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1 – 7 of 7Yingbo Xu, Wei Liu, Tong He and Sang-Bing Tsai
“Metaverse” has become a buzzword in the Chinese stock market. However, it remains unclear whether a firm's metaverse-related announcements will elicit positive stock market…
Abstract
Purpose
“Metaverse” has become a buzzword in the Chinese stock market. However, it remains unclear whether a firm's metaverse-related announcements will elicit positive stock market reactions. Whether and how stakeholder reactions are influenced by a firm's metaverse-related readiness also needs to be further explored. This study aims to discuss the aforementioned objective.
Design/methodology/approach
The authors derived a set of factors based on readiness theory and business ecosystem literature and extend them into the context of the metaverse. The authors used a sample of 642 Chinese listed firms in 2021 to investigate the hypotheses through the event study.
Findings
The study’s findings show that metaverse coverage induces a positive stock market reaction, but it is subject to three moderating effects. The authors introduce the novel concepts of IT readiness, ecosystem readiness and digital infrastructure readiness as the moderators. Stakeholders perceive metaverse announcements as overhyped, and stock prices do not fluctuate significantly after a metaverse announcement when the listed firms are not ready to embrace the metaverse.
Originality/value
This study is one of the first that introduces the event study method into the metaverse research, and it reveals that different levels of readiness influence stakeholders' evaluations and reactions to corporate metaverse coverage. This provides empirical evidence on metaverse development in China from the stock market's perspective.
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The purpose of this paper is to analyze the mechanism of the role of government subsidies on corporate environmental investment and explore how specific characteristics of firms…
Abstract
Purpose
The purpose of this paper is to analyze the mechanism of the role of government subsidies on corporate environmental investment and explore how specific characteristics of firms affect corporate environmental responsibility.
Design/methodology/approach
This paper examines the relationship between government subsidies and corporate environmental investment and models with a sample of 78,854 industries. The authors measure the corporate environmental investment by the natural logarithm of the volume of waste gas treatment facilities.
Findings
The results show the positive effect of government subsidies on corporate environmental investment. In addition, state ownership positively regulates the relationship between government and corporations, but the relationship between them is negatively regulated by the slack resources.
Practical implications
When people are increasingly concerned about corporate social and environmental responsibility, clarifying the link between government subsidies and corporate environmental investments can help policymakers formulate policies and allocate limited resources.
Originality/value
This study uses the resource-based view as a theoretical framework to reveal the mechanism of action between government subsidies and corporate environmental responsibility, enriching the previous literature that explores the issue based on the legitimacy perspective.
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Xusen Cheng, Jian Mou, Xiao-Liang Shen, Triparna de Vreede and Rainer Alt
Michael Arias, Rodrigo Saavedra, Maira R. Marques, Jorge Munoz-Gama and Marcos Sepúlveda
Human resource allocation is considered a relevant problem in business process management (BPM). The successful allocation of available resources for the execution of process…
Abstract
Purpose
Human resource allocation is considered a relevant problem in business process management (BPM). The successful allocation of available resources for the execution of process activities can impact on process performance, reduce costs and obtain a better productivity of the resources. In particular, process mining is an emerging discipline that allows improvement of the resource allocation based on the analysis of historical data. The purpose of this paper is to provide a broad review of primary studies published in the research area of human resource allocation in BPM and process mining.
Design/methodology/approach
A systematic mapping study (SMS) was conducted in order to classify the proposed approaches to allocate human resources. A total of 2,370 studies published between January 2005 and July 2016 were identified. Through a selection protocol, a group of 95 studies were selected.
Findings
Human resource allocation is an emerging research area that has been evolving over time, generating new proposals that are increasingly applied to real case studies. The majority of proposed approaches relate to the period 2011-2016. Journals and conference proceedings are the most common venues. Validation research and evaluation research are the most common research types. There are two main evaluation methods: simulation and case studies.
Originality/value
This study aims to provide an initial assessment of the state of the art in the research area of human resource allocation in BPM and process mining. To the best of the authors’ knowledge, this is the first research that has been conducted to date that generates a SMS in this research area.
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Xinnan Liu, Jiani Meng, Jiayi Wang and Yingbo Ji
This study adopts the perspective of dynamic capabilities to investigate influencing factors and proposes improvement strategies of supply chain resilience of prefabricated…
Abstract
Purpose
This study adopts the perspective of dynamic capabilities to investigate influencing factors and proposes improvement strategies of supply chain resilience of prefabricated construction.
Design/methodology/approach
The structural equation model (SEM) is used to identify and verify the relationship between factors influencing supply chain resilience of prefabricated construction from the perspective of dynamic capabilities. The system dynamics (SD) model is constructed to dynamically simulate the specific effects of different influencing factors.
Findings
Results indicate that: (1) An evaluation index system for supply chain resilience of prefabricated construction containing five first-level indicators and 36 second-level indicators is constructed; (2) Ability to anticipate, ability to respond, ability to adapt, ability to recover and ability to learn are positively correlated with the supply chain resilience of prefabricated construction and (3) ANT3 (information system), RES1 (quick response), ADA3 (buffer stock) and LEA4 (trust) are the most leading factors influencing supply chain resilience of prefabricated construction over time.
Originality/value
This study fulfills the need for an in-depth exploration of the various influencing factors on supply chain resilience of prefabricated construction from the perspective of dynamic capabilities. Furthermore, this study provides improvement strategies to enhance supply chain resilience of prefabricated construction in China.
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Peter Sutterby, Xiangming Wang, Hong Xian Li and Yingbo Ji
Effective maintenance of construction supply chains is paramount to business continuity during the pandemic. Focusing on a large private Australian construction company, this…
Abstract
Purpose
Effective maintenance of construction supply chains is paramount to business continuity during the pandemic. Focusing on a large private Australian construction company, this research aims to investigate to what extent the current pandemic has affected the daily operations of this company. This research touches on the broader effect on the industry, while it narrows the focus on how effective construction supply chain management can minimise a pandemic's negative impact on a company. The critical question will be how private contractors that primarily rely on social infrastructure projects can fortify their supply chains and general operations during the global pandemic.
Design/methodology/approach
A mixed qualitative and quantitative approach is employed in this research. Based on literature review and question design, data is collected through interviews with various stakeholders. Moreover, operation data is also collected from the case company to support the results and findings.
Findings
The respondents have generally agreed that the case company has effectively managed its supply chains to this point of the pandemic through the implementation of supply chain monitoring processes and maintaining stable relationships with stakeholders. This is supported by the operation data of the case company.
Originality/value
This is timely-conducted research, and it is original research with invaluable operation data. This case study is conducted during a pandemic and provides lessons learned for global supply chain management in the post-pandemic period.
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