Maria-Isabel Sanchez-Segura, Fuensanta Medina-Dominguez, German-Lenin Dugarte-Peña, Antonio de Amescua-Seco and Roxana González Cruz
The current scenario is dominated by an urgent need for economic recovery caused by the global health emergency that has been at work since January 2020. Digital transformation…
Abstract
Purpose
The current scenario is dominated by an urgent need for economic recovery caused by the global health emergency that has been at work since January 2020. Digital transformation plays a crucial role in bringing about this recovery. However, the failure rate of digital transformation projects over the last 10 years is very high. Considering the growing demand for digital transformation from businesses, the digital transformation failure rate, if unchanged, could lead to an exponential growth in technical debt. Technical debt is acquired when the digital transformation to be deployed at a business fails. The accumulation of technical debt will lead not only to economic stalemate but possibly also to yet another setback.
Design/methodology/approach
The developed set of methodologies form what has been termed the Digital Transformation Governance Engineering Process (DTGEP). This process can help any business wishing to undertake a digital transformation project to materialize their project in a sustainable, productive and competitive way.
Findings
DTGEP prevents the generation of technical debt because organizational knowledge is aligned with the technological solution that best suits the needs of each business in order to support its strategic or business objectives.
Research limitations/implications
DTGEP has already been used to successfully discover the relationship between business features and the prospective digital transformation. However, it needs to be applied in case studies on many other businesses across the economy in order to gather more accurate information that could be clustered by sectors.
Originality/value
DTGEP was tested on a set of 25 projects, and this paper reports several interesting findings regarding its use, like the impact of the digital transformation on different parts of the business model canvas (BMC) and the intellectual capital of the organization developing the digital transformation, and how the status of the organization's intangible assets affects the decision-making process with respect to the prospective digital transformation.
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Oscar Kwame Kwasafo, Emmanuel Adinyira and Kofi Agyekum
This paper investigates the impact of green construction procurement practices (GCPPs) on circular economy (CE) success by identifying environmentally sustainable procurement…
Abstract
Purpose
This paper investigates the impact of green construction procurement practices (GCPPs) on circular economy (CE) success by identifying environmentally sustainable procurement practices that can promote a CE in the construction industry. The goal was to promote circularity in construction through GCPPs.
Design/methodology/approach
A quantitative research approach was adopted and purposively selected 100 respondents for a cross-sectional questionnaire survey. Data from the questionnaire survey were analysed using mean score ranking, One-sample t-test and regression analysis.
Findings
The study found that using on-site systematic waste management, project stakeholder commitment and support for green practices and environmental requirements in technical specifications, significantly impact CE success in construction, with a 12.8% variance in CE when green procurement is practised. This implies that GCPPs have positive repercussions on CE success, where the CE success is expected to change as GCPPs levels increase.
Practical implications
The study provides insights into green procurement, promoting its use in infrastructure development and aiding clients, particularly in the government sector with insights into the challenges and practices involved in green procurement. Practitioners can also benefit from better implementing CE strategies to draft and manage contracts for infrastructure projects that prioritize circularity.
Originality/value
The limited impact of GCPPs on advancing CE principles in construction suggests policy and practice must strengthen procurement requirements to fully leverage spending and drive the sector’s transition towards a circular model. Also, novel insight is provided into the most effective types of GCPPs for promoting CE success, aiding policymakers in optimizing construction procurement strategies.
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Emeka Steve Emengini, Shedrach Chinwuba Moguluwa, Johnson Emberga Aernan and Jude Chidiebere Anago
This paper aims to examine the impact of ownership structure on the accounting-based performance of listed Nigerian deposit money banks (DMBs) on Nigerian Exchange Group (NGX…
Abstract
Purpose
This paper aims to examine the impact of ownership structure on the accounting-based performance of listed Nigerian deposit money banks (DMBs) on Nigerian Exchange Group (NGX) from 2011 to 2020.
Design/methodology/approach
The study adopts ex post facto research design, using initially “the panel fixed and random effects regression analysis and Hausman specification test and thereafter, the IV Generalised method of moments (GMM) to check for endogeneity issues and strengthen the robustness of the results.
Findings
The one lagged value result reveals that ownership structure of DMBs in Nigeria has cumulative significant impact to influence corporate financial performance of the banks in the future. Overall, CEO, board/managerial, family, government and foreign ownership structures in DMBs in Nigeria do not have significant influence on accounting-based corporate financial performance of the banks. However, the study reveals that board/managerial ownership could significantly improve market value/growth of DMBs in Nigeria.
Practical implications
Policy makers, investors (both local and foreign), academics, corporate governance administrators, and the government could apply the study's findings to the management of banking operations in Nigeria.
Originality/value
The paper highlights the impact of five ownership structures on the accounting-based performance of DMBs in Nigeria from 2011 to 2020, providing valuable insights into the influence of stockholding categories on corporate financial performance, which is a shift from extant literatures with limited insights.