scholarly journals Does CMMI Implementation affect the Performance of the Firm? An Evaluation from a Dynamic Capabilities Approach

2018 ◽  
Vol 6 (2) ◽  
pp. 57 ◽  
Author(s):  
Eduardo Agenjo ◽  
Natalia Martín-Cruz ◽  
Cristina Ruiz-Martin ◽  
Adolfo López-Paredes
Keyword(s):  
Financial Performance ◽  
Dynamic Capabilities ◽  
Negative Relationship ◽  
Capabilities Approach ◽  
Financial Data ◽  
Model Integration ◽  
Maturity Model ◽  
Capability Maturity ◽  
The Impact ◽  
The Relationship

<p>In this paper, we study the impact of the Capability Maturity Model Integration (CMMI) on firm performance both during and after its implementation. The literature pointed out that CMMI is theoretically related to the generation of dynamic capabilities. To give an empirical view of these theories, we built a database of economic and financial data from Spanish firms involved in programming, consultancy or another computer-related sector. This data allowed us to study the relationship between the use of CMMI and the firm economic and financial performance in an empirical way. The main finding of the analysis is a negative relationship between the use of CMMI and profitability in the firms during the analyzed period and sector.</p>

Debt Financing and Agency Cost on Profitability: Are Real Estate Firms’ Performance in India Getting Affected?

2021 ◽  
Vol 17 (1-2) ◽  
pp. 43-56
Author(s):  
Pradip Kumar Mitra ◽  
Omkar Naik
Keyword(s):  
Real Estate ◽  
Phase I ◽  
Financial Performance ◽  
Phase Ii ◽  
Negative Relationship ◽  
Agency Cost ◽  
Debt Financing ◽  
Leverage Ratio ◽  
The Impact ◽  
The Relationship

This article tries to understand the relationship between agency cost, debt financing and Indian real estate companies’ performance. The study attempts to document the effect of debt on the firm’s profitability and then explores the reason behind such an impact by introducing the agency cost as a parameter. The study is conducted in two phases. Phase I is carried out to establish the relationship between debt financing and the firm’s financial performance. In Phase II, the study is conducted to understand the impact of agency cost on debt financing. Firms from the BSE Realty Index were selected for the period 2011–2018. Profitability is measured through return on equity (ROE), whereas debt financing is measured through the firm’s leverage ratio. The agency cost is measured through the asset utilisation ratio and general expense to sales ratio. Panel regression method is used to understand the impact of debt financing and agency cost on the firms’ profitability. The result of Phase I suggests a significant negative relationship between debt financing and the ROE and the result of Phase II suggests a positive relationship between the agency cost and debt financing. This means that reduction in agency cost will lead to lesser amount of debt financing thereby improving the firm’s financial performance.

scholarly journals How business accelerators impact startup’s performance: Empirical insights from the dynamic capabilities approach

2020 ◽  
Vol 16 (3) ◽  
pp. 107
Author(s):  
Celia Polo García-Ochoa ◽  
Carmen De-Pablos-Heredero ◽  
Francisco José Blanco Jiménez
Keyword(s):  
Dynamic Capabilities ◽  
Positive Influence ◽  
Capabilities Approach ◽  
Dynamic Capability ◽  
Cross Sectional ◽  
Survey Results ◽  
Cross Sectional Design ◽  
Using Data ◽  
The Impact ◽  
The Relationship

Purpose: Accelerators are seen as powerful entities that provide critical support to startups in their development. However, little is known about the acceleration practices by which they help their startups. The present study has as its aim to investigate whether business accelerators do assist their startups in the generation of their dynamic capabilities and in their performance and which processes and organizational routines of accelerators programs become effective drivers.Design/methodology/approach: Drawing from the dynamic capability perspective, this empirical research explores the impact of business acceleration programs in their startups by applying a Canonical discriminant analysis using data from 24 Spanish business accelerators.Findings: This study reveals that certain accelerators practices indeed enhance startups’ dynamic capabilities. Further, absorption, integration, and innovation capabilities had a positive influence on startups’ performance while sense the market capability showed a negative one.   These findings enable us to identify which business acceleration practices lead to better startups’ performance improvements.Research limitations/implications: This is a preliminary attempt to help in the untangling of the dynamic capability and the business incubation black box. The cross-sectional design of the study and the fact that the data was gathered from a single country and based on survey results in bias and in a limited generalization of its findings.Practical implications: This research can help decision makers’ in business accelerators to put in practice organizational mechanisms aimed to be more successful in their objectives.Originality/value: This study is pioneer to empirically analysis the relationship between business accelerators’ practices and the generation of dynamic capabilities.

scholarly journals The factors affect financial performance of companies listed on Hanoi stock exchange

2020 ◽  
Vol 4 (3) ◽  
pp. First
Author(s):  
Hồ Xuân Thủy ◽  
Đinh Lê Minh Hiếu ◽  
Dzoãn Khoa Danh ◽  
Phạm Phú Thành Đạt ◽  
Nguyễn Hồng Ngọc ◽  
...  
Keyword(s):  
Financial Performance ◽  
Income Tax ◽  
Stock Exchange ◽  
Negative Relationship ◽  
Corporate Income Tax ◽  
Firm Age ◽  
Return On Assets ◽  
Business Entities ◽  
The Impact ◽  
The Relationship

Profit maximization is an important goal of any business entities, lead to big concern about how to improve financial performance so as to run businesses in a stability and sustainability. Furthermore, in measuring financial performance, several profitability indicators are widely in use as return on assets (ROA), return on equity (ROE)... We did conduct literature reviews and conclude: evaluating the impact of factors on entity financial performance is such an essential topic which has drawn the attention of researchers all over the world and yet Vietnam. However, many studies gave dissimilar results, which indicates there might be differences in nature of the relationship, or factors affiliation in enterprises of different sectors or different countries. This study aims to determine the effect of factors on the financial performance of companies listed on the Hanoi Stock Exchange (HNX) from 2013-2017. The factors include corporate income tax, firms’size, growth of the firm, age of the firm and liquidity. The study used panel data methodology, the FEM model was found to be consistent with data. In this study, variables of return on assets (ROA) used to measure the financial performance of companies. The research revealed that corporate income tax, firms’size and growth of the firm show a significant negative relationship with financial performance. On the other hand, there is a significant positive relationship between liquidity and financial performance. But, the relationship between ROA with the firm age is not significant. Firms’ size and corporate income tax have the greatest influence on financial of companies. The findings of the study will improve the financial performance of companies listed on the HNX.

scholarly journals The Impact of Capability Maturity Model Integration on Return on Investment in IT Industry: An Exploratory Case Study

2017 ◽  
Vol 7 (6) ◽  
pp. 2189-2193
Author(s):  
A. Saeed ◽  
R. S. Afgun Usmani ◽  
H. Akram ◽  
S. M. Saqlain ◽  
A. Ghani
Keyword(s):  
Return On Investment ◽  
Model Integration ◽  
Capability Maturity Model ◽  
Maturity Model ◽  
It Industry ◽  
Capability Maturity ◽  
Capability Maturity Model Integration ◽  
Consistent Basis ◽  
The Impact

Capability Maturity Model Integration (CMMI) is a framework known for improving the quality of processes on consistent basis. This paper makes an attempt to explore, analyze and describe the impact of CMMI in terms of return on investment (ROI) for the IT industry. An IT organization who has acquired a maturity level of CMMI 2 is taken as case study. At first, in reference to the level of applied CMMI, a thorough study is completed. Afterwards the luxuries and limitations are studied and explored with reference to organizations applying the monetary terms using ROI framework. Finally, the presented research highlights the key benefits and difficulties in switching to CMMI from conventional quality assurance.

The Role of Financial Performance in Motivating Polish Municipal Employees

2017 ◽  
Vol 39 (1) ◽  
pp. 75-105 ◽  
Author(s):  
Palina Prysmakova ◽  
Michele Tantardini ◽  
Tomasz Potkański
Keyword(s):  
Financial Performance ◽  
Negative Relationship ◽  
Work Conditions ◽  
Work Attitudes ◽  
Financial Indicators ◽  
Individual Level ◽  
Municipal Employees ◽  
The Impact ◽  
The Relationship

This article explores the relationship between employees’ public service motivation (PSM) and public administrations’ financial performance from the perspective of human resource management (HRM). The purpose of this article is twofold: first, we seek to understand the relationship between organizational financial performance and individual-level PSM by focusing on how financial performance is associated with PSM. Second, while acknowledging previous findings on the impact of employees’ work attitudes on performance, we explore the possibility of an opposite causality. After assessing several theoretical and empirical propositions that support an additional direction of causality, we use a sample of municipal employees from Poland to test how financial performance affects individual PSM. By analyzing five financial indicators, we find that financial performance might predict individuals’ PSM. We also propose that a negative relationship occurs when organizations achieve financial goals through HRM practices that negatively affect employees, such as worsening of work conditions, increased workload, and inadequate remuneration.

Risk Attitude and Corporate Investment under Output Market Uncertainty: Evidence from The Mekong River Delta, Vietnam

2016 ◽  
pp. 59-70
Author(s):  
Ninh Le Khuong ◽  
Nghiem Le Tan ◽  
Tho Huynh Huu
Keyword(s):  
Negative Relationship ◽  
Risk Attitude ◽  
Business Strategies ◽  
Risk Averse ◽  
Market Uncertainty ◽  
Firm Investment ◽  
Output Market ◽  
The Impact ◽  
The Relationship

This paper aims to detect the impact of firm managers’ risk attitude on the relationship between the degree of output market uncertainty and firm investment. The findings show that there is a negative relationship between these two aspects for risk-averse managers while there is a positive relationship for risk-loving ones, since they have different utility functions. Based on the findings, this paper proposes recommendations for firm managers to take into account when making investment decisions and long-term business strategies as well.

scholarly journals The Effects of External and Internal Factors on Competitive Advantage—Moderation of Market Dynamism and Mediation of Customer Relationship Building

2021 ◽  
Vol 13 (7) ◽  
pp. 4066
Author(s):  
Romina Cheraghalizadeh ◽  
Hossein Olya ◽  
Mustafa Tumer
Keyword(s):  
Competitive Advantage ◽  
Dynamic Capabilities ◽  
Capabilities Approach ◽  
Relationship Building ◽  
Customer Relationship ◽  
Mediation Effect ◽  
Organizational Capabilities ◽  
Validity And Reliability ◽  
Internal And External Factors ◽  
The Relationship

Using a resource-based view and dynamic capabilities approach, this study investigates both the internal and external factors influencing competitive advantage in the hotel industry. For this purpose, we examine how organizational capabilities may lead to customer relationship building and in turn to competitive advantage. We further test the moderation role of market dynamism on the relationship between organizational capabilities and customer relationship building, and also investigate the mediation effect of customer relationship building on the association between organizational capabilities and competitive advantage. A questionnaire-based study was conducted among hotel employees in Northern Cyprus to test the conceptual model. A set of approaches was applied to detect common method bias and test the validity and reliability of the questionnaire. Correlation and regression analyses were conducted to evaluate the relationships between the variables, and bootstrapping analysis was applied to assess the mediation and moderation effects. The results revealed that organizational capabilities enhance customer relationship building and competitive advantage. Market dynamism as an external factor moderates the relationship between organizational capabilities and customer relationship building. There is also an indirect association between organizational capabilities and competitive advantage through the mediation of customer relationship building. The theoretical and practical implications of the findings are discussed.

scholarly journals The Relationship between Person Organization Fit, Person-Job-Fit and Turnover Intention in Banking Sector of Pakistan: The Mediating Role of Psychological Climate

2012 ◽  
Vol 2 (3) ◽  
pp. 172 ◽  
Author(s):  
Masoodul Hassan ◽  
Ammara Akram ◽  
Sana Naz
Keyword(s):  
Organizational Behavior ◽  
Turnover Intention ◽  
Banking Sector ◽  
Negative Relationship ◽  
Psychological Climate ◽  
Job Fit ◽  
Mediating Role ◽  
Person Organization Fit ◽  
The Impact ◽  
The Relationship

In last few decades, employees’ job related attitudes and behaviors have remained topics of considerable interest in the fields of organizational behavior and human resource management. This study aims to explore the impact of person-organization-fit and person-job-fit on employee turnover intention while considering psychological climate as a mediating variable. Sample for this research is consisted of 260 employees from top five commercial banks of large cities of Pakistan. SPSS 17 is used for analyzing the data. Correlation and regression analysis is used to test the direct and mediating relationship between key variables. Results indicate that both person-organization-fit and person-job-fit have negative relationship with turnover intention. Psychological climate partially mediates the relationship between person-organization-fit and turnover intention while fully mediates the relationship between person-job-fit and turnover intention.

Research on the Impact of Information Security Certification and Concealment onFinancial Performance

2022 ◽  
Vol 30 (3) ◽  
pp. 0-0
Keyword(s):  
Information Security ◽  
Financial Performance ◽  
Positive Impact ◽  
Rapid Development ◽  
International Standards ◽  
Corporate Decisions ◽  
Using Data ◽  
The Impact ◽  
The Relationship ◽  
Iso 27001

With the rapid development of information technology, information security has been gaining attention. The International Organization for Standardization (ISO) has issued international standards and technical reports related to information security, which are gradually being adopted by enterprises. This study analyzes the relationship between information security certification (ISO 27001) and corporate financial performance using data from Chinese publicly listed companies. The study focusses on the impact of corporate decisions such as whether to obtain certification, how long to hold certification, and whether to publicize information regarding certification. The results show that there is a positive correlation between ISO 27001 and financial performance. Moreover, the positive impact of ISO 27001 on financial performance gradually increases with time. In addition, choosing not to publicize ISO 27001 certification can negatively affect enterprise performance.

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