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Article
Publication date: 18 April 2023

Jasper Grashuis

This study analyzes the long-term effect of merger and acquisition (M&A) activity on the profitability, efficiency and liquidity of the largest 500 farmer cooperatives in the…

Abstract

Purpose

This study analyzes the long-term effect of merger and acquisition (M&A) activity on the profitability, efficiency and liquidity of the largest 500 farmer cooperatives in the United States.

Design/methodology/approach

Secondary data from the U.S. Department of Agriculture are complemented with primary data collected from print media publications about M&A activity by US farmer cooperatives. The analysis is based on group comparisons of means and distributions to study the effect of M&A activity on financial performance.

Findings

Farmer cooperatives with M&A activity generally have lower profitability, efficiency and liquidity than farmer cooperatives without M&A activity, both at the time of the merger or acquisition as well as afterward. Marketing cooperatives in particular perform worse following M&As. Also, the post-merger performance of farmer cooperatives with M&A activity is not affected by the profitability, efficiency or liquidity of the target.

Originality/value

Research on the post-merger performance of farmer cooperatives is both scarce and dated. This study analyzes the effect of M&A activity for a relatively large sample and a relatively long time period (2005–2020).

Details

Agricultural Finance Review, vol. 83 no. 3
Type: Research Article
ISSN: 0002-1466

Keywords

Article
Publication date: 7 June 2022

Dawod Abdie Indris

Housing transformation is not part of the Ethiopian urban housing policy, but it is a reality for city dwellers. The objective of this study was to find out what, why, and how…

Abstract

Purpose

Housing transformation is not part of the Ethiopian urban housing policy, but it is a reality for city dwellers. The objective of this study was to find out what, why, and how aided self-help residents transformed their core house in Bahir Dar city. The focus was specifically on the transformations that resulted in changes to the floor area.

Design/methodology/approach

The case study research design is ideal for empirically examining socio-physical dynamics. The study employed three aided self-help housing cooperatives as case studies in Bahir Dar city. Information was gathered from cooperative members, committees, relevant government bodies, and the physical environment through field observations, interviews, photographic surveys, and questionnaires.

Findings

The findings showed three types of housing transformations that resulted in a change in floor area and are influenced by the building features of the original core house, motivation, and participation of residents. As a result of the housing transformation, residents became housing producers and suppliers, and their neighbourhood changed into a more socially and functionally diversified settlement.

Research limitations/implications

The findings of this study have practical implications for policy makers to institute mechanisms that help planners and architects in preparing plots of land for residential use and in designing housing typologies. The findings will have an impact on the housing policy of Ethiopia.

Practical implications

The findings of this study will impact planners and architects when it comes to preparing plots for residential land use and designing housing typologies. In addition, the finding will have an impact on housing policy of Ethiopia.

Originality/value

The study of the resident’s housing transformation that brought floor area change provides further insights on the consideration of housing transformation as a housing production and supply strategy.

Details

Open House International, vol. 48 no. 2
Type: Research Article
ISSN: 0168-2601

Keywords

Article
Publication date: 12 August 2022

Bahar Ferah, Ayse Gul Gemci and Omar Algburi

This paper's main objective emphasizes the importance of waterfront design in coastal cities. It reveals that a location is associated with the activities it hosts to become…

Abstract

Purpose

This paper's main objective emphasizes the importance of waterfront design in coastal cities. It reveals that a location is associated with the activities it hosts to become attractive for people or, in other words, to be a destination. In this respect, it proposes students' concept projects for the selected waterfront field study in Istanbul.

Design/methodology/approach

This study's conceptual framework is designed according to the qualities compiled from the place-diagram and the power of 10+ (plus) concepts of the PPS (project for public spaces). Accordingly, a fieldwork study based on the qualitative and quantitative research method was conducted as fieldwork in the Istanbul Sarayburnu waterfront, where historical and touristic sight-seeings of the Golden Horn meet with the Bosphorus coastal line. In addition to photo-video recordings, survey questions were also prepared during the field study.

Findings

Survey questions inquiries multi questions searching for the place-diagram qualities provide suggestions of 90 people who responded in situ. Results of the case study highlight six alternative proposal projects for the fieldwork prepared based on the power of 10+ concept by the third grade students of the School of Architecture of Istanbul Sabahattin Zaim University (IZU). Based on the survey questions and literature review findings, 10 sub-spatial qualities of waterfronts were disaggregated at the end of the study.

Research limitations/implications

The power of 10+ concept in the study provides a gauge for architects and urban planners; it gives them an excellent tool for assessing the quality of public spaces for placemaking in waterfronts.

Originality/value

Previous studies have generally been based on the PPS's place-diagram qualities with little mention of the interaction with the power of 10+ concept in placemaking. The proposed sub-qualities in the paper's conclusion contribute to architects and urban planners considering a model approach derived from those PPS concepts.

Article
Publication date: 20 May 2022

Sayed Arash Hosseini Sabzevari, Zoheir Mottaki, Atoosa Hassani, Somayeh Zandiyeh and Fereshteh Aslani

Finding an appropriate place for temporary housing after an earthquake is one of the main challenges of disaster risk management, especially in developing countries. Therefore, it…

Abstract

Purpose

Finding an appropriate place for temporary housing after an earthquake is one of the main challenges of disaster risk management, especially in developing countries. Therefore, it is necessary to create pre-disaster location plans for the homeless population. This study aims to systematically find safe places and select suitable sites according to influential factors.

Design/methodology/approach

The research methodology used is a descriptive–analytical method. A field survey with a quantitative–qualitative approach is applied to recognize physical vulnerabilities and select suitable sites for temporary settlements. Due to the occurrence of several earthquakes in recent decades around the city of Isfahan, Iran, this area has been studied. Fuzzy analytic hierarchy process, geographic information system and rapid visual screening have been used for data analysis.

Findings

According to the site selection and vulnerability criteria and their prioritization, the findings indicate that 60% of the study area is vulnerable. Moreover, vacant lots, stadiums and public green spaces that can be used as multi-purpose sites are the most appropriate options for the temporary settlement.

Practical implications

The research criteria are generalizable and can be used for decision-making, concerning urban fabric vulnerability and site selection of temporary housing in cities exposed to earthquake risk.

Originality/value

Cultural features, accessibility, land conditions, the slope and type of land, availability and construction materials were addressed in locating temporary settlements. In addition to vacant lots and open spaces, safe buildings were also identified for temporary housing, and religious minorities and similar communities were considered.

Details

International Journal of Disaster Resilience in the Built Environment, vol. 14 no. 5
Type: Research Article
ISSN: 1759-5908

Keywords

Article
Publication date: 16 August 2022

Zhijiang Wu and Guofeng Ma

The purpose of this study is to automatically generate a construction schedule by extracting data from the BIM (Building Information Modeling) model and combining an ontology…

Abstract

Purpose

The purpose of this study is to automatically generate a construction schedule by extracting data from the BIM (Building Information Modeling) model and combining an ontology constraint rule and a genetic algorithm (GA).

Design/methodology/approach

This study developed a feasible multi-phase framework to generate the construction schedule automatically through extracting information from the BIM, utilizing the ontology constraint rule to demonstrate the relationships between all the components and finally using the GA to generate the construction schedule.

Findings

To present the functionality of the framework, a prototype case is adopted to show the whole procedure, and the results show that the scheme designed in this study can quickly generate the schedule and ensure that it can satisfy the requirements of logical constraints and time parameter constraints.

Practical implications

A proper utilization of conceptual framework can contribute to the automatic generation of construction schedules and significantly reduce manual errors in the Architectural, Engineering, and Construction (AEC) industry. Moreover, a scheme of BIM-based ontology and GA for construction schedule generation may reduce additional manual work and improve schedule management performance.

Social implications

The hybrid approach combines the ontology constraint rule and GA proposed in this study, and it is an effective attempt to generate the construction schedule, which provides a direct indicator for the schedule control of the project.

Originality/value

In this study, the data application process of the BIM model is divided into four modules: extraction, processing, optimization, and output. The key technologies including secondary development, ontology theory, and GA are introduced to develop a multi-phase framework for the automatic generation of the construction schedule and to realize the schedule prediction under logical constraints and duration interference.

Details

Engineering, Construction and Architectural Management, vol. 30 no. 10
Type: Research Article
ISSN: 0969-9988

Keywords

Open Access
Article
Publication date: 11 April 2023

Henrik Saabye, Daryl John Powell and Paul Coughlan

Being acquainted with both lean and action learning in theory and in practice, this study finds that the theoretical complementarity of these two research streams has…

1971

Abstract

Purpose

Being acquainted with both lean and action learning in theory and in practice, this study finds that the theoretical complementarity of these two research streams has traditionally been underexploited. In this conceptual paper, this study aims to advance the theoretical understanding of lean by exploring the complementarity of lean thinking and action learning leading to a proposed integrated theory of these two research streams. Target audience is the operations management research community.

Design/methodology/approach

By deliberately adopting a process of theorising, this paper explores, reflects upon and combines individual experiences of researching, teaching and engaging in lean and action learning as operations management scholars.

Findings

Having taken a gemba walk through the literature and practices of lean and action learning, this study views and notices a systematic and complementary relationship between the two domains. The overlapping theoretical and practical complementarities of lean and action learning suggest that these two research streams are ripe for synthesis into an integrated theory. This finding provides an opportunity to (1) progress towards an integrative design of interventions leading to more sustainable lean system adoptions and (2) add new depth to our theoretical explanation of the success and failures of lean system adoptions.

Originality/value

This paper contributes an original integrated theory perspective on lean and action learning.

Details

International Journal of Operations & Production Management, vol. 43 no. 13
Type: Research Article
ISSN: 0144-3577

Keywords

Article
Publication date: 17 November 2023

Piotr Popęda and Bartłomiej Hadasik

The paper's primary purpose is to define and characterize the innovative concept in public management theory, New Public Governance (NPG), from its theoretical framework and the…

Abstract

Purpose

The paper's primary purpose is to define and characterize the innovative concept in public management theory, New Public Governance (NPG), from its theoretical framework and the view of public management institutions. The second objective is to create a logical framework to explain this notion. The broader role of this paper is to expand the understanding of this contemporary public management trend.

Design/methodology/approach

The methodological approach of the authors' research is based on a deep understanding of theoretical sources, particularly the scientific precursors in the literature surrounding the NPG theory. The authors used the following methods to achieve the paper's goals: critical thematic literature review and synthetic comparative analysis.

Findings

In regards to scientific analysis, the goals of NPG were achieved, considering that its concept and main characteristics were displayed in definitional terms as a trend in public management, emphasizing institutional cooperation and co-production, having strengths in social inclusion and weaknesses in the lack of participatory experience of the actors. Additionally, the authors created the original 6-CO coherent conceptual framework describing the flows in the NPG operation based on theoretical foundations. The analysis of theoretical sources not only allowed the collection of common and disconnected features of the reasoning behind the definition and depth of the NPG but also insufficient development of the theory in existing sources.

Originality/value

The paper demonstrates critical new scholarship surrounding the NPG theory because it (1) applies one of the latest trends in public management, (2) juxtaposes various academics' understanding of the concept and, most importantly, (3) advances the theory of NPG with the original 6-CO coherent conceptual framework as a practical implication of the theory originator.

Details

Journal of Entrepreneurship and Public Policy, vol. 13 no. 1
Type: Research Article
ISSN: 2045-2101

Keywords

Article
Publication date: 9 April 2024

Jasper Grashuis and Keri Jacobs

The objective of the study is to explore explanations for the capital structure compositions of farmer cooperatives, which have a unique equity structure with allocated equity as…

Abstract

Purpose

The objective of the study is to explore explanations for the capital structure compositions of farmer cooperatives, which have a unique equity structure with allocated equity as well as unallocated equity.

Design/methodology/approach

Data came from a panel of US grain marketing and input supply cooperatives for the 2010–2020 period. The study is concerned with the proportions of debt, allocated equity and unallocated equity, which requires the application of a fractional multinomial panel model to ensure predictions fall within the observed data range (i.e. 0–1).

Findings

Larger cooperatives have relatively high debt proportions. Diversification of the product portfolio has a positive effect on the debt proportion. Profitability is associated with higher debt proportions in input supply cooperatives and higher allocated equity proportions in grain marketing cooperatives. Over time, the proportion of unallocated equity increased. Overall, some results differ across grain marketing and input supply cooperatives.

Practical implications

Increasing proportions of unallocated equity warrant a debate about the future value of ownership and governance by members of farmer cooperatives.

Originality/value

Previous empirical investigations of the capital structure compositions of cooperatives lacked a distinction between allocated and unallocated equity. Our results show that the proportions of the two equity accounts respond differently to given predictors. Furthermore, much of the prior empirical literature fails to separate cooperatives on the basis of economic activities (i.e. marketing, supply and mixed).

Details

Agricultural Finance Review, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0002-1466

Keywords

Article
Publication date: 2 January 2023

Raffaele Silvestri, Domenico Morrone, Pasquale Del Vecchio and Gioconda Mele

The paper provides a contribution of systematisation to the literature on the blue economy and aquaculture as challenging issues for achieving sustainable growth and a circular…

Abstract

Purpose

The paper provides a contribution of systematisation to the literature on the blue economy and aquaculture as challenging issues for achieving sustainable growth and a circular economy. The growing scientific interest in recent years and the increased attention in political agendas make the blue economy and aquaculture as promising fields for scientific investigation. The latter has been confirmed during a particular period too as the pandemic times. To identify those areas of specialisation emerging from the intersection of such topics, the paper embraces a systematic literature review for inspiring future research.

Design/methodology/approach

The study covers a period of 20 years by including 85 papers extracted from the Scopus database. Through the adoption of VOSviewer, the investigation explores the main descriptive statistics, while content analysis has been embraced to identify thematic areas.

Findings

The main results of this study are about statistics (i.e. publication trends, geographic distribution, most frequent keywords and most influential authors, etc.). Three main thematic areas have been identified in this study: SDGs and policies for sustainable development, food and energy, business models and managerial issues.

Practical implications

Practical implications arise both for firms and policymakers. About the firsts, interesting insights can be derived in terms of business model innovation, collaborative approaches and technological exploration. About policymakers, inspiration in terms of renewal of strategic guidelines, creation of enabling contextual conditions and evidences for new regulations can be noted.

Originality/value

Elements of original contributions can be identified in the adoption of an SLR to verify the advancement of the debate till the recent pandemic.

Details

British Food Journal, vol. 126 no. 1
Type: Research Article
ISSN: 0007-070X

Keywords

Book part
Publication date: 5 October 2023

Romeo V. Turcan

This chapter employs analytic autoethnography to explore and reflect on the author's quest for meaning and whether this redefines or undermines the concept of authenticity as…

Abstract

This chapter employs analytic autoethnography to explore and reflect on the author's quest for meaning and whether this redefines or undermines the concept of authenticity as interpreted by the primary advocates of authentic leadership. The data start from author's studies in the Air Force Engineering Military Academy. Turcan develops the typology of search for meaning and its four types: dreamlanding; self-actualising; missing out; and self-transcending. The meaning of life is conspicuously absent from the authentic leadership literature and yet if a leader does not address it how can they function effectively as a leader? This typology may guide future research at this intersection.

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