Capture of value by stakeholders and firm performance: Does family management have a moderating impact?

2021 ◽  
Vol 39 (8) ◽  
Author(s):  
Montserrat Manzaneque-Lizano ◽  
María Carmen López-Taravilla ◽  
Jesús Fernando Santos Peñalver
Keyword(s):  
Empirical Evidence ◽  
Family Management ◽  
Company Performance ◽  
Value Capture ◽  
Internal Resources ◽  
Future Performance ◽  
Efficient Management ◽  
Aspiration Levels ◽  
Relational Management ◽  
The Impact

This work analyses the impact of gaps in stakeholder aspiration levels concerning value capture and company performance, especially regarding the impact on this relationship by family management. The work offers empirical evidence from a sample of 114 Spanish companies of a collaborative attitude among stakeholders when the gaps of generated value appropriations increase, thereby positively affecting company performance. In addition, when stakeholders receive less value than expected, empirical evidence indicates that the management of internal resources and stakeholder demands is more efficient in a family business, and this efficiency increases future performance. These results are useful for management because they demonstrate the relevance of efficient management of relational capital, and family businesses are examples of such relational management.

scholarly journals The effect of business model innovation on organization performance

2021 ◽  
pp. 1481-1488 ◽  
Author(s):  
Amineh A. Khaddam ◽  
Hani J. Irtaimeh ◽  
Ahmad Rajaa Salameh Al-Batayneh ◽  
Suliman Raja Salameh Al-Batayneh
Keyword(s):  
Business Model ◽  
Value Creation ◽  
Business Model Innovation ◽  
Arab Countries ◽  
Organization Performance ◽  
Company Performance ◽  
Value Proposition ◽  
Value Capture ◽  
The Impact ◽  
Measures Of Performance

The aim of the study is to investigate the impact of business model innovation (BMI) on firm performance. The sample of the study consisted of 120 managers from Alban Al-youm Company in Jordan, a leading dairy company. Data were collected using a questionnaire administered to managers. Eighty-seven questionnaires were retrieved valid for the purpose of data analysis. BMI was measured using three components: value creation, value proposition and value capture innovations while company performance was assessed via self-rated questions about operational measures of performance. The results accepted the hypotheses that all dimensions of BMI had significant effects on company performance. That being so, the study contributed to the literature on BMI on company performance in the absence of such studies that use samples for Arab countries, particularly, from Jordan in one of the most vital industries, which is a dairy industry.

Enhancing Firm Competitiveness through Concurrent Implementation of TQM, JIT and TPM

2014 ◽  
Vol 660 ◽  
pp. 976-982
Author(s):  
Lukman Sukarma
Keyword(s):  
Empirical Evidence ◽  
Research Methodology ◽  
Company Performance ◽  
Insufficient Evidence ◽  
Target Setting ◽  
Performance Targets ◽  
World Class ◽  
The Impact ◽  
Simultaneous Implementation ◽  
World Class Manufacturing

As a continuation of the previous paper by the author for this conference, this article provides empirical evidence for the impact of concurrent implementation of TQM, JIT and TPM in enhancing company performance, and hence its competitiveness. In doing this, ingredients of World Class Manufacturing company performance are reviewed, hypotheses and research methodology are developed, and data are analysed to verify the hypotheses. It is confirmed that plants implementing TQM, JIT and TPM concurrently outperform those, which implement only one or two of the methods, and there is no difference in performance among plants using either one or two of the methods. Further investigation on the causes of difference in performance reveals that, in addition to simultaneous implementation of the three methods, the establishment of performance targets leads to better performance. However, there is insufficient evidence to claim that involving employees in target setting has an effect on performance.

scholarly journals China’s Halal Food Industry: The Link Between Knowledge Management Capacity, Supply Chain Practices, and Company Performance

10.28945/4821 ◽  
2021 ◽  
Vol 16 ◽  
pp. 285-306
Author(s):  
Kamila Usmanova ◽  
Daoping Wang ◽  
Eli Sumarliah ◽  
Kawthar Mousa ◽  
Safiatou S Maiga
Keyword(s):  
Knowledge Management ◽  
Supply Chain ◽  
Empirical Evidence ◽  
Structural Equation ◽  
Food Industry ◽  
Future Research ◽  
Company Performance ◽  
Management Capacity ◽  
Halal Food ◽  
The Impact

Aim/Purpose: The study attempts to analyse the influences of knowledge management capacity on company performance and supply chain practices. It also examines whether supply chain practices significantly and positively impact company performance. Background: Knowledge management capacity is an essential tactical resource that enables the integration and coordination among supply chain stakeholders, but research examining the link between knowledge management capacity and supply chain practices and their impacts on company performance remains scarce. Methodology: The study uses correlation analysis and factor analysis to confirm the theoretical framework’s validity and structural equation modelling to test hypotheses. The data are obtained from 115 halal food firms in China (with a response rate of 82.7%). Contribution: This study’s findings contribute to the Social Capital Theory by presenting the impacts of different supply chain practices on company performance. The findings also suggest the impact of intangible resources on enhancing company performance, contributing to the Resource-based View Theory. These results are a crucial contribution to both academicians and corporate managers working in the Halal food industry. Managers can apply these findings to discover and adopt knowledge management capacity with practical anticipation that these concepts will align with their company strategies. Also, the research motivates managers to concentrate their knowledge management on enhancing companies’ supply chain practices to achieve improved company performance. Findings: This study is an initial effort that provides empirical evidence regarding the relationships among supply chain, knowledge management, and company performance from the perspective of China’s halal food industry. The results prove that knowledge management capacity is the supply chains’ primary success determinant and influencer. Besides, knowledge management capacity positively influences company performance, and supply chain practices directly influence company performance. Recommendations for Practitioners: Managers can apply these study findings to determine and increase knowledge management capacity with practical anticipation that these concepts will align with their company strategies. Also, the research motivates managers to concentrate their knowledge management on enhancing companies’ supply chain practices to achieve improved company performance. Recommendation for Researchers: The study presents a new theoretical framework and empirical evidence for surveying halal food businesses in China. Impact on Society: These results are a significant contribution to the research field and industry focusing on halal foods. Future Research: First, this research focuses only on halal food businesses in China; thus, it is essential to re-examine the hypothesized relations between the constructs in other Chinese business segments and regions. Next, the effect of variables and practices on the theorized framework should be taken into account and examined in other industries and nations.

Moderating influence of internal resources on cluster externalities

2014 ◽  
Vol 9 (1) ◽  
pp. 75-92 ◽  
Author(s):  
Isabel Diez-Vial ◽  
Marta Fernández-Olmos
Keyword(s):  
Human Resources ◽  
Empirical Evidence ◽  
Knowledge Spillovers ◽  
Primary Data ◽  
Tobit Regression ◽  
Content Type ◽  
Internal Resources ◽  
Geographical Concentration ◽  
The Impact ◽  
Tobit Regression Model

Purpose – The purpose of this paper is to assess the benefits to firms arising from their geographical concentration; paying particular attention to the impact of specialized employees, information and knowledge spillovers and a collective reputation. Design/methodology/approach – The authors have taken into account two main approaches: a cluster one, where location may increase firms’ competitiveness; and the resource-based view, where internal resources are the key for firms’ success. Empirical evidence has been gathered from the Ham cluster in Spain combining secondary and primary data. The authors undertook a Tobit regression model since the dependent variable is limited. Findings – The authors observe that firms with human resources tend to benefit more from cluster externalities. On contrary, R&D and advertising investments induce firms to isolate themselves from crowded areas and prevent any local leakage. Research limitations/implications – It would be interesting to better understand the role that human resources play; undertake a longitudinal analysis; and take into account the resources of other proximate firms. Practical implications – Local advantages depends the maturity of the industry by reducing the attractiveness of cluster locations through greater competition in the input and final markets; while internal resources may improve a firm's ability to absorb these externalities, they may also create leakage that benefits neighbouring firms. Originality/value – It combines two approaches evaluating the moderating influence of internal resources on local externalities. It also offers new empirical evidence from a low-tech industry.

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