Search results

1 – 10 of 17
Article
Publication date: 29 February 2024

Robert Bogue

The purpose of this paper is to illustrate the growing role of robots in the logistics industry.

Abstract

Purpose

The purpose of this paper is to illustrate the growing role of robots in the logistics industry.

Design/methodology/approach

Following an introduction, which identifies key challenges facing the industry, this paper discusses robotic applications in warehouses, followed by sections covering transportation and delivery and conclusions.

Findings

The logistics industry faces a number of challenges that drive technological and operational changes. Robots are already playing a role within the warehouse sector and more complex applications have recently arisen from developments in artificial intelligence-enabled vision technology. In the transportation sector, autonomous trucks are being developed and trialled by leading manufacturers. Many major logistics companies are involved and limited services are underway. Last-mile delivery applications are growing rapidly, and trials, pilot schemes and commercial services are underway in Europe, the USA and the Far East. The Chinese market is particularly buoyant, and in 2019, a delivery robot was launched that operates on public roads, based on Level-4 autonomous driving technology. The drone delivery sector has been slower to develop, in part due to regulatory constraints, but services are now being operated by drone manufacturers, retailers and logistics providers.

Originality/value

This paper provides details of existing and future applications of robots in the logistics industry.

Details

Industrial Robot: the international journal of robotics research and application, vol. 51 no. 3
Type: Research Article
ISSN: 0143-991X

Keywords

Article
Publication date: 5 September 2024

Leyla Orudzheva, Manjula S. Salimath and Robert Pavur

The consequences of corporate corruption control (CCC) have either been investigated outside the firm (e.g. foreign direct investment inflows) or inside the firm (e.g…

Abstract

Purpose

The consequences of corporate corruption control (CCC) have either been investigated outside the firm (e.g. foreign direct investment inflows) or inside the firm (e.g. profitability). Yet prior research addresses these implications separately, treating them as distinct phenomena, ignoring questions at their intersection. However, corruption control can be leveraged to benefit both organizations (internally) and environments (externally). In line with open systems theory, this study aims to explore a ripple effect of corruption control not only inside organizations (efficiency through adoption of sustainable resource management practices) but also outside [community-centered corporate social performance (CSP)].

Design/methodology/approach

Using a longitudinal sample of multinational enterprises from Forbes list of “The World’s Largest Public Companies,” the authors use a cross-lagged panel design to provide clarity regarding causal effects.

Findings

Results confirm causal directionality and support the positive effect of corruption control on resource management and community CSP, contributing toward understanding implications at the organization–environment interface.

Originality/value

The authors examine both internal and external implications of CCC. The use of a cross-lagged design that is relatively novel to the management field allows to check for casual effects between CSP elements that were previously assumed to have reciprocal casual effects.

Details

Society and Business Review, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1746-5680

Keywords

Open Access
Article
Publication date: 10 July 2024

William Alomoto, Angels Niñerola and Maria-Victòria Sánchez-Rebull

The growth of mental disorders and their costs represents a public health challenge. This study aims to explore how a social club can help mitigate its impact through arts and…

Abstract

Purpose

The growth of mental disorders and their costs represents a public health challenge. This study aims to explore how a social club can help mitigate its impact through arts and sports workshops.

Design/methodology/approach

Using the social return on investment (SROI) methodology, the impact of the social club is evaluated by identifying stakeholders and quantifying their contributions. In addition, the relationship between patients’ attendance and the reduction of relapses and medication consumption is explored.

Findings

The SROI showed a positive return on investment, €12.12 per euro invested. This ratio indicates that the social club generates social value well above its initial costs. On the other hand, two stakeholders were identified as higher impact generators, and it was confirmed that sports activities generate more social and economic impact than art activities – however, the positive effects of art activities last longer over time. The study revealed a positive relationship between social club attendance and relapse reduction. Almost 90% of the participating users reported no relapses or emergency hospitalizations during the past year of attendance. In addition, a substantial decrease in medication dosage was observed. These results suggest that social clubs help stabilize mental health and reduce the burden on health-care systems.

Originality/value

The case study highlights the vital role of social clubs in supporting people facing mental health issues. Policymakers and health-care providers can use this knowledge to invest in more effective and sustainable mental health support activities.

Details

Social Enterprise Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1750-8614

Keywords

Open Access
Article
Publication date: 9 August 2024

Vandana Arya, Ravinder Verma and Vijender Pal Saini

The study examines the association between trade (exports and imports), foreign direct investment (FDI) and economic growth in the Bay of Bengal Initiative for Multi-Sectoral…

Abstract

Purpose

The study examines the association between trade (exports and imports), foreign direct investment (FDI) and economic growth in the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) countries using data from 1991 to 2019.

Design/methodology/approach

Augmented Dickey–Fuller (ADF) and Phillips–Perron (PP) unit root tests were applied to check the stationary of the data while the Johansen cointegration test and Vector Error Correction Model (VECM) was used to analyze long-run and short-run relationships.

Findings

The results indicate a long-run relationship between trade, FDI and economic growth in all selected countries except Bhutan. Additionally, a bidirectional causality exists between gross domestic product (GDP) and FDI in India, Bangladesh, Myanmar, Nepal, Bhutan and Sri Lanka, while unidirectional causality from GDP to FDI is observed in Thailand. Moreover, a one-way causality from exports to GDP exists in Bangladesh, Nepal, Bhutan, Sri Lanka and Myanmar, whereas a bidirectional relationship exists in India and Thailand.

Practical implications

This paper will be highly beneficial for regulators and policymakers in the designated economies, aiding in the formulation of FDI and trade policies that promote economic progress and development.

Originality/value

Most previous studies examining the relationship between macroeconomic variables have focused on developed nations. This study is the first to explore the relationship between trade (exports and imports), FDI and economic growth in the BIMSTEC countries.

Details

Journal of Business and Socio-economic Development, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2635-1374

Keywords

Open Access
Article
Publication date: 14 November 2023

Hajer Chenini and Anis Jarboui

A separate study of the different behavioral biases does not allow for a full understanding of the complexity and stability of the heterogeneity of beliefs. Therefore, through a…

Abstract

Purpose

A separate study of the different behavioral biases does not allow for a full understanding of the complexity and stability of the heterogeneity of beliefs. Therefore, through a more global view of these anomalies, the authors wish to show that they can converge on a single concept, which is the heterogeneity of beliefs.

Design/methodology/approach

It is therefore essential to stress that the importance of this study is mainly reflected in the methodological approach used in the construction and analysis of the map and not only in the results achieved. This contribution states that structural analysis, as a means of building the cognitive map, can facilitate the task of investors and other decision-makers, in the identification and analysis of the heterogeneity of beliefs that can therefore guide investors' strategy in decision-making.

Findings

The authors have studied the behavior of the investor and its way of interpreting the information and the authors have emphasized the value of studying the concept of heterogeneity of beliefs in its complexity. So that part of the work seems to be relevant and crucial to filling, if you will, that void. In this sense, the authors have shown that behavioral abnormalities are multidimensional concepts: “self-deception”, “cognitive bias”, “emotional bias” and “social bias”.

Originality/value

In particular, this article will aim to achieve the objective of proposing a model for measuring the heterogeneity of beliefs. Thus, the authors want to show that the heterogeneity of beliefs can be measured directly through the different behavioral anomalies.

Details

Journal of Economics, Finance and Administrative Science, vol. 29 no. 57
Type: Research Article
ISSN: 2077-1886

Keywords

Open Access
Article
Publication date: 14 November 2023

Markus Kantola, Hannele Seeck, Albert J. Mills and Jean Helms Mills

This paper aims to explore how historical context influences the content and selection of rhetorical legitimation strategies. Using case study method, this paper will focus on how…

Abstract

Purpose

This paper aims to explore how historical context influences the content and selection of rhetorical legitimation strategies. Using case study method, this paper will focus on how insurance companies and labor tried to defend their legitimacy in the context of enactment of Medicare in the USA. What factors influenced the strategic (rhetorical) decisions made by insurance companies and labor unions in their institutional work?

Design/methodology/approach

The study is empirically grounded in archival research, involving an analysis of over 9,000 pages of congressional hearings on Medicare covering the period 1958–1965.

Findings

The authors show that rhetorical legitimation strategies depend significantly on the specific historical circumstances in which those strategies are used. The historical context lent credibility to certain arguments and organizations are forced to decide either to challenge widely held assumptions or take advantage of them. The authors show that organizations face strong incentives to pursue the latter option. Here, both the insurance companies and labor unions tried to show that their positions were consistent with classical liberal ideology, because of high respect of classical liberal principles among different stakeholders (policymakers, voters, etc.).

Research limitations/implications

It is uncertain how much the results of the study could be generalized. More information about the organizations whose use of rhetorics the authors studied could have strengthened our conclusions.

Practical implications

The practical relevancy of the revised paper is that the authors should not expect hegemony challenging rhetorics from organizations, which try to influence legislators (and perhaps the larger public). Perhaps (based on the findings), this kind of rhetorics is not even very effective.

Social implications

The paper helps to understand better how organizations try to advance their interests and gain acceptance among the stakeholders.

Originality/value

In this paper, the authors show how historical context in practice influence rhetorical arguments organizations select in public debates when their goal is to influence the decision-making of their audience. In particular, the authors show how dominant ideology (or ideologies) limit the options organizations face when they are choosing their strategies and arguments. In terms of the selection of rhetorical justification strategies, the most pressing question is not the “real” broad based support of certain ideologies. Insurance company and labor union representatives clearly believed that they must emphasize liberal values (or liberal ideology) if they wanted to gain legitimacy for their positions. In existing literature, it is often assumed that historical context influence the selection of rhetorical strategies but how this in fact happens is not usually specified. The paper shows how interpretations of historical contexts (including the ideological context) in practice influence the rhetorical strategies organizations choose.

Details

Journal of Management History, vol. 30 no. 3
Type: Research Article
ISSN: 1751-1348

Keywords

Article
Publication date: 11 July 2024

Maela Giofré

This paper investigates the distinctive role of the US stock exchanges in the process of international consolidation. Besides the USA's leading role in financial markets, the…

Abstract

Purpose

This paper investigates the distinctive role of the US stock exchanges in the process of international consolidation. Besides the USA's leading role in financial markets, the focus on the country is motivated by its uniqueness within the stock exchange consolidation landscape, since, on the one hand, it has been involved in two different stock exchange mergers – with Nasdaq and NYSE – and, on the other hand, it has experienced a “reversal”, having joined and then left the Euronext-NYSE platform.

Design/methodology/approach

To investigate the effect of the NYSE-Euronext split on cross-border holdings and the role of the US as a member of the consolidated platform, we adopt a feasible Generalized Least Squares specification correcting for both heteroskedasticity and general correlation of observations across destination-countries, with standard errors adjusted for two-way clustering at the investing-country and year levels.

Findings

Differently from other mergers, we find a weak sensitivity of US inward and outward cross-border investments to stock exchange consolidation, and, consequently, to its reversal. The data suggest that the larger, the more liquid and the more visible the involved stock exchanges are, the less sensitive cross-border investment is to consolidation. Drawing on the cross-listing and cross-delisting literature, we formulate the conjecture that this evidence can be explained by decreasing returns of foreign investment to consolidation: the extraordinary large size, liquidity and visibility of the US stock exchanges diminishes the value of the role played by stock exchange consolidation in reducing cross-border barriers among member countries, so that it makes also the effects of its retreat non-significant.

Originality/value

This paper is the first, to best of our knowledge, to investigate the mirror phenomenon, that is, the “consolidation reversal” process of the NYSE stock exchange, the purpose being to understand its consequences for cross-border holdings. In the first part of this paper, we document no significant effect of the 2014 reversal on cross-border investments. The apparent absence of this effect could be due either to a level of cross-border investments remaining equally high (denoting persistence in investors' behavior) or to an equally non-significant effect of consolidation and reversal of the US stock exchanges on cross-border equity investments. The evidence supports the latter hypothesis and reveals an overall weak sensitivity of US cross-border investments (inward or outward) to stock exchange consolidation and, consequently, to its reversal. We formulate the conjecture, tested in the second part of the paper, that this evidence is due to the presence of diminishing returns of exchange consolidation's scale for foreign investors: the extraordinary large size, liquidity and visibility of the US stock exchanges makes the role of stock exchange consolidation less valuable in dampening cross-border barriers; consequently, also the reversal phenomenon presents no sizeable effects.

Details

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

Keywords

Article
Publication date: 15 August 2024

Godslove Ampratwum, Robert Osei-Kyei and Vivian W.Y. Tam

Critical infrastructures are susceptible to unexpected disruptive events that affect their functional performance. Public–private partnership (PPP) offers opportunities for…

Abstract

Purpose

Critical infrastructures are susceptible to unexpected disruptive events that affect their functional performance. Public–private partnership (PPP) offers opportunities for stakeholders to build resilience by proactively coordinating and positioning the capabilities of the stakeholders. Partnerships are mostly riddled with risks that affect the performance and goal attainment of the partnerships. The purpose of this study was to develop a risk assessment model for PPP in critical infrastructure resilience (CIR) using fuzzy synthetic evaluation.

Design/methodology/approach

This study used a quantitative approach to analyse survey responses from respondents. Mean score ranking, Kendall’s coefficient of concordance and fuzzy synthetic evaluation were used to analyse the responses from respondents.

Findings

This study identified seven risk categories; Political, Financial, Ethical, Bureaucracies and red tapes, Legal, Coordination and Institutional as the critical risk categories that may frustrate the partners in a PPP arrangement from performing their responsibilities. A risk assessment model was also developed in the form of a risk index equation to ascertain the risk level of using a PPP to build critical infrastructure resilience in Ghana. It was found that the risk level in using PPP to build critical infrastructure resilience is high.

Practical implications

The outcome of this study can be used as an informative and guiding tool to streamline any future PPP arrangement or even amend current PPP arrangements in critical infrastructure resilience.

Originality/value

The study has drawn attention to the risks in using PPP to build critical infrastructure resilience within the Ghanaian context. It has also established a risk index to assess the risk level of using PPP to build critical infrastructure resilience. This risk index can be used to ascertain the risk level in different countries. In addition, no research has been conducted to empirically test the risks in using PPP to build critical infrastructure resilience thus making this study a novel contribution to the critical infrastructure resilience research domain.

Details

Smart and Sustainable Built Environment, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2046-6099

Keywords

Article
Publication date: 4 June 2024

Subhi Jleilaty, Anas Ammounah, Ghiath Abdulmalek, Lydie Nouveliere, Hang Su and Samer Alfayad

This paper aims to develop an adaptable control architecture for electrohydraulic humanoid robots (HYDROïD) that emulate the functionality of the human nervous system. The…

Abstract

Purpose

This paper aims to develop an adaptable control architecture for electrohydraulic humanoid robots (HYDROïD) that emulate the functionality of the human nervous system. The developed control architecture overcomes the limitations of classical centralized and decentralized systems by distributing intelligence across controllers.

Design/methodology/approach

The proposed solution is a distributed real-time control architecture with robot operating system (ROS). The joint controllers have the intelligence to make decisions, dominate their actuators and publish their state. The real-time capabilities are ensured in the master controller by using a Preempt-RT kernel beside open robot control software middleware to operate the real-time tasks and in the customized joint controllers by free real-time operating systems firmware. Systems can be either centralized, where all components are connected to a central unit or decentralized, where distributed units act as interfaces between the I/Os and the master controller when the master controller is without the ability to make decisions.

Findings

The proposed architecture establishes a versatile and adaptive control framework. It features a centralized hardware topology with a master PC and distributed joint controllers, while the software architecture adapts based on the task. It operates in a distributed manner for precise, force-independent motions and in a decentralized manner for tasks requiring compliance and force control. This design enables the examination of the sensorimotor loop at both low-level joint controllers and the high-level master controller.

Originality/value

It developed a control architecture emulating the functionality of the human nervous system. The experimental validations were performed on the HYDROïD. The results demonstrated 50% advancements in the update rate compared to other humanoids and 30% in the latency of the master processor and the control tasks.

Details

Robotic Intelligence and Automation, vol. 44 no. 4
Type: Research Article
ISSN: 2754-6969

Keywords

Open Access
Article
Publication date: 24 July 2024

Franz Rumstadt, Dominik K. Kanbach, Josef Arweck, Thomas K. Maran and Stephan Stubner

When CEOs are publicly weighing in on sociopolitical debates, this is known as CEO activism. The steadily growing number of such statements made in recent years has been subject…

Abstract

Purpose

When CEOs are publicly weighing in on sociopolitical debates, this is known as CEO activism. The steadily growing number of such statements made in recent years has been subject to a flourishing academic debate. This field offers first profound findings from observational studies. However, the discussion of CEO activism lacks a thorough theoretical grounding, such as a shared concept accounting for the heterogeneity of sociopolitical incidents. Thus, the aim of this paper is to provide an archetypal framework for CEO activism.

Design/methodology/approach

The authors used a multiple case study approach on 145 activism cases stated by CEOs and found seven distinct statement archetypes.

Findings

The study identifies four main structural design elements accounting for the heterogeneity of activism, i.e. the addressed meta-category of the statement, the targeted outcome, the used tonality and the orientation of the CEOs’ positions. Further, the authors found seven distinguishable archetypes of CEO activism statements: “Climate Alerts”, “Economy Visions”, “Political Comments”, “Self-reflections and Social Concerns”, “Tech Designs”, “Unclouded Evaluations” and “Descriptive Explanations”.

Research limitations/implications

This typology classifies the heterogeneity of CEO activism. It will enable the analysis of interrelationships, mechanisms and motivations on a differentiated level and raise the comprehensibility of research-results.

Practical implications

The framework supports executives in understanding the heterogeneity of CEO activism and to analyse personality-fits.

Originality/value

To the authors’ knowledge, this marks the first conceptualisation of activism developed cross-thematically. The work supports further theory-building on CEO activism.

Details

Management Decision, vol. 62 no. 13
Type: Research Article
ISSN: 0025-1747

Keywords

1 – 10 of 17