectifier reference DC side voltage that is converted to control pulses of inverter switches.

Originality/value

Finally, the proposed method is executed in MATLAB/Simulink site, and the performance is compared with different existing methods like particle swarm optimization algorithm and hill climb searching technique. Then the output illustrates the performance of the proposed method and confirms its capability to solve issues.

Details

Journal of Engineering, Design and Technology , vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1726-0531

Keywords

Article
Publication date: 4 September 2024

Layin Wang, Meng Zhang and Jing Liu

Under the rural revitalization, the effect of China's implementation of rural prefabricated housing is not obvious. Cost has become the biggest obstacle to its development…

Abstract

Purpose

Under the rural revitalization, the effect of China's implementation of rural prefabricated housing is not obvious. Cost has become the biggest obstacle to its development. Therefore, it is necessary to study the factors influencing the cost of prefabricated buildings in villages and clarify the focus of cost control.

Design/methodology/approach

This paper focuses on the whole process of prefabricated housing construction in villages in China and uses grounded theory to identify and screen out 27 related factors that affect the construction cost of prefabricated buildings. A system dynamics model is used to dynamically analyze the influencing factors. The engineering examples in rural areas of southern Shaanxi are simulated. Finally, five key factors that influence cost are obtained. Based on this, cost control countermeasures are proposed for rural prefabricated housing in southern Shaanxi.

Findings

The results show that: the key factors affecting the cost of prefabricated buildings in villages include the selection of production methods, the degree of design standardization, the quality of construction personnel, the level of construction technology and the circulation cycle of molds. The cost of prefabricated housing in villages can be controlled through five aspects: mass production of components, design exchange and feasibility analysis, improvement of employee professionalism, strict selection of construction schemes and technologies and improvement of mold turnover rate.

Research limitations/implications

The system dynamics model applied in this paper is based on the idealized state. The system boundary is narrow and has a certain subjectivity. It needs further detailed research to make it closer to the engineering practice. In addition, this paper applies the rural engineering example in southern Shaanxi to carry out a single case study, and the universality of the research results needs to be further tested. There are many village construction projects and building types, so the research results can be further enriched through large sample research.

Practical implications

Rural construction is an important step in the implementation of rural revitalization. Exploring the factors that affect the key costs of prefabricated buildings in villages and towns in view of the particularity of rural areas will help provide a reference for their cost control and help the rural development of prefabricated houses.

Social implications

The research results of this paper can provide a reference for the development of prefabricated buildings in other rural revitalization areas.

Originality/value

Different from the traditional research on urban prefabricated buildings, this paper focuses on rural areas and explores the core factors affecting the cost of prefabricated buildings from the micro level. This study establishes a system dynamics model suitable for the cost control of prefabricated housing at the village level and provides methods for its cost control. Based on the identified key factors affecting costs, cost control measures were proposed for prefabricated housing tailored to the unique characteristics of villages.

Details

Engineering, Construction and Architectural Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0969-9988

Keywords

Article
Publication date: 1 September 2023

Pengyu Li, Jingbo Shao and Hang Wu

In the actual livestreaming background, to obtain more income, some broadcasters will transform their original single role orientation into mixed one. This research study aims to…

3840

Abstract

Purpose

In the actual livestreaming background, to obtain more income, some broadcasters will transform their original single role orientation into mixed one. This research study aims to conduct an empirical study on the influence of the broadcasters' role orientation transformation on the viewers' tipping behavior.

Design/methodology/approach

The authors collect data from Kuai, a leading online live streaming service provider in China. The dataset includes 175,701 live streaming data from 971 broadcasters in 7 months. To avoid unobservable factors, the authors adopt two difference-in-differences (DID) models to estimate the effect of two kinds of broadcaster's role orientation transformation on the broadcaster’s direct income separately. And the authors use the Heckman-type correction to solve broadcasters’ self-selected problem.

Findings

The authors evaluated that there is a U-shape relationship between the broadcasters' role orientation transformation and their direct income. The broadcasters' direct income experienced a sharp decline for a short period of time after transformation and followed by a rise after a period of adaptation. And for broadcasters with different genders and amounts of fans, the influence degree of role orientation transformation is various.

Originality/value

This paper provides a fresh usage of the regulatory engagement theory in the brand new information communication technology. And it also explores the boundary effect of the participating object's self-factors in the regulatory engagement theory. Besides, this paper expands the research of livestreaming into natural background. Such results also provide operable suggestions for the livestream platform, the broadcaster himself and the enterprises who want to employ some broadcasters to recommend their products.

Details

Aslib Journal of Information Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2050-3806

Keywords

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