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Organizational Moral Development: Insights from Organizational Learning & Islamic Perspectives 组织道德发展:来自组织学习和伊斯兰观点的见解
Q4 Economics, Econometrics and Finance Pub Date : 2019-01-01 DOI: 10.1142/s2737566821900039
Mohammad Iznan Haji Tarip
This conceptual paper contributes to the study of moral and immoral organizational development by combining two different perspectives: organizational learning (OL) and the worldview of Islam. The OL perspective, particularly Crossan, Lane and White’s (1999) 4I OL framework, outlines four sub-learning processes involved in strategic renewal spanning the individual, group and organizational levels. Then, the framework is recast in the light of the worldview of Islam, particularly on the natural connection between learning and moral development. From an Islamic perspective, knowledge is soteriological and plays a crucial role in the ‘purification of the heart’, i.e. individual moral development. However, corruption of knowledge can also occur, which then leads to corruption of the ‘heart’, i.e. individual immoral development. This then has profound implications for the 4I OL framework. As a result, a reconceptualized framework is conceived called ‘OL by hearts’, which outlines the strategic moral & immoral development of individuals, groups and the organization.
这篇概念性的论文结合了两个不同的观点:组织学习(OL)和伊斯兰教的世界观,有助于研究道德和不道德的组织发展。OL视角,尤其是Crossan、Lane和White(1999)的4I OL框架,概述了跨越个人、团队和组织层面的战略更新中涉及的四个子学习过程。然后,根据伊斯兰教的世界观,特别是关于学习和道德发展之间的自然联系,重新塑造了这个框架。从伊斯兰教的角度来看,知识是救赎论的,在“心灵的净化”中起着至关重要的作用,即个人的道德发展。然而,知识的腐败也可能发生,从而导致“心”的腐败,即个人不道德的发展。这对4I OL框架具有深远的影响。因此,一个重新概念化的框架被称为“心灵OL”,它概述了个人、团体和组织的战略道德与不道德发展。
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引用次数: 0
Transformation from Traditional to Digital Marketing: A Case on Facebook Marketing for Micro Foodservice Brands 从传统营销到数字营销的转变:以微餐饮品牌的Facebook营销为例
Q4 Economics, Econometrics and Finance Pub Date : 2019-01-01 DOI: 10.36924/sbe.2019.2201
Shamsul Huq Bin Shahriar, M. S. Alam, S. Arafat
This study analyses the transformation of marketing strategies from traditional to 'digital' and finds out the efficacy of 'Facebook' marketing for small or micro-enterprise brands; in the case of the restaurant industry. The study looks for the answers to questions such as How ‘Facebook' has changed the means of marketing in the case of small restaurant brands. Two restaurant brands were considered for the study. A qualitative case approach was adopted for the study. Major findings of the study have revealed that Facebook marketing is the direct, easiest and economical mode of communication with current and potential customers through 'Facebook page', to disseminate information regarding brand and services through 'Facebook posts', 'Comments' and 'chats'; besides, to maintain rapid feedback service to customers' queries. In addition, through 'Facebook' activities i.e., an instance of 'Likes', 'Reviews', 'Check-ins', and' Share' customers, themselves ensue as a source for promoting the brands. Nevertheless, for these small or microbrands' Facebook Marketing' per se, it is an inexpensive technique for effective marketing; additionally, it fosters mutual relationships and increases the level of customer engagement.
本研究分析了传统营销策略向“数字化”营销策略的转变,发现“Facebook”营销对小微企业品牌的有效性;以餐饮业为例。该研究寻找诸如“Facebook”如何改变小餐馆品牌营销手段等问题的答案。研究考虑了两个餐饮品牌。本研究采用定性个案方法。该研究的主要发现表明,Facebook营销是通过“Facebook页面”与现有和潜在客户沟通的直接,最简单和经济的模式,通过“Facebook帖子”,“评论”和“聊天”传播有关品牌和服务的信息;此外,保持对客户查询的快速反馈服务。此外,通过“Facebook”活动,即“喜欢”、“评论”、“签到”和“分享”客户的实例,它们本身就成为推广品牌的来源。然而,对于这些小型或微品牌的“Facebook营销”本身来说,这是一种廉价的有效营销技术;此外,它促进了相互关系,提高了客户参与度。
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引用次数: 1
ASEAN Economic Community: the shift from absolute to relative poverty, and the rise of the middle class 东盟经济共同体:从绝对贫困到相对贫困的转变,以及中产阶级的崛起
Q4 Economics, Econometrics and Finance Pub Date : 2019-01-01 DOI: 10.1142/s2737566821900040
B. Jetin
In 2015 ASEAN has become a community which rests on three pillars: political-security, economic and social-cultural (Jetin and Mikic, 2016). The underlying assumption is that economic development will be fostered by a regional integration deepening, namely a “single market and single production base” which should lead to a convergence of social-cultural development thanks to a catching up process of the late-comers and poorest member states vis-à-vis the more advanced ASEAN Member States (AMS) (Jetin, B. 2016a). This implies a convergence of living standards and a strong decline of poverty. The purpose of this paper is precisely to verify the existence of such a process of convergence among AMS and the nature of this convergence. Which countries are converging? How did poverty evolve and what is the social dynamics implied? Section 1 checks if the existence of ASEAN has favoured a process of convergence of living standards or in other terms a reduction of inequality between countries. In section 2, we show that in several ASEAN countries, absolute poverty has receded but has been replaced by relative, poverty which creates its own set of expectations and potential frustrations. Finally, in section 3, we focus on the emergence of the middle classes and their potential effect on the socio-economic dynamic of ASEAN countries.
2015年,东盟已成为一个基于三大支柱的共同体:政治安全、经济和社会文化(Jetin and Mikic, 2016)。潜在的假设是,经济发展将通过区域一体化的深化来促进,即“单一市场和单一生产基地”,由于后发国家和最贫穷的成员国对-à-vis更先进的东盟成员国(AMS)的追赶过程,这将导致社会文化发展的趋同(Jetin, B. 2016a)。这意味着生活水平的趋同和贫困的大幅减少。本文的目的正是为了验证AMS之间是否存在这种收敛过程,以及这种收敛的性质。哪些国家正在趋同?贫困是如何演变的,其隐含的社会动力是什么?第1节检查东盟的存在是否有利于生活水平趋同的进程,或者换句话说,是否有利于减少国家之间的不平等。在第2节中,我们表明,在几个东盟国家,绝对贫困已经消退,但已被相对贫困所取代,相对贫困产生了自己的一套期望和潜在的挫折。最后,在第3节中,我们将重点关注中产阶级的出现及其对东盟国家社会经济动态的潜在影响。
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引用次数: 1
Empirical Investigation of Strategy Implementation in Non-government organizations 非政府组织战略实施的实证研究
Q4 Economics, Econometrics and Finance Pub Date : 2019-01-01 DOI: 10.1142/s2737566821900027
Nurul Afiqah Haji Nor Amin, Thuraya Farhana Haji Said, Md. Zahidul Islam, Safayet Rahman
Strategy implementation is considered as an essential part of strategic planning because it translates the chosen strategy into organizational action. Considering its high failure rates, substantial attention should be given to strategy implementation, especially in non-government organizations, as most past studies have focused on issues prevailing in profit-making entities and the public sector. Thus, this becomes the aim of this paper to investigate factors influencing strategy implementation in non-government organizations in Brunei. In order to answer the research aim, a structured survey was conducted, and both descriptive inference statistical analysis techniques were used to analyze the data. The study concludes that organizational structure and leadership have a strong relation to the strategy implementation in non-government organizations; it has also been revealed that organizational culture and external factors do not influence strategy implementation. Not only that the results of the study can validate previous research studies, but also they can help managers and practitioners to understand how the four variables identified in the study can influence strategy implementation within their organization.
战略实施被认为是战略规划的重要组成部分,因为它将选择的战略转化为组织行动。考虑到失败率很高,应高度注意战略的执行,特别是非政府组织的战略执行,因为过去的大多数研究集中在营利实体和公共部门普遍存在的问题上。因此,研究影响文莱非政府组织战略实施的因素成为本文的目的。为了回答研究目的,进行了结构化调查,并使用描述性推理统计分析技术来分析数据。研究发现:组织结构和领导对非政府组织的战略实施有较强的影响;研究还发现,组织文化和外部因素并不影响战略的实施。研究结果不仅可以验证以前的研究,而且可以帮助管理者和从业者了解研究中确定的四个变量如何影响其组织内的战略实施。
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引用次数: 0
Resolving the Reliance on Fixed Estimation Dates in the Implied Cost of Equity Capital Approach 解决股权资本隐含成本法中对固定估计日期的依赖
Q4 Economics, Econometrics and Finance Pub Date : 2018-10-02 DOI: 10.1515/jbvela-2017-0009
Jan A. Kempkes, A. Wömpener
Abstract Our study’s objective is to develop and analyze a dynamic approach for estimating firms’ expected cost of equity capital. We contribute to the literature by enabling the usage of any required estimation date, resolving the major shortcoming of the existing models—their reliance on one fixed estimation date. This paper presents our model and discusses it from the perspective of the extant body of literature. We show that the current state of the art approach in dynamic estimation does not satisfy theoretical and practical demands, and offers scope for significant improvements. We conduct our analysis by specially considering capital market efficiency, the consistent appreciation of cash flows with respect to timing, and straightforward practical implementation for researchers and practitioners. Building on semi-strong capital market efficiency, the analysis reveals further insights into residual income valuation as we demonstrate that any realization of residual income in the course of the year is irrelevant to valuation in the absence of dividend realization. Consequently, assumptions regarding the shape of earnings in the course of the year are also irrelevant to valuation. Additionally, our theoretically founded model conveniently facilitates the undistorted incorporation of different fiscal year-ends in large samples and avoids stale measures of expected cost of equity capital.
摘要本研究的目的是开发和分析一种动态方法来估计企业的预期权益资本成本。我们通过允许使用任何所需的估计日期来贡献文献,解决了现有模型的主要缺点-它们依赖于一个固定的估计日期。本文提出了我们的模式,并从现存文献的角度对其进行了讨论。我们表明,目前的动态估计方法不能满足理论和实践的要求,并提供了显著改进的空间。我们在进行分析时特别考虑了资本市场效率、现金流在时间方面的持续升值,以及研究人员和从业人员的直接实际实施。在半强资本市场效率的基础上,分析揭示了对剩余收益估值的进一步见解,因为我们证明了在没有股息实现的情况下,一年中任何剩余收益的实现都与估值无关。因此,关于一年中收益形态的假设也与估值无关。此外,我们的理论建立的模型便于在大样本中不失真地纳入不同的财政年度,并避免了陈旧的权益资本预期成本计量。
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引用次数: 1
Restricted Stock Discounts: An Empirical Analysis 限制性股票折扣:一个实证分析
Q4 Economics, Econometrics and Finance Pub Date : 2018-06-07 DOI: 10.1515/jbvela-2017-0008
Daniel L. Mcconaughy, M. Hussein, J. Dow
Abstract Examining 416 transactions over the 1996 to 2013 time period, we find that size, stock price volatility, block size, price-to-revenue, and EBITDA margin are significantly related to restricted stock discounts. We do not find registration rights or the initial holding period to be statistically significantly related to discounts. Our results suggest that simple correlations or sorting of discounts by various criteria do not capture what factors are statistically significantly related to restricted stock discounts in the complex world of private placement deals.
研究了1996年至2013年期间的416笔交易,我们发现规模、股价波动、大宗交易规模、市收比和EBITDA利润率与限制性股票折扣显著相关。我们没有发现注册权或初始持有期限与折扣有统计学上的显著关系。我们的研究结果表明,在私募交易的复杂世界中,简单的相关性或按各种标准对折扣进行排序并不能捕捉到哪些因素在统计上与限制性股票折扣显著相关。
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引用次数: 0
A Tool Kit for Discounted Cash Flow Valuation: Consistent and Inconsistent Ways to Value Risky Cash Flows 贴现现金流估值工具包:风险现金流估值的一致和不一致方法
Q4 Economics, Econometrics and Finance Pub Date : 2018-02-23 DOI: 10.1515/JBVELA-2016-0012
Schueler Andreas
The DCF method or multiples are used to value companies in practice. Starting with the value additivity principle, the paper presents a general framework for DCF valuation. This framework allows defining stepwise and aggregated approaches to value risky cash flows and identifying inconsistent approaches. The framework helps to integrate sales, contribution margin, operating leverage, and financial leverage into valuation approaches and shows the assumptions implied when multiples are used.
在实践中,通常采用DCF法或乘数法对公司进行估值。从价值可加性原理出发,给出了DCF估值的一般框架。该框架允许定义逐步和汇总的方法来评估风险现金流,并识别不一致的方法。该框架有助于将销售额、贡献利润率、运营杠杆和财务杠杆整合到估值方法中,并显示了使用倍数时隐含的假设。
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引用次数: 5
Organizational Effectiveness: The role of Organizational Leadership and Knowledge Sharing 组织有效性:组织领导与知识共享的作用
Q4 Economics, Econometrics and Finance Pub Date : 2018-01-01 DOI: 10.1142/s2737566821800025
Md. Zahidul Islam, Thuraya Farhana Haji Said, Wardah Azimah Haji Sumardi
The purpose of this paper is to develop a conceptual model on organizational effectiveness in the public sector by investigating its relationship with two concepts 1) the importance of knowledge sharing for ensuring organizational effectiveness and 2) the role of organizational leadership in creating knowledge sharing environment to result in organizational effectiveness. Knowledge sharing has been proliferated as a key process to organizational performance improvement. Similar to its counterpart, the public sector is as serious about the effectiveness of their organizations, however not many public managers and employees are receptive to the idea of knowledge sharing and this could be due to their distinctive character of confidentiality. Here, it could be argued that leadership has implication for creating that climate as it has locomotion function (i.e., facilitation of motivation and activation of employees to fulfill the goals) or a cohesion function (i.e., enabling collaboration and interaction). The theoretical contribution is in terms of filling the gap of understanding public organizational effectiveness by integrating several concepts including leadership and knowledge sharing. While, the practical contribution is in terms of the conceptual model suggested in this study which is somewhat new in the Brunei public organizational environment and it can serve as a practical framework for the policy-makers and practitioners.
本文的目的是通过研究公共部门组织有效性与两个概念的关系,建立一个公共部门组织有效性的概念模型:1)知识共享对确保组织有效性的重要性;2)组织领导在创造知识共享环境以产生组织有效性方面的作用。知识共享已成为组织绩效改进的关键过程。与公共部门类似,公共部门对其组织的有效性也同样认真,但是,没有多少公共管理人员和雇员接受知识分享的想法,这可能是由于他们具有保密的独特特点。在这里,可以认为领导对创造这种氛围有影响,因为它具有运动功能(即,促进激励和激活员工实现目标)或凝聚力功能(即,使协作和互动)。其理论贡献在于通过整合领导力和知识共享等概念,填补了对公共组织有效性理解的空白。然而,实际的贡献是在本研究中提出的概念模型方面,这在文莱的公共组织环境中有点新,它可以作为政策制定者和从业者的实用框架。
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引用次数: 0
Moving to the Cloud 迁移到云端
Q4 Economics, Econometrics and Finance Pub Date : 2018-01-01 DOI: 10.1142/s2737566821800049
M. Almunawar, M. Anshari
The growth of cloud computing has been increasing fast since a few years ago, although it is still a small part of overall Information Technology (IT) spending of organizations. Both private and public sectors are embracing cloud computing as it offers an innovative computing model, simplifying IT resource management, offering cost savings and flexible scaling. The question is no longer whether to adopt cloud computing or not, but what should be adopted and how? The transaction cost economy theory offers a rationale for the adoption and the decision-making theory helps construct stages for the adoption and operate cloud computing to provide effective and optimal IT solutions for organizations. This paper offers decision makers to overview cloud computing, especially in utilizing values offered and selecting resources or operations that can be migrated to the cloud.
自几年前以来,云计算的增长一直在快速增长,尽管它仍然是组织总体信息技术(it)支出的一小部分。私营和公共部门都在接受云计算,因为它提供了一种创新的计算模式,简化了it资源管理,提供了成本节约和灵活的扩展。问题不再是是否采用云计算,而是应该采用什么以及如何采用?交易成本经济理论为云计算的采用提供了理论依据,决策理论为云计算的采用和运营构建了阶段,为组织提供了有效和最优的IT解决方案。本文为决策者提供了概述云计算的方法,特别是在利用所提供的价值和选择可以迁移到云的资源或操作方面。
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引用次数: 0
Analysis of Patent Management on Health Care Product: Information of Electrocardiograph Devices 保健品专利管理探析:心电图仪信息
Q4 Economics, Econometrics and Finance Pub Date : 2018-01-01 DOI: 10.1142/s2737566821800037
T. Hendrix, F. T. Ajie, A. Hidayat
Development of health care product nowadays becomes primer uses to support levelness of heart disease. A dynamic system of usefulness has referred to a potential market that occurs as a complementary effort in the health sector. Differentiation of product devices especially for electronic cardiograph has many impacts on technology innovation, in term of market-oriented. Analysis patent management is used as a tool to see technology that has already performed and is also used by industries, based on capturing market needs, to deliver more competitiveness model of the product. This paper aims to find relevant information through a database of an international patent on health care products for market orientation through the portfolio, licensing, status, competitor, innovation, and monitoring emerging market with the patent database that registered on World Intellectual Property Organization (WIPO). The methodology that applies in paper using software Total Patent to see more information related on the utilization of electronic cardiograph devices such as potential useful through leading patent-issuing authorities with composition results 247 documents of 113,612,014 patents that registered. The results showed that most of the inventions and patent applicants and beneficiaries are from the United States, Europe, and Asia-Pacific and the captive market distributed in Asian and South American area.
如今,保健品的开发成为支持心脏病水平的首要用途。动态有用性系统指的是作为卫生部门补充工作而出现的潜在市场。从市场导向的角度看,产品设备尤其是电子心电仪的差异化对技术创新有很大的影响。分析专利管理是一种工具,用于查看已经执行的技术,也被行业使用,基于捕捉市场需求,提供更具竞争力的产品模型。本文旨在通过世界知识产权组织(WIPO)注册的国际保健品专利数据库,从专利组合、许可、现状、竞争对手、创新和新兴市场监测等方面寻找相关信息,进行市场定位。该方法应用于论文中,使用软件Total Patent查看有关电子心电仪设备使用的更多信息,例如潜在的有用信息,通过领先的专利颁发机构与组成结果247个文件的113,612,014项注册专利。研究结果表明,中国专利发明、专利申请人和受益人主要来自美国、欧洲和亚太地区,垄断市场主要分布在亚洲和南美地区。
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引用次数: 1
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Journal of Business Valuation and Economic Loss Analysis
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