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Digital product and service innovations (DPSI) has attracted widespread attention from both management scholars and practitioners. Previous studies have documented that information technology (IT) capability and digital orientation positively influence DPSI performance. However, the question of whether and how digitalization capability can facilitate DPSI performance remains unresolved. This paper fills these gaps by investigating the mediating role of improvisation capability and the moderating role of technological turbulence.

This study used two-wave data from 240 matched digital transformation department leaders and senior managers from Chinese firms and examined the hypotheses deploying hierarchical regression and bootstrapping.

Our analyses reveal positive, significant links between digitalization capability and improvisation capability and between improvisation capability and DPSI performance. The findings further show that the effect of digitalization capability on DPSI performance is partially mediated by improvisation capability and that technological turbulence strengthens the indirect relationship between digitalization capability and DPSI performance through improvisation capability.

Integrating resource-based view, this research provides evidence that the extent to which improvisation capability mediates the relationship between digitalization capability and DPSI performance depends on technological turbulence. It provides a new direction for digitalization capability and DPSI performance.

In the context of China’s efforts to build world-class enterprises through mixed-ownership reform, this study aims to build an agency theory framework to analyze the differential relation between ownership structure and firm performance in majority versus minority state-owned enterprises (SOEs). It also evaluates the differential influence that political connectedness has on firm performance in the two types of SOEs.

Using a panel data set of Chinese state-controlled mixed-ownership enterprises covering the period 2010–2019, this paper uses ordinary least squares, random-effects, fixed-effects and three stage least squares regression analysis to study the differential impact of ownership structure and political connectedness on firm performance in majority versus minority SOEs.

In minority SOEs, firm performance is positively related to the ownership share of the largest private shareholder and state ownership positively moderates this relation. Furthermore, minority SOEs with a politically connected chairman perform worse than those with a politically connected chairman. In majority SOEs, there is no relation between the ownership share of the largest private shareholder and firm performance. In addition, majority SOEs with a politically connected chairman perform similar to those without a politically connected chairman.

The theoretical framework demonstrates that agency problems are substantially different in minority versus majority SOEs and that this influences how changes in ownership structure and in the type of chairman that is assigned affect firm performance. The empirical analysis confirms these predictions.

The purpose of this paper is to study the anodic dissolution processes of alloy 690 in NaCl + Na₂S₂O₃ solutions by using digital holography.

The digital holography technique was used to in situ observe the dynamic processes occurring at the electrode|electrolyte interface during the anodic dissolution of alloy 690 in NaCl + Na₂S₂O₃ solutions, both in the presence and absence of a magnetic field (MF).

In 3.5% NaCl + 0.01 M Na₂S₂O₃ solutions, MF inhibited intergranular corrosion (IGC) because it increased the defects in the oxide film and facilitated the uniform adsorption of low concentration of S on these defects due to its stirring effects, which resulted in a weakened adsorption of S at the grain boundaries. Conversely, in 3.5% NaCl + 0.1 M Na₂S₂O₃ solutions, MF promoted IGC by increasing the number of defects in the oxide film, with lots of S species preferentially adsorbing at the grain boundaries. The resultant salt films formed more readily, inhibiting the formation of the oxide film at the grain boundaries.

Through the use of digital holography, it was possible to in situ observe the initiation of IGC at a single grain boundary and its progression to adjacent grain boundaries, regardless of the presence or absence of MF.

This investigation endeavors to examine the routes by which environmental–social–governance (ESG) performance influences the competitive landscape for logistics enterprises, with a particular emphasis on the function of digitalization in this complex process. The research underscores the significance of the ESG context in the realm of digitalization, providing valuable insights into its impact on the overall competitiveness of logistics enterprises.

This research gathers information from a total of 90 logistics enterprises that are publicly traded on the Shanghai and Shenzhen A-share stock markets for analysis and model testing. Due to the multiple pathways of influence and the constrained size of the sample, it has been decided that the Piecewise structural–equation–modeling (SEM) approach will be employed.

The research reveals that ESG factors positively impact enterprises' competitiveness (EC). The augmentation of competitiveness is attributed to the moderating role of green technology innovation (GTI) and agency costs between ESG and EC. In the context of digitalization, the level of digitalization of logistics enterprises may create a capital squeeze effect on environmental performance, weakening competitiveness. Conversely, the level of digitalization positively regulates the promoting effect of governance performance on competitiveness.

This research provides a sound theoretical foundation for understanding how ESG contributes to boosting the competitiveness of Chinese logistics enterprises and extends the application of Piecewise SEM in the research field of logistics enterprise competitiveness. Furthermore, it offers a practical pathway for companies to implement ESG practices and foster competitiveness in digital environments.

As the core technology of blockchain, various consensus mechanisms have emerged to satisfy the demands of different application scenarios. Since determining the security, scalability and other related performance of the blockchain, how to reach consensus efficiently of consensus mechanism is a critical issue in the blockchain.

The paper opted for a research overview on the blockchain consensus mechanism, including the consensus mechanisms' consensus progress, classification and comparison, which are complemented by documentary analysis.

This survey analyzes solutions for the improvement of consensus mechanisms in blockchain that have been proposed during the last few years and suggests future research directions around consensus mechanisms. First, the authors outline the consensus processes, the advantages and disadvantages of the mainstream consensus mechanisms. Additionally, the consensus mechanisms are subdivided into four types according to their characteristics. Then, the consensus mechanisms are compared and analyzed based on four evaluation criteria. Finally, the authors summarize the representative progress of consensus mechanisms and provide some suggestions on the design of consensus mechanisms to make further advances in this field.

This paper summarizes the future research development of the consensus mechanisms.

The purpose of this paper is to investigate the impact of land approval decentralization on energy efficiency and then analyze the mechanisms that land decentralization improves energy efficiency.

This paper has been based on the dynamic slack based measure (DSBM) method to measure energy efficiency using input-output data at the city level in China. In the empirical analysis, this paper employed difference in differences (DID), instrumental variable (IV), propensity score matching–difference in differences (PSM–DID) and triple differences (DDD) to examine the research hypotheses.

Firstly, this paper finds unexpected good news and shows that decentralizing land approvals significantly improves regional energy efficiency. Secondly, this paper explores two mechanisms for this effect, one is the mitigation of land misallocation and the other one is the cleaner allocation of land resources across industries. Thirdly, this paper provides micro-evidence from Chinese listed firms and finds that the decentralization of land approvals similarly improve firms’ energy efficiency.

Existing studies have mainly explored the environmental impacts of land marketization reforms, with limited attention to decentralization of land approval. As a result, the promotion effect of decentralization of land approval on energy efficiency is still unclear, and the mechanism need to be further refined. Based on empirical analysis, this paper not only helps to clarify the relationship between land decentralization reform and energy efficiency, but also explores the mechanisms of transmission.

Twenty-two coal samples and eleven parting samples were taken from Gashun Coal Mine, Hoxtolgay coalfield, Xingjiang Autonomous Region, and the samples were analyzed by using optical microscopy. The results indicate that the dominant macerals are vitrinite (av. 76.6%) with minor amounts of inertinite (av. 18.84%) and low liptinite (av. 2.7%), along with low content of mineral matters (av. 1.86%). All GI, TPI, VI, GWI values and two facies diagrams indicate that the main coal facies are in limnic area. Meanwhile, the overall petrographic composition and coal facies types indicate that the coal formed in strong wet reducing peat accumulating conditions which were the lacustrine marshes.

This paper aims to examine how presence (the social presence of live streaming platforms, of viewers, of live streamers and telepresence) affects consumer trust and flow state, thus inducing impulsive buying behaviors, personal sense of power as moderator.

Drawing on the Stimulus-Organism-Response (S-O-R) framework, the conceptual model covers social presence, telepresence, consumer trust, flow state, personal sense of power and impulsive buying behavior. An online survey was conducted from 405 consumers with the experience of live streaming shopping in China; structural equation modeling (SEM) was used for data analysis.

Results find that three dimensions of social presence (the social presence of live streaming platforms, of viewers, of live streamers) and telepresence have a positive and significant influence on consumer trust and flow state, thus triggering consumers’ impulsive buying behavior. Furthermore, consumers’ sense of power moderates the process from consumer trust, flow state to impulsive buying behavior.

This study will help live streamers and e-retailers to have a further understand on how to stimulate consumers’ buying behavior. Furthermore, it also provides reference for the development of live streaming commerce in other countries.

This research examines the effect of social presence and telepresence on impulsive buying behavior in live streaming commerce, which is inadequately examined in extant literature.

This study reduces carbon emission in logistics distribution to realize the low-carbon site optimization for a cold chain logistics distribution center problem.

This study involves cooling, commodity damage and carbon emissions and establishes the site selection model of low-carbon cold chain logistics distribution center aiming at minimizing total cost, and grey wolf optimization algorithm is used to improve the artificial fish swarm algorithm to solve a cold chain logistics distribution center problem.

The optimization results and stability of the improved algorithm are significantly improved and compared with other intelligent algorithms. The result is confirmed to use the Beijing-Tianjin-Hebei region site selection. This study reduces composite cost of cold chain logistics and reduces damage to environment to provide a new idea for developing cold chain logistics.

This study contributes to propose an optimization model of low-carbon cold chain logistics site by considering various factors affecting cold chain products and converting carbon emissions into costs. Prior studies are lacking to take carbon emissions into account in the logistics process. The main trend of current economic development is low-carbon and the logistics distribution is an energy consumption and high carbon emissions.

This research explores the differential effects of pixel-level and object-level visual complexity in firm-generated content (FGC) on consumer engagement in terms of the number of likes and shares, and further investigates the moderating role of image brightness.

Drawing on a deep learning analysis of 85,975 images on a social media platform in China, this study investigates visual complexity in FGC.

The results indicate that pixel-level complexity increases both the number of likes and shares. Object-level complexity has a U-shaped relationship with the number of likes, while it has an inverted U-shaped relationship with the number of shares. Moreover, image brightness mitigates the effect of pixel-level complexity on likes but amplifies the effect on shares; contrarily, it amplifies the effect of object-level complexity on likes, while mitigating its effect on shares.

Although images play a critical role in FGC, visual data analytics has rarely been used in social media research. This study identified two types of visual complexity and investigated their differential effects. We discuss how the processing of information embedded in visual content influences consumer engagement. The findings enrich the literature on social media and visual marketing.