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Digital transformation, competitive strategy choices and firm value: evidence from China 数字化转型、竞争战略选择和企业价值:来自中国的证据
Pub Date : 2024-04-02 DOI: 10.1108/imds-03-2023-0172
Changman Ren, Xiaoxing Lin
PurposeThis research aims to examine the effects of corporate digital transformation on firm value, with a particular focus on the mediating roles played by cost leadership and differentiation strategies.Design/methodology/approachThis study employs word frequency analysis to create corporate digital transformation indicators and determine how corporate digital transformation impacts firm value. The data used in the analysis comes from 2,056 listed manufacturing enterprises in China between 2010 and 2019.FindingsThis study demonstrates that digital transformation has a favorable impact on firm value, and that cost leadership strategy and differentiation strategy significantly mediate the relationship between both of them.Research limitations/implicationsThis study utilized word frequency analysis to assess the state of corporate digital transformation. It lacked a more thorough description of internal production processes, operational efficiency, and the pace of digital transformation.Practical implicationsThe results of this study can not only promote the digital transformation and firm value, but also provide a theoretical basis for enterprises to choose a reasonable competitive strategy in the digital transformation.Originality/valueThis study contributes significantly to the field of firm value research by including digital transformation as a fundamental component. Furthermore, it investigates how cost leadership strategy and differentiation strategy play mediating roles, providing a new perspective and explanatory mechanism for understanding the influence of digital transformation on firm value.
目的本研究旨在探讨企业数字化转型对企业价值的影响,尤其关注成本领先战略和差异化战略所发挥的中介作用。设计/方法/途径本研究采用词频分析法创建企业数字化转型指标,并确定企业数字化转型如何影响企业价值。分析中使用的数据来自 2010 年至 2019 年期间中国的 2056 家上市制造企业。研究结果本研究表明,数字化转型对企业价值具有有利影响,而成本领先战略和差异化战略在很大程度上调解了两者之间的关系。研究局限性/意义本研究利用词频分析来评估企业数字化转型的状况。本研究的结果不仅能促进企业数字化转型和企业价值的提升,还能为企业在数字化转型中选择合理的竞争战略提供理论依据。原创性/价值本研究将数字化转型作为一个基本组成部分,为企业价值研究领域做出了重要贡献。此外,它还研究了成本领先战略和差异化战略如何发挥中介作用,为理解数字化转型对企业价值的影响提供了新的视角和解释机制。
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引用次数: 0
Assessing impacts of emergency industry demonstration on firm profitability: the role of blockchain strategies and technologies 评估应急产业示范对企业盈利能力的影响:区块链战略和技术的作用
Pub Date : 2024-03-26 DOI: 10.1108/imds-08-2023-0559
Yingjie Ju, Jianliang Yang, Jingping Ma, Yuehang Hou
PurposeThe objective of this study is to explore the impact of a government-supported initiative for operational security, specifically the establishment of the national security emergency industry demonstration base, on the profitability of local publicly traded companies. Additionally, the study investigates the significance of firms' blockchain strategies and technologies within this framework.Design/methodology/approachUsing the differences-in-differences (DID) approach, this study evaluates the impact of China's national security emergency industry demonstration bases (2015–2022) on the profitability of local firms. Data from the China Research Data Service (CNRDS) platform and investor Q&As informed our analysis of firms' blockchain strategy and technology, underpinned by detailed data collection and a robust DID model.FindingsEmergency industry demonstration bases have notably boosted enterprise profitability in both return on assets (ROA) and return on equity (ROE). Companies adopting blockchain strategies and operational technology see a clear rise in profitability over non-blockchain peers. Additionally, the technical operation of blockchain presents a more pronounced advantage than at the strategic level.Originality/valueWe introduced a new perspective, emphasizing the enhancement of corporate operational safety and financial performance through the pathway of emergency industry policies, driven by the collaboration between government and businesses. Furthermore, we delved into the potential application value of blockchain strategies and technologies in enhancing operational security and the emergency industry.
目的本研究旨在探讨政府支持的行动安全倡议(特别是建立国家安全应急产业示范基地)对本地上市公司盈利能力的影响。此外,本研究还探讨了在此框架下企业区块链战略和技术的意义。设计/方法/途径本研究采用差异法(DID)评估了中国国家安全应急产业示范基地(2015-2022 年)对地方企业盈利能力的影响。中国研究数据服务(CNRDS)平台和投资者问答中的数据为我们分析企业的区块链战略和技术提供了依据,并以详细的数据收集和稳健的 DID 模型为基础。采用区块链战略和运营技术的企业的盈利能力明显高于非区块链企业。此外,区块链的技术操作比战略层面的优势更加明显。原创性/价值我们引入了一个新的视角,强调在政府和企业的合作推动下,通过应急产业政策的途径来提升企业的运营安全和财务业绩。此外,我们还深入探讨了区块链战略和技术在加强运营安全和应急产业方面的潜在应用价值。
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引用次数: 0
Triple A supply chain management and sustainability 三重 A 供应链管理和可持续性
Pub Date : 2024-02-22 DOI: 10.1108/imds-10-2023-0756
Fu Jia, Kexin Li, Tianyu Zhang, Lujie Chen
PurposeSustainability is of growing significance in the contemporary business landscape as organizations strive to minimize their environmental impact and optimize supply chain (SC) operations. Gaining insights into the influence of Triple A SC practices on sustainable performance can offer valuable perspectives for practitioners and policymakers. This study aims to comprehensively review existing academic literature on Triple A supply chain management (SCM) and sustainability, examining its impact on sustainable performance while identifying key influencing factors.Design/methodology/approachThis review follows the six steps and 14 decisions of conducting a systematic literature review to comprehensively review 57 papers published between 2004 and 2023.FindingsBased on the content analysis of the selected papers, this study summarizes the antecedents, practices and outcomes of Triple A SCM, with a particular focus on its implications for sustainability. This paper builds a conceptual framework from the descriptive and thematic findings to enrich the relevant aspects of Triple A SCM.Originality/valueThis study establishes a connection between Triple A SCM and sustainable performance by examining its impact on economic, social and environmental aspects. This review identifies research gaps and acknowledges the lack of specificity in implementing Triple A SCM across diverse industries, regions and competitive markets with varying external environments. It emphasizes the necessity to customize approaches based on contextual factors and provides valuable recommendations for future research to advance the concept of Triple A SCM.
目的可持续发展在当代商业环境中越来越重要,因为企业都在努力将其对环境的影响降到最低,并优化供应链(SC)的运营。深入了解三重 A 供应链管理实践对可持续绩效的影响,可为从业人员和政策制定者提供有价值的视角。本研究旨在全面综述有关三重 A 供应链管理(SCM)和可持续发展的现有学术文献,研究其对可持续绩效的影响,同时确定关键的影响因素。研究结果本研究基于对所选论文的内容分析,总结了三重 A 供应链管理的前因、实践和结果,尤其关注其对可持续发展的影响。本论文从描述性和主题性研究结果中建立了一个概念框架,以丰富三重 A 标准作业管理的相关内容。原创性/价值本研究通过考察三重 A 标准作业管理对经济、社会和环境方面的影响,建立了三重 A 标准作业管理与可持续绩效之间的联系。本综述指出了研究空白,并承认在不同行业、地区和外部环境各异的竞争市场中实施三重 A 标准作业管理缺乏针对性。它强调了根据环境因素定制方法的必要性,并为未来研究提供了宝贵建议,以推进三重 A SCM 概念的发展。
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引用次数: 0
Is UGC sentiment helpful for recommendation? An application of sentiment-based recommendation model UGC 情感是否有助于推荐?基于情感的推荐模型的应用
Pub Date : 2024-02-16 DOI: 10.1108/imds-05-2023-0335
Mengyang Gao, Jun Wang, Ou Liu
PurposeGiven the critical role of user-generated content (UGC) in e-commerce, exploring various aspects of UGC can aid in understanding user purchase intention and commodity recommendation. Therefore, this study investigates the impact of UGC on purchase decisions and proposes new recommendation models based on sentiment analysis, which are verified in Douban, one of the most popular UGC websites in China.Design/methodology/approachAfter verifying the relationship between various factors and product sales, this study proposes two models, collaborative filtering recommendation model based on sentiment (SCF) and hidden factors topics recommendation model based on sentiment (SHFT), by combining traditional collaborative filtering model (CF) and hidden factors topics model (HFT) with sentiment analysis.FindingsThe results indicate that sentiment significantly influences purchase intention. Furthermore, the proposed sentiment-based recommendation models outperform traditional CF and HFT in terms of mean absolute error (MAE) and root mean square error (RMSE). Moreover, the two models yield different outcomes for various product categories, providing actionable insights for organizers to implement more precise recommendation strategies.Practical implicationsThe findings of this study advocate the incorporation of UGC sentimental factors into websites to heighten recommendation accuracy. Additionally, different recommendation strategies can be employed for different products types.Originality/valueThis study introduces a novel perspective to the recommendation algorithm field. It not only validates the impact of UGC sentiment on purchase intention but also evaluates the proposed models with real-world data. The study provides valuable insights for managerial decision-making aimed at enhancing recommendation systems.
目的鉴于用户生成内容(UGC)在电子商务中的关键作用,探索 UGC 的各个方面有助于了解用户的购买意向和商品推荐。因此,本研究调查了 UGC 对购买决策的影响,并提出了基于情感分析的新推荐模型,这些模型在豆瓣(中国最受欢迎的 UGC 网站之一)上得到了验证。在验证了各种因素与产品销售之间的关系后,本研究通过将传统的协同过滤模型(CF)和隐藏因素主题模型(HFT)与情感分析相结合,提出了两种模型,即基于情感的协同过滤推荐模型(SCF)和基于情感的隐藏因素主题推荐模型(SHFT)。此外,所提出的基于情感的推荐模型在平均绝对误差(MAE)和均方根误差(RMSE)方面优于传统的 CF 和 HFT。此外,这两种模型对不同的产品类别产生了不同的结果,为组织者实施更精确的推荐策略提供了可操作的见解。原创性/价值本研究为推荐算法领域引入了一个新的视角。它不仅验证了 UGC 情感对购买意向的影响,还利用真实世界的数据对所提出的模型进行了评估。该研究为旨在增强推荐系统的管理决策提供了有价值的见解。
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引用次数: 0
Is UGC sentiment helpful for recommendation? An application of sentiment-based recommendation model UGC 情感是否有助于推荐?基于情感的推荐模型的应用
Pub Date : 2024-02-16 DOI: 10.1108/imds-05-2023-0335
Mengyang Gao, Jun Wang, Ou Liu
PurposeGiven the critical role of user-generated content (UGC) in e-commerce, exploring various aspects of UGC can aid in understanding user purchase intention and commodity recommendation. Therefore, this study investigates the impact of UGC on purchase decisions and proposes new recommendation models based on sentiment analysis, which are verified in Douban, one of the most popular UGC websites in China.Design/methodology/approachAfter verifying the relationship between various factors and product sales, this study proposes two models, collaborative filtering recommendation model based on sentiment (SCF) and hidden factors topics recommendation model based on sentiment (SHFT), by combining traditional collaborative filtering model (CF) and hidden factors topics model (HFT) with sentiment analysis.FindingsThe results indicate that sentiment significantly influences purchase intention. Furthermore, the proposed sentiment-based recommendation models outperform traditional CF and HFT in terms of mean absolute error (MAE) and root mean square error (RMSE). Moreover, the two models yield different outcomes for various product categories, providing actionable insights for organizers to implement more precise recommendation strategies.Practical implicationsThe findings of this study advocate the incorporation of UGC sentimental factors into websites to heighten recommendation accuracy. Additionally, different recommendation strategies can be employed for different products types.Originality/valueThis study introduces a novel perspective to the recommendation algorithm field. It not only validates the impact of UGC sentiment on purchase intention but also evaluates the proposed models with real-world data. The study provides valuable insights for managerial decision-making aimed at enhancing recommendation systems.
目的鉴于用户生成内容(UGC)在电子商务中的关键作用,探索 UGC 的各个方面有助于了解用户的购买意向和商品推荐。因此,本研究调查了 UGC 对购买决策的影响,并提出了基于情感分析的新推荐模型,这些模型在豆瓣(中国最受欢迎的 UGC 网站之一)上得到了验证。在验证了各种因素与产品销售之间的关系后,本研究通过将传统的协同过滤模型(CF)和隐藏因素主题模型(HFT)与情感分析相结合,提出了两种模型,即基于情感的协同过滤推荐模型(SCF)和基于情感的隐藏因素主题推荐模型(SHFT)。此外,所提出的基于情感的推荐模型在平均绝对误差(MAE)和均方根误差(RMSE)方面优于传统的 CF 和 HFT。此外,这两种模型对不同的产品类别产生了不同的结果,为组织者实施更精确的推荐策略提供了可操作的见解。原创性/价值本研究为推荐算法领域引入了一个新的视角。它不仅验证了 UGC 情感对购买意向的影响,还利用真实世界的数据对所提出的模型进行了评估。该研究为旨在增强推荐系统的管理决策提供了有价值的见解。
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引用次数: 0
Investigating the effects of gamification affordances on users’ green intrinsic motivation: a cognitive evaluation perspective 从认知评价的角度研究游戏化负担能力对用户绿色内在动机的影响
Pub Date : 2024-02-16 DOI: 10.1108/imds-12-2022-0753
Sihan Cheng, Cong Cao
PurposeBased on cognitive evaluation theory and gamification affordances, this study aims to understand how gamification affordances influence users’ intention to engage in sustainable behaviour and how new trends in Ant Forest influence its impact on green intrinsic motivation to support sustainable behaviours.Design/methodology/approachThe authors developed a research model to explore the mechanisms underlying gamification affordances, psychological needs and green intrinsic motivation. Partial least squares structural equation modelling was used to assess the survey data (n = 393) and test the research model.FindingsThe results show that different gamification affordances can satisfy users’ needs for autonomy, competence and relatedness, which positively influences their green intrinsic motivation and engagement in sustainable behaviours. However, some affordances, such as competition, might negatively impact these psychological needs.Originality/valueThis research updates information system research on environmental sustainability and the Ant Forest context. The authors provide a new framework that links gamification affordances, psychological needs and sustainable behaviour. The study also examines changing trends in Ant Forest and their implications.
目的基于认知评价理论和游戏化承受能力,本研究旨在了解游戏化承受能力如何影响用户参与可持续行为的意愿,以及蚂蚁森林的新趋势如何影响支持可持续行为的绿色内在动机。研究结果表明,不同的游戏化能力可以满足用户对自主性、能力和相关性的需求,这对他们的绿色内在动机和参与可持续行为产生了积极影响。然而,一些游戏化功能(如竞争)可能会对这些心理需求产生负面影响。作者提供了一个新的框架,将游戏化能力、心理需求和可持续行为联系起来。研究还探讨了蚂蚁森林的变化趋势及其影响。
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引用次数: 0
Investigating the effects of gamification affordances on users’ green intrinsic motivation: a cognitive evaluation perspective 从认知评价的角度研究游戏化负担能力对用户绿色内在动机的影响
Pub Date : 2024-02-16 DOI: 10.1108/imds-12-2022-0753
Sihan Cheng, Cong Cao
PurposeBased on cognitive evaluation theory and gamification affordances, this study aims to understand how gamification affordances influence users’ intention to engage in sustainable behaviour and how new trends in Ant Forest influence its impact on green intrinsic motivation to support sustainable behaviours.Design/methodology/approachThe authors developed a research model to explore the mechanisms underlying gamification affordances, psychological needs and green intrinsic motivation. Partial least squares structural equation modelling was used to assess the survey data (n = 393) and test the research model.FindingsThe results show that different gamification affordances can satisfy users’ needs for autonomy, competence and relatedness, which positively influences their green intrinsic motivation and engagement in sustainable behaviours. However, some affordances, such as competition, might negatively impact these psychological needs.Originality/valueThis research updates information system research on environmental sustainability and the Ant Forest context. The authors provide a new framework that links gamification affordances, psychological needs and sustainable behaviour. The study also examines changing trends in Ant Forest and their implications.
目的基于认知评价理论和游戏化承受能力,本研究旨在了解游戏化承受能力如何影响用户参与可持续行为的意愿,以及蚂蚁森林的新趋势如何影响支持可持续行为的绿色内在动机。研究结果表明,不同的游戏化能力可以满足用户对自主性、能力和相关性的需求,这对他们的绿色内在动机和参与可持续行为产生了积极影响。然而,一些游戏化功能(如竞争)可能会对这些心理需求产生负面影响。作者提供了一个新的框架,将游戏化能力、心理需求和可持续行为联系起来。研究还探讨了蚂蚁森林的变化趋势及其影响。
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引用次数: 0
Enterprise social media and knowledge creation capability: a comparison between pre- and post-COVID-19 pandemic 企业社交媒体与知识创造能力:COVID-19 大流行前后的比较
Pub Date : 2024-02-15 DOI: 10.1108/imds-05-2023-0300
Jing Dai, Dong Xu, Jinan Shao, Jia Jia Lim, Wuyue Shangguan
PurposeDrawing upon the theory of communication visibility, this research intends to investigate the direct effect of enterprise social media (ESM) usage on team members’ knowledge creation capability (KCC) and the mediating effects of psychological safety and team identification. In addition, it aims to untangle how the efficacy of ESM usage varies between pre- and post-COVID-19 periods.Design/methodology/approachUsing two-wave survey data from 240 members nested within 60 teams, this study utilizes a multilevel approach to test the proposed hypotheses.FindingsWe discover that ESM usage enhances team members’ KCC. More importantly, the results show that psychological safety and team identification mediate the ESM–KCC linkage. Interestingly, we further find that the impacts of ESM usage on team members’ KCC, psychological safety, and team identification are stronger in the pre-COVID-19 period than those in the post-COVID-19 period.Originality/valueThis research sheds light on the ESM literature by unraveling the mechanisms of psychological safety and team identification underlying the linkage between ESM usage and team members’ KCC. Moreover, it advances our understanding of the differential efficacy of ESM usage in pre- and post-COVID-19 periods.
目的本研究以传播可见性理论为基础,旨在探讨企业社交媒体(ESM)的使用对团队成员知识创造能力(KCC)的直接影响,以及心理安全和团队认同的中介效应。设计/方法/途径本研究利用嵌套在 60 个团队中的 240 名成员的两波调查数据,采用多层次方法对提出的假设进行检验。研究结果我们发现,ESM 的使用增强了团队成员的知识创造能力。更重要的是,研究结果表明,心理安全和团队认同是 ESM-KCC 联系的中介。有趣的是,我们进一步发现,ESM 的使用对团队成员 KCC、心理安全和团队认同的影响在前 COVID-19 时期比在后 COVID-19 时期更大。此外,该研究还加深了我们对在《19 世纪性别暴力与发展议程》之前和之后使用 ESM 的不同效果的理解。
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引用次数: 0
Perceived interactivity in real estate APP increases consumers' psychological well-being: a moderated mediation model 房地产 APP 中的互动感知会增加消费者的心理幸福感:调节中介模型
Pub Date : 2024-02-15 DOI: 10.1108/imds-09-2023-0623
Maosheng Yang, Lei Feng, Honghong Zhou, Shih-Chih Chen, Ming K. Lim, Ming-Lang Tseng
PurposeThis study aims to empirically analyse the influence mechanism of perceived interactivity in real estate APP which affects consumers' psychological well-being. With the growing application of human–machine interaction in real estate APP, it is crucial to utilize human–machine interaction to stimulate perceived interactivity between humans and machines to positively impact consumers' psychological well-being and sustainable development of real estate APP. However, it is unclear whether perceived interactivity improves consumers' psychological well-being.Design/methodology/approachThis study proposes and examines a theoretical model grounded in the perceived interactivity theory, considers the relationship between perceived interactivity and consumers' psychological well-being and explores the mediating effect of perceived value and the moderating role of privacy concerns. It takes real estate APP as the research object, analyses the data of 568 consumer samples collected through questionnaires and then employs structural equation modelling to explore and examine the proposed theoretical model of this study.FindingsThe findings are that perceived interactivity (i.e. human–human interaction and human–information interaction) positively influences perceived value, which in turn affects psychological well-being, and that perceived value partially mediates the effect of perceived interaction on psychological well-being. More important findings are that privacy concerns not only negatively moderate human–information interaction on perceived value, but also negatively moderate the indirect effects of human–information interaction on users' psychological well-being through perceived value.Originality/valueThis study expands the context on perceived interaction and psychological well-being in the field of real estate APP, validating the mediating role and boundary conditions of perceived interactivity created by human–machine interaction on consumers' psychological well-being, and suggesting positive implications for practitioners exploring human–machine interaction technologies to improve the perceived interaction between humans and machines and thus enhance consumer psychological well-being and span sustainable development of real estate APP.
目的 本研究旨在实证分析房地产 APP 中感知互动性对消费者心理健康的影响机制。随着人机交互在房地产 APP 中的应用日益广泛,利用人机交互激发人机之间的感知互动性,对消费者心理健康和房地产 APP 的可持续发展产生积极影响至关重要。本研究以感知交互性理论为基础,提出并研究了一个理论模型,探讨了感知交互性与消费者心理健康之间的关系,并探讨了感知价值的中介效应和隐私关注的调节作用。研究以房地产 APP 为研究对象,对通过问卷调查收集的 568 个消费者样本数据进行分析,然后采用结构方程模型对本研究提出的理论模型进行探索和检验。研究结果研究结果表明,感知互动性(即人与人之间的互动和人与信息之间的互动)对感知价值产生正向影响,而感知价值又反过来影响心理幸福感,并且感知价值部分中介了感知互动性对心理幸福感的影响。更重要的发现是,隐私问题不仅负向调节人与信息互动对感知价值的影响,而且负向调节人与信息互动通过感知价值对用户心理健康的间接影响。原创性/价值 本研究拓展了房地产APP领域感知交互与心理健康的研究背景,验证了人机交互所产生的感知交互性对消费者心理健康的中介作用和边界条件,为从业者探索人机交互技术,改善人机之间的感知交互,进而提升消费者心理健康水平,促进房地产APP的可持续发展提供了积极意义。
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引用次数: 0
Enterprise social media and knowledge creation capability: a comparison between pre- and post-COVID-19 pandemic 企业社交媒体与知识创造能力:COVID-19 大流行前后的比较
Pub Date : 2024-02-15 DOI: 10.1108/imds-05-2023-0300
Jing Dai, Dong Xu, Jinan Shao, Jia Jia Lim, Wuyue Shangguan
PurposeDrawing upon the theory of communication visibility, this research intends to investigate the direct effect of enterprise social media (ESM) usage on team members’ knowledge creation capability (KCC) and the mediating effects of psychological safety and team identification. In addition, it aims to untangle how the efficacy of ESM usage varies between pre- and post-COVID-19 periods.Design/methodology/approachUsing two-wave survey data from 240 members nested within 60 teams, this study utilizes a multilevel approach to test the proposed hypotheses.FindingsWe discover that ESM usage enhances team members’ KCC. More importantly, the results show that psychological safety and team identification mediate the ESM–KCC linkage. Interestingly, we further find that the impacts of ESM usage on team members’ KCC, psychological safety, and team identification are stronger in the pre-COVID-19 period than those in the post-COVID-19 period.Originality/valueThis research sheds light on the ESM literature by unraveling the mechanisms of psychological safety and team identification underlying the linkage between ESM usage and team members’ KCC. Moreover, it advances our understanding of the differential efficacy of ESM usage in pre- and post-COVID-19 periods.
目的本研究以传播可见性理论为基础,旨在探讨企业社交媒体(ESM)的使用对团队成员知识创造能力(KCC)的直接影响,以及心理安全和团队认同的中介效应。设计/方法/途径本研究利用嵌套在 60 个团队中的 240 名成员的两波调查数据,采用多层次方法对提出的假设进行检验。研究结果我们发现,ESM 的使用增强了团队成员的知识创造能力。更重要的是,研究结果表明,心理安全和团队认同是 ESM-KCC 联系的中介。有趣的是,我们进一步发现,ESM 的使用对团队成员 KCC、心理安全和团队认同的影响在前 COVID-19 时期比在后 COVID-19 时期更大。此外,该研究还加深了我们对在《19 世纪性别暴力与发展议程》之前和之后使用 ESM 的不同效果的理解。
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引用次数: 0
期刊
Industrial Management & Data Systems
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