Erfolgsfaktoren: Evidenz von börsenkotierten Unternehmen aus Deutschland, Österreich und der Schweiz

2021 ◽  
Vol 62 (2) ◽  
pp. 99-122
Author(s):  
Wilfried Lux ◽  
Roland Waibel ◽  
Marco Gehrig
Keyword(s):  
Success Factors ◽  
Listed Companies ◽  
Extensive Literature ◽  
Expert Interviews ◽  
Return On Assets ◽  
Literature Research ◽  
The Impact

Based on extensive literature research, hypotheses have been derived in order to test the impact of success factors (independend varibles) on the success indicator ROA (return on assets). Those hypotheses have been tested quantitatively and have been validated by expert interviews. The result is a model containing ten success factors which have positive or negative correlations with the dependend variable. With this model it is possible to estimate the result of listed companies based on those ten factors. Auf der Basis von umfangreichen Literaturrecherchen wurden Hypothesen abgeleitet, welche Erfolgsfaktoren (unabhängige Variablen) einen Einfluss auf die Erfolgsmessgröße ROA (return on assets) haben. Diese Hypothesen wurden quantitativ getestet und mittels Experteninterviews qualitativ validiert. Das finalisierte Modell umfasst insgesamt zehn Erfolgsfaktoren. Sieben von ihnen weisen eine positive, drei eine negative Korrelation mit der Erfolgsmessgröße ROA auf. Mit Hilfe dieses Modells ist es möglich, den Erfolg von börsenkotierten Unternehmen auf Basis dieser zehn öffentlich zugänglichen Faktoren einzuschätzen. Die Korrelationen der quantitativen Forschung sind eher niedriger ausgefallen als erhofft, was damit zu tun haben könnte, dass nur jeweils isolierte Betrachtungen durchgeführt wurden.

scholarly journals Modelling the Impact of Building Information Modelling (BIM) Implementation Drivers and Awareness on Project Lifecycle

2021 ◽  
Vol 13 (16) ◽  
pp. 8887
Author(s):  
Oludolapo Ibrahim Olanrewaju ◽  
Ahmed Farouk Kineber ◽  
Nicholas Chileshe ◽  
David John Edwards
Keyword(s):  
Structural Equation ◽  
Success Factors ◽  
Extensive Literature ◽  
Building Information Modelling ◽  
Information Modelling ◽  
Performance Improvements ◽  
Critical Success ◽  
Building Information ◽  
The Impact ◽  
Project Lifecycle

The Architecture, Engineering, Construction and Operations (AECO) industry is generally slow in adopting emerging technologies, and such hesitance invariably restricts performance improvements. A plethora of studies have focused on the barriers, Critical Success Factors (CSFs), lifecycle and drivers independently, but none have explored the impact of BIM drivers and awareness on the project lifecycle. This study empirically explored the impact of BIM drivers and awareness on the project lifecycle using Structural Equation Modelling (SEM). Initially, a conceptual model was developed from an extensive literature review. Thereafter, the model was tested using primary questionnaire data obtained from 90 construction professionals in Lagos, Nigeria. Emergent findings indicate that Building Information Modelling (BIM) drivers have a high impact on BIM awareness at the operation stage of the project lifecycle. The SEM model has an average R2 value of 23% which is moderate. Consequently, this research contributes to the existing body of knowledge by providing invaluable insight into the impact of BIM drivers on BIM awareness in the project lifecycle. Knowledge acquired will help industry stakeholders and government to develop appropriate policies to increase BIM uptake within contemporary practice.

A focused supply chain strategy for luxury fashion management

2017 ◽  
Vol 21 (4) ◽  
pp. 544-563 ◽  
Author(s):  
Alessandro Brun ◽  
Cecilia Castelli ◽  
Hakan Karaosman
Keyword(s):  
Delphi Study ◽  
Success Factors ◽  
Profile Analysis ◽  
Extensive Literature ◽  
Supply Networks ◽  
Content Type ◽  
Supply Chain Strategy ◽  
United Way ◽  
Retail Channel ◽  
The Impact

Purpose Globalization and advanced manufacturing capabilities changed industrial dynamics. To this end, not only were new retail concepts developed to broaden the distribution toward larger consumer bases, but alternative ways were also sought to reorganize supply networks for a balance between local and global production. Yet, the choice of supply network configurations must be coherent with a fashion companies’ critical success factors. Hence, it is pivotal to understand how such large brand portfolios and global supply networks could be effectively managed in a united way. In this vein, the purpose of this paper is to explain how the triplet of product, brand, and retail channel could affect SC performance, and how the positioning of a luxury company could depend on managerial attitudes. Design/methodology/approach Subsequent to an extensive literature review, 30 most frequently quoted key performance indicators (KPIs) were derived. A Delphi study was then employed to reach a consensus and 17 key KPIs were derived considering the key SC performance areas and marketing dimensions. Survey technique was deployed to examine the impact of strategic combinations of product, brand, and retail channel on SC strategy. Survey results were analyzed through factor analysis where five principal components emerged to represent performance areas. ANOVA technique was then employed to explore the dependence between product-brand-retail channel and key performance areas. Findings Brand, retail channel, and product directly affect operational performance. The positioning of a fashion company would depend on its management attitude toward strategy segmentation and considered stage of the SC. The respondents’ profile analysis further showed a preference to segment the SC based on products. Interestingly, this finding is not aligned with earlier research (Brun and Castelli, 2008) suggesting that the brand was to become the most relevant driver for SC segmentation. Originality/value Academic development and empirical testing is rather rare in the luxury fashion context. Undeniably, SC strategies represent a very relevant issue for fashion companies, and the present study could be considered a first statistical step toward SC segmentation for luxury fashion companies.

Air Solubility Measurements and Modeling of Brake Fluids

2019 ◽  
Author(s):  
Andreas Eisele ◽  
Simon Sagmeister ◽  
Michael Schneider ◽  
Markus Lienkamp
Keyword(s):  
Water Content ◽  
Phenomenological Model ◽  
Extensive Literature ◽  
Test Results ◽  
State Variables ◽  
Test Rig ◽  
Literature Research ◽  
Stationary Test ◽  
The Impact

Abstract This paper investigates the air solubility of hydraulic oils with specific application in polyglycol based brake fluids. An Extensive literature research revealed a lack of data on the thermodynamic solubility properties of brake fluids. A derivation of the searched quantities cannot be obtained from the values given for hydraulic oils because of the deviation in components. Absolute values and relations to state variables, such as temperatures, have not yet been stated. Therefore, this research aims to investigate these unknown correlations using empirical measurements. A test rig was designed for isobar absorption testing. The quasi-stationary test results confirm Henrys Law. Furthermore the solubility is presented as a function of temperature and water content and a phenomenological model of the Bunsen coefficient is derived. It is apparent that the impact of temperature is inverse to that of common fluids such as water or some alcohols.

scholarly journals NEXUS BETWEEN INTELLECTUAL CAPITAL AND FINANCIAL PERFORMANCE: AN INVESTIGATION OF CHINESE MANUFACTURING INDUSTRY

2020 ◽  
Vol 0 (0) ◽  
pp. 1-19
Author(s):  
Jian Xu ◽  
Feng Liu
Keyword(s):  
Financial Performance ◽  
Intellectual Capital ◽  
Manufacturing Industry ◽  
Listed Companies ◽  
Profit Margin ◽  
Return On Assets ◽  
Return On Equity ◽  
Net Profit ◽  
Chinese Manufacturing Industry ◽  
The Impact

How to manage financial performance through the utilization of intellectual capital (IC) is an important issue in the knowledge economy. The objective of this study is to investigate the impact of IC on financial performance for manufacturing listed companies in the Chinese context. Financial performance is measured from two distinct aspects: (1) firm profitability, measured through earnings before interest, taxes, depreciation and amortization (EBITDA), net profit margin (NPM), and gross profit margin (GPM), and (2) corporate return, measured through return on investment (ROI), return on assets (ROA), and return on equity (ROE). The results show a positive relationship between NPM, GPM, ROI, ROA, ROE, and IC (measured through the market-to-book ratio). In addition, the more intangible-intensive manufacturing listed companies exhibit better financial performance. The study provides evidence that higher investment in IC can improve value creation in the emerging economies.

Assessment of preconstruction factors in sustainable project management performance

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Khalid Naji ◽  
Murat Gunduz ◽  
Fatema Salat
Keyword(s):  
Data Analysis ◽  
Literature Review ◽  
Construction Projects ◽  
Success Factors ◽  
Extensive Literature ◽  
Content Type ◽  
Response Data ◽  
Importance Index ◽  
The Impact ◽  
Industry Professionals

PurposeThe construction sector has a global reach, and construction professionals worldwide often encounter challenges in delivering a project on time and within the assigned budget. Hence, this paper aims to investigate the preproject factors that most affect the performance of construction projects.Design/methodology/approachA literature review was conducted to identify these factors from previous research, after which a questionnaire was developed and distributed to construction industry professionals worldwide. The response data were collected and analyzed using several methods, including Cronbach’s alpha, Relative Importance Index (RII), Kruskal–Wallis test, and Spearman’s and Pearson correlations.FindingsThe results highlight four categories of significance, namely design, stakeholder, engineering, and procurement, with 31 factors being assigned to these categories. The relationships between each factor based on the categories established in the survey are then presented. With the help of data analysis, focusing on these significant preproject factors will help management teams to evaluate and improve the preconstruction process to achieve a higher project success rate.Originality/valueThis study differs from other studies in the literature by gathering all relevant preconstruction success factors by an extensive literature review. Finally, highly ranked factors are studied in detail for a better understanding of the impact of preconstruction factors on project performance. This study is supported by powerful tests such as Kruskal–Wallis test and Spearman’s correlation to study the perception of different groups on preconstruction factors. Furthermore, the data analysis will help in identifying and avoiding the failure part of the previous projects and will improve the planning and/or forecasting of the new projects.

scholarly journals Impact of IFRS on Accounting Data – Gray Index of Conservatism Applied to Some European Listed Companies

2013 ◽  
Vol 60 (2) ◽  
pp. 33-51 ◽  
Author(s):  
Costel Istrate
Keyword(s):  
Accounting Standards ◽  
Listed Companies ◽  
Net Income ◽  
Return On Assets ◽  
Accounting Data ◽  
Return On Equity ◽  
The Impact

Abstract The Gray index of conservatism (also called index of comparability) is a good instrument to assess differences between two or more sets of accounting standards. We use this index to measure the impact of the compulsory application of IFRS in Europe, in 2005. The sample contains data from almost 600 companies listed on Euronext markets in 2005 (Amsterdam, Brussels, Lisbon, and Paris). The paper analyzes some accounting figures such as equity, net income, leverage, return on equity and return on assets. The results confirm that former Belgian, French, and Portugal GAAP were more conservative than IFRS. In some cases, for all the countries the IFRS numbers seem to be much less conservative.

Comprehensive Income: which potential effects on firms' performance evaluation and users' decision process?

2016 ◽  
pp. 55-94
Author(s):  
Pier Luigi Marchini ◽  
Carlotta D'Este
Keyword(s):  
Performance Evaluation ◽  
Decision Process ◽  
Financial Analysts ◽  
Listed Companies ◽  
Financial Statement ◽  
Comprehensive Income ◽  
Other Comprehensive Income ◽  
Gains And Losses ◽  
The Impact

The reporting of comprehensive income is becoming increasingly important. After the introduction of Other Comprehensive Income (OCI) reporting, as required by the 2007 IAS 1-revised, the IASB is currently seeking inputs from investors on the usefulness of unrealized gains and losses and on the role of comprehensive income. This circumstance is of particular relevance in code law countries, as local pre-IFRS accounting models influence financial statement preparers and users. This study aims at investigating the role played by unrealized gains and losses reporting on users' decision process, by examining the impact of OCI on the Italian listed companies RoE ratio and by surveying a sample of financial analysts, also content analysing their formal reports. The results show that the reporting of comprehensive income does not affect the financial statement users' decision process, although it statistically affects Italian listed entities' performance.

Preliminary Study of the Impact of Critical Success Factors on Project Success in Pakistan

2014 ◽  
Vol 1 (4) ◽  
pp. 9-13 ◽  
Author(s):  
Aqeel Ahmed ◽  
Muhammad Sehail Younis
Keyword(s):  
Critical Success Factors ◽  
Success Factors ◽  
Project Success ◽  
Workforce Planning ◽  
Survey Instrument ◽  
Past Performance ◽  
Cronbach Alpha ◽  
Critical Success ◽  
Preliminary Study ◽  
The Impact

This preliminary study attempts to link among the critical success factors on overall project success in public sector organizations in Pakistan.  In this study it’s reflected that major critical success factors (soundness of Business & workforce, planning & control, quality performance and past performance) can enhance the success of the project in Pakistan.  The purpose of this preliminary study was to verify the reliability of the survey instrument which has been used in European countries. It was found that the planning & control was the highest Cronbach Alpha value, while the ranged for each constructs in the present study from 0.68 to 0.88.  Therefore, based on the Cronbach alpha value score, the proposed survey instrument has fulfilled the basic requirement of a valid instrument.

Gestión de la comunicación en las organizaciones: una propuesta para su evaluación La comunicación en las organizaciones

2017 ◽  
Vol 1 (4) ◽  
Author(s):  
Carlos Intriago Macías
Keyword(s):  
Organizational Communication ◽  
Business Strategy ◽  
Document Analysis ◽  
Extensive Literature ◽  
Expert Interviews ◽  
Communication Management ◽  
Management Communication ◽  
Time Frequency ◽  
Methods And Techniques ◽  
Structured Communication

La comunicación aborda desde una perspectiva de acción integrada y contemplando las variables que en ella intervienen. Estos factores igualmente pasan a ser referentes para la evaluación. No se puede hablar de gestión de comunicación en las organizaciones sin diagnóstico consistente, planeamiento alineado a la estrategia de la empresa, plan de acción  coherente,  implantación rigurosa  y  valoración. El  objetivo  de  este  trabajo  es conformar la propuesta de bases teórico-metodológicas para la evaluación del sistema de comunicación en  las  organizaciones. Para  el  desarrollo  se  realizó  un  diseño  general investigativo basado en  la teoría fundamentada y sustentada  en una extensa revisión bibliográfica, análisis documental, entrevistas a expertos y un cuestionario semi- estructurado a profesionales de la comunicación en instituciones y organizaciones seleccionadas. Se concluyó que la comunicación en cualquier entidad y tomando los aspectos a medir, momento, periodicidad, los métodos y técnicas a emplear así como la profundidad y extensión de estos análisis, dependerá de la situación particular de cada organización.  Palabras claves: evaluación, comunicación, gestión de la comunicación, comunicación organizacional, organizaciones. Communication management in organizations: a proposal for its evaluation   Abstract  Communication is stated from a perspective of integrated action and taking into account the variables involved therein. These factors also become benchmarks for evaluation. You can not talk about communication management in organizations without a  consistent diagnosis, aligned business strategy, plan of a consistent action , rigorous implementation and evaluation planning. The aim of this paper is to form the theoretical and methodological proposal for the evaluation of the communication system in organizations . To develop an overall research design based on grounded theory and supported by an extensive  literature  review,  document  analysis,  expert  interviews and  semi-structured communication  to professionals involved in the process of communication in institutions and organizations selected,  and a questionnaire, it was concluded that the communication in any organization and taking aspects to be   measured such as  time, frequency, methods and techniques used as well and the depth and extent of these analyses will depend on the particular situation of each organization. Keywords: assessment, communication, management communication, organizational communication, organizations.

Gender Impact on the Enterprise Performance

2020 ◽  
pp. 54-62
Author(s):  
Oleksii V. Lyulyov ◽  
Oleksandra I. Karintseva ◽  
Andrii V. Yevdokymov ◽  
Hanna S. Ponomarova ◽  
Oleksandr O. Ivanov
Keyword(s):  
Gender Equality ◽  
Gender Gap ◽  
Gender Representation ◽  
Board Members ◽  
Enterprise Performance ◽  
World Economic Forum ◽  
Return On Assets ◽  
The World ◽  
World Economic ◽  
The Impact

The article describes the situation of gender equality in Ukraine and in the world during the last 5 years, identifies the leading countries in moving towards gender equality in various fields of life by analyzing the indicators of the Global Gender Gap Report of the World Economic Forum. These indicators include: Economic Participation and Opportunity, Educational Attainment, Health and Survival, Political Empowerment, which are the part of a single index that determines the position of countries in the overall ranking. Based on the results of this analysis, Ukraine has improved value of gender equality index, although in the overall ranking of countries Ukraine has lost its position and dropped 11 ranks lower than in 2014. This means that, among all the countries surveyed by the World Economic Forum, there are countries that are moving much faster towards gender equality than Ukraine. In addition, the article includes the investigation of the gender representation among the board members of 5 enterprises of Ukraine for 2014-2017, which represent the leading sectors of the Ukrainian economy. The dynamics of changes in the level of performance of these enterprises using the return on assets (ROA) indicator is analyzed, the relationship between the leadership of the enterprises and the value of the ROA indicator is graphically presented. The obtained results do not give a clear answer about the gender impact on the enterprise performance. The reason for this is a number of factors, such as: insufficient statistical sampling of enterprises; the selected performance indicator of enterprise activities does not fully reflect the impact of the gender factor on enterprise activities; the methodology used in the work needs improvements, or it is necessary to choose a totally new approach to the analysis of the investigated issue under study. Gender representation among board members and its impact on enterprise performance should be investigated further. Key words: gender, gender equality, enterprise board members, return on assets.

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