scholarly journals Internationalization and Sustainable Operations: A Broad Investigation of China’s Manufacturing Firms with Implications for Emerging Markets

2020 ◽  
pp. 1-10
Author(s):  
Tiansen Liu ◽  
Yue Zhu ◽  
Xinpeng Xing

We investigate if internationalization behaviors encourage sustainable operations of China’s manufacturing firms due to their substantial impact on climate change and special governance modes, and organize a heterogeneity test to clarify what kind of internationalization behaviors can robustly influence such operations. We find that firms with abundant assets and heavy-polluting feature are more committed to sustainable operations. Getting close to international sustainability standards, international auditing standards, and international business all improve sustainable operations. Heterogeneity test further shows that compared with international standards, the positive impact of international business on sustainable operation lacks a robustness, which responds to an argument that for one country, international business acts as a double-edged sword. Overall, this paper reveals internationalization as a key indicator significantly influencing economic, ecological, and social spheres in manufacturing sectors of emerging markets, and complying with well-accepted international standards can be significantly embodied in a more optimistic sustainable operations. However, how to deal with international business in a right manner is a research highlight worthy of ongoing discussion. We focus on different types of internationalization behaviors, and this indicator can theoretically inspire future study to dialectically evaluate the role of internationalization in addressing sustainability problems in emerging markets’ pillar industries.

2020 ◽  
Vol 25 (2) ◽  
Author(s):  
Anh D. Pham ◽  
Men T. Bui ◽  
Dung P. Hoang

This research investigates the determinants of entrepreneurial intention among Vietnamese employees, a crucial segment of potential entrepreneurs yet mostly neglected in previous studies. Given the focus on intention to create an international business venture and the working segment, we expand the entrepreneurial event theory by supplementing perceived competence and job satisfaction as determinants of entrepreneurial intention while testing the mediation of perceived feasibility and perceived desirability in such relationships correspondingly. Three focus groups on 27 Vietnamese employees were conducted to explore the specific relevant competences and develop the conceptual model. Afterwards, data from an empirical survey on 567 Vietnamese employees was analysed using a partial least squares structural equation model to test the hypothesised relationships. The empirical results indicate that perceived competences, viz. administrative competence, communication skills, network building competence, and international business expertise have a positive impact on entrepreneurial intention. The relationships between either administrative competence, network building capacity or international business expertise, and entrepreneurial intention are totally mediated by perceived feasibility. The study also reveals a noteworthy finding about the negative direct effect of overall job satisfaction on entrepreneurial intention and the partial mediating role of perceived desirability in this relationship.


2018 ◽  
Vol 8 (1) ◽  
pp. 1-33
Author(s):  
Caleb Huanyong Chen ◽  
Allan KK Chan

Subject area International Expansion; Emerging Markets; Corporate Strategy; Strategic Management. Study level/applicability Senior undergraduate; MBA; EMBA. Case overview This case focuses on the international expansion of Hon Chuan Enterprise, a beverage packaging and filling company headquartered in Taiwan. The company has set foot in Africa after its development in mainland China and Southeast Asia. Its 41st factory has just started production in Mozambique, Africa. The African base may help the company reach the turnover milestone of NT$20bn (approximately US$640m) in the next year. This NT$20bn turnover has been a target every year since 2013, but they have so far failed to reach it. As an original equipment manufacturer (OEM) in beverage packaging and filling, Hon Chuan to some extent relies on customers that own brands. After losing a key customer in mainland China, the company has experienced a three-year slump that forced the company’s president, Hish-Chung Tsao, to modify his strategy. Africa was the new battlefield bearing his ambition. His intention was not just to add another manufacturing base, but to develop its own beverage brands as an OBM. Yet, how could this be achieved in Africa? It would be a new journey full of challenges. Africa was more complex than other markets. The company’s first factory there had just been established, and its future was still unknown. Expected learning outcomes This case is appropriate for courses in international business, emerging markets, corporate strategy and marketing management. After studying the case, students should be able to understand international expansion of a manufacturing company in emerging markets; understand several key emerging markets of the world and learn what CAGE distances are; identify Hon Chuan’s success factors, challenges and necessary capabilities for future development and then comprehend why it is important to upgrade from OEM to OBM; and learn how to develop beverage brands in emerging markets. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes. Subject code CSS 5: International Business.


2022 ◽  
Vol 30 (3) ◽  
pp. 0-0

With the rapid development of information technology, information security has been gaining attention. The International Organization for Standardization (ISO) has issued international standards and technical reports related to information security, which are gradually being adopted by enterprises. This study analyzes the relationship between information security certification (ISO 27001) and corporate financial performance using data from Chinese publicly listed companies. The study focusses on the impact of corporate decisions such as whether to obtain certification, how long to hold certification, and whether to publicize information regarding certification. The results show that there is a positive correlation between ISO 27001 and financial performance. Moreover, the positive impact of ISO 27001 on financial performance gradually increases with time. In addition, choosing not to publicize ISO 27001 certification can negatively affect enterprise performance.


2021 ◽  
Vol 25 (4) ◽  
pp. 537-542
Author(s):  
C.A. Odega ◽  
G.T. Anguruwa ◽  
C.O. Fakorede

Biodiesel is a fuel produced from renewable resources; it is a clean alternative fuel, which has drawn the attention of energy researchers for the last two decades due to the disturbing effect of climate change caused by diesel fuel. This paper focuses on showcasing the qualities of biodiesel produced from used vegetable oil and the positive impact on the alarming change in climate today. This paper presents an experimental investigation on production of biodiesel from used vegetable oil (UVO) gotten from a road side bean cake (akara) seller. The oil that was intended to be thrown out was de-odoured and filtered to remove impurities. The filtered oil was then used for biodiesel production and characterized with physical and fuel properties such as density, viscosity, cloud point, refractive index, specific gravity, ash content, moisture content, flash point and cloud point. The results obtained were afterwards compared to ASTM (American Society for Testing and Materials) and EN (Europe’s) international standards. Two biodiesels samples were produced at different temperatures but the same timings. The biodiesel were produced at 700C at 40mins (biodiesel A) and 1000C at 40mins (biodiesel B) with values of specific gravity (0.98 kg/m3; 0.90 kg/m3), density (936kg/m3; 882kg/m3), kinematic viscosity (1.5mm/s2; 5.5 mm/s2), cloud point (150C; 20C), flash point (2600C min; 2000C min), moisture content (0.07%; 0.04%), refractive index (1.4609; 1.4398) and ash point (0.24%; 0.01%) respectively. On comparison, biodiesel A couldn’t match up to the international standards while biodiesel matched up to the standards given.


In Financial Systems, the impact of Free Cash Flow (FCF) on the performance of a company has been in the center of academic discourse in recent years. Several studies have tried to ascertain the nature and magnitude of the relationship between free cash flow and firm profitability with conflicting results coming from different scholars. The main objective of this research work was to examine the impact of FCF on the profitability of quoted manufacturing firms in the Nigerian and Ghana stock exchanges. Data were pooled from twenty (20) different companies (ten each from Nigeria and Ghana) for a period of six years (2012 – 2017). A panel data estimation model was used to measure the impact of FCF and other performance metrics on the Return on Assets (ROA), which is our chosen profitability measure. The results show a positive but insignificant relationship between FCF and ROA both for Ghana and Nigerian manufacturing firms. Also, sales growth showed a positive impact on profitability of both countries while leverage negatively impacted on profitability. with Ghana being significant at 5%. The implication of the findings of the study is that it makes no business sense for companies to keep piling up excess funds beyond that which is needed for transactional purposes. The similarity between the results from Ghana and Nigeria in most of the variables shows that the findings of this study can be generalized to other countries. Based on the findings of the study, we recommend that the management of companies should strive to keep only the minimum needed free cash flow while the rest should be invested in other projects with positive net present value


2020 ◽  
pp. 7-25
Author(s):  
Marek Bielecki

The subject matter of the present paper is the analysis of particular normative solutions as well as the position of the judiciary and the interpretations of the doctrine in the scope of political freedom and rights that may be applied by a child. A child, as an entity equipped with the attribute of inherent and inalienable dignity, is a benefciary of the guarantees concerning the protection of human rights and freedoms proclaimed in both the national and international standards. Due to the existence of some objective obstacles such as age or developmental issues, certain rights cannot be fully applied by a child. While analyzing the indicated issues, the author of the study evaluates existing regulations as well as presents proposals for changes that could have a positive impact on children’s situation concerning the implementation of his/her political rights.


2018 ◽  
Vol 11 (12) ◽  
pp. 89 ◽  
Author(s):  
S. Sapukotanage ◽  
B.N.F. Warnakulasuriya ◽  
S.T.W.S. Yapa

Maintaining sustainable operations has become a major responsibility of practitioners. Sustainable practices are executed to ensure sustainable performance. Many studies conducted to examine the outcomes of sustainable practices have focused either on the economic outcomes, social outcomes or environmental outcomes of such operations disregarding the Triple Bottom Line Approach to evaluating sustainable performance. Among them the majority have focused on environmental outcomes. Less focus is placed on developing countries or countries in South Asia. Against this background this paper aims to examine the outcomes of sustainable practices towards sustainable performance of manufacturing firms in a developing nation in South Asia. A study was conducted among 154 apparel manufacturing and exporting firms of Sri Lanka in relation to their sustainable practices and sustainable performance as members of supply chains. The sustainable practices were studied in relation to orientation, collaboration, continuity, risk management and pro-activity while sustainable performance was analyzed along economic performance, social performance and environmental performance of these firms. The findings were analyzed using Variance Based Structural Equation Modelling (Partial Least Squares) and it revealed that sustainable practices lead to sustainable performance even in the context of a developing nation in South Asia, highlighting the importance of the execution of sustainable practices irrespective of the level of development of a nation.


2020 ◽  
Vol 20 (3) ◽  
pp. 271-300
Author(s):  
Alexander A Assouad ◽  
K Praveen Parboteeah ◽  
Rebecca Guidice

To date there has been little to no widespread, universally accepted and theoretically driven examination of what an emerging market is and how best to capture its principle characteristics. Major international organizations, institutions, and scholars, all classify these countries utilizing a multitude of different perspectives. Applying institutional theory as a framework yet bowing to the unique pervasiveness of culture research, this study develops a more nuanced reclassification of emerging markets. Utilizing cluster analysis and dendogram interpretation, the application of this multidimensional and multidisciplinary framework results in eight categories of emerging markets and shows how social, political, economic, and spatial can contribute to the emergent status of a country. This study also serves as a vehicle to show how both the institutional and culturalists perspectives on international business management and strategy can be combined. These theoretically grounded findings from the study provide new boundary conditions for national contexts to be applied in future international business research and further inform international management and strategy stakeholders of a means to reduce the clouds of uncertainty surrounding these countries.


2019 ◽  
Vol 11 (19) ◽  
pp. 5334 ◽  
Author(s):  
Muzzammil Wasim Syed ◽  
Ji Zu Li ◽  
Muhammad Junaid ◽  
Xue Ye ◽  
Muhammad Ziaullah

In today’s emerging environment sustainable supply chain risks play a vital role in firms’ performance more than ever, because risks tend to disrupt sustainable operations, which ultimately reduces a firm’s performance, but these risks can be managed through supply chain integration practices, which leads to higher firms’ performance. Therefore, this paper examines the relationship between sustainable supply chain risks, supply chain integration, and firm’s financial performance. This study employs 296 survey observations along with financial data of published annual statements to estimate the quantitative causal-effects of three dimensions of sustainable supply chain risks on supply chain integration and financial performance. The findings of the study suggest that sustainable internal business process risks, sustainable supply risks, and sustainable demand risks have a negative relationship with supply chain integration. Furthermore, results of the study explored that all the three supply chain integration practices have a positive impact on firms’ financial performance, which suggests that implementing supply chain integration practices reduces the effect of supply chain risks and increases the firm’s performance.


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