International Journal of Business Competition and Growth (8 papers in press)
Value Maximization Strategies for High-Tech Firms: Managing Growth across Borders
by Belle Selene Xia
Abstract: In the present study, we aim to evaluate the growth strategies in terms of internationalization and business scope expansion for high-tech firms operating in the technology industry. Our paper focus on the dynamic nature of growth and market dominance based on the management insights from a global oligopoly. Our research problem is what are the value maximization strategies for high-tech firms to manage growth? We will elaborate on the concept of growth and detail some of the aspects in managing growth by formulating a framework for achieving market domination. The scope of our study takes into account the evolution of oligopolies and the technology industry. As a result, growth strategies that well address the firm structure as well as the surrounding environment are decisive in gaining market dominance. The agile use of strategic alliances is found to be one of the most effective means of growth when entering foreign markets.
Keywords: growth; internationalization; business scope expansion; strategic management; innovation.
Development of Implementation Strategies for Offsite Construction Techniques (OCT) in the Kingdom of Saudi Arabia
by Malik Khalfan, Yasir Almutairi, M. Arif
Abstract: Offsite construction is considered as a new method of building in Saudi Arabia in comparison to other countries. The aim of this research was to examine the main factors affecting offsite construction in Saudi Arabia in order to propose a feasible strategy for its wider implementation. The broad range of factors affecting the impact of its application, the reasons for its use, and the challenges it faces were extracted from the existing literature. To achieve the research aim, the researcher adopted a mixed method approach, combining Semi-Structured interviews and Questionnaires. The interviews were administered amongst 6 expert participants in the construction industry in Saudi Arabia, while 136 participants from the construction industry filled in the questionnaire. The data were gathered and analysed based on scientific methods of analysis. This paper presents the findings from the survey; the interview findings will be discussed in another publication. The survey revealed many factors that affect the implementation of offsite construction in Saudi Arabia and highlighted that there were four main offsite construction techniques used (Offsite preassembly, Hybrid system, Panelised system and Modular building); this was also confirmed by through the interviews. The questionnaire survey also revealed that an increase in labour productivity and product quality as well as an overall reduction in project schedule are the main benefits of offsite construction. However, there are many challenges facing offsite construction in Saudi Arabia, including inflexibility in making on-site changes, limited design options, associated costs and risks, low awareness and resistance to Offsite Construction Techniques (OCT). All of these factors are discussed in relation to the literature review in this paper along with the findings from the questionnaire survey.
Keywords: Offsite Techniques (OCT); Construction Industry; Kingdom of Saudi Arabia.
Towards improving the planning and scheduling of construction projects in the UAE: A review of the Human Factor
by Malik Khalfan, Amrit Sagoo, M. Georgy, Z. Alaiwi
Abstract: The agenda of effectiveness, efficiency and economics has dominated business organisations operating in an agile environment where teamwork, accountability, transparency and responsiveness to client are paramount ingredients for business survival. Although construction organisations are not immune to these practices but they have to operate more smartly given very tight constraints associated with time, cost and quality constraints but also operate in an industry which is constrained by proliferation of austere requirements through legislation, building standards and safety. As a consequence construction organisation to have shifted the focus on pre-planning stages to eliminate or reduce the risks in the construction phases of the project. This paper proposes an integrated conceptual model to enhance planning and scheduling stages. The model consists of Six main parameters with associated elements include: the project (size, scope and complexity), the organisation (structure, lines of responsibilities, span of control and culture), the human aspects (education, experience and support), the construction methodologies (methods, preferred techniques, resources, out-sourcing, supply chain, health and safety) and the technology (software, tools and support); the contractual framework (obligations, risks legal); and the environment (internal and external). This paper discusses the Human factor in detail along with the rest of the factors in defining the conceptual model within the context of the United Arab Emirates (UAE).
Keywords: Planning; Scheduling; Human factor; Conceptual Model; UAE.
Epistemological Perspectives in Business Research: An Analytical Review
by Ananya Rajagopal
Abstract: Philosophically, positivism adheres to the realistic knowledge acquired through observation, empirical evidences and measurement. In positivism studies the role of the researcher confined to data collection, analysis, and interpretation that are observable and quantifiable within the set objectives. Statistical techniques and mathematical modelling are central to positivist research, which adheres to structured research techniques and pre-determined research designs. Positivist researchers tend to make generalizations with limited observations and data evidences, which has emerged as one of the fundamental weaknesses of the positivist philosophy. They believe positivism is deductive research process in management, which eliminates the possibility of conceptualization against the evidence based research. This paper aims at critically examining the positivism in management research stemming out of the epistemological growth in management research and contributes to the existing literature by interpreting the convergence of classical school of thoughts with the contemporary ideology on management research.
Keywords: Positivism; conventionalism; postmodernity; epistemology; research philosophy; management research.
Non-Performing Assets & Profitability Of Indian Banks: An Econometric study
by Deepak Tandon, Arvind Chaturvedi, Harishankar Vidyarthi
Abstract: The Indian banking sector is undergoing a phenomenal metamorphic stress. Erratic loan disbursement has happened in recent years without monitoring and due diligence of the borrowers by the banks in the past decade or so. To highlight only 87 borrowers accounted for nearly Rs 87000 crore defaults in last quarter (September 2016) itself thus, making Indian banking sector in shambles. The profitability is dwindling at a very fast pace eroding the Tier I Capital. More added stressed assets, willful defaulters, and loss making assets depict massive bleeding of their balance sheets. The aftereffects can be now seen through the Regulators implementing strictest vigilance, follow up with the banks, recovery measures such as bankruptcy Laws 2016, corporate debt restructuring (CDR), high provisioning, and heavy pecuniary penalties to the defaulters. This attracted the authors to research various aspects of Non -performing assets. The authors have estimated bank specific, macroeconomic determinants of the non-performing loans and their impact on the banking profitability Multivariate panel data analysis for 35 Indian public and private sector banks over the period 2007-2016 has been done. Panel data massaging and interpretation through fixed effect regression further supplemented using fully modified ordinary least square and System GMM approach has been deliberated. Detailed estimation results in Public vs. private sector Banks has been given the conclusion .The NPA management in PSU Banks needs immediate attention and affects the efficiency and profitability exponentially and is a grave concern.rnrnrn
Keywords: Bank credit; Corporate Debt Structuring (CDR); The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act; Asset Quality Review (AQR); panel data regression.
The path from brand communities through word of mouth to the intentions to adopt video streaming services: A two-stage framework
by Karla Barajas-Portas, Pavel Reyes-Mercado
Abstract: Word of mouth has been praised as a marketing tool that fosters business growth. This paper analyzes the links between brand communities, word of mouth, and intention to adopt online services. We first model word of mouth as a consequence of users interaction into brand communities, that is, the WOM senders perspective. Afterwards, we analyze the influence of word of mouth on consumer attitudes and further behavioral intention to adopt an interactive service, i.e., the WOM receivers perspective. Through the use of two samples and structural equations, we test the two-stage framework for the product category online video streaming platform. Results show that word of mouth is explained by the brand community commitment on the sender
Keywords: Brand communities; Word of mouth; Behavioral intentions; Interactive services; Consumer Attitudes; Adoption; PLS; Partial Least Squares; Video streaming; Path Modelling.
THE INFLUENCE OF MARKETING MIX ON DECISIONS TO BE A ISLAMIC BANKING CUSTOMER IN CIANJUR DISTRICT
by Uus Ahamad Husaeni
Abstract: The peoples decision to choose sharia banking in Cianjur regency is very low. Currently, sharia banking customers in Kabupaten Cianjur are only about 5-8% of the total population of 2,335 million people. In fact, 98% of the population in Cianjur regency is Muslim, and this city is also known as santri city. Therefore, it is necessary to test whether the marketing mix that includes product, price, place, and promotion can affect the decision to become a customer of Islamic banking. This study aims to examine the effect of product, price, place, and promotion on the decision to become a customer of Islamic banking. Analysis tool used in this research is multiple linear regression analysis. The result of the research, simultaneously shows that product, price, place, and promotion have significant effect to the decision to become Islamic banking customer, while the rest is explained by other factors not included in this research.
Keywords: Marketing Mix; Customer; Multiple Linear Regression and Sharia Banking.
A STUDY ON THE IMPACT OF CSR PERFORMANCE ON THE FINANCIAL PERFORMANCE OF INDIAN SERVICE SECTOR
by Sukhpreet Kaur
Abstract: Corporate Social Responsibility (CSR) initiatives performed and the impact of Corporate Social Responsibility Scores on the financial performance of the Indian service sector i.e. IT, Banking and Telecom is found through Content Analysis, Regression Analysis and ANOVA techniques. It is found that Promotion of Education is the maximum performed (CSR score 71) and Contribution to Prime Ministers Relief Fund is the least performed CSR activity (CSR score 24) of Indian Service Sector. Significant positive relationship is found between the CSR score and the net worth of companies. CSR is found to be true reflector of net worth of Indian Service Sector. There is no significant difference in the CSR performance of all the three areas but more inconsistency in the performance is found in Indian Banking Sector. The study gives an implication that CSR can be considered as a major area of concern to improve the financial performance of Indian Service Sector.
Keywords: Keywords: CSR initiatives; CSR scores; Service Sector; Financial Performance; Annual Report.