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1 – 10 of 83Murat Yorulmaz and Figen Sevinc Basol
This study aims to investigate the moderating role of psychological capital (PC) and the mediating role of safety climate (SC) in the relationship between the perception of…
Abstract
Purpose
This study aims to investigate the moderating role of psychological capital (PC) and the mediating role of safety climate (SC) in the relationship between the perception of psychological well-being (PWB) and ethical climate perception (ECP) of yacht crews in commercial yachts.
Design/methodology/approach
This study follows a quantitative approach. Data were obtained from a total of 339 yacht crews in Türkiye. The data were analyzed using SPSS 22 and AMOS 22 statistics package software.
Findings
This study uncovers the role of SC and PC in the causal relationship between the PWB and ECP of yacht crews who are, as tourism and maritime industry employees, expected to exhibit positive organizational attitudes and behaviors. The PWB of yacht crews in the work environment is affected by their SC and PC levels.
Research limitations/implications
Although the holistic model of this study is a strong one, there are some limitations. The sample includes only Turkish yacht crews in yacht organizations in Türkiye. Yacht crews work periodically under harsh conditions. We acquired the research data from the yacht crews who had experienced the challenging environment; hence, the findings are specific to the crews. Ethical perceptions and standards may differ across cultures; for this reason, future research on employees in different organizations may conclude with different results. The significance of this research lies in the fact that it tests a comprehensive model.
Practical implications
This study can guide managers in finding ways to affect the PWB of crews. Ethical and safety climate should be taken into account by yacht organizations to improve the perceptions of yacht crews. The findings show that ECP and SC have a positive effect on the PWB of yacht crews. From this perspective, this study suggests that yacht organizations should involve their crews in their ethical decisions to foster an ECP. Yacht businesses should act consistently in all areas and adopt clear safety and ethical rules and procedures for yacht crews to follow to create a perception of ethical and safety climate.
Social implications
This study contends that yacht crews, who face lengthy shifts and professional duties, are a component of the tourism and maritime industries. The findings indicated the necessity for more study on different perspectives related to the factors that impact PWB in the light of the employees. There are relatively scarce data on yacht crews and the relationship between their PWB, SC, ECP and personality constructs such as PC. This research shows that the PWB of yacht crews in stressful and demanding working environments depends on positive ECP and high PC through SC.
Originality/value
This study is the first to assess the role of SC and PC in the relationship between the ECP and PWB of yacht crews. It further aims to fill the research gaps and build on the tourism and maritime literature on yacht crews and PWB, and climate within the tourism and maritime context.
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Yi-Chih Yang and Hsien-Pin Liu
This paper aims to investigate bank credit policies and uncover yacht building finance assessment factors from bank credit policies toward the yacht industry.
Abstract
Purpose
This paper aims to investigate bank credit policies and uncover yacht building finance assessment factors from bank credit policies toward the yacht industry.
Design/methodology/approach
This study’s questionnaire attempts to identify survey respondents’ degrees of awareness through difference analysis, and then uses entropy weighting and gray relational analysis to discover priority ranking order of bank credit assessment considerations from the perspective of Taiwan’s banking sector.
Findings
The research findings show that yacht builders have to review their ship financing application methods and improve shortcomings to meet banks’ credit granting requirements.
Originality/value
Banks emphasize yacht builders’ repayment ability to protect their depositors and shareholders.
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Shuaian Wang, Ran Yan, Lingxiao Wu and Dong Yang
The purpose of this study is to propose a mathematical optimization model to solve the yacht mooring area re-allocation problem (YMARP). The objective of the problem is to allow…
Abstract
Purpose
The purpose of this study is to propose a mathematical optimization model to solve the yacht mooring area re-allocation problem (YMARP). The objective of the problem is to allow the maximum number of yachts to be moored at their ideal mooring areas.
Design/methodology/approach
In this paper, the YMARP is introduced, formally defined and discussed. The authors develop a 0-1 integer programing optimization model for the problem, which can be solved efficiently using off-shelf solvers. The performance of the model is tested on extensive numerical experiments.
Findings
The results of the numerical experiments demonstrate that the proposed model can solve the YMARP very efficiently using off-shelf solvers like CPLEX. In particular, problems with up to 30,000 yachts and 400 mooring areas can be solved to optimum within 30 s.
Originality/value
This study is one of the preliminary studies to consider problems arising in yacht management in a quantitative manner. The proposed model has three main merits. First, it enables the government to better manage yachts and mooring areas. Second, with more yacht owners assigned with ideal mooring areas, the model helps reduce the traveling time of the yacht owners to yacht mooring areas. Third, by reducing the traveling time of the yacht owners, the model contributes to lessening the traffic burden in cities.
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