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1 – 10 of 18Recognizing the growing role of green sourcing in a supply chain ecosystem, this paper identifies the most common business practices that make green sourcing more successful and…
Abstract
Purpose
Recognizing the growing role of green sourcing in a supply chain ecosystem, this paper identifies the most common business practices that make green sourcing more successful and then examines the ramifications of green sourcing practices from cost, ecological and cultural perspectives based on cross-national surveys of both Korean and US firms.
Design/methodology/approach
After conducting the questionnaire surveys in Korea and the US, we analyzed the results by running a series of binary logistics regression, ordinal regression, canonical correlation, discriminant analyses and chi-square tests of independence and cross-tabulation. These statistical data analyses were also used to test a number of hypotheses and validate the proposed theories.
Findings
Analyses of these results revealed significant differences in green sourcing practices between Korean and US firms in that US firms tended to make more substantial commitments to green sourcing than Korean firms. For instance, Korean firms viewed the supplier’s advances in providing eco-friendly packages and goods as the most important attribute for their green supplier selection. In contrast, the US firms prioritized the supplier’s capability to handle hazardous waste disposal and compliance with federal and state environmental regulations in their green supplier selection.
Originality/value
This paper is one of a few studies that expanded the research scope from cross-national and/or cultural perspectives and empirically identified idiosyncrasies unique to the national origin of buying firms that explored green-sourcing initiatives, which aim to reduce the carbon footprints of supply chain activities and minimize unnecessary waste. This paper is also one of the first studies to build a theoretical foundation for worldwide green sourcing practices predicated on institutional and Edgar Schein theories.
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This chapter discusses the challenges and opportunities of integrating big data generated by contemporary museums into data ecology and data fabrics of smart cities. First, it…
Abstract
This chapter discusses the challenges and opportunities of integrating big data generated by contemporary museums into data ecology and data fabrics of smart cities. First, it exposes that smart cities could enhance their global reputation, visibility and image by building on closer collaborations with museums. Second, it demonstrates that museums in the 21st century have transformed into hyper-connected cultural hubs, spreading their reach and impact beyond their immediate urban locations. Finally, this chapter discusses creative approaches to data-curation mechanisms that stress the role of museums and cultural heritage sites in supplying data for a more strategic and proactive smart city co-design and management. Specifically, this chapter offers a three-dimensional framework for integrating heritage data in the design of smart city data ecosystems, which includes such components as Data Resources, Data Republics and Data Impacts. Data Resources stresses museum collections’ data and meta-data as a strategic resource to empower creative public data-curation practices to tell meaningful stories about the city and enhance place-making. Data Republics focuses on big data generated by visitors online or on-site as a foundation for evidence-based urban research, design and management, empowering more sustainable, safe and enjoyable tourism. Data Impacts details data-driven methodologies that museums could employ to measure public sentiment and opinion to offer new human-centred indicators to understand the performance of smart cities. This chapter shares a conceptual framework for repurposing museum data within a smart city data ecology to translate the current data excess into data intelligence.
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Hyogon Kim, Eunmi Lee and Donghee Yoo
This study aims to provide measurable information that evaluates a company’s ESG performance based on the conceptual connection between ESG, non-financial elements of a company…
Abstract
Purpose
This study aims to provide measurable information that evaluates a company’s ESG performance based on the conceptual connection between ESG, non-financial elements of a company and the UN Sustainable Development Goals (SDGs) for resolving global issues.
Design/methodology/approach
A novel data processing method based on the BERT is presented and applied to analyze the changes and characteristics of SDG-related ESG texts from companies’ disclosures over the past decade. Specifically, ESG-related sentences are extracted from 93,277 Form 10-K filings disclosed between 2010 and 2022 and the similarity between these extracted sentences and SDGs statements is calculated through sentence transformers. A classifier is created by fine-tuning FinBERT, a financial domain-specific pre-trained language model, to classify the sentences into eight ESG classes.
Findings
The quantified results obtained from the classifier reveal several implications. First, it is observed that the trend of SDG-related ESG sentences shows a slow and steady increase over the past decade. Second, large-cap companies relatively have a greater amount of SDG-related ESG disclosures than small-cap companies. Third, significant events such as the COVID-19 pandemic greatly impact the changes in disclosure content.
Originality/value
This study presents a novel approach to textual analysis using neural network-based language models such as BERT. The results of this study provide meaningful information and insights for investors in socially responsible investment and sustainable investment and suggest that corporations need a long-term plan regarding ESG disclosures.
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Arthur Lefebvre, Milena M. Parent, Marijke Taks, Michael L. Naraine, Benoit Séguin and Russell Hoye
This paper aims to explore the potential configurations of governance, brand governance and social media strategies leading to effective organizational performance.
Abstract
Purpose
This paper aims to explore the potential configurations of governance, brand governance and social media strategies leading to effective organizational performance.
Design/methodology/approach
A fuzzy-set Qualitative Comparative Analysis including 28 Canadian national sport organizations (NSOs) and six conditions highlighted two sufficient configurations for effective organizational performance, defined as either budget per capita or athlete numbers.
Findings
Although no single component of governance, brand governance, or social media strategy is necessary to succeed overall, brand reputation and the strategic use of social media to communicate NSO identity were common to both identified configurations. Accountability was important for effective organizational performance in terms of budget per capita, while transparency was more important for higher athlete numbers. Thus, condition specificity is paramount in non-profit organizations that often have multiple objectives.
Originality/value
This study provides substantial theoretical and managerial implications, including the need to integrate brand governance and social media in non-profit organizations' overall governance activities.
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Richard Ramsawak, Samuel Buertey, Greeni Maheshwari, Duy Dang and Chung Thanh Phan
This paper explores the relationship between board interlocks and firm outcomes by reviewing the most recent peer-reviewed articles examining this research theme.
Abstract
Purpose
This paper explores the relationship between board interlocks and firm outcomes by reviewing the most recent peer-reviewed articles examining this research theme.
Design/methodology/approach
A systematic and bibliometric methodology of assessing 369 peer-reviewed articles from the Web of Science (WoS) database was applied. The study also leverages key R-packages litsearchr and Bibliometrix software to enhance the descriptive and thematic literature analysis to identify gaps and opportunities for new research.
Findings
This study confirms a rapid increase in articles on this thematic area, over the last decade, with increasing collaboration occurring among researchers in the United States, Europe, China, South Korea and India. Four core research clusters are identified. The first and largest cluster links interlocked directors to issues related to corporate governance and firm outcomes. The second cluster links social network theory, interlocking directorates and firm outcomes. Smaller emerging research clusters include topics related to ownership structure, board size, political connectedness and impacts on firm outcomes. The final cluster examines the influence of board interlocks on market value and firm innovation.
Practical implications
Interlocked directors can have both positive and negative impacts on a wide variety of firm outcomes. This study places great interest in the selection of new directors, ensuring that the selection has aligned with the needs and interests of the company and disclosures of potential competing interests are declared and considered. Equally important are the governance practices used to monitor directors' behavior and to protect the interest of shareholders and the firm. This is particularly relevant in the internal appointment of interlocked directors to critical positions, such as audit committees or instances where interlocked directors may simultaneously hold CEO or executive leadership positions in other companies.
Originality/value
This paper examines the board interlocks literature related to firm outcomes. Additionally, this review identifies several topics and disciplines which, if pursued, could enrich the literature and promise new avenues for future research.
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Shea X. Fan, Sophia Xiaoxia Duan and Hepu Deng
Improving digital work experience is critical for the job performance of individuals and the competitiveness of organizations due to their increasing use. This paper investigates…
Abstract
Purpose
Improving digital work experience is critical for the job performance of individuals and the competitiveness of organizations due to their increasing use. This paper investigates how organization support affects the digital work experience of individuals differently depending on their levels of information technology (IT) identity.
Design/methodology/approach
Drawing upon the IT identity literature and the conservation of resources (COR) theory, a conceptual model is developed, tested and validated using the data collected in Australia through an experimental design in which IT identity is manipulated.
Findings
This study reveals a nuanced impact of organization support on shaping digital work experience. Specifically, it finds that technical support is more effective in improving the digital work experience of individuals with a high level of IT identity, whereas well-being support is more effective in enhancing the digital work experience of individuals with a low level of IT identity.
Originality/value
This research contributes to the IT identity literature by introducing a novel experimental design to manipulate IT identity in the digital work context. It also contributes to the digital work literature by introducing a resource perspective for identifying well-being support, technical support and IT identity as the key resources in shaping digital work experience and calling for attention to IT identity as a boundary condition on the effectiveness of organization support. The findings can help organizations formulate better strategies and policies to improve digital work experience by providing tailored support to individuals with different levels of IT identity.
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Fatima Mohamed Saif Al Nuaimi, Sanjay Kumar Singh and Syed Zamberi Ahmad
This study aims to examine the relationships between organizational learning capabilities, open innovation and firm performance (FP) in the context of small and medium enterprises…
Abstract
Purpose
This study aims to examine the relationships between organizational learning capabilities, open innovation and firm performance (FP) in the context of small and medium enterprises (SMEs) in the emerging economies.
Design/methodology/approach
Data collected from 384 manufacturing SMEs operating across the seven emirates of the UAE were statistically analyzed using SmartPLS 3 to examine the hypotheses of this study.
Findings
The results show that organizational learning capabilities positively influences both inbound and outbound dimensions of open innovation (OI). Inbound open innovation (IP) practice positively impacted both market effectiveness and profitability, while outbound open innovation (OP) practice only affected profitability. Findings further confirmed the mediating role of IP practice on the relationships of organizational learning capabilities with market effectiveness and profitability. In contrast, OP practice did not mediate the relationships of organizational learning capabilities with market effectiveness and profitability.
Originality/value
To the best of the authors knowledge, this is among the first study contributing to the extant innovation literature in terms of investigations into the significant and complex interrelations of organizational learning capabilities, OI and FP in a single study, demonstrating various theoretical implications in the context of manufacturing SMEs in emerging countries. Overall, the findings of this study confirmed that the owners/managers of the UAE’s manufacturing SMEs need to be acquainted with the need of creating a working environment fostering organizational learning processes and capabilities to enhance IP and OP activities, thereby improving their market effectiveness and profitability.
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Thomas Kim and Li Sun
Using a sample of oil and gas firms in the USA, the study examines the relation between the presence of hedging and annual report readability.
Abstract
Purpose
Using a sample of oil and gas firms in the USA, the study examines the relation between the presence of hedging and annual report readability.
Design/methodology/approach
The authors use regression analysis to examine the relation between the presence of hedging and annual report readability.
Findings
The authors find that annual reports of firms with the use of hedging are less readable (i.e. difficult to read and understand). The authors also find that the primary results are more pronounced for firms with a higher level of business volatility.
Originality/value
The study contributes to the finance literature on the use and value of hedging and to the accounting literature on the determinants of annual report readability. The Securities and Exchange Commission (SEC) has persistently asked companies to improve the readability of their disclosures to stakeholders (SEC, 1998; 2013, 2014). Hence, the study not only identifies a potential determinant (i.e. hedging) that may influence the level of readability but also supports the current regulatory policy by the SEC, which is encouraging companies to improve readability.
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