scholarly journals An Emerging Conceptual Framework to Assess Expatriates’ Return on Investment

Author(s):  
Franca Cantoni ◽  
Ilaria Galavotti

This paper develops a conceptual framework on expatriates’ Return on Investment (eROI) that disentangles the drivers of value creation from expatriation projects and identifies the psychological contract as crucial to overcome the traditional tension between organizational and individual objectives. Mainly designed for traditional medium- and long-term expatriation projects, our framework can also be extended to nascent types of assignments in times of COVID-19 pandemic, e.g. virtual assignments.

Author(s):  
Andrea Lorenzo Capussela

This chapter lays out one part of the theoretical framework of the book, drawn from institutional economics. This literature maintains that institutions are the main determinant of long-term growth, and that to remain ‘appropriate’ institutions must evolve in synchrony with an economy’s progress through the stages of its development. Their evolution depends on a society’s openness to political creative destruction. Limited-access social orders tend to constrain it, to safeguard elites’ rents, and typically undermine progressive institutional reforms, breaking that synchrony. The transition from that social order to the open-access one is an endogenous and reversible process, in which inefficient institutions, which allow elites to extract rents, coexist with appropriate ones, which constrain their power and make it contestable. The hypothesis is advanced that Italy has not yet completed this transition, and that the tension between its efficient and inefficient institutions can endogenously generate shocks, which open opportunities for equilibrium shifts.


Author(s):  
Gilles Duruflé ◽  
Thomas Hellmann ◽  
Karen Wilson

This chapter examines the challenge for entrepreneurial companies of going beyond the start-up phase and growing into large successful companies. We examine the long-term financing of these so-called scale-up companies, focusing on the United States, Europe, and Canada. The chapter first provides a conceptual framework for understanding the challenges of financing scale-ups. It emphasizes the need for investors with deep pockets, for smart money, for investor networks, and for patient money. It then shows some data about the various aspects of financing scale-ups in the United States, Europe, and Canada, showing how Europe and Canada are lagging behind the US relatively more at the scale-up than the start-up stage. Finally, the chapter raises the question of long-term public policies for supporting the creation of a better scale-up environment.


2021 ◽  
pp. 109467052199756
Author(s):  
Bryan Hochstein ◽  
Nawar N. Chaker ◽  
Deva Rangarajan ◽  
Duane Nagel ◽  
Nathaniel N. Hartmann

An increasing number of business-to-business (B2B) service firms have transitioned to recurring revenue-based solutions. These subscription B2B solutions are becoming increasingly common, yet offer challenges for long-term renewal if value is not consistently realized by the customer. To address this concern, customer success (CS) management has emerged. CS management is based on regular proactive action taken by the seller to (a) educate, prepare, and engage customers for value co-creation; (b) demonstrate the value delivered by the solution; and (c) provide a channel for advocacy on behalf of customers within the service-providing firm. Our findings highlight the under-researched topic of CS in B2B settings. Specifically, we propose the CS function and role as a structural alternative to within-person (i.e., cross-functional) ambidexterity and emphasize the ability of a CS focus by service firms to complement existing firm operations in value creation efforts. Our case study analysis provides a multilevel perspective (i.e., executive, functional role employees, and customers) via in-depth interviews that offer unique insights on “how parts of the service-sales system work together.” Overall, CS is growing as a practice that propagates value to the customer via ongoing success with solutions while improving service-firm renewal and growth of subscription business.


Energies ◽  
2021 ◽  
Vol 14 (4) ◽  
pp. 1011
Author(s):  
Bartłomiej Bajan ◽  
Joanna Łukasiewicz ◽  
Agnieszka Poczta-Wajda ◽  
Walenty Poczta

The projected increase in the world’s population requires an increase in the production of edible energy that would meet the associated increased demand for food. However, food production is strongly dependent on the use of energy, mainly from fossil fuels, the extraction of which requires increasing input due to the depletion of the most easily accessible deposits. According to numerous estimations, the world’s energy production will be dependent on fossil fuels at least to 2050. Therefore, it is vital to increase the energy efficiency of production, including food production. One method to measure energy efficiency is the energy return on investment (EROI), which is the ratio of the amount of energy produced to the amount of energy consumed in the production process. The literature lacks comparable EROI calculations concerning global food production and the existing studies only include crop production. The aim of this study was to calculate the EROI of edible crop and animal production in the long term worldwide and to indicate the relationships resulting from its changes. The research takes into account edible crop and animal production in agriculture and the direct consumption of fossil fuels and electricity. The analysis showed that although the most underdeveloped regions have the highest EROI, the production of edible energy there is usually insufficient to meet the food needs of the population. On the other hand, the lowest EROI was observed in highly developed regions, where production ensures food self-sufficiency. However, the changes that have taken place in Europe since the 1990s indicate an opportunity to simultaneously reduce the direct use of energy in agriculture and increase the production of edible energy, thus improving the EROI.


1998 ◽  
Vol 2 (1) ◽  
pp. 33-38 ◽  
Author(s):  
John C. Anyanwu

Is the stock market development important for economic growth in Nigeria? One line of research argues that it is not; another line stresses the importance of stock market development in allocating capital, acquisition of information about firms, easing risk management, mobilization of savings, and exerting corporate control. Indeed, some theories provide a conceptual framework for the belief that larger, more efficient stock markets boost economic growth. This article examines whether there is a strong empirical association between Nigerian stock market development and long-run economic growth. Our empirical results suggest that the Nigerian stock market development is positively and strongly associated with long-term economic growth. This implies that Nigerian policymakers should make concerted efforts at removing obstacles to stock market development while creating and sustaining an enabling macroeconomic and political environment for the market’s development.


2015 ◽  
Vol 2015 ◽  
pp. 1-7 ◽  
Author(s):  
Azrulhizam Shapi’i ◽  
Nor Azan Mat Zin ◽  
Ahmed Mohammed Elaklouk

Brain injury such as traumatic brain injury (TBI) and stroke is the major cause of long-term disabilities in many countries. The increasing rate of brain damaged victims and the heterogeneity of impairments decrease rehabilitation effectiveness and competence resulting in higher cost of rehabilitation treatment. On the other hand, traditional rehabilitation exercises are boring, thus leading patients to neglect the prescribed exercises required for recovery. Therefore, we propose game-based approach to address these problems. This paper presents a rehabilitation gaming system (RGS) for cognitive rehabilitation. The RGS is developed based on a proposed conceptual framework which has also been presented in this paper.


2017 ◽  
Vol 31 (1) ◽  
pp. 109-138 ◽  
Author(s):  
Mark J. Siedner

Objective: The number of people living with HIV (PLWH) over 50 years old in sub-Saharan Africa is predicted to triple in the coming decades, to 6-10 million. Yet, there is a paucity of data on the determinants of health and quality of life for older PLWH in the region. Methods: A review was undertaken to describe the impact of HIV infection on aging for PLWH in sub-Saharan Africa. Results: We (a) summarize the pathophysiology and epidemiology of aging with HIV in resource-rich settings, and (b) describe how these relationships might differ in sub-Saharan Africa, (c) propose a conceptual framework to describe determinants of quality of life for older PLWH, and (d) suggest priority research areas needed to ensure long-term gains in quality of life for PLWH in the region. Conclusions: Differences in traditional, lifestyle, and envirnomental risk factors, as well as unique features of HIV epidemiology and care delivery appear to substantially alter the contribution of HIV to aging in sub-Saharan Africa. Meanwhile, unique preferences and conceptualizations of quality of life will require novel measurement and intervention tools. An expanded research and public health infrastructure is needed to ensure that gains made in HIV prevention and treamtent are translated into long-term benefits in this region.


Author(s):  
Frank J. Agraz ◽  
John Maneri

The continual rising cost of energy, existing outdated lighting technology, and inefficient lighting designs have given property owners the opportunity to improve their facilities by retrofitting their existing luminaires with an energy efficient lighting system. A lighting retrofit uses the existing electrical infrastructure to replace, relocate, or convert existing luminaires with the latest generation of cost-effective components. New lighting technology has emerged within the last 6 years that generates energy savings of 40% to 50% while maintaining existing light levels. These upgraded and field-tested solutions lower energy consumption, generate a healthy financial return on investment, and can improve both the quality and quantity of light in the task area. As with any other solution, a cost-effective lighting system must be designed and engineered carefully to accommodate the needs of each work space. Simply installing a new lamp into an existing luminaire will not necessarily guarantee substantial energy savings or an improved lighting environment. In any space that uses electric lighting, the lighting designer must evaluate potential solutions for energy consumption, maintenance concerns, delivered light levels, hostile environments, and the overall economic impact of installing and long-term operation of the new system. In this paper, the author will discuss energy efficient lighting design criteria and how a lighting designer properly engineers a retrofit project to deliver energy savings without sacrificing light levels. The discussion includes a summary of both traditional and emerging technologies, and the long-term impact on energy consumption, maintenance, return on investment, lighting quality, and delivered light levels. Paper published with permission.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Subhash Abhayawansa ◽  
Carol A. Adams ◽  
Cristina Neesham

PurposeDrawing on Adams (2017a) conceptualisation of value creation by organisations published in the Accounting, Auditing and Accountability Journal, the purpose of this paper is to develop a conceptualisation of how national governments can create value for society and the economy through their approach to the UN Sustainable Development Goals (SDGs).Design/methodology/approachAn initial conceptual framework was developed from literature situated at the intersection of accountability, public policy and sustainability/sustainable development. The authors' review of extant research on national policy development on value creation, sustainability and the SDGs identified gaps in (understanding of) approaches to national accountability and national governance (by state and civil society) processes. The subsequent thematic analysis of 164 written submissions made to the Australian Senate inquiry on the SDGs between December 2017 and March 2018, together with transcripts of five public hearings where 49 individuals and organisations appeared as witnesses during the second half of 2018, focussed on addressing these gaps.FindingsInput to the Australian Senate Inquiry on the SDGs overwhelmingly emphasised the importance of transparency and stakeholder participation in accountability systems, commenting on data gathering, measuring and communicating. There was an emphasis on the need to involve all parts of society, including business, investors and civil society, and for strong central co-ordination by the Office of the Prime Minister and Cabinet. These data allowed the authors to refine the conceptualisation of how national governments can enhance social and economic value through a focus on the UN SDGs and their approach to accounting, accountability and governance.Practical implicationsThe findings have implications: for national governments in developing approaches to achieve sustainable development; and, for supranational bodies such as the UN in developing agreements, frameworks and guidance for national governments.Originality/valueBuilding on the extant literature about how global governance should be engaged to improve accountability in achieving the SDGs, the conceptual framework developed through the study shifts focus to national governance and accountability, and provides a blueprint for national governments to create value for the economy and society in the face of global sustainable development issues.


Sign in / Sign up

Export Citation Format

Share Document