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Available. Open Access. Open Access
Article
Publication date: 14 November 2024

Jun Huang, Haijie Mo and Tianshu Zhang

This paper takes the Shanghai-Shenzhen-Hong Kong Stock Connect as a quasi-natural experiment and investigates the impact of capital market liberalization on the corporate debt…

134

Abstract

Purpose

This paper takes the Shanghai-Shenzhen-Hong Kong Stock Connect as a quasi-natural experiment and investigates the impact of capital market liberalization on the corporate debt maturity structure. It also aims to provide some policy implications for corporate debt financing and further liberalization of the capital market in China.

Design/methodology/approach

Employing the exogenous event of Shanghai-Shenzhen-Hong Kong Stock Connect and using the data of Chinese A-share firms from 2010 to 2020, this study constructs a difference-in-differences model to examine the relationship between capital market liberalization and corporate debt maturity structure. To validate the results, this study performed several robustness tests, including the parallel test, the placebo test, the Heckman two-stage regression and the propensity score matching.

Findings

This paper finds that capital market liberalization has significantly increased the proportion of long-term debt of target firms. Further analyses suggest that the impact of capital market liberalization on the debt maturity structure is more pronounced for firms with lower management ownership and non-Big 4 audit. Channel tests show that capital market liberalization improves firms’ information environment and curbs self-interested management behavior.

Originality/value

This research provides empirical evidence for the consequences of capital market liberalization and enriches the literature on the determinants of corporate debt maturity structure. Further this study makes a reference for regulators and financial institutions to improve corporate financing through the governance role of capital market liberalization.

Details

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

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Book part
Publication date: 17 February 2025

Quang-An Ha

This study proposes the factors influencing career commitment among public servants in Vietnam. By applying perspectives of the investment model with the moderating effects of…

Abstract

This study proposes the factors influencing career commitment among public servants in Vietnam. By applying perspectives of the investment model with the moderating effects of perceived economic conditions, this study suggests that commitment to a career of public servants depends on career satisfaction, career alternatives, career investment, and professional self-efficacy. Additionally, the study proposes that perceived economic conditions moderate the relationships between these factors and career commitment. As economic instability may influence job satisfaction, turnover intentions, and investment decisions, understanding its interaction with career dynamics is crucial for public sector management. Overall, this study contributes to a better understanding of the complexities of career commitment among Vietnamese public servants and provides policymakers with more insights on how to improve employee commitment.

Details

Future Workscapes: Emerging Business Trends and Innovations
Type: Book
ISBN: 978-1-83662-177-5

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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…

39

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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Article
Publication date: 31 August 2023

Zijian Wang, Qingong Shi and Qunzhe Ding

This investigation is designed to quantify and appraise the efficiency of resource distribution in the provision of public digital cultural services in China. By acknowledging and…

273

Abstract

Purpose

This investigation is designed to quantify and appraise the efficiency of resource distribution in the provision of public digital cultural services in China. By acknowledging and incorporating the realities of China's social development, the authors offer recommendations for enhancement derived from the study’s data analysis results. The research zeroes in on the dissection and analysis of the integral elements that structure the provision of public digital cultural services, and it concentrates on the associated data computation. The conclusions drawn herein are expected to serve as a significant point of reference for ongoing academic investigations and practical explorations in affiliated domains.

Design/methodology/approach

In this research, the authors utilize a hybrid methodology to meticulously evaluate the efficiency of the components that underpin the provision of public digital cultural services (PDCS) in China. The authors embark on deconstructing the various constituents within the PDCS supply framework, conducting in-depth analyses and providing cogent interpretations of each integral element. Subsequently, the authors deploy the well-regarded SBM super-efficiency model to ascertain the operational efficiency of these components. Ultimately, through a comprehensive interpretation of the measured data and the integration of extant societal development conditions, the authors put forth relevant recommendations.

Findings

The provision of PDCS in China as of 2021 had been characterized by overall good efficiency, significant regional disparity and a disconnect between inputs and outputs with weak correlations to economic and demographic data.

Originality/value

In this study, the authors provide an exhaustive deconstruction and interpretation of the public digital cultural services supply system, thereby proposing a framework for evaluating the efficiency of supply element allocation. Additionally, the authors have determined a set of distinct measurable indicators that are readily accessible for open collection. Notably, this analytical and evaluative framework designed for element analysis and measurement may also find application in efficiency evaluation research of the supply systems of other related cultural endeavors.

Details

Library Hi Tech, vol. 43 no. 1
Type: Research Article
ISSN: 0737-8831

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Article
Publication date: 10 January 2024

He-Boong Kwon, Jooh Lee and Ian Brennan

This study aims to explore the dynamic interplay of key resources (i.e. research and development (R&D), advertising and exports) in affecting the performance of USA manufacturing…

146

Abstract

Purpose

This study aims to explore the dynamic interplay of key resources (i.e. research and development (R&D), advertising and exports) in affecting the performance of USA manufacturing firms. Specifically, the authors examine the dynamic impact of joint resources and predict differential effect scales contingent on firm capabilities.

Design/methodology/approach

This study presents a combined multiple regression analysis (MRA)-multilayer perceptron (MLP) neural network modeling and investigates the complex interlinkage of capabilities, resources and performance. As an innovative approach, the MRA-MLP model investigates the effect of capabilities under the combinatory deployment of joint resources.

Findings

This study finds that the impact of joint resources and synergistic rents is not uniform but rather distinctive according to the combinatory conditions and that the pattern is further shaped by firm capabilities. Accordingly, besides signifying the contingent aspect of capabilities across a range of resource combinations, the result also shows that managerial sophistication in adaptive resource control is more than a managerial ethos.

Practical implications

The proposed analytic process provides scientific decision support tools with control mechanisms with respect to deploying multiple resources and setting actionable goals, thereby presenting pragmatic benchmarking options to industry managers.

Originality/value

Using the theoretical underpinnings of the resource-based view (RBV) and resource orchestration, this study advances knowledge about the complex interaction of key resources by presenting a salient analytic process. The empirical design, which portrays holistic interaction patterns, adds to the uniqueness of this study of the complex interlinkages between capabilities, resources and shareholder value.

Details

Benchmarking: An International Journal, vol. 32 no. 2
Type: Research Article
ISSN: 1463-5771

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Article
Publication date: 21 February 2025

Jingru Lian, Xiaobing Fan, Bin Xu, Shan Li, Zhiqing Tian, Mengdan Wang, Bingli Pan and Hongyu Liu

This paper aims to regulate the oil retention rate and tribological properties of pored polytetrafluoroethylene (PPTFE) using polyvinyl alcohol (PVA)-based oil gel.

1

Abstract

Purpose

This paper aims to regulate the oil retention rate and tribological properties of pored polytetrafluoroethylene (PPTFE) using polyvinyl alcohol (PVA)-based oil gel.

Design/methodology/approach

PPTFE was first prepared by using citric acid (CA) as an efficient pore-making agent. Subsequently, PVA and chitosan solution was introduced into the pores and experienced a freezing-thawing process, forming PVA-based gels inside the pores. Then, the PPTFE/PVA composite was impregnated with polyethylene glycol 200 (PEG200), yielding an oil-impregnated PPTFE/PVA/PEG200 composite.

Findings

It was found that the oil-impregnated PPTFE/PVA/PEG200 composite exhibited advanced tribological properties than neat PTFE with reductions of 53% and 70% in coefficient of friction and wear rate, respectively.

Originality/value

This study shows an efficient strategy to regulate the tribological property of PTFE using a PVA-based oil-containing gel.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/ILT-11-2024-0432/

Details

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

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Article
Publication date: 29 May 2024

Asmita Asmita, Anuja Akhouri, Gurmeet Singh and Mosab I. Tabash

The review paper aims to understand the development of workplace ostracism as a field in organizational studies from 2000 to the present. The study provides a comprehensive…

526

Abstract

Purpose

The review paper aims to understand the development of workplace ostracism as a field in organizational studies from 2000 to the present. The study provides a comprehensive synthesis of the current state of the domain by exploring its antecedents, consequences, underlying mechanisms and buffering mechanisms.

Design/methodology/approach

The present study analyses 134 published peer-reviewed empirical and non-empirical articles retrieved from the Scopus database. A systematic literature review and bibliometric analyses (using VOS viewer) have been used to gain insights into the development and trends within the field. Bibliometric analyses involved science mapping techniques such as co-citation analysis, co-occurrence of keywords and bibliographic coupling. Combining these three techniques, the study aimed to provide a comprehensive overview of the workplace ostracism research domain's historical, current and future landscape.

Findings

In the present study, through descriptive analyses, the authors uncovered publishing trends, productive journals, countries and industries that contribute to this research field. The systematic review enabled the showcasing of the current landscape of workplace ostracism. The bibliometric analyses shed light on major authors, influential articles, prominent journals and significant keywords in workplace ostracism.

Originality/value

This study enriches the existing literature by offering a comprehensive research framework for workplace ostracism. It goes beyond that by presenting significant bibliographic insights by applying bibliometric analyses. Furthermore, this study identifies and emphasizes future research directions using the theory, characteristics, construct and methodologies framework, aiming to expand the knowledge base and understanding of this topic.

Details

International Journal of Organizational Analysis, vol. 33 no. 3
Type: Research Article
ISSN: 1934-8835

Keywords

Available. Open Access. Open Access
Article
Publication date: 24 July 2024

Yining Ma and Wang He

This study aims to deeply explore the factors influencing mobile game players' willingness to make in-game purchases, providing references for game developers and marketers to…

1506

Abstract

Purpose

This study aims to deeply explore the factors influencing mobile game players' willingness to make in-game purchases, providing references for game developers and marketers to formulate effective strategies.

Design/methodology/approach

This research integrates the coolness factors and hedonic motivation system acceptance model to construct a comprehensive theoretical model analyzing mobile game players' willingness to make in-game purchases. The framework includes multidimensional variables such as joy, coolness, immersion, and game experience. Using data from 392 surveys collected from mobile game forums and social networks, the study employs structural equation modeling to analyze the factors and mechanisms influencing players' willingness to make in-game purchases and to verify the related research hypotheses.

Findings

The findings reveal that coolness factors have a significant positive impact on game experience and immersion, which in turn affect players' willingness to make in-game purchases. Game experience has a significant positive impact on both immersion and purchase willingness. A good game experience not only increases players' immersion but also directly enhances their willingness to make in-game purchases. Immersion plays a mediating role in the influence of coolness factors and joy on purchase willingness.

Originality/value

By integrating coolness theory with the hedonic motivation system acceptance model, this study constructs a comprehensive model to explore mobile game players' willingness to make in-game purchases. The combination of variables, including personal psychological and social psychological factors, provides a thorough analysis of the factors influencing mobile game purchase willingness, enriching existing research.

Details

Asia Pacific Journal of Marketing and Logistics, vol. 37 no. 2
Type: Research Article
ISSN: 1355-5855

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Article
Publication date: 22 August 2024

Imran Khan and Mrutuyanjaya Sahu

This paper aims to empirically examine the influence of macroeconomic and socioeconomic factors on improving financial inclusion in India, with a specific focus on two distinct…

108

Abstract

Purpose

This paper aims to empirically examine the influence of macroeconomic and socioeconomic factors on improving financial inclusion in India, with a specific focus on two distinct indicators of financial inclusion.

Design/methodology/approach

This study has used a time-series data set covering the years 1996 to 2022, using a nonlinear autoregressive distributed lag methodology. This approach allows for the examination of both short- and long-run effects of key macroeconomic and socio-economic indicators, including GDP per capita growth, remittance inflows and the income share held by the lowest 20% of the population on the growth of two financial inclusion indicators: the number of commercial bank branches and ATMs per 100,000 adults.

Findings

Model-1 investigates how commercial bank branch growth affects financial inclusion. Positive remittance inflow growth and a rise in the income share of the bottom 20% both lead to increased financial inclusion in both the short and long term, with the effects being more pronounced in the long run. Conversely, negative effects of remittance inflow growth and a decline in GDP per capita growth lead to reduced financial inclusion, primarily affecting the long run. Focusing on ATM growth, Model-2 reveals that positive remittance inflow growth has the strongest impact on financial inclusion in the short term. While income share growth for the bottom 20% and GDP growth also positively influence financial inclusion, their effects become significant only in the long run. Conversely, a decline in GDP per capita growth hinders financial inclusion, primarily affecting the short run.

Originality/value

This study fills a gap in research on macroeconomic and socioeconomic factors influencing financial inclusion in India by examining the impact of GDP per capita growth, remittance inflows and the income share held by the lowest 20% of the population, an area relatively unexplored in the Indian context. Second, the study provides comprehensive distinct results for different financial inclusion indicators, offering valuable insights for policymakers. These findings are particularly relevant for policymakers working toward Sustainable Development Goal 8.10.1, as they can use the results to tailor policies that align with SDG objectives. Additionally, policymakers in other developing nations can benefit from this study’s findings to enhance financial inclusion in their respective countries.

Details

Journal of Financial Economic Policy, vol. 17 no. 2
Type: Research Article
ISSN: 1757-6385

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Article
Publication date: 10 January 2025

Lei Wang, Xinming Wang, Liang Li, Chuang Yang and Yuqin Zhu

With respect to severe working conditions such as heavy load and impact, this paper aims to investigate the friction reduction and anti-wear performance of kaolin and molybdenum…

14

Abstract

Purpose

With respect to severe working conditions such as heavy load and impact, this paper aims to investigate the friction reduction and anti-wear performance of kaolin and molybdenum dialkyl dithiophosphate (MoDDP) composite lubricant additives to improve the lubrication effect of a single additive.

Design/methodology/approach

A four-ball friction test was carried out to determine the optimal concentration of kaolin and organic molybdenum additives and the tribological properties of the kaolin/MoDDP composite lubricant additives. A ring block test of composite lubricant additives was designed to investigate its lubrication performance under the severe working conditions of low speed, heavy load and impact.

Findings

The results showed that the optimal addition mass fractions of kaolin and MoDDP were 4.0 and 1.5 Wt.%, respectively, when kaolin and MoDDP were used as single lubricant additives. Compared with the single additive, the 4.0 Wt.% kaolin/1.5 Wt.% MoDDP composite lubricant additive showed excellent friction reduction and anti-wear effects under heavy load and impact conditions. Physicochemical analysis of the wear surface revealed that the lamellar kaolin additive and MoDDP had excellent synergistic effects, and the friction process promoted the generation of lubricant films containing a chemically reactive layer of MoS2, MoO2, FeS2 and Fe2O3 and a physically adsorbent layer containing SiO2 and Al2O3, which play important roles in anti-wear and friction reduction.

Originality/value

The excellent friction reduction and anti-wear effects of lamellar silicate minerals and the excellent antioxidant properties and good synergistic effects of molybdenum were comprehensively used to develop the composite additives with great lubricating properties.

Details

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

Keywords

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