Pradipta Patra and Unni Krishnan Dinesh Kumar
Opportunistic and delayed maintenances are increasingly becoming important strategies for sustainable maintenance practices since they increase the lifetime of complex systems…
Abstract
Purpose
Opportunistic and delayed maintenances are increasingly becoming important strategies for sustainable maintenance practices since they increase the lifetime of complex systems like aircrafts and heavy equipment. The objective of the current study is to quantify the optimal time window for adopting these strategies.
Design/methodology/approach
The current study considers the trade-offs between different costs involved in the opportunistic and delayed maintenances (of equipment) like the fixed cost of scheduled maintenances, the opportunistic rewards that may be earned and the cost of premature parts replacement. The probability of the opportunistic maintenance has been quantified under two different scenarios – Mission Reliability and Renewal Process. In the case of delayed maintenance, the cost of the delayed maintenance is also considered. The study uses optimization techniques to find the optimal maintenance time windows and also derive useful insights.
Findings
Apart from finding the optimal time window for the maintenance activities the study also shows that opportunistic maintenance is beneficial provided the opportunistic reward is significantly large; the cost of conducting scheduled maintenance in the pre-determined slot is significantly large. Similarly, the opportunistic maintenance may not be beneficial if the pre-mature equipment parts replacement cost is significantly high. The optimal opportunistic maintenance time is increasing function of Weibull failure rate parameter “beta” and decreasing function of Weibull failure rate parameter “theta.” In the case of optimal delayed maintenance time, these relationships reverse.
Originality/value
To the best of our knowledge, very few studies exist that have used mission reliability to study opportunistic maintenance or considered the different cost trade-offs comprehensively.
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Liping Wu, Xingchen Yi, Kai Hu, Oleksii Lyulyov and Tetyana Pimonenko
The transition to green growth goals requires the concerted efforts of the whole society. Enterprises, as important players in the market, play a key role in promoting green and…
Abstract
Purpose
The transition to green growth goals requires the concerted efforts of the whole society. Enterprises, as important players in the market, play a key role in promoting green and sustainable development. The rise of the concept of sustainable development has enabled more enterprises to disclose environmental, social and governance (ESG) information, and ESG behaviour is regarded as a positive strategic behaviour to implement the new development concept. This paper aims to explore the influence of ESG performance on enterprise green innovation.
Design/methodology/approach
This study applies a fixed effect model and the regulation effect of empirical analysis to explore the influence of ESG performance on enterprise green innovation. The object of investigation is 2014–2021 Shanghai and Shenzhen A-share listed companies.
Findings
The results of an empirical analysis outline the following conclusions: (1) ESG performance has a significant effect on enterprise green innovation, mainly by easing the pressure of the financing enterprise, fitting stakeholders’ environmental protection concept and obtaining employee organizational identity that influences enterprise green innovation. (2) Government regulation positively regulates the role of ESG performance in promoting the green innovation of enterprises. (3) Heterogeneity analysis found that the strengthening role of ESG performance on the green innovation of enterprises is stronger in green invention patents, state-owned enterprises and nonheavily polluting industries.
Research limitations/implications
Despite the valuable findings, this study has a few limitations. Thus, it is necessary to extend the object of investigation by adding other Asian countries, which allows for comparison analysis and allocating best practices for promoting green innovation. Besides, innovation and ESG performance depend on the quality of institutions. In this case, the future study should incorporate the indicators that reveal the quality of institutions (corruption, transparency, digitalisation, voice, accountability, etc.).
Practical implications
According to the above conclusions, this paper proposes suggestions at the level of enterprises, government and investors. At the enterprise level, ESG responsibility should be strengthened, ESG information should be consciously disclosed and the quality of ESG disclosure should be improved. Government departments should play the role of supervisors, improve the construction of ESG information disclosure systems and promote the formation of ESG systems. At the social level, investors should improve the ESG information status and pay more attention to the ESG performance of enterprises.
Originality/value
This study fills the scientific gaps in the analysis impact of ESG performance on the green innovation of enterprises. This paper contributes to the theoretical landscape of ESG efficiency by developing approaches based on two empirical models: testing the impact of enterprise ESG performance on green innovation and testing whether government regulation plays a regulatory role in the relationship between ESG performance and green innovation. Besides, this study analysed the ESG performance and green innovation within the following categories: heavy and nonheavy polluter industries; state and nonstate-owned enterprise groups.
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Tachia Chin, Yi Shi, Rosa Palladino and Francesca Faggioni
Cross-cultural cognitive paradoxes have frequently broken the existing boundaries of knowledge and stimulated demands for knowledge creation (KC), and such paradoxes have…
Abstract
Purpose
Cross-cultural cognitive paradoxes have frequently broken the existing boundaries of knowledge and stimulated demands for knowledge creation (KC), and such paradoxes have triggered and will continue to trigger novel risks in the context of international business (IB). Given the nascency of relevant issues, this study aims to develop a more comprehensive understanding of KC across cultures by proposing a Yin-Yang dialectical systems theory of KC as micro-foundation to more systematically frame the risk/paradox-resolving mechanism elicited by cultural collisions.
Design/methodology/approach
This paper is conceptual in nature. The authors first critically review the literature to lay a broad theoretical foundation. Integrating the philosophy- and praxis-based views, the authors reposition knowledge as a Yin-Yang dialectical system of knowing, with yin representing the tacit while yang represents the explicit. Next, the authors justify the underling logic of realising KC through a contradiction-resolving process. On this basis, the authors draw upon the Yijing’s Later Heaven Sequence (LHS) as the source domain of a heuristic metaphor to reconceptualise KC as a dynamic capability in the IB context.
Findings
Using the LHS paradigm to metaphorically map the intricate patterns of interaction and interconnectivity among the involved individuals, organisations and all related stakeholders, this research identifies and theorises the overall dynamic capability of KC in the IB context, which comprises five sets of processes: contradiction, conflict, communication, compromise and conversion.
Practical implications
This research highlights that KC is simultaneously activated and constrained by human actions as well as by the socially constructed context in which it emerges, which helps individuals, organisations and policy makers more clearly frame the novel risks induced by cross-cultural cognitive conflicts in the IB context.
Originality/value
The authors synthesise Yin-Yang dialectics with the approach of collective phronesis, proposing a novel, praxis-oriented Yin-Yang dialectical systems theory of KC. It provides a deeper understanding of the epistemological paradox inherent in all knowledge, thus enabling KC to be rationalised by a sounder logical reasoning. By fusing the macro and micro perspectives on KC, the authors also enrich existing theory and future theory building in the domain of knowledge management.
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Yang Zhou, Huifang Li and Pengzhen Yin
This study investigates how online sellers can leverage platform-based technologies to mitigate product returns through the lens of affordance actualization theory. We…
Abstract
Purpose
This study investigates how online sellers can leverage platform-based technologies to mitigate product returns through the lens of affordance actualization theory. We conceptualize four categories of platform-based technologies and theorize how their affordances influence consumer perceptions and behaviors, leading to reduced return rates.
Design/methodology/approach
We develop a research model grounded in affordance actualization theory and test our hypotheses using a unique longitudinal dataset from a leading e-commerce platform. We employ panel data analysis with seller fixed effects and conduct various robustness checks to ensure the reliability of our findings. We also examine the synergistic effects among different platform-based technologies and explore their varying impacts across product types and seller characteristics.
Findings
The strategic actualization of pricing, marketing, product presentation and customer service technology affordances significantly reduces product return rates. The return-mitigating effects are stronger for low-reputation sellers and high-price, high-complexity products, highlighting the contingent value of technology affordances in managing returns. Besides, we find evidence of synergistic effects among different platform-based technologies, particularly for complex products and less reputable sellers.
Originality/value
This study extends affordance actualization theory to the e-commerce context and uncovers the mechanisms and boundary conditions for platform-based technologies to mitigate product returns. We contribute to the literature by offering a novel theoretical perspective and granular insights into the role of technology in shaping a critical operational outcome in online retailing.
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Mahdi Abouei, Nima Kordzadeh, Maryam Ghasemaghaei and Bilal Khan
Users contribute to online communities by posting and responding to discussion threads. Nonetheless, only a small fraction of threads gain popularity and shape community…
Abstract
Purpose
Users contribute to online communities by posting and responding to discussion threads. Nonetheless, only a small fraction of threads gain popularity and shape community discourse. Prior studies have identified several factors driving thread popularity; however, despite their prevalence, the role of emotional expressions within discussion threads remains understudied. This study addresses this gap by investigating the impact of thread starters’ valence and embedded discrete emotions of anger, anxiety and sadness on thread popularity, drawing on the negativity bias and the emotion-as-social-information theories.
Design/methodology/approach
Using two samples from Reddit, this study employs negative binomial regression analysis to examine the hypothesized relationships.
Findings
The results demonstrate that negativity in thread starters significantly influences thread popularity; however, the expression of discrete emotions impacts popularity variously. In some contexts, such as COVID-19 vaccination subreddits, embedded anger in thread starters decreases thread popularity, whereas anxiety and sad expressions enhance it. In other contexts, such as professional discussions (e.g. r/Medicine subreddit), anger and anxiety expressions increase thread popularity, while sad expressions have no significant influence.
Research limitations/implications
The study is limited by its focus on specific emotions and contexts. Future research could examine a broader range of emotions, post-content modalities and the impact of cultural and linguistic differences.
Originality/value
This study contributes to theory by offering a new definition of thread popularity and enhancing our understanding of the impact of emotions in online discussions. It also provides practical implications for online community members and moderators seeking to promote discussion posts that help achieve community goals.
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Shi Yin, Zengying Gao and Tahir Mahmood
The aim of this study is to (1) construct a standard framework for assessing the capability of bioenergy enterprises' digital green innovation partners; (2) quantify the choice of…
Abstract
Purpose
The aim of this study is to (1) construct a standard framework for assessing the capability of bioenergy enterprises' digital green innovation partners; (2) quantify the choice of partners for digital green innovation by bioenergy enterprises; (3) propose based on a dual combination empowerment niche digital green innovation field model.
Design/methodology/approach
Fuzzy set theory is combined into field theory to investigate resource complementarity. The successful application of the model to a real case illustrates how the model can be used to address the problem of digital green innovation partner selection. Finally, the standard framework and digital green innovation field model can be applied to the practical partner selection of bioenergy enterprises.
Findings
Digital green innovation technology of superposition of complementarity, mutual trust and resources makes the digital green innovation knowledge from partners to biofuels in the enterprise. The index rating system included eight target layers: digital technology innovation level, bioenergy technology innovation level, bioenergy green level, aggregated digital green innovation resource level, bioenergy technology market development ability, co-operation mutual trust and cooperation aggregation degree.
Originality/value
This study helps to (1) construct the evaluation standard framework of digital green innovation capability based on the dual combination empowerment theory; (2) develop a new digital green innovation domain model for bioenergy enterprises to select digital green innovation partners; (3) assist bioenergy enterprises in implementing digital green innovation practices.
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The purpose of this paper is to examine the influence of intelligent manufacturing on audit quality and its underlying mechanism as well as the variation in this influence across…
Abstract
Purpose
The purpose of this paper is to examine the influence of intelligent manufacturing on audit quality and its underlying mechanism as well as the variation in this influence across different types of organizations.
Design/methodology/approach
This research utilizes a difference-in-differences (DID) method to examine how enterprises that apply intelligent manufacturing choose auditors and impact their audit work. The study is based on 15,228 observations of Chinese-listed A-shares from 2011 to 2020.
Findings
(1) There is a strong correlation between intelligent manufacturing and audit quality. (2) This positive correlation is statistically significant only in state-owned enterprises (SOEs), those that have steady institutional investors and where the roles of the CEO and chairman are distinct. (3) Enterprises that have implemented intelligent manufacturing are more inclined to employ auditors who possess extensive industry expertise. The auditor's industry expertise plays a crucial role in ensuring audit quality. (4) The adoption of intelligent manufacturing also leads to higher audit fees and longer audit delay periods.
Practical implications
This paper validates the beneficial impact of intelligent manufacturing on improving corporate governance. In addition, it is recommended that managers prioritize the involvement of skilled auditors with specialized knowledge in the industry to ensure the high audit quality and the transparency of information in intelligent manufacturing enterprises.
Originality/value
This study builds upon previous research that has shown the importance of artificial intelligence in enhancing audit procedures. It contributes to the existing body of knowledge by examining how enterprise intelligent manufacturing systems (IMS) enhance audit quality. Additionally, this study provides valuable information on how to improve audit quality in the field of intelligent manufacturing by strategically selecting auditors based on resource dependency theory.
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Bingzi Jin, Xiaojie Xu and Yun Zhang
Predicting commodity futures trading volumes represents an important matter to policymakers and a wide spectrum of market participants. The purpose of this study is to concentrate…
Abstract
Purpose
Predicting commodity futures trading volumes represents an important matter to policymakers and a wide spectrum of market participants. The purpose of this study is to concentrate on the energy sector and explore the trading volume prediction issue for the thermal coal futures traded in Zhengzhou Commodity Exchange in China with daily data spanning January 2016–December 2020.
Design/methodology/approach
The nonlinear autoregressive neural network is adopted for this purpose and prediction performance is examined based upon a variety of settings over algorithms for model estimations, numbers of hidden neurons and delays and ratios for splitting the trading volume series into training, validation and testing phases.
Findings
A relatively simple model setting is arrived at that leads to predictions of good accuracy and stabilities and maintains small prediction errors up to the 99.273th quantile of the observed trading volume.
Originality/value
The results could, on one hand, serve as standalone technical trading volume predictions. They could, on the other hand, be combined with different (fundamental) prediction results for forming perspectives of trading trends and carrying out policy analysis.
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Yahui Zhang, Aimin Li, Haopeng Li, Fei Chen and Ruiying Shen
A tightly coupled global navigation satellite system (GNSS)-Vision-IMU-wheel odometer (GVIWO) system is proposed, which can realize robust positioning in extreme environments. The…
Abstract
Purpose
A tightly coupled global navigation satellite system (GNSS)-Vision-IMU-wheel odometer (GVIWO) system is proposed, which can realize robust positioning in extreme environments. The purpose of this study is to achieve adaptive initialization in complex environments, sensor anomaly detection and processing, and adaptive robust localization in extreme environments.
Design/methodology/approach
Adaptive initialization includes traditional dynamic and static initialization and extreme condition initialization. To deal with the unstable visual features in the state of excited motion, a method of wheel odometer assisted initialization is designed. According to the abnormal condition of the sensor, the anomaly detection and attenuation mechanism are designed to realize the accurate positioning of the sensor under abnormal condition.
Findings
Tight coupling optimization of GNSS signals, RGB+Depth Map cameras, inertial measurement units and wheel odometers ensures accurate positioning in both indoor and outdoor environments. Through open data sets and field validation experiments, the proposed tightly coupled system has strong adaptability, especially in extreme environments.
Originality/value
A new framework is proposed by integrating GNSS, visual, inertial measurement unit (IMU) and wheel odometer sensors to form an efficient positioning solution. An adaptive initialization method is proposed to enhance the robustness and real-time performance of the positioning system in complex and dynamic environments. A mechanism for detecting and attenuating sensor anomalies is designed, enabling quasideterministic positioning under sensor anomalies.
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Hui Shan, Daeyoung Ko, Lan Wang and Gang Wang
This study aims to examine the relationship between managerial ability and innovation efficiency, the mediating effect of digital transformation and the moderating effect of…
Abstract
Purpose
This study aims to examine the relationship between managerial ability and innovation efficiency, the mediating effect of digital transformation and the moderating effect of internal control.
Design/methodology/approach
This study collected A-share manufacturing listed companies in China from 2008 to 2019 and analyzed the data by means of multiple regression analysis, mediating effect test, moderating effect test and heterogeneity test. Finally, the authors conducted robustness test by remeasuring key variables and adding control variables.
Findings
The empirical results show that the higher managerial ability can improve innovation efficiency, internal control has a positive moderating effect and digital transformation plays a partial mediating effect on the relationship between managerial ability and innovation efficiency. Specially, it is found that the mediating effect of digital transformation is not significant in non-state-owned firms.
Practical implications
This study suggests that it is necessary to focus on the managerial ability in terms of both cultivation and supervision, to further deepen the digital transformation from the aspects of firms, government and society, especially to support the digital transformation of non-state-owned firms, and to make efforts to improve the corporate governance mechanism and internal control system, so as to better comprehensively realize the improvement of enterprise innovation efficiency.
Originality/value
Based on the mediating effect analysis of digital transformation and the moderating effect analysis of internal control, this study explores the role of managerial ability on innovation efficiency from a new perspective, expanding the related theoretical framework and research boundaries.