Does Disruptive Event Affect Supply Base Size: Evidence from an Emerging Economy

2020 ◽  
Vol 55 (4) ◽  
pp. 496-510
Author(s):  
Pushpesh Pant ◽  
Hari Vishal ◽  
S. P. Sarmah
Keyword(s):  
Emerging Economy ◽  
Manufacturing Firms ◽  
Annual Rate ◽  
Jel Codes ◽  
Physical Infrastructure ◽  
Logistics Services ◽  
Base Size ◽  
Base Management ◽  
Longitudinal Dataset ◽  
Recession Period

This article examines the effect of disruptive event, namely recession, on supply base management (measured by supply base size) by using a large and longitudinal dataset on Indian manufacturing firms. It is found that the buyer firms have increased their supply base size at the annual rate of 8.23 suppliers per year per manufacturer during the pre-recession (2004–2007) period. The strategy of having a larger supply base is viable, specifically, in an emerging economy (e.g., India) as the probability of disruptions is high due to the inadequacy of basic inputs such as physical infrastructure, logistics services, technology, etc. Therefore, manufacturers tend to have a number of suppliers for the same product group to reduce supplier dependence. Further, we find that buying firms preferred to have a larger supply base even after a recession (2010–2013). However, they have increased their supply base size at the annual rate of just 0.2 (compared to 8.3 during the pre-recession period) suppliers per year per manufacturer during the post-recession. This study highlights the importance of a disruptive event (proxied by recession), by examining its association with supply base size in the emerging economy perspective. JEL Codes: C1, C5, C8

Do older workers really reduce firm productivity?

2018 ◽  
Vol 29 (4) ◽  
pp. 521-542 ◽  
Author(s):  
Bokwon Lee ◽  
Joowoong Park ◽  
Jae-Suk Yang
Keyword(s):  
Older Workers ◽  
Value Added ◽  
Manufacturing Firms ◽  
Future Research ◽  
Organisational Performance ◽  
Jel Codes ◽  
Positive Effects ◽  
Financial Conditions ◽  
Negative Effect ◽  
Growing Conditions

In this article, we examine the effect of workforce ageing on company productivity, using an analysis based on Korean firms. We found that an increase in the ratio of workers aged over 50 years to total workers had a negative effect on value added per worker, which was consistent with the findings of most previous studies based on European data. However, the results of the analysis, including various classifications such as size, industry and several financial conditions, revealed that an increase in the ratio of older workers had positive effects on value added per worker in large manufacturing firms under risky or growing conditions. As the productivity of older workers may vary, future research may determine under what conditions – size, industry, region and financial conditions – older workers contribute positively to productivity. Firms with financial troubles or those planning to downsize should be cautious about laying off older workers as an approach to improving organisational performance because these workers contribute positively to productivity under certain conditions. JEL Codes: J24, J54, N3

Sustainable supply chain collaboration: incentives in emerging economies

2018 ◽  
Vol 29 (2) ◽  
pp. 273-294 ◽  
Author(s):  
Nutcharee Pakdeechoho ◽  
Vatcharapol Sukhotu
Keyword(s):  
Supply Chain ◽  
Environmental Performance ◽  
Manufacturing Industry ◽  
Social Performance ◽  
Emerging Economy ◽  
Manufacturing Firms ◽  
Supply Chain Collaboration ◽  
Sustainable Supply Chain ◽  
Food Manufacturing ◽  
Content Type

Purpose The purpose of this paper is to investigate the relationship between sustainable supply chain collaboration (SSCC) and sustainability performance, and examine whether two types of incentives moderate this relationship. This empirical investigation of the Thai food manufacturing industry provides insight in the context of an emerging economy. Design/methodology/approach Survey data were collected from 215 food manufacturing firms in Thailand, and the hypotheses were tested by exploratory factor analysis, hierarchical regression analysis, and cluster analysis. Findings The results indicate that SSCC leads to better economic and social performance, but not necessarily better environmental performance; incentives provided by firms in the supply chain enhance the effects of SSCC on social performance. Practical implications The findings provide useful suggestions for supply chain managers and policy makers about effective collaboration and the use of incentives to improve the sustainability of individual firms in the supply chain. They also reveal the challenges faced by manufacturing firms in improving environmental performance in an emerging economy. Originality/value This study contributes to the literature on the implementation of sustainable supply chain management by explaining the role of incentives.

scholarly journals INTERNATIONALIZATION PATHS OF CHINESE FIRMS: EVIDENCES FROM AN EMERGING ECONOMY

2010 ◽  
Vol 11 (2) ◽  
pp. 297-315 ◽  
Author(s):  
Saixing Zeng ◽  
Qi Shen ◽  
Chiming Tam ◽  
Tianwei Wan
Keyword(s):  
Empirical Study ◽  
Correspondence Analysis ◽  
Emerging Economy ◽  
Manufacturing Firms ◽  
Foreign Direct Investments ◽  
Chinese Firms ◽  
Low Levels ◽  
The Relationship

In this paper, an empirical study is conducted to explore the paths of internationalization for Chinese manufacturing firms. Correspondence analysis was employed to examine the relationship between the internationalization paths and the firms’ form of ownership. It reveals that the internationalization paths of Chinese firms appear to be in a form of terrace structure, more firms adopting the rudimentary levels than the more matured courses of internalization. The findings indicate that Chinese firms are characterized by the relatively low levels of internationalization. Also the preferred destinations of going internationalization were identified for firms adopting outward foreign direct investments. Santrauka Straipsnyje pateiktas empirinis tyrimas, atliktas siekiant išsiaiškinti internacionalizavimo būdus Kini‐jos gamybos imonese. Norint ištirti ryši tarp internacionalizavimo būdu ir imones nuosavybes formos, buvo pritaikyta atitikties analize. Ji parode, kad internacionalizavimo būdai Kinijos imonese yra pylimo formos, t. y. dauguma imoniu diegia pradinio, be ne brandesnio lygmens internacionalizavimo būda. Atskleista, kad Kinijos imonese internacionalizavimo lygis yra gana žemas. Nustatytas pageidautinas internacionalizavimo tikslas ‐ išoriniu tiesioginiu užsienio investiciju naudojimas.

Impact of integrated audit management effectiveness on business sustainability in manufacturing firms

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Noor Aishah Hassan ◽  
Suhaiza Zailani ◽  
Muhammad Khalilur Rahman
Keyword(s):  
Structural Equation ◽  
Internal Audit ◽  
Emerging Economy ◽  
Manufacturing Firms ◽  
Mediating Effect ◽  
Management Effectiveness ◽  
Audit Process ◽  
Content Type ◽  
Business Sustainability ◽  
Audit Management

Purpose This study aims to investigate the effectiveness of integrated audit management and its impact on business sustainability for an emerging economy. Design/methodology/approach Drawing on the dynamic capability and contingency theory, the authors investigated the factors on integrated audit management implementation using a sample of 104 certified Malaysian manufacturing firms. The collected data has been analysed using the partial least squares through the structural equation modelling technique. Findings The findings have revealed that human resource capability, technological capability and quality capability have a robust influence on the importance of the internal audit process, which, in turn, leads to integrated audit management effectiveness towards the outcome of business sustainability. The results have also indicated the mediating effect of the internal audit process on the research model. Originality/value The contribution from the empirical findings will provide productive insights to help manufacturing firms devise an effective integrated internal audit management system to ensure business sustainability and increase competitiveness advantages for an emerging economy.

Infrastructure Investment in India: Squaring Theory, Data and Common Sense

2021 ◽  
pp. 001946622110153
Author(s):  
Tanzeem Hasnat
Keyword(s):  
Banking Sector ◽  
Private Investment ◽  
Infrastructure Investment ◽  
Private Ownership ◽  
Jel Codes ◽  
Real Cost ◽  
Public Projects ◽  
Physical Infrastructure ◽  
Fiscal Prudence

The study makes a novel attempt to estimate the quantum of funds channelised in the physical infrastructure sector, by the private–public split as well as per project parameters. The study finds a downward trend in the private investment in infrastructure post 2009–2010. This needs to be understood in correspondence with the rise in the number of stalled/shelved projects under private ownership post 2008–2009. This rise in the locked-in finances could explain the disincentive in making fresh investments by the private sector. However, what this data also reveals is that the average per stalled/shelved project cost is higher under public ownership even though the number of such projects isfound higher under private ownership. Lumpy project investments are locked in public projects that can be viewed as a real cost. Fiscal prudence leaves little scope for further extension of finances from the government’s kitty in this domain. Moreover, commercial banks cannot be relied on due to the staggering share of non-performing assets emanating from the over exposure to this sector. A market for long-term debt could be a panacea for the perils facing the sector as well as the stressed banking sector. JEL Codes: E01, E22, E69, G31

scholarly journals Does Knowledge from Home Markets Boost Outward Foreign Direct Investments of Emerging Economy Multinationals? Evidence from Indian Family EMNEs

2020 ◽  
Vol 23 (2) ◽  
pp. 211-240
Author(s):  
Arindam Mondal ◽  
Sarada Devi Gadepalli
Keyword(s):  
Emerging Economies ◽  
Family Firms ◽  
Stock Exchange ◽  
Emerging Economy ◽  
Supporting Evidence ◽  
Foreign Direct Investments ◽  
International Expansion ◽  
Domestic Markets ◽  
Theoretical Predictions ◽  
Longitudinal Dataset

Despite increasing research on multinationals from emerging economies (EMNEs), our understanding of the antecedents of their international expansion is still limited. In this study, we seek to examine whether knowledge gained from operating in their complex and diverse domestic markets deter or aid the outward foreign direct investments of EMNEs. As family firms are dominant in emerging economies, we further explore how heterogeneity within family firms moderate this relationship. We conduct our investigations using a proprietary longitudinal dataset comprising 213 EMNEs from India featuring in the S&P Bombay Stock Exchange (BSE) 500 index covering a six-year period from 2007-08 to 2012-13, of which 175 were family EMNEs and find supporting evidence for our theoretical predictions.

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