scholarly journals Are the determinants of markup size industry-specific? The case of Slovenian manufacturing firms

2011 ◽  
Vol 58 (2) ◽  
pp. 229-244 ◽  
Author(s):  
Nina Ponikvar ◽  
Maks Tajnikar
Keyword(s):  
Manufacturing Sector ◽  
Manufacturing Firms ◽  
Manufacturing Industries ◽  
Dynamic Panel ◽  
Pricing Policy ◽  
Large Variability ◽  
Oligopoly Theory ◽  
Determination Process ◽  
Precise Role

The aim of this paper is to identify factors that affect the pricing policy in Slovenian manufacturing firms in terms of the markup size and, most of all, to explicitly account for the possibility of differences in pricing procedures among manufacturing industries. Accordingly, the analysis of the dynamic panel is carried out on an industry-by-industry basis, allowing the coefficients on the markup determinants to vary across industries. We find that the oligopoly theory of markup determination for the most part holds for the manufacturing sector as a whole, although large variability in markup determinants exists across industries within the Slovenian manufacturing. Our main conclusion is that each industry should be investigated separately in detail in order to assess the precise role of markup factors in the markup-determination process.

scholarly journals IMPACT OF DIVIDEND PAYOUT ON FIRM’S PERFORMANCE UNDER LOW GROWTH OPPORTUNITIES

2021 ◽  
Vol 9 (3) ◽  
pp. 1156-1165
Author(s):  
Taymoor Ali ◽  
Muhammad Kashif Khurshid ◽  
Adnan Ali Chaudhary
Keyword(s):  
Stock Exchange ◽  
Manufacturing Sector ◽  
Secondary Data ◽  
Financial Statements ◽  
Manufacturing Firms ◽  
Growth Opportunities ◽  
Dividend Payout ◽  
Relationship Of ◽  
The Relationship

Purpose of the study: The objective of the study was to investigate the relationship of the dividend payout on a firm's performance under low growth opportunities from the manufacturing sector of Pakistan. Methodology: A sample of 251 firms out of 378 manufacturing firms listed at the Pakistan Stock Exchange (PSX), have been carefully chosen for the era of ten years from 2006 to 2015. The secondary data was obtained from the firm’s web financials and analysis of financial statements, published by the statistics department of the State Bank of Pakistan. For the persistence of investigation panel data (fixed effect) analyses were employed in this study. Main Findings: The fallouts of the analysis revealed that the dividend payout ratio has an insignificant relationship with the firm's performance in the low growth perspectives of the study. Applications of this study: The findings of the study are helpful for the financial managers of the firms facing low growth opportunities. Furthermore, the investors in capital markets can use the findings of this while investing. The originality of this study: The study focussed on the role of low growth opportunities while studying the nexus of dividend pay-out and the firm’s financial performance which inherits the novelty and originality of the study.

Development of an integrated framework of LGSS strategies for Indian manufacturing firms to improve business performance: an empirical study

2020 ◽  
Vol 33 (1) ◽  
pp. 257-291 ◽  
Author(s):  
Lokpriya Gaikwad ◽  
Vivek Sunnapwar
Keyword(s):  
Six Sigma ◽  
Positive Impact ◽  
Manufacturing Sector ◽  
Manufacturing Firms ◽  
Manufacturing Industries ◽  
Environmental Benefits ◽  
Future Research ◽  
Continuous Growth ◽  
Content Type ◽  
Indian Industries

PurposeThis article aims to explore synergies between Lean, Green and Six Sigma practices in order to propose an integrated LGSS framework for continuous and incremental improvement in the Indian manufacturing industries. The three-dimensional LGSS framework seeks to provide various combinations and support operational, financial, environmental and social needs.Design/methodology/approachIn the research method, first, the current problems faced by Indian manufacturing industries are considered and proposition of a conceptual framework that qualitatively integrates synergistic aspects of Lean, Green and Six Sigma practices, and second, the framework is checked by a survey taken from 203 Indian firms by using SPSS-AMOS.FindingsThe hypothesized result suggests that the positive impact of integrated practices on firm performance in terms of operational, financial, social and environmental outcomes. It also provides a systemic and holistic approach to problem-solving through constant and incremental enhancement in the manufacturing sector.Research limitations/implicationsIn this research, only Indian manufacturing industries have been studied but can be extending into different geographical areas and sectors. Future research is also possible for different behavior and characteristics of companies that can lead to recommending strategies on how companies can improve performance. Most importantly, future research can try to understand which specific practice can contribute to competitive advantage and business success.Practical implicationsManufacturing firms that want to improve environmental sustainability should implement integrated LGSS practices into their supply chain. The set of combined practices improves operational, social, economical and environmental benefits.Social implicationsThe research presents an integrated approach of LSS for the manufacturing industry which leads their business processes to achieve economic sustainability through continuous growth and improved operational efficiency. Manufacturing industries result in outcomes like reduced cost, lead time, improved quality, sustainable market position, profitability, customer satisfaction, etc.Originality/valueThis research is different from previous studies because it integrates Lean, Green and Six Sigma practices into a unique framework that fulfills a specific need of the Indian manufacturing sector that guides operational, social, environmental and financial issues in Indian industries.

scholarly journals Technical Efficiency and Technical Change in Canadian Manufacturing Industries

2014 ◽  
Vol 2014 ◽  
pp. 1-8
Author(s):  
Samuel Gamtessa
Keyword(s):  
Technical Efficiency ◽  
Technical Change ◽  
Fixed Effects ◽  
Manufacturing Sector ◽  
Stochastic Frontier ◽  
Manufacturing Industries ◽  
Omitted Variables ◽  
Dynamic Panel ◽  
Data Set ◽  
Canadian Manufacturing

This study applies the “true fixed effects” panel stochastic frontier methodology to the Canadian KLEMS data set to estimate technical change and technical efficiency in the Canadian manufacturing sector. To account for the endogeneity of capital inputs as well as the possible problems related to omitted variables, a two-stage residual inclusion method is pursued. The first stage is estimated using the dynamic panel GMM method. The results show that Canadian manufacturing industries experienced significant declines in technical efficiencies during the last ten years. This suggests that the observed slowdown in TFP growth during the recent past is partly due to declining technical efficiency.

scholarly journals The Relationship between Time Based Management towards Manufacturing Capabilities: Investigating in Malaysian Manufacturing Industries

2018 ◽  
Vol 150 ◽  
pp. 06013
Author(s):  
Mohammad Harith Bin Amlus ◽  
Amlus Ibrahim ◽  
Ahmad Zaidi Abdullah ◽  
U. Naeimah Saraeh ◽  
Adi Anuar Azmin ◽  
...  
Keyword(s):  
Industry 4.0 ◽  
Northern Region ◽  
Manufacturing Firms ◽  
Manufacturing Industries ◽  
Significant Relationships ◽  
Dependent Variables ◽  
Regression Techniques ◽  
Study Support ◽  
The Relationship

Towards Industry 4.0, Malaysian Manufacturing Firms need to identify back their manufacturing capabilities especially to increase the performance and profit. This research is conducted to identify the role of manufacturing practices towards manufacturing capabilities. From this information it can provide valuable ingredients for companies in sustainable their operation. The identified factor of manufacturing practices is time based management and the dependent variables is manufacturing capabilities(focusing on agility. Through the survey, a total of 119 firms representing various industries in Northern Region of Malaysia had responded. The hypotheses involved were tested using correlation and regression techniques. The results of the study support the hypotheses. The multiple regression analysis indicates that there are significant relationships among this role on manufacturing capabilities. It is believed that results of this study will be beneficial to the top management of Malaysian manufacturing industries to focus on tim e based management and agility to increase the manufacturing capabilities.

Impact of customer-oriented strategy on financial performance with mediating role of HRM and innovation capability

2019 ◽  
Vol 48 (3) ◽  
pp. 631-643 ◽  
Author(s):  
Naveed Iqbal Chaudhry ◽  
Iqra Aftab ◽  
Zainab Arif ◽  
Usman Tariq ◽  
Muhammad Azam Roomi
Keyword(s):  
Financial Performance ◽  
Structural Equation ◽  
Manufacturing Sector ◽  
Manufacturing Firms ◽  
Organizational Capabilities ◽  
Equation Modeling ◽  
Innovation Capability ◽  
Content Type ◽  
Mediating Role

Purpose The purpose of this paper is to explain the relationship between customer-oriented strategy (COS) and financial performance (FP) of firm, to examine the role of supportive human resource management (HRM) in COS implementation and contribution toward FP of firm. It also examines the mediating role of innovation capability (IC) between COS and FP of firm. Design/methodology/approach The approach used for this study is quantitative. Data required for testing of hypothesis were gathered from the managers of manufacturing firms of Gujranwala, Pakistan. To conduct the data analysis, structural equation modeling was used. Findings Findings of this study showed that there is significantly positive relation between COS and FP with the significant positive mediating effects of supportive HRM and IC. Research limitations/implications This research has been conducted in manufacturing sector only. So, it is suggested to future researchers to carry out this research in other sectors. Second, this research focused only on IC but there are many other organizational capabilities (OC) that can be used. Practical implications This research would be helpful for all firms adopting COS to understand that how to mobilize their HR to accomplish the purpose of strategy. It will enable manufacturing firms to understand and work on IC. Originality/value This study is anticipated to add value to the existing literature of strategy process and OC. This study is one of the first to examine IC as mediator between COS and organizational FP so it opens new areas for research.

scholarly journals Overview Role of Simulation Package in Virtual Manufacturing and for CNC Machinery

2018 ◽  
Vol 7 (2.8) ◽  
pp. 702
Author(s):  
R. Mahesh ◽  
J. Ganesh Murali ◽  
R. Arulmurugan
Keyword(s):  
Tool Path ◽  
Manufacturing Sector ◽  
Virtual Manufacturing ◽  
Manufacturing Industries ◽  
Numerical Control ◽  
Production Volume ◽  
Software Packages ◽  
Development Cycle ◽  
Additional Role

Computer Numerical Control Machines (CNC) totally changed the scenario in manufacturing industries in terms of production volume, easy flexibility and with fewer deviations.    As customers expect high grade of accuracy, precision, reliable and prompt supply it became essential in the manufacturing sector to reduce the time for developing and proving out new products. Normally programming and proving out the same plays a significant role in the product development cycle. Nowadays several software packages are there to stimulate the tool path, sequence of operations and validation of the program to ensure flawless performance. These packages do serve additional role of optimizing the program sequence and reduce the cycle time involved to manufacture the parts concerned.

scholarly journals Competitiveness of Indian Manufacturing

1998 ◽  
Vol 23 (3) ◽  
pp. 25-36 ◽  
Author(s):  
Pankaj Chandra ◽  
Trilochan Sastry
Keyword(s):  
Supply Chain ◽  
Manufacturing Sector ◽  
International Comparisons ◽  
Manufacturing Firms ◽  
Manufacturing Strategy ◽  
Chain Management ◽  
The Us ◽  
World Class ◽  
Indian Manufacturing Sector

This paper by Pankaj Chandra and Trilochan Sastry reports the findings of a survey to study the competitiveness of Indian manufacturing sector. The paper identifies the priorities of Indian manufacturing firms, the programmes that they undertake to reach their objectives, and the outcome or the performance of these firms. The authors also present some international comparisons based on a similar study done in the US. The paper highlights the role of innovation and supply chain management as a part of any robust manufacturing strategy in developing world-class operations.

Antecedents of organizational citizenship behavior towards the environment in manufacturing organizations: using a structural equation modeling approach

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Noor Ullah Khan ◽  
Ateeq-ur- Rehman Irshad ◽  
Roselina Ahmad Saufi ◽  
Adeel Ahmed
Keyword(s):  
Organizational Citizenship Behavior ◽  
Structural Equation ◽  
Manufacturing Sector ◽  
Manufacturing Firms ◽  
Citizenship Behavior ◽  
Equation Modeling ◽  
Content Type ◽  
Mediating Role ◽  
The Impact

PurposeOrganizations worldwide are integrating sustainability into their operations to reduce the damage they do to the environment and to earn a better reputation in society. Scholars have acknowledged the role of environmental transformational leadership (ETL) in creating pro-environmental behaviors (PEBs). The manufacturing sector has shown interest in accepting an environmental management system (EMS) and fostering a mechanism for what is called perceived support organizational support for the environment (POSE). Voluntary PEBs taking the form of organizational citizenship behavior toward the environment (OCBE) increasingly interests researchers because it is important for the success of the EMS in the manufacturing sector. This study aims to investigate the mediating role of the EMS and POSE in the relationship between ETL and OCBE within ISO14001-certified Malaysian manufacturing firms.Design/methodology/approachA quantitative design was used based on a positivist approach. The data of 216 manufacturing firms were targeted using random probability sampling via a survey questionnaire. Later, the data were analyzed through the structural equation modeling (SEM) method using the SmartPLS 3.3.3 software.FindingsResearch findings confirmed a significant direct positive relationship between ETL and OCBE. Also, they confirmed the mediating role of the EMS and POSE in the relationship between ETL and OCBE among ISO14001-certified Malaysian manufacturing firms.Research limitations/implicationsThis research has vital ramifications for both managers and organizations. Manufacturing firms should modify the traditional OCB towards pro-environmental OCBE using key antecedents, e.g. ETL, EMS and POSE.Originality/valueThe study analyzed the impact of ETL on OCBE through the mediating role of PSOE and the EMS. Here the focus is on the impact of OCBE key antecedents, i.e. ETL, EMS and POSE in predicting OCBE among ISO14001-certified Malaysian manufacturing firms.

scholarly journals The Time Profile of the Cost Structure in Pakistan’s Manufacturing Sector

1999 ◽  
Vol 38 (4II) ◽  
pp. 1101-1116
Author(s):  
Eatzaz Ahmad ◽  
Muhammad Idrees
Keyword(s):  
Manufacturing Sector ◽  
Time Profile ◽  
Cost Structure ◽  
Manufacturing Industries ◽  
Competitive Environment ◽  
Substantial Growth ◽  
Tax Holidays ◽  
The 1960S ◽  
The Cost

The manufacturing sector of Pakistan has at times played the role of the leading sector of the economy. The successful experience of planned growth in the 1960s owes much to the special attention paid to the growth of manufacturing sector. Policies like the export bonus scheme, tax-holidays, subsidised import of capital, easy and subsidised loans and over-valued exchange rate, resulted in a substantial growth in the sector. However, with over-protection of the sector, nationalisation of some of the major industries in the 1970s and, later-on, over-employment in the nationalised industries, the performance of the sector started to deteriorate gradually. It is now widely believed that many of the manufacturing industries in Pakistan have become inefficient because they have not been exposed to competitive environment due to protective and distortionary policies.

Determinants of Innovation in Selected Manufacturing Firms in India: Role of R&D and Exports

2018 ◽  
Vol 23 (1) ◽  
pp. 65-84 ◽  
Author(s):  
K. Seenaiah ◽  
Badri Narayan Rath
Keyword(s):  
Manufacturing Sector ◽  
Capital Intensity ◽  
Probit Model ◽  
Manufacturing Firms ◽  
Firm Age ◽  
Key Factors ◽  
Firm Level ◽  
Export Orientation ◽  
Innovation Activities

This article examines the determinants of innovation using selected manufacturing firms in India. Our study is based on 190 manufacturing firms which were surveyed from Bengaluru and Hyderabad cities in India. The results based on panel probit model reveal that exports and R&D expenditure positively and significantly affect the innovation in case of manufacturing sector. Other key factors such as import intensity, manager’s prior experience, and conducting training sessions to the employee at firm level do positively affect the innovation activities. However, firm age and capital intensity negatively affect innovation. The results suggest the policymakers to concentrate more on export orientation policies and investing in R&D through subsidising or creating more R&D incentive projects which would significantly boost innovations in India.

Sign in / Sign up

Export Citation Format

Share Document