Search results
1 – 10 of over 124000Abstract
Purpose
With the development of digitalization and interconnection, there is a growing need for enterprise customers to ensure the compatibility of the third-party components they are using in the manufacturing process, thus raising the integration requirements for the Industrial Internet platform and its third-party developers. Therefore, our study investigates the optimal integration decision of the Industrial Internet platform while considering its access price, the integration cost, and the net utility derived by enterprise customers from the third-party components.
Design/methodology/approach
We model a two-sided Industrial Internet platform that connects customers on the demand side to the developers on the supply side. We then explore the integration decision of the Industrial Internet platform and its important factors by solving the optimal profit function.
Findings
First, despite the high integration cost of third-party developers, the platform still chooses to integrate when enterprise customers derive high utility from the third-party components. Second, due to the compatibility effect, charging the enterprise customers a higher price may reduce the platform profits when these customers derive low utility from the third-party components. Third, the platform profits will increase along with the integration cost of third-party developers when it is low in the case where enterprise customers derive low utility from third-party components.
Originality/value
Our findings offer insightful takeaways for the Industrial Internet platform when making integration decisions.
Details
Keywords
Jie Wu, Nan Guo, Zhixin Chen and Xiang Ji
The purpose of this paper is to analyze manufacturers' production decisions and governments' low-carbon policies in the context of influencer spillover effects.
Abstract
Purpose
The purpose of this paper is to analyze manufacturers' production decisions and governments' low-carbon policies in the context of influencer spillover effects.
Design/methodology/approach
This paper investigates the impact of the social influencer spillover effect on manufacturers' production decisions when they collaborate with intermediary platforms to sell products through marketplace or reseller modes. Game theory and static numerical comparison are used to analyze our models.
Findings
Firstly, under low-carbon policies, the spillover effect does not always benefit manufacturer profits and changes non-monotonically with an increasing spillover effect. Secondly, in cases where there are both a carbon emission constraint and a spillover effect present, if either the manufacturer or intermediary platform holds a strong position, then marketplace mode benefits manufacturer profits. Thirdly, regardless of business mode used when environmental damage coefficient is high for products; government should implement cap-and-trade regulation to optimize social welfare while reducing manufacturers’ carbon emissions.
Practical implications
This study offers theoretical and practical research support to assist manufacturers in optimizing production decisions for compliance with carbon emission limits, enhancing profits through the development of effective influencer marketing strategies, and providing strategies to mitigate carbon emissions and enhance social welfare while sustaining manufacturing activities.
Originality/value
This paper addresses the limitations of prior research by examining how the social influencer spillover effect influences manufacturers' business mode choices under government low-carbon policies and analyzing the social welfare of different carbon emission restrictions when such spillovers occur. Our findings provide valuable insights for manufacturers in selecting optimal marketing strategies and business modes and decision-makers in implementing effective regulations.
Details
Keywords
Henrik Gislason, Jørgen Hvid, Steffen Gøth, Per Rønne-Nielsen and Christian Hallum
An increasing number of Danish municipalities wish to minimize tax avoidance due to profit shifting in their public procurement. To facilitate this effort, this study aims to…
Abstract
Purpose
An increasing number of Danish municipalities wish to minimize tax avoidance due to profit shifting in their public procurement. To facilitate this effort, this study aims to develop a firm-level indicator to assess the potential risk of profit shifting (PS-risk) from Danish subsidiaries of multinational corporations to subsidiaries in low-tax jurisdictions.
Design/methodology/approach
Drawing from previous research, PS-risk is assumed to depend on the maximum difference in the effective corporate tax rate between the Danish subsidiary and other subsidiaries under the global ultimate owner, in conjunction with the tax regulations relevant to profit shifting. The top 400 contractors in Danish municipalities from 2017 to 2019 are identified and their relative PS-risk is estimated by combining information about corporate ownership structure with country-specific information on corporate tax rates, tax regulations and profit shifting from three independent data sets.
Findings
The PS-risk estimates are highly significantly positively correlated across the data sets and show that 17%–23% of the total procurement sum of the Danish municipalities has been spent on contracts with corporations having a medium to high PS-risk. On average, PS-risk is highest for large non-Scandinavian multinational contractors in sectors such as construction, health and information processing.
Social implications
Danish public procurers may use the indicator to screen potential suppliers and, if procurement regulations permit, to ensure high-PS-risk bidders document their tax practices.
Originality/value
The PS-risk indicator is novel, and to the best of the authors’ knowledge, the analysis provides the first estimate of PS-risk in Danish public procurement.
Details
Keywords
Yong Liu, Chang-Xue Lin and Gang Zhao
The paper attempts to discuss the optimal pricing decisions under the decentralized and centralized decision and analyze the influence of online reviews and in-sale service on…
Abstract
Purpose
The paper attempts to discuss the optimal pricing decisions under the decentralized and centralized decision and analyze the influence of online reviews and in-sale service on dual-channel supply chain. Finally, the authors design a two-part tariff coordination mechanism.
Design/methodology/approach
To deal with this pricing conflict problems of dual-channel supply chain consisting of dominant manufacturer and a retailer, considering the fact that online reviews and in-sale service are important factors on consumers’ purchase decisions, the authors establish some basic models and exploit them to discuss the optimal pricing decisions under the decentralized and centralized decision and analyze the influence of online reviews and in-sale service on dual-channel supply chain. Finally, the authors design a profit-sharing coordination mechanism.
Findings
The results show that the optimal online direct selling price is positively correlated with product perceived quality obtained from online reviews and negatively correlated with the in-sale service. The traditional retail price is positively correlated with the in-sale service and weakly correlated with online reviews. For the manufacturer and retailer, whether decentralized decision or coordination contract, their profits increase with the increase of the in-sale service in a certain range and quality perceived from spontaneous online reviews. Online reviews and in-sale service are important factors on consumers’ purchase decisions. Positive in-sale services and online reviews can provide consumers with a better shopping experience, thereby promoting their enthusiasm for shopping and improving their quality of life. The two-part tariff coordination mechanism improves the profits of the manufacturer and the traditional retailer, respectively, through the transfer fee.
Originality/value
The proposed approach can well analyze the channel conflicts and pricing problems between retailers and manufacturers with respect to product offline price and online price. The analysis and results can inform decision-making for manufacturers and retailers.
Details
Keywords
Abstract
Purpose
Previous studies have rarely integrated the financing modes of a capital-constrained manufacturer with the choices of online sales strategies. To address this gap, the authors study how a manufacturer selects optimal financing modes under different sales strategies in three dual-channel supply chains.
Design/methodology/approach
This paper considers three sales strategies, namely, combining a traditional retailer channel with one of the direct selling, reselling and agency selling channels, and two common financing modes, namely, bank financing and retailer financing. The authors obtain equilibrium outcomes of the manufacturer and traditional retailer and then provide the conditions for them to select optimal financing modes under three sales strategies.
Findings
The results indicate that the manufacturer’s financing decisions rely on the initial capital and interest rates, and the manufacturer selects retailer financing only if the initial capital is relatively larger. In terms of financing mode options, the retailer financing mode is more beneficial for the manufacturer under the three sales strategies. From the perspective of sales strategies, the direct selling model is more beneficial. In addition, the higher the consumer acceptance of the online channel, the more profits the manufacturer obtains.
Practical implications
This paper provides suggestions on how the capital-constrained manufacturer chooses financing modes and sales strategies.
Originality/value
This paper integrates the financing mode and different sales strategies to investigate the manufacturer’s optimal operational decisions. These sales strategies allow us to investigate the manufacturer’s optimal financing modes in the presence of both different financing modes and sales strategies.
Details
Keywords
Dennis A. Pitta and J. Howard Kucher
This paper aims to describe how a social enterprise can use product innovation and management to succeed in its mission.
Abstract
Purpose
This paper aims to describe how a social enterprise can use product innovation and management to succeed in its mission.
Design/methodology/approach
The case describes an approach to new product development and management that is of value to social enterprises. The Vehicles for Change organization exists and operates in the USA.
Findings
Provides information and action approaches to non‐profit organizations to increase their sustainability. Often non‐profits do not understand nor value business. Consequently, they elevate their mission to do good but sabotage their ability to succeed. Infusing business into non‐profits can lead to an entirely new organization, the social enterprise. Social enterprises use profit‐generating businesses to fund their charitable elements. This new form can be called a for benefits organization. That focus lends itself to using product development and management techniques to succeed. Their results offer implications for non‐profit organizations.
Research limitations/implications
As in all case studies, the specific conditions found in one organization may not be found more generally in others. Readers are cautioned that the conclusions drawn in the case may have limited applicability.
Practical implications
The case depicts the process that one firm uses to innovate and succeed. It requires breaking existing perceptions, changing managerial attitudes, restructuring and adopting a consumer focus.
Originality/value
The case describes an evolutionary approach to social welfare in part based the benefits of a product. It illustrates the value that a product focused, profit seeking approach can yield in support of an organization that seeks to aid humanity.
Details
Keywords
Mohamed Sahbi Nakhli and Lotfi Belkacem
The purpose of this paper is to test the performance of momentum strategies and identify the sources of their profits.
Abstract
Purpose
The purpose of this paper is to test the performance of momentum strategies and identify the sources of their profits.
Design/methodology/approach
To identify the main source of momentum profits, first, the bootstrap method with replacement was used. Then, to eliminate the existence of the small sample bias, the bootstrap method without replacement and the block bootstrap method were employed. In this case, when the authors draw the observations without replacement the random effect is reduced, whereas the resampling procedure is based on the random draw.
Findings
The empirical results show the existence of a small sample bias in the bootstrap method with replacement, and that the time‐series relations of stock returns are the main source of momentum profits.
Originality/value
To ensure the random effect of the draws, the authors develop a new resampling procedure called the mixed bootstrap method.
Details
Keywords
Roland Azibo Balgah, Vladislav Valentinov and Gertrud Buchenrieder
The paper is aimed at examining the correspondence between the demand‐side and supply‐side determinants of the existence of non‐profit firms.
Abstract
Purpose
The paper is aimed at examining the correspondence between the demand‐side and supply‐side determinants of the existence of non‐profit firms.
Design/methodology/approach
The case study approach is used to compare the demand‐side and supply‐side determinants for a single non‐profit organization in rural Cameroon.
Findings
It is shown that the supply‐side determinants of the examined non‐profit organization, while interrelated with the demand‐side determinants, are not reducible to these.
Research limitations/implications
This finding implies the need to steer a middle course between those theoretical approaches that assume no integration between the demand‐side and supply‐side determinants, and those that assume complete integration between these.
Originality/value
The current non‐profit economics literature, represented by the above approaches, tends to assume away the complex interaction between the demand‐side and supply‐side rationales of non‐profit organization. The contribution of the present paper is to highlight the limitations of this assumption.
Details
Keywords
The reason for superior profit performance by certain companies may be the result of being in the right industry at the right time, and being able to meet market demands…
Abstract
The reason for superior profit performance by certain companies may be the result of being in the right industry at the right time, and being able to meet market demands. Continual high profit performance, however, is more likely to be the result of a small number of correct strategic decisions (to merge, or to expand capacity) or the result of exceptional management control practised by a competent team of executives. One technique used by executives is to direct the company's objectives towards substantial and continual profit improvement through profit planning.
Phillip Miller, Mahmoud M. Yasin and Thomas W. Zimmerer
The objective of this study is to shed some light on quality improvement practices of for‐profit and not‐for‐profit hospitals
Abstract
Purpose
The objective of this study is to shed some light on quality improvement practices of for‐profit and not‐for‐profit hospitals
Design/methodology/approach
The scope and effectiveness of several quality improvement efforts are studied for a sample of 110 hospitals. Factor analysis was utilized to analyze the data collected.
Findings
The results of this study tended to suggest that for‐profit and not‐for‐profit hospitals were more similar than different with the regard to the effective utilization of quality improvement initiatives, thus underscoring the utility of quality improvement efforts despite differences in operating characteristics, strategies and operating constraints.
Research limitations/implications
The sample used in this study is limited. Thus, the results should be interpreted accordingly.
Practical implications
This study offers decision‐makers in healthcare operational settings empirical evidence of the operational and strategic effectiveness of different quality improvement efforts, thus justifying investments related to the initiation and implementation of such quality improvement efforts.
Originality/value
This study represents an important step toward understanding the effective implementation of quality improvement initiatives in different operational settings.
Details