scholarly journals Efficiency or Innovation? The Long-Run Payoff of Cloud Computing

2021 ◽  
Vol 29 (6) ◽  
pp. 0-0

Considering the mixed arguments and uncertainty about the payoff of cloud computing, this paper empirically studies the long-term cloud computing impact on the financial performance, specifically from the perspective of efficiency and innovation. Taking 253 pairs of listed companies in China as the research sample, propensity score matching and difference in differences techniques combined with OLS regression are conducted to analyze a rolling 5-year panel data. The analysis results show that cloud computing adoption leads to years of financial performance decline followed by an upturn. The downward trend is more pronounced when it is adopted with innovation. This paper contributes to the existing literatures by leveraging archival performance data to verify the long-term business value and revealing the value realization difference between efficiency- and innovation-oriented cloud computing adoptions. The findings remind the managers to see the two sides of cloud computing and make rational adoption decisions, especially cloud-based innovation, according to their actual situations.

2020 ◽  
Vol 8 (1) ◽  
pp. 91-102 ◽  
Author(s):  
Can Sayginer ◽  
Tuncay Ercan

Purpose of the study: This study aims to investigate the internal and external factors for CC adoption decisions of companies in Izmir, Turkey using a combination of DOI and TOE models. Methodology: This is a confirmatory survey of businesses, forming a questionnaire for 176 IT decision-makers of non-cloud or cloud user businesses in the city of Izmir in Turkey. SmartPLS 3.0 software is used to assess the determinants affecting cloud computing adoption. Main Findings: The study identified relative advantage, compatibility, complexity, and top management support, using security and privacy concerns and cost savings as mediating variables of relative advantage for CC adoption. The survey results indicated that complexity and top management supports are significantly important for efficient CC adoption. The model explained 41.2 percent of CC adoption. Applications of this study: The study is believed to be useful in fields including business development for most sectors, computing, cloud providers as well as researchers on business administration, sales, marketing, and IT infrastructure. Particularly this study and the suggested framework will help companies and businesses adopt CC appropriately. Moreover, as suggested in the study, governments can use such frameworks when encouraging cloud providers to support companies in their decision making and transition periods for CC adoption. Novelty/Originality of this study: This study will undoubtedly contribute to the decision making processes of the companies for CC adoption. Through the integrated in-depth analysis of the factors that affect the adoption decisions in an industrial region of Turkey, the study will also provide valuable data for the researchers and businesses within similar company personas.


2020 ◽  
Vol 12 (8) ◽  
pp. 135
Author(s):  
Theo Lynn ◽  
Grace Fox ◽  
Anna Gourinovitch ◽  
Pierangelo Rosati

High performance computing (HPC) is widely recognized as a key enabling technology for advancing scientific progress, industrial competitiveness, national and regional security, and the quality of human life. Notwithstanding this contribution, the large upfront investment and technical expertise required has limited the adoption of HPC to large organizations, government bodies, and third level institutions. Recent advances in cloud computing and telecommunications have the potential to overcome the historical issues associated with HPC through increased flexibility and efficiency, and reduced capital and operational expenditure. This study seeks to advance the literature on technology adoption and assimilation in the under-examined HPC context through a mixed methods approach. Firstly, the determinants of cloud computing adoption for HPC are examined through a survey of 121 HPC decision makers worldwide. Secondly, a modified Delphi method was conducted with 13 experts to identify and prioritize critical issues in the adoption of cloud computing for HPC. Results from the quantitative phase suggest that only organizational and human factors significantly influence cloud computing adoption decisions for HPC. While security was not identified as a significant influencer in adoption decisions, qualitative research findings suggest that data privacy and security issues are an immediate and long-term concern.


2021 ◽  
Vol 14 (5) ◽  
pp. 218
Author(s):  
Larissa Batrancea

Financial performance and financial equilibrium are two key aspects that should be monitored by any business manager interested in passing the test of time and overcoming unpredictable events such as economic crises. The organic link between financial performance and financial equilibrium has rarely been studied in the long run for companies listed on the stock market. The present article fills this gap in the literature by examining the degree to which financial performance influenced long-term financial equilibrium using data from 34 major companies publicly traded on the New York Stock Exchange and operating around the world in a wide variety of industries and sectors. The period of analysis spread over a decade (2007Q1–2020Q3) in order to cover two major crises that have marked the dawn of the third millennium and occurred relatively close to one another: the 2008 financial meltdown and the COVID-19 pandemic crisis. By means of panel data modelling, the study showed that the short-term and long-term financial equilibria of these public companies measured by current ratio, quick ratio and debt to equity ratio were significantly impacted by different financial performance indicators. The study addresses various implications of the empirical results and lays out avenues for future research.


Author(s):  
Kenny Ardillah

<p><em>This study aims to prove empirically the influence of real manipulation in moderating the negative corporate environmental disclosure against corporate financial performance in the short and long term. This research theory focuses on stakeholder theory.</em></p><p><em>The research sample focuses on state-owned companies listed on the Indonesia Stock Exchange in the </em>2013-2016<em> period. The criteria for selecting research samples used purposive sampling method, so that it was obtained 11 companies that became the research sample. Data were analyzed using classic assumption test, descriptive statistic, and moderated regression analysis using </em>SPSS 19.0<em>.</em></p><p><em>The results of this study are corporate environmental disclosure has a positive effect on corporate financial performance in the short term, real manipulation moderates negatively corporate environmental disclosure towards corporate financial performance in the short term, corporate environmental disclosure has no effect towards corporate financial performance in the long run, and real manipulation can not moderate corporate environmental disclosure towards corporate financial performance in the long run.</em></p><p><em> </em></p><p><em>Keywords </em>:<em> Real Manipulation, Corporate Environmental Disclosure, Corporate Financial Performance</em></p>


2016 ◽  
Author(s):  
Αριάνα Πολυβίου

Αυτή η διατριβή περιλαμβάνει μια μικτή (ποιοτική και ποσοτική) ερευνητική προσέγγιση για τη διερεύνηση των αποφάσεων υιοθέτησης υπηρεσιών υπολογιστικού νέφους. Η προσέγγιση αυτή εκτείνεται σε δυο παράλληλα ερευνητικά μονοπάτια που ανταποκρίνονται σε δύο συμπληρωματικά ερευνητικά ερωτήματα. Το πρώτο ερευνητικό ερώτημα εστιάζει στη διαδικασία λήψης αποφάσεων υιοθέτησης υπηρεσιών υπολογιστικού νέφους που ακολουθείται σε οργανισμούς. Το δεύτερο ερευνητικό ερώτημα επικεντρώνεται στους παράγοντες που επηρεάζουν την απόφαση υιοθέτησης υπηρεσιών υπολογιστικού νέφους όταν αυτή αφορά μια πιο συγκεκριμένη επιχειρηματική περιοχή του οργανισμού. Τα δύο ερευνητικά ερωτήματα βασίζονται στα πορίσματα δύο διερευνητικών προκαταρκτικών μελετών.Η πρώτη κύρια μελέτη αυτής της διατριβής αφορά ποιοτική (qualitative) μελέτη που αποσκοπεί στην ανάλυση της διαδικασίας λήψης αποφάσεων για την υιοθέτηση υπηρεσιών υπολογιστικού νέφους. Βασιζόμενη στη θεωρία απόδοσης νοήματος (sensemaking theory) και αντλώντας πληροφορίες από συνεντεύξεις με Υπεύθυνούς Πληροφορικής και Διευθύνοντες Σύμβουλους / Διευθυντές, η έρευνα αυτή σχηματίζει ένα θεωρητικό πλαίσιο σχετικά με τη διαδικασία απόδοσης νοήματος για την υιοθέτηση υπηρεσιών υπολογιστικού νέφους μέσα από φάσεις, κύκλους και χαρακτηριστικά. Η ανάλυση των δεδομένων αυτής της έρευνας επίσης οδηγεί στην αναγνώριση των προτύπων (patterns) που ακολουθούνται από τους υπευθύνους της διαδικασίας λήψης αποφάσεων κατά την εξέταση της υιοθέτησης υπηρεσιών υπολογιστικού νέφους. Επίσης, η έρευνα αυτή συζητά τις παραλλαγές των προτύπων που ακολουθούνται στις περιπτώσεις οργανισμών μικρότερου μεγέθους χωρίς τμήμα πληροφορικής καθώς και της απόρριψης του ενδεχομένου υιοθέτησης υπηρεσιών υπολογιστικού νέφους. Η δεύτερη κύρια μελέτη αφορά ποσοτική μελέτη που στοχεύει στη διερεύνηση των παραγόντων που επηρεάζουν την απόφαση υιοθέτησης υπηρεσιών υπολογιστικού νέφους όταν αυτή αφορά μια πιο συγκεκριμένη επιχειρηματική περιοχή του οργανισμού. Με βάση τη θεωρία της διάχυσης της καινοτομίας (diffusion of innovation theory) και τη θεωρία που σχετίζεται με τις οργανωτικές ικανότητες (organization capabilities theory), η μελέτη αυτή διαμορφώνει ένα ερευνητικό μοντέλο που εξετάζει την επίδραση του σχετικού πλεονεκτήματος των υπηρεσιών υπολογιστικού νέφους και της οργανωτικής καινοτομικότητας στην απόφαση υιοθέτησης υπηρεσιών υπολογιστικού νέφους όταν αυτή αφορά μια πιο συγκεκριμένη επιχειρηματική περιοχή του οργανισμού. Τα αποτελέσματα της μελέτης δείχνουν ότι παράγοντες όπως η «δυνατότητα απομακρυσμένη πρόσβασης» (remote access), η «μείωση του κόστους» (cost reduction) και η «καινοτομικότητα προσωπικού» (personnel innovativeness) έχουν στατιστικά σημαντική επίδραση στην απόφαση υιοθέτησης υπηρεσιών υπολογιστικού νέφους ενώ οι «ανησυχίες για θέματα ασφάλειας» (security concerns) και η «καινοτομικότητα της διοίκησης» (managerial innovativeness) δεν είναι στατιστικά σημαντικές.Από τη διατριβή αυτή προκύπτουν αρκετά θεωρητικά και πρακτικά συμπεράσματα. Η διατριβή προτείνει τη χρήση της θεωρία απόδοσης νοήματος ως μία εναλλακτική θεώρηση για την κατανόηση των αποφάσεων υιοθέτησης υπηρεσιών υπολογιστικού νέφους και προτείνει ένα θεωρητικό πλαίσιο το οποίο σκιαγραφεί τη διαδικασία λήψης αποφάσεων υιοθέτησης υπηρεσιών υπολογιστικού νέφους και των συστατικών της. Συνεισφέρει στην βιβλιογραφία που ασχολείται με την υιοθέτηση υπηρεσιών υπολογιστικού νέφους δείχνοντας ότι οι αποφάσεις υιοθέτηση υπηρεσιών υπολογιστικού νέφους είναι συνυφασμένες με την επιχειρηματική περιοχή του οργανισμού στην οποία υιοθετούνται και, ως εκ τούτου, δείχνει ότι υπάρχει ανάγκη για μια πιο ρεαλιστική προσέγγιση σχετικά με τη μελέτη αποφάσεων υπολογιστικού νέφους. Δείχνει επίσης ότι υπάρχει ένας συνεχιζόμενος διάλογος ανάμεσα στις «αυστηρά καθορισμένες» (hard) και τις «ευμετάβλητες» (soft) επιλογές που γίνονται στο πλαίσιο της διαδικασίας λήψης αποφάσεων υπολογιστικού νέφους. Αναδεικνύει ότι οι αποφάσεις υιοθέτησης υπηρεσιών υπολογιστικού νέφους συμπεριλαμβάνουν σε μεγάλο βαθμό κοινωνικά χαρακτηριστικά και ότι παρά την ελαχιστοποίηση του ρίσκου επένδυσης και τη δυνατότητα αγοράς μέσω διαδικτύου υπηρεσιών υπολογιστικού νέφους που είναι έτοιμες για χρήση, τα στελέχη που εμπλέκονται στη διαδικασία λήψης αποφάσεων υπολογιστικού νέφους εξακολουθούν να δείχνουν ενδιαφέρον στο να γνωρίσουν τον πάροχο της υπηρεσίας από κοντά. Τα αποτελέσματα της διατριβής δείχνουν ότι όταν η υιοθέτηση υπηρεσιών υπολογιστικού νέφους συσχετίζεται με την επιχειρηματική περιοχή του οργανισμού στην οποία η υπηρεσία θα υιοθετηθεί, η αντίληψη των στελεχών που εμπλέκονται στη διαδικασία λήψης αποφάσεων σχετικά με την αξία των υπηρεσιών υπολογιστικού νέφους γίνεται πιο συγκεκριμένη. Πράγματι, μέσα σε ένα συγκεκριμένο επιχειρηματικό πλαίσιο, τα οφέλη και οι κίνδυνοι γίνονται προφανείς και τα οφέλη είναι πιο πιθανό να επικρατούν έναντι των ρίσκων που συνδέονται με την υιοθέτηση υπηρεσιών υπολογιστικού νέφους. Η διατριβή επίσης ερμηνεύει το σχετικό πλεονέκτημα των υπηρεσιών υπολογιστικού νέφους σε σχέση με τα χαρακτηριστικά των υπηρεσιών υπολογιστικού νέφους και εξακριβώνει τη σημασία της οργανωτικής καινοτομικότητας (organizational innovativeness) στις αποφάσεις υιοθέτησης υπολογιστικού νέφους. Με βάση αυτά τα συμπεράσματα, η διατριβή παρουσιάζει πιθανές κατευθύνσεις για μελλοντική έρευνα.


2019 ◽  
pp. 114-133
Author(s):  
G. I. Idrisov ◽  
Y. Yu. Ponomarev

The article shows that depending on the goals pursued by the federal government and the available interbudgetary tools a different design of infrastructure mortgage is preferable. Three variants of such mortgage in Russia are proposed, each of which is better suited for certain types of projects and uses different forms of subsidies. According to our expert assessment the active use of infrastructure mortgage in Russia can increase the average annual GDP growth rate by 0.5 p. p. on the horizon of 5—7 years. In the long run the growth of infrastructure financing through the use of infrastructure mortgage could increase long-term economic growth by 0.9 p. p., which in 20—30 years can add 20—30% of GDP to the economy. However, the change in the structure of budget expenditures in the absence of an increase in the budget deficit and public debt will cause no direct impact on monetary policy. The increase in the deficit and the build-up of public debt will have a negative effect on inflation expectations, which will require monetary tightening for a longer time to stabilize them.


INFO ARTHA ◽  
2017 ◽  
Vol 1 ◽  
pp. 17-28
Author(s):  
Anisa Fahmi

Motivated by inter-regional disparities condition that occurs persistently, this study examines the Indonesian economy in the long run in order to know whether it tends to converge or diverge. This convergence is based on the Solow Neoclassical growth theory assuming the existence of diminishing returns to capital so that when the developed countries reach steady state conditions, developing countries will continuously grow up to 'catch-up' with developed countries. Based on regional economics perspective, each region can not be treated as a stand-alone unit,therefore, this study also focuses on the influence of spatial dependency and infrastructure. Economical and political situations of a region will influence policy in that region which will also have an impact to the neighboring regions. The estimation results of spatial cross-regressive model using fixed effect method consistently confirmed that the Indonesian economy in the long term will likely converge with a speed of 8.08 percent per year. Other findings are road infrastructure has a positive effect on economic growth and investment and road infrastructure are spatially showed a positive effect on economic growth. In other words, the investment and infrastructure of a region does not only affect the economic growth of that region but also to the economy of the contiguous regions. 


2018 ◽  
Vol 9 (2) ◽  
pp. 33-48
Author(s):  
Rivaldy Februansyah ◽  
Ika Yanuarti

The manufacturing sector is one of the most dominant economic sectors in in achieving growth and development in Indonesia. It needs adequate fund to develop its business. The sources of fund are from internal and external. The firm usually optimized the usage of internal fund prior to external fund. The internal fund comes from equity while the external funds are from debt and stock. Debt is also known as financial leverage. There is a phenomenon that the usage of debt increased the firm’s financial performance, since interest on debt could lower the payment of tax (tax shield). On the other side, the higher the financial leverage the higher the risk of bankruptcy. This research aims to analyze whether financial leverage has an influence on financial performance in the manufacturing sector listed on the Indonesia Stock Exchange (IDX) period 2015. The method of analysis used in this research is multiple linear regression analysis. This research uses quantitative approach with a sample of 140 listed companies in the manufacturing industry. The firm’s financial performance could be measured by the financial ratios. Financial Leverage ratios are ratios that measure the ability of firm’s to meet its financial obligation and the level of usage debt as compared to equity. There are several financial leverage ratios that used in this research, such as Debt Ratio (DR), Debt to Equity Ratio (DER), Interest Coverage Ratio (ICR), and Long Term Debt Ratio (LTDR). Financial performance indicates the ability of firm to generate profit and measured by Profitability Ratio. Return on Asset (ROA) is one of the Profitability Ratio. The statistical result shows that Debt Ratio (DR) negatively affect Return on Asset (ROA) and Interest Coverage Ratio (ICR) positively affect Return on Asset (ROA). Meanwhile, Debt to Equity Ratio (DER) and Long Term Debt Ratio (LTDR) did not affect Return on Asset (ROA). On the other hand, result shows that Debt Ratio (DR), Debt to Equity Ratio (DER), Interest Coverage Ratio (ICR), and Long Term Debt Ratio (LTDR) affect Return on Asset (ROA) simultaneously. Keywords: Financial Leverage, Debt Ratio (DR), Debt to Equity Ratio (DER), Interest Coverage Ratio (ICR), Long Term Debt Ratio (LTDR), Financial Performance, Return on Assets (ROA)


2013 ◽  
Vol 3 (2) ◽  
Author(s):  
N. Jyothi ◽  
Dr. T. Satyanarayana Chary

Financial performance of individual organizations differ very significantly, however, the performance is distinguishable between public sector companies and private sector companies as their nature and size of investment and business environment is different . The ECIL is a very vast growing company which requires additional funds on a regular basis, whether internal or external. Particularly, the company needs both long term and short-term finances in view of its present position and enormous scope for improvement in the services provided. The present paper is a modest attempt to discuss the financial performance analysis of ECIL, Hyderabad in terms operating profits, capital employed ratios and turnover in a comprehensive manner over a period of 10 years.


Author(s):  
Arie Nadler

This chapter reviews social psychological research on help giving and helping relations from the 1950s until today. The first section considers the conditions under which people are likely to help others, personality dispositions that characterize helpful individuals, and motivational and attributional antecedents of helpfulness. The second section looks at long-term consequences of help and examines help in the context of enduring and emotionally significant relationships. Research has shown that in the long run help can increase psychological and physical well-being for helpers but discourage self-reliance for recipients. The third section analyzes helping from intra- and intergroup perspectives, considering how its provision can contribute to helpers’ reputations within a group or promote the positive social identity of in-groups relative to out-groups. Help is thus conceptualized as a negotiation between the fundamental psychological needs for belongingness and independence. Theoretical and practical implications are discussed.


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