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1 – 10 of 36Abstract
Purpose
This paper aims to investigate the impact of China’s Green Credit Guidelines (GCG) policy on the environmental, social and governance (ESG) scores of restricted enterprises and examine firm’s speculative behavior in response to the policy.
Design/methodology/approach
This paper views the GCG policy proposed in 2012 as a quasinatural experiment and uses difference-in-differences (DID) model to evaluate its influence on the ESG scores of Chinese nonfinancial A-share listed enterprises from 2007 to 2019. Robustness tests include the propensity score matching (PSM)–DID method and permutation tests.
Findings
The GCG policy significantly increases the ESG scores of restricted enterprises, particularly enhancing environmental (E) performance. However, it only improves the social (S) and governance (G) performance of firms heavily reliant on bank credit, indicating speculative behavior by enterprises. Increased Government attention, a higher proportion of female executives and more developed local green finance reduce speculative behavior, while executives with financial backgrounds promote it.
Practical implications
Governments should mandate standardized ESG reporting and monitor restricted enterprises, banks should monitor speculative behavior and firms should integrate ESG into their long-term strategies to support sustainable development.
Social implications
The results provide evidence of the effectiveness of implementing the GCG policy in China and offer guidance for better promoting green credit policy in developing countries, contributing to the transition toward a more sustainable future.
Originality/value
To the best of the authors’ knowledge, this paper is the first to explore if the GCG policy’s asymmetric effects on ESG components are due to enterprise speculative behavior and examines the factors influencing this behavior, providing insights for regulators to better implement the GCG policy to promote sustainable development.
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Keywords
Lihua Fu, Yaxuan Wei, Ruijie Li, Yaokuang Li and Zhiying Liu
For survival and prosperity, enterprises need to simultaneously engage in exploitation and exploration. Digital transformation is of great significance to enterprise innovation…
Abstract
Purpose
For survival and prosperity, enterprises need to simultaneously engage in exploitation and exploration. Digital transformation is of great significance to enterprise innovation. However, the impacts of digital transformation on exploitation and exploration remain unclear. Moreover, the impacts of technological diversity on the relationships between digital transformation and exploitation and exploration are also unknown.
Design/methodology/approach
Based on an integrated perspective of dynamic capability theory and organizational inertia theory and using data from Chinese listed enterprises from 2007 to 2020, this study clarifies the effects of digital transformation on exploitation and exploration and assesses the moderating effect of technological diversity.
Findings
The results show that digital transformation improves exploitation, but negatively impacts exploration. Technological diversity mitigates the negative effect of digital transformation on exploration, but the moderating effect on the relationship between digital transformation and exploitation is not significant.
Originality/value
This study contributes to the existing literature on the digital paradox and provides guidance for enterprises to clarify the direction of digital transformation.
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Yu Jia, Shuang Gao, Lihua Gao, Jie Gao and Tao Wang
The motivation of value co-creation among the multi-actor in sharing economy was an important topic in interactive marketing communication research. This study investigated how…
Abstract
Purpose
The motivation of value co-creation among the multi-actor in sharing economy was an important topic in interactive marketing communication research. This study investigated how customer gratitude expression leads to value co-creation of PSPs in the sharing economy, and also investigates the moderating effect of platform benevolent climate.
Design/methodology/approach
A three-wave field survey (Study 1) and two experiments (Studies 2 and 3) were given to respondents with sharing economy practitioners.
Findings
First, customer gratitude expression positively influenced PSP's perceived meaningful work, which in turn enhanced their value co-creation intention. Second, PSP's perceived platform benevolent climate moderated the relationship between customer gratitude expression and PSP's perceived meaningful work.
Originality/value
Prior research discussed PSPs' value co-creation intention mainly from the perspective of platforms and PSPs, but few considered customer-PSP interaction perspective. This study revealed how customer gratitude expression influences PSP's value co-creation intention in highly interactive digital business context, examined the boundary condition of gratitude expression, and extended the application scenarios of social information processing theory.
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Suqin Liao, Zhiying Liu, Lihua Fu and Peichi Ye
The purpose of this paper is to examine whether the new distributed leadership patterns is an important driver for innovating business model. By synthesizing insights from the…
Abstract
Purpose
The purpose of this paper is to examine whether the new distributed leadership patterns is an important driver for innovating business model. By synthesizing insights from the dynamic capabilities perspective, it also explores how and when distributed leadership enhances the business model innovation (BMI) by involving strategic flexibility as a mediator and environmental dynamism as important contingency.
Design/methodology/approach
A survey via questionnaire was conducted with 262 CEOs and 262 senior managers from Chinese high-tech companies that provided the research data. Structural equation modeling and linear regression analyses were used to test the time-lagged data, and then the main research questions were responded to.
Findings
The analysis reveals that distributed leadership has a significant direct influence on BMI, and that distributed leadership also indirectly affects BMI by enhancing strategic flexibility. Environmental dynamism strengthens the positive effect of distributed leadership on BMI under strategic flexibility.
Originality/value
This paper advances and enriches the emerging stream of BMI research. It presents an innovative conceptual analysis of the antecedents of BMI, and it shows a possible solution for BMI that complements extant research that considers which and how the leadership style of the organizations affects the business model change.
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Jing Guo, Qinling Huang, Zhaoqian Gu, Xiaowei Yu, Xie Gao and Lihua Tang
This paper aims to analyze the effectiveness of the subject librarian literacy training and put forward suggestions for the improvement of the subject librarian literacy training…
Abstract
Purpose
This paper aims to analyze the effectiveness of the subject librarian literacy training and put forward suggestions for the improvement of the subject librarian literacy training based on the satisfaction degree survey for the CALIS III Subject Librarian Literacy Training.
Design/methodology/approach
On the basis of the satisfaction degree survey for the CALIS III Subject Librarian Literacy Training, this paper elaborates on the design of the survey, analyzes effectiveness of the training according to the survey results, and further advances suggestions for the enhancement of the subject librarian literacy training.
Findings
As an essential part of the library user service, subject services are highly demanding of subject librarians' literacy and capabilities. The subject librarians should thus own great abilities to be qualified for the innovative subject service work. Although the CALIS III Librarian Literacy Training and Qualification Certification Program, a vital executive program, has made great achievements, the training still needs to be further improved concerning the schedules, teaching atmosphere, training forms, training content, etc., to enhance the subject librarians' ability, raise the service standards and promote the fast and sound development of librarianship in China.
Originality/value
This paper offers detailed information on how to design a satisfaction degree survey for the subject librarian literacy training, analyzes the effectiveness of the librarian literacy training, and finally makes suggestions for the enhancement of the subject librarian literacy training.
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Keywords
Lihua Lu, Hengzhen Zhang and Xiao-Zhi Gao
Data integration is to combine data residing at different sources and to provide the users with a unified interface of these data. An important issue on data integration is the…
Abstract
Purpose
Data integration is to combine data residing at different sources and to provide the users with a unified interface of these data. An important issue on data integration is the existence of conflicts among the different data sources. Data sources may conflict with each other at data level, which is defined as data inconsistency. The purpose of this paper is to aim at this problem and propose a solution for data inconsistency in data integration.
Design/methodology/approach
A relational data model extended with data source quality criteria is first defined. Then based on the proposed data model, a data inconsistency solution strategy is provided. To accomplish the strategy, fuzzy multi-attribute decision-making (MADM) approach based on data source quality criteria is applied to obtain the results. Finally, users feedbacks strategies are proposed to optimize the result of fuzzy MADM approach as the final data inconsistent solution.
Findings
To evaluate the proposed method, the data obtained from the sensors are extracted. Some experiments are designed and performed to explain the effectiveness of the proposed strategy. The results substantiate that the solution has a better performance than the other methods on correctness, time cost and stability indicators.
Practical implications
Since the inconsistent data collected from the sensors are pervasive, the proposed method can solve this problem and correct the wrong choice to some extent.
Originality/value
In this paper, for the first time the authors study the effect of users feedbacks on integration results aiming at the inconsistent data.
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Keywords
Lihua Gong, Qing Xing and Huihuang Wang
The purpose of this paper is to investigate the effect of welding procedure on the corrosion behaviors of weathering steel 09CuPCrNi in marine atmospheric environment. The…
Abstract
Purpose
The purpose of this paper is to investigate the effect of welding procedure on the corrosion behaviors of weathering steel 09CuPCrNi in marine atmospheric environment. The corrosion processes of weathering steel 09CuPCrNi and its welded joints in marine atmospheric environment were simulated by a salt spray dry-wet test.
Design/methodology/approach
The corrosion behaviors of the base metal and the welded joints at corrosion times of 2, 4, 8, 12, 24 weeks were investigated by weight loss test, electrochemical techniques, scanning electron microscope (SEM) and electron probe micro-analyzer (EPMA). The corrosion rates, as well as the morphologies and electrochemical characteristics of corrosion products, the distribution of major alloying elements in rust layer were obtained. The influence of welding on the atmospheric corrosion of 09CuPCrNi was studied.
Findings
The results indicate that the corrosion rate of the 09CuPCrNi welded joints decreases gradually with the corrosion time, and the major alloying elements are enriched in the inner rust layer, which are similar to that of the base metal. In the early stage during the corrosion process, the welded joints with inhomogeneous structure show the poorer corrosion resistance than that of the base metal. However, it looks the opposite way around in the late corrosion stage, when the uniform corrosion products with even thickness of the base metal tend to detach from the substrate easier and earlier and resulting in cracks, which increase the corrosion rate comparatively with that of the welded joints.
Originality/value
09CuPCrNi low alloy steel is a kind of typical weathering steel developed in China which is similar to Corten A developed by USA. Nowadays, 09CuPCrNi low alloy steel is widely adopted in many fields which require welding processes. In the past years, the research of weathering steel welded joints was mainly concentrated on the strength, toughness and weldability. Less work has been done to investigate the difference of corrosion evolution and characteristics between the base metal and its welded joints. Thus, the main objective of the present work was to analyze the influence of welding on the atmospheric corrosion.
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Lin Xiao, Ting Pan, Jian Mou and Lihua Huang
The purpose of this paper is to build a comprehensive structural model to demonstrate the interrelationships of factors influencing social networking service (SNS) fatigue and to…
Abstract
Purpose
The purpose of this paper is to build a comprehensive structural model to demonstrate the interrelationships of factors influencing social networking service (SNS) fatigue and to identify the varying degrees of influence.
Design/methodology/approach
A total of 14 factors influencing SNS fatigue are identified through an extensive literature review. Interpretive structural modeling (ISM) and Matrice d'Impacts Croisés Multiplication Appliqué à un Classement (MICMAC) analysis are employed to build a hierarchical model and classify these factors into four clusters.
Findings
The results revealed that ubiquitous connectivity and immediacy of feedback are key factors contributing to SNS fatigue through their strong influence on other factors. Privacy concern, impression management concern and work–life conflict lead directly to SNS fatigue. In contrast, system feature overload and system pace of change are relatively insignificant in generating SNS fatigue.
Originality/value
This study represents an initial step toward comprehensively understanding the interrelationships among the factors leading to SNS fatigue and reveals how determinants of SNS fatigue are hierarchically organized, thus extending existing research on SNS fatigue. It also provides logical consistency in the ISM-based model for SNS fatigue by grouping identified factors into dependent and independent categories. Moreover, it extends the applicability of the integration of the ISM and MICMAC approaches to the phenomenon of SNS fatigue.
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Keywords
Bo Hu, Heng Zhou, Yubao Gui, Peng Zhai, Lihua Zhang and Zhiyan Dong
This paper aims to design a novel hybrid terrestrial-aerial robot, FlyingDog, including its modeling and implementation. By combining the complementary advantages of a quadrotor…
Abstract
Purpose
This paper aims to design a novel hybrid terrestrial-aerial robot, FlyingDog, including its modeling and implementation. By combining the complementary advantages of a quadrotor drone and a quadruped robot, FlyingDog demonstrates excellent maneuverability and high energy efficiency, showcasing great potential for applications in industrial inspection, field exploration, and search and rescue operations.
Design/methodology/approach
By integrating propellers and leg mechanisms, FlyingDog achieves hybrid motion, encompassing both aerial flight and ground movement. This paper first provides an overview of the robot’s structural design, emphasizing the minimization of interactions between the aerial and ground mechanisms while balancing the thrust-to-weight ratio and payload capacity. A distributed control framework is then proposed to achieve the hybrid motion, alongside the development of corresponding control strategies to ensure stability during various movements.
Findings
Experiments conducted in real-world conditions validated FlyingDog’s performance in terms of motion stability, energy efficiency, and obstacle-crossing ability. The results demonstrate that FlyingDog exhibits outstanding mobility by combining ground locomotion with aerial flight capabilities, allowing it to overcome challenging obstacles in purely ground-based mode. In ground mode, the robot achieved an energy efficiency of up to 93.5%.
Originality/value
The hybrid terrestrial-aerial robot presented in this paper features stable land and aerial mobility, a lightweight structure, high energy efficiency, and low manufacturing costs, making it a valuable innovation in the field of robotics.
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Keywords
Lihua Chen, Yi Lu and Rui Zhao
The purpose of this paper is make a significant contribution to the supply chain knowledge system through research on modern supply chain system in China, providing guidance for…
Abstract
Purpose
The purpose of this paper is make a significant contribution to the supply chain knowledge system through research on modern supply chain system in China, providing guidance for theoretical research such as methodology of dynamic resource allocation and application of innovative small- and middle-sized service system in the supply chain.
Design/methodology/approach
The paper uses structural analysis of Chinese competitive advantage, and it applies comparative analysis of supply chain models in China, the USA and Japan through the factor disintegration of trading environment.
Findings
China’s supply chain model has virtual scale and virtual capabilities. The relationship with suppliers is more dynamic. The requirements for resolving uncertainty are higher. Business transfer is more frequent.
Research limitations/implications
Researchers are encouraged to propose the specific supply chain models in China further with the game theory, auction theory, etc.
Practical implications
It provides advice for government policy making and gives Chinese enterprises guidance to improve operation management.
Originality/value
This paper specifically analyzes characteristics of China supply chain and gives enlightenment for supply chain innovation.
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