Value Co-Creation and Distribution: A Contingency View on the Effects of Financial Slack

2020 ◽  
Vol 2020 (1) ◽  
pp. 14788
Author(s):  
Yongcheng Fu ◽  
Nuno Gil ◽  
David Watling
Keyword(s):  
Financial Slack ◽  
Contingency View

scholarly journals “Hey everyone, look at me helping you!”: A contingency view of the relationship between exhibitionism and peer-oriented helping behaviors

2021 ◽  
pp. 031289622110095
Author(s):  
Dirk De Clercq ◽  
Renato Pereira
Keyword(s):  
Banking Sector ◽  
Helping Behavior ◽  
Jel Classification ◽  
Sufficient Information ◽  
Work Functioning ◽  
Informational Justice ◽  
Personal Resource ◽  
Contingency View ◽  
Organizational Procedures ◽  
The Relationship

This research investigates how an understudied personal resource (exhibitionism) might positively connect with peer-oriented helping behavior, as well as how this connection might be invigorated by four pertinent contextual resources: two resources that speak to beliefs about fair organizational treatment (informational justice and procedural justice) and two resources that capture how employees feel about their work functioning (job satisfaction and organizational commitment). Two-wave survey data collected among banking sector employees reveal that their desire to be the center of attention is associated with an enhanced propensity to extend help to other organizational peers, voluntarily. This process also is more likely when employees (1) believe that organizational authorities provide them with sufficient information, (2) perceive organizational procedures as fair, (3) feel happy with their current job situation, and (4) experience a strong emotional bond with their employer. JEL Classification: M50

Do Banks Provide Financial Slack?

2002 ◽  
Vol 57 (3) ◽  
pp. 1383-1419 ◽  
Author(s):  
Charles J. Hadlock ◽  
Christopher M. James
Keyword(s):  
Financial Slack

Value Creation and Value Claiming in Strategic Outsourcing Decisions: A Resource Contingency Perspective

2008 ◽  
Vol 35 (2) ◽  
pp. 420-444 ◽  
Author(s):  
Ernst Verwaal ◽  
Harry Commandeur ◽  
Willem Verbeke
Keyword(s):  
Value Creation ◽  
Theoretical Framework ◽  
Printing Industry ◽  
Strategic Decisions ◽  
Resource Value ◽  
Value Maximization ◽  
Strategic Outsourcing ◽  
Value Claiming ◽  
Contingency View ◽  
Outsourcing Decision

This study integrates the concepts of value creation and value claiming into a theoretical framework that emphasizes the dependence of resource value maximization on value-claiming motivations in outsourcing decisions. To test this theoretical framework, it develops refutable implications to explain the firm's outsourcing decision, and it uses data from 178 firms in the publishing and printing industry on outsourcing of application services. The results show that in outsourcing decisions, resource value and transaction costs are simultaneously considered and that outsourcing decisions are dependent on alignment between resource and transaction attributes. The findings support a resource contingency view that highlights value-claiming mechanisms as resource contingency in interorganizational strategic decisions.

scholarly journals The Concept of Slack and the Comprehensive Opportunity and Lost Opportunity Control Model

2019 ◽  
Vol 14 (8) ◽  
pp. 95
Author(s):  
Akira Nishimura
Keyword(s):  
Risk Management ◽  
Business Strategy ◽  
Control Model ◽  
Financial Resource ◽  
Enterprise Strategy ◽  
Manufacturing Companies ◽  
Financial Slack ◽  
Key Factor ◽  
Exploitation And Exploration ◽  
Lost Opportunity

Enterprise slack, defined as undistributed profit and earned surplus, is a key factor to consider when developing enterprise strategy based on opportunity and risk management. Slack also provides an unrestricted, but indispensable, financial resource for firms to carry out improvement and innovation, exploitation and exploration, and financial activities according to their strategy. In the comprehensive opportunity and lost opportunity control model previously developed by the author (Nishimura, 2015; 2016), slack fulfills its function effectively. Therefore, to make the model more practicable and functional, this paper will examine the substance and functions of slack more definitely by analyzing financial slack and its relationship with business strategy in five innovative manufacturing companies in Japan.

scholarly journals Application of Corporate Social Responsibility -- Taking Chinese Listed Companies in the COVID-19 as an Example

2021 ◽  
Author(s):  
Chih-Yi Hsiao ◽  
Hao-Wei Chen
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Financial Constraints ◽  
Listed Companies ◽  
Factors Affecting ◽  
Financial Slack ◽  
Revenue Growth ◽  
Chinese Listed Companies ◽  
Corporate Social

This study focuses on a sample of Chinese listed companies from 2019 to 2020 to explore the relationships among corporate social responsibility, financial constraints, and financial performance. In addition, we discuss five factors affecting financial constraints. We also analyze the types of enterprises that can improve their financial performance by implementing corporate social responsibility keeping in mind the factors that lead to a high degree of financial constraint. The results indicate that: 1. The degree of financial constraints has a negative and significant impact on financial performance; 2. There is a reverse relationship between the degree of financial constraints and the effectiveness of corporate social responsibility measures; 3. Enterprises with high financial constraints (due to lower financial slack and revenue growth rates) can significantly improve their financial performance through the implementation of effective corporate social responsibility programs. 4. Enterprises with high financial constraints, caused by financial slack and revenue growth rate, can significantly improve their financial performance by implementing corporate social responsibility programs.

Can Workplace Financial Counseling Help Lower-Income Workers Improve Credit Outcomes?

2021 ◽  
pp. JFCP-19-00081
Author(s):  
Mathieu R. Despard ◽  
Yingying Zeng ◽  
Sophia Fox-Dichter ◽  
Ellen Frank-Miller ◽  
Michal Grinstein-Weiss
Keyword(s):  
New York ◽  
New York City ◽  
York City ◽  
Lower Income ◽  
Counseling Program ◽  
Frontline Workers ◽  
Financial Slack ◽  
Financial Counseling ◽  
Promising Strategy ◽  
Credit Scores

Financial counseling has been found to be effective in improving consumers' credit outcomes and could be expanded through the workplace to reach lower-income workers who struggle with various financial challenges. We examine engagement and credit outcomes associated with a workplace financial counseling program offered to 2,849 frontline workers in New York City. Age and credit scores helped explain variation in types of engagement in services. Credit outcomes were modest on average, but greater among workers who received three or more counseling sessions, had low and no baseline credit scores, and reduced the number of delinquent and collections accounts on their credit reports. Workplace financial counseling is a promising strategy to proactively promote credit outcomes among frontline workers, though counselors should be flexible in offering services and help workers access affordable credit products available to those with subprime credit scores and increase financial slack to lessen dependence on credit.

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