scholarly journals A Meta-Analysis of the Financial Participation Impact on Firm Performance

2016 ◽  
Vol 11 (8) ◽  
pp. 186 ◽  
Author(s):  
Olfa Aissa
Keyword(s):  
Firm Performance ◽  
Conceptual Framework ◽  
Social Performance ◽  
Meta Analysis ◽  
Analytic Approach ◽  
Professional Literature ◽  
Important Place ◽  
The Impact ◽  
Financial Participation

<p>The theme of the financial participation and its relationship with firm performance continue to occupy an important place in the academic and professional literature. However, researches take many different perspectives that it is difficult to define a conceptual framework and results are often different questioning their generalization.</p><p>In this research we propose a meta-analytic approach in order to evaluate the impact of the employees’ financial participation on firm performance. The results demonstrated a significant improvement in the economic and social performance of firms that share their profits with their employees.</p>

Corporate social responsibility and corporate payout policy: the impact of product market competition

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Shahbaz Sheikh
Keyword(s):  
Corporate Social Responsibility ◽  
Firm Performance ◽  
Social Responsibility ◽  
Social Performance ◽  
Market Competition ◽  
Global Reporting Initiative ◽  
Product Markets ◽  
Content Type ◽  
Corporate Social ◽  
The Impact

PurposeThe purpose of this paper is to empirically investigate if and how firm performance in corporate social responsibility (CSR) is related to corporate payouts and how competition in product markets influences this relation.Design/methodology/approachLogit and Tobit regressions are used to estimate the relation between firm performance in CSR and corporate payouts.FindingsThe empirical results show that firm performance in CSR is positively related to the propensity and level of dividends, repurchases and total payouts (dividends plus repurchases). However, the positive relation between CSR performance and corporate payouts is significant only for firms that operate in low competition markets. In high competition markets, CSR performance does not seem to have any significant relation with corporate payouts.Research limitations/implicationsThis study uses MSCI social ratings data to measure net scores on CSR. There is no systematic conceptual reason for measuring social performance using MSCI social ratings. Future research should use other measures of social performance (e.g. Dow Jones Sustainability Index, Accountability Ratings and Global Reporting Initiative to estimate the relation between CSR and corporate payouts).Practical implicationsCSR firms are more likely to choose higher payouts when they operate in low competition markets.Originality/valueThis study contributes to the stream of research that evaluates the payout choices of CSR firms and competition in product markets. To the author's knowledge, this is the first study that documents the impact of market competition on the relation between firm performance in CSR and corporate payouts.

The impact of service innovation on firm performance: a meta-analysis

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Changli Feng ◽  
Ruize Ma ◽  
Lin Jiang
Keyword(s):  
Firm Performance ◽  
Positive Impact ◽  
Meta Analysis ◽  
Service Innovation ◽  
Future Research ◽  
Quantitative Review ◽  
Content Type ◽  
And Performance ◽  
The Impact ◽  
The Relationship

PurposeWith the rise of service economy, many companies are attempting to gain a competitive advantage through service innovation. However, the existing research has not drawn consistent conclusions about the relationship between service innovation and firm performance. Hence, the purpose of this paper is to provide a quantitative review on the service innovation-performance relationship based on research findings reported in the extant literature.Design/methodology/approachStudies from 46 peer-reviewed articles were sampled and analyzed. A meta-analytic approach was adopted to conduct a quantitative review on the relationship between service innovation and firm performance, and the effects of any potential moderators were further explored.FindingsThe results found that service innovation has a significant positive impact on firm performance. Additionally, the relationship between service innovation and firm performance is influenced by measurement moderators (economic region and performance measurement), and contextual moderators (firm type, innovation type, customer factors and attitudes toward risk).Originality/valueThe meta-analysis has been used to explore the relationship between service innovation and firm performance, and the findings have contributed to the literature on service innovation, as well as providing future research directions.

Family Ownership and Firm Performance: Evidence From Public Companies in Chile

2007 ◽  
Vol 20 (2) ◽  
pp. 83-94 ◽  
Author(s):  
Jon I. Martínez ◽  
Bernhard S. Stöhr ◽  
Bernardo F. Quiroga
Keyword(s):  
Firm Performance ◽  
Regression Model ◽  
Conceptual Framework ◽  
Family Firms ◽  
Multiple Regression Model ◽  
Family Ownership ◽  
Public Companies ◽  
The Impact ◽  
Measures Of Performance ◽  
Better Than

We studied the impact of family ownership on firm performance by using a set of data on Chilean firms. From a sample of 175 firms listed on the stock market, the group of 100 family-controlled firms performed significantly better than the group of 75 nonfamily companies over the 10-year period under study (1995—2004). Three distinct measures of performance—ROA, ROE, and a proxy of Tobin's Q—were employed to test the differences of means between the two groups of firms. These results were in line with our multiple regression model. All these findings support our conceptual framework and hypothesis, which states that public family firms perform better than public nonfamily firms.

scholarly journals Quality Social Connection as an Active Ingredient in Digital Interventions for Young People With Depression and Anxiety: Systematic Scoping Review and Meta-analysis

10.2196/26584 ◽  
2021 ◽  
Vol 23 (12) ◽  
pp. e26584
Author(s):  
Lindsay H Dewa ◽  
Emma Lawrance ◽  
Lily Roberts ◽  
Ellie Brooks-Hall ◽  
Hutan Ashrafian ◽  
...  
Keyword(s):  
Mental Health ◽  
Young People ◽  
Conceptual Framework ◽  
Scoping Review ◽  
Meta Analysis ◽  
Social Connections ◽  
Social Connection ◽  
Depression And Anxiety ◽  
Digital Interventions ◽  
The Impact

Background Disrupted social connections may negatively affect youth mental health. In contrast, sustained quality social connections (QSCs) can improve mental health outcomes. However, few studies have examined how these quality connections affect depression and anxiety outcomes within digital interventions, and conceptualization is limited. Objective The aim of this study is to conceptualize, appraise, and synthesize evidence on QSC within digital interventions (D-QSC) and the impact on depression and anxiety outcomes for young people aged 14-24 years. Methods A systematic scoping review and meta-analysis was conducted using the Joanna Briggs Institute methodological frameworks and guided by experts with lived experience. Reporting was guided by the PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-Analyses). The MEDLINE, Embase, PsycINFO, and CINAHL databases were searched against a comprehensive combination of key concepts on June 24, 2020. The search concepts included young people, digital intervention, depression, anxiety, and social connection. Google was also searched. A reviewer independently screened abstracts and titles and full text, and 9.99% (388/3882) of these were screened by a second reviewer. A narrative synthesis was used to structure the findings on indicators of D-QSC and mechanisms that facilitate the connection. Indicators of D-QSC from the included studies were synthesized to produce a conceptual framework. Results Of the 5715 publications identified, 42 (0.73%) were included. Among the included studies, there were 23,319 participants. Indicators that D-QSC was present varied and included relatedness, having a sense of belonging, and connecting to similar people. However, despite the variation, most of the indicators were associated with improved outcomes for depression and anxiety. Negative interactions, loneliness, and feeling ignored indicated that D-QSC was not present. In 24% (10/42) of the applicable studies, a meta-analysis showed a significant decrease in depression (–25.6%, 95% CI –0.352 to –0.160; P<.001) and anxiety (–15.1%, 95% CI –0.251 to –0.051; P=.003) after a D-QSC. Digital mechanisms that helped create a quality connection included anonymity, confidentiality, and peer support. In contrast, mechanisms that hindered the connection included disconnection from the real world and inability to see body language. Data synthesis also identified a 5-component conceptual framework of D-QSC that included rapport, identity and commonality, valued interpersonal dynamic, engagement, and responded to and accepted. Conclusions D-QSC is an important and underconsidered component for youth depression and anxiety outcomes. Researchers and developers should consider targeting improved QSC between clinicians and young people within digital interventions for depression. Future research should build on our framework to further examine relationships among individual attributes of QSC, various digital interventions, and different populations.

scholarly journals Quality Social Connection as an Active Ingredient in Digital Interventions for Young People With Depression and Anxiety: Systematic Scoping Review and Meta-analysis (Preprint)

2020 ◽  
Author(s):  
Lindsay H Dewa ◽  
Emma Lawrance ◽  
Lily Roberts ◽  
Ellie Brooks-Hall ◽  
Hutan Ashrafian ◽  
...  
Keyword(s):  
Mental Health ◽  
Young People ◽  
Conceptual Framework ◽  
Scoping Review ◽  
Meta Analysis ◽  
Social Connections ◽  
Social Connection ◽  
Depression And Anxiety ◽  
Digital Interventions ◽  
The Impact

BACKGROUND Disrupted social connections may negatively affect youth mental health. In contrast, sustained quality social connections (QSCs) can improve mental health outcomes. However, few studies have examined how these quality connections affect depression and anxiety outcomes within digital interventions, and conceptualization is limited. OBJECTIVE The aim of this study is to conceptualize, appraise, and synthesize evidence on QSC within digital interventions (D-QSC) and the impact on depression and anxiety outcomes for young people aged 14-24 years. METHODS A systematic scoping review and meta-analysis was conducted using the Joanna Briggs Institute methodological frameworks and guided by experts with lived experience. Reporting was guided by the PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-Analyses). The MEDLINE, Embase, PsycINFO, and CINAHL databases were searched against a comprehensive combination of key concepts on June 24, 2020. The search concepts included young people, digital intervention, depression, anxiety, and social connection. Google was also searched. A reviewer independently screened abstracts and titles and full text, and 9.99% (388/3882) of these were screened by a second reviewer. A narrative synthesis was used to structure the findings on indicators of D-QSC and mechanisms that facilitate the connection. Indicators of D-QSC from the included studies were synthesized to produce a conceptual framework. RESULTS Of the 5715 publications identified, 42 (0.73%) were included. Among the included studies, there were 23,319 participants. Indicators that D-QSC was present varied and included relatedness, having a sense of belonging, and connecting to similar people. However, despite the variation, most of the indicators were associated with improved outcomes for depression and anxiety. Negative interactions, loneliness, and feeling ignored indicated that D-QSC was not present. In 24% (10/42) of the applicable studies, a meta-analysis showed a significant decrease in depression (–25.6%, 95% CI –0.352 to –0.160; <i>P</i>&lt;.001) and anxiety (–15.1%, 95% CI –0.251 to –0.051; <i>P</i>=.003) after a D-QSC. Digital mechanisms that helped create a quality connection included anonymity, confidentiality, and peer support. In contrast, mechanisms that hindered the connection included disconnection from the real world and inability to see body language. Data synthesis also identified a 5-component conceptual framework of D-QSC that included rapport, identity and commonality, valued interpersonal dynamic, engagement, and responded to and accepted. CONCLUSIONS D-QSC is an important and underconsidered component for youth depression and anxiety outcomes. Researchers and developers should consider targeting improved QSC between clinicians and young people within digital interventions for depression. Future research should build on our framework to further examine relationships among individual attributes of QSC, various digital interventions, and different populations.

ARE WE HAPPY TOGETHER? A META-ANALYTIC REVIEW OF THE IMPACT OF OPEN INNOVATION ON FIRM PERFORMANCE

2021 ◽  
Author(s):  
STEPHEN ODURO ◽  
STREPPONE VINCENZO ◽  
CLAUDIANE SOLANGE NGWIKEM MANFO ◽  
KOT DAVID ADHAL NGUAR
Keyword(s):  
Firm Performance ◽  
Financial Performance ◽  
Open Innovation ◽  
Dynamic Capabilities ◽  
Meta Analysis ◽  
Culture Study ◽  
Study Region ◽  
Analytic Review ◽  
Managerial Implications ◽  
The Impact

The study draws on dynamic capabilities theory and evidence-based research to provide the first meta-analysis on the open innovation (OI)–firm performance relationship from 2003 to 2020. Both subgroup and meta-analytic regression analyses were employed to analyse 106 independent peer-reviewed articles, encompassing 557,642 firms and 138 effects. Results showed a positive, significant relationship between OI and overall firm performance ([Formula: see text]= 0.20) while revealing numerous contingencies. Particularly, we found that the effect of OI on non-financial performance ([Formula: see text]= 0.20) is larger than that on financial performance ([Formula: see text]= 0.19), while the disaggregate results revealed that inbound OI has the strongest effect on firm performance ([Formula: see text]= 0.23), followed by outbound OI ([Formula: see text]= 0.19) and coupled OI ([Formula: see text]= 0.14). Furthermore, it was found that the mixed results are driven by both contextual factors (i.e., firm size, culture, study region, sector, and industry intensity) and measurement moderators (i.e., study measure and data type). Both the theoretical and managerial implications of these findings are elucidatedly discussed.

scholarly journals Corporate Social Performance and Firm Performance: Comparative Study among Developed and Emerging Market Firms

2019 ◽  
Vol 12 (1) ◽  
pp. 26 ◽  
Author(s):  
Irene Wei Kiong Ting ◽  
Noor Azlinna Azizan ◽  
Rajesh Kumar Bhaskaran ◽  
Sujit K Sukumaran
Keyword(s):  
Firm Performance ◽  
Best Practice ◽  
Corporate Social Performance ◽  
Social Performance ◽  
Emerging Market ◽  
Valuation Effects ◽  
Thomson Reuters ◽  
Emerging Market Firms ◽  
Corporate Social ◽  
The Impact

This study examines the impact of firms’ environmental, social and governance (ESG) initiatives on financial performance. It also compares the valuation effects of corporate social performance initiatives in developed and emerging market firms. The study was based on ESG ranking scores in the Thomson Reuters database, and the sample comprised 1317 emerging market firms and 3569 developed market firms. In comparison with developed market firms, emerging market firms had higher ESG combined scores, ESG Controversy scores, category scores of resources use, workforce, human rights and corporate social responsibility strategy scores. This study finds that stakeholder initiatives positively impact valuation effects, based on all sample results. Firm-generated controversies may decrease valuation effects in the stock market. Results indicated that ESG initiatives have a significant positive to the firm performance. The presence of independent board members and ownership by investors is a positive determinant for value creation. The adoption of best practice corporate governance principles is an important determinant of the valuation of firms. Firms’ propensity to use defence mechanisms decreases valuation effects. Developed market firms received positive valuation effects due to ESG initiatives.

scholarly journals Untangling the Impact of Green Finance on the Enterprise Green Performance: A Meta-Analytic Approach

2020 ◽  
Vol 12 (21) ◽  
pp. 9085
Author(s):  
Hengjie Xu ◽  
Qiang Mei ◽  
Fakhar Shahzad ◽  
Suxia Liu ◽  
Xingle Long ◽  
...  
Keyword(s):  
Meta Analysis ◽  
Analytic Approach ◽  
Analysis Software ◽  
Economic Activities ◽  
Green Performance ◽  
Green Finance ◽  
Firm Type ◽  
The Impact ◽  
The Relationship ◽  
Moderating Role

In recent years, with sustainable development strategies, the conflict between economic development and natural resources has become increasingly severe. Meanwhile, green finance’s emergence is due to the rethinking of human economic activities under global warming conditions and the energy crisis. Thus, this study aims to analyze the relationship between green finance and enterprise green performance using a meta-analytic approach. This study has used Comprehensive Meta-Analysis Software (CMA) 2.0 for meta-analysis and applied the Hunter and Schmidt model for statistical analysis to test the proposed hypotheses. This study finds a significant positive correlation between green finance and enterprise green performance and proves that firm type and region play a moderating role in the relationship between green finance and enterprise green performance. However, profitability does not significantly moderate the relationship between green finance and enterprise green performance.

The impact of servitization on firm performance: a meta-analysis

2018 ◽  
Vol 38 (7) ◽  
pp. 1562-1588 ◽  
Author(s):  
Weijiao Wang ◽  
Kee-Hung Lai ◽  
Yongyi Shou
Keyword(s):  
Firm Performance ◽  
Meta Analysis ◽  
Empirical Studies ◽  
Effective Means ◽  
Superior Performance ◽  
Future Research ◽  
Quantitative Review ◽  
Content Type ◽  
And Performance ◽  
The Impact

Purpose Servitization has been recognized as an effective means for manufacturers to achieve superior performance. However, the servitization-performance relationship is controversial since prior empirical studies have provided inconsistent and even contradictory results. Hence, the purpose of this paper is to provide a quantitative review on the servitization-performance relationship based on research findings reported in the extant literature. Design/methodology/approach Studies from 41 peer-reviewed journal articles were sampled and analyzed. A meta-analytic approach was adopted to conduct a quantitative review on the relationship between servitization and firm performance. Findings The results confirm a positive servitization-performance relationship. In addition, the results reveal that the observed servitization-performance relationship is influenced by the operationalization of constructs (servitization and performance) and control variables (industry and region). Originality/value As the first meta-analysis on the servitization-performance relationship, this study contributes to the servitization literature and provides future research directions.

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