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1 – 10 of 598Muhamad Nafik Hadi Ryandono, Tika Widiastuti, Eko Fajar Cahyono, Dian Filianti, A. Syifaul Qulub and Muhammad Ubaidillah Al Mustofa
Zakat is an important Islamic economic instrument that plays significant role in Sustainable Development Goals. Accordingly, Zakat Institutions must manage zakat in a proper and…
Abstract
Purpose
Zakat is an important Islamic economic instrument that plays significant role in Sustainable Development Goals. Accordingly, Zakat Institutions must manage zakat in a proper and efficient manner. This study aims to examine the efficiency of Zakat Institutions based on their clusters which are government, business and social organizations.
Design/methodology/approach
This study uses three quantitative methods: data envelopment analysis (DEA), free disposal hull and super-efficiency DEA. The analytical method is based on production approach, variable return to scale assumption and output orientation. The sample consists of 14 Zakat Institutions from three clusters: Zakat Institutions managed by government, Zakat Institutions managed by corporation and Zakat Institution managed by social organizations.
Findings
The results revealed that all of three techniques culminate the same ranking order of efficiency. Zakat Institution managed by the government is the most efficient Zakat Institution, with the average value of 0.87 by using three approaches combined. Meanwhile, Zakat Institutions owned by company and social institutions cluster are in second and third position, with the average value of 0.65 and 0.4, respectively, based on the results of the three approaches. This study contends that the level of efficiency of Zakat Institutions may be supported by clusters (affiliations) in their management.
Research limitations/implications
This study’s limitation is the inadequacy of the required data. Nonetheless, this study provides insights to improve the efficiency of Zakat Institutions based on their clusters. Zakat Institutions in each cluster can improve their efficiency by optimizing inputs to produce multiple outputs.
Originality/value
This study enhances research on the efficiency of Zakat Institutions using three methods to assess the consistency and strength of Zakat Institutions’ efficiency values. In addition, this study examines the efficiency level of Zakat Institutions based on their clusters.
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The paper is devoted to develop the methodological technique for the implementation of competitive benchmarking in an industrial company in strategy of “the follower”. The paper…
Abstract
Purpose
The paper is devoted to develop the methodological technique for the implementation of competitive benchmarking in an industrial company in strategy of “the follower”. The paper aims to discuss these issues.
Design/methodology/approach
In the research, a non-parametric methodology of efficiency analysis is used. To solve the problem of finding the best competitor, the author proposes to apply the method of free disposal hull (FDH).
Findings
The proposed methodological technique for the implementation of competitive benchmarking in an industrial company in strategy of the follower enables to gradually develop and make informed strategic decisions that ensure the achievement of efficiency frontier and a leadership in its market segment.
Research limitations/implications
The research is limited by a single industry (dairy products). This is explained by requirement of technology (product, service) homogeneity when using FDH model.
Practical implications
By a case of 60 Ukrainian dairies, the paper demonstrates how the author can use the proposed technique in a practice and what steps the author should make to find company benchmark and improve the efficiency. It is possible to use the results of this research to make competitive benchmarking for the other industries.
Originality/value
This paper adopts FDH model for competitive benchmarking and implementing the strategy of the followers. The proposed technique enables to improve the various activities of the analyzed dairies.
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Amir Shabani, Seyed Mohammad Reza Torabipour and Reza Farzipoor Saen
The purpose of this paper is to introduce an innovative data envelopment analysis (DEA) model entitled “Non‐binary Arithmetic Operator Dual‐role” (NAOD) under free disposability…
Abstract
Purpose
The purpose of this paper is to introduce an innovative data envelopment analysis (DEA) model entitled “Non‐binary Arithmetic Operator Dual‐role” (NAOD) under free disposability assumption for selecting the refrigerated containers in cold chain management (CCM).
Design/methodology/approach
In classical DEA models, it is assumed that all of input and output variables play a certain role. However, in some cases, some variables play both input and output roles, simultaneously. These variables in DEA are called “dual‐role” factors. This study introduces a new approach to deal with these factors in the process of evaluating a set of homogeneous refrigerated containers, which is based on Free Disposal Hull (FDH) (one of the DEA models). However, in previous dual‐role models, this variable is considered as a binary variable. In this paper, a partial role for dual‐role factors is considered.
Findings
The main findings of this paper are: for the first time, the NAOD model is developed for the container selection problem in the context of CCM and the dual‐role factors are considered for the container selection problem. The NAOD model determines partial role of dual‐role factors and can consider multiple dual‐role factors. For the first time, the container selection problem is solved by an FDH model. The result of NAOD model is validated by genetic algorithm.
Originality/value
The paper makes a sufficient contribution to the practice of operations research. It is the first study which applies advanced DEA models for selecting the containers in the context of the CCM. To the best of the authors' knowledge, there is no other reference that deals with container selection in the context of CCM in the presence of dual‐role factors.
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The purpose of this paper is to employ a necessary condition analysis (NCA) approach to investigate the level of necessity of two conditions, marketing capability, including…
Abstract
Purpose
The purpose of this paper is to employ a necessary condition analysis (NCA) approach to investigate the level of necessity of two conditions, marketing capability, including responsiveness to customers, responsiveness to competitors, responsiveness to the macro environment, and business relationship quality, and innovativeness capability for firm performance.
Design/methodology/approach
Using a survey data set collected from a sample of 311 Vietnamese firms, this study explored the levels of necessity of the components of marketing capability and innovativeness capability by NCA. The study also tested the net effects of these components on firm performance by multiple regression analysis (MRA).
Findings
The MRA results reveal that except for responsiveness to the macro environment, other components of marketing capability and innovativeness capability have positive effects on firm performance. Further, firm size affects performance but industry types do not. The NCA results indicate that these conditions exhibit different levels of necessity for the occurrence of firm performance.
Research limitations/implications
A major limitation of this study is the exploration of necessary levels of only two key firm capabilities, i.e., marketing and innovativeness. Several other capabilities, such as, research and development, operations capabilities, and other market-based assets should be investigated in future research.
Practical implications
The findings suggest that firms should pay attention not only to the net effects (β weights) but also to the levels of necessity of firm capabilities for their target outcome.
Originality/value
This study is among first studies investigating the levels of necessity of marketing capability and innovativeness capability for firm performance.
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John Tumaku, Jianxin Ren, Kwabena Gyasi Boakye, Kwame Simpe Ofori and Aidatu Abubakari
Over the past decade, research into sharing economy platforms has gained prominence. The purpose of this study is to investigate the role of perceived value (both hedonic and…
Abstract
Purpose
Over the past decade, research into sharing economy platforms has gained prominence. The purpose of this study is to investigate the role of perceived value (both hedonic and utilitarian) in attracting consumer engagement in the sharing economy, as well as its link with trust.
Design/methodology/approach
This study used a survey method to empirically tested the proposed model using the partial least squares approach to structural equation modeling on data from 320 DiDi app users.
Findings
The study's findings revealed that both hedonic and utilitarian value had a significant effect on satisfaction and trust in the platform. Although the results showed no effect of hedonic and utilitarian values on trust in driver, the authors found trust in driver and platform, and satisfaction had significant influences on users’ continued intention to use the Taxi-hailing app. Interestingly, this study suggests that trust in the platform is transferred to trust in the driver.
Originality/value
The results from the Necessary Condition Analysis shows that satisfaction and utilitarian value are necessary conditions of continuance intention.
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Cinzia Daraio, Gianpaolo Iazzolino, Domenico Laise, Ilda Maria Coniglio and Simone Di Leo
The purpose of this paper is to address the issue of knowledge visualization and its connection with performance measurement from an epistemological point of view, considering…
Abstract
Purpose
The purpose of this paper is to address the issue of knowledge visualization and its connection with performance measurement from an epistemological point of view, considering quantification and measurement not just as technical questions but showing their relevant implications on the management decision-making of knowledge-based organizations.
Design/methodology/approach
This study proposes a theoretical contribution that combines two lines of research for identifying the three main meta-choices problems that arise in the multidimensional benchmarking of knowledge-based organizations. The first is the meta-choice problem related to the choice of the algorithm used (Iazzolino et al., 2012; Laise et al., 2015; Daraio, 2017a). The second refers to the choice of the variables to be included in the model (Daraio, 2017a). The third concerns the choice of the data on which the analyses are carried out (Daraio, 2017a).
Findings
The authors show the interplay existing among the three meta-choices in multidimensional benchmarking, considering as key performance indicators intellectual capital, including Human Capital, Structural Capital and Relational Capital, and performances, evaluated in financial and non-financial terms. This study provides an empirical analysis on Italian Universities, comparing the ranking distributions obtained by several efficiency and multi-criteria methods.
Originality/value
This study demonstrates the difficulties of the “implementation problem” in performance measurement, related to the subjectivity of results of the evaluation process when there are many evaluation criteria, and proposes the adoption of the technologies of humility related to the awareness that we can only achieve “satisficing” results.
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Peter A Aghimien, Fakarudin Kamarudin, Mohamad Hamid and Bany Noordin
This paper aims to investigate the efficiency level of Gulf Cooperation Council (GCC) banks on technical efficiency (TE), pure technical efficiency (PTE) and scale efficiency…
Abstract
Purpose
This paper aims to investigate the efficiency level of Gulf Cooperation Council (GCC) banks on technical efficiency (TE), pure technical efficiency (PTE) and scale efficiency (SE). Both PTE and SE represent the potential factors that influence the efficiency of the GCC banks. In total, 43 GCC banks were observed in this study over the period from 2007 until 2011.
Design/methodology/approach
The Data Envelopment Analysis, a non-parametric method using variable returns to scale under Banker, Charnes and Cooper model, was used with assets and deposit (as input) and loan and income (as output).
Findings
On average, the results show that many GCC banks are operating within an optimal scale of efficiency. Nevertheless, the results also show managerial inefficiency in the use of resources. Furthermore, the results indicate that, while the larger banks (the 22 largest) tend to operate at constant returns to scale (CRS) or decreasing returns to scale, the smaller banks (the 21 smallest) are susceptible to operate at either CRS or increasing returns to scale.
Research limitations/implications
Because of the chosen research method, the results may lack generalisation. Therefore, researchers are encouraged to test the propositions further. An additional implication of the results is that it was able to identify some banks that may become potential targets for outside acquisition.
Practical implications
The findings should be useful to banks in the GCC in increasing their efficiencies and recognizing those with a potential for outside acquisition.
Originality/value
The findings are valuable because they will facilitate the maintenance of efficient banks in the GCC. This is necessary to enable the countries to maintain a healthy and sustainable economy.
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The purpose of this paper is to investigate the impact of the hardiness of university business students. Overall hardiness, and its individual components of commitment, control…
Abstract
Purpose
The purpose of this paper is to investigate the impact of the hardiness of university business students. Overall hardiness, and its individual components of commitment, control and challenge, were all explored in relation to students’ quality of university life, quality of life and learning performance.
Design/methodology/approach
A sample of 722 Vietnamese business students was surveyed to collect the data. Structural equation modeling (SEM) was used to determine whether hardiness and/or its components enhanced students’ quality of university life, quality of life and learning performance. Necessary condition analysis (NCA) was then employed to explore the levels of hardiness and its components necessary for each of the key areas.
Findings
SEM results revealed that overall hardiness had a positive effect on all three key areas. In terms of individual components, commitment, control and challenge were found to have positive impacts on learning performance; however, control did not affect quality of university life, and challenge had no effect on quality of life. NCA results show that these components of hardiness had varying degrees necessary for students to experience success in these areas.
Practical implications
Findings suggest that university administers should consider the role which student hardiness, and its individual components, can play in relation to student success at university. Specifically, universities should practice hardiness training and assessment programs to equip their students with hardy attitudes and skills.
Originality/value
This study is one of the first to examine of the levels of the components of hardiness (i.e. commitment, control and challenge) necessary for students to achieve success in the quality of university life, quality of life and learning performance.
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