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Accounting practices vary not only across firms, but also across countries, reflecting the respective legal and cultural background. Attempts at harmonization therefore continue to be rebuffed. The purpose of this paper is to argue that different wordings in national laws, and different interpretations of similar wordings in national laws, can be explained by taking recourse to the philosophy of language, referring particularly to Searle and Wittgenstein.

The example of the substance over form principle, investigated in seven countries, is particularly suitable for this analysis. It is known in all accounting jurisdictions, but still has very different roots in different European countries, with European and international influences conflicting, which is reflected in the different wording of the principle from one country to the next, and the different socially constructed realities associated with those wordings.

This paper shows that, beyond accounting practices, the legal and cultural background of a country affects the wording of national law itself. The broad conclusion is that different socially constructed realities might tend to resist any attempt at harmonized socially constructed words.

The paper contributes to the debate surrounding the possible homogenization of accounting regulations, illustrating the theory of the social construction of both “reality” and “language” on the specific application of one common principle to various Member State environments.

The increased acknowledgement of the problems associated with food waste has triggered a number of social and commercial initiatives for the re-distribution of suboptimal foods (SOFs). This paper aims to explore a variety of such initiatives and discuss their prospects, considering the commercial contingencies of the food supply system.

The exploration is based on a multi-country study of cases representing three initiatives related to the reduction of waste from SOFs, i.e. social supermarkets (SSMs), food banks and expiration date-based pricing practices. The collected data comprise expert interviews, store-check observations and secondary material; the data are analyzed from a marketing practice perspective.

The analyses indicate that the distribution and re-distribution of SOFs are moving toward normalization, that the diffusion of expiration date-based pricing through all food retailing formats is likely to continue, that food banks – despite reports of dwindling supplies of SOFs – are likely to increase their expansion and that SSMs face a variety of challenges, e.g. as regards their supply of SOFs and their customers’ preferences for stable assortments.

By synthesizing data from various European implementations of re-distribution practices, this article contributes to the understanding of the viability of such practices. Developing this understanding should benefit social and commercial entrepreneurs, as well as policymakers, when designing and implementing initiatives for the reduction of waste from SOFs.

Entrepreneurship, Strategic Marketing, Innovation, New Product Development (NPD).

This case is suitable to be used in advanced undergraduate and MBA/MSc.

This case illustrates the challenges related to designing and launching an innovative product in the market. It revolves around the issues pertaining to smart organic fertilizer's (SOF) pre- and post-launch experiences. Haji Sani Kimi, a Senior Research Officer of the Strategic Research Centre at MARDI, had developed a zeolite-based organic fertilizer which he believed to be the first of its kind in Malaysia. He had taken five years to complete his research in developing SOF. Seeing its potential benefits for the land and farmers, the then Director General of MARDI asked Sani to speed up the process of technology transfer to be the first to launch the product in the market. In 2005, MARDI established a five-year agreement with Hicotech Sendirian Berhad to license its intellectual property rights (IPR). Adnan, a successful automobile business entrepreneur, ventured into the organic fertilizer business, as this product was in high demand and extensively used by paddy farmers in Malaysia and was subsidized by the government. However, Hicotech failed to get government contract to supply organic fertilizer under the government subsidy program. As such, it had to compete in the open market which was dominated by already-established Chinese entrepreneurs. At the beginning, SOF was doing well in the market, but, during 2007, Hicotech experienced great financial loss due to its mismanagement of collecting payment from its customers. Hicotech tried to work in partnership with ABH Mega Sendirian Berhad to overcome its financial difficulties. However, due to some disagreements, the collaboration was terminated within a short period of time. From 2005 to the end of 2009, Hicotech was not able to pay any royalties to MARDI and the license of Hicotech was to expire in February 2010. Haji Sani was trying to get a solution to revive SOF in the market. Moreover, he was confused whether to renew the license of SOF IPR with Hicotech or to search for another company.

Using this case, students can learn how a small- and/or medium-scale companies can strategize their new product launch. Based on the given industry scenario, students can realize the potential challenges that are related to launching a new product. Furthermore, this case demonstrates that producing a high-quality product is not enough to succeed in the market; the right strategy also plays an important role in making it successful. Last, it can be also learned that proper managerial control and financial support are two important factors that contributes in any business success. Overall, strategic marketing/management students will learn the importance of adopting proper strategy, while the students who are undertaking the new product development course benefit by seeing the practical situation of a new product launch, its rise and its fall.

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Many literature reviews on project management (PM) research are limited to studies published only in PM journals but some reviews do expand their analysis on PM research published also in journals belonging to the management studies field. However, the authors found no previous literature reviews comparing the PM content in different sectors outside the management studies field. Therefore, the analysis and findings of PM content derived from the sector-specific engineering and technology-focused journals are new. The paper aims to discuss this issue.

The authors analyze PM content in nine different sectors, where each sector and its inherent research is connected to specific engineering, technological, or industry-related disciplines. The authors conduct an evidence-informed literature review on PM knowledge in the distinct literatures of these nine sectors. The period of analysis is 24 years from 1986-2009. The authors discuss potential consequences of the findings’ sector-specificity for future PM domain development.

The perspective on different origins of PM leads to a meta-level PM concept covering several different PM domains, each with its own sector specific and separated development path.

The literature analysis purposefully excluded PM journals and management studies, and the authors focused only on sector-specific engineering and technology-focused journals that represent knowledge and wisdom of different PM contents in nine sectors.

The findings have significant potential to contribute to scholarly discussion on the development of a universal PM theory. For applicability across sectors, the authors suggest a modular PM theory with different sector-specific modules for knowledge, concepts, and underlying assumptions.

Currently, this discussion has been mainly focused on theorizing concepts and approaches in management studies only. This study expands the understanding to engineering and technology-focused journals across nine industry sectors/domains.

The purpose of this paper is to perform two-dimensional numerical simulation involving fluid-structure interaction of flexible filament. The filament is tethered to the bottom of a rectangular channel with oscillating fluid flow inlet conditions at low Reynolds number. The simulations are performed using a temporal second-order finite volume-based immersed boundary method (IBM). Further, to understand the relation between different aspect ratios i.e. ratio of filament length to channel height (Len/H) and fixed channel geometry ratio, i.e. ratio of channel height to channel length (H/Lc) on mixing and pumping capabilities.

The discretization of governing continuity and Navier–Stokes equation is done by finite-volume method on a staggered Cartesian grid. SIMPLE algorithm is used to solve fluid velocity and pressure terms. Two cases of oscillatory flow conditions are used with the flexible filament tethered at the center of bottom channel wall. The first case is sinusoidal oscillatory flow with phase shift (SOFPS) and second case is sinusoidal oscillatory flow without phase shift (SOF). The simulation results are validated with filament dynamics studies of previous researchers. Further, parametric analysis is carried to study the effect of filament length (aspect ratio), filament bending rigidity and Reynolds number on the complex deformation and behavior of flexible filament interacting with nearby oscillating fluid motion.

It is found that selection of right filament length and bending rigidity is crucial for fluid mixing scenarios. The phase shift in fluid motion is also found to critically effect filament displacement dynamics, especially for rigid filaments. Aspect ratio, suitable for mixing applications is dependent on channel geometry ratio. Symmetric deformation is observed for filaments subjected to SOFPS condition irrespective of bending rigidity, whereas medium and low rigidity filaments placed in SOF condition show severe asymmetric behavior. Two key findings of this study are: symmetric filament conformity without appreciable bending produces sweeping motion in fluid flow, which is highly suited for mixing application; and asymmetric behavior shown by the filament depicts antiplectic metachronism commonly found in beating cilia. As a result, it is possible to pin point the type of fluid motion governing fluid mixing and fluid pumping. The developed computational model can, thus, successfully demonstrate filament-fluid interaction for a wide variety of similar problems.

The present study uses a temporal second-order finite volume-based IBM to examine flexible filament dynamics for various applications such as fluid mixing. Also, it highlights the relationship between channel geometry ratio and filament aspect ratio and its effect on filament sweep patterns. The study further reports the effect of filament displacement dynamics with or without phase shift for inlet oscillating fluid flow condition.

The purpose of this research is to examine the relationships among strategy, flexibility, and performance in the supply chain context.

The research is based on a quantitative approach using a questionnaire survey and personal interviews from a total of 175 small and medium‐sized Canadian manufacturing companies. The identified constructs have been utilized to test a theoretical model using the path analysis technique.

First, the findings provide evidence of direct effects of strategy on flexibility and flexibility on performance. Second, innovative strategy firms must invest time and resources in developing new product and delivery flexibility; while customer‐oriented strategy firms are required to invest heavily in developing sourcing, product, and delivery flexibility and follower strategy firms need no investment in any specific type of flexibility. Third, results demonstrated that Canadian manufacturers must reconsider how they use information technology to enhance information systems flexibility and improve overall performance.

The measures of flexibility and strategy dimensions used to rate the supply chain organizations are a possible limitation of the research study.

Managers need to think seriously about which type of flexibility they implement and that they should not increase all dimensions of flexibility in their power; some dimensions of flexibility may not significantly contribute to the overall performance. Considering that small and medium‐sized enterprises have limited resources, it is important for managers to carefully assess their strategic needs before getting involved in any flexibility program; otherwise the result can be competitively negative.

No empirical study was found in the supply chain literature that specifically investigates the relationships among strategy, flexibility and performance in the supply chain context; the paper fills an important gap in the supply chain literature.

The first step in the reform of the Romanian enterprise sector after the collapse of communism was the commercialization of state enterprises. This was completed by 1991. Two types of enterprises were established: regies autonomes and commercial companies. The regies autonomes were legal entities with the social capital owned by the state. This legal status was restricted to enterprises that were “natural monopolies or of public interest or essential for national defense and security.” The governance of regies autonomes of national importance was the responsibility of the ministries, while the governance of regional regies autonomes was devolved to local authorities. The commercial companies were mainly joint stock corporations and about 6,300 of them were incorporated between 1990 and 1991. Their social capital was split between the state-ownership fund (SOF) and five private-ownership funds (POFs, latter called PIFs). Table 1 presents the structure of state holdings at the beginning of privatization in 1992.

In the present fast-paced and globalized age of war, special operations forces have a comparative advantage over conventional forces because of their small, highly-skilled units. Largely because of these characteristics, special operations forces spend a disproportionate amount of time deployed. The amount of time spent deployed affects service member’s quality of life and their level of preparedness for the full spectrum of military operations. In this paper, the authors ask the following question: How many force packages are required to sustain a deployed force package, while maintaining predetermined combat-readiness and quality-of-life standards?

The authors begin by developing standardized deployment-to-dwell metrics to assess the effects of deployments on service members’ quality of life and combat readiness. Next, they model deployment cycles using continuous time Markov chains and derive closed-form equations that relate the amount of time spent deployed versus at home station, rotation length, transition time and the total force size.

The expressions yield the total force size required to sustain a deployed capability.

Finally, the authors apply the method to the US Air Force Special Operations Command. This research has important implications for the force-structure logistics of any military force.

This chapter describes how to use popular software programs (Hierarchical Linear Modeling, LISREL) to analyze multiwave panel data. We review prevailing methods for panel data analyzes in strategic management research and identify their limitations. Then, we explain how multilevel and latent growth modeling provide more rigorous methodologies for studying dynamic phenomena. We present an example illustrating how firm performance can initiate temporal change in the human and social capital of members of Board of Directors, using hierarchical linear modeling. With the same data set, we replicate this test with first-order factor latent growth modeling (LGM). Next, we explain how to use second-order factor LGM with panel data on employee cognitions. Finally, we review the relative advantages and disadvantages of these new data-analytical approaches.

The purpose of this paper is to empirically explore the relationships among organization ownership structure, implementation of just‐in‐time (JIT), and production operations performance.

A theory model for explaining the relationships among ownership, manufacturing strategy and performance was constructed, and then several hypotheses were tested using statistical analysis models based on questionnaire responses from Chinese manufacturing firms.

The results show that organization ownership not only impacts the implementation of JIT and operations performance, but also impacts the relationship between JIT implementation and operations performance. Moreover, the results show that, for firms operated in China, the implementation frequency of JIT practices varies with organization ownerships; the foreign and joint venture firms (JVFs) were found to have a higher level of JIT implementation and can also achieve better performance from JIT implementation than state‐owned and private‐owned firms (POF). Also, JIT implementation was found to have a significantly positive relationship with operations performance in all types of ownership firms, with the exception of private ownership firms.

The research only covers manufacturing firms in China. Further research is needed to test the wide implications of this research in other countries or industries.

This paper provides insights into how to improve JIT implementation performances, especially in various organization ownership structures.

The paper appears to be one of the first studies of relationship between ownership structure and JIT implementation in China manufacturing environment.