bluuebunny/crossref_metadata_2025_split huggingface dataset:
The voluntary disclosure of internet financial reporting (IFR) in an emerging economy: a case of digital Bangladesh
Authors: Nurunnabi Mohammad , Alam Hossain Monirul 
Published: January 2012

PurposeThe present study seeks to paint the current state of voluntary disclosure of internet financial reporting (IFR) in Bangladesh as an example of an emerging economy and to investigate empirically some company characteristics as determinants of such practice.Design/methodology/approachUsing a sample of 83 listed companies in Bangladesh in the year 2009 and the disclosure index of Deller et al., Marston, Xiao et al. and Marston and Polei and comments from the users and investors of Bangladesh, the study employs statistical analysis to investigate the association between a number of company characteristics and the extent of voluntary disclosure of IFR.FindingsThe findings revealed that only 29.12 percent (83) companies had web sites out of the 285 listed companies and only 33.34 percent (28) companies' provided financial information. Out of seven variables, only big audit firms and non‐family ownership variables were significantly associated with the levels of voluntary disclosure. Another important result revealed that despite the mandatory requirements of having audit committee in Bangladesh, the companies without the audit committee were disclosing voluntary information more and it raised the question on the lack of regulatory enforcement in Bangladesh.Research limitations/implicationsThe scope of this study is limited to a single country; it would be interesting to replicate this study to a group of emerging countries which have many similarities to the Bangladesh environment.Originality/valueTo the best of the authors' knowledge, no studies have been conducted on IFR in a South Asian emerging country, in particular Bangladesh. The study also is the first of its kind to examine the whole population of a period in any country which enhances contribution to IFR literature. Unlike the prior studies conducted in emerging countries, the study contributes not only to the present state of IFR by the listed companies in Bangladesh but also the connectivity problem between the dream and reality of the digital Bangladesh concept. The study also finds that the companies' IFR practices are not influenced by “Digital Bangladesh” concept.
Mediating effects of funding strategies and profit maximization: Indian non‐banking finance sector
Authors: Thiyagarajan G. , Arulraj A. 
Published: January 2012

PurposeThe mobilization of funds was severely affected with the linking of their funds mobilization to their internal owned funds. Therefore, the purpose of the study is to identify the mediating effects of funds with profitability and to focus on the funding strategy to maximize profits in the non‐banking financial sector in India.Design/methodology/approachThe paper discusses various approaches to maximize profits. The study also examines trends in sources of funds using key financial variables. A formative model to capture the mediating effects of funds with profitability is tested using structural equation modeling (SEM) technique. The paper includes various financial variables including external and internal funds. These variables' relationship with the core operating profit is tested in a graphical structural equation environment using package software.FindingsMediating effects of borrowings with profitability are established. The paper concludes that the gap in funds can be matched effectively through mobilization of funds of short duration. The study establishes that a combination of fund raising strategies such as flotation of debentures, bank borrowings and short term funding program can affect profits.Research limitations/implicationsThe study is confined to non‐bank finance companies in a particular state in India. The geographical and demographical differences may affect generalization. However, care has been taken to match the geographical and demographical characteristics of the country.Originality/valueThe findings of this paper are of immense value for industry managers, lenders and for financial forecasting within the sector. New entrepreneurs can use the findings in their funding plans.
Dividend policy in Indonesia: survey evidence from executives
Authors: Kent Baker H. , Powell Gary E. 
Published: January 2012

PurposeThis study aims to survey managers of dividend‐paying firms listed on the Indonesian Stock Exchange (IDX) to learn their views about the factors influencing dividend policy, dividend issues, and explanations for paying dividends. The study also aims to focus on Indonesia, the largest national economy in Southeast Asia, because relatively few studies examine why Indonesian firms pay dividends.Design/methodology/approachThe primary means of gathering data is a mail survey. The two‐page survey instrument consists of three main sections: 22 factors for determining a firm's dividend policy; six questions that provide background information about the respondents and their firms; and 27 statements about dividend policy in general. Of the 163 firms surveyed, 52 firms responded, resulting in a response rate of 31.9 per cent.FindingsThe evidence shows that managers view the most important determinants of dividends as the stability of earnings and the level of current and expected future earnings. They also believe that the effects of dividends on stock prices and needs of current shareholders are important determinants. The evidence shows that managers of Indonesian firms perceive that dividend policy affects firm value. Managers seem to agree that multiple theories including signaling, catering, and life cycle explanations help to explain why their firms pay dividends.Research limitations/implicationsThe study focuses on a limited number of factors and issues involving dividend policy. While non‐response bias could potentially limit making generalizations to the population of IDX firms, statistical tests show no significant differences between respondents and non‐respondents on various firm characteristics.Practical implicationsThe evidence suggests that no universal set of factors is likely to be applicable to all firms when setting dividend policy.Originality/valueThis study presents new evidence on the perceptions of managers of dividend‐paying IDX‐listed firms about the factors influencing dividend policy, dividend issues, and explanations for paying dividends.
An exploratory study of a risk neutral pricing model of accumulators
Authors: Kwong Thomas , Fok Daisy , Kwong Kern , Fok Lillian 
Published: January 2012

PurposeAccumulators are cutting‐edge stock derivative investments that have been the subject of much controversy in Hong Kong over the past year. Accumulators are exotic options composed of a full year of daily long up‐and‐out call options and short up‐and‐out put options. Because accumulators are so new, the understanding of accumulators is currently very limited. This paper attempts to characterize and understand the properties of this fairly unknown and new stock derivative investment.Design/methodology/approachThe study analyzed and characterized accumulators based on observations from past history of 11 stocks of the Hang Seng Index. Using historical stock data covering from January 3, 2006, and onward, the profit and loss for each accumulator contract was calculated.FindingsThrough the research it is understood that the profit and loss of accumulator contracts depends primarily on the following factors: knockout percentage, discount percentage, variability of the underlying stock, and the overall market trends, among other factors.Originality/valueThis pioneer simulation is an empirical exploratory post factum study that gives researchers and practitioners further insight how to formulate a risk neutral pricing model for accumulators in the future.
The futures of critical perspectives on international business
Authors: Roberts Joanne , Dörrenbächer Christoph 
Published: January 2012

PurposeThe purpose of this extended editorial is to elaborate on the possible future trajectories of critical perspectives on international business. In addition, the content of the current issue is introduced.Design/methodology/approachThis editorial reviews recent reflections on the field of international business to identify the concerns of mainstream scholars and to contrast these with those of central concern to critical scholars of international business. In the light of this, consideration is given to how critical perspectives on international business seeks to facilitate the development of academic debates that continue to question orthodox approaches to international business whilst also offering relevance for all stakeholders in international business activities from managers, shareholders and policy makers to workers, consumers and citizens, including future generations.FindingsTaking stock of recent reflections on the future of the field of international business is useful in determining possible topics for future contributions to critical perspectives on international business.Originality/valueThis is the first attempt to review reflections on the future of international business since the Global Financial crisis of 2008. As such it offers an assessment of the current thinking in the field and offers directions for the development of critical perspectives on international business.
Markets, organizations, institutions and national identity
Authors: Hartt Chris , Mills Albert J. , Helms Mills Jean , Durepos Gabrielle 
Published: January 2012

PurposeThrough a case study of Pan American World Airways (Pan Am), this paper sets out to explore the roots of twentieth century globalization and the postcolonial nature of the trading relations involved.Design/methodology/approachDrawing on Foucault's broad notion of “the archive” a critical hermeneutics approach is used to examine a series of company‐produced texts, including minutes, travelogues, company narratives, annual reports, film, diaries, and published histories.FindingsThe paper argues that Pan Am contributed to the “idea of Latin America” and, in the process contributed to practices of dependency that served the interests of the USA. Drawing on a case study of Pan Am, the paper further argues that multi‐national corporations help to establish the contours of international trade by influencing the very character and boundaries of the territories traded in, with troubling implications for the countries traded in.Research limitations/implicationsAs a detailed case study extension of the findings to other global trading arrangements needs to take into account to social‐political context and relational histories of the players involved.Practical implicationsThe paper generates insights into the role of rhetoric in developing trading relationships and its roots in embedded notions of postcolonial thinking and generalizations.Originality/valueThe paper contributes to an understanding of the role of language and the social construction of national identities involved in the development of international business.
Americanizing Brazilian management
Authors: Alcadipani Rafael , Caldas Miguel P. 
Published: January 2012

PurposeThis paper aims to discuss, from a post‐colonial perspective, the context and process of the Americanization of Brazilian management.Design/methodology/approachThe paper first briefly discusses post‐colonialism and “Latin‐America”. After this, it analyzes the content of US management and its prevalence in the world. The paper then presents the process of the intentional Americanization of Brazil, in order to contextualize this process in management. It follows an essayist style.FindingsThe paper argues that the Americanization of Brazilian management is an intentional process that resembles colonialism.Originality/valueThe paper's contribution is to analyze the establishment and growth of what is one of the largest management academies in the world, showing how it was created under colonial logics. This case may also suggest how these logics have a wider influence on how management knowledge is produced and reproduced in developing economies.
Stimulating competition in the liberalized railway freight market
Authors: Laisi Milla , Mäkitalo Miika , Hilmola Olli‐Pekka 
Published: January 2012

PurposeThe purpose of this paper is to understand the main market entry barriers confronted by the new operators in liberalized railway freight market (Poland and Sweden), as well as to analyze the inaugurating market of Finland.Design/methodology/approachSwedish and Polish markets were scrutinized utilizing qualitative case study, implemented through semi‐structured theme interviews. Among primary observations, numerous second‐hand sources were used to gain triangulation. Research was conducted during early 2009. The Finnish material was collected with Delphi technique‐based questionnaires in 2005.FindingsThe main findings support previous studies arguing that the main barriers to entry are rolling stock acquisition, needed investments and bureaucracy. In Sweden, companies were start‐ups established on the grounds of the incumbent. The Polish market obtained new operators via vertical integration with a significant competitive presence of a governmental operator. Inaugurating Finnish market is identified as a combination of these two. Therefore, it is easier to understand why new entrants are not operating in the Finnish market.Originality/valueThe research contributes novel, first‐hand data to the subject, which earlier have been studied mostly via second‐hand data and literature analyses.
Contagion of financial crises: what does the empirical evidence show?
Authors: Paas Tiiu , Kuusk Andres 
Published: January 2012

PurposeThe purpose of this paper is to give an overview of variability of empirical results of several financial contagion studies, taking into account the role of financial markets, data sets and the applied definitions and methods that may explain the variability of empirical evidence.Design/methodology/approachThe authors used qualitative analysis of published research materials about previous financial crises and analyzed the variability of empirical results of around 75 studies of financial contagion, taking into account the particularities of financial markets, data sets and tests methods.FindingsThe results of the analysis show that empirical studies provide heterogeneous results depending on applied definitions and methods, as well as chosen crises, destination countries and financial indices. Summing up all the relevant empirical findings the results supporting the contagion hypothesis are in clear dominance, but taking into account differences in definitions and testing methodologies the research did not reveal clear results as to which evidence dominates or should dominate.Research limitations/implicationsThe authors conclude that solely qualitative analysis of published research materials about previous financial crises does not give sufficient information to elaborate proper management measures to prevent serious consequences of financial crises. The authors propose that it is possible to obtain a more adequate picture of financial contagion by using a meta‐analysis, which the authors are planning to do in future studies.Practical implicationsThe paper provides information about some reasons that explain the variability of the results that are presented in the empirical studies about financial contagion. This information can be used for elaborating policy proposals and regulations that can help alleviate possible negative consequences of financial contagion. The paper shows the way for future articles summarising financial contagion.Originality/valueThe study sums up previous findings on the field of financial contagion and shows the insufficiency of the traditional literature review to accomplish that task.
The contribution of corporate social responsibility to internal employee motivation
Authors: Skudiene Vida , Auruskeviciene Vilte 
Published: January 2012

PurposeThe purpose of this paper is to examine the impact of corporate social responsibility (CSR) on internal employee motivation.Design/methodology/approachA survey was conducted among 274 employees from medium and large enterprises engaged in CSR activities in Lithuania. The research hypotheses were tested using correlation and regression analysis using factor scores from a principal component factor analysis.FindingsThe findings suggest that internal and external CSR activities positively correlate with internal employee motivation. Internal CSR was found to be stronger related to internal employee motivation than all the external CSR dimensions. Regarding the external CSR, customer‐related activities indicated stronger correlation with internal employee motivation than local communities and business partners related CSR activities. The weakest relation was found between internal employee motivation and business partners related CSR activities.Research limitations/implicationsThis study is limited to one country under investigation, therefore further research needs to be extended to other countries. The survey is conducted in the period of economical recession. In order to assess the generality of the findings, it is suggested to repeat the research in a stable economy situation.Practical implicationsExecutives could use the results of the research to resolve practical dilemmas by giving priority to the areas of CSR which facilitate employee internal motivation enhancement.Originality/valueBy revealing the importance of CSR activities to employee internal motivation enhancement, this study contributes to the CSR investigation arena.
How can we improve the effective engagement of doctors in clinical leadership?
Authors: Greening Jayne 
Published: January 2012

PurposeThis article aims to review some of the literature relating to the concept of effective engagement of doctors with health service redesign and delivery and discuss the relevance in light of recent developments from the Academy of Medical Royal Colleges.Design/methodology/approachThis article is a literature overview and personal reflection. It contains elements of personal reflection on the recent historical policy changes that have the potential to lead to frontline changes in the development of managerial training for doctors and how this could benefit healthcare systemsFindingsFor services to be effective doctors need to be engaged in their design. Historically the engagement of doctors in this process has been haphazard and often taken on by doctors who have been provided with little management training. This has led to internal and external conflict and possibly been a contributing factor to lack of clinical engagement. The recent suggestions by the Academy of Medical Royal Colleges and NHS Institute for Innovation and Improvement around mandatory management training for doctors throughout all stages of their training as doctors has the potential to improve effective clinical engagement of doctors in service redesign and delivery and therefore their potential for success.Originality/valueThis paper has been written by a consultant psychiatrist who is involved with frontline delivery of services, medical management and training of doctors and medical students.
Complex adaptive systems for management of integrated care
Authors: Edgren Lars , Barnard Keith 
Published: January 2012

PurposeThe purpose of this paper is to examine how a complex adaptive systems (CAS) approach can be used to promote the integration of health and social care for the benefit of the user.Design/methodology/approachThis paper is a research review and a conceptual analysis of key issues identified in the growing literature on CAS. An application of the CAS approach to the field of integrated care is presented. The paper identifies crucial issues, notably: bringing together different providers and the place of the user as a co‐producer of care.FindingsThe benefits of the CAS approach to integrated care are distilled. Above all CAS provides managers of health and social care with an alternative mindset. Guiding principles are offered to these managers to facilitate development towards a more integrated system of health and social care. The possibility to benefit from the user's own resources is increased when organizations are viewed from a CAS perspective. CAS promotes emergent ways of working.Practical implicationsThe CAS approach makes possible a significant improvement in relationships between providers and users and managers and providers; a possibility of more productive relationships and better care outcomes, not least in terms of user satisfaction.Originality/valueThe paper shows that CAS literature applied to the health and social care field points the way for managers to rethink the functioning of the field, specifically to go beyond the present dominant but outdated machine model to one which encourages the cooperation of providers and users for better outcomes.
The development of a comprehensive community health center in a rural community
Authors: Peltzer Jill N. , Teel Cynthia S. 
Published: January 2012

PurposeThis paper seeks to identify strategies that promote the development and sustainability of a successful comprehensive community health center located in a rural Mid‐western state.Design/methodology/approachThe authors used a qualitative case study methodology, using a purposive sample of 15 employees and board members of a rural community health center. Semi‐structured interviews were conducted, transcribed, and analyzed for common themes and sub‐themes that would describe the strategies used to develop and sustain the successful center.FindingsLeading with Consideration was identified as the dominant theme in the interviews, field notes and archival data. Four sub‐themes: Living the Mission, Fostering Individual Growth, Building a Community, and Encouraging Innovation, emerged from the narratives. Leadership was the most important theme that emerged from the data, resulting in a workforce culture that upholds the mission of the center, leadership that seeks to inspire the growth of both employees and clients. As a result, there is a sense of community and innovative health care endeavours that have created a sustainable holistic health care model.Research limitations/implicationsThe themes that emerged from the narratives of the participants may not be transferable to other community health centers. The case selected for this study was located in a rural, primarily Caucasian setting, so the findings may not be transferable to urban or more racially diverse settings.Practical implicationsTransformational leadership may be an important concept for safety net clinics to promote a positive work environment that continually addresses the important mission of the organization, promotes retention of staff, and promotes staff to provide quality, continuity of care to clients to promote their health. Within current safety net organizations, the findings from this research may affirm leaders' servant leadership styles and how they positively impact their organization. Healthy work environments guided by transformational leaders promote retention of quality health care professionals, who in turn, provide quality care in medically underserved communities.Originality/valueThis study is one of the first qualitative studies to describe concepts that support the development of a successful, sustainable community health center.