Cost Management Research

2017 ◽  
Vol 30 (3) ◽  
pp. 187-209 ◽  
Author(s):  
Rajiv D. Banker ◽  
Dmitri Byzalov ◽  
Shunlan Fang ◽  
Yi Liang
Keyword(s):  
Cost Management ◽  
Research Literature ◽  
Financial Accounting ◽  
Future Research ◽  
Management Research ◽  
Managerial Decisions ◽  
Conceptual Innovation ◽  
Challenges And Opportunities ◽  
Cost Behavior ◽  
Operating Decisions

ABSTRACTThe traditional view of cost behavior assumes a simple mechanistic relation between cost drivers and costs. In contrast, contemporary cost management research recognizes that costs are caused by managers' operating decisions subject to various constraints, incentives, and psychological biases. This conceptual innovation opens up the “black box” of cost behavior and gives researchers a powerful new way to use observed cost behavior as a lens to study the determinants and the consequences of managers' operating decisions. Banker and Byzalov (2014) presented an overview of the economic theory of cost behavior and major estimation issues. The research literature on cost management has grown rapidly in the past few years and has enhanced the understanding of how managerial decisions influence observed costs. In this study, we provide a comprehensive review of recent findings and insights, with a particular emphasis on the implications of cost management for understanding issues in cost, managerial, and financial accounting, and challenges and opportunities for future research.

scholarly journals Green IoT for Eco-Friendly and Sustainable Smart Cities: Future Directions and Opportunities

2021 ◽  
Author(s):  
Faris. A. Almalki ◽  
S. H. Alsamhi ◽  
Radhya Sahal ◽  
Jahan Hassan ◽  
Ammar Hawbani ◽  
...  
Keyword(s):  
Energy Consumption ◽  
Smart City ◽  
Cost Management ◽  
Smart Cities ◽  
Life Quality ◽  
Future Research ◽  
The Internet ◽  
Future Directions ◽  
Challenges And Opportunities ◽  
The Internet Of Things

AbstractThe development of the Internet of Things (IoT) technology and their integration in smart cities have changed the way we work and live, and enriched our society. However, IoT technologies present several challenges such as increases in energy consumption, and produces toxic pollution as well as E-waste in smart cities. Smart city applications must be environmentally-friendly, hence require a move towards green IoT. Green IoT leads to an eco-friendly environment, which is more sustainable for smart cities. Therefore, it is essential to address the techniques and strategies for reducing pollution hazards, traffic waste, resource usage, energy consumption, providing public safety, life quality, and sustaining the environment and cost management. This survey focuses on providing a comprehensive review of the techniques and strategies for making cities smarter, sustainable, and eco-friendly. Furthermore, the survey focuses on IoT and its capabilities to merge into aspects of potential to address the needs of smart cities. Finally, we discuss challenges and opportunities for future research in smart city applications.

Asymmetric Cost Behavior

2014 ◽  
Vol 26 (2) ◽  
pp. 43-79 ◽  
Author(s):  
Rajiv D. Banker ◽  
Dmitri Byzalov
Keyword(s):  
Empirical Evidence ◽  
Adjustment Costs ◽  
Financial Accounting ◽  
Alternative View ◽  
Behavior Model ◽  
Managerial Decisions ◽  
Cost Behavior ◽  
Resource Adjustment ◽  
Asymmetric Cost ◽  
Asymmetric Cost Behavior

ABSTRACT We synthesize the growing literature on asymmetric cost behavior—a new way of thinking about costs and, by extension, earnings. While the traditional cost behavior model describes a mechanistic relation between activity and costs, this alternative view recognizes the primitives of cost behavior—resource adjustment costs and managerial decisions. These primitives give rise to “sticky” and “anti-sticky” costs, along with traditional “fixed” and “variable” costs as extreme cases. We formulate an integrated framework of asymmetric cost behavior and review the empirical evidence in support of this framework and its implications for both cost and financial accounting research. We clarify empirical issues and show that recent contrary claims about the validity of findings in the literature are unwarranted because of econometric errors. We present new comprehensive evidence from Global Compustat, which demonstrates that asymmetric cost behavior is a pervasive global phenomenon. We also discuss research opportunities.

scholarly journals Visual Analysis on Knowledge Management Research Using Citespace

2019 ◽  
Vol 9 (2) ◽  
pp. 83
Author(s):  
Jincheng Shi ◽  
Ru Zhang ◽  
Hongfei Guo ◽  
Yi Zhou ◽  
Changxing Deng ◽  
...  
Keyword(s):  
Knowledge Management ◽  
Visual Analysis ◽  
Relevant Literature ◽  
Development Stage ◽  
Research Literature ◽  
Current Status ◽  
Research Trend ◽  
Future Research ◽  
Management Research ◽  
Bibliometric Method

In recent years, research on knowledge management has become a hot issue in academia and industry. From the research literature of existing scholars on knowledge management, although research in this field has yielded a large amount of important research results, however, there is a lack of quantitative literature review to summarize the current status and development of the field. Most studies lack in-depth and extensional research on the basis of predecessors. This paper uses the bibliometric method to conduct statistical analysis of the literature in the field of knowledge management research, perform visualized analysis of the content of knowledge management research with citespace software, aiming to further understand the development of knowledge management research through analysis of relevant literature, frontier hotspots and future trends. The results of the research show: knowledge management research enters explosive development stage; Interdisciplinary and multidisciplinary research will gradually become the direction of development in this field; the integration of knowledge management and big data will become future research trend.

scholarly journals Cost behavior in enterprises of the brewing industry

2018 ◽  
pp. 111-119
Author(s):  
Yakiv Averkin
Keyword(s):  
Cost Management ◽  
Brewing Industry ◽  
Manufacturing Enterprises ◽  
Managerial Decisions ◽  
Business Efficiency ◽  
Cost Behavior ◽  
Manufacturing Technologies ◽  
Industry Needs ◽  
Theoretical Considerations ◽  
Practical Recommendations

The article points out that enterprises operating in a competitive environment are facing challenges of formulating and making sound managerial decisions, which will enable entities to increase production and business efficiency. As shown in the paper, there is a need of operational cost analysis in enterprises, which will not only help them optimize processes, but also enable companies to plan and forecast further growth in the brewing industry by taking into account trends of previous years. After reviewing the research studies relevant to cost management in manufacturing enterprises, it is confirmed that cost management in enterprises of the brewing industry needs to be improved. This might be explained by the fact that enterprises of the brewing industry use various manufacturing technologies, which poses difficulties for comparing the stages of development of each enterprise in the industry. Special aspects of cost behavior in enterprises of the brewing industry are highlighted. The purpose of the article is to reveal common factors of cost behavior and describe classifications of costs in enterprises of the brewing industry. A special reference is made to a theoretical framework and practical recommendations on improving cost behavior in enterprises of the brewing industry. For the purpose of the article, the following research methods are applied: induction, deduction and comparison. These methods make it possible to classify costs according to certain criteria, and thus increase production and business efficiency of brewing enterprises. The analysis suggests that cost management should be based on features (criteria) which take into account cost value, making managerial decisions and regulation / control over production and business operation of enterprises. The suggested criteria are supposed to serve as a basis for developing operational plans of brewing enterprises. A series of theoretical considerations on cost behavior formulated in the article are of applicable nature and may be applied into practice. Finally, the paper provides recommendations on cost management in enterprises of the brewing industry.

Roles of externalisation activities in the design process

2016 ◽  
Vol 11 (1) ◽  
pp. 34
Author(s):  
Maral Babapour Chafi
Keyword(s):  
Design Process ◽  
Design Research ◽  
Research Literature ◽  
Physical Models ◽  
Future Research ◽  
Knowledge Gaps ◽  
Design Processes ◽  
Digital Modelling

Designers engage in various activities, dealing with different materials and media to externalise and represent their form ideas. This paper presents a review of design research literature regarding externalisation activities in design process: sketching, building physical models and digital modelling. The aim has been to review research on the roles of media and representations in design processes, and highlight knowledge gaps and questions for future research.

Challenges and Opportunities for Neuroimaging in Young Patients with Traumatic Brain Injury: a Coordinated Effort towards Advancing Discovery from the ENIGMA Pediatric Moderate/Severe TBI Group

2019 ◽  
Author(s):  
Emily L. Dennis ◽  
Karen Caeyenberghs ◽  
Robert F. Asarnow ◽  
Talin Babikian ◽  
Brenda Bartnik-Olson ◽  
...  
Keyword(s):  
Traumatic Brain Injury ◽  
Brain Injury ◽  
Meta Analysis ◽  
Young Patients ◽  
Future Research ◽  
Childhood And Adolescence ◽  
Developmental Issues ◽  
Challenges And Opportunities ◽  
Severe Tbi ◽  
Advance Research

Traumatic brain injury (TBI) is a major cause of death and disability in children in both developed and developing nations. Children and adolescents suffer from TBI at a higher rate than the general population; however, research in this population lags behind research in adults. This may be due, in part, to the smaller number of investigators engaged in research with this population and may also be related to changes in safety laws and clinical practice that have altered length of hospital stays, treatment, and access to this population. Specific developmental issues also warrant attention in studies of children, and the ever-changing context of childhood and adolescence may require larger sample sizes than are commonly available to adequately address remaining questions related to TBI. The ENIGMA (Enhancing NeuroImaging Genetics through Meta-Analysis) Pediatric Moderate-Severe TBI (msTBI) group aims to advance research in this area through global collaborative meta-analysis. In this paper we discuss important challenges in pediatric TBI research and opportunities that we believe the ENIGMA Pediatric msTBI group can provide to address them. We conclude with recommendations for future research in this field of study.

scholarly journals Living Labs for Public Sector Innovation: An Integrative Literature Review

2021 ◽  
Vol 11 (2) ◽  
pp. 58
Author(s):  
Lars Fuglsang ◽  
Anne Vorre Hansen ◽  
Ines Mergel ◽  
Maria Taivalsaari Røhnebæk
Keyword(s):  
Public Sector ◽  
Literature Review ◽  
Public Administration ◽  
Research Literature ◽  
Future Research ◽  
The Public ◽  
Public Sector Innovation ◽  
Multiple Dimensions ◽  
Living Labs ◽  
Elusive Concept

The public administration literature and adjacent fields have devoted increasing attention to living labs as environments and structures enabling the co-creation of public sector innovation. However, living labs remain a somewhat elusive concept and phenomenon, and there is a lack of understanding of its versatile nature. To gain a deeper understanding of the multiple dimensions of living labs, this article provides a review assessing how the environments, methods and outcomes of living labs are addressed in the extant research literature. The findings are drawn together in a model synthesizing how living labs link to public sector innovation, followed by an outline of knowledge gaps and future research avenues.

scholarly journals Co-Creating New Directions for Service Robots in Hospitality and Tourism

2021 ◽  
Vol 2 (1) ◽  
pp. 43-61
Author(s):  
Francesc Fusté-Forné ◽  
Tazim Jamal
Keyword(s):  
Ethical Issues ◽  
Research Literature ◽  
Service Robots ◽  
Future Research ◽  
Research Attention ◽  
Research And Practice ◽  
Tourism Management ◽  
New Directions ◽  
Hospitality And Tourism ◽  
New Research

Research on the relationship between automation services and tourism has been rapidly growing in recent years and has led to a new service landscape where the role of robots is gaining both practical and research attention. This paper builds on previous reviews and undertakes a comprehensive analysis of the research literature to discuss opportunities and challenges presented by the use of service robots in hospitality and tourism. Management and ethical issues are identified and it is noted that practical and ethical issues (roboethics) continue to lack attention. Going forward, new directions are urgently needed to inform future research and practice. Legal and ethical issues must be proactively addressed, and new research paradigms developed to explore the posthumanist and transhumanist transitions that await. In addition, closer attention to the potential of “co-creation” for addressing innovations in enhanced service experiences in hospitality and tourism is merited. Among others, responsibility, inclusiveness and collaborative human-robot design and implementation emerge as important principles to guide future research and practice in this area.

A PRISMA Review of Research on Music Practice

2021 ◽  
pp. 102986492110055
Author(s):  
Ee Ran How ◽  
Leonard Tan ◽  
Peter Miksza
Keyword(s):  
Self Regulation ◽  
Deliberate Practice ◽  
Geographical Location ◽  
Final Analysis ◽  
The United States ◽  
Research Literature ◽  
Mental Practice ◽  
Future Research ◽  
Complex Activity ◽  
Music Practice

We employed the PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-Analyses) method to systematically review research on music practice from 1928 until June 2020 and identified a total of 3,102 records using our inclusion criteria, of which a total of 296 were eventually selected for the final analysis. We tabulated percentages and frequencies of (a) publications in ten-year periods, (b) type of publications, (c) sampling by geographical location, (d) methodologies used, (e) the top tenth percentile of the most highly cited research, and (f) topics covered. Our analyses reveal that particularly strong growth occurred in the literature between 2000 and 2020. In the literature we retrieved, the most commonly sampled research participants were those in the United States, followed by the United Kingdom and Australia. Quantitative research designs were most prevalent, accounting for two-thirds of all studies reviewed (66.2%), with questionnaires and recordings being the most common methods of data collection. Non-empirical papers (17.5%) as well as studies incorporating qualitative (13.5%) and mixed-methods designs (3.1%) were much less prevalent. Ericsson et al.’s (1993) seminal study of deliberate practice, Driskell et al.’s (1994) review of the research literature on mental practice, and Sloboda et al.’s (1996) study of young musicians were by far the most often cited. Overall, the most common topics addressed were deliberate practice, practice strategies, mental practice, the benefits of practice, metacognition, self-regulation, and self-efficacy, suggesting that music practice is a rich, multifaceted, and complex activity. In light of the findings, recommendations for practice and implications for future research are provided.

scholarly journals Purpose in the For-Profit Firm: A Review and Framework for Management Research

2021 ◽  
pp. 014920632110064
Author(s):  
Gerard George ◽  
Martine R. Haas ◽  
Anita M. McGahan ◽  
Simon J. D. Schillebeeckx ◽  
Paul Tracey
Keyword(s):  
Stock Market ◽  
Employee Satisfaction ◽  
Institutional Context ◽  
Organizational Outcomes ◽  
Review Literature ◽  
Future Research ◽  
Management Research ◽  
For Profit ◽  
Stock Market Performance ◽  
Pluralistic Approach

Purpose is a concept often used in managerial communities to signal and define a firm’s benevolent and pluralistic approach to its stakeholders beyond its focus on shareholders. While some evidence has linked purpose to positive organizational outcomes such as growth, employee satisfaction, innovation, and superior stock market performance, the definition and application of purpose in management research has been varied and frequently ambiguous. We review literature streams that invoke purpose in the for-profit firm and propose a unifying definition. Next, we develop a framework to study purpose that decouples its framing and formalization within firms from its realization, thus helping to avoid conflation of the presence of purpose with positive organizational outcomes. The framework also highlights internal and external drivers that shape the framing of purpose as well as the influence of the institutional context on its adoption and effectiveness. Finally, we provide a rich agenda for future research on purpose.

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