This paper analyses the inherent risks associated with corporate real estate (CRE).First, the author looks at corporate risk in general and at the context in which CRE decisions…
Abstract
This paper analyses the inherent risks associated with corporate real estate (CRE). First, the author looks at corporate risk in general and at the context in which CRE decisions are made. Next, the types of risk generally inherent in CRE usage are examined, beginning with development risks and then grouping other risks into three categories: financial, physical and regulatory CRE risks. Possible risk management strategies are offered, to reduce the risks associated with CRE usage: due diligence, avoidance, insurance, hedging and diversification. Lastly, conclusions and recommendations for accounting for risk in corporate real estate management (CREM) are provided. The discussion of the risks inherent in CRE usage offers a starting point for future and more detailed discussions of the risk in CREM and provides a new perspective on the management of CRE assets.
Details
Keywords
Focuses on impact fee adoption as a means of financing growth in anincreasing number of Florida communities. The discussion includes thetypes of impact fees, their multiple uses…
Abstract
Focuses on impact fee adoption as a means of financing growth in an increasing number of Florida communities. The discussion includes the types of impact fees, their multiple uses, the extent to which they have increased in number, and subsequent increases in costs to residents of new development. Concluding observations offer an analysis on the interplay of economic and political variables that may help to explain the present status of impact fees in Florida and their probable continued growth in Florida localities. While impact fees may be revenue enhancement mechanisms, they also raise serious policy making questions, the answers to which will depend on local political and economic circumstances.
Details
Keywords
Catalina Perez, Rodolfo de Castro and Maria Font i Furnols
The aim of this paper is to highlight and summarize the main factors found along the pork supply chain, which affect the quality of pork products, taking into consideration the…
Abstract
Purpose
The aim of this paper is to highlight and summarize the main factors found along the pork supply chain, which affect the quality of pork products, taking into consideration the product attributes demanded by consumers.
Design/methodology/approach
The paper is a review of the pork supply chain literature, and the main objective is to describe and analyze the complexity of the pork production industry from a holistic perspective. An extensive review of the relevant literature was done together with discussions and reflexions carried out with pork sector researchers.
Findings
The paper highlights the complexity involved in the pork supply chain in order to obtain quality products and demonstrates that, by looking at pork production as a chain instead of as individual steps made by different companies, the meat sector can more easily meet the challenge of accurately responding to changing customer demands.
Research limitations/implications
The contribution describes the main factors and attributes found along the pork supply chain, which are relevant to the quality of the final product as perceived by the consumer. Further research could be done on the effects of the interactions between the factors on pork chain analysis and consumer satisfaction.
Practical implications
The main lesson to be learned from this work is the opportunity supply‐chain agents get from collaboration, which allows them to become more competitive than if they stay isolated and without a global perspective of the whole chain. The findings contribute to further research on the pork sector from a supply chain perspective.
Originality/value
The paper provides a holistic perspective of the pork supply chain and can be useful for researchers and practitioners involved in the management of pork product quality and new product development.
Details
Keywords
Bo Meng and Kyuhwan Choi
This paper aims to examine theme restaurant customers’ decision-making process in light of the theory of planned behavior (TPB) model.
Abstract
Purpose
This paper aims to examine theme restaurant customers’ decision-making process in light of the theory of planned behavior (TPB) model.
Design/methodology/approach
This investigation is conducted by an on-site survey with 357 theme restaurant customers who have a dining experience in China. The current study used Anderson and Gerbing’s (1998) two-step method.
Findings
Study results indicate the extended TPB model surpasses the TPB in predicting customers’ behavioral intention. Findings not only identified attitude and involvement as useful mediators in the model but also provided evidence of possible relationships in the proposed model.
Research limitations/implications
The relationships in the extended TPB offer practical solutions for theme restaurant managers and ways to increase the customers’ intention to revisit their establishments.
Originality/value
With servicescape as an external factor and perceived authenticity and involvement as psychological factors incorporated into the TPB, the proposed framework supported the analysis of those underlying factors in the context of theme restaurants toward clarifying the formation of customer’s intention to revisit those restaurants.
Details
Keywords
Tiffany Karalis Noel, Monica Lynn Miles and Padmashree Rida
Mentoring postdocs is a shared responsibility and dynamic process that requires a mutual commitment between the faculty mentor and postdoc. The purpose of this study is to…
Abstract
Purpose
Mentoring postdocs is a shared responsibility and dynamic process that requires a mutual commitment between the faculty mentor and postdoc. The purpose of this study is to understand how minoritized science, technology, engineering, and mathematics (STEM) postdocs view and engage in mentoring exchanges with their faculty mentors. In the context of this study, minoritized postdocs include women, people of color, and individuals with international status; faculty mentors include postdocs’ Principal Investigators (PIs).
Design/methodology/approach
Three researchers and 31 data sources (i.e., interview transcripts) were used to construct the case. Researchers first deductively and independently coded the data sources using Molm’s (2006) social exchange framework to identify examples of direct, generalized, and productive mentoring exchanges. Researchers then used thematic analysis (Braun and Clarke, 2006) to identify emergent themes among coded examples of direct, generalized, and productive mentoring exchanges.
Findings
Data analyses revealed three emergent themes: (1.1) postdocs valued regular meetings and communication with mentors to clarify responsibilities and role expectations, (1.2) postdocs found more value in their interactions with junior faculty PIs who were flexible and open to innovative ideas, and (1.3) postdocs appreciated conversations about short- and long-term career goals and advice with mentors.
Originality/value
Findings offer implications for faculty and postdocs’ approaches to mentoring relationships, and for approaches to cultivating supportive scholarly communities in STEM higher education. Recommendations include flexibility in research assignments, increased awareness of non-academic careers, and opportunities for informal interactions and intra/interdepartmental community building.
Details
Keywords
Malka Thilini and Nishani Champika Wickramaarachchi
The purpose of this paper is to analyze the commercial property development risk factors from the entrepreneur’s point of view against social, economic, environmental…
Abstract
Purpose
The purpose of this paper is to analyze the commercial property development risk factors from the entrepreneur’s point of view against social, economic, environmental, technological and political risk assessment criteria. After that, this study aims to assess the risk factors based on the analytical network process (ANP) model and to prioritize the key risk factors to identify which risk factor is highly affected to the commercial development process.
Design/methodology/approach
The data were collected through face-to-face interviews using a structured questionnaire. The analysis of the risk factors involved the ANP model using super decision software.
Findings
The results revealed that there are five major risk factors such as environmental, social, economic, technological and political risk, and 32 sub-risk factors. According to the super matrix calculation, the synthesized values for three projects were 0.0704, 0.0532 and 0.0431, respectively. It was identified that Ward City was 0.0704, indicating that it is comparatively less risky and, hence, can be categorized as the best development and considering the sub-risk factors; the results show that the highly affected risk factors for the development are: the council approval process, climate changes and natural disaster, and the least affected risk factors are confidence to the market, lifecycle value, investment return and currency conversion factor.
Practical implications
The paper includes implications for the development of commercial properties, risk and risk assessment criteria to make risk management strategies and policy implementation.
Originality/value
The research findings are helpful in improving risk management strategies in the country, and policy formulation should focus on the above identified three risk factors in order to mitigate the risk in every stage and to achieve sustainable project development while increasing the satisfaction of long-term investment goals.
Details
Keywords
Margarita Arutiunova and Thadeu Gasparetto
Previous studies focused predominantly on wage dispersion within men’ sports teams. This study aims to reveal how the relationship between wage dispersion and team performance…
Abstract
Purpose
Previous studies focused predominantly on wage dispersion within men’ sports teams. This study aims to reveal how the relationship between wage dispersion and team performance applies for women’s sport.
Design/methodology/approach
The sample comprises 168 observations of four consecutive National Basketball Association (NBA) and Women’s National Basketball Association (WNBA) regular seasons (2018–2021). Eight econometric models are performed for comparing the leagues.
Findings
The findings indicate that the wage dispersion within the squads affects the women’s and men’s basketball teams differently. Cohesiveness theory is applicable for WNBA teams, while NBA teams follow the tournament theory.
Originality/value
To the best of the authors’ knowledge, this is the first paper which inspects the relationship between wage dispersion and team performance using data from women’s sports. Further research may examine whether the differences found in sports also apply in different labor markets.
Details
Keywords
Raj K. Vinnakota and Dentcho A. Genov
Selective laser melting (SLM) is an advanced rapid prototyping or additive manufacturing technology that uses high power density laser to fabricate metal/alloy components with…
Abstract
Purpose
Selective laser melting (SLM) is an advanced rapid prototyping or additive manufacturing technology that uses high power density laser to fabricate metal/alloy components with minimal geometric constraints. The SLM process is multi-physics in nature and its study requires development of complex simulation tools. The purpose of this paper is to study – for the first time, to the best of the authors’ knowledge – the electromagnetic wave interactions and thermal processes in SLM based dense powder beds under the full-wave formalism and identify prospective metal powder bed particle distributions that can substantially improve the absorption rate, SLM volumetric deposition rate and thereby the overall build time.
Design/methodology/approach
We present a self-consistent thermo-optical model of the laser-matter interactions pertaining to SLM. The complex electromagnetic interactions and thermal effects in the dense metal powder beds are investigated by means of full-wave finite difference simulations. The model allows for accurate simulations of the excitation of gap, bulk and surface electromagnetic resonance modes, the energy transport across the particles, time dependent local permittivity variations under the incident laser intensity, and the thermal effects (joule heating) due to electromagnetic energy dissipation.
Findings
Localized gap and surface plasmon polariton resonance effects are identified as possible mechanisms toward improved absorption in small and medium size titanium powder beds. Furthermore, the observed near homogeneous temperature distributions across the metal powders indicates fast thermalization processes and allows for development of simple analytical models to describe the dynamics of the SLM process.
Originality/value
To the best of the authors’ knowledge, for the first time the electromagnetic interactions and thermal processes with dense powder beds pertaining to SLM processes are investigated under full-wave formalism. Explicit description is provided for important SLM process parameters such as critical laser power density, saturation temperature and time to melt. Specific guidelines are presented for improved energy efficiency and optimization of the SLM process deposition rates.
Details
Keywords
This study explores the relationships between equity, perceived organizational support, job satisfaction, organizational commitment and counterproductive work behavior in Macao's…
Abstract
Purpose
This study explores the relationships between equity, perceived organizational support, job satisfaction, organizational commitment and counterproductive work behavior in Macao's gaming industry. Additionally, it investigates whether the Covid-19 outbreak has effects on employees' perceptions and behaviors.
Design/methodology/approach
Data were collected from two surveys using convenience sampling, one involving 260 casino employees in 2019 and another involving 250 employees in 2020 after the outbreak of Covid-19.
Findings
No significant difference was observed between mean scores from respondents in the first and second surveys on job equity, pay equity, perceived organizational support and job satisfaction (p > 0.05). However, significant changes were found in mean scores for three organizational commitment items (negative changes; p < 0.05) and three counterproductive work behavior items (positive changes; p < 0.05). Results of structural equation modeling indicated that job equity and pay equity affected perceived organizational support and job satisfaction while perceived organizational support impacted organizational commitment directly and indirectly through job satisfaction, all with R2 values greater than 0.6. Organizational commitment negatively influenced counterproductive work behavior.
Research limitations/implications
The Covid-19 impact on casino employees' perceptions and behaviors was contingent upon the duration of pandemic.
Originality/value
The study is one of the first empirical studies to integrate social exchange theory and equity theory to organizational commitment in Macao's gaming industry. Job equity and pay equity were found to influence organizational commitment through perceived organizational support and job satisfaction. Additionally, the Covid-19 did not have significant effects on employees' equity, perceived organizational support and job satisfaction perceptions.