International Journal of Management and Decision Making (5 papers in press)
- A Note on the Legal Considerations in Decision Science Models of Collaboration, Information Sharing and Integration in Supply Chains
by Karen Reardon
Abstract: In this research note, we suggest that models, which ignore pertinent laws (including but not limited to competition laws) cannot approximate the risks and rewards of collaborative behavior. This article discusses potential legal violations and seeks to encourage multi-disciplinary approaches to the future development of decision science models of Collaboration, Information Sharing and Integration. It identifies future questions for research and proposes that a multidisciplinary team may be best equipped to explore them.
Keywords: information sharing; collaboration; coordination; cooperation; integration; cooperative decision making; anti-competition law, competition law, antitrust law; vertical integration; market manipulation; securities law.
- A Cross-Cultural Comparison of Whistleblowing Perceptions
by Xintong Cheng, Khondkar Karim, Karen Lin
Abstract: Through an empirical examination, this research reports on the results of cultural influences on whistleblowing decisions and the perception of people from individualistic cultures and those from collectivist cultures. We utilize cultural differences and characteristics between different nations to formulate hypotheses that individuals from collectivist cultures are less likely to be whistle-blowers, and less accepting of whistleblowing behavior, than individuals from individualistic cultures. Data were collected through a survey given to subjects of British and Chinese students from the University of Glasgow. The results support hypotheses about diversity in decisions made by individuals from individualistic cultures compared to those from collectivist cultures. The research findings have implications for the administration of domestic and multinational corporations. In order to enhance the effectiveness of internal control systems in various nations, such systems should take cultural differences into consideration. The results suggest that, compared to collectivist cultures, whistleblowing as an organizational strategy of internal control systems is more likely to be effective in individualistic cultures.
Keywords: Keywords: Whistle-blowing cultural difference survey China the UK
- A grey-based decision-making approach for selecting a reverse logistics provider in a closed loop supply chain
by Roohollah Khodaverdi, Seyed Hamid Hashemi
Abstract: Return of used products is gaining great worldwide attention due to resource depletion, environmental degradation, government legislation, and increasing awareness among people to protect the environment. Nowadays, reverse logistics (RL) is considered very important for organizations to improve their overall environmental and financial performance. Therefore, industries are turning to third-party reverse logistics providers (3PRLPs) for reusing, recycling, and remanufacturing of their products. With the development and advancement of reverse logistics practice, the selection of reverse logistics providers becomes more important. In this paper, a multi-criteria decision making (MCDM) model is developed to guide the selection process of best 3PRLP. To handle the ambiguity, vagueness of the real world data and subjectivity of decision makers assessments, grey theory has been applied. The proposed hybrid methodology is based on Analytical Hierarchy Process (AHP) and grey relational analysis for the selection and evaluation of reverse logistics providers. At first the weights and rating of criteria for all 3PRLPs are described in linguistic variables that can be expressed in grey numbers. Secondly using a grey possibility degree, the ranking of all 3PRLPs is determined. To validate the capability of the proposed model a numerical example is presented in an automotive industry. Finally managerial implications and future research directions conclude the paper.
Keywords: Third-party reverse logistics provider (3PRLP), Closed loop supply chain (CLSC), Grey relational analysis, reverse logistic
- Multi-criteria decision analysis: Methods to define and evaluate socially
by Tim Verheyden, Lieven De Moor
Abstract: Originally being a niche strategy followed by few investors, socially responsible investing (SRI) now represents a significant part of the assets under management. After summarizing empirical evidence on the performance of SRI funds, we present four challenges that are facing the further development of SRI and point to multi-criteria decision analysis (MCDA) as the methodological framework that could help overcome these challenges. A first group of challenges calls for the development of a social performance indicator, which can score and classify mutual funds with respect to social responsibility. Another challenge requires a transparent tool for retail investors interested in SRI to learn about their SRI preferences. Reviewing the three schools of available MCDA methods, we present a concrete approach for future research in building such a social performance indicator and a retail investor tool for SRI.
Keywords: socially responsible investing; multi-criteria decision analysis; mutual funds
- Developing a participative Multi Criteria Decision Making technique: a case study
by Robert Bray
Abstract: Multi Criteria Decision Making (MCDM) has become widely used to facilitate decision making. This study reports on the development and evaluation of a participative MCDM method, Simple Multi Attribute Rating Technique for Enhanced Stakeholder Take-up (SMARTEST), designed for high levels of stakeholder involvement through an iterative process. In a case study of recovery from acidifying pollution of a river in Scotland six options were evaluated against twelve criteria. Stakeholders participated fully in seven of the ten stages of the process and partially engaged in two others. The use of SMARTEST was effective in helping stakeholders gain insights into the decision making process of themselves and each other.
Keywords: MCDM; Multi Criteria Decision Making; decision support systems; Participation; SMARTEST; case study; stakeholders; decision making; Pollution; Scotland