This study investigated the application and the application value of intelligent emergency in emergency management in the big data environment.It addresses the neglect of the application value(performance)measurement ...This study investigated the application and the application value of intelligent emergency in emergency management in the big data environment.It addresses the neglect of the application value(performance)measurement of intelligent emergency,further improving the effectiveness of intelligent emergency management.First,approximately 3,900 documents from the intelligent emergency field are analyzed to determine the future research trend in intelligent emergency management.The socio-technical theory concerning technical and social systems is introduced.The emergency management system concepts of“technology enabling”and“enabling value creation”are defined according to bibliometric analysis and socio-technical theory.Second,a research framework that includes technology enabling and enabling value creation for the decision-making paradigm in emergency management according to the big data environment is constructed.A detailed analysis approach from intelligent emergency technology enabling to enabling value creation in emergency management is proposed.Finally,earthquake disasters are taken as examples,and specific analyses of the intelligent emergency enabling and enabling value creation are explored;enabling value creation is discussed based on measurable indicators.The clear concept of emergency management system technology enabling and enabling value creation,as well as the detailed analysis approach from intelligent emergency technology enabling to enabling value creation,provide a theoretical bases for scholars and practitioners to evaluate the value(performance)of intelligent emergency for the first time.展开更多
This paper grasps the research theme of artificial intelligence(AI)and human intelligence(HI)synergy to create value,and analyzes the development status of AI and HI in the current context of digital intelligence,as w...This paper grasps the research theme of artificial intelligence(AI)and human intelligence(HI)synergy to create value,and analyzes the development status of AI and HI in the current context of digital intelligence,as well as the significance of their synergy to empower value creation.At the same time,the theory of resource arrangement is introduced,and the connotation and composition of the theory are summarized,as well as the development in the field of research and application.This paper focuses on revealing the intrinsic relationship between resource orchestration theory and AI and HI collaborative work,aiming to fully explore the potential of resource orchestration theory in the collaborative innovation of AI and HI,and put forward practical suggestions based on this.展开更多
Innovation is managed through the development of processes and routines, considered as critical for business success and value creation. The identification of relevant routines as well as the understanding of which fa...Innovation is managed through the development of processes and routines, considered as critical for business success and value creation. The identification of relevant routines as well as the understanding of which factors affect business innovation is the main objective of this research, based on a survey applied in Portuguese companies and their experience shared in best practices guides. Conclusions highlighted 10 key innovation routines, reinforcing the idea that innovation must be supported through a systematic and sustained management process. Results also indicate that SMEs face greater difficulties in benefiting from the potential of innovation practices and collaboration may present opportunities to overcome their limited resources. Therefore, regardless of size, business activity, science and technology intensity or other factors influencing firms dynamic capabilities, innovation should be considered as a management imperative as it can influence not only the present but also the future of business success.展开更多
This study investigates the learning curve of commercial banks regarding the efficiency of credit and value creation.However,current empirical methods for accessing the learning curve in organizations are not suitable...This study investigates the learning curve of commercial banks regarding the efficiency of credit and value creation.However,current empirical methods for accessing the learning curve in organizations are not suitable for use in financial institutions.Considering bank-specific characteristics,we introduce a dynamic learning curve using a cost function adjusted to capture learning-by-doing in banks.Using the model,we test several hypotheses on the impact of bank intermediary experience(learning)on the efficiency of credit and value creation in Japanese commercial banks.The findings show that bank intermediary learning significantly improves the cost efficiency gain in the gross value created,total credit created,and investment.However,bank intermediary experience has no significant effect on the efficiency of the economic value created for all the banks analyzed.These findings have practical implications for evaluating cost dynamics in bank credit and value creation,risk management,lending to the real sector,and shareholder value creation.展开更多
The finn value is the fundamental topic of corporate finance. The value creation is the aim of economic initiatives, strategies, corporate policies, and all business activities, including banking. It depends, among ot...The finn value is the fundamental topic of corporate finance. The value creation is the aim of economic initiatives, strategies, corporate policies, and all business activities, including banking. It depends, among other things, on size, legal form, and business model. Therefore, this paper wants to demonstrate and explain the differences about the value created in the Italian banking sector, where there is much diversity regarding size, legal form, and business model. This paper estimated and compared the value of Italian listed companies from 2010 to 2012 and found the result： Banks create more value if they are big and operate in investment banking. Furthermore, it proved that legal form hasn＇t influenced performance and value of banks.展开更多
This work, through an empirical research （Jayaram, Kannan and Tan model）, aims at analysing, at the same time, the effect of ＂structural mechanisms＂ and ＂relationships building＂ factors on the value creation pro...This work, through an empirical research （Jayaram, Kannan and Tan model）, aims at analysing, at the same time, the effect of ＂structural mechanisms＂ and ＂relationships building＂ factors on the value creation process in the Supply Chain. The two factors have been chosen among others, as they have been considered able to improve the internal and external processes of the firm and the Supply Chain, and in consequence, able to influence the value creation process of the Supply Chain Management. The research has been directed to the chemical and pharmaceutical sector of the Southern Lazio （Italy） and a factorial analysis, using the software SPSS （16.0） which has been performed in order to verify the influence of these factors in value creation process of the Supply Chain The outcomes confirm the positive contribute in the value creation process for companies that take care of the relationships among the stakeholders in the management process of the supply chain （the ＂relationships building＂ factor） and, in parallel with the analysis of the same process, the secondary role of the ＂structural mechanisms＂ factor has been highlighted.展开更多
As a part of the product development process, the after-sales services are not only a source of innovation, but also they benefit from value creation through new managerial methodologies for the achievement of competi...As a part of the product development process, the after-sales services are not only a source of innovation, but also they benefit from value creation through new managerial methodologies for the achievement of competitive advantage and customer satisfaction. The objective of the paper is to further understand value creation for the after-sales services. We present the case of the creation of a new business for the after-sales services for the entrance into a new market. The new business is created by two gurus in the aerospace industry. A typology of guidelines is derived, based on organizational and strategic perspectives, for the after-sales services value creation and the guidelines for the creation of a new business as well as for the entrance of into a new market are presented.展开更多
This study contributes a number of innovative and interesting empirical findings with a view of four audit committee characteristics to predict overall value creation efficiency and capital employed efficiency using v...This study contributes a number of innovative and interesting empirical findings with a view of four audit committee characteristics to predict overall value creation efficiency and capital employed efficiency using value added intellectual coefficient （VAICTM） method. Using purposive sampling, 34 property, real estate, and building construction firms listed on Indonesia Stock Exchange in 2011 were selected. Empirical findings could not provide a significant relationship between audit committee characteristics and the overall value creation efficiency as well as capital employed efficiency. This implies that currently, the number of members, number of meetings, number of independent commissioners, and accounting or finance expertise in audit committee cannot be expected as drivers of business value creation in Indonesian context, more specifically for property, real estate, and building construction industry. The overall lack of significant relationships may potentially result from limited human capacity, lack of financial expertise, and inadequate knowledge about the role of audit committee to add value to the business.展开更多
This paper introduces a new approach for measuring shareholder value creation （called adjusted economic profit （EP）） which combines the advantages of both EP and APV （adjusted present value） methods. In particul...This paper introduces a new approach for measuring shareholder value creation （called adjusted economic profit （EP）） which combines the advantages of both EP and APV （adjusted present value） methods. In particular, the shareholder value creation over a period is derived as the sum of two components： the EP relating purely to the operations of the company and the EP generated each period due to the tax benefit that arises from debt financing. We consider our results to be important for analysts and decision makers involved in appraising business performance or making investment decisions and HR professionals as well.展开更多
This work investigates the relationship between intellectual capital and value creation in the sector of production and assembly of vehicles and auto-parts in Brazil. Through the access of the database from the annual...This work investigates the relationship between intellectual capital and value creation in the sector of production and assembly of vehicles and auto-parts in Brazil. Through the access of the database from the annual industrial research conducted by the Brazilian Institute of Geography and Statistics, we gathered 865 observations, from 2000 to 2006, of public and private Brazilian companies with more than 100 employees. The database allows the estimate of relevant aggregated variables such as national accounts, gross domestic product, intermediate consumption, as well as propitiates a sectorial study of business strategies and performance, including value added by individual companies. In particular, in this study we use data on variables associated to intellectual capital. To achieve the goal of the study, we consider intellectual capital as defined by Pulic （2000, 2002）, including human capital and structural capital. For the analysis of business performance, we used Pulic＇s VAIC （Value Added Intellectual Cofficient） index as a measure of efficiency of the employed financial and intellectual capital. Regression models were run to verify the relationship among the efficiency in the use of intellectual capital and the profitability of Brazilian companies. The gross income, calculated as before selling, general and administrative expenses, depreciation expenses, amortization and interest expenses, was used as measure of the flows of value creation and the profitability was measured by the gross income to the total assets of the companies. Considering the constructs defined by Pulic （2000, 2002）, we tested, for the Brazilian sector of Production and Assembly of Vehicles and Auto-parts, the following hypotheses： （l） there is a positive relationship between value creation and intellectual capital, （2） there is a positive relationship between value creation and stock of intellectual capital, （3） there is a positive relationship between value creation and efficiency of the employed capital, （4） there is a positive relationship between value creation and efficiency of the human capital, （5） there is a positive relationship between value creation and efficiency of the structural capital. The results of the study, obtained through panel data analysis and through the use static and dynamic models, support the hypotheses that the intellectual capital of the companies, in its flow and stock dimensions, is positively and significantly related to value creation.展开更多
This paper explores the value creation of business process management （BPM） and managerial accounting system （MAS） using a case study. The findings show that BPM shortens the management chain and increases the con...This paper explores the value creation of business process management （BPM） and managerial accounting system （MAS） using a case study. The findings show that BPM shortens the management chain and increases the connections among functions in the organization by right reassignment. Accounting indicators in MAS provide necessary information about business processes, which assists performance evaluation in BPM, and meanwhile, incentive schemes give enough motives, which guide employees to take actions in accordance with the organizational strategies and processes＇ goals. The information effect and motive effect of MAS increase employees＇ work satisfaction and their cooperation with each other. In the end, the integration of BPM and MAS improves the organizational economic performance, thus creating value for the organization. The results explain the reason why so much BPM fails in practice, because right assignment, performance evaluation system, and incentive schemes constitute organizational architecture, which is critical to organizational value. Additionally, the value creation of BPM and MAS depends on their coordination with the external environment, the internal situation, and the organizational strategy. From the view of managerial accounting perspective, MAS not only changes with the organization development but also facilitates the organization development.展开更多
As per the current trend,the digital transformation and the elements and technologies associated with it are growing for the better defense of the company itself.As the IR reports are getting common among many in the ...As per the current trend,the digital transformation and the elements and technologies associated with it are growing for the better defense of the company itself.As the IR reports are getting common among many in the recent years,this research would be useful to identify the fairness of the company disclosures.For this purpose,this research has adopted a methodology of content analysis focusing on the telecommunication industries that are situated in the different parts of the globe to extract the depth of disclosures made by the sampled industries in the years 2020 and 2021 focusing only on the DT dimensions namely cybersecurity and blockchain.展开更多
In recent years, China's social and economic level has been significantly improved under the influence of various favorable factors, thus bringing many opportunities for the development of domestic enterprises. As...In recent years, China's social and economic level has been significantly improved under the influence of various favorable factors, thus bringing many opportunities for the development of domestic enterprises. As far as the current operation of many enterprises is concerned, the core purpose of organizing and carrying out various operation activities is to obtain a certain value. As the creation of value by enterprises will often have a direct impact on the future development of enterprises. Therefore, in order to ensure the stable and healthy development of the enterprise, it is also necessary to fully implement the operation management work, especially the establishment and implementation of the management accounting application system based on value creation. Only by establishing a good ideological understanding can the good implementation be achieved in practice, thus playing a basic auxiliary role in improving the management level of the enterprise. This article mainly focuses on the establishment of the management accounting application system and conducts a comprehensive and in-depth research and analysis, hoping to be helpful to the stable and healthy development of our society.展开更多
In this study,we are to explore(1)features of HR reengineering,(2)the impact of business digitalization strategies on digital transformation and HR engineering,(3)the impact of business digitalization strategies and H...In this study,we are to explore(1)features of HR reengineering,(2)the impact of business digitalization strategies on digital transformation and HR engineering,(3)the impact of business digitalization strategies and HR reengineering on talent value creation,and present the results of a qualitative study that offers insight into 42“thought units”,which were“categorizing”into four dimensions corresponding to our research questions:(1)plan,(2)do,(3)check,and(4)action.The“check”dimension corresponds to the four key features of HR reengineering related to business digitalization strategy,and how to create talent value when a company successfully implements business-led digital transformation,HR reengineering,and talent value creation,including(1)talent planning,(2)talent introduction,(3)talent adjustment,and(4)talent development.展开更多
I.INTRODUCTION As the world economy moves into the digital era,discussions regarding the digital tax are crucial.Fair taxation of digital businesses is now a worldwide concern that cuts across national boundaries.The ...I.INTRODUCTION As the world economy moves into the digital era,discussions regarding the digital tax are crucial.Fair taxation of digital businesses is now a worldwide concern that cuts across national boundaries.The central issue concerning the digital tax system is no longer whether internet businesses should pay taxes;rather,it is how to match tax laws with creative business models to guarantee efficient tax source regulation and equitable international tax base distribution.As a result,the digital economy tax-which the digital service tax(DST)represents-is an inevitable reality rather than just a fad.展开更多
In the rapidly evolving landscape of digital health,the integration of data analytics and Internet healthserviceshasbecome a pivotal area of exploration.To meet keen social needs,Prof.Shan Liu(Xi'an Jiaotong Unive...In the rapidly evolving landscape of digital health,the integration of data analytics and Internet healthserviceshasbecome a pivotal area of exploration.To meet keen social needs,Prof.Shan Liu(Xi'an Jiaotong University)and Prof.Xing Zhang(Wuhan Textile University)have published the timely book Datadriven Internet Health Platform Service Value Co-creation through China Science Press.The book focuses on the provision of medical and health services from doctors to patients through Internet health platforms,where the service value is co-created by three parties.展开更多
This study aims to resolve the difficult problem of manufacturers’service outsourcing strategy decision-making,with services divided into two types:hygienic and motivational.We build a value creation model for the ma...This study aims to resolve the difficult problem of manufacturers’service outsourcing strategy decision-making,with services divided into two types:hygienic and motivational.We build a value creation model for the manufacturer,service contractor,and customer under different outsourcing strategies,and we examine optimal outsourcing decision-making in various scenarios and its effect on the value creation of related entities.The results indicate that motivational services have a lower bound characterized by service utility.When the manufacturer derives services higher than this lower bound,it should operate its own motivational service and outsource the hygienic service to create greater value.When the manufacturer is limited by resources or capabilities and is required to outsource the motivational service,it can maintain value creation by setting an appropriate contract coefficient.The service contractor should undertake motivational services within the contract boundary negotiated by the manufacturer and conduct hygienic services outside the boundary.Theoretically,outsourcing both service types can maximize customer value,but this may not achieve the manufacturers’optimal value creation.展开更多
Value creation is a significant part of the sustainable building process.To understand the process of value creation,this paper identifies a number of important issues.First,the paper addresses the existence of and iden...Value creation is a significant part of the sustainable building process.To understand the process of value creation,this paper identifies a number of important issues.First,the paper addresses the existence of and identifies reasons for com-plexity in the process of value creation over a whole lifecycle(WLC).Then,a conceptual framework model is developed and adapted to the WLC in order to monitor building process stages and intervals.Next,the concepts and strategies lead-ing to WLC value maximization are addressed.Finally,a conceptual WLC value creation model is proposed that is based on sustainable building process stages and building asset stakeholders’benefits.The paper indicates how value cre-ated is an accumulation of values acquired through various operations over the building WLC.展开更多
Efficient working capital management(WCM)creates value for both management and shareholders by enhancing cash flows and reducing investment in receivables and inventory.It supports liquidity and minimizes financial di...Efficient working capital management(WCM)creates value for both management and shareholders by enhancing cash flows and reducing investment in receivables and inventory.It supports liquidity and minimizes financial distress risks,aligning with the goal of shareholder value maximization.However,traditional manual approaches to WCM are no longer sufficient due to the rapid and complex changes in economic and business environments.As a result,firms increasingly rely on artificial intelligence(AI)in WCM.AI offers advanced capabilities in prediction,monitoring,and problem-solving by processing vast data,identifying variable relationships,and adapting to change faster than human cognition.This paper explores the fundamentals of WCM and AI,their interconnections,and the strategic opportunities AI introduces to optimize WCM in modern enterprises.展开更多
The paper presents to managers＇ and scholars＇ reasons for using models to determine the strategic importance of innovation and its potential value creation. The model of value based innovation （VBI） provides a cle...The paper presents to managers＇ and scholars＇ reasons for using models to determine the strategic importance of innovation and its potential value creation. The model of value based innovation （VBI） provides a clear definition of the adequate value curve to be pursued in any innovation action, from strategic definition to operational product conceptualization and production. The VBI model has been applied in strategic planning in over 100 SMEs throughout Portugal and USA by the authors and other consultant companies. The VBI model provides the practitioners and scholars with a pragmatic tool to determine innovation＇s value creation. Connecting this information with strategic thinking and planning will reduce risk and avoid failure. The theoretical model when converted into a technological application provides an immediate insight into the most adequate strategic innovation to be chosen by top management and operational product developers. The paper demonstrates the relation between innovation and value creation.展开更多
基金the National Natural Science Foundation of China(Grant No.:71771061).
文摘This study investigated the application and the application value of intelligent emergency in emergency management in the big data environment.It addresses the neglect of the application value(performance)measurement of intelligent emergency,further improving the effectiveness of intelligent emergency management.First,approximately 3,900 documents from the intelligent emergency field are analyzed to determine the future research trend in intelligent emergency management.The socio-technical theory concerning technical and social systems is introduced.The emergency management system concepts of“technology enabling”and“enabling value creation”are defined according to bibliometric analysis and socio-technical theory.Second,a research framework that includes technology enabling and enabling value creation for the decision-making paradigm in emergency management according to the big data environment is constructed.A detailed analysis approach from intelligent emergency technology enabling to enabling value creation in emergency management is proposed.Finally,earthquake disasters are taken as examples,and specific analyses of the intelligent emergency enabling and enabling value creation are explored;enabling value creation is discussed based on measurable indicators.The clear concept of emergency management system technology enabling and enabling value creation,as well as the detailed analysis approach from intelligent emergency technology enabling to enabling value creation,provide a theoretical bases for scholars and practitioners to evaluate the value(performance)of intelligent emergency for the first time.
文摘This paper grasps the research theme of artificial intelligence(AI)and human intelligence(HI)synergy to create value,and analyzes the development status of AI and HI in the current context of digital intelligence,as well as the significance of their synergy to empower value creation.At the same time,the theory of resource arrangement is introduced,and the connotation and composition of the theory are summarized,as well as the development in the field of research and application.This paper focuses on revealing the intrinsic relationship between resource orchestration theory and AI and HI collaborative work,aiming to fully explore the potential of resource orchestration theory in the collaborative innovation of AI and HI,and put forward practical suggestions based on this.
文摘Innovation is managed through the development of processes and routines, considered as critical for business success and value creation. The identification of relevant routines as well as the understanding of which factors affect business innovation is the main objective of this research, based on a survey applied in Portuguese companies and their experience shared in best practices guides. Conclusions highlighted 10 key innovation routines, reinforcing the idea that innovation must be supported through a systematic and sustained management process. Results also indicate that SMEs face greater difficulties in benefiting from the potential of innovation practices and collaboration may present opportunities to overcome their limited resources. Therefore, regardless of size, business activity, science and technology intensity or other factors influencing firms dynamic capabilities, innovation should be considered as a management imperative as it can influence not only the present but also the future of business success.
基金supported by JSPS KAKENHI Grant Number 19J10715.
文摘This study investigates the learning curve of commercial banks regarding the efficiency of credit and value creation.However,current empirical methods for accessing the learning curve in organizations are not suitable for use in financial institutions.Considering bank-specific characteristics,we introduce a dynamic learning curve using a cost function adjusted to capture learning-by-doing in banks.Using the model,we test several hypotheses on the impact of bank intermediary experience(learning)on the efficiency of credit and value creation in Japanese commercial banks.The findings show that bank intermediary learning significantly improves the cost efficiency gain in the gross value created,total credit created,and investment.However,bank intermediary experience has no significant effect on the efficiency of the economic value created for all the banks analyzed.These findings have practical implications for evaluating cost dynamics in bank credit and value creation,risk management,lending to the real sector,and shareholder value creation.
文摘The finn value is the fundamental topic of corporate finance. The value creation is the aim of economic initiatives, strategies, corporate policies, and all business activities, including banking. It depends, among other things, on size, legal form, and business model. Therefore, this paper wants to demonstrate and explain the differences about the value created in the Italian banking sector, where there is much diversity regarding size, legal form, and business model. This paper estimated and compared the value of Italian listed companies from 2010 to 2012 and found the result： Banks create more value if they are big and operate in investment banking. Furthermore, it proved that legal form hasn＇t influenced performance and value of banks.
文摘This work, through an empirical research （Jayaram, Kannan and Tan model）, aims at analysing, at the same time, the effect of ＂structural mechanisms＂ and ＂relationships building＂ factors on the value creation process in the Supply Chain. The two factors have been chosen among others, as they have been considered able to improve the internal and external processes of the firm and the Supply Chain, and in consequence, able to influence the value creation process of the Supply Chain Management. The research has been directed to the chemical and pharmaceutical sector of the Southern Lazio （Italy） and a factorial analysis, using the software SPSS （16.0） which has been performed in order to verify the influence of these factors in value creation process of the Supply Chain The outcomes confirm the positive contribute in the value creation process for companies that take care of the relationships among the stakeholders in the management process of the supply chain （the ＂relationships building＂ factor） and, in parallel with the analysis of the same process, the secondary role of the ＂structural mechanisms＂ factor has been highlighted.
文摘As a part of the product development process, the after-sales services are not only a source of innovation, but also they benefit from value creation through new managerial methodologies for the achievement of competitive advantage and customer satisfaction. The objective of the paper is to further understand value creation for the after-sales services. We present the case of the creation of a new business for the after-sales services for the entrance into a new market. The new business is created by two gurus in the aerospace industry. A typology of guidelines is derived, based on organizational and strategic perspectives, for the after-sales services value creation and the guidelines for the creation of a new business as well as for the entrance of into a new market are presented.
文摘This study contributes a number of innovative and interesting empirical findings with a view of four audit committee characteristics to predict overall value creation efficiency and capital employed efficiency using value added intellectual coefficient （VAICTM） method. Using purposive sampling, 34 property, real estate, and building construction firms listed on Indonesia Stock Exchange in 2011 were selected. Empirical findings could not provide a significant relationship between audit committee characteristics and the overall value creation efficiency as well as capital employed efficiency. This implies that currently, the number of members, number of meetings, number of independent commissioners, and accounting or finance expertise in audit committee cannot be expected as drivers of business value creation in Indonesian context, more specifically for property, real estate, and building construction industry. The overall lack of significant relationships may potentially result from limited human capacity, lack of financial expertise, and inadequate knowledge about the role of audit committee to add value to the business.
文摘This paper introduces a new approach for measuring shareholder value creation （called adjusted economic profit （EP）） which combines the advantages of both EP and APV （adjusted present value） methods. In particular, the shareholder value creation over a period is derived as the sum of two components： the EP relating purely to the operations of the company and the EP generated each period due to the tax benefit that arises from debt financing. We consider our results to be important for analysts and decision makers involved in appraising business performance or making investment decisions and HR professionals as well.
文摘This work investigates the relationship between intellectual capital and value creation in the sector of production and assembly of vehicles and auto-parts in Brazil. Through the access of the database from the annual industrial research conducted by the Brazilian Institute of Geography and Statistics, we gathered 865 observations, from 2000 to 2006, of public and private Brazilian companies with more than 100 employees. The database allows the estimate of relevant aggregated variables such as national accounts, gross domestic product, intermediate consumption, as well as propitiates a sectorial study of business strategies and performance, including value added by individual companies. In particular, in this study we use data on variables associated to intellectual capital. To achieve the goal of the study, we consider intellectual capital as defined by Pulic （2000, 2002）, including human capital and structural capital. For the analysis of business performance, we used Pulic＇s VAIC （Value Added Intellectual Cofficient） index as a measure of efficiency of the employed financial and intellectual capital. Regression models were run to verify the relationship among the efficiency in the use of intellectual capital and the profitability of Brazilian companies. The gross income, calculated as before selling, general and administrative expenses, depreciation expenses, amortization and interest expenses, was used as measure of the flows of value creation and the profitability was measured by the gross income to the total assets of the companies. Considering the constructs defined by Pulic （2000, 2002）, we tested, for the Brazilian sector of Production and Assembly of Vehicles and Auto-parts, the following hypotheses： （l） there is a positive relationship between value creation and intellectual capital, （2） there is a positive relationship between value creation and stock of intellectual capital, （3） there is a positive relationship between value creation and efficiency of the employed capital, （4） there is a positive relationship between value creation and efficiency of the human capital, （5） there is a positive relationship between value creation and efficiency of the structural capital. The results of the study, obtained through panel data analysis and through the use static and dynamic models, support the hypotheses that the intellectual capital of the companies, in its flow and stock dimensions, is positively and significantly related to value creation.
文摘This paper explores the value creation of business process management （BPM） and managerial accounting system （MAS） using a case study. The findings show that BPM shortens the management chain and increases the connections among functions in the organization by right reassignment. Accounting indicators in MAS provide necessary information about business processes, which assists performance evaluation in BPM, and meanwhile, incentive schemes give enough motives, which guide employees to take actions in accordance with the organizational strategies and processes＇ goals. The information effect and motive effect of MAS increase employees＇ work satisfaction and their cooperation with each other. In the end, the integration of BPM and MAS improves the organizational economic performance, thus creating value for the organization. The results explain the reason why so much BPM fails in practice, because right assignment, performance evaluation system, and incentive schemes constitute organizational architecture, which is critical to organizational value. Additionally, the value creation of BPM and MAS depends on their coordination with the external environment, the internal situation, and the organizational strategy. From the view of managerial accounting perspective, MAS not only changes with the organization development but also facilitates the organization development.
文摘As per the current trend,the digital transformation and the elements and technologies associated with it are growing for the better defense of the company itself.As the IR reports are getting common among many in the recent years,this research would be useful to identify the fairness of the company disclosures.For this purpose,this research has adopted a methodology of content analysis focusing on the telecommunication industries that are situated in the different parts of the globe to extract the depth of disclosures made by the sampled industries in the years 2020 and 2021 focusing only on the DT dimensions namely cybersecurity and blockchain.
文摘In recent years, China's social and economic level has been significantly improved under the influence of various favorable factors, thus bringing many opportunities for the development of domestic enterprises. As far as the current operation of many enterprises is concerned, the core purpose of organizing and carrying out various operation activities is to obtain a certain value. As the creation of value by enterprises will often have a direct impact on the future development of enterprises. Therefore, in order to ensure the stable and healthy development of the enterprise, it is also necessary to fully implement the operation management work, especially the establishment and implementation of the management accounting application system based on value creation. Only by establishing a good ideological understanding can the good implementation be achieved in practice, thus playing a basic auxiliary role in improving the management level of the enterprise. This article mainly focuses on the establishment of the management accounting application system and conducts a comprehensive and in-depth research and analysis, hoping to be helpful to the stable and healthy development of our society.
文摘In this study,we are to explore(1)features of HR reengineering,(2)the impact of business digitalization strategies on digital transformation and HR engineering,(3)the impact of business digitalization strategies and HR reengineering on talent value creation,and present the results of a qualitative study that offers insight into 42“thought units”,which were“categorizing”into four dimensions corresponding to our research questions:(1)plan,(2)do,(3)check,and(4)action.The“check”dimension corresponds to the four key features of HR reengineering related to business digitalization strategy,and how to create talent value when a company successfully implements business-led digital transformation,HR reengineering,and talent value creation,including(1)talent planning,(2)talent introduction,(3)talent adjustment,and(4)talent development.
基金supported by the General Project of Philosophy and Social Science Research of Jiangsu Universities,entitled Research on Economic Law Guarantees of Common Prosperity from the Perspective of Distributive Function.
文摘I.INTRODUCTION As the world economy moves into the digital era,discussions regarding the digital tax are crucial.Fair taxation of digital businesses is now a worldwide concern that cuts across national boundaries.The central issue concerning the digital tax system is no longer whether internet businesses should pay taxes;rather,it is how to match tax laws with creative business models to guarantee efficient tax source regulation and equitable international tax base distribution.As a result,the digital economy tax-which the digital service tax(DST)represents-is an inevitable reality rather than just a fad.
文摘In the rapidly evolving landscape of digital health,the integration of data analytics and Internet healthserviceshasbecome a pivotal area of exploration.To meet keen social needs,Prof.Shan Liu(Xi'an Jiaotong University)and Prof.Xing Zhang(Wuhan Textile University)have published the timely book Datadriven Internet Health Platform Service Value Co-creation through China Science Press.The book focuses on the provision of medical and health services from doctors to patients through Internet health platforms,where the service value is co-created by three parties.
基金supported by the National Natural Science Foundation of China under Grant No.71772080.
文摘This study aims to resolve the difficult problem of manufacturers’service outsourcing strategy decision-making,with services divided into two types:hygienic and motivational.We build a value creation model for the manufacturer,service contractor,and customer under different outsourcing strategies,and we examine optimal outsourcing decision-making in various scenarios and its effect on the value creation of related entities.The results indicate that motivational services have a lower bound characterized by service utility.When the manufacturer derives services higher than this lower bound,it should operate its own motivational service and outsource the hygienic service to create greater value.When the manufacturer is limited by resources or capabilities and is required to outsource the motivational service,it can maintain value creation by setting an appropriate contract coefficient.The service contractor should undertake motivational services within the contract boundary negotiated by the manufacturer and conduct hygienic services outside the boundary.Theoretically,outsourcing both service types can maximize customer value,but this may not achieve the manufacturers’optimal value creation.
文摘Value creation is a significant part of the sustainable building process.To understand the process of value creation,this paper identifies a number of important issues.First,the paper addresses the existence of and identifies reasons for com-plexity in the process of value creation over a whole lifecycle(WLC).Then,a conceptual framework model is developed and adapted to the WLC in order to monitor building process stages and intervals.Next,the concepts and strategies lead-ing to WLC value maximization are addressed.Finally,a conceptual WLC value creation model is proposed that is based on sustainable building process stages and building asset stakeholders’benefits.The paper indicates how value cre-ated is an accumulation of values acquired through various operations over the building WLC.
文摘Efficient working capital management(WCM)creates value for both management and shareholders by enhancing cash flows and reducing investment in receivables and inventory.It supports liquidity and minimizes financial distress risks,aligning with the goal of shareholder value maximization.However,traditional manual approaches to WCM are no longer sufficient due to the rapid and complex changes in economic and business environments.As a result,firms increasingly rely on artificial intelligence(AI)in WCM.AI offers advanced capabilities in prediction,monitoring,and problem-solving by processing vast data,identifying variable relationships,and adapting to change faster than human cognition.This paper explores the fundamentals of WCM and AI,their interconnections,and the strategic opportunities AI introduces to optimize WCM in modern enterprises.
文摘The paper presents to managers＇ and scholars＇ reasons for using models to determine the strategic importance of innovation and its potential value creation. The model of value based innovation （VBI） provides a clear definition of the adequate value curve to be pursued in any innovation action, from strategic definition to operational product conceptualization and production. The VBI model has been applied in strategic planning in over 100 SMEs throughout Portugal and USA by the authors and other consultant companies. The VBI model provides the practitioners and scholars with a pragmatic tool to determine innovation＇s value creation. Connecting this information with strategic thinking and planning will reduce risk and avoid failure. The theoretical model when converted into a technological application provides an immediate insight into the most adequate strategic innovation to be chosen by top management and operational product developers. The paper demonstrates the relation between innovation and value creation.
