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1 – 10 of 257James H. Love, Nigel Driffield, Katiuscia Lavoratori and Yong Yang
The issue of motivation for foreign direct investment (FDI) is central to international business (IB) theory and empirical research. The most common starting point is Dunning’s…
Abstract
Purpose
The issue of motivation for foreign direct investment (FDI) is central to international business (IB) theory and empirical research. The most common starting point is Dunning’s four motives (4M) framework: market seeking, natural resource seeking, efficiency seeking and strategic asset seeking. This paper explores the genesis, development and application of the 4M framework and demonstrate how it has developed from an abstract typology and heuristic device unsupported by empirical evidence into a set of concrete behavioral assumptions with theoretical and methodological consequences for IB research.
Design/methodology/approach
The paper is mainly conceptual, based on relevant theoretical work on FDI motives, and partly methodological, concentrating on the importance of realism for behavioral assumptions in IB.
Findings
The authors demonstrate that the shift in the 4M framework from abstract typology to a set of concrete behavioral assumptions has important implications for the development of IB theory and methodology. A critical issue has largely been ignored: the role of realism in the assumptions on which theory and its empirical testing are based and the possible consequences of unrealism in key behavioral assumptions. The authors show that attempts to “fix” the problems inherent in the 4M framework will inevitably fail and suggest ways in which it is possible to inject more realism into behavioral assumptions underlying FDI motivation.
Practical implications
The authors demonstrate that the applicability of the 4M approach, for either firms or policymakers seeking to attract FDI and maximize the benefits from it, needs to be more clearly understood in the context of the particular decision.
Social implications
Many countries see the attraction of FDI as central to their plans for economic growth and indeed the propensity for industrial development and moving up the value chain. The understanding of FDI motive has, in recent years, been recognized as central to this. The authors offer an important nuance to this understanding.
Originality/value
The paper offers both theoretical and methodological insights for IB scholars interested in FDI motivation.
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Qixin Zhu, Wenxin Sun, Yehu Shen, Guizhong Fu, Yong Yang and Jinbin Li
This study aims to improve the control accuracy and antidisturbance performance of the manipulator with the flexible link, a combined controller, which combines the novel…
Abstract
Purpose
This study aims to improve the control accuracy and antidisturbance performance of the manipulator with the flexible link, a combined controller, which combines the novel backstepping sliding mode controller based on the extended state observer (ESO) and super-twisting sliding mode controller.
Design/methodology/approach
First, the dynamic of the system is constructed by Lagrange method and assumed mode method, and then the dynamic is decoupled by the singular perturbation theory to obtain the slow-varying subsystem and fast-varying subsystem. For the slow-varying subsystem, the novel backstepping sliding mode controller based on ESO is used to achieve joint tracking. For the fast-varying subsystem, the super-twisting sliding mode controller is used for vibration suppression. At the same time, to suppress chattering, the tanh function is used to replace the sign function in the reaching law.
Findings
The simulation results show that the combined control has better trajectory tracking performance, antiinterference performance and vibration suppression performance than traditional sliding mode control (SMC).
Originality/value
A novel backstepping sliding mode controller based on ESO is designed to guarantee the performance of the tracking trajectory. The new controller improves the converge rate. A super-twisting sliding mode controller, which can stabilize the fast-varying subsystem, is used to suppress the vibration of flexible link.
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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…
Abstract
Purpose
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
Design/methodology/approach
The critical historical research method is used to analyze Chinese compradors and the foreign companies they served in pre-1949 China.
Findings
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.
Research limitations/implications
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.
Practical implications
Understanding principal–agent theory’s limitations can help international management scholars and practitioners mitigate transaction partners’ dishonest acts.
Originality/value
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.
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This study aims to investigate the influences of Al2O3 mass fraction on the corrosive wear and electrochemical behaviors of FeAl–xAl2O3 coatings.
Abstract
Purpose
This study aims to investigate the influences of Al2O3 mass fraction on the corrosive wear and electrochemical behaviors of FeAl–xAl2O3 coatings.
Design/methodology/approach
FeAl–xAl2O3 coatings were prepared on S355 steel by laser cladding to improve its corrosive wear and electrochemical properties.
Findings
The average coefficients of friction and wear rates of FeAl–xAl2O3 coatings are decreased with the Al2O3 mass fraction, and the Al2O3 plays a positive role in the corrosion wear resistance. Moreover, the charge transfer resistance of FeAl–xAl2O3 coatings is increased with the Al2O3 mass fraction, showing the FeAl–15%Al2O3 coating has the best corrosion resistance. The findings show the corrosion resistance of FeAl–15%Al2O3 coating is the highest among the three kinds of coatings.
Originality/value
Al2O3 was first added into FeAl coatings to further improve its corrosive wear and electrochemical properties by laser cladding.
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Hui-Zhong Xiong, Xin Yang, Yong-Nan He and Yong Huang
This paper aims to optimize cable-stayed force in asymmetric one-tower cable-stayed bridge formation using an improved particle swarm algorithm. It compares results with the…
Abstract
Purpose
This paper aims to optimize cable-stayed force in asymmetric one-tower cable-stayed bridge formation using an improved particle swarm algorithm. It compares results with the traditional unconstrained minimum bending energy method.
Design/methodology/approach
This paper proposes an improved particle swarm algorithm to optimize cable-stayed force in bridge formation. It formulates a quadratic programming mathematical model considering the sum of bending energies of the main girder and bridge tower as the objective function. Constraints include displacements, stresses, cable-stayed force, and uniformity. The algorithm is applied to optimize the formation of an asymmetrical single-tower cable-stayed bridge, combining it with the finite element method.
Findings
The study’s findings reveal significant improvements over the minimum bending energy method. Results show that the structural displacement and internal force are within constraints, the maximum bending moment of the main girder decreases, resulting in smoother linear shape and more even internal force distribution. Additionally, the tower top offset decreases, and the bending moment change at the tower-beam junction is reduced. Moreover, diagonal cable force and cable force increase uniformly with cable length growth.
Originality/value
The improved particle swarm algorithm offers simplicity, effectiveness, and practicality in optimizing bridge-forming cable-staying force. It eliminates the need for arbitrary manual cable adjustments seen in traditional methods and effectively addresses the optimization challenge in asymmetric cable-stayed bridges.
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Total risk score (TRS) is considered one of the main indicators for risk evaluation. Several studies attempted to employ different types of risk indices for the evaluation of cost…
Abstract
Purpose
Total risk score (TRS) is considered one of the main indicators for risk evaluation. Several studies attempted to employ different types of risk indices for the evaluation of cost overrun causes. Hence, this study aims at performing a comparative analysis to evaluate the efficiency of three different approaches for TRS calculation.
Design/methodology/approach
Thirty-eight unique causes of cost overrun in urban-related construction projects were identified and a survey was conducted among construction professionals in Iran. The TRS for each cost overrun cause is calculated using single-attribute (SA), double-attribute (DA), and multiple-attribute (MA) approaches, and eventually, causes were ranked. Furthermore, principal component analysis (PCA), logistic regression analysis (LRA), and K-means clustering are utilized to compare the differences in the generated TRS using different approaches.
Findings
The results revealed that the TRS generated through the MA approach demonstrated the highest efficiency in terms of generating correlation between causes and their identified latent constructs, prediction capability, and classification of the influential causes in the same group.
Originality/value
The originality of this study primarily stems from the adoption of statistical approaches in the evaluation of the recently introduced TRS calculation approach in comparison to traditional ones. Additionally, this study proposed a modified application of the relative importance index (RII) for risk prioritization. The results from this study are expected to fulfill the gap in previous literature toward exploring the most efficient TRS calculation approach for those researchers and practitioners who seek to utilize them as a measure to identify the influential cost overrun causes.
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Yong Qi, Qian Chen, Mengyuan Yang and Yilei Sun
Existing studies have paid less attention to the impact of knowledge accumulation on digital transformation and its boundary conditions. Hence, this study aims to investigate the…
Abstract
Purpose
Existing studies have paid less attention to the impact of knowledge accumulation on digital transformation and its boundary conditions. Hence, this study aims to investigate the effects of ambidextrous knowledge accumulation on manufacturing digital transformation under the moderation of dynamic capability.
Design/methodology/approach
This study divides knowledge accumulation into exploratory and exploitative knowledge accumulation and divides dynamic capability into alliance management capability and new product development capability. To clarify the relationship among ambidextrous knowledge accumulation, dynamic capability and manufacturing digital transformation, the authors collect data from 421 Chinese listed manufacturing enterprises from 2016 to 2020 and perform analysis by multiple hierarchical regression method, heterogeneity test and robustness analysis.
Findings
The empirical results show that both exploratory and exploitative knowledge accumulation can significantly promote manufacturing digital transformation. Keeping ambidextrous knowledge accumulation in parallel is more conducive than keeping single-dimensional knowledge accumulation. Besides, dynamic capability positively moderates the relationship between ambidextrous knowledge accumulation and manufacturing digital transformation. Moreover, the heterogeneity test shows that the impact of ambidextrous knowledge accumulation and dynamic capabilities on manufacturing digital transformation varies widely across different industry segments or different regions.
Originality/value
First, this paper shifts attention to the role of ambidextrous knowledge accumulation in manufacturing digital transformation and expands the connotation and extension of knowledge accumulation. Second, this study reveals that dynamic capability is a vital driver of digital transformation, which corroborates the previous findings of dynamic capability as an important driver and contributes to enriching the knowledge management literature. Third, this paper provides a comprehensive micro measurement of ambidextrous knowledge accumulation and digital transformation based on the development characteristics of the digital economy era, which provides a theoretical basis for subsequent research.
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Mianzhi Yang, Qing Hui, Qingru Yang, Mengwei Fan and Xin Li
China has recently introduced a new audit law that aims to increase the scope of audit supervision and raise the standards for preventing risks in auditing national public…
Abstract
Purpose
China has recently introduced a new audit law that aims to increase the scope of audit supervision and raise the standards for preventing risks in auditing national public projects. This paper presents a systematic research study on the causes of audit risks in national public projects and discusses the process by which these causes contribute to the emergence of such risks. Furthermore, the paper investigates the core risk sources in various types of national construction project audit. This paper aims to provide theoretical support for auditors of national construction projects in risk avoidance when conducting audits.
Design/methodology/approach
In this study, the authors carefully selected five national public audit projects from China and performed a comprehensive analysis of 85 relevant audit documentation. The textual analysis was conducted using Nvivo12 software, and the grounded theory approach was adopted for generalization purposes.
Findings
Based on the research results, the findings suggest that there are five key causes contributing to the audit risk of national construction projects: professional competence, risk awareness, management capacity, level of attention and deliberate fraud. The most critical factor identified is management capability, with 59.93% of the data supporting this view. This conclusion was based on an analysis of state-owned enterprises, administrative organs and public institutions. Building upon this, a framework titled “the mechanism of audit risk factors with management capability as the core” was constructed.
Originality/value
This paper employs qualitative analysis methods to examine national construction projects in China, contributing new literature to the theoretical study of audit risk management. The article also provides practical recommendations for auditors on how to mitigate audit risks and improve the quality of audit services in national project governance.
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Yueh-Min Huang, Ding-Chau Wang, Ho-Yuan Hsieh and Yong-Ming Huang
The purpose of this paper is to investigate what factors can affect individuals’ knowledge sharing on social media from the perspectives of personality traits and social capital.
Abstract
Purpose
The purpose of this paper is to investigate what factors can affect individuals’ knowledge sharing on social media from the perspectives of personality traits and social capital.
Design/methodology/approach
A theoretical model was developed with reference to the personality traits theory and the social capital theory. Accordingly, a questionnaire was designed to collect the individuals’ ideas on knowledge sharing on social media and further test the model. The questionnaire was then distributed to two LINE groups. Finally, the collected data were analyzed using the partial least squares (PLS) approach.
Findings
Personality traits not only directly affect knowledge sharing, but also indirectly influence it via social capital. Of all personality traits, agreeableness, openness and extraversion directly and indirectly influence knowledge sharing.
Research limitations/implications
Knowledge sharing is undertaken by individuals and social groups. It starts with individuals and then diffuses to other members of a group.
Practical implications
Group managers have to identify the members who are friendly, open-minded or extroverted and encourage them to act as the bellwethers for knowledge sharing under an effective regulatory regime, through which intra-group knowledge sharing can be promoted.
Originality/value
This study introduces a new model to explore knowledge sharing on social media from individual and social perspectives. It illustrates what will affect individuals’ knowledge sharing on social media.
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Xuhong Xu, Tiancheng Hu, Rui Guo, Shang Chen and Lutao Ning
This paper proposes a framework for director evaluation in the context of Chinese state-owned enterprises (SOEs), taking into account the influences of traditional and modern…
Abstract
Purpose
This paper proposes a framework for director evaluation in the context of Chinese state-owned enterprises (SOEs), taking into account the influences of traditional and modern Chinese ideologies.
Design/methodology/approach
Following the Delphi method, a series of semi-structured interviews were conducted with Chinese SOE directors.
Findings
The framework used has been validated by examining seven dimensions of virtue and four dimensions of competence functions in Chinese SOEs. Effective and representative characteristics of each dimension are identified through interviews.
Originality/value
First, through this research, indicators of virtue have been materialized and those of competence have been specified in a broader range. Second, this research provides advice for training of candidate directors whose experience were in private firms before they step in as SOE directors.
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