Evidence for the Relationship between Pilot Effectiveness, Surface Anomalies, and Operational Efficiency Data

2020 ◽  
Vol 12 (21) ◽  
pp. 8819
Author(s):  
Thi Quynh Mai Pham ◽  
Gunwoo Lee ◽  
Hwayoung Kim

With its long coastline, and numerous inlets and offshore islands, coastal ferry industries play a vital role in Korean maritime transportation. This study focuses on the southwestern part of Korea, Mokpo (which has the most inhabited islands and the highest proportion of elderly island residents), and aims to evaluate the impact of passengers’ mobility burdens on the efficiency of ferry routes to achieve a better service for passengers. Integrated principal component analysis–data envelopment analysis and a fuzzy C-means clustering method were applied to analyze the efficiency of ferry routes in the Mokpo area. The efficiency results indicate that longer routes do not always achieve high-efficiency scores. The proportion of general passengers appears to influence the efficiency improvements of both general and subsidiary ferry routes. These findings can assist in better comprehending the relationship between passengers’ mobility burdens and ferry route efficiencies; this will enable the authorities and ferry management departments to develop appropriate policies and strategies and to reconstruct certain features of the inefficient routes, thereby increasing operational efficiency, reducing mobility burdens, and improving the convenience of ferry travel and sustainability of Korean passenger routes.


2020 ◽  
Vol 35 (8) ◽  
pp. 1167-1188
Author(s):  
Ying Chen ◽  
Bin Lin ◽  
Lizhen Lu ◽  
Gaoguang Zhou

Purpose The purpose of this study is to examine the effects of internal audit function (IAF) quality on the operational efficiency of Chinese firms. Design/methodology/approach The authors use regression models with a sample of Chinese listed companies to test their research hypotheses. Findings The authors find that IAF quality is positively associated with firm operational efficiency. The result is unchanged after correcting for endogeneity via the instrumental variable method and using an alternative measure of firm operational efficiency. The authors show that IAF competence improves firm operational efficiency, but the relationship between IAF independence and firm operational efficiency is insignificant. Additionally, they find that IAF quality can only significantly improve firm operational efficiency in the presence of effective corporate governance at the firm level and strong institutions at the province level. Using path analysis, the authors find that an IAF can improve firm operational efficiency directly or indirectly by promoting firm internal control quality. Practical implications The findings of this study suggest the need for a balance between IAF competence and independence to achieve the goals of IAF. Additionally, the authors study suggests that the effectiveness of IAF is contingent on corporate governance and market-based institutions. Originality/value The study’s findings contribute to the burgeoning literature on the relationship between IAF and firm operational performance and deepen the authors’ understanding of the role of IAF in an emerging economy whose government plays a major role in promoting and enforcing internal audits. The study also empirically support the Internal Audit Governance Maturity Model proposed by the Institute of Internal Auditors.


2018 ◽  
Vol 118 (7) ◽  
pp. 1327-1344 ◽  
Author(s):  
Yongyi Shou ◽  
Wenjin Hu ◽  
Mingu Kang ◽  
Ying Li ◽  
Young Won Park

PurposeThe purpose of this paper is to scrutinize the performance effects of supply chain risk management (SCRM). Besides financial performance, two aspects of operational performance are examined: operational efficiency and flexibility. Moreover, the authors explore the moderating role of supplier integration in the relationship between SCRM and operational performance.Design/methodology/approachA survey-based methodology was adopted. Based on the data from an international survey, this study applied the structural equation modeling and latent moderated structural equations approach to test the hypotheses.FindingsThe results indicate that SCRM positively influences both operational efficiency and flexibility, and has an indirect effect on financial performance. In addition, supplier integration enhances the impact of SCRM on operational flexibility, but does not moderate the relationship between SCRM and operational efficiency.Originality/valueThis study extends the existing literature by providing a comprehensive analysis of the performance effects of SCRM. It also provides managerial insights on both risk management and supplier integration.


Author(s):  
Md Sajjad Hosain ◽  
Abu Hena Mohammad Manzurul Arefin ◽  
Md Altab Hossin

The study made an attempt to reveal the role of human resource information system (HRIS) on the operational efficiency (OE) of selected multi-national corporations (MNCs) in Bangladesh. For due purpose, five components of HRIS (Job analysis, e-recruitment & selection, e-compensation & benefit, e-performance appraisal and e-communication) have been selected based on literature as the independent variables while OE has been considered as the dependent one. The study was conducted based on a sample size of 256 top & 308 mid level managers of 11 MNCs operating in Bangladesh. The respondents were selected through convenience sampling technique and the data was collected using a detailed structured survey instrument. The authors utilized Pearson’s correlation coefficient for testing the relationship between the variables; and, linear and multiple regression analysis for testing the validity of assumed hypotheses. After utilizing the specified statistical tools, the results indicated that all the five components of HRIS had positive relationships with operational efficiency while the relationship is strongest for e-recruitment & selection followed by e-communication. The findings of this study are expected to be valuable for HR managers in adopting and understanding the conductive results of HRIS applications at organizations as well as for academicians to study the contribution of HRIS to a further extent.


2018 ◽  
Vol 25 (9) ◽  
pp. 3357-3385 ◽  
Author(s):  
Salama S. Al-Qubaisi ◽  
Mian Ajmal

PurposeThere is limited research that indicates the relation between knowledge management practices (KMPs), organizational culture (OC) and operational efficiency performance (OE) by using Balanced scorecards (BSC) specifically in oil and gas sector. This relationship is not yet acknowledged through empirical tests. The purpose of this paper is to fill this gap by providing a better understanding of that relationship and its importance with regard to business outcomes.Design/methodology/approachIn order to examine the relationship between OC and OE, this research takes a BSC perspective with the mediating impact of KMPs. Three hypotheses were developed using literature review and tested through the application of confirmatory factor analysis in structural equation modeling. Altogether, 568 valid responses were collected from one of the biggest oil and gas companies in the UAE.FindingsAll KMPs were found to have significant relationship with OE and OC. Also, KMPs mediate the relationship between OC and OE. In addition, the results show that the standardized coefficients of these paths and the loadings of the indicators on their factors are significant. Pearson’s correlations indicate strong evidences of the joint impact of OC and KM practices on OE, with a possible mediator impact of KM practices on OE.Research limitations/implicationsOne of research limitations is the type of organization. Future research may include other industries such as manufacturing and construction. Only the operational variable is evaluated and there is no consideration of other dimensions such as leadership type, organizational structure and technology.Originality/valueThis paper is the first in the UAE and the region to examine the relationship between OC and KMPs by considering OE from a BSC perspective with the mediating impact of KMPs.


2021 ◽  
Vol 2021 ◽  
pp. 1-15
Author(s):  
Yan Xu ◽  
Jianqiang Fan ◽  
Haicheng Xu

Although China’s toll highways are world-renowned, they suffer from indisputable operational inefficiencies. Operationally, China’s toll highway sector is characterized by an administrative monopoly. In particular, governmental loan-repayment highways have such characteristics as franchising, monopoly, and “one highway by one company.” Hence, this study concentrates on the relationship between economic performance, administrative monopoly, and scale efficiency with respect to toll highways, and explores how the China-specific administrative monopoly affects the transformation of toll highways from scale to efficiency. Using the globally referenced data envelopment analysis- (DEA-) Malmquist Index, this study first measures the operational efficiency of China’s toll highway sector from 2010 to 2017. Based on provincial panel data, this paper then discusses the relationship between toll highway scale and economic performance through system-generalized method of moments estimation and verifies the status quo of the transformation of toll highways from scale to efficiency. From the provincial and industrial perspectives, this study further verifies how an administrative monopoly restricts the transformation from scale to total factor productivity and scale efficiency through the unique operation pattern in the toll highway sector. Finally, this study conducts an extended analysis of the relationship between operational efficiency and debt in the toll highway sector. The administrative monopoly is found to increase the debt burden of the toll highway sector and to have a negative impact on the long-term sustainability of the sector.


Author(s):  
Widad Fahd Al-mudif

This study measures risk and efficiency in selected sample of Islamic banks in Kuwait using financial ratio analysis during the period (2010-2014) in order to find relationship between risk and operation efficiency in the mentioned sample. We used three stages of analysis in this paper, first phase included the measurement of the efficiency of these banks through the financial ratios related to operational efficiency analysis, while the second phase involves the analysis of credit risk ratios, liquidity and operational risk, and in the third stage I studied the relationship between these risks and its impact on the financial and operational efficiency. It has been introduced analytical tables showing the relationship between efficiency and risk of four Islamic banks in Kuwait. The overall results of this paper was that the operational efficiency of these banks are affected directly proportional to credit risk, and inversely to liquidity risk, while there is no clear relationship between operational efficiency and operational risk


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