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Article
Publication date: 12 February 2025

Samira Haddou and Sawssen Mkhinini

This paper aims to examine the role of Islamic banks’ (IBs) governance in the management of investment funds. This is achieved by comparing the returns to shareholders with those…

3

Abstract

Purpose

This paper aims to examine the role of Islamic banks’ (IBs) governance in the management of investment funds. This is achieved by comparing the returns to shareholders with those to the Unrestricted Profit-Sharing Iinvestment Account Holders (UPSIAHs), referred to as the spread.

Design/methodology/approach

This study is based on a dynamic panel data analysis using the generalized method of moments for a panel of IBs based in Gulf Cooperative Council (GCC) and Southeast Asian (SEA) countries observed over the 2006–2019 period.

Findings

The authors find that governance quality reduces the spread of SEA-IBs compared to GCC-IBs, suggesting that Asian banks have access to a wider choice of investment and growth options. The authors also find a positive association between GCC-based IBs governance quality and the widening spread between returns to shareholders and UPSIAHs, which suggests that while IBs are enhancing profitability through better governance, this may not lead to fair profit-sharing with UPSIAHs.

Research limitations/implications

It would be beneficial to expand the sample to include more representative IBs from various countries.

Practical implications

The widening spread between returns to shareholders and UPSIAHs makes the latter feel displaced, which could eventually exacerbate the displaced commercial risk. This highlights the need for targeted governance reforms and investment strategies to better align the interests of stakeholders, thereby improving bank performance and mitigating financial disparities.

Originality/value

This paper is, to the best of the authors’ knowledge, the first to empirically examine the effect of various governance mechanisms on the spread between returns to shareholders and Unrestricted Profit-Sharing Investors’ Account Holders (UPSIAHs) in IBs.

Details

Journal of Islamic Accounting and Business Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1759-0817

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Article
Publication date: 18 September 2024

Xinrui Zhan, Yinping Mu and Jiafu Su

Supply chain revamping (SCR) is an important strategy for firms to improve their supply chain operations in a rapidly changing environment. The purpose of this study is to shed…

47

Abstract

Purpose

Supply chain revamping (SCR) is an important strategy for firms to improve their supply chain operations in a rapidly changing environment. The purpose of this study is to shed light on the impact of SCR on shareholder value.

Design/methodology/approach

Based on Signaling Theory and 184 SCR announcements published by US-listed firms from 2013 to 2018, this study employs event study methodology and empirically examines three issues: Antecedents of SCRs; Primary purposes and actions of SCRs; In addition to the impact of SCRs on shareholder value using stock returns, we also examined the factors that can influence the extent of stock returns.

Findings

Firstly, our results indicate that SCRs are primarily driven by firms’ poor prior performance, CEO turnover and external control threats (ECTs). Secondly, the stock market favors SCRs aiming to meet customer needs and those accomplished through network remodel. However, the market reacts negatively to SCRs aiming at cutting costs, improving poor performance, and those implemented through network trim. Finally, the cross-sectional analysis indicates that shareholders prefer firms operating in more competitive or faster-growing industries and those adopting an expansionist strategy than those adopting a streamlining strategy.

Originality/value

Our study provides managers with valuable insights into when firms can benefit from initiating SCRs not only by examining the purposes and actions of SCRs but also by examining the industry- and strategy-specific moderators. Our study illuminates the conditions under which SCR will positively affect shareholder value. Additionally, this study contributes to the existing literature by deepening the understanding of the impact of supply chain decisions on firm performance and identifying the marginal conditions under which the stock market will react positively to SCR announcements.

Details

Management Decision, vol. 63 no. 3
Type: Research Article
ISSN: 0025-1747

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Article
Publication date: 12 December 2024

Fazal Ur Rehman

This study evaluates the impact of environmental innovation (EI) on the Sustainable Development Goals (SDGs) along with mediating role of green branding among the production…

50

Abstract

Purpose

This study evaluates the impact of environmental innovation (EI) on the Sustainable Development Goals (SDGs) along with mediating role of green branding among the production oriented small and medium-sized enterprises (SMEs) based on the resource-based view (RBV) and ecological modernization theories.

Design/methodology/approach

The study compiled data through questionnaire-based survey and inspected via partial least square structural equation modelling (PLS-SEM) to find results.

Findings

The findings indicate that EI aligns positive significant association with SDGs among the production SMEs. The study also discovers that green branding mediates between EI and SDGs.

Practical implications

The results have interesting implications for policy and explicate the practitioners to apply the techniques of eco-organizational innovation, eco-product innovation and eco-process innovation to achieve SDGs.

Originality/value

Even, the topics of EI and SDGs have gained significant attention, but this is the first study in these domains.

Details

Management of Environmental Quality: An International Journal, vol. 36 no. 2
Type: Research Article
ISSN: 1477-7835

Keywords

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Article
Publication date: 13 November 2024

Yong Lin, Gu Pang, Keru Duan, Jing Luo, Sen Wang and Jingwen Qu

This study quantitatively investigates the impacts of digital and learning orientations on supply chain resilience (SCR) and firm performance (FP), aiming to fill the gaps in…

183

Abstract

Purpose

This study quantitatively investigates the impacts of digital and learning orientations on supply chain resilience (SCR) and firm performance (FP), aiming to fill the gaps in understanding their specific impacts in the context of Industry 4.0 developments and supply chain disruptions.

Design/methodology/approach

This study utilized survey techniques and structural equation modelling (SEM) to gather and analyse data through a questionnaire based on a seven-point Likert scale. Hypotheses were formulated based on an extensive literature review and tested using Amos software.

Findings

The study confirms SCR’s significant impact on FP, aligning with existing research on resilience’s role in organizational competitiveness. This study uncovers the nuanced impacts of digital and learning orientations on SCR and FP. Internal digital orientation (DOI) positively impacts SCR, while external digital orientation (DOE) does not. Specific dimensions of learning orientation – shared vision (LOS), open-mindedness (LOO) and intraorganizational knowledge sharing (LOI) – enhance SCR, while commitment to learning (LOC) does not. SCR mediates the relationship between DOI and FP but not between DOE and FP.

Research limitations/implications

This research focuses on digital and learning orientations, recommending that future studies investigate other strategic orientations and examine the specific contributions of various digital technologies to SCR across diverse contexts.

Practical implications

The empirical findings emphasize the significance of developing internal digital capabilities and specific learning orientations to enhance SCR and FP, aligning these initiatives with resilience strategies.

Originality/value

This study advances knowledge by distinguishing the impacts of internal and external digital orientations and specific learning dimensions on SCR and FP, offering nuanced insights and empirical validation.

Details

Industrial Management & Data Systems, vol. 125 no. 2
Type: Research Article
ISSN: 0263-5577

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Article
Publication date: 30 August 2024

Ephrem Negash Shebeshe and Dhiraj Sharma

The purpose of this study is to examine the impact of sustainable supply chain management (SSCM) practices on both competitive advantage (CA) and organizational performance (OP…

362

Abstract

Purpose

The purpose of this study is to examine the impact of sustainable supply chain management (SSCM) practices on both competitive advantage (CA) and organizational performance (OP) in the manufacturing sector in Ethiopia.

Design/methodology/approach

Data for the study were collected from a sample of 221 manufacturing companies operating in the four manufacturing groups/sectors in Ethiopia. In addition, data analysis was performed using the partial least squares method, which is a variance-based Structural Equation Modeling approach in the Smart-PLS software version (SmartPLS 4.0).

Findings

Based on the statistical analysis of the collected data, it demonstrates that SSCM has a significant and positive impact on both competitive advantage and organizational performance. Furthermore, statistical findings offer proof of the clear connection between competitive advantage and organizational performance. Moreover, competitive advantage indirectly mediates the relationship between SSCM and OP.

Research limitations/implications

The primary limitation of this research is its reliance on a cross-sectional design. The generalizability of the findings obtained from the present study may be hindered. The variable under investigation in this research assessed organizational performance, a concept that is widely acknowledged to be extremely dynamic.

Practical implications

The study provides managers and researchers with valuable information on Sustainable Supply Chain Management strategies and how they influence competitive advantage and organizational performance in commercial and industrial environments.

Originality/value

This paper adds to the body of knowledge by providing new data and empirical insights into the relationship between SSCM practices and the performance of manufacturing companies in Ethiopia.

Details

International Journal of Productivity and Performance Management, vol. 74 no. 3
Type: Research Article
ISSN: 1741-0401

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