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Location decisions are among the most costly decisions that organizations make. This research aims to examine location decisions from a macro perspective and to utilize findings for the development of a typology.

County level source information from the US Census Bureau, the United States (US) Department of Commerce: Bureau of Economic Analysis (BEA), National Association of Counties (NACO), and Fedstats is used in this analysis. Discriminant analysis as a profile analysis is utilized as an objective assessment of differences between the cluster concentrations.

The resulting typology of clusters concentrations is based on four constructs identified in the literature: innovation, specialization, complementariness and transfer of knowledge. This typology can serve as an aid in making these critical location decisions for practitioners as well as identifying future research topics for academia.

The research is an exploratory study and limited by its nature; therefore cause and effect cannot be definitively stated. Variables such as politics, environment, geography and cultural differences could have confounding effects on the study. The generalizability of the study could be affected because of the geographic location in relationship to national differences based on these and other variables.

This typology of cluster concentrations can be used as a tool for managers when making crucial location decisions.

The research is original in that it takes a more holistic approach to developing a typology of cluster concentrations. Rather than looking at specific industries and focusing on industry clusters, the research focuses on concentrations of industry clusters.

This paper aims to contribute to the approaches based on traditional industry concentration statistics for identifying clusters by complementing them with the techniques of exploratory spatial data analysis (ESDA).

Using a sample with 34,500 observations retrieved from the social information annual report released by Brazil Ministry of Labor and Employment, the methodology was designed to make a comparison between the application of industry concentration statistics and ESDA statistics.

As the results show, the geographic distribution measures proved to be fundamental for longitudinal studies on regional dynamics and industrial agglomerations, and the local indicator of spatial association statistic tends to overcome the limitation of the industry concentration approach.

In the period considered, due to economic, structural and circumstantial questions, activities linked to the transformation industry have been losing ground in the value creation process in Brazil. In this sense, the study of other industries may generate other types of insights that should be considered in the process of regional development.

This paper offers a critical analysis of empirical approaches and methodological advances with an emphasis on the treatment of special effects: spatial dependence, spatial heterogeneity and spatial scale. However, the regional dynamic presents a temporal dimension and a spatial dimension. The role of space has increasingly attracted attention in the analysis of economic changes. This work has identified opportunities for incorporating spatial effects in regional analysis over time.

Seeks to compare the three auditor attributes of brand name or reputation, concentration and structure to determine how they collectively influence the auditor selection process. The methodology for this study involves a comparison of the financial characteristics of the client base of Big Eight and non‐Big Eight firms. Overall, this study finds that comparison of client financial characteristics reveals significant differences in auditor brand name. In addition, the analysis indicates that differences also exist, based on audit structure and auditor reputation. Concludes that the auditor selection process, as proxied by a client′s systematic risk, is influenced by a joint combination of auditor attributes. Therefore the results of the study appear to support the theory that clients and auditors seek to match on desired traits.

This work aims to check the validity of the hypotheses of the agency, signalling, political costs and proprietary costs theories in the disclosure of information online. More specifically, to determine the prevalence of the purposes alleged by those theories, we analyse the effect of industry concentration and other factors on an index of items of information disclosed on corporate web sites, in its entirety as well as its breakdown into information whose elaboration and disclosure is compulsory and information whose elaboration and disclosure is voluntary.

First, a content analysis of the quoted non‐financial Spanish companies' web sites was carried out. To do this, three disclosure indexes were created and applied. Then three causal models were estimated by applying a linear regression, taking several factors into consideration.

The findings emphasise the relevance of the hypotheses of political costs theory as the main explanatory factor for voluntary disclosure of information on the internet by quoted Spanish firms. In particular, the hypothesis that the greater the firm's monopolistic power, the more visible the company is and the more political costs it faces. To reduce these costs, such companies have an interest in disclosing greater amounts of information.

The researchers have analysed only one year of data from one country, but this analysis is significant because the motives which lead a firm to disclose information can be very different depending on its geographic location, especially if the factors which determine disclosure practices are associated with the political costs that the companies face.

This is the first study to examine the effect of industrial concentration on the disclosure of information online.

There are two basic theoretical views of how advertising affects competition. One school of thought suggests that advertising decreases competition. Kaldor (1950) argued that through economies of scale in advertising, advertising increases market concentration. Also, Bain (1956) suggested that advertising causes strong product differentiation and brand loyalty, which are barriers to entry and will lead to higher concentration.

The purpose of this paper is to examine whether the presence of returnees serving on the audit committee affects auditor choice in emerging markets.

Using a logistic model, this study tests the relationship between the presence of returnees in the audit committee and auditor selection and how this relationship varies with the level of agency costs. The authors also perform several other additional analyses to ensure the robustness of the results, including propensity score matching, Heckman’s two-stage model and change analysis.

Using A-share listed companies in China from 2008 to 2016, the authors find a positive association between the presence of audit committee returnees and a demand for high-quality auditors and such association is strengthened in firms with a higher level of agency costs. The authors further find that discretionary accruals and the incidence of financial restatements are lower in firms with audit committee returnees.

Although this study focuses on audit committee members with foreign study or foreign work experience, it remains to be seen if similar effects could be achieved through foreign ownership or work experience with foreign customers or suppliers.

This study provides evidence on a new channel of international knowledge spillover through which the emigration of talent increases board monitoring by demanding high-quality auditors in an emerging economy.

The purpose of this paper is to examine the impact of superior IT capability on financial performance of firms in the chemicals and chemical products industry in India.

Financial performance of 28 firms with superior IT capability has been compared with benchmark over a period of six years.

This research has five important findings for the chemicals and chemical products industry in India: there is positive association between superior IT capability and return on sales (ROS); firms with superior IT capability are able to earn higher margins on their products; asset turn of firms with superior IT capability is less than benchmark; capital markets give higher valuation to firms with superior IT capability; and this superior performance in terms of better ROS and higher capital market valuation is sustainable over a period of time.

This is the first empirical study that has analysed the influence of IT capability on financial performance of firms in a specific industry in the context of India.

Purpose – This study tests three theories of determinants of workers' subjective response to work situations – structural factors (measured by individual, organization, and job characteristics), general disposition, or informal work arrangements as constructed by Laubach's (2005) “consent deal.”Design/methodology/approach – Data were obtained from the Indiana Quality of Employment Survey, a survey of workers covering general working conditions. We constructed 10 models regressing worker perceptions and attitudes (e.g., satisfaction, relations with supervisors, meaningfulness) on structural determinants. We then used structural equation modeling to identify an underlying factor representing a general worker response from elements of the attitudes and perceptions. Finally, we regressed a scalar version of the general response factor on the structural determinants using the previous models.Findings – We identified a single second-order latent factor underlying the 10 attitudes and perceptions which represented the “general subjective response” of workers. This supported the concept of a dispositional effect. We then found that structural factors had a minimal effect on the subjective response, but that informal arrangements had a very strong effect. This undermined the first two theories and supported the third.Implications – Worker attitudes and perceptions are very resilient to different formal work arrangements but are highly influenced by the informal arrangements negotiated between workers and frontline management. Organizations can have the strongest effect on developing worker support by empowering frontline managers to make informal deals on workplace rules.Originality/value – This study offers a means to probe the relationship between formal and structural and the informal and subjective worlds of the workplace.

This study aims to evaluate the interaction between bank capital and explicit deposit insurance scheme (DIS) on the financial stability of Islamic and conventional banks.

The author's sample covers 52 Islamic and 108 conventional banks operating in 12 countries over the period 2000–2021 using the random-effects generalized least squares (RE-GLS) regression technique.

The author's results reveal that bank capital negatively mediates the relationship between explicit DIS and the financial stability of both Islamic and conventional banks. Additionally, explicit DIS has a positive impact on the financial stability of conventional banks. However, the results are mixed for Islamic banks, as the effect of explicit DIS is positive for the Middle East and North Africa (MENA) region but negative for the South and Southeast Asia (SSA) region. Finally, the interaction between explicit DIS and the COVID-19 pandemic has a negative effect on conventional banks operating in the MENA region, while it has a positive effect on Islamic banks operating in the SSA region.

The findings of this paper have important implications for regulators in evaluating DIS policies and in anticipating any potential adverse consequences that might arise for both Islamic and conventional banks in normal and crisis times. Policymakers should strive to preserve the benefits of DIS while mitigating the destabilizing effects of its interaction with capital ratios.

This study introduces a novel aspect by examining the mediating role of capital in the relationship between explicit DIS and the financial stability of Islamic and conventional banks.

The paper aims to analyze the key structural changes required for an effective competitive new media market via digital transmission. It also aims to explain the institutional obstacles to achievement of broadband deployment in Western nations by reference to East Asia's success.

The paper identifies major trends and demonstrates evolving competition principles in the European Union media sector by discussing cases and literature in the deployment of broadband content and carriage.

The paper finds primarily that institutional barriers to reform of competition in both broadband and copyright fields create bottlenecks in any policy reform process. It goes on to consider models that have succeeded, in peer‐to‐peer content, cable and satellite television content, mobile telecommunications and East Asia, concluding that reform in fixed broadband is unlikely in the near‐term.

Policy discussion in copyright and telecommunications needs to be broadened to consider structural flaws in the institutions that govern these regimes. The paper takes a broad Northian view of institutions to encompass governance via markets, state and society in order to provide this view.