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Article
Publication date: 3 December 2018

Court’s intervention on arbitral tribunal’s jurisdiction: From the perspective of the Korean Arbitration Act (2016)

Eunok Park

The purpose of this paper is to analyze provisions which are related to court’s intervention over an arbitral tribunal’s jurisdiction under the revised Korean Arbitration…

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Abstract

Purpose

The purpose of this paper is to analyze provisions which are related to court’s intervention over an arbitral tribunal’s jurisdiction under the revised Korean Arbitration Act (2016) and the UNCITRAL Model Law.

Design/methodology/approach

The author studies a theory about court’s intervention over an arbitral tribunal’s jurisdiction by studying some scholarly writings and compares the revised provisions in the KAA (2016) with those in the KAA (2010) and the UNCITRAL Model Law (2006).

Findings

There is no clear and internationally unified answer to which theory between the prima facie test and the full review test is appropriate for court’s intervention to arbitration. The analysis of the provision shows that the revised ones in the KAA (2016) will make arbitration to be conducted faster and more efficiently by giving practical answers to issues raised.

Research limitations/implications

It has been just over one year since the KAA (2016) became effective, so it limits evaluation on whether these revised provisions related to court’s intervention over jurisdiction of arbitral tribunal is successful or not.

Originality/value

This study is comparatively new one after the KAA (2016) became effective. So, it is expected to provide a guidance for further studies.

Details

Journal of Korea Trade, vol. 22 no. 4
Type: Research Article
DOI: https://doi.org/10.1108/JKT-03-2018-0027
ISSN: 1229-828X

Keywords

  • Court’s intervention in arbitration
  • Ruling on jurisdiction in arbitration
  • Arbitral tribunal’s jurisdiction

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Article
Publication date: 9 January 2017

Customer satisfaction, service quality, and customer value: years 2000-2015

Haemoon Oh and Kawon Kim

This paper aims to review hospitality and tourism research on customer satisfaction (CS), service quality (SQ) and customer value (CV) published in several established…

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Abstract

Purpose

This paper aims to review hospitality and tourism research on customer satisfaction (CS), service quality (SQ) and customer value (CV) published in several established hospitality and tourism journals over the past 15-16 years. A parallel review of research on the same topics published in several leading marketing journals is also conducted to show comparisons in research trends across the two different, but closely related, fields of study. By doing so, this paper aims to summarize lessons learned from previous research and provide suggestions for future research on the topics in the hospitality and tourism discipline.

Design/methodology/approach

This study reviewed 242 articles appearing in six selected hospitality and tourism journals and 71 articles in four business journals that were published on CS, SQ and CV over the period of 2000-2015. A comprehensive coding scheme was developed to sort each study by more than 50 criteria.

Findings

While research on these topics has grown constantly during the period in the hospitality and tourism field, it has declined in the general business discipline over the same period. Hospitality and tourism research relied heavily on cross-sectional data through a survey approach, whereas business studies used experimental designs more frequently. Research on CS has sustained both interest and productivity, but research on SQ and CV has dwindled over time. Another notable finding is that most studies are not grounded in strong theories, although CS studies tended to be more theory-embedded.

Practical implications

This study provides many useful insights into the research practice and trends of related research and suggestions for future research, especially for hospitality and tourism researchers.

Originality/value

This study provides an unprecedented, comprehensive review of theories, methods, discussion points, implications, limitations and conclusions of studies on CS, SQ and CV published in selected hospitality and tourism journals over the past 15 years.

Details

International Journal of Contemporary Hospitality Management, vol. 29 no. 1
Type: Research Article
DOI: https://doi.org/10.1108/IJCHM-10-2015-0594
ISSN: 0959-6119

Keywords

  • Tourism
  • Hospitality
  • Service quality
  • Customer satisfaction
  • Customer value
  • Current issues

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Article
Publication date: 14 April 2014

Is the empirical validity of prior experience for performance affected by rating approach?

Dan Baugher, Ellen Weisbord and Chris Ramos

In the public sector, Training and Experience (T & E) exams assess prior experience and are one of the most often used methods for selecting job applicants. This…

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Abstract

Purpose

In the public sector, Training and Experience (T & E) exams assess prior experience and are one of the most often used methods for selecting job applicants. This study uses a KSA approach, where raters judge the quality of job relevant prior experience, not its duration or quantity. It was hypothesized that an additional rater and a consensus meeting between raters would increase reliability and validity.

Design/methodology/approach

T & E and supervisory ratings were obtained over a 12-year period for 166 candidates seeking promotion to a budget analyst position. Validity was measured by the correlation between T & E scores and supervisory ratings. Consensus was required only for T & E scores differing by a specific amount (hybrid consensus).

Findings

Intraclass reliability was 0.73, 0.84, and 0.95 in the one-rater, two-rater, and hybrid consensus conditions with each coefficient greater than the next (p < 0.05) showing the benefit of multiple raters and consensus for reliability. Validity was significant at 0.21, 0.26, and 0.251 for each rating condition, respectively (two-tail test; p < 0.01). Validity was greater in the two-rater condition than in the one-rater condition (one-tail test; p < 0.05). Consensus did not improve validity beyond that of two raters. For consensus T & Es (n=76), two raters improved validity (one-tail test; p < 0.05), moving from 0.112 to 0.231 but not reliability; consensus improved reliability (two-tail test; p < 0.05) but not validity.

Originality/value

There has been a vacuum in T & E research for close to 20 years. Validity data are difficult to obtain but critical for meta-analysis. T & Es showed validity. Use of two raters improved validity but consensus did not increase the gain.

Details

Personnel Review, vol. 43 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/PR-10-2012-0188
ISSN: 0048-3486

Keywords

  • Quantitative
  • Validity
  • Budget analyst
  • Consensus
  • Prior experience
  • Reliabiity
  • T & E exam

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Book part
Publication date: 19 September 2014

Active Involvement of Private Equity Firms in Portfolio Companies and its Performance Effects

Christian Landau

We investigate whether active involvement of private equity firms in their portfolio companies during the holding period of a later-stage private equity investment is…

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Abstract

We investigate whether active involvement of private equity firms in their portfolio companies during the holding period of a later-stage private equity investment is related to increased levels in operating performance of these companies. Our analysis of unique survey data on 267 European buyouts and secondary performance data on 29 portfolio companies using partial least squares structural equation modeling indicates that private equity firms, that is, their board representatives, can increase operating performance not only by monitoring the behavior of top managers of portfolio companies, but also by becoming involved in strategic decisions and supporting top managers through the provision of strategic resources. Strategic resources, in particular expertise and networks, provided by private equity firm representatives in the form of financial and strategic involvement are associated with increases in the financial performance and competitive prospects of portfolio companies. Operational involvement, however, is not related to changes in operating performance. In addition to empirical insights into the different types of involvement and their effects, this chapter contributes to the buyout literature by providing support for the suggested broadening of the theoretical discussion beyond the dominant perspective of agency theory through developing and testing a complementary resource-based view of involvement. This allows taking into account not only the monitoring, but also the more entrepreneurial supporting element of involvement by private equity firms.

Details

Finance and Strategy
Type: Book
DOI: https://doi.org/10.1108/S0742-332220140000031005
ISBN: 978-1-78350-493-0

Keywords

  • Leveraged buyout (LBO)
  • management buyout (MBO)
  • private equity
  • active financial investors
  • active board members
  • resource-based view

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Article
Publication date: 4 November 2020

A measure of adaptive performance and the DLOQ

Kyoungshin Kim

This study aims to introduce adaptive performance as an organizational performance dimension and examine the possible dynamics between the dimensions of a learning…

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Abstract

Purpose

This study aims to introduce adaptive performance as an organizational performance dimension and examine the possible dynamics between the dimensions of a learning organization and adaptive performance.

Design/methodology/approach

This study used a survey and applied factor analysis and structural equation modeling analysis.

Findings

The results supported adaptive performance as an organizational performance dimension. Also, the findings of this study empirically proved that perceived knowledge and adaptive performance mediate the positive relationship between a learning organization and perceived financial performance.

Research limitations/implications

In addition to the current Dimensions of a Learning Organization Questionnaire (DLOQ) studies, this study revealed that adaptive performance, one of the nonfinancial outcomes improved by learning, had a significant effect on financial performance. Also, this study provided evidence of the additional construct validity of the DLOQ, particularly its performance measures.

Practical implications

This study advises practitioners to take a close look at how learning and organization development activities improve organizational performance overall.

Originality/value

This study supported a claim that learning and organization development activities in organizations have a strong potential to induce variance in intangible performance.

Details

The Learning Organization, vol. ahead-of-print no. ahead-of-print
Type: Research Article
DOI: https://doi.org/10.1108/TLO-03-2020-0047
ISSN: 0969-6474

Keywords

  • Learning organizations
  • Knowledge performance
  • Adaptive performance
  • Financial performance
  • Organization development
  • Knowledge assets

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Article
Publication date: 20 August 2019

Leveraging customer benevolence for resilience: a supplier perspective

Anto Verghese, Xenophon Koufteros and Baofeng Huo

With more than half of customer-experienced disruptions attributed to first-tier suppliers, supplier resilience (SRES) is fundamental to the resilience of the supply…

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Abstract

Purpose

With more than half of customer-experienced disruptions attributed to first-tier suppliers, supplier resilience (SRES) is fundamental to the resilience of the supply chain. However, little is known about the relational aspects that engender SRES, from the purview of the supplier. The purpose of this paper is to examine the explanatory role of suppliers’ relationship commitment dimensions (i.e. affective and continuance), which may foster SRES through customer benevolence. Moreover, the impact of customer benevolence on SRES is examined considering varying levels of industry dynamism.

Design/methodology/approach

Survey data from 207 manufacturing firms are utilized to test the hypotheses taking potential endogeneity issues into consideration.

Findings

Affective and continuance commitment induce customer benevolence, which furthers SRES. Specifically, affective commitment is the most potent approach to induce customer benevolence, while the dampening effect of industry dynamism is more palpable at the higher levels of industry dynamism.

Research limitations/implications

This study did not account for specific disruption types and the contingent effects of power asymmetry.

Practical implications

This study empirically demonstrates that suppliers can leverage customer benevolence via relationship commitment to achieve SRES. However, the efficacy of customer benevolence to engender SRES is limited to environments not characterized by high levels of industry dynamism.

Originality/value

This paper highlights the role of relational mechanisms in achieving resilience from the purview of a supplier using survey data.

Details

International Journal of Physical Distribution & Logistics Management, vol. 49 no. 7
Type: Research Article
DOI: https://doi.org/10.1108/IJPDLM-06-2018-0217
ISSN: 0960-0035

Keywords

  • Commitment
  • Resilience

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Article
Publication date: 1 April 2002

Customer perceived value: a substitute for satisfaction in business markets?

Andreas Eggert and Wolfgang Ulaga

In recent years, there has been a resurgence of interest in the value construct among both marketing researchers and practitioners. Despite a growing body of research, it…

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Abstract

In recent years, there has been a resurgence of interest in the value construct among both marketing researchers and practitioners. Despite a growing body of research, it is still not clear how value interacts with related marketing constructs. Researchers have called for an investigation of the interrelationship between customer satisfaction and customer value to reduce the ambiguities surrounding both concepts. Investigates whether customer value and satisfaction represent two theoretically and empirically distinct concepts. Also addresses whether value is a better predictor of behavioral outcomes than satisfaction in a business marketing context. Two alternative models are developed and empirically tested in a cross‐sectional survey with purchasing managers in Germany. The first model suggests a direct impact of perceived value on the purchasing managers’ intentions. In the second model, perceived value is mediated by satisfaction. This research suggests that value and satisfaction can be conceptualized and measured as two distinct, yet complementary constructs.

Details

Journal of Business & Industrial Marketing, vol. 17 no. 2/3
Type: Research Article
DOI: https://doi.org/10.1108/08858620210419754
ISSN: 0885-8624

Keywords

  • Value
  • Customer satisfaction
  • Relationship marketing
  • Business‐to‐business marketing

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Book part
Publication date: 14 May 2018

Getting from Corporate Social Responsibility to Corporate System Responsibility: Toward a Dialogic Process for Network Governance

Jerry M. Calton

Both the theory and practice of corporate social responsibility (CSR) are foundational to the field of Business & Society (B&S). However, efforts to define and…

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Abstract

Both the theory and practice of corporate social responsibility (CSR) are foundational to the field of Business & Society (B&S). However, efforts to define and operationalize this construct have been undermined by definitional discord arising from the disparate sense-making assumptions and methods of competing North American and European research traditions. Scholars wedded to the North American research tradition have striven mightily to uncover “objective” evidence in support of the instrumental proposition that IF corporate executives were to invest more resources to enhance social and environmental performance, THEN the firm’s burnished brand image, reputation, and perceived legitimacy would elevate the firm’s long-term financial performance as well. However, the inconclusive statistical record has failed to move many corporate decision makers beyond the minimal social and environmental investments needed to create the impression of compliance with societal expectations. The proliferation of corporate scandals and the pattern of settling legal disputes without admitting guilt are also troubling. The muted impact of B&S research based on proving the instrumental proposition has prompted a new generation of European B&S scholars to explore the sense-making potential of the European research tradition, which seeks meaning and normative validity within a pluralist crucible of community discourse. This contested communicative space is filled with paradoxical tensions and contending stakeholder voices and narratives. With respect to CSR, this discursive sense-making process is animated by an aspiration toward constructing shared meanings that can guide a search for more collaborative approaches to addressing systemic challenges via stakeholder engagement and experiments in multisector collaborative problem-solving. Rather than try to scientifically “prove” a fact-based pre-existing condition, this approach embraces “an emergent and mediated form of strategic ambiguity” to keep open the possibility of “fulfilling often conflicting instrumental and social/ethical imperatives at the same time” (Guthey & Morsing, 2014, p. 556). This discourse-based search for shared meanings in support of a convergence of economic, social, and environmental values frames CSR as an aspirational cocreative process rather than as a pyramid of normative assertions loosely grounded on a search for validation in efforts to find correlations (or causation) within an assortment of “objective” facts. The discursive approach to constructing CSR also highlights the relevance of the emergence of institutional innovations that enable network interactions to address shared systemic problems. Ultimately, CSR may be expressed as a form of network governance seeking to assure the sustainable outcome of system health and vitality across micro-, meso-, and meta-levels of thought and action.

Details

Corporate Social Responsibility
Type: Book
DOI: https://doi.org/10.1108/S2514-175920180000002013
ISBN: 978-1-78754-260-0

Keywords

  • Network governance
  • stakeholder dialogue and engagement
  • discourse ethics
  • integrated social contracting theory (ISCT)
  • political CSR
  • triple-bottom line accountability

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Article
Publication date: 1 March 1997

DEVELOPMENT OF A MEASURE OF ROLE CONFLICT

S. Pandey and E.S. Kumar

This article describes the development of a measure of role conflict. Role conflict was conceptualized as consisting of four dimensions: intrasender, intersender…

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Abstract

This article describes the development of a measure of role conflict. Role conflict was conceptualized as consisting of four dimensions: intrasender, intersender, interrotle, and person‐role conflict respectively. Study 1 (N = 65), which was conducted to pilot test the 96 item questionnaire (reduced from 224 items after expert rating), resulted in the reduction of the questionnaire to 43 items with three interpretable dimensions. Study 2 (N = 100) was carried out to examine the construct validity of the scale and confirm the factor structure. There was convergence with the findings of Study 1. Cronbach alpha for each subscale was adequate, and evidence of concurrent, convergent, and discriminant validities was found. Study 3 (N = 242) attempted to provide some normative data for the measure, in addition to carrying out a confirmatory factor analysis (CFA) using LISREL. The findings of Study 2 were almost duplicated, and the CFA results lent greater support to a three‐factor structure of role conflict.

Details

International Journal of Conflict Management, vol. 8 no. 3
Type: Research Article
DOI: https://doi.org/10.1108/eb022795
ISSN: 1044-4068

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Article
Publication date: 12 June 2017

Towards a classification of supply chain relationships: a routine based perspective

Muhammad Usman Ahmed, Mehmet Murat Kristal, Mark Pagell and Thomas F. Gattiker

This paper studies buyer–supplier relationships (BSRs) by taking a routine-based approach and develops a taxonomy of BSRs. Recent advances in the BSR literature have shown…

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Abstract

Purpose

This paper studies buyer–supplier relationships (BSRs) by taking a routine-based approach and develops a taxonomy of BSRs. Recent advances in the BSR literature have shown that firms implement a host of diverse routines, called integrative practices, with their supply chain partners. Relationships differ based on what integrative practices are present in them. This paper aims to develop a taxonomy of supply chain relationships based on integrative practices measured at the relationship level.

Design/methodology/approach

The authors use survey data collected from North American manufacturers to establish the measurement properties of new relationship level constructs that represent different aspects of integration. Cluster analysis is used with these new constructs to develop a taxonomy of supply chain relationships. Regression and bootstrapping techniques are used to establish the predictive validity and stability of the taxonomy.

Findings

The results show four distinct types of relationships. On comparison, the authors find salient differences between their results and past classifications. As a result of taking a routine-based multidimensional view of integration, the authors find two types of relationships that have not been discovered by past taxonomies.

Originality/value

The new relationship level constructs will allow academics to have greater precision in their research questions on BSRs, as not all aspects of integration behave in the same manner. The four types of relationships identified by this study provide a useful framework to manage supply chain relationships for practitioners.

Details

Supply Chain Management: An International Journal, vol. 22 no. 4
Type: Research Article
DOI: https://doi.org/10.1108/SCM-04-2017-0142
ISSN: 1359-8546

Keywords

  • Surveys
  • Supply chain integration
  • Supply chain management
  • Measurement scales
  • Cluster analysis
  • SCM practices
  • Taxonomy
  • Supplier–manufacturer relationships
  • Integrative practices
  • Buyer–supplier relationship configurations

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