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Article
Publication date: 6 October 2021

Daphnee Hui Lin Lee

Both Hong Kong and Singapore leverage teacher collaboration to improve student learning, but state reforms differ in how teacher collaborative capabilities are prioritized. This…

Abstract

Purpose

Both Hong Kong and Singapore leverage teacher collaboration to improve student learning, but state reforms differ in how teacher collaborative capabilities are prioritized. This paper provides a nuanced comparison of Hong Kong and Singapore teachers' values (risk-taking, power distance and uncertainty avoidance) to develop insights into how different policy focuses cultivate teachers' capabilities to focus on improving student learning.

Design/methodology/approach

Employing Hargreaves and Fullan's (2012) concept of professional capital, statistical analyses determine teachers' values profiles of high, medium and low professional capital in the respective contexts. Leveraging related research on Singapore teachers (Lee and Lee, 2018), nuances in teachers' values in the Hong Kong results are identified via cluster analysis and explained via structural equation modelling.

Findings

Medium professional capital Hong Kong teachers' values matched Singapore's, but teachers in other clusters are nuanced. Compared to Singapore teachers with similar levels of professional capital, high professional capital Hong Kong teachers have higher uncertainty avoidance, while low professional capital teachers are the opposite. In Hong Kong, high uncertainty avoidance values positively influence teacher leadership and focus on student learning. Nevertheless, as with their Singapore counterparts, high professional capital Hong Kong teachers have low power distance and high risk-taking values.

Originality/value

This paper raises awareness regarding policy's influence in cultivating teachers' values and their transformational change capabilities. By comparing two hierarchical Chinese societies, the discussion questions whether Chinese and Western cultural influences are mutually exclusive, and whether transformational change in cultural values, if achievable, is necessary.

Details

Journal of Professional Capital and Community, vol. 7 no. 2
Type: Research Article
ISSN: 2056-9548

Keywords

Book part
Publication date: 23 September 2014

Donald K. Clancy and Denton Collins

The purpose of this study is to review the capital budgeting literature over the past decade.

Abstract

Purpose

The purpose of this study is to review the capital budgeting literature over the past decade.

Design/methodology

Specifically, over the years 2004–2013, we review works appearing in the major academic journals in accounting, finance, and management. Further, we review the specialized academic journals in management accounting. We examine the frequency of articles by journal and year published, the type of research method applied, and the topic area studied. We then review the research findings by topic area.

Findings

We find 110 articles appearing in the selected journals. While the articles increase in frequency, the research methods applied are predominantly analytical and archival in nature with relatively few experiments, case studies, or surveys. Some progress is observed for capital budgeting techniques and new methods for structuring uncertainty. The studies find that the size of capital budgets is about right for companies with high financial reporting quality, for liquid companies, during periods of normal cash flow, when the budget is financed by equity, for companies when they first go public or first go private. Tax rates and financial reporting methods for depreciation and tax expenses distort capital budgets. Organization structure and performance measurement can distort capital budgeting. Individual differences, especially optimism and honesty, can influence capital budgeting decisions.

Limitations and Implications

This review is limited to the major journals in accounting, finance, and management; and the specialized journals in management accounting. There is much research to be done on capital budgeting, especially case studies of actual practice and experiments related to individual and group decision processes.

Article
Publication date: 15 June 2023

Ercan Emin Cihan, Cigdem Alabas Uslu and Özgür Kabak

This study aims to develop a new integrated decision-making framework specifically designed to address complexity and uncertainty for project portfolio management. It particularly…

434

Abstract

Purpose

This study aims to develop a new integrated decision-making framework specifically designed to address complexity and uncertainty for project portfolio management. It particularly focuses on managing portfolios in a post-merger context. The paper portrays a normative and prescriptive approach to effectively creating a well-balanced project portfolio in a post-merger scenario.

Design/methodology/approach

This study introduces hyper-project portfolio frame as a prospective methodology for evaluating post-merger portfolios. The proposed method especially addresses the challenges associated with integration following a merger.

Findings

Hyper-project portfolio frame provides fundamental leaps in post-merger project portfolios. The frame gives opportunities to check consistency with policy, organizational scalability, flexibility and product diversity. It also underpins achieving the strategic objectives of mergers and acquisitions (M&As).

Research limitations/implications

The literature synthesis is approached from an interpretative standpoint. The research incorporates discussions and comparative studies from the relevant literature and introduces a novel approach. Additionally, new descriptive studies can expand the proposed process-oriented decision-making. Moreover, this research does not consider hostile takeovers.

Originality/value

Nested in content and process-oriented fashion, the frame provides suitable prequalification analysis for portfolios in a post-merger under the concepts of complexity, uncertainty, risk and value.

Details

Management Decision, vol. 61 no. 8
Type: Research Article
ISSN: 0025-1747

Keywords

Article
Publication date: 26 August 2022

Ercan Emin Cihan, Çiğdem Alabaş-Uslu and Özgür Kabak

This paper aims to develop an algorithm to pretest an industrial portfolio on a new scale. Portfolios include complex and uncertain projects at the front-end phase. The study…

Abstract

Purpose

This paper aims to develop an algorithm to pretest an industrial portfolio on a new scale. Portfolios include complex and uncertain projects at the front-end phase. The study, therefore, proposes a procedure that helps decision-makers to handle various complex projects and defines a common scale applicable to various kinds of industrial projects.

Design/methodology/approach

Decision-makers can employ the preference algorithm to reach a common understanding. To this end, the current paper posits the organization of criteria in various project sets. A sexagesimal scale is developed based on project complexity and its ability to achieve broad impact, both these factors being gauged on a five-point scale of user-friendly numberings.

Findings

The proposed algorithm shows the equivalence of industrial projects in different fields. Also, the algorithm articulates the status in terms of uncertainty, complexity, risk, and value of projects. The connections between decision-makers and criteria operate on the basis of the foreseen complexity, risk, and value. It can be said that this study exemplifies and visualizes the portfolio and criteria relationship.

Research limitations/implications

The procedure covers contingency exercises at the front-end phase of a portfolio and supports decisions. However, updated information can change support positions.

Originality/value

The paper presents original scoring guidance for portfolio complexity on a new scale. The scaling and scoring are adjustable and calibrated using the proposed sexagesimal system. It presents an original classification of project risk and value. The main contribution is the presented algorithm which can be used to pretest industrial portfolios composed of projects that vary in both size and context.

Details

Kybernetes, vol. 52 no. 12
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 1 June 2015

Serkan Akinci, Aslıhan Kiymalioğlu and Eda Atilgan Inana

This study aims to evaluate the perceptions and behavioral intentions of golf players by means of the relationship between customer satisfaction, perceived value and loyalty…

1696

Abstract

Purpose

This study aims to evaluate the perceptions and behavioral intentions of golf players by means of the relationship between customer satisfaction, perceived value and loyalty concepts.

Design/methodology/approach

The data used in testing the hypothesis developed were gathered by face-to-face survey method from the golf players using four golf courses in Antalya, Turkey during the peak season (March, April, May, October). At the end of the data screening period, 351 usable questionnaires were gathered. The proposed model was estimated through a mediation analysis with parallel multiple mediator model.

Findings

The roles of perceived value dimensions between satisfaction and loyalty were revealed within the context of the proposed model. Moreover, the relative importance of perceived value dimensions in the causal relationship between satisfaction and loyalty were determined.

Research limitations/implications

The research was limited to a specific topic in service industry. The possible effect of several demographic factors, such as country-of-origin of the respondents, their experience levels, etc. has been overlooked. Future studies could measure the mediating role of perceived value between satisfaction and loyalty intention in different service settings and could obtain specific results for consumer segments with more homogenous subsamples. Further studies also would provide knowledge on the role of social value dimension, which could not be proved in the current research.

Practical implications

The research underlines the relative importance of perceived value dimensions in affecting loyalty intentions. That will enable managers to focus on the effective dimensions in creating customer loyalty.

Originality/value

The effects of satisfaction on loyalty have long been known, yet the function of value dimensions as mediators between satisfaction and loyalty intention in a service setting is the original contribution of the study.

Details

International Journal of Culture, Tourism and Hospitality Research, vol. 9 no. 2
Type: Research Article
ISSN: 1750-6182

Keywords

Article
Publication date: 1 June 1994

David S.G. Carter

Reviews the current debate in the USA concerning the generaldissatisfaction with administrator preparation and resulting tensionsbetween the award of the PhD versus the EdD, with…

1267

Abstract

Reviews the current debate in the USA concerning the general dissatisfaction with administrator preparation and resulting tensions between the award of the PhD versus the EdD, with a preference for the award of the latter articulated by critical observers of the profession. Design considerations are highlighted for the implementation of EdD curricula in Australia, where the professional doctorate is now being offered at a number of universities. Implications are drawn from the US experience regarding the need to legitimate the EdD as a valued qualification of standing in its own right and clearly focused on meeting the needs of practitioners. Describes a curriculum process model, initially developed at the University of Texas at Austin, with the potential and capacity to guide and inform university‐based administrator preparation as well as on going professional development over the course of a career span of intermediate length. Concludes that appropriate models are needed which gave shape and form to a professionally oriented EdD, abstracting from relevant theoretical principles and derived from a knowledge base that can be justified on its own terms.

Details

Journal of Educational Administration, vol. 32 no. 2
Type: Research Article
ISSN: 0957-8234

Keywords

Article
Publication date: 11 December 2020

Moses Onyoin and Christopher Bovis

This paper explains the evident disproportionality in the levels of adoption of the modality of public–private partnerships (PPPs) in Uganda by tracing the peculiar preconditions…

Abstract

Purpose

This paper explains the evident disproportionality in the levels of adoption of the modality of public–private partnerships (PPPs) in Uganda by tracing the peculiar preconditions and enablers of the model's relative high adoption in the electricity sector.

Design/methodology/approach

Key conceptual suggestions from historical institutionalism (HI), critical juncture and path dependence are used to orient the data collection and analysis. The direct experiences and perceptions of key informants involved in policy, regulation and operations in the electricity sector are thematically analyzed.

Findings

The primacy of specific policy, institutional decisions and actions sequentially undertaken at the international, national and sectorial levels in shaping the conceivability and possibility of PPP modality is foregrounded. In particular, international advisory for the changed role of the state and the government's subsequent decision to enact and reenact specific institutional frameworks at the national and sectorial levels created important disruptions to the status quo and paved a new and relatively stable institutional path conducive for private sector participation.

Research limitations/implications

Theoretically, the paper demonstrates the ability and power of HI to support the exploration and framing of multilevel and path-dependent explanations of institutional development and policy adoption. Practically, suggestions in terms of policy, legal and regulatory enablers for the adoption of PPP are made to shape practitioners' decision-making

Practical implications

Practically, suggestions in terms of policy, legal and regulatory enablers for the adoption of PPP are made to shape practitioners' decision-making.

Originality/value

The importance of considering factor combinations and sequences in explaining the emergence, adoption and proliferation of public policy instruments and phenomena is underscored. In addition, the discourse on PPPs is moved beyond rationalization on how to even out their adoption (and subsequently the associated benefits) across sectors.

Details

International Journal of Public Sector Management, vol. 34 no. 1
Type: Research Article
ISSN: 0951-3558

Keywords

Article
Publication date: 23 November 2012

Paul Martin Gibbons, Colin Kennedy, Stuart Burgess and Patrick Godfrey

The purpose of this paper is to introduce a value improvement model (VIM) for repetitive processes applicable to any business where people and/or plant provide a service to…

1989

Abstract

Purpose

The purpose of this paper is to introduce a value improvement model (VIM) for repetitive processes applicable to any business where people and/or plant provide a service to support the overall business objective. Arguing competitive advantage can be realised through different amalgams of productive and strategic resources, the VIM introduced focuses on aligning resource bundles and influencing factors creating efficacious, efficient and effective processes by applying Lean thinking and Six Sigma tools and techniques more holistically.

Design/methodology/approach

The research methodology taken incorporated a case study approach complimented by the action research process of planning, observing and reflecting summarized as an action case study research design. The case study data examine the development of a management cycle of value improvement on an inter‐terminal shuttle transportation system within a busy international airport.

Findings

The VIM has been proven as a useful model for understanding the critical inputs and influencing factors for delivering sustainable improvements to repetitive processes in a service industry environment.

Research limitations/implications

The research was completed in situ at a single business using a single case study example to develop and test the conceptual framework. The VIM would therefore benefit from being applied in both manufacturing and service industry environments to identify other potential environmental factors influencing the repetitive processes, increasing the usefulness to other potential users.

Originality/value

This research project has developed a visual and systematic framework that enables managers to understand, assess and improve repetitive processes within their businesses. The case study example presented in the paper show how this framework can be applied to the setting up of value improvement management cycles.

Details

International Journal of Lean Six Sigma, vol. 3 no. 4
Type: Research Article
ISSN: 2040-4166

Keywords

Article
Publication date: 27 July 2012

Paul M. Gibbons, Colin Kennedy, Stuart C. Burgess and Patrick Godfrey

A previous attempt to implement the use of historical measures of asset management effectiveness – as part of a value improvement model (VIM) for repetitive processes – had not…

1624

Abstract

Purpose

A previous attempt to implement the use of historical measures of asset management effectiveness – as part of a value improvement model (VIM) for repetitive processes – had not been 100 percent successful within an airport operational engineering environment. Taking into account the more holistic approach realised through applying a soft systems methodology (SSM), the purpose of this paper was to use the CATWOE (Customers, Actors, Transaction, World View, Owner and Environment) tool to gain an understanding of the root definition of the problem statement developing a conceptual model used to facilitate an improvement to the implementation process.

Design/methodology/approach

The research methodology taken incorporated an action research approach combining case study research with an action research process of planning, observing and reflecting summarized as taking an action case research design.

Findings

This research has developed a visual and systematic framework that enables managers to understand, analyse and improve value in their asset management repetitive processes. The CATWOE root definition tool has been used to create a conceptual model of the problem area providing a holistic view of the stakeholders and the internal and external environmental constraints that the VIM for asset management sits within.

Research limitations/implications

The research was completed in‐situ at a single airport focused on a single group of assets managed by a single group of stakeholders. Future research should look to further develop the VIM and CATWOE approach in other asset management environments such as manufacturing as well as asset intensive service industries.

Originality/value

This research has taken a soft systems approach and successfully applied it to the implementation of hard systems measurements of asset management effectiveness within an airport operational engineering environment. Other managers with asset management responsibilities will find this approach useful in achieving their core objective to improve the effectiveness and efficiency of their assets and the teams employed to maintain them at minimal total cost.

Details

International Journal of Quality & Reliability Management, vol. 29 no. 7
Type: Research Article
ISSN: 0265-671X

Keywords

Article
Publication date: 3 November 2020

Mehrnoush Sarafan, Brian Squire and Emma Brandon–Jones

Past research has shown that culture has significant effects on people's evaluation of and responses to risk. Despite this important role, the supply chain risk literature has…

Abstract

Purpose

Past research has shown that culture has significant effects on people's evaluation of and responses to risk. Despite this important role, the supply chain risk literature has been silent on this matter. The purpose of this paper is to examine the impact of cultural value orientations on managerial perception of and responses to a supply disruption risk.

Design/methodology/approach

The authors conduct a scenario-based experiment to investigate the effect of cultural value orientations – i.e. individualism-collectivism and uncertainty avoidance – on individuals' perception of risk and supplier switching intention in the face of a supply disruption.

Findings

The findings highlight the negative effect of individualism-collectivism on disruption risk perception and switching intention in high uncertain circumstances. However, these relationships are non-significant in relatively less uncertain situations. Moreover, the findings show that the impact of uncertainty avoidance on risk perception and supplier switching is positive and significant in both low and high uncertain circumstances.

Originality/value

Extant research has traditionally assumed that when confronted with disruption risks, managers make decisions using an economic utility model, to best serve the long-term objectives of the firm. This paper draws from advances of behavioural research to show that cultural value orientations influence such decisions through a mediating mechanism of subjective risk perception.

Details

International Journal of Operations & Production Management, vol. 40 no. 11
Type: Research Article
ISSN: 0144-3577

Keywords

1 – 10 of over 71000