Search results

1 – 10 of 24
Per page
102050
Citations:
Loading...
Access Restricted. View access options
Article
Publication date: 23 April 2020

Jianjun Jia, Lili Shao, Zhenzhen Sun and Fang Zhao

This paper assesses how discretionary accruals (DAs) affect corporate cash savings policies and the motivation behind this cash saving behavior and, also whether the linkage…

337

Abstract

Purpose

This paper assesses how discretionary accruals (DAs) affect corporate cash savings policies and the motivation behind this cash saving behavior and, also whether the linkage between DAs and cash saving affect the market-perceived cash value.

Design/methodology/approach

We construct the measure of DAs using the previous five-year average information to investigate the association of DAs with the change in cash. Moreover, the Faulkender and Wang (2006) methodology is utilized to examine the market-perceived cash value in DAs.

Findings

The key finding is that firms with high DAs save significantly more cash. A one standard deviation increase in DAs saves cash by 12.59%. Furthermore, the value of cash is low for these firms. The effect is stronger in firms with poor governance but not present in financially constrained firms.

Research limitations/implications

The empirical evidence highlights DAs have negative effect on market-perceived cash value, which underscores the insight that managers manage earnings opportunistically using DAs.

Originality/value

Taken together, we provide more evidence on the literature of accruals in earnings manipulation.

Details

China Finance Review International, vol. 10 no. 4
Type: Research Article
ISSN: 2044-1398

Keywords

Access Restricted. View access options
Article
Publication date: 13 February 2017

Jianjun Sun, Dongfang Sheng, Dongxiao Gu, Jia Tina Du and Chao Min

The purpose of this paper is to investigate the continued use behavior (CU) of link sharing tools based on uses and gratifications theory, the theory of planned behavior and…

1546

Abstract

Purpose

The purpose of this paper is to investigate the continued use behavior (CU) of link sharing tools based on uses and gratifications theory, the theory of planned behavior and expectation confirmation theory. It then builds a conceptual model that is empirically tested.

Design/methodology/approach

Data were collected from 343 students (undergraduates, masters, PhD students, and MBAs) from three Chinese universities via a two-phrase survey. The tools SPSS 18.0 and AMOS 18.0 were used to analyse the reliability, validity, model fits and SEM, respectively.

Findings

The results indicate that an individual’s CU of link sharing tools was determined by his or her continued use intention directly and subjective norm indirectly. Users’ satisfaction on link sharing tools was the main factor affecting the continuance intention. Individuals’ motivation needs such as cognitive needs, personal integrative needs, and social integrative needs were found to be the significant predictors of his or her satisfaction. Besides, people with high privacy concern tended to have less satisfaction with link sharing tools.

Originality/value

This study explores users’ CU of link sharing tools in social media for the first time. The theoretical model developed shows the predictors behind people’s CU.

Details

Online Information Review, vol. 41 no. 1
Type: Research Article
ISSN: 1468-4527

Keywords

Access Restricted. View access options
Article
Publication date: 25 February 2020

Jianjun Jiang, Peiqiang Su and Zhiyuan Ge

The purpose of this study is to find the relationships among the high- and new-technology enterprise (HNTE) identification policy, firm’s total factor productivity (TFP) and the…

261

Abstract

Purpose

The purpose of this study is to find the relationships among the high- and new-technology enterprise (HNTE) identification policy, firm’s total factor productivity (TFP) and the marketization process by using data obtained from China manufacturing firms.

Design/methodology/approach

Propensity matching score – difference-in-difference modeling are used to investigate the relationships among the HNTE identification policy, firm’s TFP and the marketization process. In addition, the complex relations between policy and firm’s TFP, including in the proposed model, are assessed in detail through the mediation analysis.

Findings

The results show that the HNTE identification policy can promote firm’s TFP, but its effect depends on the marketization process. The transmission path of HNTE identification policy to promote enterprise productivity lies in the optimization of incentive mechanism, including the improvement of enterprise labor productivity, the reduction of income tax burden and cost and the reduction of financing constraints. In industries and regions with more effective market mechanism, as well as industries with more intense market competition, the productivity promotion effect of the HNTE identification policy is stronger. In industries and regions with low degree of marketization, as well as industries with low degree of market competition, the productivity promotion effect brought by the improvement of incentive mechanism is distorted, which actually inhibit the promotion of enterprises’ TFP.

Practical implications

The study confirms that the HNTE identification policy plays an important role in enhancing the TFP of China’s manufacturing firm. Policy makers can adopt industrial policy in the key industries and technology areas that are meaningful but market failure. Furthermore, it demonstrates that the effect of the HNTE identification policy largely depends on the marketization process. These finding imply that when formulating an industrial policy, the marketization process of the industry and region should be taken into account.

Originality/value

The paper analyzes the relationship among the HNTE identification policy, firm’s TFP and the marketization process. Panel data are used to discuss the mechanism of HNTE identification policy affecting firm’s TFP. The paper also reveals the effect of the marketization process on the effectiveness of the HNTE identification policy.

Access Restricted. View access options
Article
Publication date: 27 November 2019

Meng Lu, Yang Qiang, Du Jiangang and Dong Zerui

The purpose of this paper is to examine the interaction effect of innovative product category and presentation order on consumer consumer’s purchasing intention and the mediating…

574

Abstract

Purpose

The purpose of this paper is to examine the interaction effect of innovative product category and presentation order on consumer consumer’s purchasing intention and the mediating role of perceived novelty and risk perception.

Design/methodology/approach

The authors examined the hypotheses in three experiment studies. In Study 1, the authors primed innovative product category and presentation order on consumer consumer’s purchasing intention. In Study 2, the authors measured the mediating role of perceived novelty and risk perception. In Study 3, they validated the moderating effect of picture and text consistency on the improvement of purchase preference.

Findings

The results reveal that RNP/INP and presentation order (from whole to part/from part to whole) could enhance consumers’ purchase intention and verify the mediating role of perceived novelty and risk perception, based on which a complete internal mechanism model is constructed. The third experiment shows the moderating effect of picture and text consistency on the improvement of purchase preference by matching the category and presentation order of innovative products.

Originality/value

Prior literature on the thinking mode of holistic and partial processing has been mostly applied to the cognitive field of reading and text labeling. In this study, using the holistic (local) processing thinking model and anchoring theory, eye movement experiments and situational experiments, the audience’s analysis framework of information processing mechanism is constructed. The unique phenomenon of product category and overall (local) presentation order coexisting in innovative product advertisement is considered comprehensively.

Details

Journal of Contemporary Marketing Science, vol. 2 no. 3
Type: Research Article
ISSN: 2516-7480

Keywords

Available. Content available
Article
Publication date: 17 August 2012

415

Abstract

Details

Grey Systems: Theory and Application, vol. 2 no. 2
Type: Research Article
ISSN: 2043-9377

Access Restricted. View access options
Article
Publication date: 28 December 2020

Junzhou Yang, Jianjun Wu, Qianwen Zhang, Yinxiang Ren, Han Ruolan and Kaiwei Wang

With the discussion on the linear relationship of determined material parameters, this study aims to propose a new method to analyze the deformation mechanism.

222

Abstract

Purpose

With the discussion on the linear relationship of determined material parameters, this study aims to propose a new method to analyze the deformation mechanism.

Design/methodology/approach

A modified constitutive model based on the hyperbolic sine Arrhenius equation has been established, which is applied to describe the flow behavior of Ti-6Al-4V alloy during the superplastic forming (SPF).

Findings

The modified constitutive model in this work has a good ability to describe the flow behavior for Ti-6Al-4V in SPF. Besides, a deformation map of titanium material is obtained based on the parameters. As the supplement, finite element models of high-temperature tensile tests are carried out as the application of the constitutive model.

Originality/value

The relationship between constitutive model parameters and forming mechanism is established, which is a new angle in rheological behavior research and constitutive model analysis.

Details

Engineering Computations, vol. 38 no. 6
Type: Research Article
ISSN: 0264-4401

Keywords

Access Restricted. View access options
Article
Publication date: 13 September 2024

Jiawei Xu, Baofeng Zhang, Jianjun Lu, Yubing Yu, Haidong Chen and Jie Zhou

The importance of the agri-food supply chain in both food production and distribution has made the issue of its development a critical concern. Based on configuration theory and…

130

Abstract

Purpose

The importance of the agri-food supply chain in both food production and distribution has made the issue of its development a critical concern. Based on configuration theory and congruence theory, this research investigates the complex impact of supply chain concentration on financial growth in agri-food supply chains.

Design/methodology/approach

The cluster analysis and response surface methodology are employed to analyse the data collected from 207 Chinese agri-food companies from 2010 to 2022.

Findings

The results indicate that different combination patterns of supply chain concentration can lead to different levels of financial growth. We discover that congruent supplier and customer concentration is beneficial for companies’ financial growth. This impact is more pronounced when the company is in the agricultural production stage of agri-food supply chains. Post-hoc analysis indicates that there exists an inverted U-shaped relationship between the overall levels of supply chain concentration and financial growth.

Practical implications

Our research uncovers the complex interplay between supply chain base and financial outcomes, thereby revealing significant ramifications for agri-food supply chain managers to optimise their strategies for exceptional financial growth.

Originality/value

This study proposes a combined approach of cluster analysis and response surface analysis for analysing configuration issues in supply chain management.

Details

International Journal of Physical Distribution & Logistics Management, vol. 54 no. 9
Type: Research Article
ISSN: 0960-0035

Keywords

Access Restricted. View access options
Article
Publication date: 1 July 2011

Zhang Zongxin and Zhang Xiao

The purpose of this paper is to explain what information is contained in mutual funds' trading behaviors and to try to further assess the impact on the stock market.

616

Abstract

Purpose

The purpose of this paper is to explain what information is contained in mutual funds' trading behaviors and to try to further assess the impact on the stock market.

Design/methodology/approach

The objective is achieved by an empirical examination using the high‐frequency intraday data. The main methods used for the research are the autoregressive conditional duration model and the UHF‐GARCH model.

Findings

This paper gives an empirical study of mutual funds' behavior on two aspects. The first aspect is the direct impact on micro variables. The results show that mutual funds changing their positions will have different influences to the spread, adding position broadens the spread, while decreasing position makes the spread narrow; behaviors of funds change the clustering characteristic of the duration. The second aspect is the impact on the relationships among micro variables. The results indicate that trading started by liquidity buyers will make volatility larger.

Research limitations/implications

This paper supposes funds as informed traders and individual investors as liquidity traders in China's stock market. If it is not true, some interpretations of empirical results would be wrong. The authors' results may help researchers to understand the information content of funds' trading behaviors in the microstructure aspect.

Originality/value

The paper is an original work, which will be interesting to scholars in market microstructure and to practitioners in the Chinese stock market. The main contributions of the paper are: the use of high‐frequency data to study funds' behaviors and combine the trading duration and investors' trading behavior to analyze the information content of trading behaviors; second, the use of 14 stock samples in the Shanghai Stock Exchange to do the empirical study, which ensures the reliability of the results.

Details

China Finance Review International, vol. 1 no. 3
Type: Research Article
ISSN: 2044-1398

Keywords

Access Restricted. View access options
Article
Publication date: 17 April 2018

Yongxing Guo, Jianjun Fu, Longqi Li and Li Xiong

Centrifugal model tests can accelerate the characterization of landslides and demonstrate the form of slope failure, which is an important measure to research its instability…

226

Abstract

Purpose

Centrifugal model tests can accelerate the characterization of landslides and demonstrate the form of slope failure, which is an important measure to research its instability mechanisms. Simply observing the slope landslide before and after a centrifugal model test cannot reveal the processes involved in real-time deformation. Electromagnetic sensors have severed as an existing method for real-time measurement, however, this approach has significant challenges, including poor signal quality, interference, and complex implementation and wiring schemes. This paper aims to overcome the shortcomings of the existing measurement methods.

Design/methodology/approach

This work uses the advantages of fiber Bragg grating (FBG) sensors with their small form-factor and potential for series multiplexing in a single fiber to demonstrate a monitoring strategy for model centrifugal tests. A slope surface deformation displacement sensor, FBG anchor sensor and FBG anti-slide piling sensor have been designed. These sensors are installed in the slope models, while centrifugal acceleration tests under 100 g are carried out.

Findings

FBG sensors obtain three types of deformation information, demonstrating the feasibility and validity of this measurement strategy.

Originality/value

The experimental results provide important details about instability mechanisms of a slope, which has great significance in research on slope model monitoring techniques and slope stability.

Access Restricted. View access options
Article
Publication date: 10 January 2025

Jianjun Yang, Lei Gu, Kangxin Liu and Cheng Deng

Implementing green innovation is crucial for firms to build or sustain competitive advantages within the context of the sustainable development goals. Academic research has…

41

Abstract

Purpose

Implementing green innovation is crucial for firms to build or sustain competitive advantages within the context of the sustainable development goals. Academic research has broadly explored how firms can induce green innovation behavior (GIB), examining external factors, but few studies in the current literature have deeply investigated unabsorbed slack as an internal antecedent of GIB. Drawing upon the behavioral theory of the firm and integrating it with dynamic capabilities theory, this study aims to address this deficiency by investigating the impact of unabsorbed slack on GIB and the mediating roles of two dimensions of capability reconfiguration: capability evolution and capability substitution in the relationship between unabsorbed slack and GIB. Furthermore, this study also discusses the moderating effects of consumer green pressure on the relationship between unabsorbed slack and capability evolution/substitution.

Design/methodology/approach

Survey data were collected from 286 Chinese technology-intensive manufacturing firms to empirically test the relationships among the variables.

Findings

The results reveal that unabsorbed slack has a positive influence on GIB. Furthermore, capability evolution and substitution both play mediating roles in the relationship between unabsorbed slack and GIB. Comparative analysis showed that the mediating effect of capability substitution is stronger than that of capability evolution. Moreover, consumer green pressure strengthens the positive relationship between unabsorbed slack and capability evolution/substitution.

Originality/value

This study enriches the research on the driving forces of GIB and contributes to providing managerial implications for firms to launch green innovation activities.

Details

Journal of Business & Industrial Marketing, vol. 40 no. 2
Type: Research Article
ISSN: 0885-8624

Keywords

1 – 10 of 24
Per page
102050