Enterprise Value Creation Research Articles

Environmental, Social, and Governance Performance, Platform Governance, and Value Creation of Platform Enterprises

Under the concepts of sustainable development and a sharing economy, the ESG performance of platform enterprises has played a significant role in measuring the operating status and responsible investment of platform enterprises. Platform enterprises have different typical characteristics from traditional enterprises. The mechanisms of ESG and financial performance needs to be further explored. The empirical analysis finds that: (1) the ESG performance of platform enterprises and its S index and G index has a positive impact on corporate financial performance. (2) Media attention plays a positive moderating role between the ESG and ROA. (3) Platform data governance and platform reputation governance are two internal and external paths for platform enterprises’ ESG performance to improve financial performance. (4)There is heterogeneity in the relationship between ESG and ROA in terms of platform enterprise scale and platform type. Based on the above conclusions, this paper provides reference experience for the ESG governance and value creation of platform enterprises.

Enterprise value creation effects of artificial intelligence technology from the perspective of digital agility: evidence from China

ABSTRACT As a pivotal technology driving the latest wave of technological revolution and industry transformation, artificial intelligence (AI) is permeating the processes of business operations widely. Grounded in the dynamic capability theory, the research use Word2Vec and Python to extract metrics for AI technology from annual reports of Chinese A-share listed companies from 2012 to 2022. This research empirically investigates the impact of AI technology on the level of enterprise value creation. The findings reveal that the application of AI technology by listed companies significantly enhances their value creation, a conclusion that remains robust following various endogeneity and robustness tests. AI technology empowers enterprise value creation through the mechanisms of sensing, integrating, and restructuring digital agility. Furthermore, the value-creation effect of AI technology is more significant in manufacturing and the eastern region. The results elucidate the logic behind the influence of AI technology on enterprise value creation and provide practical support for organisations in implementing AI strategic planning and decision-making.

Factors influencing value co-creation in cultural and creative enterprises: An empirical study

The empirical validation of the relationship among the capabilities of cultural and creative enterprises (CCE), customer co-creation value, and enterprise value remains insufficient. Therefore, clarifying the essential capabilities for increasing enterprise and customer value is essential. This study explores the factors that influence value co-creation in cultural and creative enterprises and examines how this influences enterprise and customer value. To measure this, a structured questionnaire was distributed to cultural and creative practitioners in Shanghai, China, and AMOS 24.0 was used for structural equation modelling of the obtained survey data. The results confirm the positive impacts of cooperative innovation capability, customer-linking, and service capability on creating enterprise and customer value. Additionally, the results indicate an interactive relationship between enterprise value creation and customer co-creation value in this context. This study provides management insights for product innovation and to enhance customer service and competitive advantage.

Corporate governance and stakeholder engagement in Nigerian enterprises: A review of current practices and future directions

This paper provides an in-depth analysis of corporate governance and stakeholder engagement practices within Nigerian enterprises, highlighting current trends and proposing future directions for improvement. In Nigeria, as in many emerging economies, effective corporate governance and stakeholder engagement are critical for sustainable business success, investor confidence, and overall economic development. The review begins by outlining the regulatory framework governing corporate governance in Nigeria, emphasizing the role of legislation, regulatory bodies, and corporate governance codes in shaping organizational practices. It identifies key stakeholders, including shareholders, employees, customers, communities, and government entities, and underscores the importance of engaging with each group to ensure transparency, accountability, and ethical conduct. The paper evaluates current corporate governance practices in Nigerian enterprises, emphasizing strengths such as board composition, financial reporting, and compliance mechanisms, while also addressing weaknesses such as board independence, executive compensation, and risk management frameworks. It explores the impact of cultural, social, and economic factors on governance dynamics, acknowledging the need for context-specific approaches tailored to Nigeria's unique business environment. Investing in stakeholder engagement initiatives that prioritize dialogue, collaboration and shared value creation, aligning business objectives with societal needs and expectations. Incorporating technology-driven solutions to facilitate real-time communication and feedback loops with stakeholders, leveraging digital platforms for transparent and responsive engagement. Overall, this paper underscores the importance of effective corporate governance and stakeholder engagement in driving long-term value creation and sustainable development in Nigerian enterprises. By embracing best practices and embracing stakeholder-centric approaches, organizations can foster trust, resilience, and prosperity in an increasingly complex and interconnected global landscape.

Mapping the social value creation of renewable energy enterprises in a social open innovation milieu

PurposeAs the backbone of the social open innovation (SOI) system, social enterprises (SEs) are the key drivers of social value creation (SVC). However, at the micro-level, research in this area is lacking, as attention is scantly paid on the comprehensive capabilities of renewable energy enterprises, their industrial heterogeneity and heterogeneous social connections, including bricolage and utility innovation. Drawing from the social resource-based view theory and institutional theory, the research investigates SOI effect on SVC, the moderating role of social ties (ST) and entrepreneurial bricolage (EB) mediation.Design/methodology/approachThe research methodology encompassed several key steps. Initially, a research framework was constructed based on a comprehensive literature review. Subsequently, data were collected by surveying 133 middle to senior-level managers. To assess the proposed hypotheses, a structured equation modeling analysis was conducted using a two-stage approach, which involved partial least squares and hierarchical regression techniques.FindingsThe study reveals that SOI affects SVC significantly, and SOI positively impacts EB. Furthermore, political ties strengthen the positive impact of SOI on EB. Moreover, EB positively impacts SVC. Additionally, EB mediates the relationship between SOI and SVC.Research limitations/implicationsFirstly, the measurement of variables relies on a subjective approach. Future research could employ a quantitative comprehensive index evaluation method of assessment, thereby providing additional validation for the authors' findings. Secondly, although cross-sectional data can be utilized to explore the relationships between variables, there may be inherent biases in the results. Therefore, longitudinal data collection in future research would enable the observation of the long-term effects of SOI and EB on SVC and ST. Thirdly, it would be beneficial to examine other potential factors that could contribute to a more comprehensive understanding of the mechanisms linking SOI to SVC.Practical implicationsFirst, the study underscores the significance of EB in the interplay between SOI and SVC. By embracing innovative approaches and fostering collaborations, SEs can harness EB as a powerful tool for achieving their social missions while overcoming resource constraints. Second, it is imperative for managers to foster a conducive environment for SVC within their organizations, characterized by network ties and partnerships. Simultaneously, they should proactively drive ST initiatives and remain attuned to evolving changes in external environmental laws and regulations. Third, the Malagasy government is actively advocating for social interventions and the establishment of social milieus reminiscent of corporate social responsibility.Social implicationsThis study emphasizes the importance of ST and recognizes the pivotal role of EB in generating social value within an ecosystem that supports SOI. SEs can create lasting positive impacts on society (e.g. improving access to electricity) by embracing these principles and collaborating with stakeholders.Originality/valueThese findings serve to enhance the underlying theoretical context of social entrepreneurship, propose nuanced insight into the methodologies for implementing SVC within the context of renewable energy enterprises and make significant contributions to the ongoing progress of research in the domains of open innovation and social entrepreneurship.

National Audit and Value Creation in State-Owned Enterprises—A Case Study of Xi'an XD

National Audit and Value Creation in State-Owned Enterprises—A Case Study of Xi'an XD

Unveiling the Impact of Value Propositions on Value Creation in Chinese Health Service Enterprises: A Customer Participation Perspective

This research investigates the impact of value propositions in Chinese health service enterprises on value creation, with a focus on customer participation as a mediating variable. Employing a dual dimension framework, the study identifies three formal stages in the value creation process: labor production, circulation and exchange, and consumption experience. Through empirical analysis involving 303 valid questionnaire responses, it was found that value propositions exert direct or indirect influence on value creation, mediated by customer participation. Furthermore, customer perceived value was found to positively moderate the relationship between customer participation and value creation. Practical implications suggest the importance of prioritizing use value creation, establishing mechanisms to address contract violations, and reshaping societal expectations towards value. However, limitations include potential oversight of implicit value propositions and challenges in quantitatively measuring usage value. Future research may explore alternative data sources and refine measurement techniques for a deeper understanding of value creation in service industries.

Exploring Innovation Paths for Enterprise Value Creation from the Perspective of Capital Control

Exploring Innovation Paths for Enterprise Value Creation from the Perspective of Capital Control

Impact of Management Philosophy and Organization on China Technical Xiaomi Company

The management philosophy and organization of the XIAOMI firm is a statement or approach that affects how a manager leads their team, organization, and makes decisions. With the development of Mobile technology, digital technology, cloud computing and other new technologies, how to impact of management philosophy on XIAOMI Firm. Furthermore, through a series of research investigations and analyses, few people deeply analyze the relationship between the intelligent ecological chain, business ecology, and enterprise value enhancement. In the research on enterprise value enhancement and digital transform, few people have thoroughly analyzed the relationship between the intelligent ecological chain, business ecology, Mobile technology, and enterprise value. How to management accounting and management organization in XIAOMI firm, this is important requestions for us. This paper aims to conduct an in-depth study of enterprise value creation in the development of an intelligent ecological chain. Meanwhile, by analyzing the process of developing Xiaomi's intelligent ecological chain and mobile digital technology, it is hoped that the relevant theoretical systems of the ecological chain of different Internet companies can be enterprises can be further improved, and the development of Internet enterprises can provide a viable theoretical foundation. The research of this paper mainly uses the method of qualitative analysis to conduct research and analysis, and concludes Impact of Management Philosophy on XIAOMI firm. otherwise, you will need to edit your abstract accordingly. In additional, through a series of research investigation and analysis, we can see that the upload their management ideas, to stimulate a company awareness upgrade. This study uses qualitative analysis methods to describe management philosophy.

Examination of the effects of value creation, intellectual property and organizational creativity on artificial intelligence focused enterprises

PurposeAritificial intelligence (AI)-focused enterprises purpose to provide value-creating and differentiated products and services using innovative technologies. For this reason, it is aimed to examine the effects of value creation, intellectual property and organizational creativity variables to make evaluations to increase the success of such enterprises.Design/methodology/approachRandom sampling method was used in the research. The population of the research consists of AI-oriented enterprises in technoparks. On the specified days, short-term visits and surveys were conducted face-to-face. Name and similar personal information was not taken in the research and participation was made on a voluntary basis. A sample size of 500 units is a sufficient size at the 0.05 significance level. SmartPLS (4.0.8.4) licensed software was used in the research.FindingsAs a result of the collected data, it has been supported by hypotheses that value creation, intellectual property and organizational creativity have positive effects so that artificial intelligence-oriented enterprises can be successful in performance criteria.Research limitations/implicationsSince the research was conducted by collecting data from artificial intelligence-oriented enterprises in technoparks in Istanbul, it would not be correct to evaluate the analysis results by making generalizations. For this reason, it is recommended that similar studies planned to be conducted in the future should contribute to the literature by developing the research model, taking into account the limited situation in the sample.Practical implicationsAccording to the results of the analysis of the effects of value creation, intellectual property and organizational creativity in artificial intelligence-oriented enterprises, in order to increase the success of such enterprises, they should offer more value to their customers, protect their technologies and increase their innovation capacity.Originality/valueValue creation, intellectual property, and organizational creativity in AI-focused enterprises are important topics in a rapidly growing industry such as AI-focused enterprises. Therefore, a research investigating these variables together offers a different perspective than previous studies.

Sustainable value creation in multinational enterprises: The role of corporate governance actors

Multinational enterprises (MNEs) are increasingly expected to make their global operations sustainable, while overcoming important obstacles in a rugged global landscape. In this perspective article, we argue that a focus on their corporate governance (CG) actors – i.e., owners, directors, and executives – is key for understanding the premises of MNEs’ sustainable value creation. We develop an actor-centered perspective on MNEs whereby factors inherent to and surrounding CG actors – e.g., their cognition, personality, and values, as well as their interactions and governance – will determine the pervasiveness of their bounded rationality and bounded reliability, thus influencing whether, how, and under what conditions these key actors will contribute through their decisions to sustainable value creation. Our perspective advances nascent actor-centered research on MNEs’ non-market strategies, including corporate social responsibility and sustainability. Exploring the underlying mechanisms at the source of individual-level variation (next to firm-, industry-, and country-level variation) related to sustainable value creation may support theory development that can ultimately break new ground in explaining the strategic behavior and sustainable performance of MNEs. We formulate future research suggestions toward that end.

Review of organizational value of science-intensive organizations configuration models (rocket and space industry organization case)

The article studies main models for compiling organizational cost of scientific-intensive enterprises used in rocket and space industry. Practical application of the most important value configurations analysis has been carried out, as well as analysis of economic activity. The implementation potential of the most promising algorithms of value creation in knowledge-intensive enterprises of the Russian Federation has been assessed. The “Introduction” describes the latest trends in intangible asset management development. The “Research Methods” describes three configurations of value creation (chain, workshop, network) in detail. The “Research Results” describes current architecture of Roscosmos (Porter value chain and Osterwalder business model). In conclusion, the results of the work done have been summarized: relevance of these tools application and what model is best for Roscosmos to move to.

Intelligent Manufacturing and Value Creation in Enterprises: Lessons from a Quasi-Natural Experiment in a Chinese Demonstration Project

With the rapid advancement of contemporary information technologies, intelligent manufacturing has emerged as a pivotal direction in the global technological transformation. To empirically examine the impact of intelligent manufacturing on enterprise value creation, this article conducts quasi-natural experiments using Chinese intelligent manufacturing demonstration projects as a sample. Specifically, it focuses on Chinese A-share-listed manufacturing enterprises in Shanghai and Shenzhen from 2011 to 2020. According to the report, the implementation of intelligent manufacturing has a positive influence on enterprise value production. This conclusion remains robust even after undergoing a rigorous testing procedure. Mechanism analysis further reveals that alleviating financial constraints and fostering technological innovation are the two primary avenues through which intelligent manufacturing enhances enterprise value creation. Moreover, the study indicates that regions with favorable business environments experience a more conspicuous boost in enterprise value generation due to intelligent manufacturing. Additionally, businesses in the growth stage are more significantly affected by this phenomenon. Overall, this research not only contributes to the existing body of knowledge on this subject but also offers empirical evidence to support businesses in their endeavors to enhance value creation.

CEO gender and social versus economic value creation of social enterprises: an attention-based view

PurposeThis study aims to investigate the effects of CEO gender on social enterprise (SE) value creation and the moderating effect of selective attention on SEs’ dual goals (i.e. relative attention to social versus economic goals).Design/methodology/approachThe authors surveyed 596 active Taiwanese SEs to rate independent and moderating variables and received 191 responses (109 female and 82 male CEOs). The authors used external SE experts to evaluate each SE’s economic and social value creation, lowering the threat of common method bias and enhancing data quality.FindingsSocial value creation is higher with female chief executive officer (CEOs) (than with male CEOs), whereas economic value creation tends to be lower. But, attentional selection (i.e. changes in attention) to economic goals by female CEOs mitigates the negative relationship between female CEOs and economic value creation.Practical implicationsGender diversity in the top management team is critical for dual-goal attainment. Decision-makers’ attention focus could vary along with the situation to achieve the desired outcomes. Thus, creating an attention structure under a given situation may help guide the decision-making process toward the desired performance for SEs.Originality/valueLittle research brings the attention-based view to investigate the effects of managerial gender roles on the dual-goal performance (i.e. social versus economic value creation) of SEs and test its contingency, and to the best of the authors’ knowledge, this study is the first to do so. This study also adopted a unique research design asking outside SE experts to provide the performance data.

The impact of digitalization on enterprise value creation: An empirical analysis of Chinese manufacturing enterprises

This study proposes a novel production function of digital empowerment. It constructs a theoretical framework to analyze the digital enabling process for enterprises from the production factor and economic activity aspects. It uses data mining technology to measure the degree of digitalization, extracts a typical relationship model between digitalization degree and enterprise performance, and digs out the association rules among traditional factors, digital factors, and economic activities under different relationship models. The results show that the digitalization degree and the digitalization enabling the level of mechanical and electronic enterprises are higher than those of light textile enterprises and resource-processing enterprises. The substitution elasticities and the association rules among factors and activities also have enterprise heterogeneity, which leads to differences in the digital transformation paths of different types of enterprises.

Integrated reporting as a tool for increasing business information transparency in the era of digital transformation

Aim. The presented study aims to determine the information value of integrated reporting based on an analysis of information contained in the presented reporting model.Tasks. The authors analyze the content of integrated reporting; identify the information requests of its users and the use scope of data contained in it; consider the key factors of enterprise value creation reflected in integrated reporting.Methods. To analyze the content of integrated reporting, determine the information requests of its users and the use scope of its data, this study uses general scientific methods, such as examination of scientific literature, laws, and regulations, systematization of materials, analysis of schemes and comparable data presented in the form of tables, generalization and formalization of the obtained results. To identify the benefits that the company and its network receive from the transition to integrated reporting, the following general scientific methods are used: description and comparison, synthesis, detailing, abstraction, induction, deduction, systems approach, and chronological analysis.Results. A systems analysis of the integrated reporting model is performed. The components that make up the value of the organization are identified and information requests from the users of integrated reporting are determined. The use scope of public reporting data is defined. The factors of company value creation are considered. The benefits of the transition to integrated reporting are identified.Conclusions. The decision of companies to introduce integrated reporting into their accounting practices significantly contributes to increasing the transparency of the organization’s activities and improving its image, since the innovative reporting model contains information not only about the company’s performance, but also about future opportunities and threats to its development.

Research on Business Model Innovation based on Big Data Analysis in Internet Plus

Business model is considered to be the integration of enterprise economic structure, operation management and strategic management. Through the operation of business system, it can improve performance, create consumption value, build internal structure and finally form a unique competitive advantage in the market. Because the information that a natural person can use to choose investment projects is limited, the decision-making under the condition of limited information seriously affects the rational level of his investment and reduces the efficiency of his investment decision-making. As far as the development of big data in China is concerned, the Internet is the fastest field for the development and application of big data technology. Operators such as Baidu and Taobao have begun to take shape, and the services provided by them have also become the main source for the public to experience and know about big data. Based on the analysis of big data under the background of Internet, the process of enterprise value creation has been changed, and data-driven production and operation activities have been realized. At the same time, the mobile Internet has changed the interactive way among members of the value network, and made real-time and interactive value transfer possible.

Assessing Sustainable Value Creation in Social Enterprises

Assessing Sustainable Value Creation in Social Enterprises

Research on value co-creation mechanism of platform enterprises in digital innovation ecosystem: A case study on Haier HOPE platform in China.

Digital technology has given the innovation subject a new way of value creation, expanded the existing innovation ecosystem theory, and triggered scholars' in-depth thinking on the digital innovation ecosystem. Based on the event system theory and taking Haier's hope platform as a vertical case study, this paper deeply explores the research mechanism of value creation of platform enterprises in the digital innovation ecosystem, and reveals the role and impact of digital innovation ability, openness, and business innovation model on the process of co-creation. The research results show that: in the open connection stage, the platform solves the problem of weakening the advantages of the platform, and improves the innovation efficiency of enterprises by continuously improving the digital innovation ability; in the interactive and iterative stage, the platform carries out open innovation, breaks through the difficulties of platform expansion, and realizes the benign expansion of the platform. In the co-creation stage, the user experience is blocked, and the platform adopts the platform community business model to connect the user relationship and improve the user experience. In the digital innovation ecosystem, platform enterprises gradually form self-organization and self-circulation value co-creation through internal self-construction and external cooperation, and form a data-driven co-creation model.

Organisational ambidexterity and social enterprise performance: A Ghanaian perspective

Background: Despite the important role of social enterprises in addressing the gaps in social service and infrastructure provision by national governments, the organisational capabilities that make social enterprises competitive and effective are still under-researched in emerging economies.Aim: The purpose of the study is to extend the extant studies on the nexus between organisational ambidexterity and firm performance to the social enterprise context. More specifically, we draw on the Dynamic Capability Theory to investigate business-like social enterprises in Ghana and how organisational ambidexterity (i.e. exploitation and exploration) influences their social and economic performance.Setting: Organisational ambidexterity was tested on 317 randomly selected social enterprises in Ghana.Method: The study employed a quantitative research design via a survey questionnaire while the structural equation modelling technique in Analysis of a Moment Structure (AMOS) software was used to test the study’s hypotheses.Results: It was found, among other things, that both exploration and exploitation are positively and significantly related to social performance (social marketing achievement and social value creation) and economic performance (commercial marketing achievement and economic value creation) of social enterprises. That is, the simultaneous pursuit of exploitative and explorative initiatives does not decrease but increase social enterprise performance. These results defy the conventional wisdom that the trade-off between exploitative and explorative functions may decrease organisation efficiency and bring unnecessary costs.Conclusion: Organisational ambidexterity can be considered a cradle of strategic revitalisation and competitive advantage for social enterprises enhancing social and economic performance. Therefore, we suggest that social entrepreneurs should pursue exploitative and explorative ambidexterity simultaneously through appropriate structural ambidexterous mechanisms like structural separations or contextual ambidexterous mechanisms such as non-structural separations of units.