scholarly journals Stakeholder pressure for sustainability: Can ‘innovative capabilities’ explain the idiosyncratic response in the manufacturing firms?

2020 ◽  
Vol 29 (6) ◽  
pp. 2635-2653 ◽  
Author(s):  
Suresh Kumar Jakhar ◽  
Arijit Bhattacharya ◽  
Himanshu Rathore ◽  
Sachin Kumar Mangla
2018 ◽  
Vol 19 (3) ◽  
pp. 184-200
Author(s):  
Anne-Laure Le Nadant ◽  
Frédéric Perdreau

Using Community Innovation Survey data from France, we provide an empirical analysis of the innovative efforts of a sample of manufacturing firms that underwent a leveraged buyout. We find no evidence that LBOs have a negative effect on firm level of innovation expenditure. In contrast, results suggest that buyouts have a positive effect on incremental innovation and that private equity firms help to make innovation spending more effective and even more efficient. It could be that private equity firms help the company to focus on its core innovative capabilities and bring innovative products to the market without increasing innovation spending.


2019 ◽  
Vol 57 (4) ◽  
pp. 904-920 ◽  
Author(s):  
Suresh Kumar Jakhar ◽  
Sachin Kumar Mangla ◽  
Sunil Luthra ◽  
Simonov Kusi-Sarpong

Purpose The purpose of this paper is to explore the impact of stakeholder pressures on firm’s circular economy (CE) initiatives. The organizational responses are quite heterogeneous even when the firms face similar pressure. The authors have tried to explain this heterogeneity by using innovative capability as mediating variables. Design/methodology/approach Empirical survey data from Indian manufacturing firms are obtained to test the proposed hypotheses. The hypotheses are grounded in resource-based view of the firm. The authors used structural equation modeling approach with maximum likelihood methods of approximation. Findings The results indicate that exploratory innovation positively influences the firms to adopt CE practices. Whereas, exploitative innovation capability inhibits the adoption of CE practices. Practical implications This study guides business managers to focus on develop exploratory innovative capabilities before the adoption of CE practices. This study also provides guidance to policy maker about the role of regulatory mechanism plays to encourage/inhibits firms for adoption of CE practices. Originality/value This is first study to analyze the idiosyncratic behavior of the firms when subjected to stakeholder pressure for CE practices adoption. Innovative capabilities (exploratory/exploitative) are able to explain the reason for diverse response to stakeholder response.


2020 ◽  
pp. 47-62
Author(s):  
Andrei A. Yakovlev ◽  
Nina V. Ershova ◽  
Olga M. Uvarova

The paper analyzes the shifts in government priorities in terms of support of big and medium manufacturing enterprises amid 2008—2009 and 2014—2015 crises. Based on the data of 2009, 2014 and 2018 surveys of Russian manufacturing firms, using logit regressions we identify factors that affect the receipt of financial and organizational support at different levels of government. The analysis shows that in 2012—2013 the share of manufacturing firms that received state support shrank significantly as compared to 2007—2008; moreover, the support concentrated on enterprises that had access to lobbying resource (such as state participation in the ownership or business associations membership). In 2016—2017 the scale of state support coverage recovered. However, the support at all levels of government was provided to firms that carried out investment and provided assistance to regional or local authorities in social development of the region, while the factor of state participation in the ownership became insignificant. The paper provides possible explanation for these shifts in the criteria of state support provision in Russia.


2009 ◽  
pp. 100-110 ◽  
Author(s):  
A. Yakovlev

The paper considers the behavior of Russian enterprises during the current crisis using the data of the latest survey of 1000 manufacturing firms. Special attention is paid to features of firms planning big investment for the next 12 months. The links between current investment plans, previous investment in 2005-2008 and other factors are shown. Finally we analyze the most important barriers for doing business from the point of view of investors.


Author(s):  
Bich Le Thi Ngoc

The aim of this study is to analyze empirically the impact of taxation and corruption on the growth of manufacturing firms in Vietnam. The study employed pooled OLS estimation and then instrument variables with fixed effect for the panel data of 1377 firms in Vietnam from 2005 to 2011. These data were obtained from the survey of the Central Institute for Economic Management and the Danish International Development Agency. The results show that both taxation and corruption are negatively associated with firm growth measured by firm sales adjusted according to the GDP deflator. A one-percentage point increase in the bribery rate is linked with a reduction of 16,883 percentage points in firm revenue, over four and a half times bigger than the effect of a one-percentage point increase in the tax rate. From the findings of this research, the author recommends the Vietnam government to lessen taxation on firms and that there should be an urgent revolution in anti-corruption policies as well as bureaucratic improvement in Vietnam.


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