International Journal of Business Performance Management
These articles have been peer-reviewed and accepted for publication but are pending final changes, are not yet published and may not appear here in their final order of publication until they are assigned to issues. Therefore, the content conforms to our standards but the presentation (e.g. typesetting and proof-reading) is not necessarily up to the Inderscience standard. Additionally, titles, authors, abstracts and keywords may change before publication. Articles will not be published until the final proofs are validated by their authors.
Forthcoming articles must be purchased for the purposes of research, teaching and private study only. These articles can be cited using the expression "in press". For example: Smith, J. (in press). Article Title. Journal Title.
Articles marked with this shopping trolley icon are available for purchase - click on the icon to send an email request to purchase.
International Journal of Business Performance Management (7 papers in press)
Industry 4.0 and Big Data: Role of Government in the advancement of enterprises in Italy and UAE by Lucio Poma, Haya Al Shawwa, Elisabetta Maini Abstract: Industry 4.0 and Big Data act as a lever for increasing new competition between companies as it becomes too large and complex to be faced or internalized by these companies alone, even large ones. This article examines industry 4.0 and Big Data in Italy and the UAE. Very structurally different countries but similar in apprehending this is the age of data and already realized significant technological leaps on their own territories. Active intervention of government becomes crucial and central in the elaboration of industrial and technological policies towards the enhancement of a dynamic ecosystem and interactive environment where data can flow more smoothly along the production chain. In order to attain such systemic and organizational environment, governments create its solid foundation initially by fully utilizing the architecture of Big Data internally.
This paper addresses the current role of government and further actions needed as a stimulus, creator and originator of a cognitive and interactive environment for Big Data.
Keywords: Big Data; Industry 4.0; internet of things; cyber physical system; mass customization; open data; human resources; flow of knowledge; innovation; government; Emilia-Romagna; Italy; UAE.
Bank Ownership concentration, board of directors and loan portfolios quality: evidence from the Tunisian banking sector by Nadia Ben Sedrine Goucha Abstract: This paper examines the impact of banks corporate governance mechanisms in terms of ownership structure, board size and composition on the loan quality in the Tunisian banking sector. To do so we use a panel data method and a sample that contains the ten largest banks in Tunisia over the period 2001-2012. Our main findings show that ownership concentration worsens loan quality in the Tunisian banking sector. However, the presence of independent members on the board of directors improves loan quality through better monitoring actions. Our findings also suggest that Tunisian banks with CEO duality manage better their loans. Keywords: Bank ownership concentration; bank board; loan quality.
Analysis of cost efficiency in GCC and Jordans insurance sectors: DEA approach by Abderrazak Bakhouche, Welcome Sibanda, Randa Al Chaar, Mohamed Boulkeroua Abstract: This paper provides a comprehensive analysis of cost efficiency of insurance firms operating in GCC countries and Jordan during 2009-17. The DEA approach was applied to estimate cost efficiency and its components-- allocative, pure technical and scale efficiency, inputs and outputs variables are defined according to the value-added approach, and in the second-stage regression analysis, we test a set of hypotheses on the relationship between efficiency and selected variables capturing firms heterogeneities and other environmental variables controlling for market structure, economic conditions and governance. The results point to the substantial efficiency improvement potential in all markets under study with large discrepancies in efficiency scores across the GCC countries suggesting divergence and difference stage of sector development and heterogeneity of regulation. The findings reveal that firm-specific variables such as size, profitability, solvency and investment concentration, have impact on efficiency, while no significant difference in efficiency was found between conventional and Takaful insurance firms. Keywords: cost efficiency; technical efficiency; allocative efficiency; scale efficiency; pure technical efficiency; DEA; GCC; Jordan; MENA; financial institutions; insurance firms.
MEDIATING EFFECT OF BUSINESS PROCESS PERFORMANCE ON INNOVATION STRATEGY-COST PERFORMANCE RELATIONSHIP: CASE STUDY OF MANUFACTURING INDUSTRY IN EAST JAVA PROVINCE, INDONESIA by Nanik Kustiningsih, Bambang Tjahjadi Abstract: This study investigates the mediating effect of business process performance on innovation strategy-cost performance relationship of manufacturing companies in the East Java Province, Indonesia. As many as 170 managers from 170 companies participated in this study. Purposive sampling technique was employed and questionnaires were used to collect data. The data were analyzed using the PLS-SEM (partial least square-structural equation modeling) approach. This study provides the new insight on how business process performance mediates the relationship between innovation strategy and cost performance. The findings of the study suggest that managers need to improve their innovation strategy and business process performance to optimize the companies cost performance. Keywords: innovation strategy; business process performance; cost performance; manufacturing industry.
Application of System Dynamics Methodology in Performance Management System: A Case Study of Indian Automotive Firm by Neetu Yadav Abstract: The study aims at showcasing the application of system dynamic (SD) methodology for developing system dynamics based performance management model where one of the Indian automobile manufacturing firms have been chosen as the context. Flexible strategy game-card has been used as a theoretical basis for developing the performance management system (PMS). The model emphasizes looking beyond the dynamics of leading and lagging performance indicators and capturing dynamics of strategic interventions and firms performance. The study adopts SD methodology and its tools as causal loop diagrams and feedback loops to capture dynamics of strategic interventions and lagging performance indicators. isee systems STELLA 10.0.2 software package has been used to develop the stock-and-flow diagram. The results of SD model simulation portray that introduction of new products in light commercial vehicles segment and value-addition by training and development of staff lead to increase in the sales volume, thus supporting formulated hypotheses. This study goes beyond dynamics of leading-lagging performance indicators and highlights interaction of strategic interventions/actions with firms performance that enables managers to visualize systems perspective and feedback on actions taken. Keywords: Flexible Strategy Game-card; Firm’s Performance; System Dynamics Modelling; Strategic Interventions; System Dynamics based Performance Management Model.
Economic Effects of Growth Strategies on the Performance of Quoted Manufacturing Firms in Nigeria by Samson Abolarinwa, Cosmas Asogwa Abstract: Growth strategies, which can create value, have become part of innovative firms. However, they can bring about value destruction when they are not coherent. While research has explored the effect of growth strategies on firms financial performance, there is little evidence of how internal and external growth strategies, management efficiency, and solvency ratio interact to explain manufacturing firms economic performance in Nigeria. Thus, we use a sample of 144 firm-years of quoted manufacturing Nigerian firms to examine the economic effect of growth strategies for the period between 2014 and 2017. After controlling for firm size, management efficiency, leverage, and liquidity efficiency, we found that internal growth strategies such as aggressive profit retention and new product development improved manufacturing firms economic performance. Internal growth strategies yielded positive economic effects on returns on assets and equity. Firms that pursue growth through market deepening yielded high market shares that created economic values for investors, as reflected in returns on assets and equity. However, external growth strategies, such as acquisitions and conglomeration, negatively affected firms returns on assets, though conglomeration strategies enhanced equity investors stakes. The positive effect associated with internal growth strategies is dependent on good management efficiency in terms of asset utilisation and good liquidity management. Large manufacturing firms experienced relatively low returns on equity. This moderating effect suggests that growth strategies should be pursued when firms experience an increasing return to scale. Otherwise, inefficiency in assets utilisation and negative return to scale cancel out any potential positive economic effects of a growth strategy. Keywords: Growth Strategies; Economic Effect; Performance; manufacturing firms; internal growth; external growth; performance management; International journal; Nigeria.
Single Cover as a supplement to the product offer of trade credit insurers used in risk management processes in enterprises by Robert Dankiewicz Abstract: The article describes the problem of the insolvency of contractors compared to other types of risks that currently threaten enterprises. The attention was drawn to the most frequent consequences of implementing the risk resulting from a late payment or a loss, including bankruptcy. The scale of the phenomenon in Poland against the background of other Eastern European countries was discussed. As part of the literature review, the essence of trade credit, the risk that arises from it, the possibility of its identification, and the measurement of the consequences of its implementation were presented. At the same time, the role of insurance in the processes of managing the risk of losing receivables was featured. The aspect of their effectiveness was indicated as well as the dependence on the economic situation in the economy. The attention was also paid to the most common mistakes made in the field of receivables management. As part of the conducted research, the sources of information used at the stage of assessment of business partners as well as the solutions applied in the processes of securing the deferred payment date were analyzed. At the same time, some attempts were made to assess the availability of insurers' offer regarding the possibility of insuring commercial credit depending on the size of the enterprise. The aim of the paper is to assess the level of suitability and reasons for using the single cover insurance as an alternative to classical trade credit insurance in processes that stimulate the economic security of enterprises in the area of the risk of losing receivables. Keywords: liability risk management; company performance; trade credit insurance; single cover.