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1 – 10 of 676The importance of purchasing and supply management (PSM) for business performance has received considerable attention in recent years. However, research on PSM training and…
Abstract
Purpose
The importance of purchasing and supply management (PSM) for business performance has received considerable attention in recent years. However, research on PSM training and education is inadequate. This paper aims to present initial findings from PSM practitioners about current PSM training and education needs in Hong Kong.
Design/methodology/approach
An industrial survey of PSM participants was conducted. Of the 405 PSM practitioners contacted, 53 responded to the survey, for a response rate of 13.1 percent.
Findings
The study identifies current trends, skills and knowledge areas for PSM professionals. The results show that the trends of PSM focus on purchasing cost reduction, the skills focus on negotiation and communication, and the knowledge on supply analysis and relationship management. The study also finds that companies tend to adopt on‐the‐job training for PSM staff but lack a systematic PSM training approach.
Research limitations/implications
The study suggests that human resource development for PSM staff must focus not only on tactical techniques, but also on managerial knowledge and skills. However, the sampled companies are weak at providing PSM training and measuring its results. As this study is limited by the small sample size and the nature of the surveyed region, more empirical research will be required to study the effectiveness of PSM training on business performance.
Practical implications
This study shows that companies are weak at staff training in the studied region. Most of the companies surveyed do not have formal training programs and training effectiveness measurements. Knowledge of this is essential for other similar organizations wanting to improve their PSM personnel.
Originality/value
This paper identifies current trends, skills and knowledge required for PSM in Hong Kong, which have not previously been reported in literature.
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Young Jong Kim and Eun Sil Kim
The purpose of this paper is to investigate the interrelationship between public service motivation (PSM) and corruption theory. This paper further explores the possibility of…
Abstract
Purpose
The purpose of this paper is to investigate the interrelationship between public service motivation (PSM) and corruption theory. This paper further explores the possibility of integrating two theories in order to prevent corruption.
Design/methodology/approach
Existing theories on PSM and corruption were briefly reviewed in finding the connection between the two theories. The discussions primarily focus on finding the theoretical and empirical interrelationship between PSM theories and corruption theories.
Findings
This paper suggests applying PSM theories in preventing corruption by adding ethical dimension of PSM to corruption theories. In other words, the PSM constructs can be incorporated in developing an anti-corruption strategy. In the context of public administration, the authors find the importance of PSM theory in developing an effective anti-corruption strategy.
Practical implications
Public officials should be encouraged to possess strong ethical standards in public service; highly motivated candidates for public service positions should be sought in order to create a clean and reliable government; and PSM educational programs in the early stages of schooling should be adopted to stimulate ethics for young children.
Originality/value
This study adds contributions to the understanding of theoretical relationship between PSM and corruption theory. The authors suggest that integrating PSM and corruption theory can be beneficial in building new paradigms to prevent corruption in a country such as Korea.
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Ismaanzira Ismail, Rohami Shafie and Ku Nor Izah Ku Ismail
This paper aims to examine whether conditional conservatism is affected by chief financial officer (CFO) attributes as this issue is understudied in Malaysia. Given that CFOs have…
Abstract
Purpose
This paper aims to examine whether conditional conservatism is affected by chief financial officer (CFO) attributes as this issue is understudied in Malaysia. Given that CFOs have a direct responsibility for financial reporting, therefore, their individual attributes are important in influencing conservatism in financial reporting.
Design/methodology/approach
This study uses non-financial listed firms in the Main Market of Bursa Malaysia from the years 2016 until 2019.
Findings
The results show that CFOs’ attributes, namely, gender, age, education level and ethnicity, affect earnings conservatism. To test for robustness, the authors use difference-in-difference, propensity score-matching and unconditional conservatism, namely, market-to-book ratio and the authors find the results hold with an exception for age and education level. Further, the effect of these attributes is more profound in non-Big4 audited firms, suggesting that CFO attributes act as a substitute mechanism for lower audit quality.
Originality/value
This study complements existing studies by documenting the first evidence on the significant effects of CFOs’ attributes in influencing accounting conservatism in an emerging country, namely, Malaysia. This is the first paper, to the humble knowledge, that examines CFOs’ attributes on accounting conservatism in Malaysia.
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Heike Schulze, Lydia Bals and Thomas E. Johnsen
Implementing sustainability into global supply networks remains a challenge for companies. Purchasing and supply management (PSM) interacts closely with supply network actors…
Abstract
Purpose
Implementing sustainability into global supply networks remains a challenge for companies. Purchasing and supply management (PSM) interacts closely with supply network actors, thus influencing how the firm’s value creation is delivered. While previous sustainable PSM (SPSM) research has shed light on how to manage sustainability on an organizational level, the individual competences PSM professionals require are less understood. The paper aims to discuss this issue.
Design/methodology/approach
The authors conducted a systematic literature review to determine the current research coverage of specific competences and knowledge required to implement sustainability. The authors complemented this with data from 46 interviews with practitioners. From coding the data with NVivo, a first comprehensive competence overview for SPSM was developed.
Findings
The literature review results, complemented with interview data, highlight that functional-oriented, cognition-oriented, social-oriented and meta-oriented competences form part of a comprehensive SPSM competence model. We propose a framework that includes these, and integrates two behavioral moderators on the organizational level, i.e. situational enabling, as well as empowerment and obligation.
Research limitations/implications
While the proposed framework provides a basic first systematization of SPSM competences, further research is needed to extend it. There is ample opportunity to shed further light on both individual and organizational-level factors that influence the application of SPSM competences, and therefore SPSM behavior.
Practical implications
The results have implications for higher education and professional training programs in companies. The framework provides an overview of competences needed for SPSM. The discussion highlights the need to apply education and training methods for different types of competences that are suitable for conveying implicit knowledge apart from explicit knowledge.
Originality/value
Adressing a current research gap in sustainability-related competences in PSM, the overall framework highlights SPSM competences of interest to both scholars and managers alike.
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Hassan Danaeefard, Abdolali Ahmadzahi Torshab, Masoumeh Mostafazadeh, Jalil Delkhah and Fahimeh Imanikhah
The purpose of this study is to investigate the effect of organizational goal ambiguity (OGA) on public service motivation (PSM) considering the mediating role of job satisfaction…
Abstract
Purpose
The purpose of this study is to investigate the effect of organizational goal ambiguity (OGA) on public service motivation (PSM) considering the mediating role of job satisfaction (JS), performance appraisal (PA) and perceived organizational fairness (POF) in the Iranian public sector. This research also seeks to answer this question: to what extent PSM confirmed in Western countries is generalizable to the Iranian public sector?
Design/methodology/approach
A survey of 779 employees working in 16 ministries of Iran was administered. Confirmatory factor analysis (CFA) and hierarchical regression were applied to test the model and the mediators.
Findings
The results indicate that OGA negatively affects PSM, and this relationship is mediated by JS, PA and POF. Furthermore, the research findings have varied across ministries, contract type, positions and gender. Most importantly, the generalizability of the PSM construct is limited in the public sector of Iran since two of four dimensions of PSM were confirmed, that is, an attraction to public service and self-sacrifice (compassion).
Practical implications
This paper provides managers and decision makers with a clear understanding of the effects of context (including goal ambiguity, the importance of employee's attitudes and HR systems in shaping unique intrinsic motivation for public organizations) on employee's PSM. Also, these findings show how they can manage and motivate employees to engage in PSM. By clarifying organizational goals or making an association between job tasks and higher-level goals, practitioners can stimulate PSM at work.
Originality/value
This paper advances a new and further understanding of antecedent and mediators of PSM in Iran. Also, it provides an explanation of its generalizability and the role of organizational climate in fostering it.
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Reetta Oksa, Henri Pirkkalainen, Markus Salo, Nina Savela and Atte Oksanen
Social media platforms are increasingly used at work to facilitate work-related activities and can either challenge or make people feel more productive at jobs. This study drew…
Abstract
Purpose
Social media platforms are increasingly used at work to facilitate work-related activities and can either challenge or make people feel more productive at jobs. This study drew from technostress and employee well-being literature and analyzed longitudinal effects of professional social media (PSM) invasion, work engagement and work exhaustion on PSM-enabled productivity.
Design/methodology/approach
Nationally representative five-wave survey data of Finnish employees were analyzed with hybrid multilevel linear regression analysis. Outcome measure was PSM-enabled productivity and the predictors included PSM invasion, work exhaustion and work engagement. Age, gender, education, occupational sector, managerial position, remote work and personality traits were used as control variables.
Findings
PSM invasion and work engagement had both within-person and between-person effects on PSM-enabled productivity. Higher educated and individuals with open personality reported higher PSM-enabled productivity. No association between work exhaustion and PSM-enabled productivity was found.
Originality/value
The findings are central considering the increasing use of social media and other technologies for work purposes. The authors challenge the dominant view in the literature that has often seen PSM invasion as a negative factor. Instead, PSM invasion's positive association with PSM-enabled productivity and the association of work engagement and PSM-enabled productivity should be recognized in work life.
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Franklin N. Mabe, Dominic Tasila Konja, Maame Dokua D. Addo and Joseph A. Awuni
This study seeks to identify locational and gendered determinants of inclusion of households in Livelihood Empowerment Against Poverty (LEAP) and estimate the respective impacts…
Abstract
Purpose
This study seeks to identify locational and gendered determinants of inclusion of households in Livelihood Empowerment Against Poverty (LEAP) and estimate the respective impacts of LEAP on children education enrolment of beneficiary households in Ghana.
Design/methodology/approach
The study used secondary data of the Ghana Living Standard Survey Round 7 and employed the propensity score matching (PSM) model for the analysis of the objectives.
Findings
The PSM results established that different factors determine the inclusion of households in LEAP in rural and urban areas. Similarly, different factors determine the inclusion of male-headed and female-headed households in the programme. The impact of LEAP on children education is higher in urban areas compared to rural areas. The impact of LEAP on children's education is 10.4% higher in urban areas than in rural areas. Lastly, female-headed households are better at using the cash received from LEAP to take care of their wards' education relative to male-headed households.
Practical implications
The study recommends that different selection criteria should be used in selecting male-headed and female-headed as well as urban and rural poor households for inclusion in the LEAP programme. Female-headed households should be prioritised for benefiting from LEAP. The social welfare department disbursing the LEAP funds in rural areas should intensify education on the need for LEAP beneficiary households to enrol their wards in schools.
Originality/value
In this paper, the authors demonstrate that household inclusiveness of LEAP is influenced by locational and gendered factors. Also, the impact of LEAP on children education enrolment is relatively higher in urban areas than rural areas. Lastly, female-headed households relatively educate their wards with LEAP benefits than male-headed households.
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Huanhuan ZHang and Xueping Xiong
Using survey data from Shandong, Henan and Guizhou provinces of China, the purpose of this paper is to accurately measure the impact of rural residents’ financial education on…
Abstract
Purpose
Using survey data from Shandong, Henan and Guizhou provinces of China, the purpose of this paper is to accurately measure the impact of rural residents’ financial education on financial literacy.
Design/methodology/approach
This paper chooses one province from the Eastern, Central and Western Regions of China, namely, Shandong, Henan and Guizhou, respectively, and 1,565 samples are obtained through a questionnaire survey. First, the paper constructs a financial literacy assessment framework and, then, scores the financial literacy of the respondents. Second, using ordinary least squares, feasible generalized least squares method and forward search method, the paper estimates the impact factors of financial literacy level. To avoid sample selection errors and endogeneity problems, the authors divide the respondents into treatment group (participated in financial education) and control group (non-participating in financial education) and, then, adopt propensity score matching (PSM) to analyze the impact of rural residents’ financial education on financial literacy.
Findings
The results show that education level and risk level have significant impact on rural residents’ participation in financial education, and some unobservable abilities and qualities also affect their participation. Therefore, the process of rural residents’ participation in financial education exists, which gives rise to self-selection and endogeneity problems; financial education is promoting rural residents’ financial literacy, but the effect of promotion becomes smaller after taking into account sample self-selection and endogenous problems. Rural residents of female, higher age, single, higher education level, higher parental education level, agricultural type, higher family annual per capita income and lower risk level show stronger effects on their financial literacy level, if they participate in financial education.
Research limitations/implications
The survey sample was drawn from three provinces randomly but the site selection was not random. The implication is in rural China, financial education has positive effect on residents’ financial literacy level but considering the sample self- selection and endogenous nature, its impact becomes smaller.
Practical implications
The government should encourage rural residents to participate fully in financial education activities, especially those with a low educational level, low risk preference and mainly engaged in agricultural production.
Originality/value
The effect of financial education on financial literacy has not reached a consistent conclusion, and there is fewer quantitative discussion about this issue. The originality of this paper is based on the Organization for Economic Co-operation and Development evaluation index system; this paper constructs the evaluation index system of rural residents’ financial literacy in China and uses the PSM method to accurately measure the effect of financial education on financial literacy.
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George A. Zsidisin, Jeffrey A. Ogden, Thomas E. Hendrick and Mark A. Clark
It is increasingly accepted that the chief purchasing officer (CPO), as the highest ranking member of the purchasing and supply management (PSM) function, is a resource that can…
Abstract
It is increasingly accepted that the chief purchasing officer (CPO), as the highest ranking member of the purchasing and supply management (PSM) function, is a resource that can add strategic value to the firm. Delineating the organizational and human capital factors that determine CPO compensation packages can help firms maintain their competitive advantage by attracting and retaining talent in this position. Although an extensive literature base examines executive compensation, such research at levels below the CEO is sparse. Based on the rich literature discussing executive compensation as well as a survey of Fortune 500 CPOs, examines the influence of organizational and human capital on CPO compensation from a resource‐based view of the firm. The organizational capital characteristics of annual sales, purchases as a percent of sales, and the number of reporting levels between the CPO and CEO were found to influence CPO compensation significantly. Somewhat surprisingly, CPO age was the only human capital factor of those tested (years in PSM, education level, CPM certifications) that significantly influenced compensation.
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This paper aims to test the impact of public service motivation (PSM) and love of money (LOM) on innovative work behavior (IWB) and the moderating role of love of money on the…
Abstract
Purpose
This paper aims to test the impact of public service motivation (PSM) and love of money (LOM) on innovative work behavior (IWB) and the moderating role of love of money on the relationship between PSM IWB in the public-sector environment.
Design/methodology/approach
A total of 400 sets of questionnaires were distributed to camat (district heads) and lurah (sub-district heads), civil servants in Yogyakarta municipality, Indonesia. The final sample selected for analysis was comprised of 241 paired data responses. Multiple hierarchical regression analysis was used to test the study's hypotheses.
Findings
This study found that PSM does not positively influence IWB, whereas LOM does. This study also confirmed the moderating role of LOM in the relationship between PSM and IWB.
Research limitations/implications
First, the sample size is limited to civil servants working at districts (kecamatan) and sub-districts (kelurahan) in Yogyakarta municipality. Such a limited amount of sample may have an impact on the findings. Second, causal inferences are difficult to achieve as this study employed cross-sectional data. Longitudinal studies should, thus, be considered for future studies. Third, most respondents are 46–50 years old.
Practical implications
Leaders in public organizations should consider the living conditions of their civil servants when drafting policies to encourage innovative behavior. Theoretically, intrinsic motivation is the dominant factor that encourages people to behave innovatively. This theory, however, may not be viable when applied in a condition where civil servants face a difficult life as a result of their relatively low level of salary. Under such conditions, monetary reward policy can subsequently be an alternative to encourage them to behave innovatively.
Social implications
Leaders should carefully pay attention to this policy and follow what Tang and Ciu (2003) and Frey and Jegen (2001) suggest. As an LOM attitude can lead to improper behaviors (Tang and Ciu, 2003), monetary rewards should be used as a support rather than as a control in reference to the civil servants. Moreover, leaders should consistently maintain the sustainability of their monetary policy to improve IWB. This is because they have changed their focus to monetary rewards rather than intrinsic motivation. When this policy is terminated, it may impact the diminishing IWB.
Originality/value
Scholars and practitioners agree that IWB can help public-sector organizations improve performance. While most existing research has been conducted in the context of the private sector, this study investigates IWB in the context of public sector organizations. Previous studies have also indicated that the battle between two approaches, utilitarianism and romanticism, continues. Therefore, this study is designed to enrich the debate about this struggle between the two approaches in order to uncover ideas that help explain IWB in a developing country.
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