Large Corporations Research Articles

Responsible urban development policy: criteria, subjects, prospects

This article examines the primary directions of contemporary urban development policy, along with the issues and contradictions associated with its scientific research and practical implementation. The study aims to conceptualize the concept of “responsible urban development” as a complex of approaches and practices that hold promise for integration into practical urban and regional development policies, and to typologize potential approaches to implementing such policies. The authors use an institutional approach, the methodology of identity studies, the structural-functional approach and a case study. The article investigates quantitative and qualitative indicators, the key challenges and tasks of urban development policy, with a particular focus on the resources of modern urban development. The authors note that relying on a limited set of indicators does not provide the capacity for decision-making necessary to update and transform urban development policy to ensure its ability to promptly and flexibly respond to the numerous problems and challenges arising under conditions of socio-political instability. The article addresses and analyses several cases of contemporary urban development and the implementation of corresponding policies. Based on this analysis, the authors conclude that one of the central and most pressing issues in the policy of responsible urban development and the socio-political dynamics of cities is the inefficiency of the communication process between civil actors and stakeholders, on the one hand, and city authorities and the city administration, on the other. This communication deficit can only be partially addressed through digitalization, as the primary obstacles to improved communication are administrative barriers and the dominance of the interests of certain groups, such as large corporations and financial institutions.

Taking ESG strategies for achieving profits: a dynamic panel data analysis

PurposeThe goal is to investigate the relationship between financial performance and environmental, social and governance (ESG) indicators and disclosures for a sample of Latin American firms.Design/methodology/approachDynamic panel data regressions are used to analyze a sample of 114 companies listed on the Latin American Integrated Market, MILA (Chile, Colombia, Mexico and Peru) for the period 2011–2020. The Altman Z-score and Piotroski F-score are used as indicators of the probability of default and comprehensive financial strength. Models are developed in which the relationship between economic value added (EVA) and Jensen’s alpha are evaluated against firms’ ESG practices.FindingsA direct relationship between ESG strategies and financial performance was found. Better practices and transparency in ESG are related to lower probability of bankruptcy, greater financial strength, greater EVA and superior risk-adjusted returns.Research limitations/implicationsESG data were obtained from the Bloomberg system based on a methodology that may differ from other sources. The sample covers four Latin American countries and large corporations. Independent variables were selected for their perceived validity, given their frequent use in previous studies.Practical implicationsEvidence for company management regarding the importance of strengthening ESG practices and reporting should be part of their balanced scorecards. For investors, the results support the importance of evaluating ESG practices in asset selection.Originality/valueThe present study is the first research to present empirical evidence on the relationship between ESG scores and disclosures for MILA countries, using a comprehensive set of financial performance indicators (Altman Z-scores, Piotroski F-scores, EVA and Jensen’s alpha).

The impact of market power and financial flexibility on corporate investment policy

ABSTRACT This study explores how market power and financial flexibility shape corporate investment policies among U.S. large and mature corporations, by estimating firm-specific, time-varying investment-to-added-value sensitivities. We find that firms with market power exhibit lower investment sensitivities, and this effect is more pronounced for the most financially flexible firms. We show that the firm’s debt capacity is an important moderator in the relationship between market power and investment sensitivities. Our findings support theoretical predictions that market power and financial flexibility jointly influence investment decisions. The implication is that a lack of competition impedes corporate investments. For investors, these findings highlight the need to monitor both the competitive landscape and financial flexibility of firms in their portfolios.

Powering Through the Turn: Finding Time for Concept Exploration Before Industry Stagnation

This study examines how the tension between exploration and exploitation affects early-stage development within the engineering teams of large corporations. Using survey data collected from over 900 system engineers and managers, it was observed that exploration decreased as an organization’s market growth declined, but dire market projections prompted a refocus on exploration. In addition, engineers routinely desire more concept exploration time than they perceive that they have available. The authors argue that engineering teams should more intentionally consider their innovation strategy, and that companies with stagnant market growth should invest in concept exploration before they get to a period of market decline.

Strengthen the doctor-patient relationship and avoid administrative stifling.

The acquisition of private medical practices by large health-care corporations is transforming clinical practice in many Western countries. The growing influence of health administration on medical practice is increasingly perceived as a danger by the public and health professionals. Health-care administrators should not replace doctors or invade their competencies. Back to principles, the patient-doctor relationship must be funded in trust. Representing society, governments must try to ensure health care to all citizens, serving one of the fundamental human rights. Using the principle of subsidiarity, administrators should fill gaps in the provision of health care to all patients by doctors.

Effects of public procurement on corporate total-factor carbon productivity: evidence from China

Using balanced panel data for listed Chinese industrial firms from 2016 to 2021, this study examines the effect of public procurement (PP) on corporate total-factor carbon productivity (CTFCP) and the related mechanisms. The results show that (1) there is a positive correlation between PP and CTFCP. (2) PP exerts a more pronounced incentivizing effect on CTFCP for state-owned enterprises, larger corporations, and those with weaker financing constraints. (3) We decompose CTFCP into technological progress (TECH), pure technical efficiency (PTE), and scale efficiency (SE) and find that PP improves TECH and PTE, and the effect differs according to firm ownership, scale, and financing constraints. (4) PP promotes CTFCP through labor productivity (LP), capital productivity (CP), and corporate green innovation (CGI) while the mediating role of environmental productivity (EP) is not significant. This study contributes to theoretical discourse on PP’s influence on CTFCP and has practical implications for PP agencies and enterprises.

Due Diligencia de las empresas transnacionales en la India

Due diligence is the minimum framework for responsibility and reparation for damages in matters of human rights that may arise during and after the production processes of companies have been carried out. In other words, an alternate strategy for encouraging businesses to voluntarily engage with the externalities that their operations may create. This paper aims to argue the notion of due diligence in international corporations situated in India using a qualitative case study technique. In this regard, due diligence and its guiding principles are defined to assess the transparency and management responsibility of international companies in India. Then, cases related to positive and negative aspects of due diligence in this Asian country are presented. Finally, conclusions are given. The results lead to the conclusion that even though India is a desirable destination for international investments in industries like electronics, fashion, finance, and the automotive sector, foreign firms have not yet demonstrated that they have complied with due diligence requirements. The most vulnerable population continues to be subjected to cycles of poverty, slavery, and mistreatment because some of the jobs paid by large corporations represent the only means of economic subsistence.

УПРАВЛЕНИЕ КОМАНДОЙ ВНУТРИКОРПОРАТИВНОГО СТАРТАПА: ПРОЦЕССНОЕ ИССЛЕДОВАНИЕ ДИНАМИКИ РАЗВИТИЯ

Innovative development of the Russian economy is impossible without increasing the efficiency of small innovative enterprises (startups), including those created within companies. The problems of managing internal startups and especially startup teams have been relatively poorly studied by modern science. The high dynamics of startups causes high variability and intensive transformations in team management practices. To create a highper formance startup team, it is necessary to understand the internal logic of change in the parameters of teams and team management. The article studies the dynamics of changes in team characteristics and team management within the startup development process. The research methodology is based on process research and case studies. The work investigates the dynamics of the startup team a cloud gaming service. The startup was organized within one company but was then sold to a large IT corporation. The article examines certain characteristics of the team in their development including management methodologies, team composition, communications, culture, motivation, operational and strategic planning pro cedures.

Model Bisnis Berkelanjutan dan Isu Strategi Pengembangan Model Bisnis Berkelanjutan pada UKM: Tinjauan Literatur Sistematis

The United Nations established the Sustainability Development Goals (SDGs) in 2015 as the 2030 Sustainability Development Agenda, which provided a comprehensive framework to guide global efforts toward a more sustainable and inclusive future while addressing socioeconomic and environmental issues. As a result, businesses, particularly small and medium-sized enterprises (SMEs) as part of large corporations, are intensely interested in transforming business models towards sustainability. This article investigates the development of articles on sustainable business models (SBM), specifically SBM in SMEs. The study was conducted using articles obtained from the Elsevier Scopus database.The analysis was carried out using bibliographic research techniques using VOSviewer software and content analysis. Based on the study conducted, it was found that SBM had been discovered between 2002 and 2003, although relatively few articles about business models were found, namely 827 out of 16,784 business model documents. Meanwhile, there are far fewer Scopus documents on SBM for SMEs, namely 19 articles, most of which are systematic literature reviews and case studies. Content analysis shows that SBM in SMEs needs to consider adaptation to uncertain environmental and institutional contexts. Regarding strategic content, the need to maintain symbiotic relationships with stakeholders, founder values, social and environmental values, leadership, value-based competencies, and manager commitment is essential for SBM. Developing a sustainable business model for SMEs is carried out by integrating sustainability into its value chain.

Ideators’ success in innovation tournaments: Participation, productivity, or pressure?

Success in innovation tournaments depends critically on ideators’ attributes. The authors test three important attributes: participation (i.e., one-shot vs. serial ideators), productivity (number of ideas submitted), and time pressure (approaching deadline). The data come from nine fixed-time innovation tournaments conducted for large corporations. Findings and contributions are as follows: first, while prior research has emphasized fixation or self-selection, we find that a diversity of skills (a) leads to serial participation and (b) favors success. Second, while prior research has led to contradictory results on productivity, we find that the number of prior cumulative ideas submitted within an innovation tournament positively affects success for serial but not one-shot ideators. However, the number of submitted ideas on a single day negatively affects success for all ideators. Third, while prior research has emphasized the importance of deadlines to avoid procrastination, we find that deadlines lead to rushing of ideas with a steeply increasing number of ideas but declining quality. The phenomenon of rushing is highest in the shortest innovation tournaments.

Green Transformational Leadership in Improving In-Role and Extra-Role Performance: Green Human Resource Management as Mediation

Sustainability and environmental responsibility are becoming increasingly important in public-sector organizations, especially for government offices in the districts. Although large corporations have been the focus of much research on sustainability practices on environmental responsibility, governance offices play an important role in the environmental impact of their activities. This research aims to explain the role of green human resource management in mediating the relationship between green transformative leadership behavior in improving performance within and outside the role that environmentally friendly staff. Using 97 civil government officials as samples, the study tested the hypothesis with the boostraping method on smartPLS version 4, as well as the size effect mediation with upsilon (v) statistics. The findings indicate that GHRM is able to mediate the relationship between GTL and IRGP and also between GTL and ERGP. These results prove that G HRM is capable of being a partial mediator in this study. The limitations and recommendations for further research are described in this article.

How do large corporations engage with startups? The rise of corporate service providers

ABSTRACT Due to the emergence of the digital economy, traditional corporate entrepreneurship (CE) forms (i.e. corporate incubators, corporate venture capital, and corporate accelerators) have become too heavy and resource-consuming. As such, large corporations need to adopt a lightweight and flexible approach to access startups’ knowledge. Many of them have started outsourcing the CE service, demanding it from specialised service providers. In this study, we document the rise of this new form of CE, i.e. corporate service providers. Building from 25 interviews with managers of Plug and Play and GELLIFY, we analyze how these two types of service providers work concretely. Moreover, we discuss how they differ from traditional CE forms. Drawing on additional 17 interviews with large corporations and startups that have interacted through these service providers, we discuss how corporate service providers differ from previous traditional CE forms in facilitating the adoption of lightweight initiatives among large corporations to access startups’ knowledge. Accordingly, we provide theoretical contributions to the CE literature.

The hidden costs of free services: how donations support the corporate platformization of education

ABSTRACT The adoption of ‘free’ large-scale proprietary platforms, such as Microsoft 365 for Education and Google Workspace for Education by public education has raised significant concerns, including student privacy, technological lock-in, as well as a privatization of educational governance. Because of their ‘non-onerous’ nature, there is limited open documentation to understand the scope and substance of these agreements. This study explores the associations between public education with large software corporations associated with surveillance capitalism in Brazil. The data, requested via formal requests for information sent to all states, demonstrate that the majority of states have adopted these platforms, with a sharp rise during the COVID-19 pandemic. An in-depth legal analysis of the contracts shows that the apparently ‘non-onerous’ nature of these contracts can be used to obscure the business models of surveillance capitalism, which are based on data extraction and processing. Implications for educational governance and school actors are discussed.

Prospects for innovative development of the Russian oil and gas complex in the context of modern challenges

The purpose of the article is to study the opportunities of innovative development of the Russian oil and gas complex amid current challenges. The subject of the article is modern features of functioning of the Russian oil and gas sector. As a methodology, it is necessary to high-light the analysis of Internet resources and articles relevant to the research topic, statistical data, their synthesis and generalisation. Among the main results of the work we will indicate structuring sanctions in terms of the direction of impact on innovation activities, identifying opportunities and prospects for innovative development of companies in the oil and gas sector in the current conditions. The results obtained can be applied as part of assessing the prospects with consideration to the modern situation and in the educational process. The directions for further research on a given topic include studying the operating features of companies of various sizes during their activities as well as identifying the most effective technological designs that can be used in the industry, including domestic ones. We have made the following main conclusions. Firstly, the impact of the sanctions is aimed largely at the technological development of oil and gas companies. Secondly, the prohibitive measures have stimulated the use and implementation of domestic innovations. Thirdly, the application of new decisions makes it possible to optimise the processes of the technological development, including those that until recently were determined to be unprofitable. Fourthly, innovations help to increase the number of organisations in the oil and gas sector by involving small-sized companies whose activities cover a minor segment that is not attractive to large corporations.

The state of foresight in small and medium enterprises: literature review and research agenda

Small and medium-sized enterprises (SMEs) are the backbone of many economies. In today's world of VUCA (Volatility, Uncertainty, Complexity, Ambiguity), SMEs face diverse challenges to survive and stay competitive. SMEs must prepare themselves for these challenges by practicing foresight. However, foresight, and especially corporate foresight, has been conceptualized and researched in the context of large corporations. Applying foresight in SMEs is therefore complicated by the question of how to implement foresight in the context of SMEs given their specific requirements and limitations. This article provides an overview on the literature on the application of foresight in SMEs is, along with a summary of the extent to which SMEs conduct foresight from an organizational and individual perspective. Besides offering a compendium on the state of foresight in SMEs, a research agenda is formulated, incorporating the idea of a toolbox tailored to SMEs based on existing approaches and prior works.

Land sovereignty in depressed and contested agro-territories: The cases of Portugal and Brazil

This article offers an exploratory operationalisation of the concept of land sovereignty applied to land politics in 2 agro-territories from different countries and continents sharing a common language and deeply linked histories: Portugal and Brazil. These display a similar model of agricultural development, representing a contradiction between the promise of profit based on aggressive exploitation of the territory and the marginalised condition of its population. How this agricultural model took hold in each country and manifested the agrarian question differs according to key socio-historical factors, such as the role of each in the colonial history that links them. Today, however, these agro-territories face similar challenges: human rights abuses, environmental destruction, lack of sound territorial management and fair policies, coupled with the dilapidation of socio-economic infrastructures. This makes them especially vulnerable to climate change, unemployment and poverty, while also caught in a clash between development models: a hegemonic hyper-intensive production model and the peasant-based model that has been resisting the advances of the former. This double jeopardy has prompted us to speak of ‘depressed and contested agro-territories’. Our study shows how, in the case of Brazil, despite physical violence and threats to life, social movements are propelling land reform, linking it to the concept of the social function of land. In Portugal, in contrast, the country’s alignment with neoliberal development has civil society divided about how to contest land use. Our analysis indicates that in both cases: (i) today’s land politics are heavily biased towards a neoliberal, export-based, hyper-intensive agriculture controlled by large corporations, with weak legislation in place to defend both social and environmental rights; (ii) land reform based on land sovereignty and the social function of land is deemed crucial to assist agro-territories in regaining socio-ecological balance and to attain democratisation of land politics by regaining control over land, natural resources and local markets.

Using Data Mining Principles in Implementing Predictive Analytics to Different Areas

This study delves into the realm of information-based knowledge discovery technologies and underscores the growing necessity for extensive data representation to enhance the management of care and mitigate the financial costs associated with promoting long-term care. The proliferation of information collected and disseminated through the Internet has reached unprecedented levels in the context of long-term financial health statistics, posing a challenge for businesses to effectively leverage this wealth of data for research purposes. The explicit specification of costs becomes paramount when dealing with substantial volumes of data. Consequently, the literature on the application of big data in logistics is categorized based on the nature of methods employed, such as explanatory, predictive, regulatory, strategic, and operational approaches. This includes a comprehensive examination of how big data analysis is applied within large corporations. In the healthcare domain, the study contributes to the evaluation of usability by providing a framework to analyze the maturity of structures at four distinct levels. The emphasis is particularly on the pivotal role played by predictive analytics in the healthcare industry through big data methodologies. Furthermore, the study advocates for a paradigm shift in management's perception of large business data sets, urging them to view these as strategic resources that must be seamlessly integrated into the company. This integration is seen as imperative for achieving comprehensive business analysis and staying competitive in the ever-evolving landscape of healthcare. The study concludes by shedding light on the limitations inherent in the research and delineating the specific focus areas that have been addressed.

Rethinking inter-firm dynamics from a small firm perspective: the case for inter-organizational bullying

PurposeThis paper aims to explain how the dynamics of inter-firm relations between small and large firms can, in the case of some behaviours, be interpreted as inter-organizational bullying.Design/methodology/approachThis paper draws on a qualitative approach adopting the critical incident method to explore the subjective experiences of 13 individual managers and owners of small service businesses in dealing with the representatives/executives of the large corporations they serviced. The method facilitated an investigation of the significant occurrences identified by the small-firm respondents about the undue advantage taken by the large firms. This was found to be more than simple occasional opportunistic or unfair business practices perpetrated by representatives of the large firms but, instead, involved bullying.FindingsThe results revealed that large corporations actively, though covertly, sought to take advantage of their small service providers by resorting to bullying practices. Intimidation, opportunism, use of deceitful or unfair business practices, as well as abuse of power, were manifestations of inter-organizational bullying committed by the large and powerful corporations. The contrasting characteristics of size, access to resources, economic and market power were identified as strong impediments against building effective ethical relational exchanges between the large corporations and their small service providers.Research limitations/implicationsThe study's findings provide valuable insights into the root causes and consequences of inter-organizational bullying. However, it is crucial to interpret these results in the context of this specific study. It is worth nothing that these findings primarily represent the self-perception of inter-organizational bullying among small service providers and may not capture other viewpoints or aspects of the industrial sector. Replicating this study in different sectors could enhance the generalizability of the conclusions drawn.Practical implicationsThis analysis is valuable in understanding what constitutes the phenomenon referred to as inter-organizational bullying. It also assists to understand the conditions when large firms exhibit such behaviours and their implications on the well-being of relevant stakeholders.Social implicationsFirstly, the business partners should maintain a healthy relationship if they want to avoid incidents of bullying, which can harm the performance of the relationship. In doing so, they need to reduce the level of uncertainty in their business relationships through the transparent information exchange, formulating commonly agreeable contracts and enhancing communication procedures. They also need to put aside their self-interest, but rather strive for achieving results that will be beneficial to both parties.Originality/valueThis exploratory study offers a novel and unexplored way of theorizing inter-organizational bullying, as well as uncovering its antecedents and impacts on the welfare of small businesses, particularly small service providers.

First experience in endoscopic lung volume reduction with the FreeFlow Coil #4: A case series with three patients

Lung volume reduction therapy is an established treatment for patients with severe emphysema of the lung. In Germany, the treatment with nitinol coils is the only method for endoscopic lung volume reduction in patients with positive collateral ventilation approved by the Gemeinsamer Bundesausschuss. Therefore this procedure can be performed as standard-of-care and has assured reimbursement. After the production of the initial coils was stopped for years, when the only manufacturer had been bought by a large corporation, by the end of 2022 there was a new nitinol-coil, the so called Coil #4, becme available in the European market. The new Coil #4 has a different shape, different application catheter and the implantation procedure differs from that of the original product. We report our experience in endoscopic lung volume reduction with the new Coil #4 in three patients with emphysema. The procedure was performed without complications. All three of them showed improvement in lung function parameters meeting minimal clinically important differences. In two of three patients, we also saw clinically relevant improvement in the 6MWT distance und improvements in SGRQ und CAT-Score. In our opinion, this case series is just a prospect of the possibilities that come with the Coil #4. With due caution, we will continue to offer the Coil #4 as a treatment for selected patients under constant evaluation of the outcome until more data is available.

AN EFFICIENT MACHINE LEARNING-BASED DETECTION AND PREDICTION MECHANISM FOR CYBER THREATS USING INTELLIGENT FRAMEWORK IN IOTS

The dangers that Internet of Things (IoT) devices pose to large corporate corporations and smart districts have been dissected by several academics. Given the ubiquitous use of IoT and its unique characteristics, such as mobility and normalization restrictions, intelligent frameworks that can independently detect suspicious activity in privately linked IoT devices are crucial. The IoTs have led an explosion in traffic through the network, bringing information processing techniques for attack detection. The increase in traffic poses challenges in detecting attacks and differentiating traffic that is harmful. In this work, we have proposed a mechanism that uses the standard algorithms in a system that is designed to detect, track, measure and identify online traffic from organizations with malignant transmission: Random Forest (RF), gradient-boosted decision trees (GBDT), and support vector machines (SVM) gives an optimal accuracy of 80.34%,87.5%, and 88.6% while the random forest-based supervised approach is 5.5% better than the previous techniques. To facilitate comparisons between training time, prediction time, specificity, and accuracy, the proposed approach leverages the NSL KDD dataset accuracy.