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This study investigates the influence of leaders' adaptability to organizational culture on firm performance, specifically focusing on higher education service institutions in Jeddah, Kingdom of Saudi Arabia. The sample comprised 100 employees from private universities. Employing a questionnaire as the primary data collection tool, the study delves into key aspects such as leaders' comprehension of organizational culture, flexibility, adaptability, and their impact on job satisfaction, self-development, commitment, and team collaboration. Statistical analysis using the SPSS program revealed several noteworthy findings. Particularly, leaders' adaptability to organizational culture positively affects employees' job satisfaction. Leaders actively fostering a culture of adaptability create a conducive work environment, fostering continuous learning and employee development. Additionally, leaders' cultural adaptability contributes to higher levels of commitment and trust within the organization. Overall, leaders' adaptability significantly influences positive teamwork dynamics within the organization. [ABSTRACT FROM AUTHOR]

This study investigates the impact of big data analytics capabilities on firm performance, with a focus on the mediating role of customer agility. The research is based on the dynamic capabilities theory and utilizes data from 123 senior managers. The study finds that customer sensing and customer responding mediate the relationship between big data analytics capabilities and firm performance. The results indicate a significant indirect effect of big data analytics capabilities on firm performance through customer sensing and customer responding. The study contributes to the understanding of the mechanisms underlying the impact of big data analytics and customer agility on firm performance. [ABSTRACT FROM AUTHOR]

The article focuses on investigating the relationship between green marketing strategies and firm performance in the context of a developing country, specifically Ethiopia. It explores the mediating role of competitive advantage and the moderating role of competitive intensity in this relationship. The study contributes by revealing the mechanisms through which green marketing strategies can impact firm performance.

Our study investigates whether having directors with IT professional experiences on board impacts a firm's IT investment growth and financial performance. We gather data from BoardEx, Compustat, and Harte-Hanks databases for S&P 1500 firms between 2011 and 2017. We include a rich set of controls and fixed effects in the analysis. We also employ a novel strategy to adjust for the remaining selection on unobservables. Our analysis shows that firms with tech-savvy directors have higher investment growth in different categories of IT including software, hardware, communication, and services. We also find these firms experience better performance measured by Tobin's Q. The findings highlight the importance of board of directors in driving IT investment growth and firm performance. [ABSTRACT FROM AUTHOR]

Corporate social responsibility (CSR) has gained much attention in recent years, and its impact on corporate financial performance (CFP) is in constant debate. However, previous studies in this line of research have primarily focused on CSR performance evaluated by rating agencies rather than the disclosure of CSR reports. This paper adopts a text-mining approach to measure environmental and social disclosure and examine the effects of depth, breadth, and stakeholders of disclosure on firm performance. We retrieve the CSR reports of listed companies in Taiwan and their financial data from TEJ, the prevalent financial database in Taiwan between 2016 to 2020. Our preliminary findings show that the level of detail and coverage in CSR disclosure significantly affect a company's CFP. We expect our findings to help plan company's ESG disclosure so as to add value to its future activities and attract shareholders to increase their willingness to invest. [ABSTRACT FROM AUTHOR]

Companies have increasingly adopted environmental management systems (EMSs) in response to the need for improving their environmental sustainability and accountability. EMSs enable companies managing their environmental activities, supposedly leading to improved environmental performance and cost savings. However, research findings regarding the effectiveness of EMSs on key environmental and financial performance measures are inconclusive. To address this puzzle, we collected data from various sources to analyze the relationships between EMS certification, environmental performance, and financial performance for the STOXX 600 using panel data regression covering six years. With this comprehensive, large-scale approach, we account for largely neglected indirect effects and widespread validity issues of prior research, such as cross-sectional designs, perception-based performance measures, and small sample sizes. Our results show that EMS certification has a significant positive effect on environmental performance, particularly on emission reduction. We did not find a significant effect of EMS certification and environmental performance on financial performance. [ABSTRACT FROM AUTHOR]

Most studies of value creation from cloud computing have examined firms that are old in age and large in size. We theorize different value appropriation pathways from cloud computing dependent upon the age and size of a firm, such that there are different pathways for younger firms as compared to established firms, and smaller firms as compared to larger firms. We hypothesize that established firms gain more Business Performance from Enterprise Cloud Capability – a higher-order capability formed of three second-order cloud computing capabilities, through the mediation effect of Business Responsiveness, whereas younger firms gain more Business Performance directly from Enterprise Cloud Capability. We further hypothesize that smaller firms achieve higher Business Performance through the mediating effect of Business Scalability, whereas larger firms achieve more Business Performance directly from Enterprise Cloud Computing. Partial least squares analysis of matched pair survey data from 197 firms in India provides support for our theory. [ABSTRACT FROM AUTHOR]

A corporate social responsibility (CSR) report is an important tool for disseminating a company’s sustainability efforts. The informativeness of CSR reports in relation to key performance indicators (KPIs) of companies is not well studied. We define eight different attributes to characterize textual disclosure and identify six topic distributions across 1233 CSR reports submitted by 196 major US firms during 2005-2017. We analyze the association of these attributes and topics with firm performance and firm value using hierarchical Bayesian modeling. Our results show that while multiple topics and textual attributes are related to firm value, only word length is significantly linked to the performance of firms in general. Our study informs firms about best practices in sustainability reporting and notifies investors and regulators about present practices in CSR reporting. [ABSTRACT FROM AUTHOR]

A growing number of firms are developing open-source software (OSS) projects to get external contributions from developers unaffiliated with them. We investigate the impact of external contributions to a firm's OSS projects on its performance measured by Tobin's q and how the amount of comment activities within the firm's OSS projects moderates this effect. Using a panel of 536 publicly listed firms over 2011-2019, we find that external contributions to a firm's OSS projects have a positive impact on the Tobin's q value of the firm. Moreover, this performance effect is strengthened when there are more comment activities within the firm's OSS projects. Our study contributes to the literature and generates managerial implications for firms and OSS communities. [ABSTRACT FROM AUTHOR]

Research has successfully conceptualized digital innovation (DI) to cope with its abstract and complex nature. However, scholars are lacking an adequate measure to support empirical understanding. We establish a new text-based measure for DI by applying an unsupervised machine learning algorithm to 10-K reports of S&P 500 firms. For the first time, our measure captures both DI creation activities and DI outcomes. It correlates strongly with patent-based DI activities of firms that have digital patents and also robustly captures DI activities of firms that do not have digital patents. 326 out of 721 firms in our sample have zero digital patents between 1997 and 2019. We use our novel measure to provide evidence of the positive relationship between DI and firm performance across industries. Our study makes an important methodological contribution to DI literature by establishing a novel measure that captures all facets of DI in mature firms. [ABSTRACT FROM AUTHOR]

Firms are known to struggle to find the best recipe for achieving different forms of innovation, digital transformation, and superior performance based on their bundle of resources and strategies in the presence of various environmental factors that can pose new opportunities and threats. In this vein, although the dynamic capabilities (DC) framework can explain how firms address competitive advantage, especially in uncertain environments, it is still not clear how these capabilities are built. To fill this gap, we aim at investigating the antecedents of organizational dynamic capabilities and eventually presenting a big-picture framework that includes almost every internal and external factor that might play a role in the process of building organizational dynamic capabilities. By exploring the adoption of the affordance lens and considering the role of organizational strategic alignment, we lay the foundation for future research into the mechanisms and micro-foundations of dynamic capabilities. [ABSTRACT FROM AUTHOR]

Previous literature has shown that the adoption of cloud computing improves the firm performance. However, the path through which cloud computing creates firm performance is not adequately answered in the literature. Adopting the Resource-Based View (RBV), we propose that cloud computing adoption creates operational capability for the firm, which will drive superior firm performance. We will use a two-stage econometric model to test our chain hypothesis to understand better the impact of operational capability creation of cloud computing on the firm's performance. Moreover, we will investigate whether the presence of the Chief Information Officer (CIO) in the Top Management Team (TMT) moderates the operational capability of cloud computing. [ABSTRACT FROM AUTHOR]

This research investigates the connection between corporate governance and firm performance, corporate governance, and economic growth, the moderating effect of external governance on corporate governance and firm performance, and economic growth by using a sample of one hundred companies listed on the National Stock Exchange of India (NSEI), and one hundred companies listed on the London Stock Exchange (LSE) between 2011 and 2020. We construct three governance indices –the Internal Corporate Governance Index (ICGI) based on 100 elements of governance, and the External Governance index (X-GI) based on World Bank Institutional Quality measures. The study uses GMM Dynamic Panel Data to test the hypotheses. Results show that our newly constructed indexes (the ICGI and CCGI) have significant relationships with firm performance (ROE, Tobin’s Q,) and economic growth (growth in GDP) in both the UK and India. Findings also show that external governance negatively moderates the relationship between corporate governance and firm performance, and the relationship between corporate governance and economic growth for India. The case for the UK is different as external governance positively moderates the relationship between corporate governance and firm performance. However, no significant moderating effect is seen between corporate governance and economic growth. [ABSTRACT FROM AUTHOR]

Service climate constitutes a critical factor for logistics service provider (LSP) as a service company especially during COVID-19 pandemic in order developing its supply chain resilience and performance. Service climate refers to logistics service providers (LSP) employees' perceptions about how their companies appreciate them if they provided the excellent service for their customers. Supply chain resilience refers to capability of logistics service providers (LSP) in preventing disruptions and reducing the impact of disruptions in accordance with the extent of their readiness, quick response, and recovery. Whereas the performance relates to the logistics service providers' achievement in certain period in terms of operation cost, service level, service speed, and customer value. The study intends to investigate the mediation effect of supply chain resilience on the effect of service climate on firm (LSP) performance. The service climate is an exogenous variable, supply chain resilience is a mediating variable, and LSP-performance is an endogenous variable. This study used cross-sectional, survey, and quantitative methods. Purposive sampling used in this study with sample size consist of 48 respondents and questionnaires or g-form as tool for collecting data. SEM-PLS (Smart-PLS) was used in this study to process the data and examine the mediation effect and further analysis its implication and discussion. The results indicated that supply chain resilience partially mediate the effect of service climate on LSP-performance. [ABSTRACT FROM AUTHOR]

The company performance can also reflect the quality of products and or services provided by the company's customers. Several previous studies have found several strategies that are widely used and considered effective in encouraging company performance to be able to compete with companies that have been around for a long time. However, different from various previous studies, this study tries to relate not only one or two but the various variables previously mentioned, such as firm performance, marketing performance, innovation, network capability, and customer relationship. Therefore, this research aims to determine factors that can affect firm performance. This research is conducted with a quantitative approach with the subject being the service users of newcomer IT manufactures companies as many as 75 companies with 200 respondents. The analysis technique uses a Structural Equation Model (SEM) approach with smart PLS. The results in this study indicate that digital innovation, network capability, and marketing performance affect firm performance but customer relationship management does not. In addition, innovation and customer relationship management affect marketing performance but network capability does not. Other than that, marketing performance can moderate digital innovation and firm performance, customer relationship management and firm performance but cannot on network capability and firm performance. It means that digital innovation, network capability, and marketing performance need maintaining in order to increase the firm performance. Therefore, any company needs to determine the significant factors to reach the advantages. In addition, because this research only focuses on several factors such as digital innovation, network capability, marketing performance, and customer relationship, other research that involves several factors that can increase firm performance needs to be conducted. [ABSTRACT FROM AUTHOR]

The question of whether or not gender diversity between board members can contribute to increase company performance is one of the key lines of research in the field of diversity within the top management. This study provides a critical theoretical justification for businesses. Research into the relationship between ESG reporting and firm performance has produced inconclusive results. The purpose of this research is to give a more complete and accurate analysis of the effect of ESG reporting on firm performance. This study also investigated how gender diversity between board members can help to moderate the effect of ESG reporting and company performance. The performance of a corporation is not significantly affected by ESG reporting. according to the findings, but gender diversity on the board can moderate the effect of ESG reporting and company performance. The research's findings have contributed to both the theory and practice of gender diversity between board members, as well as provide businesses with an empirical foundation for optimizing board composition. [ABSTRACT FROM AUTHOR]

Literature on start-ups has mainly involved functional and education diversity of top teams; gender has been neglected, most likely because of the low presence of women in technological firms. Also, extant research has overlooked the role of female representation in start-ups' boards, despite boards represent a key piece in the puzzle that enables the functioning and survival of new firms. Building on this gap, we aim to investigate the following research question: are genderrelated variables in the board of innovative start-ups correlated with better performance? We employ a novel dataset of 3,257 Italian innovative start-ups founded between 2012 and 2018, and we run eight OLS regressions to estimate performance as a function of measures of female representation. Our results provide evidence of a positive relation of gender-related variables with performance. Specifically, we find that gender diversity is related to an efficient use of assets (ROA), while the shares and the number of females are related to an efficient use of capital (ROE). We also detect a nonlinear exponential relation between the number of females in the board and ROE: as more women serve in the board, returns on equity grow more than proportionally. Our paper contributes to the literature on board composition and start-up performance by providing new evidence on the role of female representation. [ABSTRACT FROM AUTHOR]

Food safety and halal food is important aspect of the food industry. Food safety affects health and food security while halal food complements Islamic law. In the last few years, in various countries, there have been many cases that indicated a lack of awareness when implementing food safety and halal food in food processing companies which in company losses. The purpose of this study is to determine the manager's perspective regarding awareness and implementation of food safety and halal food related to company performance. Case studies were conducted on two food processing companies using a semi-structural questionnaire method. The results of this study indicate that both companies have a high awareness of aspects of food safety and halal food. Food safety implementation is carried out based on international standards (HACCP, GMP, and ISO 22000). Halal food implementation is carried out according to the national standard (Halal Assurance System). Although there are differences in priorities between the two companies regarding food safety and halal, both companies will say that food safety and halal affect performance. [ABSTRACT FROM AUTHOR]

This research examines the relationship between Knowledge Management and Open Innovation on Firm Performance. The company's performance results from measuring the operational and financial performance. In this pandemic, the performance of the national shipping industry is quite a under pressure due to the existence of regulations for the Compliance of Restrictions on Community Activities (PPKM). For this reason, this study aims to find out how knowledge management and open innovation influence the performance of companies in Indonesia. The research was conducted in 2020, and the scope of this research is 126 Indonesian companies engaged in the shipping industry. The research method used is quantitative with descriptive and inferential statistical data analysis techniques, namely, regression analysis. The results obtained indicate that knowledge management and open innovation positively influence the company's performance. It reinforces that knowledge management and open innovation impact company performance to pay special attention to the development of knowledge and innovation of employees. [ABSTRACT FROM AUTHOR]

This study examined the influence of open innovation and change management on the firm performance of national shipping companies. The performance of a business is determined by its operational and financial performance. The functioning of the national shipping sector is under severe strain during this pandemic, owing to the presence of legislation governing the Compliance with Restrictions on Community Activities (PPKM). This unstable environment necessitates change management and open innovation to thrive. As such, this research aims to determine the impact of change management and open innovation on the performance of Indonesian shipping companies. The analysis was performed in 2020 and covered 126 Indonesian shipping companies. The quantitative study employs descriptive and inferential statistical data analysis methods, namely, regression analysis. The findings demonstrate that change management and open innovation have a favorable effect on a company's success. This result indicates that change management and open innovation affect firm performance, meaning that management should devote particular attention to developing open innovation personnel inside the organization. The business may then use a transformation plan to change conditions quickly. [ABSTRACT FROM AUTHOR]

The article focuses on exploring the relationship between Environmental, Social, and Governance (ESG) activities and firm performance, specifically examining the moderating effects of executive compensation and external audits. Topics include the impact of ESG activities on financial and non-financial performance, the role of executive compensations, and the important of external audits in this context.

The article focuses on investigating the interactive and synergistic relationships between different types of innovations, particularly product and process innovations, and their impact on firm performance in both manufacturing and service industries. The research questions center around the order of emergence of these innovations, their synergistic effects, and industry-dependent variations.

The study examined the impact that sound financial management practices have on the overall performance of manufacturing companies in Nigeria. In this study, an ex-post-facto research strategy was used, and secondary data was collected so that the researchers could investigate the link between the variables. The population of the research was made up of five samples that were randomly chosen from the population as a whole. The information was taken from the company's annual financial report, which covered a period of ten (10) years (2010-2020). Ordinary Least Square (OLS) regression analysis was used in order to make sense of the gathered information. It was discovered that financial management practices have a positive significant effect on Profit after tax (PAT) (p0.0021); financial management practice has a positive significant effect on retained earnings (p0.0415); however, financial management practice has no significant effect on debt-to-equity (p>0.7350). These findings were derived from the findings of the research. The research concluded that there is a considerable positive association between effective financial management practice, profit after tax, and retained profits. This relationship is robust. According to the results, it was suggested that the management of manufacturing organizations should try to place a greater emphasis on the practice of financial management in order to improve the efficacy and efficiency of their operations. [ABSTRACT FROM AUTHOR]

This study examined the influence of open innovation and change management on the firm performance of national shipping companies. The performance of a business is determined by its operational and financial performance. The functioning of the national shipping sector is under severe strain during this pandemic, owing to the presence of legislation governing the Compliance with Restrictions on Community Activities (PPKM). This unstable environment necessitates change management and open innovation to thrive. As such, this research aims to determine the impact of change management and open innovation on the performance of Indonesian shipping companies. The analysis was performed in 2020 and covered 126 Indonesian shipping companies. The quantitative study employs descriptive and inferential statistical data analysis methods, namely, regression analysis. The findings demonstrate that change management and open innovation have a favorable effect on a company's success. This result indicates that change management and open innovation affect firm performance, meaning that management should devote particular attention to developing open innovation personnel inside the organization. The business may then use a transformation plan to change conditions quickly. [ABSTRACT FROM AUTHOR]

Technological advancements and increasingly available intra- and extra-organizational data have attracted firms to invest in business analytics. Despite the growing number of firms that have invested in business analytics, only some of them have been able to turn their investments into tangible business benefits. This has raised questions among researchers and practitioners about the causal ambiguity between business analytics adoption and firm performance outcomes. Consequently, academic research community has recently launched an endeavor to produce empirical evidence on the relationship between business analytics and firm performance, considering different complementary resources, capabilities, and mechanisms that could better explain what firms need to gain business benefits from business analytics (e.g., Brynjolfsson and McElheran, 2016; Gupta and George, 2016). The purpose of this study is to improve the current understanding on the relationship between business analytics and firm performance. This is done by reviewing 47 peerreviewed studies that have empirically studied the phenomenon. Academic literature that examines how firms could benefit from data and analytics has separated into several parallel sub-streams, including business analytics, data analytics, big data analytics, and business intelligence and analytics. In this study, an umbrella term business analytics is used to cover all of them. Thus, another objective of this study is to merge the research output of different sub-streams related to business analytics and firm performance. This establishes a more comprehensive view of the literature landscape. This study finds that firms can translate business analytics into business benefits by ensuring that they simultaneously possess different complementary resources and capabilities, that are valuable, rare, and difficult to imitate. Also, business analytics literature has matured into a stage where it is not focusing solely on data and analytics technology, but also on talent (employees and management) and organization (culture) aspects, which together provide a fertile ground for the firm's business analytics capability. [ABSTRACT FROM AUTHOR]

Most research on cloud computing has been conducted in large firms. However, small, and medium enterprises (SMEs) constitute the majority of organizations worldwide. SMEs differ significantly from large firms and organizational size is a significant contingency variable in the organizational context. Accordingly, we examine how SMEs and large firms differ in leveraging cloud capabilities to achieve performance. We suggest that Business Scalability mediates the link between Enterprise Cloud Capability and a firm's Business Performance. We further hypothesize that the positive effect of Enterprise Cloud Capability on Business Performance is stronger for SMEs as they benefit more from Business Scalability than larger firms. We collect primary matched pair survey data from 147 small and large firms in India to test our research model. Empirical analysis using partial least squares provides support for our primary thesis that SMEs and large firms derive value from Enterprise Cloud Capability through different value creation pathways. [ABSTRACT FROM AUTHOR]

This paper made an inquiry to whether dividend-paying firms are more efficient compared to their non-dividend paying counterparts. To achieve the same, we have employed a non-parametric frontier estimation technique, data envelopment analysis (DEA), on the selected dataset of 73 firms from the textile industry in India. Our result shows that non-dividend-paying firms are 11.17% less efficient in their performance compared to dividend-paying firms. Further analysis indicates that efficient firms have better corporate governance compared to inefficient non-dividend-paying firms. Furthermore, the non-parametric test " Kruskal-Wallis" reveals that there is a significant difference of about 5.15 % between "high corporate governance dividend paying firms" compared to "low corporate governance non-dividend paying firms". [ABSTRACT FROM AUTHOR]

The role of dry port is very important and strategic in Indonesia, specifically in reducing dwelling time and generally reducing national logistics costs. This study aims to determine the role of stakeholder commitment and supply chain collaboration in improving the performance of dry port companies in Indonesia. This research is a causal, crosssectional survey or quantitative study. G-form questionnaire was used to collect data in this research and processed by structural equation modeling (PLS software). In this research was also used the purposive sampling technique with sample size of 69 companies (respondents). Dry port firm's stakeholders constituted the unit of analysis and their managers, senior managers, and directors as the unit of observation. The results indicated that supply chain collaboration had important role in mediating the effect of stakeholder commitments on performance of dry port companies. In line with the results, in the study was also complemented by discussion, implication, and future research suggestions. [ABSTRACT FROM AUTHOR]

Reducing dwelling time in Indonesia is an urgent matter to reduce national logistics cost. In line with that, one of key government programs is through strengthening the role of dry port firms in supporting seaport particularly in import activities. The aim of study was investigated the role of government (logistics) regulation in moderating the effect of supply chain collaboration on dry port firm's performance. The study used causal, quantitative, or cross-sectional survey method. The data collection conducted by using questionnaires with purposive sampling technique. The sample size consisted of 55 respondents that constitute stakeholders of dry port company. In this study, it was used SEM-PLS software for processing the data. The results showed that the government (logistics) regulation had positive and significant role in moderating the effect of supply chain collaboration on dry port firm's performance. The result's implication and limitation were further discussed in this study. [ABSTRACT FROM AUTHOR]

The COVID-19 pandemic relentlessly reveals missed opportunities for firms to invest in their digital infrastructure. Despite recent calls and its transformational nature, the question of how digitalization affects firm success has not been fully explored in the innovation and management literature. The primary purpose of this paper is to examine the impact of firm-level innovativeness on firm-level performance. More precisely, we assess inventors' patent-based productivity, hence innovativeness, and their use of digital technologies on firm-level sales growth and profitability. In doing so, we propose a new objective patent-based measure of firm-level digitalization. More importantly, we identify an opposite moderation effect and show how digitalization can improve and harm firm performance at the same time. Moreover, we raise awareness for the necessity to manage the digital divide. [ABSTRACT FROM AUTHOR]

This paper puts its focus on a problem concerning digitalization, managerial behaviour and productivity. Applying a systematic literature review it can be said that there is a research gap: Academia does not understand precisely how managerial behaviour and managerial decisions transcribe a digital strategy and options from digital innovations into economic success and productivity. The main findings from business studies stress insights about the combination of processes, techniques and people as well as leadership to be essential to push productivity. Influences on productivity come from (agile) value co-creation, different aspects of partnership governance, stakeholder relations (esp. customers) and variations of leadership. Other disciplines highlight the importance of data driven methods, data-security, -use and -storage. All these factors on productivity can be influenced by managerial behaviour. [ABSTRACT FROM AUTHOR]

We examine how flexibility in IT-enabled business functions (customer services and transaction services) helps firms to overcome the deleterious effects of institutional differences (cultural, economic, and administrative) on two core organizational capabilities (marketing capability and relational capability). We posit that flexibility in IT-enabled customer services (FICS) mitigates the constraints of cultural distance and economic distance that firms face in leveraging their marketing capability. Further, we posit that flexibility in IT-enabled transaction services (FITS) mitigates the constraint of administrative distance that firms face in leveraging their relational capability. Our empirical analysis of primary and secondary data of 182 firms in India provides broad support for our hypotheses. The findings contribute to theory and practice by highlighting how flexibilities in specific IT-enabled business functions help firms to combat challenges in dissimilar national institutional environments. [ABSTRACT FROM AUTHOR]

In today's globalized world, for firms to keep up with the competition and make ever greater profits, innovation is essential. Therefore, firms are looking for new ways to innovate as efficiently and quickly as possible, at the lower or same costs. Knowledge is seen as the critical determinant of successful innovation because it could lead to knowledge spillover effects. These occur inside as well as outside the firm boundary, depending on several different factors. These are, for example, the openness of firms, absorptive capacity, firm policy in protecting internal know-how, and many others. Similarly, the acquisition of external technologies was recognized as an essential method to create innovations and achieve higher economic returns. Therefore, in the era of open innovation, the ability of firms to effectively use external resources (knowledge and technology) is crucial, especially in the countries of Central and Eastern Europe (CEE). These countries have not always been able to benefit from external knowledge sources successfully and thus lag behind other European countries, among other things, in the areas of innovation and competitiveness. It is since CEE countries have faced (in comparison with Western European countries) to several challenges. For example, the worse technological equipment of companies, less advanced research and innovation systems and networks, lower trust, entrepreneurial skills, and spirit, due to the broken entrepreneurial tradition. Therefore, this article aims to analyze the influence of external knowledge and technology acquisition on firms' product and process innovation performance within selected CEE countries. Namely, we focus on the Czech Republic, Slovakia, and Poland. For this study, we are using our own binary logistic regression models and data provided by the World Bank – latest available Enterprise Survey 2019. The results of our research will provide several practical implications for firms and public policymakers in selected countries, but also in other CEE countries. [ABSTRACT FROM AUTHOR]

Strategic knowledge management can increase organisational performance because strategic knowledge management emphasizes management of intellectual resources to create unique value to the firms which enables the firms to craft their business strategies based on knowledge-driven advantages they own over their rivals and make strategic decisions of sharing, creation, application of knowledge following the overall strategic objectives of the firms. Nevertheless, the relationships between the strategic knowledge management and firm performance are still inconsistent from the present empirical studies. This study aims to investigate the relationship between strategic knowledge management and financial performance of firms with a meta-analysis method. This study also tries to explore the impacts of national culture on the strategic knowledge management-financial performance relationship. This study finds that strategic knowledge management was positively related to financial performance of firms. To the best knowledge of the authors, this is the first paper that applied a meta-analysis approach to examine the strategic knowledge management-financial performance relationship based on 1,422 subjects. It contributes to knowledge management theory by reducing heterogeneity of the strategic knowledge management-financial performance relationship. This study helps knowledge management practitioners to deepen understanding of the importance of strategic knowledge management for firms to sustain their competitive advantages. It is necessary for firms to initiate strategic knowledge management to leverage their knowledge assets by strategic knowledge management planning. [ABSTRACT FROM AUTHOR]

In today's highly competitive environment, organizations see open innovation and entrepreneurship as their core strategies. Conversely, though open innovation research is extensively cited and influences the course of innovation investigation, it has a significant effect on the strategic management and economics disciplines. As pointed out by different scholars, one of the management issues is entrepreneurship. This issue has become increasingly important because in recent years, the dynamic relationship between entrepreneurship, innovation, and new business creation has become apparent in a dynamic research trend that combines knowledge from different academic methods. The dynamic capabilities methodology supports this research framework in terms of open innovation and entrepreneurial orientation. This paper presents the pilot survey study for entrepreneurial orientation, open innovation and firm performance. Perform descriptive tests on statistics, normality, reliability and preliminary factor analysis (EFA) and display the data in tabular form. The results showed that the questionnaire distribution was normal and the data results were normal. [ABSTRACT FROM AUTHOR]

Corporate distress has gained significant importance since the global financial crises and the default of global companies like Enron, WorldCom, American Airlines, Merrill lynch. Keeping in view the scope of this study, block holding in the companies are considered an important driver for corporate default. This study aims to find out whether block holding may have any contribution towards a firm heading to default, although block holding has been supported earlier for solving the agency problem and value maximization for shareholders. The study also addresses the block holding for its influence on the company's performance which may lead to corporate default. The study has been conducted on the Singapore public listed companies and found that the defaulted companies have high concentration of shares as compared to non-defaulted companies. Moreover, this paper provides useful information on the impact of ownership concentration and block holders on firms' default risk. [ABSTRACT FROM AUTHOR]

In response to a rising interest in the connection between innovation and firm performance, this paper researches this link and takes a closer look into the different domains in which the impacts of innovation on firm performance can be observed. The basis for this study is a bibliometric analysis of 3,458 scientific publications. We provide an overview of which indicators researchers used to measure innovativeness and firm performance and what methods they used to establish the link between the two. We identified 28 innovation domains with an influence on firm performance, show the rising interest in the topic and found that most types of innovation have a positive impact on firm performance. Additionally, we conduct a detailed analysis on the domain Sustainability Strategy and determine the exact impacts that innovations in this domain have on firm performance. [ABSTRACT FROM AUTHOR]

The paper analyses financial indicators of 550 R&I-intensive Slovak firms receiving support from the European Structural and Cohesion Funds (SF and CF) in the period 2009-2014. The research tests the hypothesis that assistance from the SF and CF improves economic performance of the supported firms. The research combines data from public and private resources. It applies the Difference-in-Differences evaluation method with the Propensity Score Matching (PSM) technique. The PSM technique was used to create comparable structures of the treatment and control groups. The selection of performance variables reflected their economic importance and data availability. The most important variables included sales, gross operating surplus (profit), total assets, and own capital. Development in financial indicators for supported/unsupported firms between the periods 2012-2014 and 2009-2011 was compared via the t-test. Results of the evaluation indicated that enterprises receiving support from the European resources accounted for better financial results than those of enterprises receiving no support from the SF and CF. The increase in sales in the period 2012-2014 compared to the period 2009-2011 was the most important indicator of improved competitiveness. Sales accounted for the best availability of data. Sales are also a more realistic indicator than profits in the annual accounts of the Slovak companies. Profits are more prone to manipulation in the enterprise accounts. The evaluation exercise was commissioned by the Government Office of the Slovak Republic. Results of the evaluation exercises were transferred to policy recommendations for the 2014-2020 programming period. Firms applying for support from the national public and/or European resources must provide good-quality data on their past R&I spending and financial performance. As to compare the performance of supported and unsupported firms, data on sales and employment seem to be more useful than data on profits, as well as the return on assets and equity. [ABSTRACT FROM AUTHOR]

Scientific contributions that examine the structure of executive remuneration systems in the frame of shareholder value and discuss them in the context of business literature are rare. Only some commercial studies which are hardly to access discuss their structure. Moreover, empirical studies of the executive remuneration systems of companies usually provide individual aspects of remuneration, only. Consequently, this paper catches up to this gap by discussing the latest developments in management remuneration following the shareholder value approach. Thereby, an overview of the underlying grievances between management and ownership on the basis of the principal-agent-problem, the managerial power approach, and the optimal contracting theory will be given followed by an illustration of the latest legal developments in Germany. Then, this paper will deal with the structure of such systems, and the individual design-options of the components of remuneration systems will be discussed. In terms of structure, the focus is on value-based key performance indicators (KPIs) and on the use of share option plans, as the two dominant components of variable performance-related remuneration will be outlined. Furthermore, the individual design options and their advantages and disadvantages with regard to value orientation, transparency, influenceability by management, their profitability and other factors are examined. [ABSTRACT FROM AUTHOR]

With the advent of the Fourth Industrial Revolution, data have been increasingly recognized as an emerging key source for competitive advantage. Under such a business circumstance, data utilization with big data (BD) and advanced analytics, such as deep learning, has been receiving a lot of attention from both practitioners and scholars. However, there are few studies on the effect of BD and advanced analytics on firm performance in Japan. Therefore, by using questionnaire data collected from Japanese firms, this study empirically examined the effect of BD and advanced analytics capabilities as information technology capabilities on business performance of data utilization. From the regression results, we found that BD and advanced analytics capabilities did not have a significantly positive influence on direct business performance, which included financial benefits in both manufacturing and non-manufacturing firms; however, they did have a significantly positive effect on direct/indirect business performance in non-manufacturing firms. [ABSTRACT FROM AUTHOR]

The purpose of this paper is to justify that there is an absence of theory to fully convincing the relationship between Human Resource Management (HRM) and firm performance. This paper focuses on developing a conceptual framework as an effort to fill in the missing theory by discussing previous literatures, and therefore to suggest a conceptual mediating framework that complimenting all the findings from previous studies. Based on literature review, this paper hypothesized that HR roles act as a mediator that act as a sense of direction to improve firm performance. [ABSTRACT FROM AUTHOR]

Purpose -- The purpose of this paper is to identify the impact of service innovations on firm performance in the hospitality industry in Croatia during the 2012-2014 period. Methodology -- The study uses data from the most recent round of Community Innovation Survey, a confidential dataset compiled by Eurostat on innovation activities of firms in the EU member states. With means of the nearest neighbour matching treatment analysis it first explores the determinants behind the ability of firms to introduce service innovations before it explores whether firms that introduce service innovations outperform their rivals. Findings -- The results of investigation suggest that service innovations emerge predominantly through transfer of knowledge and skills between organizations, through intra-firm channels and other spillover mechanisms. In addition, there is little evidence of internal organizational and marketing innovations as drivers of innovation in services. Contribution --Rising importance of services in world economy suggests that service innovations are important for firm performance and competitiveness. To the best of our knowledge, there has been no attempt to address determinants of innovation in general and service innovations in particular in the hospitality industry in Croatia, whose economy largely depends on tourism, in post crisis period. To this end, our study makes genuine contribution to the existing literature that can translate into concrete policy recommendations. [ABSTRACT FROM AUTHOR]