scholarly journals Customer Concentration, Managerial Ability, and Corporate Performance

2022 ◽  
Vol 12 ◽  
Author(s):  
Guanghui Jin ◽  
Qingjuan Jiang ◽  
Xiaolin Liu
Keyword(s):  
Research And Development ◽  
Corporate Performance ◽  
Utilization Efficiency ◽  
Managerial Ability ◽  
Gross Margin ◽  
Lower Efficiency ◽  
Significant Negative Effect ◽  
Negative Effect ◽  
The Relationship ◽  
D Investment

We examined whether and how managerial ability affects the relationship between customer concentration and corporate performance. Based on a novel measure of managerial ability, we found that customer concentration has a significant negative effect on corporate performance, while managerial ability can mitigate this effect. The negative effect of customer concentration is only significant in the subsample of low ability and lower efficiency in asset utilization, while the moderating effect of managerial ability is significant for all levels of asset utilization efficiency and more significant for firms with a lower gross margin. The results are robust to numerous robustness tests and endogeneity concerns. Additional analysis of mechanisms shows that in addition to superior operating ability, competent managers select major customers who are more beneficial to their company and decrease the sensitivity of their research and development (R&D) investment to customers. These findings indicate that the heterogeneity of managerial ability plays an important role in the supplier–customer context when the supplier firm generally faces one or more concentrated customers.

scholarly journals Tanggung Jawab Sosial Dan Risiko Sistematis: Efek Moderasi Dari Fleksibilitas Keuangan Dan Investasi Penelitian Dan Pengembangan

2021 ◽  
Vol 4 (2) ◽  
pp. 162-185
Author(s):  
Anita Anita ◽  
Lisa Lim
Keyword(s):  
Regression Analysis ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Research And Development ◽  
Stock Prices ◽  
Systematic Risk ◽  
Financial Flexibility ◽  
Corporate Social ◽  
The Relationship ◽  
D Investment

The study is conducted with the aim of examining the effect of corporate social responsibility on systematic risk in companies listed on the IDX for the period of 2016-2020. This study adds financial flexibility and research and development investment as moderators which are still remain unexplored in Indonesia. This research is expected to be able to make investors consider social responsibility as a factor in making investment decisions. The data taken are stock prices, annual reports and sustainability reports which are secondary data. Data collection using purposive sampling method with certain criteria so that the number of samples in this study amounted to 43 companies. In testing the hypothesis using panel data regression analysis techniques with eviews. The results of the regression analysis show that the existence of corporate social responsibility has a significant positive effect on systematic risk. The moderating variable of financial flexibility does not affect the relationship between CSR and systematic risk. Then the research and development investment variables weaken the relationship between CSR and systematic risk. Therefore, management is expected to pay attention to R&D investment in making CSR policies. This study explains that R&D investment is one of the important roles in company sustainability.

scholarly journals The Relationship between Corporate Performance and Ownership Structure: Evidence from Turkey

2015 ◽  
Vol 5 (2) ◽  
pp. 9-18
Author(s):  
Hicabi Ersoy ◽  
Ayben Koy
Keyword(s):  
Ownership Structure ◽  
Significant Relationship ◽  
Corporate Performance ◽  
Stock Exchange ◽  
Listed Companies ◽  
Main Hypothesis ◽  
Statistical Population ◽  
Istanbul Stock Exchange ◽  
Negative Effect ◽  
The Relationship

This study investigates the effects of ownership structure on the performance of the listed companies in Borsa Istanbul Stock Exchange 30 Firms (BIST 30). The main hypothesis of our study is that there is a significant relationship between companies' performances and their ownership structures.The statistical population includes 19 non-financial companies in the period of years between 2008 and 2013. The results show that the concentration of the large shares of companies one or a few share holders has a negative effect on related firm’s performance.

scholarly journals Circular Causality of R&D and Export in EU countries

2015 ◽  
Vol 1 (1) ◽  
pp. 82 ◽  
Author(s):  
Dilek Cetin ◽  
Michele Cincera
Keyword(s):  
Research And Development ◽  
Manufacturing Industry ◽  
Community Innovation Survey ◽  
Eu Countries ◽  
Export Behaviour ◽  
Knowledge Intensive ◽  
The One ◽  
Circular Causality ◽  
The Relationship ◽  
D Investment

The main objective of the study is to explore the relationship between Research and Development (R&D) investments and export behaviour in EU countries in the aspect of competitiveness. To this end, the micro-aggregated Community Innovation Survey 3 (CIS3) is used. Both the volume and the decision of R&D investment and export are found to be mutually dependent. Particularly, in manufacturing industry, the effect of export on R&D is underestimated and the one of R&D on export is overestimated. In the knowledge intensive sectors, circular causality link is broken between the R&D and export.

scholarly journals HOW DO GOVERNMENTS SPEND THEIR PUBLIC SPENDING?

2016 ◽  
Vol 12 (2) ◽  
pp. 135
Author(s):  
Munhamik Luthfia ◽  
Baldric Siregar
Keyword(s):  
Health Expenditure ◽  
Public Spending ◽  
Education Expenditure ◽  
Regression Methods ◽  
Significant Negative Effect ◽  
Local Expenditure ◽  
Negative Effect ◽  
Keywords Education ◽  
The Relationship ◽  
Positive Effect

Abstrak: Bagaimana Pemerintah Mengalokasikan Pengeluaran Publiknya? Tujuan penelitian ini adalah untuk menguji apakah belanja daerah untuk belanja pendidikan, kesehatan, dan ekonomi mempengaruhi kesejahteraan, dan apakah populasi mempengaruhi hubungan antara ketiga belanja tersebut dengan kesejahteraan. Penelitian ini menggunakan sampel seluruh provinsi di Indonesia tahun 2008-2013, kecuali Provinsi Kalimantan Utara. Metode yang digunakan adalah metode regresi berganda. Hasil penelitian menunjukkan bahwa belanja pendidikan memiliki pengaruh positif, belanja kesehatan memiliki pengaruh negatif tidak signifikan, dan belanja ekonomi memiliki pengaruh negatif signifikan terhadap kesejahteraan. Populasi sebagai variable moderasi tidak mampu memoderasi hubungan antara ketiga belanja tersebut dengan kesejahteraan. Kata Kunci: belanja pendidikan, belanja kesehatan, belanja ekonomi, populasi penduduk, dan kesejahteraan masyarakat. Abstract: How Do Governments Spend Their Public Spending? The objectives of this study are to examine whether the local expenditure for education, health, and economic influence economic welfare, and whether population influences the relationship between them. This study used the sample of all province in Indonesia 2008-2013, except Kalimantan Utara Province. The method used in this study is multiple regression methods. The result of this study states that education expenditure had a significant positive effect, health expenditure had not significant negative effect, while economic expenditure had a significant negative effect on the welfare. Population as the moderating variable cannot moderate the relationship between that expenditure with the welfare. Keywords: education expenditure, health expenditure, economic expenditure, population, and welfare.

scholarly journals The Effect of Big Five Factors of Personality on Compulsive Buying: The Mediating Role of Consumer Negative Emotions

2021 ◽  
pp. 5-23
Author(s):  
Mohamed Shemeis ◽  
◽  
Talaat Asad ◽  
Samaa Attia ◽  
◽  
...  
Keyword(s):  
Big Five ◽  
Negative Emotions ◽  
Compulsive Buying ◽  
Openness To Experience ◽  
Mediating Effect ◽  
Significant Negative Effect ◽  
Five Factors ◽  
Negative Effect ◽  
Big Five Factors ◽  
The Relationship

This study has examined the direct effect of Big Five Factors of personality (BFF) which include (Neuroticism, Agreeableness, Extraversion, Conscientiousness, and Openness to Experience) on Compulsive Buying (CB). Besides, examining the mediating effect of Consumer Negative Emotions (CNE) in the relationship between Big Five Factors of personality (BFF) and Compulsive Buying (CB). The questionnaire for the study was adapted from earlier established scales and measures which were based on five points Likert Scale. The study was concentrated on shopping malls’ customers in North Delta (Egypt). The study used a sample size of 384 and data was collected randomly using systematic random sampling. 314 questionnaires were valid for statistical analysis and free of missing data were retrieved with a response rate of 81.7%. Smart PLS-SEM3 software was used for data analysis. The results showed that there is a significant positive effect of Neuroticism on compulsive buying. While the results indicated that Extraversion has a significant negative effect on compulsive buying. Also, the results found that Conscientiousness has a significant negative effect on compulsive buying. While Agreeableness and Openness to Experience hadn’t had any effect on compulsive buying. As for the mediating effect of Consumer Negative Emotions, the results mentioned that Consumer Negative Emotions has a partial mediation in the relationship between Neuroticism, Extraversion, and Conscientiousness, and Compulsive Buying. While Consumer Negative Emotions fully mediated the relationship between Openness to Experience and Compulsive Buying. But there was no mediation for Consumer Negative Emotions in the relationship between Agreeableness and Compulsive Buying.

scholarly journals DETERMINAN HAK AMIL PERIODE 2006-2018 (STUDI KASUS BAZNAS INDONESIA)

2021 ◽  
Vol 8 (1) ◽  
pp. 18
Author(s):  
Baiyina Rupiawan ◽  
Noven Suprayogi
Keyword(s):  
Time Series ◽  
Significant Positive Effect ◽  
Operational Cost ◽  
Fund Allocation ◽  
Significant Negative Effect ◽  
Analysis Technique ◽  
Negative Effect ◽  
Funds Allocation ◽  
The Relationship ◽  
Positive Effect

ABSTRAKPenelitian ini bertujuan untuk mempelajari hubungan antara pertumbuhan penggalangan dana zakat infaq dan shadaqah (ZIS), dana alokasi zakat infaq, dan shadaqah (ZIS), dan biaya operasional pada hak amil BAZNAS pusat. Penelitian ini menggunakan pendekatan kuantitatif. Jenis penelitian yang dilakukan peneliti menggunakan time series berdasarkan laporan keuangan yang dikeluarkan BAZNAS tahun 2006-2018. Teknik analisis yang digunakan adalah regresi linier berganda. Hasil penelitian secara parsial menunjukkan bahwa pertumbuhan penghimpunan dana zakat berpengaruh positif signifikan terhadap hak amil. Selain itu, pertumbuhan variabel penggalangan dana infaq/shadaqah juga berpengaruh positif signifikan terhadap hak amil. Sedangkan pada variabel alokasi dana zakat berpengaruh negatif signifikan terhadap hak amil. Variabel alokasi dana infaq/shadaqah berpengaruh negatif signifikan terhadap hak amil. Sedangkan variabel biaya operasional berpengaruh positif signifikan terhadap hak amil. Sedangkan untuk variabel pertumbuhan penghimpunan dana zakat, pertumbuhan penggalangan dana infaq/shadaqah, alokasi zakat, alokasi infaq/shadaqah, dan biaya operasional berpengaruh signifikan terhadap hak amil BAZNAS di Indonesia tahun 2006-2018.Kata kunci: Hak amil, pertumbuhan penggalangan dana zakat, pertumbuhan penggalangan dana infaq/shadaqah, alokasi zakat, alokasi infaq/shadaqah, dan biaya operasional. ABSTRACTThis research aims to study the relationship between the growth of zakat infaq and shadaqah (ZIS) fundraising, zakat infaq, and shadaqah (ZIS) allocation funds, and operational cost on the central BAZNAS amil rights. This research used a quantitative approach. This type of research attended by researchers used a time series based on financial statements issued by BAZNAS in 2006-2018. The analysis technique used is multiple linear regressions. The partial results of the research indicate that the growth of zakat fund collection has a significant positive effect on amil rights. Also, the growth of the infaq/shadaqah fundraising variable also has a significant positive effect on amil rights. Whereas, at the variable of zakat funds allocation has a significant negative effect on amil rights. The variable of infaq/shadaqah fund allocation has a significant negative effect on amil rights. Meanwhile, the variable of operational cost has a significant positive effect on amil rights. Simultaneously, for the variable of the growth in the collection of zakat funds, the growth of infaq/shadaqah fundraising, zakat allocation, infaq/shadaqah allocation, and operational cost significantly influence the BAZNAS amil rights in Indonesia in 2006-2018.Keywords: Amil rights, growth of zakat fundraising, growth of infaq/shadaqah fundraising, zakat allocation, infaq/shadaqah allocation, and operational cost.

scholarly journals The effects of R&D intensity and internationalization on the performance of non-high-tech SMEs

2017 ◽  
Vol 36 (1) ◽  
pp. 81-103 ◽  
Author(s):  
Lucas WA Booltink ◽  
Ayse Saka-Helmhout
Keyword(s):  
Firm Performance ◽  
Research And Development ◽  
Critical Threshold ◽  
High Tech ◽  
High Tech Sector ◽  
And Performance ◽  
The Relationship ◽  
D Investment ◽  
Level Of Risk

Research and Development (R&D) investment is seen as a fundamental driver of high-tech small and medium-sized (SME) firm performance. However, the same driver may be constraining growth among non-high-tech SMEs as it increases the level of risk faced by such firms. We challenge this argument by examining the relationship between R&D intensity and performance among non-high-tech SMEs. While the size of R&D investments is, by definition, limited in the non-high-tech sector, our study shows that such investments are important for non-high-tech firms. There is, however, an inverted U-shaped relationship between R&D intensity and performance among non-high-tech SMEs. Furthermore, increased internationalization leads non-high-tech SMEs to exploit their R&D investment more effectively to enhance firm performance, provided that R&D investment levels exceed a critical threshold.

scholarly journals How does neighborhood walkability affect obesity? The mediating role of commute mode

2021 ◽  
Vol 14 (1) ◽  
pp. 737-759
Author(s):  
Wenyue Yang ◽  
Xinyu Zhen ◽  
Suhong Zhou
Keyword(s):  
Travel Behavior ◽  
Mediating Effect ◽  
Neighborhood Walkability ◽  
Mediating Role ◽  
Significant Negative Effect ◽  
Negative Effect ◽  
The Individual ◽  
Relationship Of ◽  
The Relationship

The walkability of a neighborhood is closely related to residents’ travel behavior and daily life and, ultimately, their health and wellbeing. Although existing studies in this area have reached some enlightening conclusions, few of them have considered residents’ travel attitudes and preferences, or the mediating role of commute mode. Do travel attitudes and preferences matter in the relationship between neighborhood walkability and residents being obese? How does commute mode work as a mediator? To answer these questions, based on the 2019 travel survey data in Guangzhou, this paper uses the Multilevel Linear Model (MLM) to examine the association between neighborhood walkability and residents’ body mass index (BMI). Furthermore, the Mediation Model is used to identify the mediating role of commute mode in the relationship between walkability and BMI. The results show that (1) travel attitudes and preferences do affect the individual’s BMI through the mediator of commute mode. (2) After controlling the individual socio-demographics and travel attitudes and preferences, neighborhood walkability has a significant negative effect on BMI. Meanwhile, walkability has a significant positive effect on the use of non-private motorized commute modes. Non-private motorized commute modes have a significant negative effect on BMI. (3) The mediating effect of commute mode in the relationship of neighborhood walkability with the individual’s BMI is significant. The proportion of mediation is 32.90%. Insights into the relationship between neighborhood walkability, commute mode, and individual BMI highlight the importance of walkable neighborhoods that encourage people to use healthy commute modes.

scholarly journals R&D activity and core business efficiency on the example of technology companies

2015 ◽  
Vol 6 (4) ◽  
pp. 59 ◽  
Author(s):  
Tomasz L. Nawrocki
Keyword(s):  
Research And Development ◽  
Rank Correlation ◽  
Strong Relationship ◽  
Time Shift ◽  
Gross Margin ◽  
Core Business ◽  
Spearman’S Rank Correlation ◽  
Spearman’S Rank Correlation Coefficient ◽  
Business Efficiency ◽  
The Relationship

Taking as a basis for discussion the Schumpeter’s innovation theory, this paper analyses the relationship between enterprises activity in the field of research and development, and their efficiency at the core business level. This analysis was performed in two ways – with the assumption shift in time between research and development activities and companies business efficiency, and without it – using the Spearman’s rank correlation coefficient. The sample was accounted for 252 companies from the technology sector, whose shares are traded on NYSE or NASDAQ, and the analysis time period consisted of three years (2011–2013). The results obtained in the course of analysis generally indicate lack of strong relationship between distinguished categories. A noticeable, but only at moderate level, positive correlation was found in both considered approaches only in respect of the relationship between the intensity of expenditures on research and development or y/y change of these expenditures and gross margin on sales. Therefore, it seems to be relevant to extend this research at least in such directions as: identification and characterization of factors determining efficiency of companies research and development activities, as well as examination considered relationship taking into account business diversity within the sector and wider time shift between realized research and development activities and various measures of core business efficiency.

Innovation and Performance: An Empirical Study of Russian Industrial Companies

2018 ◽  
Vol 15 (03) ◽  
pp. 1850027 ◽  
Author(s):  
Arkady Trachuk ◽  
Natalia Linder
Keyword(s):  
Research And Development ◽  
Critical Mass ◽  
High Tech ◽  
Manufacturing Companies ◽  
Industrial Companies ◽  
Strong Positive Relationship ◽  
And Performance ◽  
Relationship Of ◽  
The Relationship ◽  
D Investment

The paper investigates the relationship between investment in research and development (R&D), innovation expenses, and productivity of manufacturing companies. These empirical results have shown that innovation investments (1) improve the performance of industrial companies with the elasticity of 0.09; (2) innovation investment has an impact on the performance of the company, and the extent of this impact depends on the value of R&D investment and has a range of elasticity ranging from 0.03 (for low volumes of R&D investment) to 0.16 in high volumes of R&D investment; (3) the relationship between innovation investment and the growth of performance is nonlinear in nature and has a strong positive relationship only after a critical mass of innovation investment has been reached; (4) a significant role in the relationship of innovation investment and productivity is played by the features of the industry in which the company operates (the companies that operate in high-tech industries not only invest more in R&D and innovation but also have a better performance due to research and development); (5) companies of low-tech industries have a negative elasticity of innovation investment and productivity, which is due to the influence of unprofitable innovation investments (appropriability effect), i.e. additional profits from the investment are not significant.

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