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1 – 10 of over 75000Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some…
Abstract
Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.
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This paper provides a quantitative review of the literature on the repercussions of idiosyncratic information on firms’ cost of equity (CoE) capital. In total, I review the…
Abstract
This paper provides a quantitative review of the literature on the repercussions of idiosyncratic information on firms’ cost of equity (CoE) capital. In total, I review the results of 113 unique studies examining the CoE effects of information Quantity, Precision and Asymmetry. My results suggest that the association between firm-specific information and CoE is subject to moderate effects. First, the link between Quantity and CoE is moderated by disclosure types and country-level factors in that firms in comparatively weakly regulated countries tend to enjoy up to four times greater CoE benefits from more expansive disclosure—depending on the type of disclosure—than firms in strongly regulated markets. Second, a negative relationship between Precision and CoE is only significant in studies using non-accrual quality proxies for Precision and risk factor-based (RFB)/valuation model-based (VMB) proxies for CoE. Third, almost all VMB studies confirm the positive association between Asymmetry and CoE, but there is notable variation in the conclusions reached when ex post CoE measurers are used.
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Carolyn Caffrey, Hannah Lee, Tessa Withorn, Maggie Clarke, Amalia Castañeda, Kendra Macomber, Kimberly M. Jackson, Jillian Eslami, Aric Haas, Thomas Philo, Elizabeth Galoozis, Wendolyn Vermeer, Anthony Andora and Katie Paris Kohn
This paper presents recently published resources on library instruction and information literacy. It provides an introductory overview and a selected annotated bibliography of…
Abstract
Purpose
This paper presents recently published resources on library instruction and information literacy. It provides an introductory overview and a selected annotated bibliography of publications covering various library types, study populations and research contexts. The selected bibliography is useful to efficiently keep up with trends in library instruction for busy practitioners, library science students and those wishing to learn about information literacy in other contexts.
Design/methodology/approach
This article annotates 424 English-language periodical articles, monographs, dissertations, theses and reports on library instruction and information literacy published in 2021. The sources were selected from the EBSCO platform for Library, Information Science, and Technology Abstracts (LISTA), Education Resources Information Center (ERIC), Scopus, ProQuest Dissertations and Theses, and WorldCat, published in 2021 that included the terms “information literacy,” “library instruction,” or “information fluency” in the title, abstract or keywords. The sources were organized in Zotero. Annotations summarize the source, focusing on the findings or implications. Each source was categorized into one of seven pre-determined categories: K-12 Education, Children and Adolescents; Academic and Professional Programs; Everyday Life, Community, and the Workplace; Libraries and Health Information Literacy; Multiple Library Types; and Other Information Literacy Research and Theory.
Findings
The paper provides a brief description of 424 sources and highlights sources that contain unique or significant scholarly contributions.
Originality/value
The information may be used by librarians, researchers and anyone interested as a quick and comprehensive reference to literature on library instruction and information literacy within 2021.
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Muhammet Deveci, Ibrahim Zeki Akyurt and Selahattin Yavuz
The purpose of this paper is to present a new public bread factory location selection for Istanbul Metropolitan Municipality (IMM).
Abstract
Purpose
The purpose of this paper is to present a new public bread factory location selection for Istanbul Metropolitan Municipality (IMM).
Design/methodology/approach
A two-stage methodology is proposed to determine the location for the public bread factory facility. This framework is based on both geographic information systems (GIS) and multi-criteria decision-making (MCDM) techniques. The first stage of the methodology aims to decrease the number of possible alternative locations to simplify the selection activity by applying GIS; the second stage utilises interval type-2 fuzzy MCDM approach to exactly determine the public bread factory site location.
Findings
In this study, the authors present weighted normalised-based interval type-2 hesitant fuzzy and interval type-2 hesitant fuzzy sets (IT2HFSs)-based compressed proportional assessment (COPRAS) methods to overcome facility location selection problem for a fourth public bread factory in Istanbul.
Practical implications
The results show that the proposed approach is practical and can be employed by the bakery industry.
Originality/value
In this study, the authors present a two-stage methodology for public bread factory site selection. In the first stage, the number of alternatives is reduced by the GIS. In the second stage, an interval type-2 fuzzy set is implemented for the evaluation of public bakery factory site alternatives. A new integrated approach based on COPRAS method and weighted normalised with IT2HFSs is proposed.
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The purpose of this paper is to propose a novel lean management tool to provide a comprehensive and flexible evaluation model while converting customer voices into technical…
Abstract
Purpose
The purpose of this paper is to propose a novel lean management tool to provide a comprehensive and flexible evaluation model while converting customer voices into technical characteristics in lean implementations.
Design/methodology/approach
For this purpose, the proposed model was constructed by belief space-evaluations, quality function deployment (QFD) and analytic hierarchy process (AHP) in interval type-2 fuzzy (IT2F) environment. This model involves three phases: determining the linguistic weights and belief-based relations with their IT2F-sets, processing information about IT2F-based belief-evaluations and ranking the technical characteristics using the defuzzified belief-based relative importance values.
Findings
The proposed model was applied to automotive after-sales service in Turkey to demonstrate its use in lean service-decisions. This model was compared with its classical and type-1 fuzzy versions. The ranking-results of the proposed model differed from those of the other versions. The reason is that the IT2F-environment offers a sensitive and flexible evaluation of the model’s linguistic scales.
Research limitations/implications
Calculations in the proposed model may be quite involved for practitioners. An Excel-dashboard was created to simplify the computational complexity.
Practical implications
Researchers/practitioners can apply this model to any lean manufacturing/service implementation.
Social implications
Company managers/employees/customers can recognize their perception-mechanisms via belief space-evaluations and experience how uncertainty in the perception-mechanism affects their decisions.
Originality/value
The proposed model provides a new lean tool due to the Bayesian model combined with QFD-AHP in IT2F-environment. This model eliminates the ambiguity in conceptual change-based lean decisions.
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Tong Wu and Xinwang Liu
The purpose of this paper is to overcome the drawbacks of analytic hierarchy process in solving complex decision-making problems, especially for the evaluation of enterprise…
Abstract
Purpose
The purpose of this paper is to overcome the drawbacks of analytic hierarchy process in solving complex decision-making problems, especially for the evaluation of enterprise technology innovation ability (ETIA). Because interval type-2 fuzzy sets (IT2 FSs) can handle uncertainty linguistic variables in a more flexible and precise way than type-1 fuzzy sets with their second fuzzy membership functions, a fuzzy ANP method with IT2 FSs is proposed to evaluate the ETIA.
Design/methodology/approach
The criteria of evaluation on ETIA are identified and an evaluation model for ETIA is constructed on the basis of the application analysis of ETIA and theoretical design of ANP. In addition, two different ranking methods of IT2 FSs are applied in processing the relationships between influence factors of ETIA.
Findings
By using the proposed interval type-2 fuzzy ANP (IT2 FANP) method, the efficiencies of the whole evaluation of ETIA can be measured and the important factors in the ETIA can also be determined. Compared with the type-1 FANP through the ranking results, the proposed IT2 FANP is more reasonable and robust for the evaluation of ETIA.
Practical implications
The proposed IT2 FANP method is applied on the evaluation of ETIA. With respect to the application, the proposed method can be used to evaluate many more complex problems that contain feedback and circular relationships.
Originality/value
The proposed IT2 FANP approach can solve the complexities and uncertainties at the same time. Considering the subjective initiative of decision-makers and the feedback between influence factors, the proposed method is more efficient than the existing type-1 approaches in the literature.
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Francis W.H. Yik, Joseph H.K. Lai, W.L. Lee, K.T. Chan and C.K. Chau
The purpose of this paper is to narrow the diverse views of the industry stakeholders on two controversial issues, namely the scope of core competence of building services…
Abstract
Purpose
The purpose of this paper is to narrow the diverse views of the industry stakeholders on two controversial issues, namely the scope of core competence of building services engineers (BSEs) and the statutory role that they should play, which were encountered in an extensive research study on the building services profession of Hong Kong.
Design/methodology/approach
An expert panel was formed and the Delphi method was applied to resolve the controversies. In the Delphi process, every panel member was provided with complete opinions expressed by all other panel members in each round of the deliberation.
Findings
Sufficient support was found for the proposition that professional BSEs should be competent in handling air‐conditioning, electrical, fire services, and plumbing & drainage works, and that the government authorities should mandate the design and compliance certification of electrical and fire services installations by BSEs.
Research limitations/implications
Although the Delphi method has not been hitherto applied to resolve the controversies addressed in the study, it was proven to be a very effective tool in seeking majority opinions from a group of experts. The same approach may be taken in similar studies in future.
Practical implications
The core competence identified should be made as a minimum requirement for practitioners who wish to practise as professional BSEs. The views and comments given by the expert panel members are informative references to public policy makers.
Originality/value
This was the first ever study conducted in an attempt to identify the core competence and statutory role of BSEs in Hong Kong.
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A corporation’s global supply chain usually consists of enterprises and manufacturers that are graphically dispersed around the world, whereby each company is involved in a wide…
Abstract
A corporation’s global supply chain usually consists of enterprises and manufacturers that are graphically dispersed around the world, whereby each company is involved in a wide variety of supply chain activities such as order fulfilment, international procurement, acquisition of information technology, manufacturing, and customer service. Therefore, continuously tracking performance of suppliers and an appropriate selection mechanism is one of the crucial activities in supply chain management. This paper presents an intelligent generic supplier management tool (GSMT) using the case‐based reasoning (CBR) technique for outsourcing to suppliers and automating the decision making process when selecting them. The development of GSMT and how the CBR technique is applied is then given, followed by an application of GSMT in Honeywell Consumer Products (Hong Kong) Limited.
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The purpose of this paper is to identify the radio frequency identification (RFID) strategic value attributes (RFIDSVAs) mechanism selections preferences and also integration of…
Abstract
Purpose
The purpose of this paper is to identify the radio frequency identification (RFID) strategic value attributes (RFIDSVAs) mechanism selections preferences and also integration of RFID tags with technology coordination tools (IRTWTCTs) alternatives ranking performance decisions in supply chain management (SCM). RFID-enabled techno-economic feasibility decisions are enhancing the SC visibility in apparel supply chains (ASCs). The RFIDSVAs mechanism selections have performed significant agility to strategic competitive advantages, namely, inventory visibility, multi-tags ownership transfer within trusted third party, etc.
Design/methodology/approach
Fuzzy analytical hierarchy process (FAHP) and FAHP-fuzzy Technique for Order of Preference by Similarity to Ideal Solution (FTOPSIS) approaches have been used to evaluate the quantitative assessment of RFIDSVA mechanisms selection decision based on weight priority orders and IRTWTCTs alternatives selection in ASC networks. The comparison of FAHP and FAHP-FTOPSIS approaches to evaluate the integrated framework develop in RFIDSVAs mechanisms and IRTWTCTs alternatives selection decisions in Indian multi-tier ASC networks.
Findings
The result found that the FAHP-FTOPSIS approaches have used to prioritizing the RFIDSVA mechanism selection weights and also identify the IRTWTCTs alternatives ranking preferences order in apparel SCM. The comparison between the FAHP and FAHP-FTOPSIS approach to quantitative assessments from RFIDSVA mechanisms and IRTWTCTs alternatives selection decisions, which enable them SC agility potential across multi-tier visibility in ASC networks. ASC stakeholders can be benefited by techno-economic feasibility decisions, RFID-enabled shop floor activities, multi-tags ownerships transfer in SCs and knowledge-based cryptography tags/items separation in SCs.
Research limitations/implications
The research work has considered only five RFIDSVA mechanisms and also three integration of RFIDTWTCTs alternatives in multi-tier ASC. The strategic competitive advantages are achieved by RFID-enabled break-even tags price decisions and also techno-economic feasibility decision by contractual design multi-tier SC stakeholder’s involvements.
Practical implications
The pilot project study explores that the quantitative assessment decision has based on RFID-enable techno-economic feasibility in ASCs. Stakeholders can be benefited by inventory control of the financial losses, reducing the inventory inaccuracies and multi-tags ownership transfer within trusted third-party traceability in ASC networks.
Originality/value
This study explores the RFID-enabled apparel SC process and activities visibility (natural fibre’s fibre producer, fibre dyeing producer, yarn spinning producer, knitting and finishing producer).
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A. Bezuidenhout, C. Mlambo and W.D. Hamman
In financial analysis, forecasting often involves regressing one time series variable on another. However, to ensure that the models are correctly specified, one needs to first…
Abstract
In financial analysis, forecasting often involves regressing one time series variable on another. However, to ensure that the models are correctly specified, one needs to first test for stationarity, co‐integration and causality. In testing for causality, the variables should be stationary. If non‐stationary, one can estimate the model in difference form, unless the variables are co‐integrated. This article determines whether cash flow and earnings variables are stationary, and which variable causes the other, using econometric analysis. In most cases, cash flow variables are found to cause earnings variables. This is so when the models are estimated in levels. However, when estimated in first differences, the causal relationship tends to be reversed such that earnings cause cash flows. Further study is recommended, whereby panel data could be used to improve the power of the tests.
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