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1 – 10 of 27Zhiqiang Jia, Weian Li and Jian Xu
The purpose of this study is to examine the impact of customers' environmental concern on corporate green innovation and its underlying mechanisms.
Abstract
Purpose
The purpose of this study is to examine the impact of customers' environmental concern on corporate green innovation and its underlying mechanisms.
Design/methodology/approach
This study empirically examines the impact of customer environmental concern on corporate green innovation using 967 company-customer-year observations of Chinese A-share listed companies over the period 2012–2022.
Findings
The empirical results show that customer environmental concern significantly enhances corporate green innovation. Furthermore, executive environmental awareness and research and development (R&D) investment play a partial mediating role in this relationship. The heterogeneity analysis reveals that state-owned customers, customers located in the same province with the corporate and the intellectual property model cities contribute to strengthening this relationship. Moreover, corporate performance analysis shows that customer environmental concern can significantly increase corporate financial performance and sustainable performance.
Originality/value
This study innovatively proposes a measure of customer environmental concern and examines its impact on corporate green innovation and its underlying mechanisms. In addition, this study also proposes some insights for policymakers.
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Zhiqiang Huang, Lei He, ZhaoXin Gao, Yingqi Jia, Yewei Kang, Dou Xie and Chunli Fu
This paper aims to introduce a new acoustic positioning method to solve the problem of space positioning for online inspection robots within the storage tank.
Abstract
Purpose
This paper aims to introduce a new acoustic positioning method to solve the problem of space positioning for online inspection robots within the storage tank.
Design/methodology/approach
The proposed positioning system comprises two acoustic signal emitters and two receivers. Emitters are brought by the robot into the storage tank. Receivers are mounted on the external edge of the storage tank floor. The spatial coordinate values and motion directions of the robot in the storage tank are calculated by using the proposed acoustic positioning algorithm.
Findings
The experiment results and positioning error analysis indicate that the method can obtain the data of robotic space coordinates and motion orientation, while the positioning error of the method can be less than 20 cm. The accuracy reaches the positioning technology level of other tank online inspection robots.
Originality/value
This method not only expands the positioning of the inspection robots from 2D plane to 3D space but also significantly reduces the number of positioning sensors carried by a robot and improves the safety of a robot in the tank.
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Zhiqiang Lu, Junjie Wu and Jia Liu
The promotion of financial inclusion can disturb the composition of traditional bank concentration and change the relationship between bank concentration and the availability of…
Abstract
Purpose
The promotion of financial inclusion can disturb the composition of traditional bank concentration and change the relationship between bank concentration and the availability of small and medium-sized enterprise (SME) financing. This paper concentrates on a less frequently explored area of research by examining the relationships between bank concentration, financial inclusion and SME financing availability respectively, and the interaction between bank concentration and financial inclusion after the implementation of a financial inclusion strategy in China.
Design/methodology/approach
Using firm-level data from 1,509 listed SMEs in China from 2007 to 2017 and applying rigorous analyses, we identify how bank concentration affects SME financing availability under the promotion of financial inclusion and also the mechanisms involved.
Findings
We find that bank concentration and financial inclusion respectively have positive impacts on the credit available to listed SMEs, indicating that the promotion of financial inclusion in China has reached a new high watermark. The positive impact of bank concentration is reduced when the level of financial inclusion is high. Conversely, a higher level of financial inclusion favours SME credit availability at only a low degree of bank concentration. Our findings suggest that financial inclusion has a substitution effect on bank concentration and has enabled us to add new interpretations to relevant theories; namely, the Market Power and Information Theories respectively.
Originality/value
This study provides new insights into the relationship between bank concentration and SME finance availability under the promotion of financial inclusion.
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Lixu Li, Zhiqiang Wang, Lujie Chen, Xiande Zhao and Shuili Yang
Although supply chain collaboration (SCC) theoretically boosts the adoption of supply chain finance (SCF) through information sharing and cost savings, many companies with good…
Abstract
Purpose
Although supply chain collaboration (SCC) theoretically boosts the adoption of supply chain finance (SCF) through information sharing and cost savings, many companies with good supply chain partnerships still hesitate to engage in SCF. To disentangle this puzzle, this study aims to explore how two dimensions of information transparency (i.e. information quantity and information quality) and two types of transaction dependence (i.e. dependence on suppliers and dependence on customers) influence the relationship between SCC and SCF adoption.
Design/methodology/approach
This study uses secondary survey data from a Chinese bank, including 464 Chinese companies that have adopted SCF to varying degrees. This study then performs the logistic regression analysis to test the hypotheses.
Findings
This study empirically confirms that SCC shows a positive relationship with SCF adoption. More interestingly, information quantity negatively moderates this positive relationship, whereas information quality positively moderates this positive relationship. Most surprisingly, dependence on customers rather than dependence on suppliers strengthens this positive relationship.
Originality/value
This study makes theoretical contributions to the SCF literature by demonstrating the distinct moderating mechanisms regarding the relationship between SCC and SCF adoption. The findings also help companies reexamine their interactions with supply chain members.
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Xinghua Shan, Zhiqiang Zhang, Fei Ning, Shida Li and Linlin Dai
With the yearly increase of mileage and passenger volume in China's high-speed railway, the problems of traditional paper railway tickets have become increasingly prominent…
Abstract
Purpose
With the yearly increase of mileage and passenger volume in China's high-speed railway, the problems of traditional paper railway tickets have become increasingly prominent, including complexity of business handling process, low efficiency of ticket inspection and high cost of usage and management. This paper aims to make extensive references to successful experiences of electronic ticket applications both domestically and internationally. The research on key technologies and system implementation of railway electronic ticket with Chinese characteristics has been carried out.
Design/methodology/approach
Research in key technologies is conducted including synchronization technique in distributed heterogeneous database system, the grid-oriented passenger service record (PSR) data storage model, efficient access to massive PSR data under high concurrency condition, the linkage between face recognition service platforms and various terminals in large scenarios, and two-factor authentication of the e-ticket identification code based on the key and the user identity information. Focusing on the key technologies and architecture the of existing ticketing system, multiple service resources are expanded and developed such as electronic ticket clusters, PSR clusters, face recognition clusters and electronic ticket identification code clusters.
Findings
The proportion of paper ticket printed has dropped to 20%, saving more than 2 billion tickets annually since the launch of the application of E-ticketing nationwide. The average time for passengers to pass through the automatic ticket gates has decreased from 3 seconds to 1.3 seconds, significantly improving the efficiency of passenger transport organization. Meanwhile, problems of paper ticket counterfeiting, reselling and loss have been generally eliminated.
Originality/value
E-ticketing has laid a technical foundation for the further development of railway passenger transport services in the direction of digitalization and intelligence.
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Huifeng Pan, Zhiqiang Liu and Hong-Youl Ha
Prior hospitality studies have reviewed review trustworthiness and perceived price as predictors of restaurant selection. However, the impacts of these two factors may vary by…
Abstract
Purpose
Prior hospitality studies have reviewed review trustworthiness and perceived price as predictors of restaurant selection. However, the impacts of these two factors may vary by sales promotion and customer types. This study aims to determine whether sales promotions and customer type are the key elements that facilitate behavioral intentions by moderating the linkage between perceived price and behavioral intentions as well as the linkage between online review trustworthiness and behavioral intentions.
Design/methodology/approach
Analysis of the responses of 533 individuals familiar with the Michelin Guide for restaurants in Seoul provided evidence supporting a sales promotion theory wherein promotions signal benefits in consumers’ minds.
Findings
The findings show that when perceived price is positive and the trustworthiness of online reviews is high, repeat customers prefer mixed coupons to price discounts. Notably, the results indicate that when the trustworthiness of online reviews is high, first-time customers also prefer mixed coupons to price discounts. Furthermore, the findings suggest that negative evaluations of perceived price increase the impact of mixed coupons by signaling to first-time customers that given restaurants’ offerings provide monetary benefits regardless of their intentions to revisit said restaurants.
Research limitations/implications
The study findings provide insights that should help managers better understand various levels of promotion. Managers can design their pricing strategies to strengthen customers’ motivations to visit their restaurants – the very thing customers often seek in sales promotions.
Originality/value
This study provides indisputable evidence for a sales promotion theory, wherein promotions signal benefits in consumers’ minds; however, it also shows that first-time and repeat customers do not respond equally to sales promotions.
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Lixu Li, Zhiqiang Wang and Xiande Zhao
Although supply chain finance (SCF) aims to optimize capital flows in the supply chain process, its effectiveness in improving cost performance remains controversial. From the…
Abstract
Purpose
Although supply chain finance (SCF) aims to optimize capital flows in the supply chain process, its effectiveness in improving cost performance remains controversial. From the perspective of efficiency motives, this study aims to explore how the combinations of SCF solutions and traditional financing instruments lead to supply chain cost reduction.
Design/methodology/approach
A mixed-method approach is used in this study. First, using the fuzzy-set qualitative comparative analysis (fsQCA), the authors analyze 405 survey data across four industries in China and identify the configurations of financing instruments for supply chain cost reduction. Second, to better understand the reasons behind each configuration, the authors conduct the content analysis on the interview data composed of 24 Chinese companies.
Findings
The authors find that the effectiveness of SCF solutions for supply chain cost reduction is related to the focal company's use of traditional financing instruments. Moreover, compared with guaranteed financing, companies that use credit financing are more likely to adopt SCF solutions to achieve supply chain cost reduction. Finally, the effectiveness of SCF solutions in reducing supply chain costs varies greatly across industries.
Practical implications
The study’s findings provide insights for policymakers and SCF practitioners in the aspects of simplifying the SCF application.
Originality/value
This study contributes to the current literature by addressing the theory–practice gap related to SCF. The study also provides new understandings of factors related to supply chain cost reduction, as well as factors that influence SCF adoption.
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Zhiqiang Liu and Chenmiao Wang
This study explores whether and how financial agglomeration affects enterprise specialization, and whether it weakens the division effects of logistics accessibility.
Abstract
Purpose
This study explores whether and how financial agglomeration affects enterprise specialization, and whether it weakens the division effects of logistics accessibility.
Design/methodology/approach
Using the panel data of A-share listed companies in the Chinese manufacturing industry from 2010 to 2018, the authors test the hypotheses of the research framework by constructing a double fixed effect model.
Findings
First, for every 1% increase in financial agglomeration and logistics accessibility, enterprise specialization will increase by 1.8% and 5.6%. Meanwhile, financial agglomeration weakens the division effects of logistics accessibility. After a multiple robustness test, the above conclusions still hold. Second, the mechanism test shows that financial agglomeration can promote enterprise specialization through cost saving effect, scale expansion effect and technological progress effect. Third, financial agglomeration has a stronger positive impact and negative moderating effect on enterprise specialization in periphery areas and small-scale enterprises, but logistics accessibility is more likely to increase enterprise specialization in core regions and small-scale firms.
Practical implications
In the context of the global value chain (GVC) reshaping caused by the transformation of the international situation, exploring the relationship among financial agglomeration, logistics accessibility and enterprise specialization based on China’s experience can be an important insight for other emerging economies to enhance their position in the GVC.
Originality/value
The above findings enrich the literature on the division of labor among firms and contribute to the further improvement of GVC theory and division theory.
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Wenchao Duan, Yiqiang Yang, Wenhong Liu, Zhiqiang Zhang and Jianzhong Cui
The purpose of this paper is to reveal the solute segregation behavior in the molten and solidified regions during direct chill (DC) casting of a large-size magnesium alloy slab…
Abstract
Purpose
The purpose of this paper is to reveal the solute segregation behavior in the molten and solidified regions during direct chill (DC) casting of a large-size magnesium alloy slab under no magnetic field (NMF), harmonic magnetic field (HMF), pulsed magnetic field (PMF) and two types of out-of-phase pulsed magnetic field (OPMF).
Design/methodology/approach
A 3-D multiphysical coupling mathematical model is used to evaluate the corresponding physical fields. The coupling issue is addressed using the method of separating step and result inheritance.
Findings
The results suggest that the solute deficiency tends to occur in the central part, while the solute-enriched area appears near the fillet in the molten and solidified regions. Applying magnetic field could greatly homogenize the solute field in the two-phase region. The variance of relative segregation level in the solidified cross-section under NMF is 38.1%, while it is 21.9%, 18.6%, 16.4% and 12.4% under OPMF2 (the current phase in the upper coil is ahead of the lower coil), HMF, PMF and OPMF1 (the current phase in the upper coil lags behind the lower coil), respectively, indicating that OPMF1 is more effective to reduce the macrosegregation level.
Originality/value
There are few reports on the solute segregation degree in rectangle slab under magnetic field, especially for magnesium alloy slab. This paper can act a reference to make clear the solute transport behavior and help reduce the macrosegregation level during DC casting.
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Guangjin Chen, Peng Lu, Zeyan Lin and Na Song
This paper aims to introduce the history and major achievement of the Chinese private enterprise survey (CPES), which is one of the most enduring large-scale nationwide sample…
Abstract
Purpose
This paper aims to introduce the history and major achievement of the Chinese private enterprise survey (CPES), which is one of the most enduring large-scale nationwide sample surveys in China, providing important micro firm-level data for understanding and studying the development of Chinese enterprises and entrepreneurs over the past 26 years.
Design/methodology/approach
The main body of this paper is based on a bibliometric analysis of all literature using CPES until 2017.
Findings
This paper discusses problems that users may encounter during data mining. By doing so, it can assist other researchers to get a better understanding of what has been done (e.g. journals, topics, scholars and institutions) and do their research in a more targeted way.
Research limitations/implications
As members of the survey project team, the authors also take a prospect of the future data design and use, as well as offer some suggestions about how to use the CPES data to improve high-quality development and business environment evaluation in China.
Originality/value
This paper is the first to provide an overall picture of academic papers in China and abroad that have used the CPES data.
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