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This study aims to propose a moderated mediation model to investigate the moderating effects of environmental, social and governance (ESG) performance on the relationship between inefficient investment and firm performance and the mediating effect of firms that participate in institutional research on the relationship between investment efficiency and performance. This study also analyses the heterogeneity of the corporate nature, intensity of industrial research and development (R&D), industrial competition and regional marketization.

This study uses a panel data fixed-effects model to conduct a regression analysis of 1,918 Chinese listed firms from 2016 to 2020. A Fisher’s permutation test is used to examine the differences between state-owned and nonstate-owned firms.

Inefficient investment negatively impacts corporate performance and higher ESG performance exacerbates this effect by attracting more institutional research which reveals more problems. State-owned enterprises perform significantly better than nonstate-owned enterprises in terms of ESG transformation. Industrial R&D intensity, competition and regional marketization also mitigate the negative effects of inefficient investment on corporate performance.

This study suggests that companies should consider inefficient investments that arise from agency issues in corporate ESG transformation. In addition, state-owned enterprises in ESG transformation should take the lead to achieve sustainable development more efficiently. China should balance regional marketization, encourage enterprises to increase R&D intensity, reduce industry concentration, encourage healthy competition and prevent market monopolies.

This study combines the agency and stakeholder theories to reveal how inefficient investments that arise from agency issues inhibit value creation in ESG initiatives.

The purpose of this paper is to provide a critical historical analysis of the business (mis)behaviors and influencing factors that discourage enduring cooperation between principals and agents, to introduce strategies that embrace the social values, economic motivation and institutional designs historically adopted to curtail dishonest acts in international business and to inform an improved principal–agent theory that reflects principal–agent reciprocity as shaped by social, political, cultural, economic, strategic and ideological forces

The critical historical research method is used to analyze Chinese compradors and the foreign companies they served in pre-1949 China.

Business practitioners can extend orthodox principal–agent theory by scrutinizing the complex interactions between local agents and foreign companies. Instead of agents pursuing their economic interests exclusively, as posited by principal–agent theory, they also may pursue principal-shared interests (as suggested by stewardship theory) because of social norms and cultural values that can affect business-related choices and the social bonds built between principals and agents.

The behaviors of compradors and foreign companies in pre-1949 China suggest international business practices for shaping social bonds between principals and agents and foreign principals’ creative efforts to enhance shared interests with local agents.

Understanding principal–agent theory’s limitations can help international management scholars and practitioners mitigate transaction partners’ dishonest acts.

A critical historical analysis of intermediary businesspeople’s (mis)behavior in pre-1949 (1840–1949) China can inform the generalizability of principal–agent theory and contemporary business strategies for minimizing agents’ dishonest acts.

This study aims to explore and address critical aspects of IoT adoption within supply chains by identifying the key enablers and barriers, examining the drivers and challenges, and assessing the benefits and drawbacks associated with IoT implementation. Additionally, the study aims to provide insights into how organizations can leverage IoT to enhance supply chain performance across economic, operational, social, and environmental dimensions.

This study employed a systematic literature review strategy to identify relevant research published between 2009 and 2024. Using the Scopus database, an initial search yielded 369 publications. Preliminary selection criteria were then applied to narrow down the articles for further detailed evaluation. This process led to an in-depth review of 123 publications, from which data were meticulously extracted, organized into tables and analyzed. Finally, the authors developed a categorization system based on the scope and temporal aspects of IoT implementation.

This study developed a comprehensive model that identified six themes influencing IoT implementation in supply chains: pre-implementation enablers and barriers, drivers and challenges during implementation, and post-implementation benefits and drawbacks. Recommendations were mapped into four performance dimensions: environmental, social, operational, and economic. The analysis showed that IoT can enhance supply chain risk management, process integration, sustainability, collaboration, resilience, and performance measurement. Key technologies aiding IoT implementation include blockchain, radio frequency identification (RFID), enterprise resource planning (ERP), and cloud computing.

This study is one of the few to conduct a comprehensive review of widely cited papers on IoT adoption in supply chains. It systematically summarizes the enablers, barriers, drivers, challenges, benefits, and drawbacks associated with such adoption. Furthermore, it proposes a distinctive model designed to assist organizations in successfully implementing IoT technologies, thereby filling a critical gap in the existing literature.

In smart cities striving for innovation, development, and prosperity, hydrogen offers a promising path for decarbonization. However, its effective integration into the evolving energy landscape requires understanding regional intricacies and identifying areas for improvement. This chapter examines hydrogen transport from production to utilization, evaluating technologies’ pros, cons, and process equations and using Analytic Hierarchy Process (AHP) as a Multi-Criteria Decision-Making (MCDM) tool to assess these technologies based on multiple criteria. It also explores barriers and opportunities in hydrogen transport within the 21st-century energy transition, providing insights for overcoming challenges. Evaluation criteria for hydrogen transport technologies were ranked by relative importance, with energy efficiency topping the list, followed by energy density, infrastructure requirements, cost, range, and flexibility. Safety, technological maturity, scalability, and compatibility with existing infrastructure received lower weights. Hydrogen transport technologies were categorized into three performance levels: low, medium, and high. Hydrogen tube trailers ranked lowest, while chemical hydrides, hydrail, liquid organic hydrogen carriers, hydrogen pipelines, and hydrogen blending exhibited moderate performance. Compressed hydrogen gas, liquid hydrogen, ammonia carriers, and hydrogen fueling stations demonstrated the highest performance. The proposed framework is crucial for next-gen smart cities, cutting emissions, boosting growth, and speeding up development with a strong hydrogen infrastructure. This makes the region a sustainable tech leader, improving air quality and well-being. Aligned with Gulf Region goals, it is key for smart cities. Policymakers, industries, and researchers can use these insights to overcome barriers and seize hydrogen transport tech opportunities.

The construction and real estate sectors are vital to national economies, but traditional construction methods often lead to challenges such as safety risks, noise and environmental pollution. While intelligent construction is believed to mitigate these issues, there is a lack of solid empirical evidence on whether it truly benefits the general public. This paper seeks to explore the societal benefits of intelligent construction from the public’s perspective, addressing this research gap.

The research adopts a two-step approach. First, topic mining is conducted to identify topics closely related to the public’s daily life, such as environmental impact, construction traffic management and construction technologies. These topics are then analyzed through sentiment analysis using a bidirectional long short-term memory model with attention mechanism to determine whether the public has a favorable view of these aspects of intelligent construction, indirectly demonstrating the benefits to the public.

The primary topics identified include “industry development,” “technology enterprise,” “construction equipment,” “intelligent technology,” “environmental protection,” “robots” and “construction traffic management.” Sentiment analysis shows that public sentiment is overwhelmingly positive across all topics and regions, with “environmental protection,” “construction traffic management” and “robots” receiving the most favorable reactions.

This study provides empirical evidence of the societal benefits of intelligent construction from the public’s viewpoint using social media data. The results highlight the need for continued promotion and adoption of intelligent construction due to its positive impact on society.

Motivated by the ongoing debate around transparency in empirical research and the reproducibility of scientific discoveries, this study aims to quantify the presence or absence of evidential value in published findings within the field of servitization research. Specifically, it evaluated whether the findings of published articles on the relationship between servitization and firm performance were free from p-hacking and selective reporting practices.

A total of 76 studied on this relationship were synthesized. For the main p-curve analysis, only one significant p-value was extracted from each article, ensuring compliance with the requirements of the p-curve method. Specifically, the analyzed p-values were independent of one another and exhibited a uniform distribution.

Both the main p-curve analysis results and robustness tests support the conclusion that this branch of the literature does have evidential value based on the published findings. Furthermore, approximately 60 studies included in the main p-curve analysis reported a significance level of p < 0.025 regarding the relationship between servitization and firm performance.

This research contributes to the ongoing debate on transparency in servitization research and advances the current understanding of the relationship between servitization and firm performance.

Continuous knowledge contribution behaviors (CKCB) are critical for the healthy development of online medical communities (OMCs). However, it is unclear that if and how contributors' prior actions and the responses they received from the community influence the nature of their future contributions. Drawing upon the Information Systems Continuance theory and Service Feedback theory, the purpose of the study is to examine the impact of knowledge contribution performance (KCP) on doctors' CKCB. Evaluation of social motivation, financial incentive and the moderating influence of expertise level (EL) provided further insight into the pathways that motivate various forms of CKCB.

In order to better understand the CKCB of physicians in OMCs, the authors divided it into two categories: A_CKCB (active CKCB) and P_CKCB (passive CKCB). Information Systems Continuance theory and Service Feedback theory are adapted and integrated with empirical findings from previous research on OMCs to develop a model of CKCB. This study used ordinary least squares (OLS) regression to test hypotheses in the preexisting research model based on data collected from a Chinese OMC platform.

The results show that KCP helps develop several facets of CKCB. According to the findings, doctors' CKCB improved dramatically after receiving feedback from A_CKCB and P_CKCB, but feedback from peers did not promote CKCB. This study found that financial rewards only have a significant positive effect on P_CKCB, and that the level of expertise has a negative effect on the effect. The findings also demonstrated that doctors' level of expertise moderates the relationship between fA_CKCB (a comprehensive evaluation of doctors' A_CKCB) and A_CKCB.

Future studies should look at the role of self-efficacy as a mediator and attitudes as a moderator in the link between KCP and various forms of CKCB. This will help authors figure out how important KCP is for physicians' CKCB. And future research should use more than one way to gather data to prove the above roles.

This study makes a significant contribution to understanding the association between CKCB and KCP by highlighting the significance of distinguishing between the various forms of CKCB and their underlying causes.

This research has advanced both the theory and practice of OMCs' user management by illuminating the central role of KCP in this context.

How does business model design play a role in enabling manufacturing firms’ services? This study aims to investigate the impact of two distinct types of business model design, namely, efficiency-centered business model design (EBMD) and novelty-centered business model design (NBMD), and their effects in balanced and imbalanced configurations, on two types of services: product- and customer-oriented services.

Using matched survey data of 390 top managers and objective performance data of 195 Chinese manufacturing firms, this study uses hierarchical regression, polynomial regression and response surface analysis to test the hypotheses.

The results show that while EBMD positively affects product-oriented services, NBMD positively affects customer-oriented services. Both types of services exert a significant influence on firm performance. Furthermore, the degree of product- and customer-oriented services increases with an increasing effort level with a balance between EBMD and NBMD. Asymmetrical, imbalanced configuration effects reveal that the degree of product-oriented services is higher when the EBMD effort exceeds the NBMD effort, and the degree of customer-oriented services is higher when the NBMD effort exceeds the EBMD effort.

This study enriches the understanding of designing business models to facilitate service growth in manufacturing firms, ultimately benefiting firm performance. In addition, exploring balanced and imbalanced configurations of EBMD and NBMD offers new insights into business model dual design research.

This paper aims to provide a reference for the development of digital transformation from the perspective of manufacturing process links.

This paper applies canonical correlation analysis based on digital technology patents in the key links of manufacturing industries (product design, procurement, product manufacturing, warehousing and transportation, and wholesale and retail) and the related indicators of economic benefits of regions in China.

(1) The degree of digitalization of manufacturing process links is significantly correlated with economic benefits. (2) The improvement of the degree of digitalization in the “product design” link, the “warehousing and transportation” link, the “product manufacturing” link and the “wholesale and retail” link has significant impacts on the economic benefits of manufacturing industry. (3) The digital degree of the “procurement” link has no obvious influence on the economic benefits of manufacturing industry.

The research results can provide reference for the formulation and implementation of micro policies. The strategy of improving the level of digital transformation of key links of manufacturing industry is put forward to better promote both the digital transformation of manufacturing industry and economic development.

This paper innovatively studies the relationship between digitalization of manufacturing process links and economic benefits. The findings can provide theoretical and empirical support for the digital transformation of China's manufacturing industry and high-quality development of economy.

This study aims to understand the relationship among the anthropomorphic features, perceived authenticity on customer engagement and electronic word of mouth using the integration of realism and trust theory in the context of virtual influencers (VI). This research also investigates the moderation of brand familiarity on both focal aspects of trust (cognitive and affective), anthropomorphic cues and perceived authenticity.

A mall-intercept survey approach was used to collect the responses using a structured survey from 377 respondents from India. The proposed model was tested using structural equation modelling.

The findings indicate that physical and cognitive anthropomorphic features and perceived authenticity influence cognitive trust. However, affective trust is only influenced by perceived authenticity. Apart from this, higher levels of trust in VI contribute towards higher customer engagement and lead to sharing electronic word of mouth. Finally, brand familiarity moderates the relationship between emotional cues and affective trust.

The popularity of VI is driving companies to redesign their marketing strategies. Due to the limitations of human influencers, companies are allocating budgets for VI-based marketing strategies. However, it is still unclear how consumers perceive VI as a brand endorser and what would be its implications. This study suggests that consumers are looking for anthropomorphic cues such as physical, cognitive and emotional cues of humanness in the VI, along with authentic content shared through them to instil their trust. Once the trust is built, consumers will be engaged and say positive things about VI.

This study fills the gap by examining how anthropomorphic features and perceived authenticity contributed to both dimensions of trust (cognitive and affective), further enhancing customer engagement and electronic word of mouth. This research also examined the moderation of brand familiarity on the relationship between trust and its antecedents.