International Journal of Business Environment (10 papers in press)
Assessing the financial aptitude of industrial firms to implement servitized earnings models
by Bart Kamp
Abstract: Servitization research covers a large variety of aspects related to novel earning models, like pay-per-use schemes or other outcome-oriented charging modalities. However, it may overlook aspects related to bookkeeping and financing such operations. The article introduces the concept of financial aptitude to hypothesize under which circumstances industrial firms are more likely to introduce servitized earnings models or not. It builds upon insights from management reporting an financialization theories for that purpose. It postulates that activity-based cost accounting and interaction with organizations that specialize in the financing and/or managing of industrial assets raise the propensity to take up servitized earnings models.
Keywords: Servitization; financialization; business models; accounting; asset-based financing; life cycle financing.
Effect of perceived value, risk, attitude and environmental consciousness on the purchase intention
by Josefer De Lima Souza, Vilmar Antonio Gonçalves Tondolo, Aléssio Bessa Sarquis, André Andrade Longaray, Rosana Da Rosa Portella Tondolo, Larissa Martinatto Da Costa
Abstract: The study analyzed the effect of perceived value, risk, attitude and environmental consciousness on the purchase intention of university students for remanufactured computers. This is a cross-sectional quantitative study. Data were collected by questionnaire; 241 students from different institutions of higher education participated. The main analysis techniques used were Pearson correlation analysis and multiple regression modeling. The results showed that there is a strong association between the constructs Purchase Intention and Consumer Attitude and a moderate association with Perceived Value. The results of the regression analysis indicate that the constructs Consumer Attitude, Perceived Value, and Risk predict 66.2% of the intention to purchase remanufactured computers. The study contribute to the literature by analyzing several constructs related to the purchase intention of consumers of remanufactured computers and giving a social direction to the study of remanufacturing
Keywords: environmental consciousness; perceived value; purchase intention; perceived risk; remanufactured computer.
Manufacturing Environment and Economic Growth in South Africa: Evidence from Fourier Toda Yamamoto causality test
by Andisheh Saliminezhad, Pejman Bahramian
Abstract: This study aims to bring into account the dynamic impact of business constraints in the manufacturing sector on economic growth for South Africa during the period 19872016. To this end, we use the so-called manufacturing environment index, and we perform a causality analysis through the application of the conventional Toda-Yamamoto method. However, we have shown that the data encompasses the structural breaks. Hence, the standard causality test is prone to misspecifications. Thereby, we apply the newly Fourier Toda-Yamamoto method which accounts for structural shifts in a causality analysis. In contrast to the no evidence of causation detected using the traditional approach, the results of Fourier Toda-Yamamoto suggest a unidirectional Granger causality running from manufacturing environment index to economic growth. Our findings highlight the importance of survey indicators in the assessment of economic development policies. Moreover, it emphasises on covering the possible structural breaks to deliver more reliable inference.
Keywords: South African manufacturing; Fourier Toda-Yamamoto method; economic growth; South Africa.
Effect of Consumer Innovation Process on Green Consumption Behavior: An Application of Planned Behavior Theory
by Bagher Asgarnezhad Nouri, Parisa Emkani
Abstract: The purpose of this study is to applying the planned behavior theory in order to investigate the effects of consumer innovation process on green consumption behavior among young consumers in Iran. The population includes the students in universities of Ardabil province in Iran. Sample size is determined according to Morgans table which equals 379 and the participants are selected by convenience sampling method. Standard questionnaire was used for data collection. Data analysis is done by partial least squares with Smart PLS. Results showed that consumers innovation has positive effects on attitude, observed behavior control and mental norms of the consumers compared to the intention for green consumption. In addition, consumers attitude has positive effects on mental norms and the intention for green consumption. Intention for green consumption is also a good predictive for green consumption behavior. However, the effect of attitude and mental norms on intention for green consumption was not confirmed.
Keywords: Green Marketing; Green Consumption; Theory of Planned Behavior; Consumer Innovation.
Procrastination, its Antecedents and its Organizational Outcomes among Employees in the Public Sector in Istanbul
by Elif Bilginoğlu, Murat Yalçıntaş
Abstract: This study investigates the phenomenon of the tendency to procrastinate with its three triggers: Time management, perfectionism, and fear of failure as well as its organizational outcomes which are higher job stress and lower job satisfaction. Parametric tests and path analysis were performed to analyze the relationship between the variables in the model. The results revealed that poor time management (time wasters and deficient time attitude), discrepancy and fear of failure are causes of procrastination in organizations and the employees, who procrastinate, report a higher job stress and a lower job satisfaction.
Keywords: Procrastination; time management; fear of failure; job stress; job satisfaction.
Value Chain Mapping for Tourism Intermediation
by Asunción Fernández-Villarán, Ainara Rodríguez-Zulaica, Ricardo Pastor
Abstract: The purpose of this paper is to analyse the theoretical and practical implications of the use of the value chain in tourism intermediation, examining its current configuration, with particular emphasis on the emergence of new net-based agents. Inspired by the conceptual discussion on service logic, service-dominant logic, and consumer dominant logic, we focus on the trip cycle to map the value chain of tourism intermediation. The paper is exploratory. It presents and discusses a conceptual model and suggests the implications for research and practice. We hope that it will offer a better understanding of the current situation of tourism intermediation through its value chain based on customer dominance. It stresses the importance of understanding customer logic and emphasises the presence of providers in the customer ecosystem.
Keywords: Customer ecosystem; Value chain; Tourism intermediation; Trip cycle; services.
The Value Relevance of Quantitative and Qualitative Environmental Disclosure of Polluting Companies in India: A Static and Dynamic Panel Data Evidence
by G. Ezhilarasi, Kailash Kabra
Abstract: This paper examines the value relevance of quantitative and qualitative environmental disclosure of 145 polluting companies' in India. Environmental disclosure is measured by a checklist of items based on Global Reporting Initiative guidelines as well as environmental regulations prevailing in India. Subsequently, the disclosure scores are drawn individually by using content analysis of annual reports for a period of nine years i.e., from 2009-10 to 2017-18. Employing static and dynamic panel data regression method, the study finds both quantitative as well as qualitative environmental disclosure plays an important role in enhancing the market value and allows the firm to differentiate it from others. Further, the study finds investment in research and development (R&D) has a positive impact on the financial performance of a company. However, the study finds a negative association between the interaction effect of R&D expenditure with environmental disclosure and the financial performance of a firm.
Keywords: Environmental Disclosure; Financial Performance; Research and Development Expenditure; Global Reporting Initiative; Polluting Industries; Annual Reports and Content Analysis.
A source of novelty and/or absurdity: The paradoxes of management
by Miguel Pina e Cunha, Rebecca Bednarek
Abstract: This paper explores paradox, a way of seeing organizations that emphasizes interdependence,
opposition and persistence, as both a source of novelty and absurdity. Paradoxes are
processes with a dual potential for organizational harm or good, depending on the way they
are framed and tackled. We explore this dual side of paradox and discuss some of its
implications for the management of organizations.
Keywords: Paradox; organization; novelty; absurdity.
STRATEGIC FLEXIBILITY, STRATEGIC LEADERSHIP AND BUSINESS SUSTAINABILITY NEXUS
by Chijioke Nwachukwu, Hieu Minh Vu
Abstract: Abstract: Strategic leadership promote organizational strategic ?exibility and enhance business sustainability. Drawing on the theoretical lens of dynamic capability and contingency theory, a framework of hypotheses is established that focuses on strategic flexibility, strategic leadership and its implications on business sustainability. This research used surveys collected from microfinance banks operating in Nigeria. The results show that strategic flexibility and strategic leadership have a significant influence on business sustainability. Also, strategic flexibility and strategic leadership significantly affect business sustainability indicators of economic, social, environmental and innovation performance. Finally, we found that strategic leadership moderate the effect of strategic ?exibility on business sustainability and its indicators. Our findings clarify the role that organisational capabilities (strategic flexibility and strategic leadership) play in enhancing business sustainability, particularly in the emerging market context.
Keywords: strategic flexibility; business sustainability; strategic leadership; innovation performance.
Special Issue on: ICBS 2018 Advancements in Industrial Marketing Exploring Product-Service Innovation Strategies for Sustainability
Limited evidence for servitization in UK Publishing: an empirical analysis
by Alexander Kharlamov, Glenn Parry
Abstract: Servitization is a strategic transition of firms towards the creation of additional value through services. In this study we adopt a data-driven approach and assume that company activity descriptions are representative of their activity and partly reflect the adopted strategy. We hypothesise that if there is a trend of traditional publishing firms adopting servitization strategies, this should emerge from textual analysis of company descriptors. Relying on data-driven analysis of publicly available company information for UK and Ireland, we find no significant evidence of strategic diversity as a single group emerges from diverse clustering methods. Our results show either that the publicly available dataset is not representative of the publishing strategy in industry or that there is no real evidence of servitization in the publishing sector. Implications for theory and for industry are discussed.
Keywords: Servitization; publishing; manufacturing; service; servitization; product-service systems; value added; unsupervised.