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The impact of executive board gender diversity, R&D investment, marketing expenses on company performance in the healthcare industry 医疗保健行业执行董事会性别多样性、研发投资、营销费用对公司业绩的影响
Pub Date : 2022-01-02 DOI: 10.1080/15475778.2022.2051397
Anthony S. C. Tsui, Bernard Lee, O. H. Yau
Abstract There has been an increasing devotion to the gender balance on executive boards in China. There has been an assumption that increasing the proportion of women in the highest jobs will improve company performance and corporate governance. This research paper tests this assumption by studying a sample of 305 publicly listed healthcare companies in China in the period 2016–2019. We find that the choice of gender for board chair and CEO has a more impact on company performance than merely increasing the proportion of women on boards. Assessing the impact on company performance of different gender composition of board chairs and CEOs, we use an innovative approach to measure the relationship, using a proxy measurement in R&D, sales, and marketing expenses.
摘要中国执行董事会越来越重视性别平衡。有一种假设认为,提高女性在最高职位上的比例将改善公司业绩和公司治理。本文通过研究2016年至2019年期间中国305家上市医疗保健公司的样本,检验了这一假设。我们发现,董事会主席和首席执行官的性别选择对公司业绩的影响比仅仅增加董事会中女性的比例更大。在评估董事会主席和首席执行官的不同性别构成对公司业绩的影响时,我们使用了一种创新的方法来衡量这种关系,在研发、销售和营销费用方面使用了代理衡量。
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引用次数: 3
The Journal of Transnational Management and the IMDA 《跨国管理杂志》与IMDA
Pub Date : 2022-01-02 DOI: 10.1080/15475778.2022.2054509
K. Becker
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引用次数: 0
Internationalization as an integrated process: Evidence from SMEs in Lusophone Africa 作为一个综合过程的国际化:来自葡语非洲中小企业的证据
Pub Date : 2022-01-02 DOI: 10.1080/15475778.2022.2073153
Marcus Goncalves
Abstract This study focuses on extant internationalization theories, attempting to elucidate the entry modes adopted by Lusophone African SMEs. It offers a critical overview of the leading frameworks, focusing on their primary attributes, challenges, and pitfalls in depicting similarities in the internationalization process and shortfalls in entry mode predictions. Based on the author’s challenges when investigating 29 Lusophone African SMEs in Mozambique and Angola in 2016, an integrated and more holistic framework for internationalization is proposed. It considers advancements in ICT and business digitalization via the internet, web-enabled tools, and platforms, including social media and online professional communities of practices.
摘要本研究以现有的国际化理论为基础,试图对非洲葡语中小企业的进入模式进行分析。它提供了主要框架的关键概述,重点关注它们的主要属性、挑战和陷阱,以描述国际化过程中的相似性和进入模式预测中的不足。基于笔者在2016年对莫桑比克和安哥拉29家葡语非洲中小企业进行调查时所遇到的挑战,提出了一个更综合、更全面的国际化框架。它考虑了通过互联网、网络工具和平台(包括社交媒体和在线专业实践社区)在信息通信技术和商业数字化方面的进步。
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引用次数: 1
Private capital inflows, institutions and economic growth in Africa 非洲的私人资本流入、机构和经济增长
Pub Date : 2021-10-02 DOI: 10.1080/15475778.2021.2009302
F. Anetor, S. O. Akinleye, F. Ayadi
Abstract The study examines the relationship between private capital inflows (foreign direct investment and remittances), institutions and economic growth in a panel of 45 African countries from 2002 to 2018. Using the system generalized method of moments (SGMM), the study found that foreign direct investment inflows (FDI) have a significant and positive impact on economic growth in Africa. However, remittances exert no significant impact on economic growth. The study further analyzed the moderating role of institutions in the relationship between private capital inflows and economic growth by examining the impact of the interactions between private capital inflows and institutions on economic growth. The study concluded that the coefficient(s) of the interplay between FDI and institutional variables is negative and statistically significant presupposing that institutions in Africa do not complement FDI inflows in driving economic growth. In the same vein, the coefficient of the interactive variables between remittances and institutions (regulatory requirement) is negative and significant indicating that remittances and institutions are substitutes rather than complements. The implication of the study, therefore, lies in the fact that institutions in Africa are weak and as a result cannot play a supportive role in reaping the positive spillovers of private capital flows to Africa.
摘要该研究考察了2002年至2018年45个非洲国家的私人资本流入(外国直接投资和汇款)、机构与经济增长之间的关系。利用系统广义矩方法(SGMM),研究发现外国直接投资流入对非洲经济增长具有显著而积极的影响。然而,汇款对经济增长没有重大影响。该研究通过考察私人资本流入和制度对经济增长的影响,进一步分析了制度在私人资本流入与经济增长之间关系中的调节作用。该研究得出结论,外国直接投资和制度变量之间的相互作用系数是负的,具有统计学意义,假设非洲的制度在推动经济增长方面不能补充外国直接投资流入。同样,汇款和机构之间的互动变量系数(监管要求)是负的,意义重大,表明汇款和机构是替代品,而不是补充品。因此,这项研究的意义在于,非洲的机构薄弱,因此无法在获得私人资本流入非洲的积极溢出方面发挥支持作用。
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引用次数: 1
Implications of macroeconomic stability for Africa’s free trade agreements in the ECOWAS region: A monetary perspective 宏观经济稳定对西非经共体区域非洲自由贸易协定的影响:货币视角
Pub Date : 2021-10-02 DOI: 10.1080/15475778.2021.2006961
J. Yaqub, Stanley Emife Nwani, Adanma Gladys Tashie
Abstract Macroeconomic stabilization frameworks have implications for free trade agreements. Earlier studies on free trade agreement in Africa ignored the ECOWAS sub-region. This study analyzed the effects of macroeconomic variables on free trade agreements in five topmost ECOWAS trading economies. The result revealed that the ECOWAS region does not require a single currency to optimize the benefits from free trade agreements. Besides, the trade creation effect exists through the impact of unemployment on free trade agreements. In conclusion, inflation targeting policy would accentuate the gains from free trade agreement while the single currency is not required for free trade to flourish.
摘要宏观经济稳定框架对自由贸易协定具有影响。早些时候关于非洲自由贸易协定的研究忽略了西非经共体次区域。本研究分析了西非经共体五个最高贸易经济体的宏观经济变量对自由贸易协定的影响。结果显示,西非经共体地区不需要单一货币来优化自由贸易协定带来的好处。此外,贸易创造效应是通过失业对自由贸易协定的影响而存在的。总之,通胀目标政策将突出自由贸易协定的收益,而自由贸易的繁荣并不需要单一货币。
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引用次数: 0
An analysis of factors influencing organizational structure in two East Asian nations 两个东亚国家组织结构影响因素分析
Pub Date : 2021-10-02 DOI: 10.1080/15475778.2021.2009300
A. Krishnamoorthy, Patrick J. Holladay
Abstract The purpose of this paper is to investigate the link between culture, history, government policies and the development of economic institutions. Specifically, the paper discusses the impact that history and culture, including the influence of Confucianism, have played in shaping the economic institutions of South Korea and the People’s Republic of China. Research results indicate that culture, history and government policies all played a role in shaping the organizational structure of these two East Asian nations. However, China’s economic landscape is dominated by small and medium-sized, family-oriented firms, particularly in the rural parts of the country. The South Korean economic landscape, on the other hand, is dominated by large conglomerate firms called Chaebols which are also dominated by one family.
摘要本文旨在探讨文化、历史、政府政策与经济制度发展之间的联系。具体而言,本文讨论了历史和文化,包括儒家思想的影响,在塑造韩国和中华人民共和国的经济制度方面发挥的作用。研究结果表明,文化、历史和政府政策都对这两个东亚国家的组织结构起到了塑造作用。然而,中国的经济格局主要是以家庭为导向的中小型企业,尤其是在农村地区。另一方面,韩国的经济格局由名为Chaebolls的大型企业集团主导,这些企业集团也由一个家族主导。
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引用次数: 0
The Journal of Transnational Management and the IMDA 跨国管理杂志和IMDA
Pub Date : 2021-10-02 DOI: 10.1080/15475778.2021.2010351
K. Becker
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引用次数: 0
Local response to global crisis – the effect of COVID-19 pandemic on SMEs and government export assistance programs in Central California 本地应对全球危机——2019冠状病毒病大流行对加州中部中小企业和政府出口援助计划的影响
Pub Date : 2021-10-02 DOI: 10.1080/15475778.2021.1989566
Huijun Xia, Emil Milevoj, M. Goncalves
Abstract This study focuses on the effectiveness of export assistance programs (EAPs) perceived by the SMEs in Central California before and during the Covid-19 pandemic. Through the survey data and semi-structured interviews conducted with representatives from community banks and related government agencies, we find that EAPs were perceived less effective in financial support, information services, export facilitating, and education and training-related programs during the pandemic. Meanwhile, SMEs engaged in international trade more actively sought government assistance benefits, including the Paycheck Protection Program and Economic Injury Disaster Loan during the pandemic, besides EAPs such as Export Credit Insurance.
摘要本研究的重点是新冠肺炎大流行之前和期间,中加利福尼亚州中小企业对出口援助计划(EAPs)的有效性。通过对社区银行和相关政府机构代表的调查数据和半结构化访谈,我们发现,在疫情期间,EAP在金融支持、信息服务、出口便利以及教育和培训相关项目方面的效果较差。与此同时,从事国际贸易的中小企业更积极地寻求政府援助福利,包括疫情期间的工资支票保护计划和经济伤害灾难贷款,以及出口信用保险等EAP。
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引用次数: 4
The Journal of Transnational Management and the IMDA 跨国管理杂志和IMDA
Pub Date : 2021-07-03 DOI: 10.1080/15475778.2021.1962630
K. Becker
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引用次数: 0
Transformation of the legal mechanism of taxation as a factor of influence on strategic planning of budgetary policy: Russia case study 税收法律机制的转变是预算政策战略规划的影响因素——以俄罗斯为例
Pub Date : 2021-07-03 DOI: 10.1080/15475778.2021.1989565
I. Tsindeliani, Anatoliy Selyukov, V. Kikavets, T. Vershilo, E. Tregubova, Oksana Babayan, Bator G. Badmaev, Sergey Shorin
Abstract The article considers the global economy digitalization impact on public tax administration and analyzes the use of strategic approaches to the formation of fiscal policy in Russia in their relationship with the corresponding approaches of foreign countries. Using the comparative legal method, the study examines the issue of determining the impact of various management tools on improving the efficiency of the state budget. A macroeconomic assessment of the effectiveness of the digital tax administration is carried out and its institutional development stages are highlighted. Digital technologies ensure the taxes and other obligatory payments collection increase, reducing labor costs for tax control, and reducing an administrative burden on business. The main digital transformation approaches of the modern tax system are considered, new innovative developments and digital technologies in Russia are highlighted.
摘要本文考虑了全球经济数字化对公共税收管理的影响,并分析了俄罗斯财政政策形成的战略方法与国外相应方法的关系。本研究采用比较法律方法,考察了确定各种管理工具对提高国家预算效率的影响的问题。对数字税务管理的有效性进行了宏观经济评估,并强调了其制度发展阶段。数字技术确保了税收和其他强制性付款的增加,降低了税收控制的劳动力成本,并减轻了企业的行政负担。考虑了现代税收制度的主要数字化转型途径,重点介绍了俄罗斯的新创新发展和数字技术。
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引用次数: 8
期刊
Journal of Transnational Management
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