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Open Access
Article
Publication date: 8 January 2025

Nischal Thapa, Puspa Shah and Yogendra Adhikari

This study explores how information volume affects crowdfunding success and identifies the signals – operational transparency, past crowdfunding experience, perceived project…

Abstract

Purpose

This study explores how information volume affects crowdfunding success and identifies the signals – operational transparency, past crowdfunding experience, perceived project authenticity and perceived product quality – that moderate this relationship. The goal is to provide insights into managing information overload and enhancing the probability of funding success in various information volume contexts.

Design/methodology/approach

Data were collected from 2,681 Kickstarter campaigns and analyzed using fixed effects logit regression models.

Findings

The study reveals a curved relationship between information volume and funding success, moderated by factors such as operational transparency, crowdfunding experience, project authenticity and product quality.

Practical implications

This study provides fund-seekers with essential insights into disseminating information effectively.

Originality/value

This study contributes to the literature by elucidating the complex dynamics among information volume, signaling types and crowdfunding success, offering a nuanced understanding of how fund-seekers can optimize their campaigns for better outcomes.

Details

European Journal of Management Studies, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2183-4172

Keywords

Article
Publication date: 7 December 2023

Qi-an Chen, Anze Bao, Junpei Chen and Yi Lu

The primary objective of introducing nonstate ownership into state-owned enterprises (SOEs) is to enhance corporate performance. This study explores how nonstate ownership affects…

Abstract

Purpose

The primary objective of introducing nonstate ownership into state-owned enterprises (SOEs) is to enhance corporate performance. This study explores how nonstate ownership affects corporate performance, emphasizing agency costs as the primary mechanism.

Design/methodology/approach

Using data from 2010 to 2019 for listed SOEs, the authors measure nonstate ownership based on shareholding ratios, control rights and shareholding–control matching. The authors also use fixed-effects and mediation-effects models, with agency costs as the primary mechanism.

Findings

Increased nonstate shareholding ratios, stronger control rights and improved shareholding–control matching promote SOE performance. Nonstate shareholding ratios boost performance through resource effects, while control rights and shareholding–control matching promote performance by mitigating agency costs. A heterogeneity analysis indicates stronger effects in local SOEs and highly marketized regions. Moreover, control rights and shareholding–control matching reinforce the positive impact of shareholding ratios on performance.

Originality/value

The mixed-ownership reform of Chinese SOEs aims to optimize shareholding and control structures between state and nonstate shareholders. Therefore, research on the impact of nonstate shareholding ratios, control rights and shareholding–control matching on corporate performance is highly pertinent. However, existing studies have focused on the effects of single factors on performance, without exploration of the economic implications of shareholding–control matching. This study not only prioritizes the optimization of shareholding and control structures but also underscores the importance of granting nonstate shareholders control rights proportionate to their shareholding, providing critical evidence of the value of improving SOEs' ownership structure.

Details

International Journal of Emerging Markets, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1746-8809

Keywords

Article
Publication date: 4 February 2025

Jacqueline Burgess, Saskia de Klerk, Jacqueline Blake and Dawn Birch

This research explores the skills, attitudes and knowledge of micro and small businesses in the peripheral high growth region of Moreton Bay in southeast Queensland that would…

Abstract

Purpose

This research explores the skills, attitudes and knowledge of micro and small businesses in the peripheral high growth region of Moreton Bay in southeast Queensland that would enable these businesses to adopt and use new business technology.

Design/methodology/approach

Sixteen in-depth semi-structured interviews were conducted with participants recruited via snowball sampling and utilised in conjunction with the Queensland government’s Digital Scorecard survey data. The interviews were analysed using thematic analysis, NVivo 12 and a phenomenographic approach.

Findings

All micro and small business owners understood the value of new business technology and expressed a positive attitude towards its uptake but felt constrained by a lack of knowledge, time and resources. Thus, they require targeted and local guidance and tools to minimize the demands on their time of implementation, which has implications for policymakers, governments and educators.

Originality/value

Past studies on micro and small businesses adopting new technology have either looked at large regions or specific types of technology leaving the technological skills, attitudes and knowledge gaps of micro and small businesses in peripheral regions unexamined. This research aims to fill that gap by studying a specific high growth peripheral region, Moreton Bay, on the edge of the greater Brisbane city area. We recommend a phased approach to developing digital skills, adopting technology and appropriate support programs for each stage.

Details

Management Decision, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0025-1747

Keywords

Article
Publication date: 28 May 2024

Muhammad Hanafi

This research is intended to assess the nickel smelter industry’s investment competitiveness in Indonesia and identify ways to improve its competitive advantage for the nation.

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Abstract

Purpose

This research is intended to assess the nickel smelter industry’s investment competitiveness in Indonesia and identify ways to improve its competitive advantage for the nation.

Design/methodology/approach

This research uses a sequential mixed-methods approach, expanding on a first qualitative phase with a second quantitative phase. Interviews are used in the qualitative phase to identify the underlying causes of issues and potential solutions to increase the competitiveness of the nickel smelter industry, while a system dynamics (SD) model is used to conduct the quantitative phase. This study uses the idea of a country’s competitive advantage from Porter’s diamond model (PDM). The model was tested and validated using SD simulation resulting in a new policy scenario, which was evaluated in metallurgy expert conferences and high policymaker discussion forums.

Findings

The results reveal the complexity of the nickel smelter industry in Indonesia and conclude that the integrated export duty beneficence policy is the most effective way to boost competitiveness. This policy gives a significant improvement both in the number of smelters and state revenue compared to the current policy. The industry’s investment competitiveness is enhanced by the six factors of the diamond model, with the first three factors being integrated strategy, limited export of excess production and export duty beneficence, while the remaining factors are metal price fluctuation, domestic demand and mineral supply which are related to mining conditions uncertainty.

Research limitations/implications

The research creates a SD model to support Indonesia’s competitive advantage in the smelter industry. Despite limitations like interpretations and distorted semantic analysis, it provides a useful framework for exploring complex industry themes, excluding social factors due to limited data and knowledge requirements.

Practical implications

The findings of this research offer a framework for policymaking by the government to enhance the competitiveness of investments in Indonesia’s nickel smelter industry.

Originality/value

This study delves into Indonesia’s nickel industry competitiveness using PDM. Using a more detailed SD model with quantitative analysis, it goes beyond strategy development to provide a comprehensive approach to the nickel smelter industry.

Details

Journal of Science and Technology Policy Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2053-4620

Keywords

Article
Publication date: 2 January 2025

Thanya Weerasinghe, Nuwan Gunarathne and Dileepa Samudrage

Motivated by the dearth of studies examining how and why managers adopt sustainable development goals (SDGs), particularly in developing countries struggling with economic…

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Abstract

Purpose

Motivated by the dearth of studies examining how and why managers adopt sustainable development goals (SDGs), particularly in developing countries struggling with economic, environmental and social problems, this study aims to investigate the rationales and business management approaches for adopting and integrating SDGs in the Sri Lankan corporate context, which is gradually adopting sustainable practices and sustainability reporting.

Design/methodology/approach

A qualitative approach was adopted to provide deeper insights and an understanding of corporate engagement with SDGs, offering a richer analysis of rationales and business management approaches that quantitative methods may overlook. Top Management attached to the sustainability function of seven companies that had varying levels of SDG-related disclosures were interviewed based on Santos and Silva Bastos’s (2021) theoretical framework for understanding the rationale and the priority management level for SDG adoption.

Findings

The main motivation to adopt SDGs stems from contextual and ethical rationales, with the influence of the United Nations Global Compact serving as a notable contextual factor. The prioritized levels of management focus for integrating SDGs were strategic and operational focuses. SDGs enhance the existing strategic position established by the sustainability efforts of the companies. Even though strategic and operational management focuses were highlighted for integrating SDGs, the elements of sustainability were present across all the management levels (normative, strategic and operational), emphasizing that these focuses should interrelate to effectively integrate SDGs. Further analysis revealed that all three underlying rationales – ethical, contextual and economic – influence managers to integrate SDGs across different management focuses.

Originality/value

To the best of the authors’ knowledge, this study is among the first few to contribute to the handful of studies holistically looking at the drivers and management approaches to engaging with SDGs from the perspective of a developing country. Furthermore, it extends the theoretical framework developed by Santos and Silva Bastos (2021) through the findings to show that all underlying rationales impact the integration of SDGs at different management focuses.

Details

Measuring Business Excellence, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1368-3047

Keywords

Article
Publication date: 25 November 2024

Stefanos Karakolias and Nikolaos Polyzos

This study aims to enrich the debate on whether women should continue to be under-represented in the upper echelons of organisations. Evidence arrives from the health-care…

Abstract

Purpose

This study aims to enrich the debate on whether women should continue to be under-represented in the upper echelons of organisations. Evidence arrives from the health-care battlefield and, more specifically, the Greek public hospitals assessed in terms of financial performance.

Design/methodology/approach

The whole set of Greek public hospitals operating in 2022 were included in a quantitative approach, whereby financial ratios reflect financial performance, while the Chief Executive Officer (CEO) – Chief Financial Officer (CFO) gender reflects the female representation. Descriptive statistics analysis, t-tests and correlation analysis were performed.

Findings

The findings of this study suggest that female CEOs significantly outperformed their male counterparts on liquidity and accounts payable turnover, while female CFOs surpassed males concerning inventory turnover. Contrarily, hospitals with male CFOs achieved higher profitability, but income statements seem self-manipulated thanks to state subsidies and cash accounting techniques. Women appear to focus on those components of financial performance which are better aligned to the social role of public entities, while their contribution to non-financial performance is also underpinned by previous research.

Practical implications

Women’s under-representation in management positions was partially confirmed, as less than 1 / 4 of hospitals appoint a female CEO but circa 7 / 10 of them appoint a female CFO. This could be attributed to stereotypes combined with policy and governance factors. The latter were discussed well in this paper shaping a roadmap towards better gender equality in health-care settings.

Originality/value

To the best of the authors’ knowledge, this was the first effort to investigate the association between managers’ gender and financial performance in Greek health care.

Details

Corporate Governance: The International Journal of Business in Society, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1472-0701

Keywords

Article
Publication date: 26 June 2024

Ibrahim Yousef, Saad Zighan, Doaa Aly and Khaled Hussainey

This study aims to address a notable gap in the existing literature by exploring the relationship between gender diversity and dividend policy within the context of US Real Estate…

Abstract

Purpose

This study aims to address a notable gap in the existing literature by exploring the relationship between gender diversity and dividend policy within the context of US Real Estate Investment Trusts (REITs).

Design/methodology/approach

The authors use a substantial data set comprising 1,398 firm-year observations across 209 US REIT companies from 2011 to 2021 to address the research aims. Fixed effects models and generalized least squares regression methods are used in the analysis.

Findings

The results demonstrate a significant positive association between board gender diversity and higher dividend payouts among US REITs. This relationship holds after controlling for corporate governance and other firm-level factors. The findings have strong implications that the presence of women on REIT boards contributes to a greater propensity for discretionary dividend increases in the USA.

Originality/value

This research contributes to the literature by empirically examining female directors’ role in influencing US REITs’ dividend policies, an area lacking adequate prior scholarship. The paper also considers the unique regulatory environment of REITs, highlighting the importance of the study for externally financed firms.

Details

Journal of Financial Reporting and Accounting, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1985-2517

Keywords

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