Search results
1 – 10 of over 175000D. Gleave, C. Angell and K. Woolley
The development of electronic information technology and its increasing rate of adoption and implementation is having a major impact upon both the volume of information activity…
Abstract
The development of electronic information technology and its increasing rate of adoption and implementation is having a major impact upon both the volume of information activity and the levels of employment in information related jobs.
Xiaochen Zhang and Huifang Yin
The aim of this paper is to examine the effect of information disclosure by unlisted bond issuers on the stock price informativeness of listed firms in the same industry.
Abstract
Purpose
The aim of this paper is to examine the effect of information disclosure by unlisted bond issuers on the stock price informativeness of listed firms in the same industry.
Design/methodology/approach
This paper takes advantage of information disclosure during the bond issuance and examines the spillover effect of unlisted bond issuers' information disclosure on listed firms in the stock market. The sample is composed of A-share firms listed on the Shanghai and Shenzhen stock exchanges from 2007 to 2018. All the data are obtained from the China Stock Market and Accounting Research and WIND databases. The impact of bond market information disclosure on price informativeness of listed firms in the same industry is identified through multivariate regression analyses.
Findings
Empirical results show that price informativeness of listed firms has a significantly positive association with the information disclosure of same-industry unlisted bond issuers. Further analyses show that the above finding is more significant when information disclosure of bond issuers is a more important channel for acquiring industry information (i.e. when industry is more concentrated, when economic uncertainty is high, and when industry information is less transparent) and understanding the industry competitive landscape (i.e. when bond issuers are relatively large, when bond issuers and listed firms have more direct product competition, when bond issuance firms are large-scale state-owned business groups), and when there are more cross-market information intermediaries (i.e. more cross-market institutional investors and more sell-side analysts). This paper indicates that information disclosure of bond issuers has a positive spillover effect on the stock market.
Originality/value
The novelty of the research is that the authors examine industry information spillover from unlisted firms to listed firms leveraging on unlisted firms' information disclosure in bond markets.
Details
Keywords
Donald T. Hawkins, Frank J. Smith, Bruce C. Dietlein, Eugene J. Joseph and Robert D. Rindfuss
Results of an in‐depth study of the electronic publishing (EP) industry, with particular emphasis on the consumer marketplace, are presented. EP was defined as the use of…
Abstract
Results of an in‐depth study of the electronic publishing (EP) industry, with particular emphasis on the consumer marketplace, are presented. EP was defined as the use of electronic media to deliver information to users in electronic form or from electronic sources. EP is contrasted to electronic‐aided publishing, which is the use of electronic means to format and produce a conventional information product. An “information chain” model of the information flows between publishers (or producers) and users was helpful in understanding the boundaries of EP and defining its markets. Following a review of the conventional publishing industry, a model of the forces driving the EP industry was derived. Although technology is the strongest driving force, it is by no means the only one; the others are economics, demographics, social trends, government policies, applications growth, and industry trends. Each of these forces is described in detail in a “cause and effect” scenario, from which keys to success in the EP marketplace are derived. Although there is some turmoil in the industry, with new services continuing to appear and disappear, the overall picture is one of optimism. EP should be a significant part of consumers' lives by the end of the decade.
The definition of the ‘information industry’ is given. The state of the art of China's information industry is described. The problems and the opportunities for its development…
Abstract
The definition of the ‘information industry’ is given. The state of the art of China's information industry is described. The problems and the opportunities for its development are analysed. And finally, considerations on its development are put out.
Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17; Property Management…
Abstract
Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17; Property Management Volumes 8‐17; Structural Survey Volumes 8‐17.
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18;…
Abstract
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17;…
Abstract
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐17; Journal of Property Investment & Finance Volumes 8‐17; Property Management Volumes 8‐17; Structural Survey Volumes 8‐17.
Pierre Eric Christian Johansson, Lennart Malmsköld, Åsa Fast-Berglund and Lena Moestam
The purpose of this paper is to describe challenges the manufacturing industry is currently facing when developing future assembly information systems. More specific, this paper…
Abstract
Purpose
The purpose of this paper is to describe challenges the manufacturing industry is currently facing when developing future assembly information systems. More specific, this paper focuses on the handling of assembly information from manufacturing engineering to the shop floor operators.
Design/methodology/approach
Multiple case studies have been conducted within one case company between 2014 and 2017. To broaden the perspective, interviews with additionally 17 large and global manufacturing companies and 3 industry experts have been held. Semi-structured interviews have been the main data collection method alongside observations and web questionnaires.
Findings
Six focus areas have been defined which address important challenges in the manufacturing industry. For manual assembly intense manufacturing company, challenges such as IT challenges, process challenges, assembly process disturbances, information availability, technology and process control, and assembly work instructions have been identified and hinder implementation of Industry 4.0 (I4.0).
Originality/value
This longitudinal study provides a current state analysis of the challenges the manufacturing industry is facing when handling assembly information. Despite the vast amount of initiatives within I4.0 and digitalization, this paper argues that the manufacturing industry needs to address the six defined focus areas to become more flexible and prepared for the transition toward a digitalized manufacturing industry.
Details
Keywords
Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management…
Abstract
Index by subjects, compiled by K.G.B. Bakewell covering the following journals: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18;…
Abstract
Compiled by K.G.B. Bakewell covering the following journals published by MCB University Press: Facilities Volumes 8‐18; Journal of Property Investment & Finance Volumes 8‐18; Property Management Volumes 8‐18; Structural Survey Volumes 8‐18.