scholarly journals Alliance Governance Mechanisms in the Face of Disruption

2021 ◽  
Author(s):  
Arne Keller ◽  
Fabrice Lumineau ◽  
Thomas Mellewigt ◽  
Africa Ariño
Keyword(s):  
Two Dimensions ◽  
Veterinary Drug ◽  
Governance Mechanisms ◽  
Relational Governance ◽  
Fine Grained ◽  
The Face ◽  
Dynamic Perspective ◽  
Alliance Partners ◽  
The Impact ◽  
Alliance Governance

Existing academic literature has discussed contracts and relational governance as the key mechanisms that help alliance partners address problems of cooperation and coordination. However, when an alliance undergoes disruption, the nature and extent of such problems may change and therefore the value of these mechanisms may change. This study advances a dynamic perspective on alliance governance by examining the impact of disruption and subsequent adjustment on the value of alliance governance mechanisms. To this end, we longitudinally studied a revelatory case of a research and development alliance in the veterinary drug industry that experienced disruption triggered by an internal restructuring at one of the partner companies. We approached the evidence with a fine-grained typology that builds on two dimensions that underlie governance mechanisms: the means to enforce their ruling principles (contractual versus relational) and the level of codification of these principles (formal versus informal). Based on our findings, we (1) show the significance of this revised typology, which suggests that contractual governance is not necessarily formal and relational governance is not necessarily informal; (2) provide a more systematic discussion of the tradeoffs that the various mechanisms entail and how these are altered through disruption and adjustment dynamics; and (3) analyze how the interplay between different types of governance mechanisms evolves following disruption and adjustment. Overall, our study brings the concept of disruption to the dynamic perspective of alliance governance and highlights the contingent value of alliance governance mechanisms.

The interplay between digital transformation and governance mechanisms in supply chains: evidence from the Italian automotive industry

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Emilio Paolucci ◽  
Elena Pessot ◽  
Riccardo Ricci
Keyword(s):  
Digital Technologies ◽  
Digital Transformation ◽  
Development Effort ◽  
Governance Mechanisms ◽  
Relational Governance ◽  
Firm Level ◽  
Digital Interface ◽  
Content Type ◽  
Automotive Suppliers ◽  
The Impact

PurposeThis paper aims to investigate the effect of specific subsets of digital technologies and governance mechanisms (i.e. relational and contractual) on the efficiency of the automotive supply chain (SC).Design/methodology/approachBuilding on the Transaction Costs Economic (TCE) theory, and on the literatures on the governance and Digital Transformation of SCs, the research employs a multi-respondent survey on a sample of 101 Italian automotive suppliers. It analyses the interplay between investments in network and physical–digital interface technologies and buyer–supplier relationship governance models in a joint product development effort. The related effects on costs, from the automotive suppliers' perspective, are considered.FindingsThe results confirm the TCE assumptions on governance mechanisms being appropriate to enhance cost performance, but in particular show that digital technologies shape the governance of buyer–supplier relationships with different patterns. The features of synchronisation and accessibility, as ensured by network technologies, are found to strengthen the impact of contractual governance, while the adoption of physical–digital interface technologies, and their enhanced features of virtualisation and traceability, further enhance the impact of relational governance on the efficiency improvements of suppliers.Practical implicationsSC actors need to recognise the importance of long-term collaboration and superior coordination through investments in specific subsets of digital technologies, to ensure a higher product and production data codifiability, transparency and thus integration at both an intra- and an inter-firm level.Originality/valueThis study is one of the first to have considered Digital Transformation in SCs from the suppliers' perspective and its implications on the efficiency of relationship governance with buyers.

scholarly journals Alliance Governance Mechanisms in the Face of Disruption

2020 ◽  
Author(s):  
Arne Keller ◽  
Fabrice Lumineau ◽  
Thomas Mellewigt ◽  
Africa M. Ariño
Keyword(s):  
Governance Mechanisms ◽  
The Face ◽  
Alliance Governance

scholarly journals The Comparative Effects of Transaction Cost Economics and Resource Based View: A Technological Alliance Motivational Perspective

2016 ◽  
Vol 6 (5) ◽  
pp. 64 ◽  
Author(s):  
Hwan Jin Kim
Keyword(s):  
Transaction Cost ◽  
Transaction Cost Economics ◽  
Governance Structure ◽  
High Tech ◽  
Resource Based View ◽  
Alliance Partner ◽  
Positive Effects ◽  
Alliance Partners ◽  
The Impact ◽  
Alliance Governance

<p>This paper examines the impact of two main alliance motivation theories, transaction cost economics (TCE) and resource based view (RBV), on alliance processes among Korean manufacturing high-tech ventures. Results show that TCE and RBV are complimentarily explaining the formation of inter-firm alliances. TCE variables are more related with alliance partner characteristics while RBV is more linked with partner capabilities. Both show positive effects on performance. No significant effect is found on determining an alliance governance structure. While selecting appropriate technological alliance partners show positive effects on performance, no significant effect is found between alliance governance structure and performance. Factors of both theories impacting each alliance stage and analytical explanations of such impacts are discussed.</p>

Governance mechanism alignment at the top and operating levels of alliance hierarchy: reconciling two competing schools of thought

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Xuan Bai ◽  
Shibin Sheng ◽  
Julie Juan Li
Keyword(s):  
Governance Mechanism ◽  
Governance Mechanisms ◽  
Relational Governance ◽  
Positive Interaction ◽  
Content Type ◽  
Alliance Performance ◽  
Operating Level ◽  
Hierarchical Levels ◽  
The Cross ◽  
Alliance Governance

Purpose This paper aims to examine alliance governance at different hierarchical levels. Design/methodology/approach The data is collected from both top-level and operating-level managers in 286 strategic alliances in China (a total of 572 managers). Hierarchical moderated regression models are adopted to test the hypotheses and two-stage regression analyzes are used to correct for endogeneity. Findings This paper finds that relational governance has a greater impact on alliance performance than contract utilization at the top level. Furthermore, the simultaneous use of relational governance at the top and operating levels have a detrimental impact on alliance performance. Finally, top-level contract utilization has a negative interaction with operating-level relational governance but a positive interaction with operating-level contract utilization. Research limitations/implication First, the cross-sectional nature of the data collection approach provides only a snapshot of how each type of governance mechanism and its interactions affect alliance performance. Second, the sample is limited to firms located in emerging markets. Practical implications Managers should realize that the effectiveness of contract and relational governance mechanisms varies across different management levels and they should be cautious about the cross-level governance mechanism alignment. Originality/value This study advances the interfirm governance literature in that this paper examined alliance governance at different hierarchical levels and provides new insights into the ongoing debate on whether the contract and relational governance mechanisms function as complements or substitutes by exploring the governance alignment across different alliance hierarchies.

scholarly journals The interplay of structural and relational governance in innovation alliances

2016 ◽  
Vol 16 (2) ◽  
pp. 117-134 ◽  
Author(s):  
P.J.P. Garbade ◽  
S.W.F. Omta ◽  
F.T.J.M. Fortuin
Keyword(s):  
Essential Role ◽  
Organizational Innovation ◽  
Knowledge Exchange ◽  
Innovation Process ◽  
Governance Mechanisms ◽  
Relational Governance ◽  
Cross Sectional ◽  
Alliance Performance ◽  
Alliance Partners

The present paper aims to extend the discussion in the governance literature about whether structural and relational governance mechanisms complement or substitute each other in innovation alliances. Where structural governance mechanisms refer to the division of tasks within the alliance and to upfront contractual and non-contractual input, output and risk-related agreements, relational governance mechanisms refer to trust, using informal norms and rules for coordination purposes. In innovation literature much attention has been paid to relational governance, which is expected to offer more of the flexibility needed for innovation than the regulations in structural governance that are perceived as rigid. However, the authors argue that the essential role of structural governance as a solid basis for creating trust, especially in alliances in which the partners do not know each other, is clearly underexposed in management literature. To fill this gap, a model conceptualizing the innovation alliance from inception to performance was tested using Partial Least Squares, employing a cross-sectional dataset of 94 innovation alliances in the Netherlands, Belgium, Germany and Austria. The results do indeed show the essential role of structural agreements in creating a platform for trust on which relational governance can strive, while a clear task division can help to reduce the complexity of the inter-organizational innovation process, by reducing the interdependency of the partners. Both structural mechanisms ease communication among the alliance partners, leading to a higher level of knowledge exchange, and ultimately leading to better alliance performance.

scholarly journals Geospatial Analysis and Mapping Strategies for Fine-Grained and Detailed COVID-19 Data with GIS

2021 ◽  
Vol 10 (9) ◽  
pp. 602
Author(s):  
Angel Miramontes Carballada ◽  
Jose Balsa-Barreiro
Keyword(s):  
Geospatial Analysis ◽  
Optimal Decision ◽  
Sensitive Information ◽  
Fine Grained ◽  
Health Authorities ◽  
Public Health Authorities ◽  
The Face ◽  
Predictive Risk ◽  
Optimal Decision Making ◽  
The Impact

The unprecedented COVID-19 pandemic is showing dramatic impact across the world. Public health authorities attempt to fight against the virus while maintaining economic activity. In the face of the uncertainty derived from the virus, all the countries have adopted non-pharmaceutical interventions for limiting the mobility and maintaining social distancing. In order to support these interventions, some health authorities and governments have opted for sharing very fine-grained data related with the impact of the virus in their territories. Geographical science is playing a major role in terms of understanding how the virus spreads across regions. Location of cases allows identifying the spatial patterns traced by the virus. Understanding these patterns makes controlling the virus spread feasible, minimizes its impact in vulnerable regions, anticipates potential outbreaks, or elaborates predictive risk maps. The application of geospatial analysis to fine-grained data must be urgently adopted for optimal decision making in real and near-real time. However, some aspects related to process and map sensitive health data in emergency cases have not yet been sufficiently explored. Among them include concerns about how these datasets with sensitive information must be shown depending on aspects related to data aggregation, scaling, privacy issues, or the need to know in advance the particularities of the study area. In this paper, we introduce our experience in mapping fine-grained data related to the incidence of the COVID-19 during the first wave in the region of Galicia (NW Spain), and after that we discuss the mentioned aspects.

Can Values of Honesty, Hard Work, Loyalty and Discipline Predict Entrepreneurial Orientation of Muslim Owner Managers?

2015 ◽  
Vol 3 (1) ◽  
pp. 31 ◽  
Author(s):  
Rohani Mohd ◽  
Badrul Hisham Kamaruddin ◽  
Khulida Kirana Yahya ◽  
Elias Sanidas
Keyword(s):  
Entrepreneurial Orientation ◽  
Two Dimensions ◽  
Hard Work ◽  
Small Scale ◽  
Sampling Frame ◽  
Policy Makers ◽  
Learning Institutions ◽  
Innovative Orientation ◽  
The Impact ◽  
True Values

The purpose of the present study is twofold: first, to investigate the true values of Muslim owner managers; second, to examine the impact of these values on entrepreneurial orientations of Muslim small-scale entrepreneurs. 850 Muslim owner managers were selected randomly using the sampling frame provided by MajlisAmanah Rakyat Malaysia (MARA). 162 completed questionnaires were collected and analyzed. For this paper only two dimensions of entrepreneurial orientations were analyzed: proactive orientation and innovative orientation. Interestingly, the findings revealed that Muslim businessmen/women are honest, loyal, disciplined and hard working. Loyalty and honesty are positively related to proactive orientation, while discipline and hard-work are positively related to innovative orientation. The findings provide implications for existing relevant theories, policy makers, practitioners and learning institutions. 

Particularities of the independent auditor's report on reliability of accounting (financial) statements for 2019: COVID-19 as qualitatively essential information (Part 2)

2020 ◽  
Vol 23 (7) ◽  
pp. 777-799
Author(s):  
O.I. Shvyreva ◽  
Z.I. Kruglyak ◽  
A.V. Petukh
Keyword(s):  
Financial Reporting ◽  
Financial Statements ◽  
Economic Situation ◽  
Risk Disclosure ◽  
Essential Information ◽  
Logical Method ◽  
Annual Reporting ◽  
The Face ◽  
Key Aspects ◽  
The Impact

Subject. This article discusses the issues related to the practice of financial reporting in the face of uncertainties caused by the coronavirus contagion, as well as the specifics of the audit strategy and formation of an audit opinion on this reporting. Objectives. The article aims to identify the quality characteristics of financial reporting prepared in the context of the COVID-19 pandemic and justify the key aspects of assurance engagement completion in an extremely uncertain epidemiological and economic situation. Methods. For the study, we used an abstract-logical method, content analysis techniques, systematization, and classification. Results. Analyzing the impact of the extremely uncertain epidemiological and economic situation on financial statements, the article clarifies aspects of disclosure of events after the reporting date and threats to business continuity in the annual reporting of economic entities. The article identifies possible alternative procedures and algorithms to obtain proper evidence when it is insufficient in the face of the inability to meet certain audit standards requirements in a remote audit environment. The article defines the impact of COVID-19 risk disclosure on the structure of the audit report and opinion. Relevance. The results of the study can be used in the practical activities of economic entities that prepare financial statements in the face of significant uncertainty, as well as auditors and audit organizations.

Safe development of business and national economy in the face of a pandemic and global recession

2020 ◽  
Vol 16 (6) ◽  
pp. 1182-1198
Author(s):  
I.V. Vyakina
Keyword(s):  
Economic Security ◽  
Global Recession ◽  
Graphical Visualization ◽  
National Economic ◽  
Business Support ◽  
The Face ◽  
The Russian Federation ◽  
Business Entities ◽  
Visualization Techniques ◽  
The Impact

Subject. This article deals with the issues related to the national economic security of the State in today's conditions. Objectives. The article aims to develop a set of special measures for additional business support to reduce the impact of restrictions imposed against the background of quarantine and the pandemic spread, and which would help prevent collapse of business entities. Methods. For the study, I used the methods of theoretical, systems, logical, and comparative analyses, and tabular and graphical visualization techniques. Results. The article proposes possible measures to support business aimed at reducing the costs of business entities due to the restrictions caused by the pandemic, that complement and explain the activities proposed by the President and Government of the Russian Federation, taking into account the regional and municipal levels. Conclusions. The uncertain current situation requires constant adjustment and adaptation of public policy in accordance with specific circumstances. Ensuring the country's economic security and sustainability associates with creation of a business organization system that connects public administration tools and business support and development opportunities under the changed environment.

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