Trade-off among lean, agile, resilient and green paradigms: an empirical study on pharmaceutical industry in Jordan using a TOPSIS-entropy method

2019 ◽  
Vol 11 (1/2) ◽  
pp. 69
Author(s):  
Taghrid Suifan ◽  
Moutaz Alazab ◽  
Salah Alhyari
Author(s):  
Steven Bernstein

This commentary discusses three challenges for the promising and ambitious research agenda outlined in the volume. First, it interrogates the volume’s attempts to differentiate political communities of legitimation, which may vary widely in composition, power, and relevance across institutions and geographies, with important implications not only for who matters, but also for what gets legitimated, and with what consequences. Second, it examines avenues to overcome possible trade-offs from gains in empirical tractability achieved through the volume’s focus on actor beliefs and strategies. One such trade-off is less attention to evolving norms and cultural factors that may underpin actors’ expectations about what legitimacy requires. Third, it addresses the challenge of theory building that can link legitimacy sources, (de)legitimation practices, audiences, and consequences of legitimacy across different types of institutions.


2012 ◽  
Vol 48 (No, 7) ◽  
pp. 321-326
Author(s):  
G. Chmelíková

The aim of the paper is to approximate the conclusions of the Trade-off model for practical usage in Czech dairies. In the contribution, there is carried on a transformation of the basic Trade - off model formula with respect to the practical usage. Then there is proposed a method of the quantification of unique factors of the Trade -off model theory. In order to measure some of these factors, there is partially used the methodology, which was proposed by Prof. Edward Altman. According to this methodology, it is possible to quantify part of the capital structure influences. The measurement is then valid for all firms in the sector. Following the results of empirical study which is carried on in this paper, one of the factors’ relationship is not constant in the Czech dairy sector. This limits the recommendation to use the common model for all of the firms in one sector. When making a financial decision, it is necessary, after quantification of the capital structure factors, to analyse individual ability of a firm to utilise foreign capital.


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