scholarly journals What Dimension of CSR Matters to Organizational Resilience? Evidence from China

2019 ◽  
Vol 11 (6) ◽  
pp. 1561 ◽  
Author(s):  
Wendong Lv ◽  
Yuan Wei ◽  
Xiaoyun Li ◽  
Lin Lin
Keyword(s):  
Developed Countries ◽  
Business Environment ◽  
Environmental Turbulence ◽  
Future Research ◽  
Organizational Resilience ◽  
Five Dimensions ◽  
Financial Volatility ◽  
Negative Effect ◽  
Term Performance

Prior work on corporate social responsibility (CSR) has focused mainly on its effects on the short-term performance of firms from developed countries. In this article, we shed light on its effects on organizational resilience, which is defined as the firm’s ability to positively cope with environmental turbulence, and operationalized by long-term, improved sales growth and financial volatility. In line with this operationalization, we adopt CSR’s performance-enhancing and performance-insuring mechanisms to disentangle the relationship between CSR and organizational resilience. Furthermore, we divide CSR into five dimensions, namely shareholder, employee, business, society and environment-related CSR, and respectively examine their impacts on organizational resilience. The empirical study on a large sample of public firms in China from 2010 to 2017 shows that CSR as a whole significantly increases the firms’ long-term growth and reduces their financial volatility. As for the five specific dimensions, they all have a significant negative effect on financial volatility, and the employee, business, environment-related CSR are positively associated with long-term growth. Yet, the empirical results did not indicate significant associations between shareholder and society-related CSR and firms’ long-term growth. This study first explores the impacts of CSR’s different dimensions on organizational resilience. Also, we contribute to enriching the literature on CSR by examining the long-term performance-insuring effect of CSR with a quantitative analysis of emerging markets. Finally, we discuss some important managerial implications, as well as promising directions for future research.

The long-term performance of cross-border mergers and acquisitions

2015 ◽  
Vol 9 (3) ◽  
pp. 385-400 ◽  
Author(s):  
Sai Lan ◽  
Fan Yang ◽  
Hong Zhu
Keyword(s):  
Mergers And Acquisitions ◽  
Developed Countries ◽  
Performance Outcomes ◽  
Chinese Firms ◽  
Content Type ◽  
Cross Border ◽  
Study Methodology ◽  
Long Term Performance ◽  
Term Performance

Purpose – The purpose of this paper is to examine Chinese firms’ long-term value creation derived from cross-border mergers and acquisitions (CBMAs). Design/methodology/approach – The authors collected a sample of 140 CBMAs conducted by Chinese firms listed in Shenzhen and Shanghai stock markets between 1997 and 2010. Long-horizon event study methodology was used to test hypotheses. Findings – The authors find Chinese firms gain long-term value from CBMAs. In particular, the authors find that Chinese firms tend to gain more value from targets from developed countries, and Chinese state-owned firms are more capable of gaining value from CBMAs than Chinese private firms. Originality/value – Given Chinese firms are increasingly acquiring targets outside of China in recent years, it is still unclear about whether Chinese firms gain value from these very expensive cross-border deals. This is one of the first studies that address the question: What are the long-term performance outcomes of Chinese CBMAs in recent years?

Financing the Sustainable Development Agenda Goals

2020 ◽  
pp. 57-71
Author(s):  
Bernardo Ivo-Cruz ◽  
Sónia Ribeiro
Keyword(s):  
Sustainable Development ◽  
Private Sector ◽  
Risk Mitigation ◽  
Banking System ◽  
Business Environment ◽  
International Community ◽  
Future Research ◽  
The Sustainable Development ◽  
Development Agenda

The 2030 Agenda is comprehensive, universal, and ambitious. To reach its goals, the world needs to invest US$5 to 7 trillion/year. To finance it, the private sector must be involved. This chapter considers the motivations of business and corporations to incorporate the SDG in their investment agenda and the role DFIs can play in providing financing to their projects. It acknowledges that the private sector is a key element for long-term sustainable development and highlights the difficulties of DFI in assessing impact in risk analysis and therefore financing private investments for sustainable development. Finally, it finds that the international community and developing countries need to work together to improve the business environment on those countries, and concludes that the international community and the banking system do not know how to assess the role and impact of business and corporations projects in the agenda, and that the risk mitigation policy does not consider the nature of DFIs. Looking into the future, the authors present future research topics needed on this subject.

Does the Bargaining Power of Vertical Parties Improve or Worsen the Effect of Family Influence on Long-Term Performance?

2020 ◽  
pp. 154-184
Author(s):  
Rubén Martínez-Alonso ◽  
María J. Martínez-Romero ◽  
Julio Diéguez-Soto ◽  
Alfonso A. Rojo-Ramírez
Keyword(s):  
Environmental Factor ◽  
Bargaining Power ◽  
Manufacturing Firms ◽  
Family Influence ◽  
Negative Effect ◽  
Long Term Performance ◽  
Term Performance ◽  
Moderating Role

Grounding in the socioemotional wealth approach, this chapter explores the effect of family influence on long-term performance. Moreover, this study also examines the moderating role of the bargaining power of vertical parties, namely supplier (SBP) and customer (CBP) bargaining power, on the preceding relationship. By utilising a panel dataset of 3,118 observations of Spanish private manufacturing firms in the 2007–2016 period, the chapter finds that family influence negatively impacts long-term performance. The findings also reveal that CBP mitigates the negative effect of family influence on long-term performance. In this light, CBP is found to be a potential environmental factor that enables family influenced firms enhancing their long-term performance.

SMEs’ resilience from continuous improvement lenses

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Saad Zighan ◽  
Salomée Ruel
Keyword(s):  
Continuous Improvement ◽  
Business Environment ◽  
Theory And Practice ◽  
Organizational Resilience ◽  
Short Term ◽  
Content Type ◽  
Cyclical Process ◽  
Business Philosophy

Purpose The business environment is increasingly volatile, complex, uncertain and ambiguous. Today, COVID-19 represents a super-disruption situation. This paper aims to explore small and medium-sized enterprises’ (SMEs’) resilience from continuous improvement lenses. It explores the role of continuous improvement in building organizational resilience across SMEs. Design/methodology/approach A Delphi methodology has been adopted to capture evidence and opinions from 38 experts from several Jordan-based SMEs through three-online rounds. Findings The study finds that continuous improvement enhances SMEs’ resilience in the short term and long term. It can translate the concept of resilience into tangible working constructs for SMEs in visualizing and making decisions about their risks, adapting, absorbing changes and prevailing over time. The role of continuous improvement in building organizational resilience is fourfold; continuous improvement is a cyclical process; it has a vital cultural aspect and can be considered a business philosophy. It also emphasizes a holistic change approach based on small but constant changes. However, SMEs’ leaders must consider several issues for effective continuous improvement, including a continuous improvement culture and a results-focused approach. Originality/value Organizational resilience has been studied across various contexts; however, there are still unanswered questions for SMEs’ resilience. This study contributes to theory and practice by examining the role of continuous improvement in SMEs’ resilience.

Dynamic modelling of inter-organisational information management systems and relationships in food chains

2004 ◽  
Vol 4 (1) ◽  
pp. 55-71
Author(s):  
Christine Storer ◽  
Geoffrey Soutar ◽  
Jacques Trienekens ◽  
Adrie Beulens ◽  
Mohammed Quaddus
Keyword(s):  
Information Management ◽  
Communication Systems ◽  
Dynamic Modelling ◽  
Business Environment ◽  
Management Systems ◽  
Future Research ◽  
Supplier Relationships ◽  
Information Management Systems

It is agreed that good communication systems between organisations increase customer satisfaction and relationship behaviour. However, less is known about the details of how information is used to manage relationships. Theories that have been found have either been tested on non-perishable goods or on small case studies. In earlier stages of the research, a dynamic model of inter-organisational information management systems (IOIMS) and relationships was developed based on a netchain case study. This paper presents an evaluation of this model based on a survey of Australian food processors and a green life industry case study. Both studies found that the environment (power, dependency and market uncertainty) had a significant influence on (attitudinal) commitment to develop long-term customer/supplier relationships. In addition, the nature of the IOIMS was associated with perceived current outcomes (satisfaction with performance, perceived responsiveness and strength of relationship trust). However, commitment to develop long-term customer supplier relationships was not significantly associated with the IOIMS. Conclusions were more doubtful about the association between the business environment and the IOIMS and perceived current outcomes. Suggestions for future research are made.

scholarly journals Determinants of Organisational Commitment Among Generation -Y in the Malaysian SMEs

2017 ◽  
Vol 11 (12) ◽  
pp. 48
Author(s):  
Jaya Ganesan ◽  
Lee Kar Mun ◽  
Kavitha Raman
Keyword(s):  
Leadership Style ◽  
Generation Y ◽  
Work Force ◽  
Future Research ◽  
Organisational Commitment ◽  
Gen Y ◽  
Long Term Performance ◽  
Term Performance ◽  
Practical Implications

It is evident from research that Generation-Y constitutes a large proportion in the work force across the globe and hence it is a great challenge to organisations to attract and retain their Gen-Y employees. Various studies have highlighted that the knowledge of organisational commitment is crucial to organisations in developing their long-term performance and growth. This study aims to explore the determinants of organisational commitment among the Generation-Y who are employed in Malaysian SMEs (Johor Baharu, Selangor and KualaLumpur). The data was collected from 200 Gen-Y employees. Variables such as pay and benefits, training, leadership style, organisational culture and job satisfaction using multiple regression revealed that all variables had significant relationship with organisational commitment. Theoretical and practical implications are discussed based on the findings. The study also highlighted recommendations for future research.

scholarly journals Innovation Strategies, First Mover Advantage and Performance in the Context of the Microfinance Sector: A Review of Literature

2018 ◽  
Vol 13 (7) ◽  
pp. 195
Author(s):  
Paul Ouma ◽  
James M. Kilika
Keyword(s):  
Empirical Work ◽  
Business Environment ◽  
Empirical Literature ◽  
Future Research ◽  
Strategic Option ◽  
First Mover Advantage ◽  
Innovation Strategies ◽  
And Performance ◽  
First Mover

The prevailing business environment is erratic and unreliable. The accomplishment of trade in such environment is determined by an organization’s capability to adjust and respond to environmental variation. Innovation strategies offer a strategic option that can be used to align organization’s assets and competencies with prospects in the external environment in order to heighten survival and long term success of an enterprise. Execution of such a strategic option is likely to result in strategic moves that will register impacts in the market which requires decision makers to consider the timing of their moves that operationalize the strategy in the market. The extant literature has pursued discussions on the construct of innovation strategy separately from that of first mover in spite of the implied indications that the two can be integrated into a strategic management phenomenon that will influence the firm’s performance. This study provides a review of existing theoretical and empirical literature on the perspectives connected to innovation strategies as a strategic option, first mover advantage in the phenomenon leading to performance in the context of microfinance setting. The applicable theories are reviewed, concepts and their operational indicators identified and matched against existing empirical work and nascent knowledge gaps identified. The study finally, suggests a theoretical framework appropriate for progressing knowledge in the field of study together with the associated inferences for future research.

scholarly journals A comprehensive insight into Lean management: Literature review and trends

2019 ◽  
Vol 12 (2) ◽  
pp. 302
Author(s):  
Neena Sinha ◽  
Misha Matharu
Keyword(s):  
Emerging Economies ◽  
Operations Management ◽  
Developed Countries ◽  
Business Environment ◽  
Current Status ◽  
Future Research ◽  
Lean Management ◽  
Journal Articles ◽  
Organizational Behaviour ◽  
Rapid Changes

Purpose: Lean Management has evolved into an inter-disciplinary subject with linkages to Operations Management, Organizational Behaviour, and Strategic Management. The objective of this paper is to review journal articles on lean published in major academic sources with a view to  provide taxonomy of the field of lean management facilitating identification of the pertinent themes that exists in literature, while presenting an overview of the main definitions, chronological evolution, diffusion among developed and emerging economiesDesign/methodology/approach: A review of literature has been conducted which includes 447 research articles in 51 Journals from Academic sources: Emerald Insight, T&F and Science Direct with main focus on lean management.Findings: An analysis of the surveyed literature brings to light an exponential increase in number of papers in the last 3 decades. The paper conducted study of lean in 3 phases i.e. Pre 2001, 2001-2010, Post 2010; enabling the study of maturity of lean. Observation regarding diffusion of lean globally reveals that lean has been adopted by both developed and emerging economies with noteworthy tilt towards its adoption in Asian countries in the recent past whereas initially it was confined to developed countries. New themes that have emerged such as Industry 4.0 and sustainability in the context of lean have been identified.Research limitations/implications: The aim of the paper is succinct representation of the current status and facilitating future research in the field.Originality/value: The present business environment with its rapid changes in market, rise in its economic, technical, and socio-psychological complexities has paved way for acceptance of lean as an operating strategy in a pervasive manner. The present study extends efforts of previous studies to analyse diffusion of lean globally, themes that have emerged and also includes more contemporary research with focus on its spread to emerging economies.

scholarly journals Aging Influence on Fatigue Characteristics of RAC Mixtures Containing Warm Asphalt Additives

2010 ◽  
Vol 2010 ◽  
pp. 1-10 ◽  
Author(s):  
Feipeng Xiao ◽  
Wenbin Zhao ◽  
Serji N. Amirkhanian
Keyword(s):  
Fatigue Life ◽  
Aging Process ◽  
Fatigue Behavior ◽  
Asphalt Binder ◽  
Crumb Rubber ◽  
Dissipated Energy ◽  
Negative Effect ◽  
Rubberized Asphalt Concrete ◽  
Term Performance

Aging is an important factor to affect the long-term performance of asphalt pavement. The fatigue life of a typical warm mix asphalt (WMA) is generally related to various factors of rheological and mechanical properties of the mixture. The study of the fatigue behavior of the specific rubberized WMA is helpful in recycling the scrap tires and saving energy in terms of the conventional laboratory aging process. This study explores the utilization of the conventional fatigue analysis approach in investigating the cumulative dissipated, stiffness, and fatigue life of rubberized asphalt concrete mixtures containing the WMA additive after a long-term aging process. The aged beams were made with one rubber type (−40 mesh ambient crumb rubber), two aggregate sources, two WMA additives (Asphamin and Sasobit), and tested at 5 and20ºC. A total of 55 aged fatigue beams were tested in this study. The test results indicated that the addition of crumb rubber extends the fatigue resistance of asphalt binder while WMA additive exhibits a negative effect. The study indicated that the WMA additive generally has an important influence on fatigue life. In addition, test temperature and aggregate source play an important role in determining the cumulative dissipated energy, stiffness, and fatigue life of an aged mixture.

Input Parameters for the Mechanistic-Empirical Design of Full-Depth Reclamation Projects

2021 ◽  
pp. 036119812110179
Author(s):  
Vishwa V. Beesam ◽  
Cristina Torres-Machi
Keyword(s):  
Pavement Design ◽  
Design Parameters ◽  
Future Research ◽  
Limited Information ◽  
Full Depth Reclamation ◽  
Input Parameters ◽  
Current Design ◽  
Long Term Performance ◽  
Term Performance

Cold recycling technologies such as full-depth reclamation (FDR) are sustainable and cost-effective techniques for pavement rehabilitation that reduce environmental impacts and construction costs and time. The limited information available on the material properties of FDR mixtures and their characterization in mechanistic-empirical (M-E) pavement design hinders the full deployment of FDR. Previous research has found current M-E default values to be non-representative and overly conservative, leading to an underestimation of the true performance capabilities of FDR materials. To address this gap, this paper analyzes the performance of 11 FDR sites constructed throughout Colorado, U.S., and compares their long-term performance with M-E predictions. The objective of this paper is to recommend input values for the M-E design of FDR base materials that result in reliable predictions of FDR long-term performance. The analysis includes both non-stabilized and emulsion-stabilized FDR projects. Both initial International Roughness Index (IRI) and resilient modulus were found to have a significant impact on M-E predictions and were calibrated in a two-step process. The proposed input parameters lead to a conservative design of FDR projects and result in improved IRI predictions compared with the ones derived from current design criteria. With the current design parameters, IRI predictions were, on average, overestimated by 51 in./mi, whereas the proposed input parameters make it possible to reduce this difference to 17 in./mi. Future research is needed to improve current models in M-E pavement design software to adequately model cold in-place recycled layers such as FDR.

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