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Article
Publication date: 10 September 2024

Xuying Li, Yanbin Liu, Jie Huang, Deyu Sang, Kun Yang and Jinbo Ling

This paper aims to reveal the influence of the grooved texture parameters on the lubrication performance of circular pocket-roller pairs in cylindrical roller bearings.

Abstract

Purpose

This paper aims to reveal the influence of the grooved texture parameters on the lubrication performance of circular pocket-roller pairs in cylindrical roller bearings.

Design/methodology/approach

In this paper, the thermal elastohydrodynamic lubrication mathematical model of the grooved texture circular pocket-roller pair was established, the finite difference method and successive over-relaxation method were used to solve the model, the influence of texture quantity, texture depth and texture area ratio on circumferential bearing capacity, friction coefficient, maximum temperature rise, stiffness and damping of the circular pocket-roller pairs were analyzed.

Findings

The results show that texture quantity, texture depth and texture area ratio significantly influence the static and dynamic characteristics of circular pocket-roller pairs. The suitable surface groove texture parameters can dramatically improve the circumferential bearing capacity, reduce the friction coefficient, inhibit the maximum temperature rise and increase the stiffness and damping of the circular pocket-roller pairs.

Originality/value

The research in this paper can provide a theoretical basis for the optimization design of pockets in cylindrical roller bearings to reduce friction and vibration.

Details

Industrial Lubrication and Tribology, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0036-8792

Keywords

Article
Publication date: 20 August 2024

Jang-Chul Kim, Qing Su and Teressa Elliott

This study aims to investigate the relationship among liquidity, information asymmetry and political risk for non-US stocks listed on the NYSE. Additionally, the study aims to…

Abstract

Purpose

This study aims to investigate the relationship among liquidity, information asymmetry and political risk for non-US stocks listed on the NYSE. Additionally, the study aims to explore the impact of political tension on market quality.

Design/methodology/approach

This research adopts a quantitative methodology to examine the interplay between liquidity, information asymmetry and political risk in non-US stocks on the NYSE. A comprehensive analysis encompasses stocks from countries with varying political risk levels, demonstrating a correlation between lower political risk and improved market quality. In assessing the impact of US–China trade conflicts on Chinese stocks, political shocks are scrutinized. Results indicate that heightened political tension exacerbates information asymmetry and diminishes market liquidity, underscoring the susceptibility of stocks in politically strained environments to adverse shocks.

Findings

Non-US stocks from countries with lower political risk show higher liquidity and market efficiency, with narrower bid-ask spreads and smaller price impacts of trades. These stocks also demonstrate a higher market quality index, indicating improved overall market performance. In addition, during periods of escalated US –China political tension over trade policy, the liquidity of non-US stocks from China worsens, leading to wider bid-ask spreads and increased information asymmetry.

Originality/value

This study provides novel insights into the impact of political risk on stock market dynamics for non-US stocks listed on the NYSE, with a particular emphasis on the US –China trade conflict's effect on Chinese stocks.

Details

International Journal of Managerial Finance, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1743-9132

Keywords

Open Access
Article
Publication date: 22 August 2024

Adela Cornelia Fedora, Felizia Arni Rudiawarni, Dedhy Sulistiawan and Abdurrahman Gümrah

The purpose of this study is to investigate the connection between earnings management, business strategy, and market competition.

Abstract

Purpose

The purpose of this study is to investigate the connection between earnings management, business strategy, and market competition.

Design/methodology/approach

The study utilizes data from non-financial companies listed on the Indonesia and South Korea Stock Exchange between 2017 and 2021, involving 2,598 firms from Indonesia and 3,256 firms from South Korea. We use data panel analysis to explore the relationships between variables.

Findings

Firms using cost leadership are prone to earnings management, while differentiation strategies are less inclined to do so. Market competition negatively correlates with earnings management in Indonesia and South Korea. Market competition moderates the relationship between differentiation strategy and earnings management in both countries. When profitability is considered, the results remain consistent, particularly in Indonesia.

Research limitations/implications

This research enriches previous studies on earnings management and business strategy by examining the extent of industry competitiveness in developed and developing markets.

Practical implications

This finding is significant for managers, guiding them in the selection of an appropriate business strategy within a competitive environment.

Originality/value

This study is unique in that it examines the subject matter in both developed and developing countries, specifically Indonesia and South Korea, to compare the differences.

Details

Asian Journal of Accounting Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2459-9700

Keywords

Article
Publication date: 3 July 2023

Nathalia Suchek, João J.M. Ferreira and Paula O. Fernandes

Drawing on the resource-based view (RBV), this paper aims to analyse the relevance of Industry 4.0 (I4.0) technologies and participation in global value chains (GVC) and the…

Abstract

Purpose

Drawing on the resource-based view (RBV), this paper aims to analyse the relevance of Industry 4.0 (I4.0) technologies and participation in global value chains (GVC) and the effects of the complementarity between both in the adoption of circular economy (CE) actions by small and medium-sized enterprises (SME).

Design/methodology/approach

This paper analysed a large-scale international sample by employing logistic and linear regression models to test the research hypotheses on the effects of I4.0 technologies, GVC participation, and the interaction on CE actions (recycling or reusing materials, reducing the consumption and impact of natural resources, saving energy and/or switching to sustainable energy sources, developing sustainable products or services).

Findings

The evidence suggests that I4.0 technologies already represent important resources for CE adoption and SME participating in GVC display a greater likelihood of adopting CE actions. From the perspective of resource complementarity, by interacting the two factors viewed as resources in this article, results may report that adopting I4.0 technologies and simultaneously participating in GVC may turn out detrimental to SME undertaking CE actions, specifically as regards recycling and reusing materials, saving energy or switching to sustainable energy sources and in cases of widely adopting CE practices.

Originality/value

The paper returns novel insights into the adoption of CE practices by presenting evidence that I4.0 technologies and participation in GVC may be successful means for SME seeking to implement CE actions but must be combined carefully. This paper also provides theoretical and practical implications for SME managers, firms participating in GVCs and policy makers, and shedding light on new research avenues.

Details

Management Decision, vol. 62 no. 9
Type: Research Article
ISSN: 0025-1747

Keywords

Open Access
Article
Publication date: 2 July 2024

Chiara Castelli, Nicola Comincioli, Chiara Ferrante and Nicola Pontarollo

The aim of this study is to investigate the contribution of tangible and intangible investments in driving labour productivity growth in the European Union over the period…

Abstract

Purpose

The aim of this study is to investigate the contribution of tangible and intangible investments in driving labour productivity growth in the European Union over the period 2000–2017 and their role in the short and medium run. Additionally, heterogeneity across countries is accounted for by performing estimates separately for Eastern and Western European countries.

Design/methodology/approach

The methodology used to conduct the analysis of the determinants of productivity is the two-way fixed-effect and the system generalised method of moments. We also include country-specific dummies in place of our variable on national innovative capacity as a means to further reduce the number of instruments.

Findings

The results reveal a long-term relationship of investment in intangible assets with labour productivity growth, more specifically of investment in R&D. This relationship holds both when considering the whole set of European countries and for Western European countries, demonstrating that R&D is key to enhancing labour productivity growth. On the contrary, the effect for Eastern countries is negative, probably due to the lack of capacity to turn this investment into an efficient and effective way to foster productivity.

Originality/value

Besides confirming the well-known role of tangible and intangible assets in productivity, the heterogeneity shown in our analysis highlights the need for improving capabilities in Eastern countries. Diversifying the decisions on the investments in European countries, depending on the specific needs and their heterogeneity, could help bridge the productivity gap and enhance specific capabilities of the country systems.

Details

Journal of Economic Studies, vol. 51 no. 9
Type: Research Article
ISSN: 0144-3585

Keywords

Book part
Publication date: 30 September 2024

Yuyuan Wu and Saloomeh Tabari

Background music is considered an intangible element but has a close attachment to emotional reaction and memory. Background music is constantly present in our everyday lives…

Abstract

Background music is considered an intangible element but has a close attachment to emotional reaction and memory. Background music is constantly present in our everyday lives, whether for distraction, recreation or mood enhancement. It can be heard in the supermarket, in lifts, cafés or hotels. Music has been identified as important in the construction of autobiographical memories and emotions of individuals. Many premises use music to enhance customers' emotions, and hoteliers try to use music in their lobby to increase the likelihood of customer experience. The purpose of this chapter is to examine the impact of background music as an intangible element in hotel lobbies on customer satisfaction. More specifically, this study aims to draw a connection between the musical variables (musicscape) in hotel lobbies with regard to the gender and age of guests and how hotel businesses can make use of this intangible element to enhance their guest's satisfaction. Sound marketing is an overlooked area in hospitality and tourism research. A mixed-method approach has been employed in this study, including a questionnaire and online interviews. The result shows that background music in hotel lobbies has a significant impact on customer satisfaction and the time they are willing to spend in the lobby. Moreover, different musical variables have obvious influences on the experience of guests of different ages and genders. The results of this study provide theoretical and managerial recommendations on the importance of sound marketing in a hotel lobby setting.

Details

Marketing and Design in the Service Sector
Type: Book
ISBN: 978-1-83797-276-0

Keywords

Article
Publication date: 20 September 2024

João Henrique Lopes Guerra, Fernando Bernardi de Souza, Silvio R. I. Pires, Manoel Henrique Salgado and Anderson Luiz Ribeiro de Sá

The study analysed the aerospace industry, a traditionally important sector for the topic of risk management, from three complementary perspectives: the supply chain risks present…

Abstract

Purpose

The study analysed the aerospace industry, a traditionally important sector for the topic of risk management, from three complementary perspectives: the supply chain risks present in the sector, the mitigation strategies adopted to face them, and the characteristics (dimensions) observed in the SCRM process of aerospace companies.

Design/methodology/approach

The research employed a quali–quantitative method: a survey was carried out, followed by interviews with professionals from companies belonging to different tiers of aerospace supply chains. Interviews helped to interpret the survey data and understand in more detail risk management in aerospace companies.

Findings

The study presents a panorama of the aerospace industry in terms of risk management. The sector’s turbulent environment is described as well as the strategies to prevent, minimise or postpone the impact of supply chain risks. In particular, ten dimensions that have been identified in the SCRM process of aerospace firms are discussed. These characteristics influence the objectives of this process and are related to resources, roles and responsibilities, incentives, development of competences and skills, scope (internal and external) and approaches to integrate decisions and actions in the context of the supply chain.

Originality/value

Articles that address the SCRM process usually focus on the process steps, whereas this study investigated dimensions that transcend these steps but whose discussion in the literature is still fragmented. It also analysed a reference sector for the topic from a broader perspective than others available in the literature (supply chain risks, mitigation strategies and characteristics of the SCRM process). Supply chain members with relationships with each other were investigated, a desirable approach for SCRM but still under-explored. The study also answers calls for industry-specific studies and research on emerging countries.

Details

Benchmarking: An International Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1463-5771

Keywords

Article
Publication date: 18 September 2024

Balraj Verma, Mandeep Bhardwaj, Sugandh Arora and Sumit Oberoi

The present study reviews the theoretical and empirical literature about the significance of international migrants' remittance to empirically analyse the effect of remittance on…

Abstract

Purpose

The present study reviews the theoretical and empirical literature about the significance of international migrants' remittance to empirically analyse the effect of remittance on the productivity growth of developing countries using a panel dataset from 1991 to 2021.

Design/methodology/approach

The study utilised the data envelopment analysis (DEA)-based Malmquist Productivity Index (MPI) to measure nationwide production efficiencies. It first performed a unit root test, cointegration test and pool mean group autoregressive distributed lag (PMG-ARDL) technique. To assess the robustness of the findings, the study also uses dynamic ordinary least squares (DOLS) and fully modified OLS (FMOLS) estimators.

Findings

The results demonstrated that remittances are a significant source of funding that promotes innovation [i.e. technological progress (TEC)] and hastens the country's total factor productivity (TFP) growth. However, the study needed to have established the effect of inward remittances on the nation's technical efficiency (EFF).

Research limitations/implications

As remittances encourage innovation and TFP growth (TFPG), the concerned governments must create favourable and enabling economic environments to increase remittance inflows, which will have far-reaching growth repercussions.

Originality/value

The present study emphasises the connection between remittances and productivity growth, the disintegration of TFP, advanced econometric techniques and contribution to research policy. Despite prior literature exploring the effect of remittances on economic growth, a dearth of literature exists on how remittances affect a country's productivity. The output-based MPI methodology used in this study offered a nuanced understanding of how remittances affect many facets of productivity growth in developing nations.

Details

International Journal of Productivity and Performance Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1741-0401

Keywords

Article
Publication date: 17 September 2024

Avi Karan, Jyoti Verma and Rajeev Verma

Start-ups require a competitive advantage to integrate sustainable practices and develop organizational capabilities to thrive in dynamic business environments. However…

Abstract

Purpose

Start-ups require a competitive advantage to integrate sustainable practices and develop organizational capabilities to thrive in dynamic business environments. However, implementation of these practices presents several ethical challenges. This study aims to quantify the influence of organizational capabilities (information technology capabilities and organizational virtues) on start-ups' competitive advantage and readiness to implement environmental, social and governance practices.

Design/methodology/approach

This study employed a survey design, and data were collected from 320 start-up founders and/or managers in India. The data were analyzed using Smart PLS 4.0.

Findings

The findings suggest that organizational capabilities, including information technology capabilities and organizational virtues, play an important role in enhancing start-ups' competitive advantage and readiness to implement sustainable practices. Dynamic capability mediates these relationships, while entrepreneurial orientation moderates the relationship between organizational virtues and dynamic capability.

Practical implications

This study has significant implications for organizations implementing sustainable business practices through the development and nurturance of organizational virtues and information technology capabilities. The study is also useful for leaders, managers and entrepreneurs in training and development, managing tradeoffs and maintaining important organizational capabilities to establish a balance between people’s concerns, the environment and profits.

Originality/value

Few studies have examined the role of organizational capabilities, sustainable business practices and competitive advantage in the context of start-ups. This study contributes to the literature on sustainable entrepreneurship and organizational capabilities.

Details

Journal of Indian Business Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1755-4195

Keywords

Open Access
Article
Publication date: 14 August 2024

Gabi Kaffka and Norris Krueger

Focused feedback, such as mentoring and coaching, is a crucial ingredient for generating the intellectual capital needed for successful venture creation and has become a…

Abstract

Purpose

Focused feedback, such as mentoring and coaching, is a crucial ingredient for generating the intellectual capital needed for successful venture creation and has become a structural resource offered to entrepreneurs in business incubator/accelerator programs. Yet so far, literature has remained silent on the way that entrepreneurs differ in their engagement with focused feedback in such programs. This study poses the question of how focused feedback engagement shapes cognitive development during value creation (i.e. business opportunity development), aimed at the construction of a taxonomy of such feedback engagement.

Design/methodology/approach

Focusing on cognitive learning outcomes, we carried out a qualitative analysis using NVivo to perform content analysis on the logbooks of 70 entrepreneurs engaged in business opportunity development in a highly regarded accelerator program.

Findings

Results show that engagement with focused feedback and its effects relate to the state of tangibility of the entrepreneur’s value offer and to the amount of prior entrepreneurial experience. We also develop a promising taxonomy to classify entrepreneurs on their learning needs and outcomes (e.g. procedural versus declarative knowledge).

Originality/value

This study brings together types of human learning (types of knowledge acquired) with types of focused feedback. This connection has been speculated to exist in entrepreneurial settings; this study provides strong initial evidence that argues for more explicit consideration in practice. Adding the intellectual capital perspective further enabled this study to better address implications for practice as well as motivate powerful new directions for research.

Details

Journal of Intellectual Capital, vol. 25 no. 7
Type: Research Article
ISSN: 1469-1930

Keywords

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