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1 – 10 of over 9000Heyong Wang, Long Gu and Ming Hong
This paper aims to provide a reference for the development of digital transformation from the perspective of manufacturing process links.
Abstract
Purpose
This paper aims to provide a reference for the development of digital transformation from the perspective of manufacturing process links.
Design/methodology/approach
This paper applies canonical correlation analysis based on digital technology patents in the key links of manufacturing industries (product design, procurement, product manufacturing, warehousing and transportation, and wholesale and retail) and the related indicators of economic benefits of regions in China.
Findings
(1) The degree of digitalization of manufacturing process links is significantly correlated with economic benefits. (2) The improvement of the degree of digitalization in the “product design” link, the “warehousing and transportation” link, the “product manufacturing” link and the “wholesale and retail” link has significant impacts on the economic benefits of manufacturing industry. (3) The digital degree of the “procurement” link has no obvious influence on the economic benefits of manufacturing industry.
Practical implications
The research results can provide reference for the formulation and implementation of micro policies. The strategy of improving the level of digital transformation of key links of manufacturing industry is put forward to better promote both the digital transformation of manufacturing industry and economic development.
Originality/value
This paper innovatively studies the relationship between digitalization of manufacturing process links and economic benefits. The findings can provide theoretical and empirical support for the digital transformation of China's manufacturing industry and high-quality development of economy.
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Man has been seeking an ideal existence for a very long time. In this existence, justice, love, and peace are no longer words, but actual experiences. How ever, with the American…
Abstract
Man has been seeking an ideal existence for a very long time. In this existence, justice, love, and peace are no longer words, but actual experiences. How ever, with the American preemptive invasion and occupation of Afghanistan and Iraq and the subsequent prisoner abuse, such an existence seems to be farther and farther away from reality. The purpose of this work is to stop this dangerous trend by promoting justice, love, and peace through a change of the paradigm that is inconsistent with justice, love, and peace. The strong paradigm that created the strong nation like the U.S. and the strong man like George W. Bush have been the culprit, rather than the contributor, of the above three universal ideals. Thus, rather than justice, love, and peace, the strong paradigm resulted in in justice, hatred, and violence. In order to remove these three and related evils, what the world needs in the beginning of the third millenium is the weak paradigm. Through the acceptance of the latter paradigm, the golden mean or middle paradigm can be formulated, which is a synergy of the weak and the strong paradigm. In order to understand properly the meaning of these paradigms, however, some digression appears necessary.
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The much debated topic of economic regulation and deregulation in the perspectives of market transformation that is now gripping the global politico‐economic climate, is studied…
Abstract
The much debated topic of economic regulation and deregulation in the perspectives of market transformation that is now gripping the global politico‐economic climate, is studied with the Islamic focus in it. In the attempt, comparative ideas in this area are taken up, particularly those propounded by Baumol with regards to regulation of firms to generate a semblance of competitive pricing. The Islamic firm is studied in reference to a knowledge‐based model of unification as complementarity among possibilities. Such a model is shown to be the crux of Shari'ah in the Islamic political economy as in the broadest sense of the socio‐scientific order, where process‐oriented as opposed to optimal models of equilibrium, apply. In reference to such a knowledge‐centered epistemological model of Divine Unity (Tawhid), it is argued that all kinds of regulation become redundant in the case of the Islamic firm. Such is a firm that complies with Shari'ah rules in the Islamic political economy. Here the socio‐economic transformation is guided towards realizing ethicized markets. The short‐run and long‐run cases are studied with regards to the problem of regulation. What is the nature of regulation for a modern Islamic firm in the face of a global market transformation process that is on? The answer to this question is to be sought first from the viewpoint of Islamic Law (Shari'ah) concerning economic regulation and the nature of goods, transactions, instruments and exchange in the market process. Secondly, the question of validity of some of the present days regulatory practices must be investigated. In this paper the above two points will be the focus of study.
This study explores the response of consumer confidence in policy uncertainty in the Japanese context. The study also considers the dynamism of stock market behavior and financial…
Abstract
Purpose
This study explores the response of consumer confidence in policy uncertainty in the Japanese context. The study also considers the dynamism of stock market behavior and financial stress and its impact on consumer confidence, which has remained unaddressed in the literature. The role of these control variables has important implications for policy discussions, particularly when other countries can learn from Japanese experiences.
Design/methodology/approach
The nonlinear autoregressive distributed lag model postulated by Shin et al. (2014) was used for studying the asymmetric response of consumer confidence to policy uncertainty. This method has improved estimates compared to traditional linear cointegration methods.
Findings
The findings confirm the asymmetric impact of policy uncertainty on the consumer confidence index in Japan. The impact of the rise in policy uncertainty is greater than that of a fall in asymmetry on consumer confidence in Japan. Furthermore, the Wald test confirmed asymmetric behavior.
Originality/value
The contribution of this study is threefold. First, this study contributes to the extant literature by analyzing the asymmetric response of consumer confidence to policy uncertainty, controlling for both the financial stress and stock price indices. Second, to test the robustness of the exercise, the study utilized different frequencies of observations. Third, this study is the first to utilize the concept of Arbatli et al. (2017) to formulate a combined index of uncertainty based on economic policy uncertainty index, along with uncertainty indices such as fiscal, monetary, trade and exchange rate policies to study the overall impact of policy uncertainty.
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Discusses the transfer of undertakings in the UK, referring to the Transfer of Undertakings (Protection of Employment) Regulations of 1981, the Employment Rights Act 1996, and the…
Abstract
Discusses the transfer of undertakings in the UK, referring to the Transfer of Undertakings (Protection of Employment) Regulations of 1981, the Employment Rights Act 1996, and the Acquired Rights Directive 1977. Provides the raison d’etre of the Acquired Rights Directive and outlines how it was implemented in the UK. Talks about the confusing jurisprudence of the European and British courts, mentioning the European Court of Justice’s challenges to the directive, the 1994 proposals, amended 1997 proposals, the Commission’s memorandum of 1997 and the UK government’s consultation papers. Describes how the European Directive is applied and interpreted in relation to the Acquired Rights Directive and transfer of undertakings. Outlines the regulations controlling compulsory competitive tendering. Points out the obligation to inform and consult on the transfer of an undertaking and how the directive is enforced if this fails to occur. Notes the effect a relevant transfer has on existing collective agreements and the legal implications of dismissing employees by reason of the relevant transfer. Looks at the European Commission’s proposal for a directive on safeguarding employees’ rights in the event of transfer and the implications that would have on UK business. Concludes that a new directive is needed, building on the 1977 Directive but ironing out its inconsistencies.
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Investigates the theory and practice of negotiation through studying British managers in a role playing situation; observations then formed the basis of this questionnaire survey…
Abstract
Investigates the theory and practice of negotiation through studying British managers in a role playing situation; observations then formed the basis of this questionnaire survey, which was sent to 300 UK managers, and follow‐up interviews were carried out with 30 managers. Refers to earlier research conducted by the same authors and explains how this research builds on their previous findings. Explains the methodology of this study. Reports on the use of teams in negotiating behaviour, the size of the teams, team preparation and formation, team roles, team management, acquiring information, understanding agreements, demonstrating a united front, establishing facts, attempting to split the opposition, exaggerating divisions in an opposing team, tactics, and the use of adjournments. Concludes that smaller teams, consisting of people used to working together, are perceived to be more effective. Highlights the areas where teams new to negotiations or working together should focus their attention. Suggests areas for further research.
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Chang He, Fu Jia, Liukai Wang, Lujie Chen and Kieran Fernandes
Corporate social responsibility (CSR) decoupling indicates a misalignment between how firms report CSR and what firms actually practice with respect to CSR. The purpose of this…
Abstract
Purpose
Corporate social responsibility (CSR) decoupling indicates a misalignment between how firms report CSR and what firms actually practice with respect to CSR. The purpose of this paper is to examine the relationship between CSR decoupling and financial performance and the factors affecting this relationship.
Design/methodology/approach
This paper collects and combines secondary panel data from multiple sources of Chinese listed firms from 2008 to 2020 to test the direct impact of CSR decoupling on firms’ financial performance and the moderating role of customer structure and operational slack.
Findings
This paper finds that CSR decoupling is negatively associated with firms’ financial performance. These findings further suggest that the negative relationship can be suppressed by customer stability and operational slack, but amplified by customer concentration. These conclusions remain robust to alternate measures of independent and dependent variables and narrower samples.
Originality/value
In the literature, the effect of CSR on firms’ financial performance is inconclusive. This is the first study to examine the impact of CSR decoupling on firms’ financial performance and the factors affecting this relationship. This paper contributes to the CSR decoupling literature from an operations and supply chain management perspective.
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Sheng-qiang Gu, Yong Liu and Weixue Diao
The paper attempts to construct a novel multi-objective grey hierarchical group consensus approach to deal with the group consensus problems consisting of hierarchical…
Abstract
Purpose
The paper attempts to construct a novel multi-objective grey hierarchical group consensus approach to deal with the group consensus problems consisting of hierarchical relationship and non-cooperative behaviors among decision makers (DMs).
Design/methodology/approach
To deal with these group consensus problems consisting of hierarchical relationship and non-cooperative behaviors among DMs non-cooperative behavior in uncertain information systems, considering the influence of coordination cost and the degree of group consensus, based on the idea of grey situation decision-making, the authors establish a multi-objective grey hierarchical group consensus model, and design different invalid decision elimination rules for decision-making groups of different sizes, and use a case verifies the effectiveness and feasibility of the model.
Findings
With the continuous improvement of the coordination cost budget, the degree of consensus of all departments and the overall consensus tend to be stable, and will no longer change with the increase of the coordination cost budget. The cost required by each department is basically consistent with the response trend of the cost required to coordinate the overall situation to the pre-set lower limit of group consensus.
Originality/value
The proposed approach can succeed in identifying DMs' information, and mine the DMs' information and help make a relatively more scientific decision.
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Rim El Khoury, Muneer M. Alshater and Mayank Joshipura
This study aims to assess the current state and impact of the RegTech industry on financial regulation and compliance by providing a comprehensive overview of its evolution and…
Abstract
Purpose
This study aims to assess the current state and impact of the RegTech industry on financial regulation and compliance by providing a comprehensive overview of its evolution and identifying key challenges and opportunities.
Design/methodology/approach
A hybrid review approach was employed, involving a detailed bibliometric analysis of 89 scholarly articles and a content analysis of 47 key studies, covering the period from 2010 to 2023.
Findings
The research identifies critical trends and challenges within the RegTech industry, focusing on the roles of regulatory bodies and technological innovations. It explores four major themes: (1) RegTech applications in FinTech, financial services and banking regulations; (2) RegTech’s role in compliance management and fraud prevention; (3) the impact of digital transformation, governance and regulations; and (4) the integration of Big Data, AI, ML and blockchain in regulatory systems.
Practical implications
This study provides a comprehensive framework for understanding the complicated applications of RegTech, highlighting its potential to enhance compliance efficiency, mitigate risks and foster innovation within the financial sector. The insights provided are valuable for policymakers and financial institutions aiming to develop more robust regulatory frameworks and practices.
Originality/value
This study uniquely integrates bibliometric and content analysis to provide an up-to-date and nuanced overview of RegTech, focusing on recent advancements in AI, ML and blockchain technologies. It not only maps current trends but also identifies research gaps and offers new directions for future research.
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