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This study aims to examine whether accounting knowledge is associated with a decision maker's tendency to ignore value added information in wealth measurement and distribution decisions.

A between‐subjects laboratory experiment was employed. Subjects prepared accounting reports that measured and distributed an entity's wealth based upon given accounting data. Accounting knowledge was measured as: a discrete variable by classifying subjects into high‐, low‐ and no‐accounting knowledge groups, and a continuous variable by classifying subjects on the number of accounting courses completed.

Findings provide empirical evidence that high levels of accounting knowledge interferes with a decision maker's ability to incorporate value added information (versus accounting profit) in wealth measurement and distribution decisions.

This experiment used subjects from the USA where the production and disclosure of a value added report is not mandated. The results should be tested in a country where the statement of value added is routinely produced, disclosed and audited.

This study shows the dysfunctional effect of accounting knowledge which appears to hinder performance in wealth measurement and distribution decisions.

This is the first attempt to explain why decision makers may ignore value added information in wealth measurement tasks and distribution decisions by focusing on the role of knowledge structures.

The purpose of this paper is to analyze the potential impact of stakeholders’ behavior on business failure, through its influence on the generation and distribution of value added.

Using a sample of 2,277 Spanish SMEs – half of which were businesses that failed during the years 2006‐2009 – the authors conducted an empirical study on a number of variables representing the participation of stakeholders in the generation and distribution of value added. This was undertaken in order to discern differential behavior between the variables and prove their usefulness in predicting business failure. For this purpose, a mean difference analysis between failed and non‐failed businesses and a multivariate logistic regression model were applied.

The results obtained show that the stakeholders’ behavior in relation to their participation in the generation and distribution of value added, affects the likelihood of business failure.

This paper provides empirical evidence of the influence of stakeholders’ behavior on the likelihood of business failure, through their participation in the generation and distribution of value added. The results are useful for creating management strategies because they offer advice on the implementation of business management models based on the stakeholder approach, and on the appropriate involvement of all those who make up the conglomerate in the generation and distribution of value added. They also emphasize the value of recording information related to the Value‐Added Statement in order to explain a firm's level of dependence on its stakeholders and assess the firm's risk of insolvency.

The framework of the International Integrated Reporting Council (IIRC) is principles-based and does not provide specific key performance indicators (KPIs) for integrated thinking and reporting. Therefore, the purpose of this paper is to propose KPIs for integrated reporting which decipher a firm’s sustainability through empirical analysis.

As a proxy of firms’ sustainability, the authors focus on firms that have survived for more than 100 years and that have already achieved sustainability, and analyze these firms to reveal the financial features that distinguish sustainable firms from the other firms.

The study found two distinguishing facts: the value added that is distributed to stakeholders other than shareholders is significantly larger, and the stability of profitability and the profitability itself are significantly higher in sustainable firms.

The study proposes a value-added distribution and the stability of profitability as sustainability KPIs for integrated reporting.

First, this study provides the first evidence that value added distribution and the stability of profitability distinguish a firm’s sustainability. Second, it provides a new perspective in the search for sustainability KPIs. Third, as the empirical data consist of all listed firms in 136 countries, the results should be robust and general.

An attempt is made to detect and analyse changes in the electronics distribution industry with regard to “value‐added” services provided to its customers. The basic areas of interest covered by this research are what kinds of additional services are being offered by the electronics distribution industry and how long these services have been available to customers; to what extent customers have utilised these services; how this is expected to change; how much impact service provision has had on the “bottom line” for electronics distributors; what has motivated distribution when deciding what, if any, services to provide; what problems were encountered in each service area, and finally, what effect service provision has had on the distribution business as a whole, and what changes are anticipated by distributors. The findings indicate that both customers and distributors agree that the previously sales‐oriented posture of the industry is giving way to a more service‐oriented focus. Several problem areas are also discussed.

Economic ties and formation of trade blocks escalates the movement of goods among the participants and bring different economic and structural changes. Therefore, the current research emphasises on the distribution of market structure and industrial value added among the participant countries of China–Pakistan economic corridor project while focussing on pre and post FTA status.

This study utilises the footloose capital model for analysing whether China or Pakistan is more suitable for attracting factors of production to increase their share of industrial value added. For econometric analyses the current research utilises data from 1995 to 2018 and maximum likelihood effect method to assess factors that affect regional value-added distribution.

Results show that both countries owe different level of economic developments. Effect of capital is, comparatively, similar for both countries while Pakistan supports trade openness which points towards the fact of positive utilisation of abundant labour resources in Pakistan by establishing industrial structure either through domestic capital formation or foreign investment. Whereas, share of labour and trade openness of China positively affect value added production of China.

This is one of the unique studies that studies the regional economic treaties usefulness for any developing country across Asia. Where this study uses the footloose capital model and maximum likelihood method for its analysis which is not previously done, while for detailed analyses the study further divides the timeframe into two parts as pre-FTA ranges from 1995 to 2006, post-FTA from 2007 to 2018 while overall results consist of whole-time frame.

The purpose of this paper is to contribute to the current discussions about the concept of Integrated Reporting (IR) and provides a practical and useful proposal of an instrument that could help to apply the IR concept in corporate practice.

The study uses a deductive normative research approach.

Based on a comprehensive review of international literature and research, the paper argues that a structured presentation of the traditional measure of “value added” in a so-called “value added statement” (VAS) has the potential to serve as a practical and effective reporting instrument for IR. The proposed VAS not only meets the guiding principles of IR but also reports on the monetary effects of different types of capital included in IR and in this way complements and represents the concept of IR very well.

The authors intend to stimulate the academic as well as institutional discussion on how to apply the concept of IR at the corporate level. As the characteristics of the proposed VAS comply well with the guiding principles and concepts developed in the Integrated Reporting Framework project of the International Integrated Reporting Council (IIRC) and with the ultimate objective of integrated thinking, the study can inform the current considerations within and outside of the IIRC.

The future of IR and the probability of its world-wide application in practice will depend on the development of appropriate reporting tools that incorporate the central ideas of IR, currently no such reporting tools exist. In this paper the authors make an argument for a VAS as a complementing, useful and therefore appropriate reporting tool for IR.

Research has demonstrated that family businesses limit the goal of maximizing profits in exchange for maintaining control of the company and passing control to future generations. However, these decisions are not always shared by the stakeholders who are outside the family context, making tensions arise within the company that may affect profitability and the share prices of the family business. The purpose of this paper is to analyse the internal tensions in family businesses in the value-added (VA) distribution, and whether these tensions harm their performance as a result of the restrictions under which these companies operate.

A factor analysis has been used to measure the tension that results from VA distribution of a sample of 105 Spanish listed firms for the 2005-2012 period. A regression analysis has been used to study the impact of this tension on their share prices.

Results show that being a family business has a positive effect on the business tension factor and that returns and share prices are inversely related to tension factors. Thus, the authors conclude that the decision to maintain control over the family business threatens profitability and share prices.

An analysis of distribution of VA in family businesses sheds light on whether or not the management in its decisions preserves its socioemotional wealth (SEW) generating tensions among its economic agents, affecting its profitability and continuity. This knowledge is important for company stakeholders and future investors.

This is the first study in which the value-added statement is used to analyse how the management style of firms, and especially family businesses, are seeking to preserve their SEW and internal tensions generated by them.

Se ha investigado que las empresas familiares limitan el objetivo de maximización del beneficio a cambio de mantener el control de la empresa y de transmitir ese control a futuras generaciones. Sin embargo, no siempre esas decisiones son compartidas por los accionistas que se encuentran fuera del contexto familiar, es entonces cuando surgirán tensiones en el interior de la empresa que podrán afectar a la rentabilidad y a la cotización en bolsa de la empresa familiar. Nuestro objetivo es analizar las tensiones internas que sufren las empresas familiares en la distribución del valor añadido y si estas perjudican sus resultados por las restricciones en las que basan su funcionamiento.

Se ha realizado un análisis factorial para medir la tensión que resulta de la distribución del VA en una muestra de 105 empresas españolas cotizadas durante el periodo 2005-2012. Un análisis de regresión ha sido utilizado para estudiar el impacto de esta tensión sobre los precios de sus acciones.

Los resultados muestran que ser empresa familiar ejerce un efecto positivo en el factor tensión empresarial y que, tanto la rentabilidad, como el precio de las acciones, están inversamente relacionados con los factores de tensión. Por ello concluimos que la decisión de mantener el control en las empresas familiares pone en riesgo la rentabilidad y cotización de las acciones.

Un análisis de la distribución del VA en las empresas familiares arroja luz sobre si la dirección, mediante sus decisiones, preserva o no su riqueza socioemocional generando tensiones entre los agentes económicos, afectando a su rentabilidad y continuidad. Este conocimiento es importante para los grupos de interés de la empresa así como para futuros inversores.

Este es el primer estudio en que el Estado del Valor Añadido es utilizado para analizar el estilo de gestión de las empresas, y especialmente como las empresas familiares tratan de preservar su riqueza socioemocional, y las tensiones internas generadas por ello.

The purpose of this paper is to propose a real‐time food receiving operations management system (RFRS), focusing on demonstrating the use of a case‐based reasoning (CBR) and radio frequency identification (RFID) technology in managing the complex food receiving activities in distribution centers, to deal with the global concerns in food safety management.

The proposed system includes a CBR engine for generating customized operating procedures by retrieving and analyzing relevant knowledge stored in the database and case library. In addition, RFID technology is adopted to gather real‐time inventory information for visualizing inventories, work stations, and equipment status.

The significance and contribution of RFRS in the context of managing unstructured operations in distribution centers for the food receiving process are demonstrated by adopting the system in one of the Hong Kong‐based logistics companies. The achieved improvement of order fulfillment helps achieve a systematic management in operations process flow. Moreover, the time saving in resource assignment helps improve the operations efficiency of the receiving zone. Hence, the decrease in the faults of quality checking helps improve the service and quality level. All of the above demonstrate the feasibility of the RFID‐based decision support system.

A superior method for the management of quality control and service of the receiving process is essential for the success of food distribution centers. However, the complexity of these management processes increases with the rise of customization of service in the supply chain. Hence, such increase in the operation complexity leads to the increase in operation time and, consequently, a decrease in the service quality. The real‐time food receiving operations management system proposed in this paper integrated RFID and case‐based reasoning technology in dealing with food warehouse receiving operation assignment. This is a brand new application combining the two technologies in the field of food reception in warehouses. With the support of the system, the efficiency and the customer satisfaction are improved.