Adriana Soares Ito, Torbjörn Ylipää, Per Gullander, Jon Bokrantz and Anders Skoogh
Manufacturing companies struggle to manage production disturbances. One step of such management deals with prioritising those disturbances which should undergo root cause…
Abstract
Purpose
Manufacturing companies struggle to manage production disturbances. One step of such management deals with prioritising those disturbances which should undergo root cause analysis. The focus of this work is on two areas. First, investigating current challenges faced by manufacturing companies when prioritising root cause analysis of production disturbances. Second, identifying the stakeholders and factors impacted by production disturbances. Understanding the current challenges and identifying impacted stakeholders and factors allows the development of more efficient prioritisation strategies and, thus, contributes to the reduction of frequency and impact of disturbances.
Design/methodology/approach
To achieve the intended purpose of this research, a qualitative approach was chosen. A series of interviews was conducted with practitioners, to identify current challenges. A series of focus groups was also held, to identify the impacted stakeholders and factors by disturbances.
Findings
Various challenges were identified. These are faced by manufacturing companies in their prioritisation of production disturbances and relate to the time needed, criteria used, centralisation of the process, perspective considered and data support. It was also found that a wide range of stakeholders is impacted by production disturbances, surpassing the limits of production and maintenance departments. Furthermore, the most critical factors impacted are quality, work environment, safety, time, company results, customer satisfaction, productivity, deliverability, resource utilisation, profit, process flow, plannability, machine health and reputation.
Originality/value
The current situation regarding root cause analysis prioritisation has not been identified in previous works. Moreover, there has been no prior systematic identification of the various stakeholders and factors impacted by production disturbances.
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Adriana Ito, Torbjörn Ylipää, Per Gullander, Jon Bokrantz, Victor Centerholt and Anders Skoogh
Resistance is expected to emerge with the implementation and use of new technologies in production systems. This work focuses on identifying sources of resistance to the use of…
Abstract
Purpose
Resistance is expected to emerge with the implementation and use of new technologies in production systems. This work focuses on identifying sources of resistance to the use of Industry 4.0 technologies when managing production disturbances and suitable managerial approaches to deal with them.
Design/methodology/approach
A qualitative approach was chosen in this research. The authors conducted a literature review and a series of interviews. Thirty-one papers from the literature review were analysed, and 16 people from five different companies were interviewed.
Findings
The authors identified five different sources of resistance and three managerial approaches to dealing with them. The sources of resistance were based on (1) feelings of over-supervision, (2) unclear values, (3) feelings of inadequacy, (4) concerns about loss of power and jobs and (5) work overload. The three approaches to dealing with resistance are (1) communication, (2) participation and (3) training.
Originality/value
This work identifies the sources and strategies to deal with resistance to the use of Industry 4.0 technologies in the management of production disturbances. The managerial literature in this area is limited, and to the authors's knowledge, the specific sources for resistance and strategies to deal with that in this topic have not been systematically investigated before.
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Maria Elisabete Duarte Neves, Maria do Castelo Gouveia, Adriana Martins and Joaquim Carlos da Costa Pinho
The main goal of this paper is better understand the risk/return trade-off of investing in socially responsible investment funds (SRIF) and green investment funds (GIF).
Abstract
Purpose
The main goal of this paper is better understand the risk/return trade-off of investing in socially responsible investment funds (SRIF) and green investment funds (GIF).
Design/methodology/approach
To achieve our aim a green investment fund portfolio, a socially responsible investment portfolio and a conventional fund (CF) portfolio from the United States of America (USA) were selected to compare the efficiency of these three different portfolios, by using Value-Based Data Envelopment Analysis (DEA) methodology.
Findings
The results point out that SRIF and GIF are more efficient than CF. For five years, the CFs have not outperformed the GIF.
Originality/value
The results suggest that there is a growing awareness on the part of investors that sustainable companies are the companies that will allow a better quality of life and a more sustainable environment. It seems that somehow managers and investors are aware that the market will compensate them for thinking about a cleaner and more equitable world.
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Adriana Anamaria Davidescu, Răzvan Gabriel Hapau and Eduard Mihai Manta
In recent decades, interconnections between countries have increased substantially worldwide as the process of integration and globalisation intensifies, with a positive impact in…
Abstract
In recent decades, interconnections between countries have increased substantially worldwide as the process of integration and globalisation intensifies, with a positive impact in terms of economic development, but, also with a vulnerability to external shocks, such as the financial contagion phenomenon. The analysis of this research field becomes even more relevant in the context of a new major exogenous shock, but which, this time, has different specificities, being a sanitary crisis. Thus, the chapter aims to investigate the impact of crises on capital market volatility for the period of 1995–2021, using the bibliometric analysis highlighting the dynamics of the literature and potential future research directions through a science mapping that enables investigating scientific knowledge. In order to explore the development of the research field in terms of publications, author impact, affiliated institutions and countries, citation patterns, trending topics, relationship between keywords–authors–journals, abstracts’ analysis, authors and documents clustering by coupling, multiple correspondence analysis of major research themes, keyword analysis, co-citation analysis and authors, institutions and countries collaboration analysis have been applied. Hence, almost 500 publications from Web of Science database covering the period 1995–2021 have been extracted. The empirical findings emphasise the conceptual structure, with clusters focussing mainly on long-term receivables, market efficiency, volatility, dynamic conditional correlation (DCC)-GARCH models, asymmetric effects. According to the intellectual structure of the field, Lambertides N., Zopiatis A., McAleer M. or Savva C. S. are the most representative authors for the sub-area of volatility topic; whilst Balcerzak A. P., Pietrzak M. B., Zinecker M., Meluzin T. and Faldzinski M. are the reference names for the whole spectrum of DCC-GARCH models’ topic. Jayasekera R., Lundblad C., Choundhry T., Gupta R. and Demirer R. are the authors mostly associated with asymmetric effects’ topic, whilst Thorp S., Bouchaud J. P. and Dungey M. with the quantitative finance. The Journal of Banking & Finance, the Journal of International Money and Finance and the International Review of Financial Analysis as well as Economic Modelling, Research in International Business and Finance and the International Journal of Finance & Economics are the most prolific journals in the field of capital flow and financial crises. This chapter’s main contribution is to build a structure of knowledge for the impact of crises on capital market volatility, elaborate and classify empirical research into relevant dimensions that can be used as a reference for comprehensively developing research. Finally, the bibliometric analysis results may provide insight into future research prospects. Our conclusions offer some recommendations for market practitioners and policy-making.