scholarly journals Corporate Reorganization Reform in China: Findings from an Empirical Study in Zhejiang

2016 ◽  
Vol 11 (1) ◽  
pp. 55-85 ◽  
Author(s):  
Zinian ZHANG ◽  
Roman TOMASIC
Keyword(s):  
Empirical Study ◽  
Empirical Data ◽  
Bankruptcy Law ◽  
Corporate Reorganization ◽  
Corporate Rescue ◽  
Corporate Reorganizations

AbstractIn 2006, China enacted its first rescue-oriented Enterprise Bankruptcy Law with the aim of establishing its corporate rescue culture. But the corporate reorganization procedure that is at the heart of the new bankruptcy law has not been used frequently. It is appropriate to ask why the use of China’s new corporate rescue law has been so low. Meanwhile, in the existing corporate reorganizations under the 2006 Law, most debtors were excluded from the reorganization process, so that the Chinese new debtor-in-possession model, which seems to be a desirable control format, was largely shelved. Why so? This article explores these two issues through the use of empirical data collected from Zhejiang, a province with a significantly larger number of reorganizations than most other Chinese provinces.

Sustainability Disclosure and the Financialization of Social Sustainability

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Daniela Woschnack ◽  
Stefanie Hiss ◽  
Sebastian Nagel ◽  
Bernd Teufel
Keyword(s):  
Content Analysis ◽  
Empirical Study ◽  
Financial Performance ◽  
Financial Market ◽  
Empirical Data ◽  
Qualitative Content Analysis ◽  
Social Sustainability ◽  
Rating Agencies ◽  
Sustainability Disclosure ◽  
Definition Of

Abstract This empirical study explores the financialization of social sustainability driven by sustainability accounting and reporting initiatives (SARIs). Since no globally accepted definition of what social sustainability encompasses exists, the paper asks how social sustainability is translated into the financial market language by SARIs as they provide standards for disclosing corporate non-financial performance and promote their concepts of social sustainability. The paper uses a two-step qualitative content analysis. First, it operationalizes social sustainability based on the empirical data of six sustainability rating agencies. Second, this operationalization is compared with the concepts created by three SARIs. The paper shows significant differences between the concepts of the SARIs and the rating agencies. While the rating agencies altogether interpret social sustainability with 83 distinct aspects, the SARIs, although differently created, use significant reduced concepts where 20% of these aspects are absent. The result of this financialization process could be a simplified and financially determined concept of social sustainability within die socially discourse. The research is limited to social sustainability and its financialization by SARIs. Individual indicators and their way or intensity to capture aspects of social sustainability were not part of the research interest. Further research should investigate the economic and the ecological pillars of sustainability as well as the usage of such financialized concepts within the society and especially by corporations. The paper unfolds the arbitrariness of operationalizing a qualitative phenomenon like social sustainability through the financial system. It discloses the need for looking at the mechanisms behind such processes and at the interests of the actors behind the frameworks. The paper reveals the financialization process driven by SARIs and demonstrates its simplifying effects on the concept of social sustainability. Furthermore, the paper shows that SARIs as metrics for non-financial aspects are troubled with a lack of transparency and a lack of convergence.

scholarly journals What is Crafts Entrepreneurship? The Development of its Definition Through Entrepreneurs` and Consumers` Perceptions

2021 ◽  
Author(s):  
Anzelika Smagina ◽  
◽  
Iveta Ludviga ◽  
Keyword(s):  
Empirical Study ◽  
Empirical Data ◽  
General Public ◽  
Qualitative Methodology ◽  
Creative Industries ◽  
Theoretical Knowledge ◽  
Structured Interviews ◽  
Survey Questions ◽  
Daunting Task ◽  
Definition Of

Defining craft entrepreneurship has been a challenge for many scholars and researchers in different countries. Not only because of the multidimensional nature of entrepreneurship, but also because of the differences in national regulations setting boundaries for each sector of the economy. Thus, in some countries, craft is a part of the Creative Industries, but in others it is considered as an independent sector of the economy. Understanding what craft is and how craft products can be differentiated and defined has also been a daunting task. Thus, consolidating theoretical knowledge on entrepreneurship and craft entrepreneurship gained from the literature with the results of an empirical study carried out among craft entrepreneurs and consumers of craft products, this study aims to conceptualize craft entrepreneurship and to develop propositions for the definition of craft entrepreneurship by integrating the meaning attributed to craft entrepreneurship and its specifics by craft entrepreneurs with the perception and meaning assigned to craft products and services by consumers. This study applies qualitative methodology and data gathered using semi-structured interviews and open-ended survey questions. 20 craft entrepreneurs represent a perspective of entrepreneurs about entrepreneurship and its specifics in the craft sector, whereas 445 consumers reflect the opinion of the general public about craft and craft-related products. The results of the study indicate that craft entrepreneurship is undoubtedly connected to handmade products, national traditions, small ventures and craft markets and fairs, where craft entrepreneurs commercialize their produce. Although numerous scholars have already attempted to conceptualize craft entrepreneurship theoretically, the contribution of this study is in its integrated application of theoretical and empirical data reflecting the perspectives of entrepreneurs and consumers.

Dynamics of development of hardiness as a factor in the formation of successful activity in the population future teachers – psychologists

2021 ◽  
Vol 47 (2) ◽  
pp. 89-101
Author(s):  
K.S. Dyssembekova ◽  
◽  
K.M. Nagimjanova ◽  
Keyword(s):  
Theoretical Analysis ◽  
Empirical Study ◽  
Empirical Data ◽  
Literature Analysis ◽  
Future Teachers ◽  
Model Dynamics ◽  
Main Components ◽  
The Impact

The article presents a systematic theoretical analysis of the phenomenon of «hardiness». The main components of hardiness and their relationship are described. Features of formation of successful activity in the course of students, hardiness are defined. The influence of the components of hardiness on the formation of successful activity is characterized. The results of an empirical study of the level of hardiness of future teachers – psychologists are presented. On the basis of empirical data and literature analysis, the model «Dynamics of the development of hardiness in future teachers – psychologist» is built. Attempts are made to concretize the accumulated theoretical experience about the phenomenon of hardiness and its connection with successful activity. The results of measuring the dynamics of the development of hardiness in future teachers – psychologists and the impact on the formation of their successful activities are presented.

An Empirical Study to Find the Road-map for Understanding Online Buying Practices of Indian Youths

2017 ◽  
Vol 7 (1) ◽  
pp. 1-15 ◽  
Author(s):  
Subhajit Bhattachary ◽  
Vijeta Anand
Keyword(s):  
Empirical Study ◽  
Empirical Data ◽  
Online Retail ◽  
Online Store ◽  
The Road ◽  
Brand Association ◽  
Road Map ◽  
High Level ◽  
Online Buying

The growing importance & popularity of online buying is very much substantial and quite evident in India these days. In this present study, there is a truthful attempt to identify the component which are having connections with online retail brand association and studding the process to construct brand association with the effects of the different influencers pertaining to online buying. The present study also focuses in explaining how that brand association converts into buying intentions of Indian youth customer. The research is based on empirical data. The outcomes of this current research will be helpful for the online marketers, online store developers, online store promotion managers and consultants to take a deeper look into what best can be done with the online retail brands to generate a high level of connectivity with the Indian youth market.

INNOVATION CAPABILITY AND OPEN INNOVATION AND ITS IMPACT ON PERFORMANCE IN SMES: AN EMPIRICAL STUDY IN CHILE

2020 ◽  
pp. 2150039
Author(s):  
OMAR CARRASCO-CARVAJAL ◽  
DOMINGO GARCÍA-PÉREZ-DE-LEMA
Keyword(s):  
Empirical Study ◽  
Risk Taking ◽  
Empirical Data ◽  
Open Innovation ◽  
Positive Influence ◽  
Innovation Capability ◽  
Partial Least Squares Analysis ◽  
Strategic Objectives ◽  
Innovation Practices ◽  
Positive Effect

The objective of this research is to analyse how risk-taking, commitment to learning, and innovation capability — in SMEs — can favour inbound and outbound open innovation practices, and if open innovation practices help their performance. To test the hypotheses simultaneously, partial least squares analysis (PLS-SEM) was used along with the empirical data obtained from 194 interviews with Chilean’s executives of manufacturing SMEs between 10 and 250 employees. The results obtained show that commitment to learning and risk-taking have a positive effect on innovation capability. Our study has shown how innovation capability has a significant and positive influence on inbound and outbound practices. In the field of performance, our research has verified that inbound practices have a positive influence on the performance of the SME. Finally, it shows managers the way to select open innovation practices that most benefit the strategic objectives of the SME.

Corporate Networks and the Spatial and Functional Reorganizations of Large Firms

1995 ◽  
Vol 27 (10) ◽  
pp. 1627-1645 ◽  
Author(s):  
F Li
Keyword(s):  
Analytical Framework ◽  
Space And Place ◽  
Large Firms ◽  
Corporate Reorganization ◽  
Systematic Analysis ◽  
Corporate Networks ◽  
Wide Range ◽  
Urban And Regional Development ◽  
Corporate Reorganizations

In this paper a new analytical framework is developed to examine the emergent spatial and functional reorganizations of large firms that are intimately related to the use of corporate networks. The framework is developed through a systematic analysis of the various types of relationships between information technology and corporate reorganization, and the identification of the key elements and dimensions of corporate reorganizations. It allows for specific organizational changes to be understood within the overall context of corporate reorganization in the firm, and most of all, to be easily seen as in some way related to the use of corporate networks. Unlike previous studies in which the role of space and place has mostly been marginalized, in this inquiry geography is regarded as an integral part of the development of corporate networks and corporate reorganizations. By centrally focusing on the intersections between corporate networks, large firms, and geography, I conceptualize a wide range of phenomena that are observed in real organizations, and speculate on their implications for the future form of organizations and urban and regional development.

scholarly journals WHY VILLAGE FUND NOT YET PROMOTING ENVIRONMENTAL SUSTAINABILITY? AN EMPIRICAL STUDY OF VILLAGE FUND INCENTIVES IN CENTRAL JAVA PROVINCE, INDONESIA

2018 ◽  
Vol 7 (1) ◽  
pp. 171
Author(s):  
Djuwityastuti . ◽  
Wida Astuti
Keyword(s):  
Empirical Study ◽  
Environmental Sustainability ◽  
Empirical Data ◽  
Statistical Data ◽  
Sustainable Use ◽  
Physical Development ◽  
Central Java ◽  
Ministry Of Finance ◽  
Environmental Development ◽  
Central Java Province

<p>One of the purposes of granting village funds under Village Law Number 6 year 2014 is to support the rural development through the sustainable use of natural and environmental resources. Based on the statistical data from The Ministry of Finance Republic of Indonesia, the grant of village funding since 2015 has increased for each year. However, based on empirical data in The Central Java Province is still in the allocation for physical development (infrastructure sector) and far from environmental sustainability programs. Through research funded by Sebelas Maret University Surakarta, this article will describe (1) factors that hinder the sustainable environmental development and (2) how the way out that can be applied to support sustainable environmental development for subsequent years.</p>

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