Search results

Leadership.

The case is suitable for MBA, Executive level courses.

Yongye Group is a biotechnological enterprise in Inner Mongolia, China. In China, people lack trust in economic transactions due to the transitional state of the economy, especially regarding food safety. To respond to this situation, Wu Zishen, the chairman of the Board of Directors of Yongye Group, was determined to build trust among employees, distributors, farmers, and consumers towards the company. To this end, he started using a creative incentive system with employees and stakeholders: the pay-before-performance incentive system. According to this system, the reward is delivered in advance, contrary to be paid after the fulfillment of the task. This practice is meant to transform employees' work attitude from a passive “being told to work” to a more proactive “I want to work” mentality. When such an incentive system is practiced with customers and external distributors, it sends a message that the company is “treating customers as company employees”, which means that they are trusted as if they were part of the company itself. Wu Zishen also introduced a coherent series of leadership practices that generate a truly proactive culture in the organization.

From this case, students will learn how to create a proactive culture in business organizations and the effect of pay-before-performance on employees' work motivation.

Teaching notes and an exercise for class-based discussion are available.

This paper aims to investigate the impact of debt maturity on the relationship between financial leverage and future financing constraints. Moreover, it attempts to analyze the moderating role of short-term debt and the mediating role of future financing constraints in the relationship between financial leverage and future investment.

To test the moderating role of debt maturity, all the observations are divided into two groups based on short-term debt to total debt ratio. Moreover, Sobel, Aroian and Goodman tests are used to analyze the mediating role of future financing constraints. The sample used in this research includes firms listed on the Tehran Stock Exchange from 2006 to 2018.

It is shown that financial leverage is inversely (positively) related to future financing constraints for firms with higher (lower) use of short-term debt and, short-term debt moderates the relation between financial leverage and future investment. The findings also indicate that future financing constraints carry the influence of financial leverage to future investment.

In an imperfect market where financing is not independent of investment, it is highly required to carry out some studies on the role of different financing scenarios in firms and their impacts on future financing and investment; therefore, this paper is conducted to address one of the most important issues in the capital market, which is almost the pioneer study in this field.

The purpose of this study is to examine the implementation of human resource management (HRM) practices that facilitate innovation in the public sector in a developing country.

Qualitative method was engaged whereby a semi-structured interview was conducted to get the responses of two groups of employees which are top management and executive in two types of public organizations which are awarded and non-awarded. The collected data was later analyzed thematically.

The results show that there are differences and similarities among the public agencies in terms of their implementation of HRM practices that facilitate innovation. Apparently, the awarded public agencies do follow HRM practices that really facilitate innovation such as local training, provide more types of rewards to their employees and set a higher minimum level of innovation in their performance evaluation.

This research confines only 10 public agencies in Malaysia. Future studies might want to include a larger sample size to make the findings more extensive. It also would be interesting to know different approaches in HRM implemented in the private organizations as well as to examine their influences on performance and other organizational factors.

Good and fair HRM practices such as training, reward and performance appraisal practices that focus on innovation facilitate and produce more innovative employees and organization innovation. Thus, public managers should implement them to a higher extent.

To the best of the authors’ knowledge, this is the first study that aims to engage the qualitative method in understanding how HRM practices can facilitate innovation in a developing country.

The purpose of this paper is to investigate the relation between debt structure and future external financing and investment. Furthermore, it aims to analyze the association between debt structure and future financial performance.

Volume, maturity, possessing collateral and having priority at the settlement date are the dimensions of debt structure that have been employed in this paper. The sample consists of 1,060 firm-year observations from Tehran Stock Exchange corporations during the period 2009–2018.

The findings reveal that greater reliance on financial leverage (debt volume) and short-term debt are associated with increases in future debt financing as well as future equity financing. Moreover, these two dimensions of debt structure are positively related to future investment. This paper also shows that the positive impact of financial leverage and short-term debt on future financing and investment can finally lead to a favorable financial performance. Regarding other dimensions of debt structure, the results suggest that although collateralized debt with the priority option at the settlement date enhances future external financing, this type of debt can ultimately lead to a reduction in future investment and financial performance. Finally, the findings indicate that uncollateralized debt exacerbates future financial performance.

Financial performance can be affected by several factors, including available funds, investment amount, investment efficiency and managerial capability. However, this paper only considers the investment amount and external financing as the channels through which debt structure improves future financial performance. This study has the potential to contribute to one of the most important issues in finance and business fields, despite its probable trivial drawbacks.

Financing strategies as one of the most controversial topics have been meticulously scrutinized in this paper and practical implications are made to facilitate the process of decision-making regarding the optimal type of debt financing.

This study extends the literature by analyzing the direct link between debt structure and firm performance in firms domiciled in developing markets.

The purpose of this study is to improve the performance of sodium borohydride in reducing indigo at room temperature, the divalent copper ion complex was combined with electrochemical technology for the reduction of indigo by sodium borohydride.

According to the K/S value of the dyed cloth sample, find a more suitable ligand for the copper ion in the catholyte. Response surface analysis tests were performed to evaluate the effects of sodium borohydride concentration, sodium hydroxide concentration and copper sulfate pentahydrate concentration on the reduction potential of the dye solution and the K/S value of the dyed fabric samples.

Sodium gluconate was found to be a more suitable ligand for copper ions in catholyte. The effects of NaOH concentration as well as the interaction of NaBH₄ and NaOH on the reduction potential of the catholyte and the K/S value of the dyed fabric samples were extremely significant. The optimal concentrations of NaBH₄, NaOH and CuSO₄•5H₂O were 0.5, 2.5 and 0.65 g/L. In the case of the optimized condition, the absolute value of the reduction potential was 968, and the K/S value was 11.92, which is comparable with that of the conventional reduction process with sodium dithionite.

The divalent copper ion complex combined with electrochemical technology was applied in the process of reducing indigo with NaBH₄ at room temperature.

Indirect electrochemical oxidation and electro-flocculation were combined to degrade indigo wastewater.

The degradation efficiency of indigo wastewater in single-cell and double-cell were investigated. Based on the previous single factor experiments, the oxidative degradation conditions of indigo wastewater in single cell were optimized by response surface methodology (RSM). The decolorization rate, chemical oxygen demand (COD) removal rate, the contents of flocculation precipitation and indigo were measured and analyzed.

The degradation efficiency in single cell was higher than in double cell. The electrolysis conditions were optimized by RSM and the decolorization rate was 99.01% with COD removal rate of 60.34% and conductivity of 89.75 mS/cm. The amount of flocculated precipitation decreased by 53.33% and the indigo increased by 86.34%. The content of Na and S decreased by 12.13 and 6.49%, respectively. The ratio of Fe3+ to Fe2+ in the solution was 4.62:1, indicating that most of the iron dropped on the electrode sheet was converted to Fe3+.

The one-step electrochemical oxidation and flocculation method with the advantages of simple operation and environmental protection, provided a reference for the actual treatment of dyeing wastewater.

Combining the electrochemical flocculation and oxidation provided an efficient and practical solution for degradation of indigo wastewater.

Combining the advantages of electrochemical oxidation and electroflocculation, the application of electrochemistry in printing and dyeing wastewater treatment technology has been expanded.

The purpose is to develop search and detection strategies that maximize the probability of detection of mine-like objects.

The author have developed a methodology that incorporates variational calculus, number theory and algebra to derive a globally optimal strategy that maximizes the expected probability of detection.

The author found a set of look angles that globally maximize the probability of detection for a general class of mirror symmetric targets.

The optimal strategies only maximize the probability of detection and not the probability of identification.

In the context of a search and detection operation, there is only a limited time to find the target before life is lost; hence, improving the chance of detection will in real terms be translated into the difference between success or failure, life or death. This rich field of study can be applied to mine countermeasure operations to make sure that the areas of operations are free of mines so that naval operations can be conducted safely.

There are two novel elements in this paper. First, the author determine the set of globally optimal look angles that maximize the probability of detection. Second, the author introduce the phenomenon of concordance between sensor images.

The widespread uptake of digital technology tools for online teaching and learning reached its peak during the nationwide lockdown triggered by the COVID-19 pandemic. It transformed the higher education institutions (HEIs) marketplace both in developed and developing countries. However, in this process of digital transformation, several HEIs, specifically from developing countries, faced major challenges. That threatened to affect their sustainability and performance. In this vein, this study conducts a bibliometric review to map the challenges during the COVID-19 pandemic and suggest strategies for HEIs to cope with post-pandemic situations in the future.

This comprehensive review encompasses 343 papers published between 2020 and 2023, employing a systematic approach that combines bibliometrics and content analysis to thoroughly evaluate the articles.

The investigation revealed a lack of published work addressing the specific challenges faced by the faculty members affecting their well-being. The study underscores the importance of e-learning technology adoption for higher education sustainability by compelling both students and teachers to rely heavily on social media platforms to maintain social presence and facilitate remote learning. The reduced interpersonal interaction during the pandemic has had negative consequences for academic engagement and professional advancement for both educators and students.

This has implications for policymakers and the management of HEIs, as it may prove useful in reenvisioning and redesigning future curricula. The paper concludes by developing a sustainable learning framework using a blended approach. Additionally, we also provide directions for future research to scholars.

This study has implications for policymakers and HEI management to rethink the delivery of future courses with a focus on education and institute sustainability. Finally, the research also proposes a hybrid learning framework for sustainability and forms a robust foundation for scholars in future research.

Prolonged closure of educational institutions prompted authorities to adopt online teaching as an alternative method to impart education. The purpose of this study is to investigate the readiness on the part of teachers to switch/adopt online teaching as a part of their pedagogy. Also, this study analyses relationship between perceived stress (PS) and readiness to change (RTC)/adopt.

All the constructs were adapted from established scales, exploratory factor analysis confirmed item loadings on the appropriate constructs. Convenience sampling was used for data collection; owing to COVID-19 this appeared to be the only viable method. Partial least square structural equation modelling was used for analysis of data.

Results from this study indicate that 32.2% variance in RTC is accounted for by exogenous constructs perceived usefulness, perceived ease of use and autonomy (AUT). Although f2 effect size pointed towards non-significance of AUT in predicting RTC (path coefficients were found to be significant for all the exogenous constructs). Also, RTC accounted for 32.6% variance in PS. To assess the predictive relevance of the model, blindfolding procedure was used to obtain Q2 values (Q2PS = 0.231; Q2RTC = 0.243). Positive Q2 values provide support for the model’s predictive relevance.

Data were collected from teachers employed in urban public schools. A complete picture can be obtained by involving teachers from rural public and state-run schools.

Teachers’ readiness to adopt online teaching as a part of their pedagogy may act as a starting point for the policymakers to design properly structured training programs for teachers that minimise stress levels.

If not handled properly, the society may end with either loss of learning to one generation or a major chunk of stressed-out teaching populations or both.

To the best of the author’s knowledge, this study is probably the first one focusing on sudden shift to online teaching and PS.

This research explores the impact of trust in online information, parasocial interaction, online flow experience, sharing fake news and corporate credibility on companies’ resilience to negative information.

A conceptual research model was developed, employing the flow theory to fill gaps in the literature. A cross-sectional national online survey was conducted among 1,550 respondents aged 16–74 in an emerging market, utilizing a quantitative-based approach; the data were then analyzed using structural equation modeling.

Trust in online information and parasocial interactions was found to impact the online flow experience, with parasocial interaction positively affecting it optimally. The sharing of fake news is affected by parasocial interaction and the online flow experience, which in turn affects corporate credibility.

Corporate credibility is shown to be an antecedent of resilience to negative information and word-of-mouth communication in companies, the former having a direct influence on the latter. The study hence has significant theoretical and managerial implications for communication and marketing.