A differences-in-differences (DID) model and financial data from Chinese listed firms from 2011 to 2019 are used to empirically investigate the effects of the digital economy on corporate financial asset holdings using the "Broadband China" policy as a quasi-natural experiment. After robustness testing and heterogeneity effects are disposed of, the digital economy dramatically boosts corporate financial asset holdings. According to the channel analysis, the digital economy can reduce corporate financing constraints and boost corporate financial asset holdings, notably based on speculative demand. Heterogeneity analysis shows that the digital economy has a greater impact on corporate financial asset holdings for firms with higher market competition, small-scale firms with a short-listed age, and firms in the western region. This paper provides policy guidance for enterprises returning to the real economy.
{"title":"Has the development of the digital economy increased corporate financial asset holdings? --A quasi-natural experiment based on the \"Broadband China\" policy","authors":"Xiuhai Huang, Zhenyu Xu","doi":"10.58567/jes02010002","DOIUrl":"https://doi.org/10.58567/jes02010002","url":null,"abstract":"<p class=\"MsoNormal\" style=\"margin-top: 12pt; text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">A differences-in-differences (DID) model and financial data from Chinese listed firms from 2011 to 2019 are used to empirically investigate the effects of the digital economy on corporate financial asset holdings using the \"Broadband China\" policy as a quasi-natural experiment. After robustness testing and heterogeneity effects are disposed of, the digital economy dramatically boosts corporate financial asset holdings. According to the channel analysis, the digital economy can reduce corporate financing constraints and boost corporate financial asset holdings, notably based on speculative demand. Heterogeneity analysis shows that the digital economy has a greater impact on corporate financial asset holdings for firms with higher market competition, small-scale firms with a short-listed age, and firms in the western region. This paper provides policy guidance for enterprises returning to the real economy.</span></p>","PeriodicalId":508696,"journal":{"name":"Journal of Economic Statistics","volume":" 70","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139621154","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Purpose: To realize the benefits a Quality Management System (QMS), an organization needs to effectively implement its principles. This includes embracing these principles within an enabling environment. Hence, organizational structure is a critical success factor for adopting quality management systems. This paper aims at understanding how the organizational structure impacts ISO 9001 QMS implementation and vise versa, besides exploring how quality management initiatives affect organizational resilience through parts.Design/methodology/approach: The research deploys a qualitative methodology, with an outsider-insider approach. 32 semi-structured interviews were conducted, plus one final reflective interview. Interview questions dealt with structural constructs: communication, employee engagement, employee empowerment, process/routine-orientation, multidisciplinarity, cross-functionality, expertise-utilization and change-readiness. The questions also dealt with how the organizational structure impacted ISO 9001 implementation and vice versa. Findings: The results show that ISO 9001 implementation was more successful and fruitful under process-orientation and to some degree under semi-process orientation, while it looked inconsistent under routine-orientation. This indicates a significant role played by the organizational structure when it comes to ISO 9001 implementation. More importantly, the results also demonstrate that ISO 9001 implementation managed to improve organizational resilience by consistently driving the organizational structure toward higher levels of process-orientation for process-oriented units, whereas it failed to realize such impact for routine-oriented units. Originality/value: This study is unique as it is the first - within the reviewed literature - to examine the moderating role of the organizational structure between the ISO 9001 standard and organizational resilience. It draws a roadmap for the successful realization of organizational resilience through quality management systems, considering organizational structure constructs.
目的:为实现质量管理体系(QMS)的效益,组织需要有效地执行其原则。这包括在有利的环境中贯彻这些原则。因此,组织结构是采用质量管理体系的关键成功因素。本文旨在了解组织结构如何影响 ISO 9001 质量管理体系的实施,反之亦然,此外还探讨质量管理措施如何通过零部件影响组织的应变能力。设计/方法/途径:本研究采用定性方法,采用局外人-局内人方法。共进行了 32 次半结构化访谈,以及最后一次反思性访谈。访谈问题涉及结构性因素:沟通、员工参与、员工授权、流程/程序导向、多学科性、跨职能性、专业知识利用和变革准备。问题还涉及组织结构如何影响 ISO 9001 的实施,反之亦然。研究结果:结果表明,在以流程为导向的组织结构下,ISO 9001 的实施更为成功和富有成效,在一定程度上,在半流程导向的组织结构下,ISO 9001 的实施也更为成功和富有成效,而在常规导向的组织结构下,ISO 9001 的实施则显得不一致。这表明,在 ISO 9001 的实施过程中,组织结构发挥了重要作用。更重要的是,研究结果还表明,对于以流程为导向的单位来说,ISO 9001 的实施能够持续推动组织结构向更高水平的流程导向发展,从而提高组织的应变能力;而对于以常规为导向的单位来说,ISO 9001 的实施却未能产生这种影响。原创性/价值:本研究是一项独特的研究,因为它是在所查阅的文献中首次研究组织结构在 ISO 9001 标准与组织复原力之间的调节作用。考虑到组织结构构建因素,本研究为通过质量管理体系成功实现组织复原力绘制了路线图。
{"title":"The Moderating Role of Organizational Structure Between Quality Management Systems and Organizational Resilience","authors":"Mohammed Al Balushi","doi":"10.58567/jes02010001","DOIUrl":"https://doi.org/10.58567/jes02010001","url":null,"abstract":"<p class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\"><strong><span lang=\"EN-US\">Purpose:</span></strong><span lang=\"EN-US\"> To realize the benefits a Quality Management System (QMS), an organization needs to effectively implement its principles. This includes embracing these principles within an enabling environment. Hence, organizational structure is a critical success factor for adopting quality management systems. </span><span lang=\"EN\" style=\"mso-ansi-language: EN;\">This paper aims at understanding how the organizational structure impacts ISO 9001 QMS implementation and vise versa, besides exploring how quality management initiatives affect organizational resilience through parts.</span> <span lang=\"EN-US\">Design/methodology/approach: The research deploys a qualitative methodology, with an outsider-insider approach. 32 semi-structured interviews were conducted, plus one final reflective interview. Interview questions dealt with structural constructs: communication, employee engagement, employee empowerment, process/routine-orientation, multidisciplinarity, cross-functionality, expertise-utilization and change-readiness. The questions also dealt with how the organizational structure impacted ISO 9001 implementation and vice versa. <strong>Findings: </strong>The results show that ISO 9001 implementation was more successful and fruitful under process-orientation and to some degree under semi-process orientation, while it looked inconsistent under routine-orientation. This indicates a significant role played by the organizational structure when it comes to ISO 9001 implementation. More importantly, the results also demonstrate that ISO 9001 implementation managed to improve organizational resilience by consistently driving the organizational structure toward higher levels of process-orientation for process-oriented units, whereas it failed to realize such impact for routine-oriented units. <strong>Originality/value:</strong> This study is unique as it is the first - within the reviewed literature - to examine the moderating role of the organizational structure between the ISO 9001 standard and organizational resilience. It draws a roadmap for the successful realization of organizational resilience through quality management systems, considering organizational structure constructs.</span></span></p>","PeriodicalId":508696,"journal":{"name":"Journal of Economic Statistics","volume":" 3","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139624423","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The aim of this study is to solve the problem of labor allocation in cases where the company has fewer employees than the number of existing jobs based on the evaluation of work quality according to multiple objectives. Optimizing labor allocation not only benefits the company by maximizing the use of human resources, but also saves employees' energy. In addition, employees are assigned to tasks that match their skills and qualifications, maximizing their productivity. The research results show that the multi-objective decision-making algorithm based on the Hungarian algorithm is a suitable method to help leaders of companies solve the aforementioned problem text.
{"title":"Optimizing Labor Allocation based on Multiobjective Decision Making Using Improved Hungarian Algorithm","authors":"Tram B.T Tran, Hien Hoang Phuoc Nguyen","doi":"10.58567/jes01030002","DOIUrl":"https://doi.org/10.58567/jes01030002","url":null,"abstract":"<p class=\"MsoNormal\" style=\"margin-top: 12pt; text-align: justify;\"><span lang=\"EN-US\" style=\"font-family: arial, helvetica, sans-serif;\">The aim of this study is to solve the problem of labor allocation in cases where the company has fewer employees than the number of existing jobs based on the evaluation of work quality according to multiple objectives. Optimizing labor allocation not only benefits the company by maximizing the use of human resources, but also saves employees' energy. In addition, employees are assigned to tasks that match their skills and qualifications, maximizing their productivity. The research results show that the multi-objective decision-making algorithm based on the Hungarian algorithm is a suitable method to help leaders of companies solve the aforementioned problem text.</span></p>","PeriodicalId":508696,"journal":{"name":"Journal of Economic Statistics","volume":"58 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139181387","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}