Does corporate ownership enforce sustainable development? An empirical study on Korean companies.

This study examined Korean companies on whether ownership affects corporate social responsibility performance (CSP) to influence on the corporate financial performance (CFP). According to the results, ownership has causational relationship with financial performance of firms varies upon proxy of CFP. Ownership and CFP demonstrates reverse-U type with ROA but U-type with market to book ratio (MB ratio). Second, ownership and CSP does not prove to have any causality. Partly, ownership shows negative effects on corporate governance. Finally, CSP does not affect profit (ROA) but improve the market value. For the moment, CSP is not an active factor to find out that high proportion of the companies in the sample during the research period were credited low CSP. Most of the companies with high credits on CSP are efficient and stable profit earning companies which leave room to consider the slack-resource theory.

Exploring the effects of slack resources and internationalisation on innovation performance: a study of software development MNCs

<p>Intensive international business research has already been done on knowledge, networking and strategic orientation, with regard to what shapes innovation performance. Looking at the existing achievements, however, it appears that little attention has been devoted to how tangible resources and internationalisation could change firms' innovation performance. To address these research gaps, this thesis intends to incorporate the slack resource theory and multinationality construct into the international business (IB) research of innovation. Through introducing the former, the study seeks to illustrate how slack, yet tangible, resources could change firms' innovation behaviours, decision-making and performance. Through introducing the latter, the study seeks to present how internationalisation could contribute to firms' innovation performance in three conceivable ways. By combining these two theoretical constructs, the study forms a conceptual model and four separate research hypotheses. The hypotheses were tested using the financial data collected from 67 internationalised software development firms. The results showed slack resources and internationalisation to be two highly influential factors that shape firm' innovation performance. In particular, a linear and positive relationship was found between slack resource, high- and low-discretion, and innovation performance. Furthermore, firms' degree of internationalisation (DOI) was found to bear a positive relationship to innovation performance. Lastly, firms' DOI was found to interact positively with high-discretion slack resources in shaping innovation performance. Potential implications of this study could enrich the IB research of innovation, extend the slack resource research of innovation and enrich the multinationality studies of innovation.</p>

Exploring the effects of slack resources and internationalisation on innovation performance: a study of software development MNCs

<p>Intensive international business research has already been done on knowledge, networking and strategic orientation, with regard to what shapes innovation performance. Looking at the existing achievements, however, it appears that little attention has been devoted to how tangible resources and internationalisation could change firms' innovation performance. To address these research gaps, this thesis intends to incorporate the slack resource theory and multinationality construct into the international business (IB) research of innovation. Through introducing the former, the study seeks to illustrate how slack, yet tangible, resources could change firms' innovation behaviours, decision-making and performance. Through introducing the latter, the study seeks to present how internationalisation could contribute to firms' innovation performance in three conceivable ways. By combining these two theoretical constructs, the study forms a conceptual model and four separate research hypotheses. The hypotheses were tested using the financial data collected from 67 internationalised software development firms. The results showed slack resources and internationalisation to be two highly influential factors that shape firm' innovation performance. In particular, a linear and positive relationship was found between slack resource, high- and low-discretion, and innovation performance. Furthermore, firms' degree of internationalisation (DOI) was found to bear a positive relationship to innovation performance. Lastly, firms' DOI was found to interact positively with high-discretion slack resources in shaping innovation performance. Potential implications of this study could enrich the IB research of innovation, extend the slack resource research of innovation and enrich the multinationality studies of innovation.</p>

Slacking off

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Strategic alliances are becoming a common practice between organizations in the global economy. They are seen as being able to improve performance and help keep organizations competitive. Bizzi (2017) argues that an integral aspect of forming a strategic alliance is the level of financial slack resource an organization has. The greater the financial headroom, the more likely an organization is to engage on a potentially risky alliance. In a global market place where resources and funding are becoming increasingly scarce, organizations that can have largely unallocated resources can be seen as ideal partners. And the key resource in today’s economy for alliances is finance. Practical Implications The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.