Kenneth Wilburn Green, Lisa C. Toms and James Clark
This study aims to assess the impact of an established market orientation on the implementation of green supply chain practices and environmental performance.
Abstract
Purpose
This study aims to assess the impact of an established market orientation on the implementation of green supply chain practices and environmental performance.
Design/methodology/approach
Data collected from 225 manufacturing managers are analyzed using a partial least squares structural equation modeling methodology.
Findings
Findings indicate that market orientation both directly and indirectly (through green supply chain management practices) impacts environmental performance.
Research limitations/implications
The study focuses on the impact of a market orientation on environmental sustainability within the manufacturing sector, thereby limiting generalization to other sectors.
Practical implications
Manufacturing practitioners are provided with information emphasizing the importance of implementing and maintaining a strong market orientation as a precursor to establishing an environmental sustainability strategy.
Social implications
The results have important societal implications, in that a marketing approach that leads to the more rapid adoption of environmental sustainability programs within the manufacturing sector is identified.
Originality/value
This is believed to be the first empirical investigation of the relationship between market orientation and environmental sustainability.
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Lisa Hansson, Claus Hedegaard Sørensen and Tom Rye
A general global wave of public participation is occurring. Students and researchers as well as civil servants, policy-makers, and NGO representatives are encouraged to study…
Abstract
A general global wave of public participation is occurring. Students and researchers as well as civil servants, policy-makers, and NGO representatives are encouraged to study, propose, and engage in public participation. New innovative forms of participation are suggested, and experiments in participation are ongoing locally and nationally. Within the transport sector, most studies of participation focus on road infrastructure and other land use changes. However, for other areas within transport, studies are limited and fragmented. Based on this, we see a need for a volume on public participation in transport, aimed at practitioners, students, and researchers, in what are unarguably times of change. The overall aim of the volume is to provide examples of different forms of public participation in transport, which can work as a setting for further analyses and discussions of public participation in transport. Drawing on different cases, eight empirical chapters are presented covering three main themes: grass-roots participation initiatives, participation in unconventional areas, and public participation that throws up unexpected results. In this introductory chapter, we set the scene for later discussions and analyses of public participation in transport. This chapter also provides an overview of the structure and content of the volume.
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Jeramy Meacham, Lisa Toms, Kenneth W. Green and Vikram S. Bhadauria
This paper aims to theorize and assess a structural model that depicts the impact of an organization's capability to share information with supply chain partners through a focused…
Abstract
Purpose
This paper aims to theorize and assess a structural model that depicts the impact of an organization's capability to share information with supply chain partners through a focused green information system for the purpose of improving environmental performance.
Design/methodology/approach
Data were collected from 159 manufacturing managers and analyzed using a structural equation modeling methodology.
Findings
The general capability to share information with supply chain partners coupled with the specific capabilities of green information systems enhances environmental performance. Green information systems serve as a partial mediator to the relationship between supply chain information sharing and environmental performance.
Research limitations/implications
While environmental sustainability has implications for all categories of supply chain partners, the study sample focuses on the manufacturing sector only.
Practical implications
Evidence supports the need for manufacturers to develop information sharing and green information system capabilities to improve environmental performance.
Originality/value
This is one of the first studies to empirically assess the role of information systems in achieving environmental sustainability. The results of this investigation support the proposition that information sharing among supply chain partners is a key to achieving environmental sustainability.
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James W. Clark, Lisa C. Toms and Kenneth W. Green
The theoretical framework for market-oriented sustainability developed by Crittenden, Crittenden, Ferrell, Ferrell, and Pinney, in which the relationship between organizational…
Abstract
Purpose
The theoretical framework for market-oriented sustainability developed by Crittenden, Crittenden, Ferrell, Ferrell, and Pinney, in which the relationship between organizational culture and performance management is theorized as moderated by stakeholder involvement, is empirically assessed. The paper aims to discuss these issues.
Design/methodology/approach
Crittenden et al. model is operationalized using market orientation to represent organizational culture and climate, logistics performance to represent performance management, and green purchasing to represent the moderator stakeholder involvement in sustainability. The model is assessed using data collected from a sample of 257 manufacturing managers working for US manufacturing plants. A partial least squares structural equation modeling approach is used to statistically assess for measurement scale validity and reliability and the moderated model.
Findings
The results support the conceptual framework for market-oriented sustainability theorized by Crittenden et al. Organization culture in the form of market orientation interacts with stakeholder involvement in sustainability in the form of green purchasing to enhance performance monitoring in the form of logistics performance.
Research limitations/implications
This study is one of the first to empirically assess the market-oriented sustainability model. Only one set of potential constructs (market orientation, green purchasing, and logistics performance) is used to test the overall model thus limiting the generalization of the results.
Practical implications
The results indicate that manufacturing managers should work to establish and improve market orientation as a direct way of making their plants and organizations environmentally sustainable and that manufacturing managers interact with supply chain partners, specifically suppliers, to satisfy customer demands for eco-friendly products and services.
Originality/value
This is one of the first studies to empirically assess the general form of the market-oriented sustainability model.
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Before starting to trace the development of PRECIS to its theoretical beginnings I shall describe the system briefly in its present form. This will serve not only as an…
Abstract
Before starting to trace the development of PRECIS to its theoretical beginnings I shall describe the system briefly in its present form. This will serve not only as an introduction for those who are not familiar with the system, but will also help to explain the relevance of some of the historical sections which follow, in which we shall see how a machine‐produced alphabetical indexing system, based on a syntax derived from a study of natural language, developed out of research into principles for a new general classification.
The purpose of this summary is to provide excerpts of selected Financial Industry Regulatory Authority (FINRA) regulatory notices and disciplinary actions issued in July and…
Abstract
Purpose
The purpose of this summary is to provide excerpts of selected Financial Industry Regulatory Authority (FINRA) regulatory notices and disciplinary actions issued in July and August 2009 and a sample of disciplinary actions during that period.
Design/methodology/approach
The paper provides excerpts from FINRA Regulatory Notice 09‐42, Variable Life Settlement Transactions; 09‐49, Conflicts of Interest; 09‐52, Trade Reporting; and 09‐53, Non‐traditional ETFs.
Findings
(09‐42) FINRA is concerned about variable life settlements because they involved materially different factors and raise materially different issues than more widely held securities such as stocks or bonds. (09‐49) Rule 2720 prohibits a member firm with a conflict of interest from participating in a public offering, unless the nature of the conflict is prominently disclosed and certain other specific requirements are met. (09‐52) Effective January 11, 2010, firms that execute OTC trades in equity securities during the hours that a FINRA trade reporting facility is closed must report the trade within 15 minutes of the opening of the facility. (09‐53) Effective December 1, 2009, FINRA is implementing increased customer margin requirements for leveraged ETFs and uncovered options overlaying leveraged ETFs.
Originality/value
These are direct excerpts designed to provide a useful digest for the reader and an indication of regulatory trends. The FINRA staff are aware of this summary but have neither reviewed, nor edited it. For further detail as well as other useful information, the reader should visit www.finra.org.
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Julie L. Hotchkiss and Anil Rupasingha
The purpose of this chapter is to assess the importance of individual social capital characteristics in determining wages, both directly through their valuation by employers and…
Abstract
The purpose of this chapter is to assess the importance of individual social capital characteristics in determining wages, both directly through their valuation by employers and indirectly through their impact on individual occupational choice. We find that a person’s level of sociability and care for others works through both channels to explain wage differences between social and nonsocial occupations. Additionally, expected wages in each occupation type are found to be at least as important as a person’s level of social capital in choosing a social occupation. We make use of restricted 2000 Decennial Census and 2000 Social Capital Community Benchmark Survey.
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Fashion retailer Jaeger is an award winner for customer service. Looks at the background of the company, how that led up to a focus on customer satisfaction, and the efforts �…
Abstract
Fashion retailer Jaeger is an award winner for customer service. Looks at the background of the company, how that led up to a focus on customer satisfaction, and the efforts ‐ including customer profile cards, local marketing, communications programmes, and more ‐ that were made to get to know the customers and their needs and wants better. Finally addresses the issue of “defectors” (former customers) and how the company set about trying to recapture this group. Ends with a number of lessons the company learned.
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The purpose of this paper is to provide selected Financial Industry Regulatory Authority (FINRA) Regulatory Notices and Disciplinary Actions issued in June, July, and August 2012.
Abstract
Purpose
The purpose of this paper is to provide selected Financial Industry Regulatory Authority (FINRA) Regulatory Notices and Disciplinary Actions issued in June, July, and August 2012.
Design/methodology/approach
The paper provides FINRA Regulatory Notice 12‐40, SEC Approves New FINRA Rule 5123 Regarding Private Placements of Securities; Regulatory Notice 12‐44, SEC Approves Amendments to FINRA Rule 4210 (Margin Requirements); Regulatory Notice 12‐55, Guidance on FINRA's Suitability Rule; and Regulatory Notice 13‐13, Trading and Quotation Halts in OTC Equity Securities; Trade Reporting Notice of April 17, 2013: Reduction of Reporting Times for Agency Pass‐Through Mortgage‐Backed Securities Traded TBA.
Findings
Notice 12‐40: FINRA Rule 5123 is part of a multi‐pronged approach to enhance oversight and investor protection in private placements; the rule will provide FINRA with more timely and complete information about the private placement activities of firms on behalf of other issuers. Notice 12‐44: The SEC approved amendments to FINRA Rule 4210 (Margin Requirements) related to option spread strategies, maintenance margin requirements for non‐margin eligible equity securities, free‐riding, “exempt accounts” and stress testing in portfolio margin accounts. Notice 12‐55: This Notice addresses two issues discussed in Regulatory Notice 12‐25: the scope of the terms “customer” and “investment strategy.” Notice 12‐25 provided guidance in a “frequently asked questions” format in FINRA Rule 2111 (Suitability). Notice 13‐13: The SEC approved amendments to FINRA Rule 6440, which provides authority for FINRA to initiate trading and quotation halts in OTC equity securities in circumstances where it is necessary to protect investors and the public; the rule provides authority to impose foreign regulatory halts, derivative halts and extraordinary event halts. Trade Reporting Notice of April 17, 2013: FINRA reminds firms of the coming reduction in reporting periods for the timely reporting of transactions in agency pass‐through mortgage‐backed securities traded TBA (to be announced) for good delivery and products not traded for good delivery.
Originality/value
These FINRA notices are selected to provide a useful indication of regulatory trends.