Developing a Framework to Study the Impact of Contingent Factors on Business Performance Using Strategic Cost Management

2021 ◽  
pp. 227-253
Author(s):  
Tanvi Verma ◽  
Rashmi Aggarwal
Keyword(s):  
Systematic Review ◽  
Business Performance ◽  
Contingency Theory ◽  
Cost Management ◽  
Management Accounting ◽  
Service Industries ◽  
Research Papers ◽  
Systematic Analysis ◽  
Strategic Cost Management ◽  
The Impact

In the present scenario, cost and management accounting techniques have proved their effectiveness in decision making as they provide value creation. Therefore, the need for transforming traditional cost and management accounting to strategic cost management has been recognized. Manufacturing or service industries continuously seek to achieve business performance with the help of strategic cost management using contingency theory. This chapter provides a semi-systematic review of the articles and research papers examining major themes found in the literature focusing on the impact of various factors that are contingent in nature on the business performance through usage of strategic cost management. Systematic analysis of literature identified numerous relevant articles and research papers in eminent journals. The results indicated that there exists an interrelationship among variables, and the finding supports the central proposition of contingency theory where business performance increases with the usage of strategic cost management and contingent factors.

scholarly journals Development of the Concept of Circular Supply Chain Management—A Systematic Review

Processes ◽  
2021 ◽  
Vol 9 (10) ◽  
pp. 1740
Author(s):  
Péter Lengyel ◽  
Attila Bai ◽  
Zoltán Gabnai ◽  
Othman Mohammad Ahmed Mustafa ◽  
Péter Balogh ◽  
...  
Keyword(s):  
Systematic Review ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Geographical Location ◽  
Systematic Analysis ◽  
Chain Management ◽  
Subject Characteristic ◽  
Before And After ◽  
Number Of Publications ◽  
The Impact

This systematic review presents the most important characteristics and trends of research in circular supply chain management (CSCM), taking into account the impact of COVID. In addition, the similarities and differences between the basic concepts often used as synonyms for sustainability are also presented. First, the sample database (39,000 records) was based on a search containing publications’ titles regarding supply chain management (SCM). After narrowing the topic from SCM towards CSCM, the considered paper characteristics were expanded, including abstract and author keywords, to get a manageable number of samples for the systematic analysis (6095 documents) and the most accurate results possible. The analysis’ base sample was divided into two periods (before and after 2012) due to a significant increase and change in the number of publications, their subject, characteristic journals and geographical location. Sustainability has emerged since 2012, while a circular approach emerged after 2017 with a significant share of research, mainly thanks to relevant EU policies. Although the role of the US has been decisive in the field, the European research bases of previous years have increasingly been replaced by Far Eastern dominance. Currently, CSCM’s most important journal is the International Journal of Supply Chain Management (Elsevier), but most articles on the impact of COVID have been published in Sustainability (MDPI). More effective policy implementation and the fight against COVID in the development of supply chains are also likely to spread the circular economic model in the future.

Strategic cost management accounting in modern companies

2019 ◽  
Vol 22 (3) ◽  
pp. 259-273
Author(s):  
L.A. Chaikovskaya ◽  
◽  
S.A. Filin ◽  
Keyword(s):  
Cost Management ◽  
Management Accounting ◽  
Strategic Cost Management

The impact of market orientation levels on business performance results

2016 ◽  
Vol 8 (3) ◽  
pp. 296-309 ◽  
Author(s):  
Sergei Kazakov
Keyword(s):  
Data Analysis ◽  
Emerging Markets ◽  
Market Orientation ◽  
Business Performance ◽  
Service Industry ◽  
Positive Impact ◽  
Service Industries ◽  
Content Type ◽  
Orientation Model ◽  
The Impact

Purpose The purpose of this paper is to study the impact of market orientation on a companyµs business performance in a service industry using one of the emerging markets as a research setting. Design/methodology/approach The examination of two recognized MKTOR and MARCOR market orientation concepts in this paper led to the development of a market orientation model in a service industry that considers the local specifics of doing business. The model was tested in a study of 133 businesses that operate in a Russian service industry. The data analysis was completed to investigate and measure the impact of the market orientation level on a company’s business performance. Findings The data analysis following the field study determines that market orientation delivers a positive impact on the company’s overall business performance. Practical implications Inter-functional coordination should receive broad attention from company management, as this market orientation element is the most vital for business performance – especially in service industries. Accompanying model elements also provide leverage to business performance that should not be overlooked. Synchronized utilization of the market orientation model elements has a very positive impact on the company’s business. Originality/value This research paper contributes to an array of publications dedicated to market orientation in one of the most multifaceted emerging markets, the Russian Federation. It is also the first time that the market orientation concept has been applied by service industry organizations in Russia.

scholarly journals The Role of Marketing Resources and Marketing Dynamic Capabilities in Improving Business Performance of Insurance Firms in Iran

2020 ◽  
Vol 16 (1) ◽  
Author(s):  
Bagher Asgarnezhad Nouri ◽  
Mohammad Ghaffar ◽  
Mohammad Jafar Ram Pahlavanloo ◽  
Mehdi Danesh
Keyword(s):  
Business Performance ◽  
Dynamic Capabilities ◽  
Positive Impact ◽  
Market Performance ◽  
Service Industries ◽  
Equation Modeling ◽  
Marketing Resources ◽  
Insurance Firms ◽  
The Impact

Purpose - This study aims to investigate the effect of marketing resources and marketing dynamic capabilities on the business performance of insurance companies. Design/methodology/approach - The population consists of all employees of the insurance firms in Ardabil and among them a sample of 177 people was selected using non-random convenience method. A standard questionnaire was used to measure variables. The hypotheses were analyzed using structural equation modeling method with use of SmartPLS software. Findings - The results show that marketing resources have a positive impact on marketing dynamic capabilities. Also, marketing dynamic capabilities have a positive impact on customer performance and market performance. Finally, the positive impact of market performance and customer performance on financial performance was also confirmed. Originality/value - There is lack of research explaining the role of marketing resources and marketing dynamic capabilities in improving business performance in service industries, especially in important insurance industry. This study attempts to reduce this gap in the literature, as its main goal is to assess the impact of marketing dynamic capabilities in improving business performance of insurance firms.

scholarly journals Impact Of Supply Chain Integration On Business Performance And Its Challenges

2011 ◽  
Vol 10 (12) ◽  
pp. 79 ◽  
Author(s):  
Abdullah AlSagheer ◽  
Maryam Ahli
Keyword(s):  
Supply Chain ◽  
Business Performance ◽  
Supply Chain Integration ◽  
Journal Articles ◽  
Research Papers ◽  
Discussion Section ◽  
Main Research ◽  
Time Period ◽  
Basic Objective ◽  
The Impact

The basic objective of this paper is to analyze the impact of supply chain integration on business performance and the challenges associated with supply chain integration. This paper selects different research papers and articles to present the empirical evidence regarding supply chain integration, its impact on business performance and the challenges associated with it.A sample of 21 research papers was selected in the analysis/findings section and discussion section to discuss the impact of supply chain integration on business performance and the challenges associated with the integration of supply chain among different channel partners. The time period of 1995-2011 was selected and only those journal articles/research papers were selected that were published within this period.Different research papers provided an empirical proof that supply chain integration led to better business performance but few of them discussed challenges associated with it. There was only one paper of Awad & Nassar (2010b) that prominently addressed those challenges. This identified a research gap to be filled and weakened the argument that supply chain leaded to better business performance because how it could be argued when the business challenges associated with supply chain integration were not analyzed and assessed efficiently in the previous research. The author also researched and found papers that held an opposite view regarding supply chain integration. Therefore, more empirical research was proposed and advised to be conducted in this area and it was concluded that further research was crucial to understand the importance of supply chain integration, its impact on business performance and its challenges.As for limitations, it was a secondary research that was one of the main research limitations. Secondly, more research papers and journal articles could be researched or reviewed. Therefore, the findings of this paper cannot be widely generalized.The findings of this research paper could encourage researchers and managers to conduct more research for addressing impact of supply chain integration on business performance and its challenges.

scholarly journals Biomarkers of Auricular Stimulation - Protocol of Systematic Review and Meta-analysis of Randomized Controlled Clinical Trials

2021 ◽  
Author(s):  
Kevin Hua ◽  
Mike Cummings ◽  
Benno Brinkhaus ◽  
Taras Usichenko ◽  
Joanna Dietzel
Keyword(s):  
Systematic Review ◽  
Randomized Controlled Trials ◽  
Meta Analysis ◽  
Auricular Acupuncture ◽  
Controlled Trials ◽  
Cochrane Central Register ◽  
Physiological Measures ◽  
Systematic Analysis ◽  
Randomized Controlled ◽  
The Impact

Abstract Background: The number of randomized controlled trials using auricular stimulation (AS) such as transauricular vagus nerve stimulation, or auricular electrostimulation or auricular acupuncture or acupressure, in experimental and clinical settings has increased markedly over the last three decades. Various clinical scores and self-reported outcomes are used as primary outcome measures to evaluate the effects of AS; they have been already analysed in an array of systematic reviews. But regarding the effect of AS on objective, physiological measures (biomarkers), for example blood values, heart rate, electrophysiological measurements and brain imaging, a systematic analysis is missing. This systematic review protocol was developed following the PRISMA guidelines to explore and evaluate for the first time the existing literature examining the impact of AS on biomarkers in randomized controlled trials as reported in their primary or secondary outcomes. Methods and analysis: The following databases will be searched: MEDLINE (PubMed), EMBASE, Cochrane Central Register of Controlled Trials (CENTRAL), ISI Web of Science, and Scopus Database. RCTs will be included if an abstract is available in English. Data collection and analysis will be conducted by two reviewers independently. Quality and risk assessment of included studies will be done using the Cochrane 6.1.0 handbook criteria and RoB 2 tool and meta-analysis of the effect of the most frequently assessed biomarkers will be conducted using the statistical software RevMan V.5.3.Ethics and dissemination: This systematic review will evaluate the effect of AS and related techniques on various blood values and physiological measures. Since all data used in this systematic review and meta-analysis will have been published, this review does not require an ethical approval. The results will be published in a peer-reviewed journal as well as presented in relevant conferences.Registration number: PROSPERO CRD42021231885

scholarly journals The impact of prospecting strategy on small business performance in Vietnam: The role of broad-scope management accounting system

2021 ◽  
Vol 26 (2) ◽  
pp. 54-63
Author(s):  
Ngo Quang-Huy
Keyword(s):  
Small Businesses ◽  
Business Performance ◽  
Management Accounting ◽  
Accounting System ◽  
Broad Scope ◽  
Scope Management ◽  
High Degree ◽  
The Impact ◽  
Management Accounting System

The purpose of this study is to uncover the role of broad-scope management accounting system (MAS) on the link between prospecting strategy and the performance of small businesses. In particular, this paper hypothesizes that a high degree of prospecting strategy is positively associated with a high degree of broadscope MAS, and a high degree of broad-scope MAS is correlated with a high degree of performance of small businesses. Also, it is hypothesizes that prospecting strategy increases the performance of small businesses. The last hypothesis proposes that broad-scope MAS mediates the link between prospecting strategy and the performance of small businesses. Data was collected from 131 small businesses located in Cantho city to assess the proposed hypothesis. A PLS-SEM was analyzed with the collected data. The results reveal that all hypotheses are supported by the data except the hypothesis describing the relationship between prospecting strategy and the performance of small businesses. It implies that broad-scope MAS fully mediates the link between these two variables.

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