scholarly journals Managing systemic uncertainty: The role of industry-level management controls and hybrids

2019 ◽  
Vol 77 ◽  
pp. 101049
Author(s):  
Paul J. Thambar ◽  
David A. Brown ◽  
Prabhu Sivabalan
Keyword(s):  
Industry Level ◽  
Management Controls

Emerging Role of Technology Licensing in the Development of Global Product Strategy: Conceptual Framework and Research Propositions

1996 ◽  
Vol 60 (1) ◽  
pp. 73-88 ◽  
Author(s):  
Masaaki Kotabe ◽  
Arvind Sahay ◽  
Preet S. Aulakh
Keyword(s):  
Conceptual Framework ◽  
Product Market ◽  
Technology Licensing ◽  
Product Strategy ◽  
Mode Of Entry ◽  
Industry Level ◽  
Recent Trends ◽  
Different Dimensions ◽  
Research Propositions

In the context of mode of entry into new markets, existing theory tends to identify technology licensing as a step toward or an alternative to wholly owned subsidiaries. However, recent trends in technology licensing indicate that technology licensing is used increasingly as a conscious, proactive component of a technology-based firm's global product strategy. The authors present a conceptual framework from the licensor's perspective on technology licensing by combining the existing literature and licensing practices in industry to identify the antecedent product market, industry level, and resource-based factors that lead to technology licensing. They also present propositions on how these factors affect technology licensing and conclude by linking technology licensing to different dimensions of a firm's product strategy.

Leadership, governance and the mitigation of risk: a case study

2015 ◽  
Vol 30 (2) ◽  
pp. 132-159 ◽  
Author(s):  
Jim Rooney ◽  
Suresh Cuganesan
Keyword(s):  
Risk Management ◽  
Social Relations ◽  
Financial Institution ◽  
Single Case ◽  
Management Control ◽  
Management Decision ◽  
Content Type ◽  
Management Controls

Purpose – The purpose of this study is to examine how managers in financial institutions satisfy themselves of the effectiveness of risk mitigation strategy and management control. It studies the co-opting of accounting tools within a single financial institution case study, examining the recursive and emergent characteristics of risk management practice. Design/methodology/approach – Adopting a field study approach within the strategy-as-practice perspective, the paper provides insights into the role of actor perceptions of risk and accounting as a calculative practice in the adaptive enactment of risk strategy. Findings – Results highlight the interactions between risk management strategy, management controls and actor interests at Lehman Brothers. The actions and reactions of risk management decision-makers such as Executive Committee and Board members are examined to better understand the role of accounting and leadership. Research limitations/implications – Results of this study may not be generalised beyond this single case study. Practical implications – The paper emphasises that concern for the social relations and the performative interests of actors in a risk management network needs to be understood and considered in accounting research. It is argued that the market prices of tradable financial asset will continue to be opaque without these insights. Originality/value – This study explores an under-researched topic in the accounting literature in examining how management controls are affected by and, in turn, affect risk strategising.

Substitution between production factors and intermediate inputs in the light of KLEMS growth accounting for Poland

2021 ◽  
Vol 68 (2) ◽  
pp. 1-19
Author(s):  
Dariusz Kotlewski ◽  
Mirosław Błażej
Keyword(s):  
Market Economy ◽  
Dominant Role ◽  
Empirical Finding ◽  
Value Added ◽  
Growth Accounting ◽  
Intermediate Inputs ◽  
Industry Level ◽  
Production Factors ◽  
Polish Economy

The generally adopted view is that the gross-output-based MFP is the most correct in terms of methodology, and the value-added-based MFP is its imperfect substitute performed when some data are missing. In this paper, however, performing both of them and comparing their results is proposed as a valuable means to studying the development of outsourcing in the economy. The paper presents the elaboration of the methodology for the latter, which is its main contribution to the field. The case of the Polish economy is used as an applicative example (covering the period between 2005 and 2016), as KLEMS growth accounting has recently been implemented in Poland. The results demonstrate that around the year 2011, the expansion of outsourcing ceased. Since outsourcing was one of the main processes of the Polish transition, this observation can be considered as an indication of the maturing of the market economy in Poland. Moreover, KLEMS growth accounting makes it possible to study this issue through NACE activities, i.e. at the industry level. It shows that manufacturing (section C of NACE) is predominantly responsible for the situation described above, which is the main empirical finding of the study. The dominant role of manufacturing is also confirmed by some other sectoral observations of lesser importance. The methodology developed in this paper can potentially be applied to other countries for which both kinds of MFP are performed.

Role of management accounting in applying new institutional logics

2016 ◽  
Vol 29 (5) ◽  
pp. 861-886 ◽  
Author(s):  
Janne T. Järvinen
Keyword(s):  
Management Accounting ◽  
Institutional Logics ◽  
Organizational Field ◽  
Institutional Work ◽  
Content Type ◽  
Non Profit ◽  
Conflicting Objectives ◽  
Management Controls ◽  
And Control

Purpose – The purpose of this paper is to explore the adoption of management accounting and control systems in the non-profit sector. Design/methodology/approach – The theoretical framework of this comparative interpretative study draws on new institutional theory, especially the concepts of institutional logics and institutional work. Findings – New accounting and management controls serve as a medium through which organizations negotiate between multiple and conflicting objectives and choose institutional logics in the organizational field. Research limitations/implications – The data comprise interviews, observations and archival data and provides a limited view on how the organizational field is structured. Originality/value – The paper contributes to the accounting literature by investigating how institutional work and operating under contradictory logics explain management accounting change.

scholarly journals Competition and Bank Risk the Role of Securitization and Bank Capital

2019 ◽  
Vol 19 (140) ◽  
pp. 1
Author(s):  
Yener Altunbas ◽  
David Marques‐Ibanez ◽  
Michiel van Leuvensteijn ◽  
Tianshu Zhao
Keyword(s):  
Market Power ◽  
Systemic Risk ◽  
Bank Risk ◽  
Bank Capital ◽  
Bank Competition ◽  
Industry Level ◽  
Run Up

We examine how bank competition in the run-up to the 2007–2009 crisis affects banks’ systemic risk during the crisis. We then investigate whether this effect is influenced by two key bank characteristics: securitization and bank capital. Using a sample of the largest listed banks from 15 countries, we find that greater market power at the bank level and higher competition at the industry level lead to higher realized systemic risk. The results suggest that the use of securitization exacerbates the effects of market power on the systemic dimension of bank risk, while capitalization partially mitigates its impact.

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