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Article
Publication date: 23 July 2024

Naihao Li, Zijie Li, Banruo Zhang and Yan Wang

Information transparency is an important factor in enhancing trust and promoting interfirm cooperation. By combining transaction cost theory and institutional theory, this study…

159

Abstract

Purpose

Information transparency is an important factor in enhancing trust and promoting interfirm cooperation. By combining transaction cost theory and institutional theory, this study aims to examines whether host-country firms’ information transparency prompt multinational enterprises’ (MNEs) to choose the joint venture entry mode for outward foreign direct investment (OFDI).

Design/methodology/approach

Using Heckman two-stage estimation method, this study examines Chinese listed manufacturing firms for the period 2014–2019.

Findings

The findings indicate that the higher the information transparency of host-country firms, the higher the possibility of MNEs choosing the joint venture entry mode for OFDI. This study further finds that the positive relationship between host country firms’ information transparency and the possibility of choosing the joint venture entry mode is enhanced by institutional distance, but weakened by MNEs’ host-country experience.

Originality/value

How to choose the appropriate entry mode of OFDI in the internationalization strategy is an important issue for MNEs to consider. As the postpandemic world is characterized by increased global risks, decoupling of economies, disruption of global value chains and the retreat of globalization (Contractor and Cantwell, 2022), how to further strengthen cooperation, reduce the cost and risk of MNEs and truly realize common construction and sharing is one of the hot issues in both practice and research.

Details

Chinese Management Studies, vol. 19 no. 2
Type: Research Article
ISSN: 1750-614X

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Article
Publication date: 24 October 2023

Ying Zhao, Hongdi Xu, Guangyan Liu, Yanting Zhou and Yan Wang

Digital transformation and innovation-driven development have become an international consensus. The purpose of this paper is to examine the effects of relationships, mechanisms…

965

Abstract

Purpose

Digital transformation and innovation-driven development have become an international consensus. The purpose of this paper is to examine the effects of relationships, mechanisms and economic consequences between digital transformation and enterprise innovation quality in order to provide a benchmark for developing countries to implement digital transformation strategies and innovation-driven strategies and provide a major support for economic recovery in the post-coronavirus disease 2019 (COVID-19) era.

Design/methodology/approach

Using microdata from A-share listed enterprises in Shanghai and Shenzhen from 2010 to 2021, this study examines the relationship between digital transformation and enterprise innovation quality and further reveals the internal logic and economic consequences of digital transformation to improve enterprise innovation quality through the mediating effect and moderating effect models.

Findings

The results demonstrate that digital transformation is beneficial for improving enterprise innovation quality. The heterogeneity test demonstrates that digital transformation has a larger effect on improving enterprise innovation quality in non-state-owned enterprises and eastern enterprises in China. The mechanism test demonstrates that digital transformation can improve enterprise innovation quality by improving internal control quality and analyst attention. Furthermore, with the increase in enterprise innovation inputs, digital transformation plays a significantly stronger role in improving enterprise innovation quality. The extended analysis demonstrates that digital transformation can significantly improve enterprise financial performance by improving innovation quality.

Research limitations/implications

First, the construction of the core explanatory variable digital transformation index in this study is based on the Python data analysis software, which calculates the frequency of digital transformation in the text of the business situation analysis portion of the annual report of the listed companies and then obtains the degree of digital transformation of the company in this year. There may be some deviation from the degree of digital transformation in the actual production and operation of enterprises. Second, in addition to internal control quality and analyst attention, are there other mediating mechanisms for the impact of digital transformation on the quality of enterprise innovation? Third, whether the moderating effect of innovation input on digital transformation and innovation quality is related to human capital factors of the research and development (R&D) team, such as the technical background of R&D personnel, etc.

Originality/value

This study enriches the relevant theories of digital transformation and broadens the research boundaries of digital transformation and enterprise innovation. This study's result provides an empirical basis for enterprises to improve enterprise innovation quality and financial performance from the perspective of digital transformation at the micro level and points out specific practical directions, combining theory with practice.

Details

European Journal of Innovation Management, vol. 28 no. 3
Type: Research Article
ISSN: 1460-1060

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Article
Publication date: 2 January 2025

Yifan Zhang, Jianyang Zhu, Xu Wang, Yaochi Zhang and Le Gu

Under oil interruption, lubricant supply in the high-speed bearing cavity is interrupted, which reduces the bearing lubrication and cooling ability, thus leading to degradation of…

41

Abstract

Purpose

Under oil interruption, lubricant supply in the high-speed bearing cavity is interrupted, which reduces the bearing lubrication and cooling ability, thus leading to degradation of bearing performance or even its failure. This paper aims to study the effect of grooves at the noncontact outer ring area on the flow and thermal performance of high-speed bearings under oil interruption, which is expected to improve the resistance of existing bearings to oil interruption.

Design/methodology/approach

The groove was added to the noncontact outer ring area of the bearing, and a method of combining volume of fluid and MRF was adopted to systematically study and analyze the oil-gas flow field structure and the temperature field distribution in the bearing cavities.

Findings

Results show that the lubricating oil could be stored and guided by the grooves of the bearing outer ring into the key lubrication area inside the bearing cavity, which increased the oil content near the inner ring and made the oil distribution more uniform. As a result, lubrication cooling and heat dissipation performance of the bearing cavity was improved. Compared with the original bearing, the bearing with a V-shaped groove had the optimal lubrication and cooling performance.

Originality/value

A rolling bearing model of the noncontact outer ring area with grooves under oil interruption is established in the paper. The simulation results provide theoretical guidance for the research and development of high-speed bearings with stronger oil interruption resistance ability.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/ILT-06-2024-0199/

Details

Industrial Lubrication and Tribology, vol. 77 no. 2
Type: Research Article
ISSN: 0036-8792

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Book part
Publication date: 24 March 2025

Vinay Kandpal, Peterson K. Ozili, P. Mary Jeyanthi, Deepak Ranjan and Deep Chandra

In this chapter, we emphasise how Creative Artificial Intelligence (AI) can and will transform the practice of financial operations (FinOps). To do this, we first place AI in the…

Abstract

In this chapter, we emphasise how Creative Artificial Intelligence (AI) can and will transform the practice of financial operations (FinOps). To do this, we first place AI in the context of FinOps and how operations need to change, explicitly using Creative AI to be faster, more accurate and more creative when assessing client needs. This is achieved by explaining how traditional approaches fall well short of the mark by highlighting their fundamental limitations and showcasing how AI helps to address those shortcomings. We also provide a detailed discussion of how AI is transforming finance operations when we focus on four discursive areas: (1) risk, (2) fraud detection, (3) predictive analytics and (4) trading algorithms. In all four areas, Creative AI supports many decisions that benefit the clients, improves customer service and guides financial institutions to allocate their resources more effectively. We elaborate throughout this text how AI, in particular by using methods such as natural language processing, generative adversarial networks (GANs) and other related techniques, can be understood as what we have termed ‘Explainable AI’ to address operational issues in the modern financial world creatively. As AI offers great disarming power, we also discuss the threats, limitations and specific pitfalls of AI adoption and use in financial contexts. This includes addressing clearly ethical and regulatory concerns, in addition to the technical ones.

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Article
Publication date: 2 October 2024

Junzhe Zhao, Minghui Wang, Yongxin Li and Guoxiang Zhao

Using social exchange theory, this paper explores the relationship between supervisor perceived organizational support and supervisor developmental feedback. It verifies the…

90

Abstract

Purpose

Using social exchange theory, this paper explores the relationship between supervisor perceived organizational support and supervisor developmental feedback. It verifies the mediating role of supervisor felt obligation to organization and the moderating role of supervisor core self-evaluation in this relationship.

Design/methodology/approach

A two-wave survey sampling method was applied to collect 247 pieces of paired data (supervisors-new employees) in organizations in China.

Findings

The results show that supervisor felt obligation to organization mediates the relationship between supervisor perceived organizational support and supervisor developmental feedback. The findings suggest that a high level of supervisor core self-evaluation strengthens the relationship between supervisor perceived organizational support and supervisor felt obligation to organization and then facilitates supervisor developmental feedback.

Originality/value

This study combines two perspectives, organizational factor and supervisor trait, to reveal the occurrence mechanism of supervisor developmental feedback and complements the research on the influencing factors of supervisor developmental feedback. In addition, it provides some theoretical guidance and practical insights into how organizations can motivate supervisors to provide developmental feedback to new employees.

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Article
Publication date: 17 February 2025

Zhenyan Li, Chuanhui Wu, Jiaxuan Li and Qinjian Yuan

Chatbots are increasingly embodied in business and IS contexts to enhance customer and user experience. Despite wide interest in chatbots among business and IS academics…

28

Abstract

Purpose

Chatbots are increasingly embodied in business and IS contexts to enhance customer and user experience. Despite wide interest in chatbots among business and IS academics, surprisingly, there are no current comprehensive reviews to reveal the knowledge structure of chatbot research in such areas.

Design/methodology/approach

This study employed a mixed-method approach that combines systematic review and bibliometric analysis to provide a comprehensive synthesis of chatbot research. The sample was obtained in December 2023 after searching across six databases: EBSCOhost, PsycINFO, Web of Science, Scopus, ACM Digital Library and IEEE Computer Society Digital Library.

Findings

This study reveals the major trend in publication trends, countries, article performance and cluster distribution of chatbot research. We also identify the key themes of chatbot research, which mainly focus on how users interact with chatbots and their consequences, such as users’ cognition and behavior. Moreover, several important research agendas have been discussed to address some limitations in the current chatbot research in business and IS fields.

Originality/value

The present review is one of the first attempts to systematically reveal the ongoing knowledge map of chatbots in business and IS fields, which makes important contributions and provides useful resources for future chatbot research and practice.

Details

Aslib Journal of Information Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2050-3806

Keywords

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Article
Publication date: 25 February 2025

Wei Yuan, Nannan Wang, Qianjian Guo, Wenhua Wang, Baotao Chi, Angang Yan and Jie Yu

The high-load operation of the engine crankshaft causes severe wear and fatigue. This study aims to prepare in situ textures with effective density and study their wear mechanism…

5

Abstract

Purpose

The high-load operation of the engine crankshaft causes severe wear and fatigue. This study aims to prepare in situ textures with effective density and study their wear mechanism on the surface of ductile cast iron, which optimizes the tribological properties of engine crankshafts and reduces wear.

Design/methodology/approach

A new method was proposed based on the hardness difference in graphite removal to form an in situ texture. The friction performance was evaluated using a combination of computational fluid dynamics and tribological testings. The influence of the texture characteristic parameters on the bearing capacity of the oil film was analyzed. The surface wear morphology was studied by scanning electron microscopy.

Findings

The texture density significantly affected the oil film bearing capacity. The surface texture can reduce the average friction coefficient (COF) by more than 35% owing to the oil film bearing and storage capacity. Specifically, the 13% texture density exhibited the lowest wear rate and COF under all three experimental conditions. The reduction in abrasive particles in the wear area of the textured surface indicates that the surface texture can improve the lubrication mechanism.

Originality/value

This study systematically explored the influence of the weight of each model parameter on tribological properties. Subsequently, focusing on the critical parameter (texture density), detailed tribological testings were carried out to reveal the specific effect of texture density on the wear mechanism under different working conditions, and the optimal texture density to achieve the optimal tribological performance was determined accordingly.

Details

Industrial Lubrication and Tribology, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0036-8792

Keywords

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Article
Publication date: 8 January 2025

Mingda Ping, Xiangrui Ji, Yan Liu and Weidong Wang

To supply temporary pressure testing devices with favorable performance for emergency environments, this paper aims to present a pressure sensor with a central boss and…

30

Abstract

Purpose

To supply temporary pressure testing devices with favorable performance for emergency environments, this paper aims to present a pressure sensor with a central boss and straight-annular grooves. The structural feature is modeled and optimized by neural network-based method, and the device prototype is fabricated by 3D printing techniques.

Design/methodology/approach

The study initially compares mechanical properties of the proposed structure with two conventional designs using finite element analysis. The impacts from structural dimensions on sensor performance are modeled using a Backpropagation neural network and optimized through genetic algorithms. The sensing diaphragm is fabricated using stereolithography (SLA) 3D printing, while the piezoresistors and necessary interconnects are realized with screen printing techniques.

Findings

The experimental results demonstrate that the fabricated sensor exhibits a sensitivity of 2.8866 mV/kPa and a nonlinearity of 6.81% within the pressure range of 0–100 kPa. This performance is an improvement of 118% in sensitivity and a decrease of 54% in nonlinearity compared to flat diaphragm structure, highlighting the effectiveness of proposed diaphragm configuration.

Originality/value

This research offers a holistic methodology that encompasses the structural design, optimization and fabrication of pressure sensors. The proposed diaphragm and corresponding modelling method can provide a practical approach to enhance the measurement capabilities of pressure sensors. By leveraging SLA printing for diaphragm and screen printing for circuit, the prototype can be produced in a timely manner.

Details

Sensor Review, vol. 45 no. 2
Type: Research Article
ISSN: 0260-2288

Keywords

Available. Open Access. Open Access
Article
Publication date: 31 October 2024

Yamin Xie, Zhichao Li, Wenjing Ouyang and Hongxia Wang

Political factors play a crucial role in China's initial public offering (IPO) market due to its distinctive institutional context (i.e. “economic decentralization” and “political…

190

Abstract

Purpose

Political factors play a crucial role in China's initial public offering (IPO) market due to its distinctive institutional context (i.e. “economic decentralization” and “political centralization”). Given the significant level of IPO underpricing in China, we examine the impact of local political uncertainty (measured by prefecture-level city official turnover rate) on IPO underpricing.

Design/methodology/approach

Using 2,259 IPOs of A-share listed companies from 2001 to 2019, we employ a structural equation model (SEM) to examine the channel (voluntarily lower the issuance price vs aftermarket trading) through which political uncertainty affects IPO underpricing. We check the robustness of the results using bootstrap tests, adopting alternative proxies for political uncertainty and IPO underpricing and employing subsample analysis.

Findings

Local official turnover-induced political uncertainty increases IPO underpricing by IPO firms voluntarily reducing the issuance price rather than by affecting investor sentiment in aftermarket trading. These relations are stronger in firms with pre-IPO political connections. The effect of political uncertainty on IPO underpricing is also contingent upon the industry and the growth phase of an IPO firm, more pronounced in politically sensitive industries and firms listed on the growth enterprise market board.

Originality/value

Local government officials in China usually have a short tenure and Chinese firms witness significantly severe IPO underpricing. By introducing the SEM model in studying China IPO underpricing, this study identifies the channel through which local government official turnover to political uncertainty on IPO underpricing.

Details

China Accounting and Finance Review, vol. 27 no. 1
Type: Research Article
ISSN: 1029-807X

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Article
Publication date: 12 September 2024

Himanshu Ahuja and Deep Shree

The idea of value co-creation involves the benefit actors gain from integrating resources through activities and interactions within a service network, with the environment…

79

Abstract

Purpose

The idea of value co-creation involves the benefit actors gain from integrating resources through activities and interactions within a service network, with the environment enabling high-quality collaboration. This paradigm highlights customers’ ability to co-create value with service providers and other customers. This idea is gaining traction in health care. These days, patients are no longer passive recipients of health-care services; rather they have started taking proactive roles in their self-health management. This study aims to understand the phenomenon of value co-creation among patients within online health communities (OHCs).

Design/methodology/approach

A systematic literature review of papers published from 2003 to 2024 in Web of Science-indexed journals was conducted. The review highlights theories, contexts, characteristics and methodologies in this area, synthesizing insights from previous research and presenting a future research agenda for underexplored and unexplored contexts using emerging theoretical perspectives and analytical methodologies.

Findings

The review illuminates theoretical and empirical studies on value co-creation among patients in OHCs. Previous research shows that value co-creation among patients leads to cognitive, affective and physical benefits such as reduced anxiety and stress, increased assurance and self-confidence, improved quality of life, enhanced patient empowerment, acceptance of disease and treatment effectiveness and a sense of self-worth and well-being.

Originality/value

This review synthesizes insights from previous works and outlines a research agenda for future studies in underexplored and unexplored contexts using new theoretical perspectives and methodologies. Considering the role social media plays in an individual’s life, this work will help in deep diving into the role of such online communities in the health-care sector.

Details

International Journal of Pharmaceutical and Healthcare Marketing, vol. 19 no. 1
Type: Research Article
ISSN: 1750-6123

Keywords

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