Search results
1 – 10 of 20Martin Evans and Peter Farrell
The modern construction industry is highly competitive and cost driven, with tangible adversarial relationships between projects' contractual parties at individual and…
Abstract
Purpose
The modern construction industry is highly competitive and cost driven, with tangible adversarial relationships between projects' contractual parties at individual and organisational levels; there are conflict of interest as people to survive. Accordingly, team leaders on construction megaprojects (CMPs) in multinational engineering organisations strive to survive in such competitive markets. The research’s aim is to investigate relationships between team leaders' tenure and management styles towards professional subordinates on CMPs and elaborate how corporate governance can optimally address this conflict of interest and adversarial relationships.
Design/methodology/approach
The research methodology adopted processes of inducting theory using case studies. A qualitative approach was adopted as a primary data collection and analysis source. It involved case studies through primary data collection in semi-structured face-to-face interviews with 38 professional subordinates (interviewees) to discuss impacts of team leaders' tenure on their management style (a five-team leader, case studies). The research methodology is based on building theories from case study grounded theory research methodologies.
Findings
The research introduced the notion that team leader survival syndrome is pronounced and evidenced by adversarial reactions towards new or experienced professional subordinates where team leaders perceive professional subordinates, especially at senior technical levels, as potential risks that jeopardise their positions and employment survival possibilities. The syndrome is proven based on real-life case studies; it is constant, tangible and serious disorder of attitudes and behaviours. Longer tenure stimulates and accelerates these phenomena and syndrome, with 58% of team leaders exhibiting such syndromes. Optimum employee tenure is between 7 and 10 years. Corporate governance provides good resolution practices.
Research limitations/implications
The research implications are useful to construction industry and academia. However, the analysis is limited to the case studies considered in Canada and Qatar. Due to small sample size for both case studies and respondents to the questionnaire survey, it is recommended for future exploration to expand the scope of research to larger sample size and various demographic and geographical locations.
Practical implications
Corporates should acknowledge the presence of team leader survival syndromes. They should thoroughly investigate sociopolitical relationships behind it and seek to understand consequences on professional subordinates. Corporates should also adopt a 360-degree feedback system; they should limit trust given to team leaders in this regard to responsible trust, to eliminate manipulation. Team leaders are perceived as being not always truthful and misrepresent capabilities and performance of their professional subordinates to senior managers. Corporate governance holistic multidimensional perspectives are required to provide resolutions of team leader survival syndromes.
Originality/value
The research has discovered a phenomenon that team leaders on CMPs in architecture, engineering and construction (AEC) organisations, prompted by virtue of long tenure in corporates or by power of their managerial level in organisations, perceive their professional subordinates, especially senior technical employees, as potential risks. It is thought promoting them would put their own positions and security of tenure at risk. Hence, team leaders act adversarially, to enhance their own survival prospects. This research introduced the novel team leader survival syndrome and introduced analyses, practical implications and recommendations.
Details
Keywords
Everton Anger Cavalheiro, Kelmara Mendes Vieira and Pascal Silas Thue
This study probes the psychological interplay between investor sentiment and the returns of cryptocurrencies Bitcoin and Ethereum. Employing the Granger causality test, the…
Abstract
Purpose
This study probes the psychological interplay between investor sentiment and the returns of cryptocurrencies Bitcoin and Ethereum. Employing the Granger causality test, the authors aim to gauge how extensively the Fear and Greed Index (FGI) can predict cryptocurrency return movements, exploring the intricate bond between investor emotions and market behavior.
Design/methodology/approach
The authors used the Granger causality test to achieve research objectives. Going beyond conventional linear analysis, the authors applied Smooth Quantile Regression, scrutinizing weekly data from July 2022 to June 2023 for Bitcoin and Ethereum. The study focus was to determine if the FGI, an indicator of investor sentiment, predicts shifts in cryptocurrency returns.
Findings
The study findings underscore the profound psychological sway within cryptocurrency markets. The FGI notably predicts the returns of Bitcoin and Ethereum, underscoring the lasting connection between investor emotions and market behavior. An intriguing feedback loop between the FGI and cryptocurrency returns was identified, accentuating emotions' persistent role in shaping market dynamics. While associations between sentiment and returns were observed at specific lag periods, the nonlinear Granger causality test didn't statistically support nonlinear causality. This suggests linear interactions predominantly govern variable relationships. Cointegration tests highlighted a stable, enduring link between the returns of Bitcoin, Ethereum and the FGI over the long term.
Practical implications
Despite valuable insights, it's crucial to acknowledge our nonlinear analysis's sensitivity to methodological choices. Specifics of time series data and the chosen time frame may have influenced outcomes. Additionally, direct exploration of macroeconomic and geopolitical factors was absent, signaling opportunities for future research.
Originality/value
This study enriches theoretical understanding by illuminating causal dynamics between investor sentiment and cryptocurrency returns. Its significance lies in spotlighting the pivotal role of investor sentiment in shaping cryptocurrency market behavior. It emphasizes the importance of considering this factor when navigating investment decisions in a highly volatile, dynamic market environment.
Details
Keywords
The election was a major milestone for the ruling Democratic Progressive Party (DPP), which won a third presidential term, a first for a Taiwanese party since direct elections…
Details
DOI: 10.1108/OXAN-DB284614
ISSN: 2633-304X
Keywords
Geographic
Topical
The issue of energy efficiency is becoming increasingly prevalent globally due to factors such as the expansion of the population, economic growth and excessive consumption that…
Abstract
Purpose
The issue of energy efficiency is becoming increasingly prevalent globally due to factors such as the expansion of the population, economic growth and excessive consumption that is not sustainable in the long run. Additionally, healthcare facilities and hospitals are facing challenges as their operational costs continue to rise. The research aim is to develop strategic frameworks for managing green hospitals, towards energy efficiency and corporate governance in hospitals and healthcare facilities.
Design/methodology/approach
This research employs a qualitative case study approach, with a sample of ten hospitals examined through interviews with senior management, executives and healthcare facilities managers. Relevant data was also collected from literature and analysed through critical appraisal and content analysis. The research methodology is based on the use of grounded theory research methodologies to build theories from case studies.
Findings
The research developed three integrated conceptual strategic frameworks for managing hospitals and healthcare facilities towards energy efficiency, green hospital initiatives and corporate governance. The research also outlined the concepts of green hospitals and energy efficiency management systems and best practices based on the conclusions drawn from the investigated case studies.
Research limitations/implications
The study is limited to the initiatives and experiences of the healthcare facilities studied in the Middle East and North Africa (MENA) region.
Originality/value
The research findings, conclusions, recommendations and proposed frameworks and concepts contribute significantly to the existing body of knowledge. This research also provides recommendations for hospital managers and policymakers on how to effectively implement and manage energy efficiency initiatives in healthcare facilities.
Details
Keywords
Ankesh Mittal, Sandeep Sachan, Vimal Kumar, Sachit Vardhan, Pratima Verma, Mahender Singh Kaswan and Jose Arturo Garza-Reyes
Quality 4.0 represents the integration of quality management principles with digital technologies to drive continuous improvement and innovation in organizations. The purpose of…
Abstract
Purpose
Quality 4.0 represents the integration of quality management principles with digital technologies to drive continuous improvement and innovation in organizations. The purpose of this paper is to explore the essential organizational variables (OVs) for the successful implementation of Quality 4.0 in the Indian furniture industry.
Design/methodology/approach
Through a broad literature review, data from the Indian furniture industry and experts’ judgments a list of nineteen OVs have been recognized and classified into four major categories of digitalization, design, continuous improvement and employee training and up-skilling. The analytic hierarchy process (AHP) has been used to give comparative importance and prioritize the identified nineteen OVs of Quality 4.0 in the context of the Indian furniture industry.
Findings
The results of this study reveal that the identified variables are very important for successful Quality 4.0 implementation and have been supported by empirical evidence from the Indian furniture industry. The variable “automation” under the digitalization-related category is a significant variable having a maximum weightage of 26.8% followed by Cloud computing (DI4) having a global weight of 12.8%.
Research limitations/implications
In addition to offering valuable insights and practical recommendations, the study recognizes a few limitations, such as industry-specific and the limited sample size. To diminish these limitations, future research should believe in conducting similar studies in different industries and extend the scope of the study.
Originality/value
Quality 4.0 is a term that refers to the integration of advanced digital technologies and smart data analytics into quality management systems to implement it considering OVs.
Details
Keywords
Hamid Naseri, Tadeh Zirakian and Hossein Showkati
Vertical cylindrical welded steel tanks are typical thin-walled structures that are very susceptible to buckling under settlement. The major concern in the design of these…
Abstract
Purpose
Vertical cylindrical welded steel tanks are typical thin-walled structures that are very susceptible to buckling under settlement. The major concern in the design of these thin-walled structures is buckling failure. On this basis and by considering the findings of the previously reported research works, the stability performance of open-top steel tanks with various industrial applications under local support edge settlement is further investigated in this paper. This study aims to contribute to the current state-of-the-art in the design and retrofit of such thin-walled structures.
Design/methodology/approach
The buckling behaviors of numerous cylindrical shell models with various height-to-radius, radius-to-thickness and settlement span ratios are investigated through linear and nonlinear buckling analyses. The effects of addition of a top stiffening ring on the buckling behavior of cylindrical steel tanks are studied as well.
Findings
This parametric study demonstrates that the choice of the height-to-radius, radius-to-thickness and settlement span ratios as well as addition of the top stiffening ring can be quite effective on the stiffness and strength performances, deformations and stress distribution as well as intensity of vertical cylindrical welded steel tanks subjected to local support edge settlement.
Originality/value
This research endeavor was formulated on the basis of a comprehensive literature survey and demonstrates the relationship between geometrical as well as stiffening features and buckling stability performance of open-top tanks subjected to local support edge settlement and also provides practical recommendations for design and retrofit purposes.
Details
Keywords
Chenyu Zhang, Hongtao Xu and Yaodong Da
Thermal protection of a flange is critical for preventing tower icing and collapse of wind turbines (WTs) in extremely cold weather. This study aims to develop a novel thermal…
Abstract
Purpose
Thermal protection of a flange is critical for preventing tower icing and collapse of wind turbines (WTs) in extremely cold weather. This study aims to develop a novel thermal protection system for the WTs flanges using an electrical heat-tracing element.
Design/methodology/approach
A three-dimensional model and the Poly-Hexacore mesh structure are used, and the fluid-solid coupling method was validated and then deployed to analyze the heat transfer and convection process. Intra-volumetric heat sources are applied to represent the heat generated by the heating element, and the dynamic boundary conditions are considered. The steady temperature and temperature uniformity of the flange are the assessment criteria for the thermal protection performance of the heating element.
Findings
Enlarging the heating area and increasing the heating power improved the flange's temperature and temperature uniformity. A heating power of 4.9 kW was suitable for engineering applications with the lowest temperature nonuniformity. Compared with continuous heating, the increased temperature nonuniformity was buffered, and the electrical power consumption was reduced by half using pulse heating. Pulse heating time intervals of 1, 3 and 4 h were determined for the spring, autumn and winter, respectively.
Originality/value
The originality of this study is to propose a novel electrical heat-tracing thermal protection system for the WTs flanges. The effect of different arrangements, heating powers and heating strategies was studied, by which the theoretical basis is provided for a stable and long-term utilization of the WT flange.
Details
Keywords
The purpose of this paper is to scrutinize the safe haven benefits of 13 individual commodities for the USA and Chinese equity sectors during the financial turmoil period…
Abstract
Purpose
The purpose of this paper is to scrutinize the safe haven benefits of 13 individual commodities for the USA and Chinese equity sectors during the financial turmoil period. Therefore, sectoral investors in the USA and China could invest in those specific commodities that provide stable returns during the health crisis and financial turmoil periods.
Design/methodology/approach
The daily data spans from February 1, 2015, to July 28, 2022. The present study applies several different approaches to analyzing the data set. The author apply the cross-quantilogram (C.Q) methodology to capture the lead-lag bivariate quantile interdependence between two stationary time series variables during the bearish, bullish and normal periods. Then the study used the hedging effectiveness (HE) and conditional diversification benefits (CDB) approaches to capture the hedging and diversification benefits of commodity classes and individual commodities.
Findings
The noteworthy findings of the quantilogram methodology reveal that livestock and agriculture commodities serve as better refuges as compared to the precious metals and energy index in both countries. On average, precious metals failed to serve as safe haven investments for the USA and Chinese equity market sectors. All energy commodities except soybean oil had strong comovements with China and the US equity sectors during bearish, bullish and normal periods. Lean hogs, fiddler cattle and live cattle are perfect hedging assets for both countries due to the presence of blue color at normal and bullish periods in all C.Q heat-maps. The HE table depicts that commodity indices and individual commodities failed to serve as hedging assets for the Chinese equity sectors. But commodities are semistrong hedging assets for the US equity sectors and the S&P 500 due to the average HE values being 0.7 and above. The CDB values depict that precious metals provide diversification benefits in both equity markets.
Practical implications
The present study results have important implications for equity sector investors of the USA and China in suggesting particular commodity during the financial turmoil period. During the bearish market condition, risk averse equity sector investors can invest in livestock commodities and agriculture commodities, due to their relatively stable returns. In addition, policymakers can use the analysis insights to formulate policy tools and monitoring mechanisms, effectively mitigating the unfavorable effects arising from asymmetric dependence between commodities and equity sectors during the upper tail, middle and lower tail. Policymakers can suggest equity investors to invest in which commodity during extreme conditions.
Originality/value
The current study has the following points of originality. First, to the best of the author’s knowledge, this is the first study to investigate the individual commodities’ roles as safe havens taken from all four major commodity classes. More importantly, it is also noticeable that the safe haven abilities of commodities are usually tested for the stock market, but the equity sectors are ignored. Therefore, the present study used both stock market and sectoral indices data.
Details
Keywords
Luca Carrubbo, Silvia Cosimato and Anna Roberta Gagliardi
Service organizations operate in an increasingly complex and uncertain context that makes decision-making challenging. Despite well-recognized changes in the operational context…
Abstract
Purpose
Service organizations operate in an increasingly complex and uncertain context that makes decision-making challenging. Despite well-recognized changes in the operational context of government as service organization, service literature has given surprisingly limited attention to what these changes imply for organizational decision-making. This study aims to face with the lack of fit of decision-making theorizing with the reality, within which most service practitioners operate, in order to foster the relevance of decision-making in service research and properly approach the false assumptions and misguided instructions for action.
Design/methodology/approach
To rectify the situation, the purpose of this paper is to advance a more holistic understanding of decision-making in government as service organization. The authors do so by reviewing the sparse, though insightful, prior literature on decision-making in service research and identifying four foundational assumptions of decision-making in the service context, that radically differ from the traditional assumptions of decision-making within the wider management literature.
Findings
The authors contribute to service research by further advancing the emerging dynamic understanding of decision-making by developing eight systems thinking-informed research propositions and a connected research agenda. In doing so, the paper offers the essential ground work that can revitalize the field of service management and equip it for facing the challenges that government as service organization is encountering in the 21st century.
Originality/value
The formulated eight research propositions demonstrate that decision-making in a government as service organization occurs within complex adaptive systems composed of multiple subsystems and is characterized by a high degree of unpredictability. It is a process influenced by multiple actors part of the system and subsystems, through multiple feedback loops, where the implications of prior decisions inform the future decisions.
Details