Search results

1 – 10 of 534
Article
Publication date: 17 July 2020

Suwongrat Papangkorn, Pattanaporn Chatjuthamard, Pornsit Jiraporn and Piyachart Phiromswad

This study aims to examine whether co-opted directors influence analysts’ recommendations. As information intermediaries, financial analysts should incorporate the quality of…

Abstract

Purpose

This study aims to examine whether co-opted directors influence analysts’ recommendations. As information intermediaries, financial analysts should incorporate the quality of corporate governance into their valuation because well-governed firms are associated with lower agency costs and better performance. Co-opted directors are those appointed after the incumbent chief executive officer assumes office. The authors investigate whether board co-option has an effect on analyst recommendations.

Design/methodology/approach

The present study uses univariate analysis, multi-variate regression analysis and conduct a natural experiment using the Sarbanes-Oxley as an exogenous shock.

Findings

The results show that firms with fewer co-opted directors tend to receive more favorable recommendations, suggesting that analysts favor firms with strong corporate governance. The results hold even after controlling for various firm characteristics, including the traditional measures of board quality, i.e. board size and independent directors.

Originality/value

The paper is the first of its kind and offers evidence on the effect of co-opted directors on analyst recommendations. The results contribute to the literature both in corporate governance and in financial intermediaries, where analysts play a crucial role in providing information to the various participants in financial markets.

Details

Corporate Governance: The International Journal of Business in Society, vol. 20 no. 6
Type: Research Article
ISSN: 1472-0701

Keywords

Article
Publication date: 18 May 2015

Mohammad Akhtar and Raj Kumar Mittal

The paper aims to study the implementation issues and managerial practices impacting the success of strategic performance management system in Indian industry. It has been…

2424

Abstract

Purpose

The paper aims to study the implementation issues and managerial practices impacting the success of strategic performance management system in Indian industry. It has been empirically validated in Indian oil industry. As number of companies adopting SPM has not been able to reap benefit of SPM implementation, a study has been conducted to find reasons in Indian industry. The findings are discussed, and implications for researchers and practitioners are provided in this paper. Limitations and suggestions for further research are also given at the end of the paper.

Design/methodology/approach

From the literature review, research problem, critical implementation issues and dimensions of effectiveness of the SPM system have been identified. Accordingly research objectives and hypothesis have been designed and tested by conducting survey in Indian oil industry. The hypothesis that implementation issues are positively impacting the effectiveness parameters of SPM system has been empirically validated using univariate, correlation analysis and multi-variate analyses, t-test, F-test and regression analysis. The validated model has been presented.

Findings

A number of critical implementation issues are positively impacting different dimensions of the SPM system effectiveness. SPM managerial/implementation issues such as the use of SPM by top management, selection of right and adequate performance measures, SPM implementation by champions, the use of SPM as a strategic tool, quality and flow of data, incentive scheme aligned with SPM and good organisational acceptance of SPM are critical implementation issues of SPM which affect different dimensions, viz., strategic alignment, strategic monitoring, financial, customer, internal process and learning objectives of the enterprise.

Research limitations/implications

The objective was to study SPM implementation issues and its impact of SPM effectiveness. Indian oil industry being early adopters of the advance SPM methodology and tools, has been chosen for the study and empirical validation. The validated model provides a better insight on the linkages of SPM implementation factors with different dimensions of SPM to researchers and practitioners. The validated model can be help tool in SPM implementation, making SPM a success in driving performance improvements in the organisations. Though recommendations are general, a comparatively large sample size across different industries and sectors combining quantitative and qualitative study would further enhance the utility and reliability of the model.

Practical implications

The validated model provides guidelines to practicing managers on critical implementation and managerial issues to be taken care of in the SPM system implementation.

Originality/value

The research problem has been identified based on literature review. Research objectives and hypotheses have been framed and empirically validated. It provides insight of the effect of implementation issues on different dimensions of SPM effectiveness. The study has filled the research gap of such a study in Indian industries. The validated model provides guidelines to practitioners and researchers and contributes to the literature.

Details

Measuring Business Excellence, vol. 19 no. 2
Type: Research Article
ISSN: 1368-3047

Keywords

Article
Publication date: 10 June 2020

Ondřej Dvouletý and Marko Orel

This study aims to extend the existing body of literature on the individual-level determinants of self-employed persons with (employer entrepreneurs) and without employees (solo…

Abstract

Purpose

This study aims to extend the existing body of literature on the individual-level determinants of self-employed persons with (employer entrepreneurs) and without employees (solo self-employed individuals) from the perspective of four post-communist economies (i.e. Czech Republic, Hungary, Poland and Slovakia).

Design/methodology/approach

The methodological approach is based on the three harmonised waves (2005, 2010 and 2015) of the European Survey on Working Conditions (EWCS). Multi-variate logistic regression models are used to determine the individual-level differences among employees, solo self-employed individuals and job creators in the selected group of countries.

Findings

The results show significant differences among employees, solo self-employed individuals and job creators, especially when it comes to the role of age, gender, education, previous experience, number of working hours and their determination. Job creators in Visegrád countries have, on average, more years of experience, and higher levels of education (tertiary), than wage-employees.

Research limitations/implications

This study provides a series of recommendations for future research on the role of family- and household-related characteristics, entrepreneurship-specific education and migration background.

Originality/value

The previous research on individual determinants of entrepreneurial engagement in Visegrád region was mainly based on the data from the Global Entrepreneurship Monitor. This study offers a novel perspective based on the EWCS data.

Details

Journal of Enterprising Communities: People and Places in the Global Economy, vol. 14 no. 3
Type: Research Article
ISSN: 1750-6204

Keywords

Article
Publication date: 5 March 2018

Samuel Famiyeh and Amoako Kwarteng

The purpose of this paper is to examine how the various supplier selections construct impacts on firm’s operational competitive capability as well as an overall performance from a…

1194

Abstract

Purpose

The purpose of this paper is to examine how the various supplier selections construct impacts on firm’s operational competitive capability as well as an overall performance from a developing country’s environment.

Design/methodology/approach

Structural equation modeling was used to study the relationship between supplier selection criteria, competitive operational capabilities and overall organizational performance using survey of informants.

Findings

In this work, the authors demonstrate that an effective supplier selection will lead to an enhanced competitive capability of the buying firm. Specifically, the authors show that selecting suppliers based on quality will lead to an improved quality of the buying firm, service will lead to improved delivery time and supplier strategic fit will lead to reduced cost, improved delivery time and improved flexibility of the buying firm. Furthermore, the buying firm competitive operational capabilities in terms of improved delivery time will lead overall performance from the Ghanaian business environment. The results indicate no significant difference between the manufacturing and service sectors.

Research limitations/implications

The results indicate the relevance and the implications of the various supplier selection criteria from a developing country’s environment such as Ghana.

Practical implications

The research shows how supplier selection criteria should be structured to enhance operational competitive capabilities and overall performance of the buying firm.

Originality/value

The work illustrates and provides some insights and build on the literature in the area of supply selection strategies from a developing country’s environment.

Details

International Journal of Quality & Reliability Management, vol. 35 no. 3
Type: Research Article
ISSN: 0265-671X

Keywords

Article
Publication date: 24 February 2022

Muhammad Asad Jan, Bushra Hasan Jan, Shakeel Ahmad and Younas Khan

The study was conducted with the primary objective of measuring the association between the disputant’s expenses and Dispute Resolution Council (DRC) effectiveness in the study…

Abstract

Purpose

The study was conducted with the primary objective of measuring the association between the disputant’s expenses and Dispute Resolution Council (DRC) effectiveness in the study area.

Design/methodology/approach

The current study followed a quantitative research design. To obtain the study objectives, data was collected from a sample of 387 respondents in the selected three Tehsils of District Mardan, Pakistan. The respondents were selected through multistage stratified random sampling. At bivariate and multivariate level analyses, chi-square test and Gamma (γ) test statistics were used to test the relationship between variables (expenses of the disputants and effectiveness of DRC). Gender, monthly income and literacy status were used as control variables at the multivariate level.

Findings

At the bivariate level analysis, the study found a significant association (P = 0.05) of office of DRC is easily accessible, DRC as a cost-effective justice system as compared to other, availability of a vehicle to reach the DRC office and affordable amount for preparation of documents and filing the case with the effectiveness of DRC. At the multivariate level, the study portrayed that the expenses of the disputants enhance the effectiveness of DRC in males to a greater extent than females. However, the costs of the disputants were a universal feature to explain the efficacy of DRC irrespective of monthly income and literacy status.

Research limitations/implications

The present study was limited to cost and expenditure of the disputants which was associated with effectiveness of DRC with collaboration of gender, monthly income and literacy status. Moreover, a representation of “387” was only selected but it was enough for validity and reliability of the research dynamics.

Practical implications

The current study is highly significant for the policymakers for devising alternate policies for disputes resolution as the study focused on the cost and expenditure and recommend suggestions that how to improve the effectiveness of DRC in easy and timely disposal of disputes.

Social implications

The main objectives of the study is to examine the association between cost and expenditure of the disputant and effectiveness of DRC. In addition, to measure the influence of gender, income and literacy status on the association between the association between cost and expenditure of the disputant and effectiveness of DRC.

Originality/value

The current study is highly significant for policymakers to devise alternate policies for dispute resolution. The study focused on the cost and expenditure and recommended suggestions for improving the effectiveness of DRC in easy and timely disposal of disputes.

Details

Journal of Aggression, Conflict and Peace Research, vol. 14 no. 3
Type: Research Article
ISSN: 1759-6599

Keywords

Article
Publication date: 11 November 2020

Sirje Virkus and Anmar Salman

This study aims to increase the understanding of the connection between effective leadership behaviours and information culture in the higher education institution (HEI).

1170

Abstract

Purpose

This study aims to increase the understanding of the connection between effective leadership behaviours and information culture in the higher education institution (HEI).

Design/methodology/approach

A qualitative case study was conducted at one department of an HEI in Estonia. This study used semi-structured interviews and document analysis for data collection. The hypothesis-generating technique applying grounded theory analysis was used for data analysis.

Findings

The information culture of the department was a multiple culture with mixed attributes from the relationship-based culture and the risk-taking culture. Six main effective leadership behaviours within the department were identified, namely, communicating well about the direction the department is going, having a clear sense of direction and strategic vision, providing resources for and adjusting workloads to stimulate scholarship and research, making academic appointments that enhance department’s reputation, allowing the opportunity to participate in key decisions and encouraging open communication and creating a positive and collegial work atmosphere. The main hypotheses that illustrate the influence of effective leadership behaviours on information culture were generated.

Practical implications

The findings of this study can inform the training of future leaders in HEIs.

Originality/value

There is a lack of research in higher education that focuses on the relationship between leadership and information culture, and this research fills this gap.

Details

Global Knowledge, Memory and Communication, vol. 70 no. 4/5
Type: Research Article
ISSN: 2514-9342

Keywords

Article
Publication date: 19 October 2020

Ibtissem Baklouti

This paper is an empirical study of the effect of the characteristics of the Sharia supervisory board (SSB) on the financial performance of Islamic banks.

Abstract

Purpose

This paper is an empirical study of the effect of the characteristics of the Sharia supervisory board (SSB) on the financial performance of Islamic banks.

Design/methodology/approach

Using 42 Middle East and North Africa (MENA) Islamic banks outside the Gulf Cooperation Council (GCC) and non-Islamic countries during the 2011/2018 period, a random-effects generalized lease square method for the regression analyzes is applied.

Findings

The obtained results show that the characteristics of the SSB affect the financial performance of Islamic banks. The results also affirm that a large-sized board of directors and the number of SSB meetings improve banking performance while the cross-mandate seems to destroy it. On the other hand, the SSB members’ competence and reputation and the proportion of women sitting in SSB have no impact on the financial performance of Islamic banks.

Research limitations/implications

This paper gives a comprehensive literature survey on the effect of the characteristics of the SSB on the financial performance of Islamic banks.

Practical implications

This study offers insights into the practitioner and Islamic banking regulators interested in enhancing the legitimacy of corporate governance in Islamic financial institutions.

Originality/value

This paper is among the few studies that investigate the effect of the characteristics of SSB on the financial performance of Islamic banks in particular in Islamic banks in the MENA region outside the GCC and in non-Islamic countries.

Details

Journal of Islamic Marketing, vol. 13 no. 2
Type: Research Article
ISSN: 1759-0833

Keywords

Article
Publication date: 1 February 2015

Tan Khee Giap, Nguyen Le Phuong Anh and Ye Ye Denise

Nearly five decades after undergoing a structural transformation and navigating several external shocks, both Singapore and Malaysia are now grappling with some crucial policy…

Abstract

Purpose

Nearly five decades after undergoing a structural transformation and navigating several external shocks, both Singapore and Malaysia are now grappling with some crucial policy challenges that necessitate a course-correction in order to sustain their growth momentum, going forward. In light of the renewed interest in understanding the growth constraints faced by the two countries, this paper aims to empirically explore the drivers of economic growth in both Singapore and Malaysia, using data from 1975 to 2012.

Design/methodology/approach

The paper employs a novel empirical approach-the Geweke causality analysis-to investigate the causal drivers of economic growth in Singapore and Malaysia. Intuitively, the Geweke causality analysis helps us understand and measure the linear dependence and feedback between multiple time series variables. To that effect, we perform both a bi-variate as well as a multi-variate causality analysis.

Findings

The empirical results established using Geweke causality analysis suggest that Malaysia's new development trajectory should lie in rebalancing the economy toward greater domestic demand and building a robust services sector. The results also suggest that Singapore, on the other hand, should embrace a growth model that goes beyond relying heavily on foreign direct investment (FDI) as a source of economic growth as the linear dependence between FDI and real GDP growth appears to be weaker compared to the linear dependence between the remaining variables and the real GDP growth.

Originality/value

While the traditional growth accounting framework provides useful insights at the aggregate level, there is a growing literature that discusses the importance of sectoral analysis to understand structural transformations in the economies which become important to sustain productivity growth in the long-run. This is immensely relevant in the case of Malaysia and Singapore, as well, especially with the changing policy focus in these countries to overcome structural growth issues. In light of this growing discussion on the importance of understanding the growth dynamics at the sectoral level, this paper presents new empirical evidence on the growth drivers in Singapore and Malaysia with a sectoral focus.

Details

Journal of Centrum Cathedra: The Business and Economics Research Journal, vol. 8 no. 2
Type: Research Article
ISSN: 1851-6599

Keywords

Article
Publication date: 1 August 1990

Kenneth Mullen

In this paper I will analyse the nature of the relationship between area and health in cities. Although it has long been known that mortality and morbidity are unevenly…

Abstract

In this paper I will analyse the nature of the relationship between area and health in cities. Although it has long been known that mortality and morbidity are unevenly distributed within urban environments (Stamp, 1964; Learmonth, 1988) it remains problematic as to how these differences should be explained. In the present paper I will present detailed information on the spatial distibution of mortality, morbidity, and health services in cities and consider the explanations which have been put forward to account for them. Research which has considered this topic covers various fields; medical geography, medical ecology, epidemiology, and sociology, and has utilised numerous methodological approaches, from straightforward mapping techniques to complex multi‐variate analysis. Research has also been carried out across the world. However, because differences in the political and social organisation of cities can have an effect on health, and these structural differences vary from country to country, I have restricted the current review to work carried out in the cities of the developed world as studies are more comparable.

Details

International Journal of Sociology and Social Policy, vol. 10 no. 8
Type: Research Article
ISSN: 0144-333X

Article
Publication date: 15 March 2011

Andrea Lucarelli and Per Olof Berg

The aim of the paper is to carry out a contemporary and concise “state‐of‐the‐art” review of the city branding research domain, in particular how scholars have approached this…

8903

Abstract

Purpose

The aim of the paper is to carry out a contemporary and concise “state‐of‐the‐art” review of the city branding research domain, in particular how scholars have approached this field of study, what aspects of city branding have been studied, what cities have been chosen, and how the studies are designed.

Design/methodology/approach

Through an iterative search in multiple literature databases, 217 qualified research studies on city branding were identified and retrieved. Those studies were examined, analyzed and categorized according to six categories: bibliographical data, methodologies used, empirical foundation, conceptual frameworks, branding elements, and reported outcomes of branding efforts.

Findings

City branding is emerging as an internationally recognized research domain characterized by a high degree of multi‐disciplinary, rapid proliferation in and between disciplines, and a somewhat fragmented theoretical foundation. On the basis of research interests, three perspectives were identified (producing, consuming, and criticizing city branding) emerging across academic disciplines

Research limitations/implications

The study is based on research articles in English, published in academic journals, which limits the international and professional scope of the study. Another limitation is the selected time period, which does not include studies prior to 1988 or later than 2009.

Originality/value

As a state‐of‐the‐art review, the main contribution of this paper is a contemporary and comprehensive overview of the field as such. A methodological contribution is the attempt to run a multi‐variate analysis of the branding elements in relation to the output and performance data reported in the studies. Another contribution is the identification of three cross‐disciplinary research perspectives in the field today.

Details

Journal of Place Management and Development, vol. 4 no. 1
Type: Research Article
ISSN: 1753-8335

Keywords

1 – 10 of 534