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Article
Publication date: 10 October 2024

Jiajia Liu, Yahan Wang, Meilin Chen, Zhe Yang and Ye Zhang

According to reputation theory, enterprises that adopt a proactive approach to corporate social responsibility (CSR) are known to actively invest in corporate innovation. However…

Abstract

Purpose

According to reputation theory, enterprises that adopt a proactive approach to corporate social responsibility (CSR) are known to actively invest in corporate innovation. However, this theory does not fully explain the mechanisms through which CSR influences corporate innovation, nor does it address how to effectively amplify CSR’s positive impact on innovation. To overcome these limitations, this research aims to incorporate the theories of innovation investment and dynamic capabilities. Innovation investment theory elucidates how CSR can attract additional financing, which can be directed toward innovation activities. Meanwhile, dynamic capabilities theory highlights how digital transformation in enterprises can enhance the positive effects of CSR on innovation, providing insights from both theoretical and empirical perspectives.

Design/methodology/approach

To demonstrate the mediating role of debt financing costs and the moderating role of enterprise digital transformation in the mechanism of CSR on corporate innovation, this research conducts fixes effects models by collecting 27,912 data points from 3,775A-share China-listed enterprises, ranging in period from 2010 to 2020. Empirical research once again proves that the theories of innovation investment and dynamic capabilities effectively compensates for the shortcomings of reputation theory. These three theories effectively explain that what is the effect of CSR on enterprise innovation? How does CSR influence corporate innovation? And through what mechanisms can CSR better enhance corporate innovation?

Findings

According to innovation investment theory, the cost of debt financing mediates the positive relationship between CSR and corporate innovation. This occurs because enterprises with robust CSR practices are more likely to secure external funding, thereby reducing their costs associated with external debt financing. Lower debt financing costs provide a stable source of funds for corporate innovation. Additionally, dynamic capability theory suggests that enterprise digital transformation moderates the positive relationship between CSR and corporate innovation. Building on these insights, it is recommended that enterprises, especially state-owned ones, should prioritize technological innovation to enhance their competitiveness.

Research limitations/implications

This research aims to address and narrow the knowledge gap regarding the relation between CSR and corporate innovation through theoretical and empirical analyses. With respect to the influence mechanism, this research solely based on innovation investment theory and dynamic capabilities theory, focuses on the influence mechanism of CSR on corporate innovation, with the debt financing costs as the mediating variable and digital transformation as the moderating variable. However, the influence mechanism turns out to be complicated and there is room for further exploring numerous mechanisms. For example, future research can focus on identifying additional channels through which CSR exerts an influence on corporate innovation based on TOE theoretical framework.

Practical implications

This research presents several strategies to enhance corporate innovation based on its conclusions: First, enterprises should promptly publish social responsibility reports to build a positive industry reputation. Moreover, by actively participating in CSR activities, they can strengthen their networks and enhance their industry standing. Second, the significant mediating role of debt financing costs should not be ignored. Enterprises are encouraged to seek diverse financing channels to reduce financial pressures, address financing challenges and facilitate the coordinated development of CSR and innovation. Third, enterprise digital transformation significantly affects the impact of CSR on innovation. Therefore, enterprises should advance digital transformation initiatives that incorporate technological innovation, organizational improvements and integration with supply chain partners. Finally, it has been noted that state-owned enterprises are often less responsive to technological innovation than their non-state counterparts. SOEs could redefine the scope and priorities of their social responsibilities to prevent excessive resource consumption that could hinder innovation. For instance, integrating some of their social responsibilities with innovation projects could promote both social and technological innovation objectives. Additionally, the government could ensure fair resource distribution among different types of enterprises and provide an equitable financing platform to mitigate financial challenges for both state-owned and non-state-owned enterprises.

Originality/value

Reputation theory does not fully elucidate the mechanisms by which CSR influences corporate innovation or how to effectively enhance CSR’s positive impact on innovation. This research integrates the theories of innovation investment and dynamic capabilities to address these gaps. According to innovation investment theory, debt financing costs mediate the positive relationship between CSR and corporate innovation. Meanwhile, dynamic capabilities theory posits that enterprise digital transformation moderates this positive relationship, further strengthening the impact of CSR on innovation.

Details

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

Keywords

Article
Publication date: 27 February 2025

Redhwan Al-Dhamari, Bazeet Olayemi Badru and Mohamad Naimi Mohamad Nor

This study aims to investigate the association between corporate social responsibility (CSR) performance and the cost of debt financing (CODF) in Malaysia. It further explores…

Abstract

Purpose

This study aims to investigate the association between corporate social responsibility (CSR) performance and the cost of debt financing (CODF) in Malaysia. It further explores whether the potential impact of CSR performance on debt pricing is moderated by the females’ representation on board and female directors’ foreign experience.

Design/methodology/approach

The authors use a sample of 845 firm-year observations from 2017 to 2021 and apply various regression techniques, including the pooled ordinary least squares (POLS), the Heckman two-stage self-selection model, propensity score matching (PSM) and quantile regression, to test the study’s hypotheses.

Findings

The results show that socially responsible firms incur lower costs of debt. Similarly, female directors and female directors with foreign exposure are negatively associated with CODF. However, their impact becomes positive when these two variables are interacted with CSR performance. The study findings are robust across alternative measures of board gender diversity, different model specifications and approaches addressing the endogeneity problem. In additional analyses, we find that the positive implication of CSR on CODF is more pronounced for firms with higher CSR performance and less financial constraint. Nevertheless, the results reveal that only firms with lower CSR performance but a high proportion of female directors and female directors with foreign experience exhibit lower CODF. This underscores the likelihood that female directors and their foreign exposure may substitute CSR practices in mitigating the cost of debt.

Originality/value

Existing literature generally emphasises the importance of CSR performance to corporate financing decisions, often neglecting the role of female directors and their attributes in financial institutions’ creditworthiness evaluation. This study is among the first to address this gap by examining the moderating effect of female directors and their characteristics on CSR–CODF relationship within an emerging economy context. The findings contribute to the literature on CSR and board gender diversity, indicating that CSR performance and board gender diversity function more as substitutes than complements. Despite the unexpected consequences of interacting with female directors and their foreign experience with CSR, the study affirms the significance of CSR practices and board gender diversity in shaping borrowers’ financial decisions.

Details

Asian Review of Accounting, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1321-7348

Keywords

Article
Publication date: 23 January 2025

Xiaomeng Li and Lei Mee Thien

This study aims to explore the role of ChatGPT literacy within the technology acceptance model (TAM) framework and its potential for learners of English as a foreign language…

Abstract

Purpose

This study aims to explore the role of ChatGPT literacy within the technology acceptance model (TAM) framework and its potential for learners of English as a foreign language (EFL), whereby ChatGPT is integrated into their informal digital learning of English activities.

Design/methodology/approach

Data from 543 Chinese EFL learners were collected using a cross-sectional quantitative method. The relationships between six factors, namely, ChatGPT literacy, perceived ease of use, perceived usefulness, attitude, behavioral intention and actual use, were conceptualized and tested based on the TAM framework. The conceptualized model was verified using partial least squares structural equation modeling.

Findings

The findings indicated that ChatGPT literacy is a significant predictor of perceived ease of use and perceived usefulness, which were the two core variables with a significant impact on attitude. Perceived ease of use positively influenced perceived usefulness, indicating the mediating role of perceived usefulness in this path. Attitude significantly and positively influenced behavioral intention, which positively predicted actual use. Moreover, ChatGPT literacy moderated the relationship between behavioral intention and actual use.

Originality/value

This study extends the TAM framework by incorporating ChatGPT literacy as a predictor and moderator between behavioral intention and actual use. Empirical evidence is further offered for including ChatGPT as a language-learning instrument with great potential for EFL learners in extramural EFL learner settings.

Details

Quality Assurance in Education, vol. 33 no. 2
Type: Research Article
ISSN: 0968-4883

Keywords

Article
Publication date: 19 September 2024

Ning Yuan and Meijuan Li

This study identifies a methodology to explore the issues of enterprise innovation ecosystem health (EIEH).

Abstract

Purpose

This study identifies a methodology to explore the issues of enterprise innovation ecosystem health (EIEH).

Design/methodology/approach

First, this study constructs the indicator system of EIEH based on the research objective; second, the dynamic vertical projection method (DVPM) and entropy weight method are proposed to analyze the status and influencing factors of EIEH; finally, the future development of EIEH is analyzed using GM (1,1).

Findings

In terms of methodology, the DVPM can effectively analyze EIEH, which can not only analyze the development status and potential of EIEH every year but also analyze the comprehensive state of EIEH for many years. In terms of practice, the value and grade of EIEH in China have been gradually increasing from 2016 to 2020, but the overall development is unbalanced, and five key factors affecting EIEH have been identified. The EIEH in China is predicted to steadily grow from 2021 to 2025.

Originality/value

The analytical method employed in this study can effectively analyze EIEH, which provides a new analytical perspective for the evaluation of EIEH and enriches the research content of the enterprise innovation ecosystem (EIE). By analyzing the results, we can gain a comprehensive understanding of the state of different EIEs, enabling each EIE to design tailored remedial measures to enhance EIEH and achieve sustainable development.

Details

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

Keywords

Article
Publication date: 29 October 2024

Kai Wang, Xiang Wang, Chao Tan, Shijie Dong, Fang Zhao and Shiguo Lian

This study aims to streamline and enhance the assembly defect inspection process in diesel engine production. Traditional manual inspection methods are labor-intensive and…

Abstract

Purpose

This study aims to streamline and enhance the assembly defect inspection process in diesel engine production. Traditional manual inspection methods are labor-intensive and time-consuming because of the complex structures of the engines and the noisy workshop environment. This study’s robotic system aims to alleviate these challenges by automating the inspection process and enabling easy remote inspection, thereby freeing workers from heavy fieldwork.

Design/methodology/approach

This study’s system uses a robotic arm to traverse and capture images of key components of the engine. This study uses anomaly detection algorithms to automatically identify defects in the captured images. Additionally, this system is enhanced by digital twin technology, which provides inspectors with various tools to designate components of interest in the engine and assist in defect checking and annotation. This integration facilitates smooth transitions from manual to automatic inspection within a short period.

Findings

Through evaluations and user studies conducted over a relatively long period, the authors found that the system accelerates and improves the accuracy of engine inspections. The results indicate that the system significantly enhances the efficiency of production processes for manufacturers.

Originality/value

The system represents a novel approach to engine inspection, leveraging robotic technology and digital twin enhancements to address the limitations of traditional manual inspection methods. By automating and enhancing the inspection process, the system offers manufacturers the opportunity to improve production efficiency and ensure the quality of diesel engines.

Details

Industrial Robot: the international journal of robotics research and application, vol. 52 no. 2
Type: Research Article
ISSN: 0143-991X

Keywords

Book part
Publication date: 3 March 2025

Lilana Sukkari

Governments worldwide are placing a greater emphasis on enhancing ecology and the environment as a result of escalating ecological issues. One possible approach is sustainable…

Abstract

Governments worldwide are placing a greater emphasis on enhancing ecology and the environment as a result of escalating ecological issues. One possible approach is sustainable governance. This chapter explores the interrelated roles of internal control, environmental accounting, and environmental auditing mechanisms in promoting sustainable governance and green transformation. By looking at these three aspects, the chapter illustrates how integrated approaches can promote sustainable practices and guarantee adherence to environmental standards. The objective of this chapter is to present a thorough knowledge of the ways in which these components work together to support sustainability as a whole.

Article
Publication date: 6 August 2024

Chao Li, Mengjun Huo and Renhuai Liu

The purpose of this paper is to empirically analyze the impact of directors’ and officers’ (D&O) liability insurance on enterprise strategic change. It also explores the mediating…

Abstract

Purpose

The purpose of this paper is to empirically analyze the impact of directors’ and officers’ (D&O) liability insurance on enterprise strategic change. It also explores the mediating role of litigation risk, the moderating roles of enterprise science and technology level and precipitation organizational slack between them. In addition, it examines the joint moderating roles of the top management team (TMT) external social network and enterprise science and technology level, and enterprise scale and precipitation organizational slack.

Design/methodology/approach

Using the unbalanced panel data of A-share listed companies in the Shanghai and Shenzhen stock exchanges of China from 2002 to 2020 as the research sample, this paper uses the ordinary least square method and fixed-effect model to study the relationship between D&O liability insurance and enterprise strategic change. The study also focuses on the mediating mechanism and moderating mechanisms between them.

Findings

The authors find that D&O liability insurance has an “incentive effect,” which can significantly promote enterprise strategic change. Litigation risk plays a partial mediating role between D&O liability insurance and enterprise strategic change. Enterprise science and technology level and precipitation organizational slack negatively moderate the relationship between D&O liability insurance and enterprise strategic change. TMT external social network and enterprise science and technology level, and enterprise-scale and precipitation organizational slack have joint moderating effects on the relationship between D&O liability insurance and enterprise strategic change.

Originality/value

This paper confirms the “incentive effect hypothesis” of the impact of D&O liability insurance on enterprise strategic change, which not only broadens the research perspective of enterprise strategic management but also further expands the research scope of D&O liability insurance. Besides, this paper thoroughly explores the influencing mechanisms between D&O liability insurance and enterprise strategic change, providing incremental contributions to the research literature in the field of enterprise risk management and corporate governance. The findings have practical guiding significance for expanding the coverage of D&O liability insurance, promoting the implementation of strategic changes and improving the level of corporate governance of Chinese enterprises.

Article
Publication date: 16 December 2024

Ge Xu, Shuyun Jiang, Chibin Zhang and Xiaohui Lin

The water-lubricated hydrodynamic herringbone groove journal bearing (HGJB) is capable of running at high speed. However, when running at a low speed, it suffers from a low…

Abstract

Purpose

The water-lubricated hydrodynamic herringbone groove journal bearing (HGJB) is capable of running at high speed. However, when running at a low speed, it suffers from a low load-carrying capacity due to the weak hydrodynamic effect. To overcome this problem, this study proposes a hybrid water-lubricated HGJB and aims to investigate its dynamic characteristics.

Design/methodology/approach

A hybrid lubrication model applicable to the hybrid water-lubricated HGJB is established based on the boundary fitted coordinate system, which considers the turbulent, thermal and tilting effects, and the finite difference method is used to calculate the dynamic characteristics of the hybrid water-lubricated HGJB.

Findings

The result shows that the hybrid HGJB has larger dynamic coefficients and better system stability compared with the hydrodynamic HGJB when running at low speed. Furthermore, the stiffness of hybrid HGJB are mainly governed by the hydrodynamic effect rather than the hydrostatic effect when running at high speed.

Originality/value

The proposed hybrid water-lubricated HGJB shows excellent dynamic characteristics at either low speed or high speed; and the hybrid water-lubricated HGJB has a large load-carrying capacity when running at low speed and has a good dynamic stability when running at high speed.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/ILT-06-2024-0233/

Details

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

Keywords

Article
Publication date: 14 October 2024

Cong Wei, Xinrong Li, Wenqian Feng, Zhao Dai and Qi Yang

This study provides a comprehensive overview of the research landscape of Kansei engineering (KE) within the domain of emotional clothing design. It explores the pivotal…

Abstract

Purpose

This study provides a comprehensive overview of the research landscape of Kansei engineering (KE) within the domain of emotional clothing design. It explores the pivotal technologies, challenges and potential future directions of KE, offering application methodologies and theoretical underpinnings to support emotional clothing design.

Design/methodology/approach

This study briefly introduces KE, outlining its overarching research methodologies and processes. This framework lays the groundwork for advancing research in clothing Kansei. Subsequently, by reviewing literature from both domestic and international sources, this research initially explores the application of KE in the design and evaluation of clothing products as well as the development of intelligent clothing design systems from the vantage point of designers. Second, it investigates the role of KE in the customization of online clothing recommendation systems and the optimization of retail environments, as perceived by consumers. Finally, with the research methodologies of KE as a focal point, this paper discusses the principal challenges and opportunities currently confronting the field of clothing Kansei research.

Findings

At present, studies in the domain of clothing KE have achieved partial progress, but there are still some challenges to be solved in the concept, technical methods and area of application. In the future, multimodal and multisensory user Kansei acquisition, multidimensional product deconstruction, artificial intelligence (AI) enabling KE research and clothing sales environment Kansei design will become new development trends.

Originality/value

This study provides significant directions and concepts in the technology, methods and application types of KE, which is helpful to better apply KE to emotional clothing design.

Details

International Journal of Clothing Science and Technology, vol. 37 no. 1
Type: Research Article
ISSN: 0955-6222

Keywords

Article
Publication date: 24 December 2024

Maixia Shang, Jinglin Liu, Mengqi Li and Xiaobao Chai

The purpose of this paper is to present the performance requirements for the all-electric high lift motors and the inductance calculation process for the fractional slot…

Abstract

Purpose

The purpose of this paper is to present the performance requirements for the all-electric high lift motors and the inductance calculation process for the fractional slot concentrated winding.

Design/methodology/approach

This paper presents the research work related to all-electric aircraft high lift motors and the inductance calculation process of fractional slot concentrated winding. Firstly, this paper introduces the performance requirements for the high lift motor and summarizes the general process for calculating the inductance in fractional slot motors. Secondly, the analytical model of winding armature total inductance is obtained by the winding function method. Thirdly, a straightforward calculation method is employed for determining the total slot leakage inductance. Finally, the accuracy of the inductance calculation and controllability of the motor are confirmed through finite element model and motor control strategies.

Findings

In the fractional slot concentrated winding, the armature total inductance is equal to the armature self-inductance plus the armature mutual inductance. The slot leakage inductance is divided into the slot leakage self-inductance and the slot leakage mutual inductance. This allows inductance to be obtained quickly without finite element model.

Originality/value

This paper provides the inductance results of analytical and finite element simulation; the control strategy is employed to verify the conformity of the design requirements and control performance under the rated conditions. The implementation of double verification assures the practicality and effectiveness of the high lift motor.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering, vol. 44 no. 1
Type: Research Article
ISSN: 0332-1649

Keywords

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