Current Issue : April - June Volume : 2015 Issue Number : 2 Articles : 4 Articles
Value creation for a firm is a function of identifying and managing value drivers. This study\naims to understand the drivers of value creation for GCC listed firms. The paper proposes a\nmodel for value creation through the application of Partial Least Square Structural Equation\nModeling (PLS-SEM).The model proposes value creation of a firm as a function of critical\ndrivers like size of firm, dividend policy, investment policy, capital structure and risk\ncharacteristics. Higher the leverage for the firm, lesser will be the value creation for the firm.\nInvestors are skeptical about whether firms with high leverage would create value. Firm size\nis negatively related to value creation....
Innovation has attracted attention of researches in last 20 years, while networks and clusters\nare relatively new research subjects. In our paper we made an attempt to find the relationship\nbetween network centrality indexes and innovation performance. Each index represents\ndifferent features of being in the network. To find the network indexes we have constructed\nadjacency matrixes based on alliance data. For our research we have chosen China�s\nautomobile industry network as an example, for the reason that Chinese automobile industry\nshowed tremendous growth in recent decade and is fit to research scope which we are\nconducting. We have collected the data on innovation performance for 59 firms in China�s\nautomobile industry. We used UCINET software program to get the data regarding network\nproperties. After we ran the negative binomial regression model on Gretl software program\nand constructed 5 models, with total of 7 variables. We have analyzed the relationship\nbetween innovation performance and three network centrality measures. According to our\nnew findings firms in the network with more total number of connections and firms with\nmore connections with well-connected firms have better innovation performance. We found that there is no effect on innovation performance when firms have capability to pass\ninformation fast....
The purpose of this study was to develop a mediation model in which high-performance\nhuman resource practices affect corporate entrepreneurship through perceived organizational\nsupport. In accordance with this purpose, firstly, the interrelationships between specific\nhuman resources practices (selective staffing, extensive training, internal mobility,\nemployment security, clear job description, result-oriented appraisal, incentive reward, and\nparticipation) and corporate entrepreneurship dimensions (new business venturing,\ninnovativeness, self-renewal, proactiveness) were examined. Then, based on social exchange\ntheory, the mediating role of perceived organizational support in the relationship between\nhuman resources practices and corporate entrepreneurship was investigated. Data was\ncollected through a survey, in which 258 medium and large scaled firms operating in different industries in Turkey participated. The results provide empirical evidence for the strong\nimpact of human resources practices on corporate entrepreneurship, and this relationship is\nmediated by perceived organizational support of employees....
Stimulated by the requisition to linked necessary purchases abroad with the largest possible\nreturn of investment let for years the so-called offset businesses grow. These requests for\noffset-obligations occurs mainly in the area of arms imports and covers the full range of\nindustrial and commercial benefits as incentives or conditions for the purchase of military\ngoods and services The companies affected by the implementation of such complex\noffset-obligations are then often overstrained. In particular, because offset requires at the\nlower stages of the value chain a temporary linking and steering of common business\nprocesses. This necessary integration of the various business processes leads at all process\nlevels to problems due to the very different required Offset-Readiness of the involved\ncompanies. The aim of this paper is the development of a concept for the temporary linking\nand steering of offset-affected business processes in the Value Chain Network. This\nexamination was triggered through an overall research project on the impact of offset to the\nbusiness processes of Small and Medium Enterprises. During the necessary Pre-Study for this\nresearch project, first indications appear that by offset affected companies in the lower stages\nof the value chain have problems with the necessary temporary linking and steering of joint\nbusiness processes. The paper concludes with a new developed concept for the temporary\nlinking and steering of offset-affected business processes. The pro�s and con�s for this\nproposed concept are described as well and from today�s point of view can be seen that\nfurther investigations required....
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