Capital Model Research Articles

Joe's Story: How a Capitated Payment Model Lets Me Be the Physician I Want to Be.

For many years I cared for Joe, following him through diagnoses of strokes, end-stage renal disease, and metastatic prostate cancer. Gaining his trust, coordinating his care across specialist visits and hospitalizations, and helping him and his family clarify goals of care took an investment of time and relationship-building. I was able to spend this time with Joe, and all of my medically complex patients, because I had taken a job in a Program of All-Inclusive Care for the Elderly (PACE), a fully capitated model of care. With care organized around the patient instead of the visit, this payment model transformed my work life. As I reflect on the care that I provided for Joe over the years, I consider how health care organization and finance can either help or hinder our ability to provide patient-centered, coordinated, continuous care for our patients. Evolving payment models can help make space for family physicians to provide the robust primary care we are trained to deliver.

Labor organizing at chokepoints along Amazon’s supply chain: Locating geo-strategic nodes

Amazon seems to be creating a new hybrid model of capitalism combining some elements of classical Fordist vertical integration, or even the over hundred-year-old “Taylorism” of scientific management, with 21st century elements of labor “flexibility” and reliance on gig labor and subcontracting. This hybrid model offers opportunities for organized labor to gain a foothold within some of Amazon’s vertically integrated nodes as the firm lengthens its corporate commodity chain to grow increasingly close to consumers. Building on earlier work on opportunities for, and constraints on, labor in a variety of global commodity chains, our empirical cases examine how Amazon’s corporate strategies may open opportunities for labor in three illustrative cases ensconced in fulfillment centers—the Fordist vertical integration side of the model—in the Inland Empire and Otay Mesa (both in southern California) and Northern Kentucky.

The Threat of Consumer Autonomy under Personalised Recommendations

The twenty-first century is the century of digital technology. Algorithms, big data monitoring, and other technologies are widely applied to the business sector, creating a new business model of surveillance capitalism. This business model is mainly characterized by personalized recommendations, which collect, analyze, and predict consumer preferences to customize advertisements for targeted consumers, guiding and shaping their consumption decisions for profit. Based on existing literature, this paper analyses the impact of personalized recommendations on consumer decision-making in the business model, intending to explore the threat of consumer autonomy under surveillance capitalism. The paper argues that personalized recommendations have a covert intervention in consumers’ decision-making and reflexivity: they deprive consumers of the opportunity to make changes to their personalities and reinforce their inherent preferences. Personalized recommendations also result in discrimination against vulnerable groups and differential pricing, influencing people without their knowledge. In addition, personalized recommendations threaten consumer autonomy by weakening their ability to reflect. To safeguard consumer autonomy, people should take the initiative to improve their digital literacy, reflect on the ideology of instrumental rationality, and actively participate in platform interactions.

Economic sustainability for developing a less polluting eucalyptus-charcoal productive system in emerging markets

Charcoal plays a relevant role in developing countries, with potential to contribute to the energy needs as a cheaper and carbon-friendly alternative. In Brazil, eucalyptus-charcoal has gained attention as an input for metal-steel industries, mostly supplied by small and medium forest producers. Those commonly use rudimentary charcoal-kilns, characterized by higher greenhouse gas (GHG) emissions, reduced productivity and economically unsustainable impacted by their reduced financial management. In order to fulfill this gap, a simplified financial planning model and an economic analysis of a less polluting charcoal productive system, called kilns-furnace system, were performed, also comparing to traditional charcoal-kilns. A differentiated cost of capital pricing model was also proposed, adjusted to bioenergy projects in emerging markets. Results showed that kilns-furnace system presented the best financial indicators, with greater free cash flow capacity, shorter reimbursement period, reduced charcoal production cost, better return on invested capital and a financial resilience even under pessimistic conditions. With its risk-return ratio verified, kilns-furnace larger insertion may be an attraction for charcoal producers, with probable increased long-term economic sustainability when compared to traditional kilns. The proposed cost of capital pricing model opened a new perspective for its calculation in developing countries, and should be used by producers, companies, and government in investment decision and as a guidance for financing lines.

The influence of entrepreneurs’ multi-country resources and mobility on transnational entrepreneurship survivability

Abstract This study examines the role of entrepreneurs’ multi-country resources and mobility in achieving transnational entrepreneurship survivability. Outlined by the Forms of Capital model through the context of transnational entrepreneurship, this research provides a layer of understanding on the individual-opportunity-venture nexus in entrepreneurship through to exploring the way individual resources contribute towards venture survivability in a dynamic environment. The findings indicate that there are four core configurations associated with long-term entrepreneurial survivability, with geographical mobility is present as the necessary condition in achieving the outcome of interest. Theory-wise, this study speaks to the discourse of individual-opportunity-venture nexus through the configurations revealed from the findings. Practice-wise, the configurations will be useful for transnational entrepreneurs and policymakers interested in developing policies to encourage transnational venture sustainability.

Theory-practice gap of capitation payment in the Indonesian national health insurance: toward universal health coverage

PurposeThis study aims to present a comprehensive integrative review of capitation payment for primary healthcare (PHC) in the Indonesian national health insurance (Jaminan Kesehatan Nasional,JKN).Design/methodology/approachWhittemore and Knafl’s integrative review method is used within this review and analysis framework. Multiple types of academic literature were included in this review, including all studies related to capitation payment in the JKN from 2014 until 2022.FindingsThis review found that several practices of capitation payments in the JKN in Indonesia deviate from basic economic concept of capitation. It does not yet incentivize PHC to create a competitive environment in attracting members and it does not incentivize health promotion and prevention. Moreover, the capitation model uses the same scope of primary care services for all PHC throughout the country – which in fact has disparities in providing 155 medical conditions as required competencies for PHC. The authors recommend that the JKN apply bottom-up costing and pricing methods to set market prices of capitation rates.Originality/valueThis is the first study that reviews theory-practice gap of the capitation payment model using an integrative review that covers academic literature, journal articles and regulations in Indonesia.

Mediation of Psychological Capital in Youth Experiencing Homelessness.

Youth who experience homelessness engage in behaviors that place them at high risk for disease and injury. Despite their health risk behaviors, these youth display psychological capital, positive attributes of hope, efficacy, resilience, and optimism that motivate them to engage in health-promoting behaviors such as safer sex. However, this array of positive psychological attributes has not been studied in this vulnerable population. The specific aim of this analysis was to determine whether factors of psychological capital mediated the relationship between background risk factors (e.g., race/ethnicity, educational attainment, reason for being homeless, sexual abuse history, and HIV status) and outcomes of condom intention, safer sex behaviors, and life satisfaction among youth who participated in a longitudinal intervention study. Using a Solomon four-group design, 602 youth were recruited from drop-in centers in two large cities (Columbus, Ohio, and Austin, Texas) to participate in a brief intervention that included outcomes of enhanced communication skills, goal setting, safer sex behaviors, drug refusal skills, and life satisfaction. Using an autoregressive, cross-lagged, longitudinal mediation model, we tested the direct and indirect effects of background factors, psychological capital, and intervention outcomes. Models were tested for the intervention group alone and the total sample. There were no significant direct or indirect effects of background factors on intervention outcomes among the intervention group, and the model fit was poor. There were also no significant mediating paths via factors of psychological capital and poor model fit for the combined group. Findings provide important information about intrinsic strengths of youth experiencing homelessness and psychological capital as a significant construct for understanding health behaviors among disadvantaged and underserved youth. The lack of significant mediation effects may have been due, in part, to the lack of a robust measure of psychological capital. Further study with various background factors and outcomes would contribute further to our understanding of how best to support this population.

Searching for Performance Accountability in Higher Education: A Case Study

Accountability is vital in ensuring universities to provide top-notch education to their stakeholders in higher education. Therefore, it is imperative to examine how universities can achieve intended performance accountability. The study analyzes the performance accountability of higher education, considering core, essential, and supporting components to meet stakeholder expectations. Based on the case study design, the data were collected through semi-structured interviews with stakeholders and secondary sources. The study sample was selected through the purposive sampling method, i.e., the University Authority, the Campus chief, three chairpersons of the subject committee, the president of the Professor Union Unit, the Coordinator of the Self-Evaluation Committee, and four faculties. After analyzing the data, it has been concluded that in order to achieve performance accountability in higher education, it is essential to manage the learning process effectively, have a strategic implementation plan, prioritize leadership, and adhere to accountability processes. These crucial elements are key to creating a successful learning environment, improving the quality of education, and ensuring accountability in the higher education sector. I claimed that the seed capital model is developed to enhance quality education by increasing higher education performance accountability. The study findings can help University officials and faculties improve education quality and policy formulation. Additionally, this study contributes to the existing literature on the institutional process and achieving accountability in all components of higher education.

Liberal and illiberal industrial policy in the EU: the political economy of building the EV battery value chain in Sweden and Hungary

In the context of an increasingly ambitious European Union (EU) industrial policy and the transition to electromobility, the main objective of the article is to uncover the interaction between the supranational level and domestic policies through examining the buildup of the electric vehicle (EV) battery value chain in illiberal Hungary and liberal Sweden. The study analyses these diverse cases through the lenses of comparative political economy. How do European industrial policy objectives translate into national policies under widely different political conditions? How do the different translations impact on the original objectives of EU policy? Through using a structured-focused comparison, the paper argues that the building of the EV battery industry implies the entrenchment of existing models of capitalism in both cases. Liberal democracy is only compatible with the coordinated market economy model of Sweden, while in Hungary the illiberal regime and the dependent market economy model reinforce one another in face of growing public recognition of the disadvantages of dependency—misallocation of resources, environmental damage, and limits to upgrading. EU strategic objectives are served only by the Swedish model, while the Hungarian model leads to deepening institutional cleavages within the EU and implies growing dependence on Russia and China.

WACC Analysis of Banks: Take JPMorgan Chase and Industrial and Commercial Bank of China as Examples

The world’s overall economic level has improved, and the financial system has also been continuously improved. Among them, international banks have long become the backbone of the financial system. At the same time, various financial instruments such as WACC (Weight Average Cost of Capital) are constantly being applied to the management and investment direction of international banks. In the process of applying the WACC decision-making model to some international banks, some problems were encountered and solutions were proposed for reference. This also provided a reference for the further improvement of the financial system and the progress and development of the financial market. This article discusses the possible significant differences in the WACC capital structure decision-making model used by JPMorgan Chase and the Industrial and Commercial Bank of China and discusses the reasons for this difference. The use of the WACC capital structure decision-making model can enrich the application background to a certain extent and better guide investment.

NOVAS ABORDAGENS PARA MODELAGEM DE NEGÓCIOS

This article presents a study on contemporary disruptive business modeling. Therefore, we tried to target the phenomena of globalization as a continuous and uninterrupted process that moves the gears of the capitalist model in which economic, social and technological facts are engendered. Today's business organizations get rid of rigid models as were the guidelines contained in business plans so that they can obtain more speed in the Research and Development processes of products and services with high added value for markets and customers. Innovation with the ability to deliver value to customers is now the cornerstone of administrators and managers in managing high-performance teams for creating, prototyping and launching products and services that are considered disruptive. New proposals to support agile strategies are presented to streamline processes and are already being used. New business proposals added to new logistical movements linked to cutting-edge technology point to new scenarios in which new approaches, with new planning, organization and control, are fixed on the radar of contemporary administration. In the eagerness to answer questions about what happens in this scenario, bibliographic analysis methodology and systematic observation were used.

Intellectual Capital and Corporate Sustainable Growth: An Empirical Study on Indian Agribusinesses specific to Pesticides and Fertilizer Companies

This study aims to evaluate the impact of Intellectual Capital on the Sustainable Growth Rate of Indian Agribusiness companies. Intellectual Capital plays a vital role in the global agriculture business. Data is collected from 17 Agribusiness companies engaged explicitly in pesticides and fertilizers between 2011 and 2022, using Prowessiq (CMIE) and financial reports. The Extended Value-Added Intellectual Capital (E-VAIC) model is employed to measure Intellectual Capital. The System Generalized Method of Moments (S-GMM) regression method is employed for data analysis. The results revealed that Innovation Capital Efficiency and Human Capital Efficiency are the most significant variables that affect the Sustainable Growth of Indian Agribusiness companies. The other Intellectual Capital variables, such as Relational Capital Efficiency and Structural Capital Efficiency, positively impact the Sustainable Growth Rate. The study concludes that Indian Agribusiness companies must recognize the importance of Intellectual Capital resources and invest in them to achieve long- term corporate growth.

Stakeholder capitalism as a modern model of corporate social responsibility

The article reveals the conceptual foundations and importance of the stakeholder model for the successful functioning of modern business organizations, their development, ensuring competitive advantages, strengthening sustainability, brand and image growth. The relevance of this concept is also substantiated for ensuring sustainable social development. The purpose of the study is to examine the practical aspects of stakeholder capitalism as a modern model for implementing social responsibility by business organizations. In the course of scientific research into the essence and scope of expression of the modern stakeholder model of business activities, the author's own idea of the practical value of these processes for business and society as a whole was developed. The key potential benefits for business organizations in establishing an effective dialogue with key stakeholders based on social responsibility are identified. The author's own vision of the substantive essence of an effective model of interaction with stakeholders is developed, which will affect the increase in a company’s capitalization, increased sustainability, and increased investment attractiveness. A list of possible areas and directions of interaction between the company and key stakeholders is presented in a reasoned manner. Proposals have been developed for promising areas for the development of the stakeholder model of capitalism, based on the principles of social responsibility in modern conditions.

Application of Social Capital-Based Institutional Model in Formulating Village-Owned Enterprise Policy as a Resilience Strategy for Local Economic Development

This study aims to determine the application of social capital-based institutional models in formulating policies for village-owned enterprises as a resilience strategy for local economic development. This research uses a qualitative approach. Data collection is carried out through observation techniques, interviews, documentation Data reduction steps, data presentation, and conclusion/verification process the collected data. In view of the aftereffects of the examination, it was found that the investigation of the social capital-based institutional model, shows that parts of trust, informal organizations, and normal practices play a significant part in the utilization of this model in the detailing of arrangements for Town Claimed Ventures. These factors have’a major influence on the success of the village’s local economic development resilience strategy. Then the results of the analysis showed that the application of the social capital institutional model in Barae Village, Soppeng Regency, had succeeded in increasing the economic resilience of the community. This is realized through better access to the capital needed, as well as the ability of the community to meet their daily needs at affordable prices. The impact is an improvement in the quality of life and economic resilience in the village.

Aggregate and distributional effects of school closure mitigation policies: Public versus private education

We use a human capital formation model to compare extending school time to private education subsidies in mitigating the adverse effects of school closures. The impact on inequality and mobility depends crucially on the substitutability between private and public inputs.

A Monte Carlo simulation case study on blueberries from Mexico

Abstract Global blueberry production more than doubled during the last decade. In Mexico, the production of this fruit has grown faster than globally, positioning this country among the top five international blueberry-producing regions. This case study focuses on a prospective investor planning to grow blueberries in Mexico and export most production to the U.S., the largest producer and consumer of fresh blueberries. A high-technology producer growing blueberries under high tunnels in western Mexico is featured in this article. The case study was researched using a combination of field visits to blueberry producers, collaborative work with an industry consultant, and academic research. The article provides industry statistics on blueberries in Mexico and globally over the last decade. In addition, it describes how the authors conceptualized and developed discounted cash flow models to evaluate this potential investment. Despite the importance of blueberries from Mexico, there is a need for financial models to assess the profitability and risk of growing blueberries in that country. Students solving this case are expected to identify risks and opportunities in the industry and conduct Porter’s five forces competitive analysis. In addition, students will mainly evaluate the results of a stochastic capital budgeting model.

The Catholic Church and investor capitalism in late-nineteenth century Ireland

ABSTRACT The Catholic Church embarked upon an ambitious project of property development in the nineteenth century that transformed the Irish built environment and landscape. People responded energetically to fundraising drives for churches, convents, monasteries and welfare-focused institutions. The acquisition of significant property and substantial capital by the Irish Catholic Church was a major source of its power, which continued into independent Ireland. Much of this wealth came to the Catholic Church through bequests, donations, and returns on investment, which were managed by the relevant dioceses and orders. This article focuses on the episcopacy of Archbishop William Walsh of Dublin during the 1880s and 1890s to understand the way in which the management of the archdiocese of Dublin’s financial resources shaped the social, economic, and political development of Ireland’s capital city. By focusing on the management of one of the most significant bequests under Walsh’s supervision – the Egan Bequest – a complex story of religion, investment and infrastructure building is revealed. This activity helped produce a model of investor capitalism that shaped Dublin in ways that remain contested to this day.

Towards the Culturalization of Macroeconomics: A Veblenian Contribution

Conventional macroeconomics cannot be the basis for a pragmatic understanding of the behavior of the financial model of capitalism in which we live and for drawing practical economic policies. Its most important problem is the relegation of key monetary and financial institutions, which entrap the analysis into a self-regulated markets illusion. This article argues that Thorstein Veblen’s post-Darwinian cultural and processual analysis of the business enterprise system provides ideas, principles and foundations that can leverage a contribution to an evolutionary recontextualization of macroeconomics. The analysis focuses attention only on the role that the evolution of pecuniary habits of mind and routines have in episodes of unsustainable balance sheets, liquidity crunches and debt-deflation processes and marks out the cultural foundations of financial fragility and instability and of the principle of effective demand.

A Political Economy Analysis of Chinese Modernization

ABSTRACT The earliest form of modernization was capitalization, which Marx and Engels explained as occurring “on pain of extinction.” As the inherent contradictions of capitalism intensified, modernization showed a tendency to evolve in the direction of socialization, and two different and opposing models emerged: the Western European capitalist model and the Soviet socialist model. The modernization of the old China was destined to fail even while it was still on the starting line. It was not until the Chinese people, under the leadership of the Communist Party of China, overcame the Chiang Kai-shek regime, achieved victory in the New Democratic Revolution, and established the People’s Republic of China that the country’s progress along the road of Chinese modernization really began. For historical reasons, the new China was obliged to develop a novel approach to its modernization process. Reform and opening up enabled China to seize a new opportunity, and Chinese modernization began to accelerate. After socialism with Chinese characteristics entered a new era, modernization began to take flight. Chinese modernization provides humanity with a new choice as it confronts the modernization challenge. Although Chinese modernization reflects China’s specific national conditions and historical opportunities, it nevertheless has a definite world-historical significance.

Cyber risk within capital models

Cyber risk within capital models