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Open Access
Article
Publication date: 13 May 2020

Mai Hong Phan and Lan Archer

Corruption has been evidenced as one of the major factors that drive a firm's dynamics and growth. This study examines the relationship between corruption and financing structure…

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Abstract

Purpose

Corruption has been evidenced as one of the major factors that drive a firm's dynamics and growth. This study examines the relationship between corruption and financing structure decisions of small and medium-sized enterprises (SMEs) in Vietnam.

Design/methodology/approach

The authors use a longitudinal data set from the Vietnam's SME Survey in the period 2007–2013 and adopt the two-stage least squares method to deal with endogeneity.

Findings

After controlling for endogeneity and firm heterogeneity, the authors find that, overall, corruption does significantly affect the decisions of financing sources. Given that, corruption increases the use of informal debt and decreases the levels of formal debt, owner's equity and retained earnings.

Practical implications

The findings suggest implications for corruption-combating actions and policies.

Originality/value

Different from previous studies that either provide evidence of government corruption and a firm's capital structure at the country level or focus on corruption and debt only, we deliver a more comprehensive analysis on the nexus between corruption and various financing sources.

Details

Journal of Economics and Development, vol. 22 no. 2
Type: Research Article
ISSN: 1859-0020

Keywords

Article
Publication date: 25 June 2020

Lan Archer, Parmendra Sharma and Jen-Je Su

A review of literature has documented that accessing formal credit and other banking services has always been a crucial challenge for small and medium-sized enterprises (SMEs)…

Abstract

Purpose

A review of literature has documented that accessing formal credit and other banking services has always been a crucial challenge for small and medium-sized enterprises (SMEs). The alternative, therefore, tends to be informal channels. However, the credit constraint vis-à-vis informal channel link does not appear to be well documented in the literature. This study aims to investigate whether credit constraints significantly affect the probability of accessing informal credit, as well as the credit values of Vietnamese SMEs.

Design/methodology/approach

This study uses a trinary approach and correlated random-effects Probit and Tobit techniques to avoid the incidental coefficients problem.

Findings

The results suggest that relative to unconstrained and partially constrained firms, fully constrained firms tend to be more active in the informal credit markets, shown by their higher probability of informal credit access and larger credit values.

Originality/value

To the best of authors’ knowledge, this is the first study on Vietnam that takes a different approach to credit constraints and examines their impact on informal credit access. Policy implications arise and are discussed.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-11-2017-0543

Details

International Journal of Social Economics, vol. 47 no. 6
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 1 February 1988

Socrates I. Papadopoulos

Environmental and Ecological Effects Tourism is also seen as capable of disturbing and destroying environmental and ecological elements (Organisation for Economic Co‐operation and…

Abstract

Environmental and Ecological Effects Tourism is also seen as capable of disturbing and destroying environmental and ecological elements (Organisation for Economic Co‐operation and Development 1980). Rural landscapes may be damaged by the construction of new roads, caravan and camping sites, or obtrusive hotels. As pointed out by Hamilton “the price paid by a host community can be the loss of peace and tranquility, the desecration of shrines and artifacts, the death of a traditional culture or changes in the ecological balance” (Hamilton 1973, p. 61).

Details

The Tourist Review, vol. 43 no. 2
Type: Research Article
ISSN: 0251-3102

Abstract

Details

Information Services for Innovative Organizations
Type: Book
ISBN: 978-0-12465-030-5

Article
Publication date: 1 February 1992

Alice Robbin

The purpose of this article is to contribute to our stock of knowledge about who uses networks, how they are used, and what contribution the networks make to advancing the…

Abstract

The purpose of this article is to contribute to our stock of knowledge about who uses networks, how they are used, and what contribution the networks make to advancing the scientific enterprise. Between 1985 and 1990, the Survey of Income and Program Participation (SIPP) ACCESS data facility at the University of Wisconsin‐Madison provided social scientists in the United States and elsewhere with access through the electronic networks to complex and dynamic statistical data; the 1984 SIPP is a longitudinal panel survey designed to examine economic well‐being in the United States. This article describes the conceptual framework and design of SIPP ACCESS; examines how network users communicated with the SIPP ACCESS project staff about the SIPP data; and evaluates one outcome derived from the communications, the improvement of the quality of the SIPP data. The direct and indirect benefits to social scientists of electronic networks are discussed. The author concludes with a series of policy recommendations that link the assessment of our inadequate knowledge base for evaluating how electronic networks advance the scientific enterprise and the SIPP ACCESS research network experience to the policy initiatives of the High Performance Computing Act of 1991 (P.L. 102–194) and the related extensive recommendations embodied in Grand Challenges 1993 High Performance Computing and Communications (The FY 1993 U.S. Research and Development Program).

Details

Internet Research, vol. 2 no. 2
Type: Research Article
ISSN: 1066-2243

Article
Publication date: 1 January 1983

J. Mazanec

Evolution of Micro‐Models. Unlike the overall development in consumer research, specialized modeling of tourist behavior mainly occurred on the aggregate level. Macroeconomic…

Abstract

Evolution of Micro‐Models. Unlike the overall development in consumer research, specialized modeling of tourist behavior mainly occurred on the aggregate level. Macroeconomic demand or gravity and trip‐generation models are well known among scholars of tourism (Archer 1976, Vanhove 1979) while the individual tourist decision process has not been a subject of great priority. Modeling on the disaggregate level apart from some exceptions in travel behavior and mode selection (Tybout and Hauser 1981; Barff, Mackay and Olshavsky 1982) rarely exceeds the standard technique of flow‐charting. Gallichan (1976) and Go (1981) offer typical examples of ad hoc defined stages in the tourist decision sequence.

Details

The Tourist Review, vol. 38 no. 1
Type: Research Article
ISSN: 0251-3102

Article
Publication date: 1 July 1996

Nerev F. Kock, Robert J. McQueen and Megan Baker

Recent surveys show that process‐reengineering (BPR) has had widespread adoption in western countries. This has been motivated by case studies where drastic improvements in…

1230

Abstract

Recent surveys show that process‐reengineering (BPR) has had widespread adoption in western countries. This has been motivated by case studies where drastic improvements in quality, productivity, cost reduction and competitiveness have been reported. The rate of failure in re‐engineering attempts, though, has been reported to be equally high. It is estimated that over 70 per cent of all re‐engineering attempts fail to produce bottom‐line improvements. Describes one such failed attempt in a large public organization in Brazil. As a result of the re‐engineering attempt, the organization had its IT infrastructure significantly improved, and the access to IT was decentralized by the downsizing of computer applications from a mainframe to a local area network. On the other hand, no radical changes in the organization’s business processes had resulted, despite the US$ 8 million invested in the BPR attempt. Moreover, even though some processes had been automated, almost no staff reduction was effected. The lack of layoffs meant that even the increase in efficiency in those processes, which by no means was radical, was not realized.

Details

International Journal of Public Sector Management, vol. 9 no. 4
Type: Research Article
ISSN: 0951-3558

Keywords

Article
Publication date: 7 January 2014

Joaquim J.F. Soares, Silvia Fraga, Eija Viitasara, Mindaugas Stankunas, Örjan Sundin, Maria Gabriella Melchiorre, Gloria Macassa and Henrique Barros

The purpose of this paper is to investigate chronicity (frequency) in different abuse types (e.g. psychological) and overall abuse (all abuse types) by severity (minor, severe…

Abstract

Purpose

The purpose of this paper is to investigate chronicity (frequency) in different abuse types (e.g. psychological) and overall abuse (all abuse types) by severity (minor, severe, total) in seven European cities, and scrutinize factors associated with high chronicity levels (frequency on the median and higher) in psychological and overall abuse by severity.

Design/methodology/approach

The study design was cross-sectional. The sample consisted of 4,467 randomly selected women/men (2,559 women) aged 60-84 years from seven European cities, and data were analysed with bivariate and multivariate methods.

Findings

Chronicity varied across country and by abuse type. For instance, Germany had the highest chronicity means in physical and sexual abuse; Greece in physical, injury, sexual and overall abuse; Lithuania in physical, injury, financial and overall abuse; Portugal in physical abuse; Spain in physical, sexual and financial abuse; and Sweden in psychological, injury, financial and overall abuse. In general, Italy had the lowest chronicity means. The main perpetrators were people close to the respondents and women (in some cases).

Research limitations/implications

The independent relationship (regressions) between chronicity/severity of abuse, country and other variables (e.g. depression) was examined only for psychological and overall abuse. More research into this issue with other types of abuse (e.g. sexual) is warranted.

Originality/value

The paper reports data from the ABUEL survey, which gathered population-based data on elderly abuse.

Details

Journal of Aggression, Conflict and Peace Research, vol. 6 no. 1
Type: Research Article
ISSN: 1759-6599

Keywords

Article
Publication date: 1 March 1989

Douglas G. Pearce

The last ten to fifteen years have seen a marked explosion in the literature on tourism. General and specific abstracting journals and bibliographies featuring tourism exist (e.g…

Abstract

The last ten to fifteen years have seen a marked explosion in the literature on tourism. General and specific abstracting journals and bibliographies featuring tourism exist (e.g. GeoAbstracts and Leisure, Recreation and Tourism Abstracts) and literature reviews of different aspects of tourism are frequently undertaken (e.g. Pearce 1981; Graburn 1983; Cohen 1984) but there has been little attempt to analyse the nature of the literature itself. What is actually being used and where it is coming from are questions which have rarely been addressed as the abstracts give no indication of use and most reviews are content oriented. Answers to these questions can provide insights into the nature, structure and boundaries of tourism research.

Details

The Tourist Review, vol. 44 no. 3
Type: Research Article
ISSN: 0251-3102

Article
Publication date: 4 December 2019

Sheng Huang, Guangyu Ye and Suqin Shen

In the literature concerning international new ventures (INVs), there has been a tension between the learning advantages of newness and absorptive capacity perspectives for…

Abstract

Purpose

In the literature concerning international new ventures (INVs), there has been a tension between the learning advantages of newness and absorptive capacity perspectives for explaining the performance influence of initial entry speed. To address this tension, this paper, through integrating both the motivation and ability to acquire foreign knowledge, proposes a theoretical model about the nonlinear relationship between INVs’ initial entry speed and international performance. Drawing upon upper echelons theory and the institution-based view, this study aims to extend the literature by developing two boundary conditions for this relationship: the moderating role of executives’ individual learning orientation and sub-national institutions.

Design/methodology/approach

The authors used the latent moderated structural equations approach specific to Mplus to test the hypotheses with data on 322 Chinese INVs.

Findings

The findings indicate that INVs’ international performance will increase initially and then decrease, as they accelerate initial entry speed (an inverted U-shaped relationship), and that INVs managed by executives with a higher learning orientation and located in better sub-national institutional environments achieve greater international growth gains from moderate initial entry speed.

Originality/value

This study mainly makes contributions to the INV literature by integrating the motivation and ability to acquire foreign knowledge to offer full understanding of the effect of initial entry speed on international performance, and by elaborating on the moderating effects of executives’ individual learning orientation and sub-national institutions on this relationship.

Details

Chinese Management Studies, vol. 14 no. 1
Type: Research Article
ISSN: 1750-614X

Keywords

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