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Article
Publication date: 11 May 2023

Norsafiah Norazman, Siti Nurul Asma’ Mohd Nashruddin and Adi Irfan Che-Ani

Urban population growth has increased housing density, which has expanded the construction of low-cost low-rise residential in urban areas. Good building performance and effective…

Abstract

Purpose

Urban population growth has increased housing density, which has expanded the construction of low-cost low-rise residential in urban areas. Good building performance and effective low-cost low-rise residential quality lead to higher user satisfaction and improve building sustainability. This study aims to focus on the factors influencing the sustainability of low-cost low-rise residential in the West Malaysia urban area to assess resident satisfaction.

Design/methodology/approach

A mixed-mode approach with both qualitative and quantitative were used in this study. Semi-structured interviews were conducted with 12 stakeholders to identify the common factors influencing sustainability in low-cost low-rise residential. Subsequently, questionnaire surveys were formed and distributed among building users to determine the satisfaction level with low-cost low-rise residential building performance.

Findings

The finding demonstrates that accessibility is the key factor to achieving sustainability of low-cost low-rise residential. The finding also related to the factor that influences both stakeholders and building user satisfaction levels. This study also identifies key areas that require attention to improve user satisfaction with building sustainability and building performance of low-cost low-rise residential.

Originality/value

This study aims to determine stakeholder and building user satisfaction levels in relation to the sustainable building factor. A few indicators have been set up to identify the factors that most influence the sustainability and environment of low-cost low-rise residential buildings. Each subchapter has a few recommendations to improve the performance of low-cost low-rise residential. Each of the factors mentioned is related to social, economic and environmental sustainability. In addition, the study discovered a strong connection between low-cost low-rise residential performance and user satisfaction.

Details

Journal of Facilities Management, vol. 22 no. 5
Type: Research Article
ISSN: 1472-5967

Keywords

Article
Publication date: 3 December 2024

Khairul Anuar Kamarudin, Akmalia Mohamad Ariff, Nurul Azlin Azmi and Mohd Taufik Mohd Suffian

This study aims to examine the nonlinear effects of board size and board independence on the corporate sustainability performance of listed firms worldwide.

Abstract

Purpose

This study aims to examine the nonlinear effects of board size and board independence on the corporate sustainability performance of listed firms worldwide.

Design/methodology/approach

This study uses the global environmental, social and governance (ESG) dataset from the Thomson Reuters database, which includes a sample of 23,766 firm-year observations from 33 countries from 2011 to 2022.

Findings

The results indicate that board size and independence have positive impacts on corporate sustainability performance; however, these relationships are nonlinear. The authors find an inverted U-shaped relationship for board size. After the optimal point, the positive relationship between board size and corporate sustainability performance becomes negative. Board independence, however, has a positive exponential relationship in which the positive effect increases exponentially after the optimal point. The results are robust to a battery of tests, including alternative measures for corporate sustainability performance, board independence and different estimation procedures.

Research limitations/implications

This study illustrates empirical evidence on the nonlinear effect of board size and board independence on corporate sustainability performance, which explains the mixed evidence involving board size and independence in corporate sustainability literature and offers a complementary research approach in the literature on board dynamics.

Practical implications

This study has practical implications for investors aiming for sustainable and ethical investment choices, as they should be mindful of matters relating to board composition, particularly the appointment of independent directors and ideal board size.

Originality/value

Extensive empirical evidence has examined the relationship between corporate governance variables and corporate sustainability performance. This study introduces the effect of the nonlinear relationship between board size and board independence on corporate sustainability performance using international evidence.

Details

Corporate Governance: The International Journal of Business in Society, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1472-0701

Keywords

Article
Publication date: 13 December 2024

Syed Imran Zaman, Sharfuddin Ahmed Khan, Angappa Gunasekaran and Syed Ahsan Zaman

Lean manufacturing (LM) is essential for businesses to remain competitive in today’s global economy and to meet the needs of consumers from three separate perspectives: price…

Abstract

Purpose

Lean manufacturing (LM) is essential for businesses to remain competitive in today’s global economy and to meet the needs of consumers from three separate perspectives: price, dependability and production schedules. A fundamental goal of this research is to how lean management in manufacturing organization may improve product value for the customer, address customer concerns, minimize costs and boost the firm’s profitability.

Design/methodology/approach

The extensive literature analysis identified a number of LM enablers and manufacturing industry factors that might favorably affect the organizations operational performance. Initially, 16 enablers of LM and 16 factors operational performance were identified, which were later reduced to 8 factors each. After that, Grey-DEMATEL technique was applied to investigate the relationships between the factors by categorizing elements into two groups (cause and effect) and ranking them within each category.

Findings

The results show that F4 (Work Force Development) and F7 (Six Sigma) were the key enablers of LM. Similarly, F12 (Maintain Better inventory control/optimize inventory level) and F14 (Reduce conversion cost) are the key effect factors of operational performance. It eliminates inefficiencies in the production process and internal storage requirements while retaining a high level of dependability and flexibility in response to customer demands.

Originality/value

LM has unquestionably been a popular method for improving the production efficiency of industrial sectors for the last two decades. Despite the fact that LM has helped several firms reduce waste and thereby improve a range of efficiency metrics, many businesses are still struggling to effectively transform into lean firms. While previous studies have explored LM’s significance and its influence on different aspects of organizational metrics in various industries, this research pioneers in probing into the nuanced relationship between LM enablers and OP in a critical and procedure-intensive industry.

Details

International Journal of Quality & Reliability Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0265-671X

Keywords

Article
Publication date: 20 November 2024

Omar Ikbal Tawfik, Abdelbaset Queiri and Sameh Reyad

This paper aims to examine the extent to which board composition and ownership structure (OS) affect a firm’s dividend payout (DP) policy.

Abstract

Purpose

This paper aims to examine the extent to which board composition and ownership structure (OS) affect a firm’s dividend payout (DP) policy.

Design/methodology/approach

The sample comprises a total of 1,432 firm-year observations for Gulf Cooperation Council (GCC) nonfinancial firms. Total 179 firms were analyzed from 2009 to 2016. To test the research hypotheses, the paper used panel data analysis (i.e. fixed effects model) and instrumental variable method to ensure the robustness of results against endogeneity effects.

Findings

Corporate governance (CG) variables were found to significantly impact DP. Specifically, independent directors on board, institutional ownership and royal ownership were positively associated with DP. In contrast, board size, management, government and family ownership had a negative association with DP. The empirical evidence presented in this study supports that CG elements can be both an outcome and substitute of DP as a disciplinary mechanism.

Research limitations/implications

This study excluded financial firms from the sample list. Future studies should carry out on financial firms to observe if the findings are different. Future research is suggested to incorporate more CG mechanisms. Future studies are suggested to use a dynamic panel regression due to its advantages.

Practical implications

Practitioners, such as investors and lenders operating in GCC markets, can derive valuable insights from this study regarding the influence of board components on DP policy. The study also provides information about the investment and business environment in GCC.

Originality/value

The contribution of this study lies in providing empirical evidence regarding the impact of CG mechanisms and OS on DP in GCC countries.

Details

Corporate Governance: The International Journal of Business in Society, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1472-0701

Keywords

Article
Publication date: 21 November 2024

Hong Kok Wang, Chin Tiong Cheng, Gabriel Hoh Teck Ling, Yan Yan Felicia Yong, Kian Aun Law and Xuerui Shi

This paper aims to explain the factors shaping collective action within low-cost housing communities, focusing on parcel holders, through the utilisation of an expanded…

Abstract

Purpose

This paper aims to explain the factors shaping collective action within low-cost housing communities, focusing on parcel holders, through the utilisation of an expanded institutional analysis development (IAD) framework, which extends upon Ostrom’s foundational framework. Additionally, the paper explores four different property management approaches accessible to these communities.

Design/methodology/approach

The research employed a mixed-method approach comprising four sequential steps. Firstly, a quantitative inquiry entailed a questionnaire survey administered to 633 parcel holders across four low-cost housing schemes, aimed at discerning factors influencing collective action. Subsequently, a qualitative investigation involved face-to-face interviews with key stakeholders to elucidate the contributing factors of collective action, with a specific focus on Nursa Kurnia (a successful low-cost housing scheme comprising 200 units), accessible via Kuala Lumpur Middle Ring Road II. Thirdly, the study explored the social practice of “commoning the governance”. Lastly, the paper advocated for housing policy interventions, specifically proposing government subsidies for lower-income parcel holders.

Findings

Exemplified by the success of Nursa Kurnia, the research findings emphasised the importance of shifting local management’s mindset from a zero-sum approach to a win-win perspective. It highlighted the pivotal role of four factors (resource system, governance system, context and historical development) in shaping collective action and fostering improved property management practices. Moreover, the study highlighted the potential of “commoning the governance” as a new approach capable of addressing collective action challenges in low-cost housing management, presenting a promising avenue for future endeavours.

Research limitations/implications

As more studies utilising the expanded IAD framework become available in the future, there is potential for further refinement and enhancement of the framework.

Practical implications

This study offers valuable insights for policymakers, property developers, local management and local communities, shedding light on challenges associated with the self-organisation of shared resources. Moreover, it highlights the potential of “commoning the governance” as a new property management approach to mitigate the impact of collective action problems.

Social implications

The well-being of society’s most vulnerable segment is indicative of the overall societal health. This underscores the significance of addressing the interests and needs of these lower-income groups within the broader social context.

Originality/value

Exploring collective action within the context of self-organising low-cost housing, the study delves into an area marked by persistent challenges like free-riding tendencies and vandalism. Despite significant attention given to collective action issues in the past, the novel approach of “commoning the governance” remains unexamined in the realm of low-cost housing maintenance and management.

Details

Property Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0263-7472

Keywords

Book part
Publication date: 6 December 2024

Birutė Mockevičienė and Tomas Vedlūga

The chapter is designed to discuss the preconditions for the competitiveness of the furniture industry, global networks and regional perspectives, as well as the competitive…

Abstract

The chapter is designed to discuss the preconditions for the competitiveness of the furniture industry, global networks and regional perspectives, as well as the competitive advantages of different regions such as the USA, Europe and the East. The challenges created by customisation and the needs of consumers for individual products are also discussed. As consumers become more and more focussed on furniture designed exclusively for them, the furniture business has to reorient its production and has to deal with a number of management issues. It is necessary to reconsider not only how to involve consumers but also how to keep prices competitive because even for an individual order, the customer is less and less willing to pay more. The issue of new product development is also discussed. It delves into the management of furniture companies, the characteristic organisational structures, and management models that could ensure the sustainability of the business. Particular attention is paid to the digital issues of furniture manufacturing and enterprise resource planning (ERP) in particular. An examination of how the furniture sector evaluates prices and costs, which are the most popular methods and which can be used for forecasting, looks at the most important global trends. Such cost estimation methods as cost-based, competition-based, analogous-based, and expert-based are discussed, highlighting the limits of their applications. Then discusses current trends and the current IT supply, which unfortunately does not fully meet the needs of customised furniture production, and digitisation within a small company becomes more difficult. So, companies have to recognise the limits of digitisation.

Details

Participation Based Intelligent Manufacturing: Customisation, Costs, and Engagement
Type: Book
ISBN: 978-1-83797-363-7

Keywords

Open Access
Article
Publication date: 15 January 2024

P. Nagesh, Sindu Bharath, T.S. Nanjundeswaraswamy and S. Tejus

The present study is intended to assess the risk factors associated with digital buying. Also aims to design and develop an instrument to assess the digital buyers risk factor…

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Abstract

Purpose

The present study is intended to assess the risk factors associated with digital buying. Also aims to design and develop an instrument to assess the digital buyers risk factor score (DBRFS) in light of pandemic.

Design/methodology/approach

Present investigation uses a quantitative approach to achieve the stated objectives. The survey instrument for the purpose of assessing risk factors associated with digital buying was developed in two phases. The present study adopts theory of planned behaviour (TPB), built based on the theory of reasoned action (TRA). The data were collected and analysed considering 500 valid responses, sampling unit being digital buyers using social media platforms in tyre-II city of India. The data collection was undertaken between June 2021 and August 2021. The instrument is designed and validated using exploratory factor analysis (EFA) followed by confirmatory factor analysis (CFA).

Findings

The present research identified six perceived risk factors that are associated with digital buying; contractual risk, social risk, psychological risk, perceived quality risk, financial risk and time risk. The DBRFS of male is 3.7585, while female is 3.7137. Thus, risk taking by the male and female is at par. For the age group 15–30, DBRFS is 3.6761, while age group 31–45 noted as 3.7889 and for the 46–50 age groups it is measured as 3.9649.

Practical implications

The marketers are expected to have the knowledge about how people responds to the pandemic. The outcome of the research helps to understand consumer behaviour but disentangling consumer’s “black box” is challenging especially during global distress. The present study outcome helps the digital shopkeepers to respond positively to meet the needs of digital buying.

Originality/value

The scale development and to quantify the DBRFS. A deeper understanding of about digital consumers during pandemics will help digital shopkeepers to connect issues related digital buying.

Details

PSU Research Review, vol. 8 no. 3
Type: Research Article
ISSN: 2399-1747

Keywords

Article
Publication date: 21 November 2024

Muhammad Taufik and Wuri Handayani

This study aims to investigate the market reaction to dividend announcements and sharia compliance based on the Islamic stock indexes of Indonesia, Malaysia and Pakistan by…

Abstract

Purpose

This study aims to investigate the market reaction to dividend announcements and sharia compliance based on the Islamic stock indexes of Indonesia, Malaysia and Pakistan by scrutinising investors’ interpretations, behaviour (traditional, rational, religious or ethical) and preferences.

Design/methodology/approach

Event study methodology (ESM) was used to analyse 31 days around the event date. The research period spanned 2011–2018, during which 282 observed dividend announcements were tested using a t-test, and there were 4,960 cases of sharia compliance in the data panel.

Findings

Indonesian investors react to earnings surprises as bad news while bypassing dividend announcements, thus classifying their behaviour as rational. Meanwhile, investors in Malaysia and Pakistan respond to dividend announcements as bad news while bypassing earnings surprises, thus classifying their behaviour as traditional. Surprisingly, sharia compliance does not affect abnormal returns. These results imply that investors prefer a profit motive rather than sharia compliance.

Practical implications

To perpetrate positive reactions, companies need to increase earnings (Indonesia), nominal dividends (Malaysia) and delay dividend announcements (Pakistan). Also, tax regulators need to evaluate dividend tax and capital gains tax.

Social implications

Investors cannot solely rely on Islamic stock lists, while regulators and firms must be transparent and accountable regarding sharia compliance ratio.

Originality/value

There is a dearth of research on market reaction in Islamic stock indexes. This study adheres to critical assumptions of ESM: controlling the confounding effects and ensuring market efficiency. These assumptions lead to the proposal of mandatory and advisory sharia compliance, evaluation of ratios using a staple scale and examination of differences in dividend tax rates. An extended tax preference theory is also proposed to contribute to the body of knowledge.

Details

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

Keywords

Article
Publication date: 26 November 2024

Ying-Kai Liao, Huseyin Fadullah Gungor, V.G. Girish, Jinyoung Lee and Wann-Yih Wu

This study aims to analyze the push and pull factors and its relationship with the theory of planned behavior about non-vegetarians’ intentions to buy plant-based meat products…

Abstract

Purpose

This study aims to analyze the push and pull factors and its relationship with the theory of planned behavior about non-vegetarians’ intentions to buy plant-based meat products. Previous studies seldom explored the intention of non-vegetarians’ intention to buy plant-based meat products.

Design/methodology/approach

An online survey was conducted among 447 non-vegetarians to investigate these relationships. Partial least squares-structural equation modeling (PLS-SEM) was employed to scrutinize the data.

Findings

Among the push factors product safety and flavor positively influence consumers’ attitude, whereas environmental protection and flavor positively influence subjective norms. Animal welfare, environmental protection and flavor positively influence perceived behavioral control. Among the pull factors, curiosity, product nutrition and price positively influence consumer attitudes toward plant-based meat products. Curiosity and price also positively influence subjective norms, but only product nutrition positively influences perceived behavioral control. On the other hand, the results also confirm that non-vegetarian customers' intentions to buy plant-based meat products is primarily influenced by attitude and perceived behavioral control, whereas subjective norms do not influence the intention to buy plant-based meat products. This study also reveals that there exists a moderating influence from perceived behavioral control between attitude and intention to buy plant-based meat products, whereas the moderating effect of perceived behavioral control on subjective norms and intention is insignificant.

Originality/value

The findings of this study offer practical recommendations for persuasive marketing strategies associated with plant-based meat substitutes.

Details

British Food Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0007-070X

Keywords

Article
Publication date: 15 October 2024

Iffat Abbas Abbasi, Amjad Shamim and Hasbullah Ashari

This study addresses a critical gap in understanding consumer behavior toward indigenous chicken, investigating the interaction between cognitive factors and purchase decisions…

Abstract

Purpose

This study addresses a critical gap in understanding consumer behavior toward indigenous chicken, investigating the interaction between cognitive factors and purchase decisions. The current research offers a valuable contribution to the field of sustainable food marketing by shedding light on these dynamics.

Design/methodology/approach

The research employed a quantitative survey method to gather data from consumers of indigenous chicken in Malaysia and analyzed it using structural equation modeling.

Findings

Health and price consciousness, along with effort expectancy, significantly influence consumer attitudes toward indigenous chicken. However, environmental consciousness and availability do not directly impact attitude. Similarly, attitude mediates the relationship between health consciousness, price consciousness, effort expectancy and purchase behavior, while attitude does not mediate the relationship between environmental consciousness, availability and purchase behavior of indigenous chicken.

Originality/value

This study is one of the pioneering works to apply the cognitive affect behavior (CAB) model to examine the factors influencing consumer attitudes and purchase behavior toward indigenous chicken. It investigates how constructs such as health consciousness, environmental consciousness, price consciousness, effort expectancy and availability affect these attitudes and behaviors, offering novel insights into the purchase intentions of younger and educated individuals.

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