Way For Enterprises Research Articles

The Impact of Private Entrepreneur’s Religious Beliefs and Political Identity on the Corporate Philanthropy Donations

Corporate philanthropy donations act as one of the important ways for enterprises to fulfill their social responsibilities. There are many factors that influence corporate charitable donations, and one of which is the entrepreneur's personal characteristics. This study discusses the influence of private entrepreneurs’ religious beliefs on corporate philanthropy, and further analyzes the regulating effect of entrepreneurs’ political identity on religious beliefs and corporate philanthropy. Through face-to-face in-depth interviews with 11 charitable entrepreneurs in 11 cities of 10 provinces in China, applying continuous analytic induction, combined with NVIVO software for three-level coding, it can be concluded that the religious beliefs of private entrepreneurs have no absolute effect on corporate philanthropy, but entrepreneurs with religious beliefs are all keen on philanthropy; and their political identities of having a positive impact on corporate philanthropy. For entrepreneurs without political identities, their religious beliefs have a positive impact on corporate philanthropy, while for entrepreneurs with political identities, there is a stronger positive correlation between their religious beliefs and corporate philanthropy. The research results help to further understand the motivation for charitable donations of private enterprises, and play a practical guiding role in promoting the development of private corporate philanthropy.

Evaluation method of path selection for smart supply chain innovation

The smart supply chain innovation (SSCI) has become the key way for enterprises to enhance their competitiveness. Therefore, it is very important for the current supply chain enterprises to choose a reasonable innovation path. Through the literature review method, this paper summarizes the four main evaluation indicators of path selection for smart supply chain innovation, which are technical indicators, organizational environment indicators, operational efficiency indicators, risk prevention and control indicators. According to the characteristics of evaluation index, the improved Fuzzy Entropy-Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method is proposed. This method considers the situation that the original data contains both interval value and fixed value data. Firstly, the standardized decision matrix is constructed, and then the optimal index weight is established by Fuzzy Entropy method. Secondly, this paper calculates the weighted decision matrix by using the method of sub item weighting of hierarchical indicators. Finally, the improved TOPSIS method is used to determine the relative closeness of each scheme. According to the weighted decision matrix, the innovation path index of the smart supply chain (SSC) is further calculated. We use the actual case of a company to analyze the evaluation method for three different SSCI paths. This paper provides a reference for the path selection of SSCI from the aspects of theory and practice.

Evaluation of Low-Carbon Competitiveness Based on a System Evaluation Method: A Case Study of Three Chinese Steel Companies

Low-carbon competitiveness is an effective way for enterprises to remain relevant in the global green economy agenda. The low-carbon footprints of firms are not only reflected in their carbon-tangible assets but also in carbon-intangible assets. Thus, carbon-intangible assets also play a crucial role in firms’ emission mitigation and environmental conservation capacity. Several forms of carbon-intangible assets may constitute an integrated system that shapes the low-carbon performance of enterprises. Therefore, firms’ low-carbon competitiveness can be evaluated by studying the distribution of individual carbon-intangible resources and the composite shape of such assets. Based on this idea, this paper explored the dimensions through which carbon-intangible assets contribute to low-carbon competitiveness. By determining the location and distribution of each carbon-intangible asset in its value space, we proposed a multidimensional evaluation technique with three dimensions including realistic, sustainable, and inimitable value. Herein, the idea of value space of carbon-intangible assets has been contributed to the extant literature. Finally, to apply our evaluation index system, we selected three Chinese steel companies to serve as the research sample and evaluated their low-carbon performances. The main contribution of this study is the development and application of a novel multidimensional low-carbon evaluation method. This technique will not only help governments as well as the academics to effectively determine the low-carbon level of enterprises but also helps managers to fully grasp the trends of low-carbon competitiveness and thereby take some targeted measures to improve their firms’ performance.

Inclusiveness in the Top Management Team: Facilitation or Obstruction to Enterprise Performance?

In recent years, with the deepening of Chinese enterprises’ participation in the global value chain, their top management teams pay more and more attention to improving their own diversification level. The number of executives with foreign nationalities and overseas study experiences in the top management team of listed companies is increasing. This is not only related to the pressure of institutional legitimacy faced by Chinese enterprises entering other countries, but also an important way for enterprises to obtain diversified knowledge and experience of other countries. Inclusiveness in the top management team is a follow-up study based on the diversity and heterogeneity of top management team composition, which provides a deeper explanation for the internal mechanism of strategic decision-making and formulation of diversified teams. However, heterogeneity is still the dimension of considering the characteristics of the top management team, and it does not involve the psychological or cultural categories such as team atmosphere, which is an important defect for the Chinese situation that emphasizes Confucian culture. Therefore, in the context of western scholars trying to expand the research of diversity management by introducing inclusiveness, Chinese scholars are also actively introducing inclusiveness into the field of organizational research. Most of the existing studies use methods such as questionnaire survey, which restricts the research on the samples of the top management team of listed companies. By constructing a variable that can reflect the inclusiveness in the top management team, this paper uses the second-hand data based on the annual reports of listed companies to measure the level of inclusiveness in the top management team, which provides a useful exploration for the research of inclusiveness in the top management team of listed companies, and finds the nonlinear influence（U-shaped relationship）of inclusiveness in the top management team on organizational performance, which means that there is a so-called “inclusiveness trap” in the top management team. Only when the top management team continues to increase the degree of inclusiveness and cross the trap, can it promote enterprise performance to rise. This paper expands the understanding of the relationship between inclusiveness in the top management team and organizational performance, and analyzes the two possible mechanisms of this phenomenon, so as to deepen the practical significance of relevant research. It also suggests that Chinese enterprises in the process of internationalization should strengthen their confidence and make efforts to push forward when their performance inevitably declines due to the improvement of inclusiveness. After crossing the “inclusiveness trap”, a win-win situation of both inclusiveness and enterprise performance is forthcoming.

Identifying the key factors of subsidiary supervision and management using an innovative hybrid architecture in a big data environment

In a highly intertwined and connected business environment, globalized layout planning can be an effective way for enterprises to expand their market. Nevertheless, conflicts and contradictions always exist between parent and subsidiary enterprises; if they are in different countries, these conflicts can become especially problematic. Internal control systems for subsidiary supervision and management seem to be particularly important when aiming to align subsidiaries’ decisions with parent enterprises’ strategic intentions, and such systems undoubtedly involve numerous criteria/dimensions. An effective tool is urgently needed to clarify the relevant issues and discern the cause-and-effect relationships among them in these conflicts. Traditional statistical approaches cannot fully explain these situations due to the complexity and invisibility of the criteria/dimensions; thus, the fuzzy rough set theory (FRST), with its superior data exploration ability and impreciseness tolerance, can be considered to adequately address the complexities. Motivated by efficient integrated systems, aggregating multiple dissimilar systems’ outputs and converting them into a consensus result can be useful for realizing outstanding performances. Based on this concept, we insert selected criteria/dimensions via FRST into DEMATEL to identify and analyze the dependency and feedback relations among variables of parent/subsidiary gaps and conflicts. The results present the improvement priorities based on their magnitude of impact, in the following order: organizational control structure, business and financial information system management, major financial management, business strategy management, construction of a management system, and integrated audit management. Managers can consider the potential implications herein when formulating future targeted policies to improve subsidiary supervision and strengthen overall corporate governance.

Performance Evaluation of Enterprise Supply Chain Management Based on the Discrete Hopfield Neural Network.

In order to make up for the shortcomings of current performance evaluation methods, this paper proposes a new method of enterprise performance evaluation, discusses the construction principle of the evaluation index, and proposes a method of enterprise supply chain overall performance evaluation based on the discrete Hopfield neural network (DHNN) algorithm. Enterprise supply chain (SC) is an important way for enterprises to conduct business with other strategic partners in the market, and the improvement of SC performance is an important way to improve the core competitiveness of enterprises, so it is of great value to study the performance evaluation and index design of the enterprise SC. This method calculates the level value of the overall performance of the SC. This level value is a value between 0 and 1. The higher the value, the higher the overall performance level of the SC. Therefore, when evaluating the overall performance of the SC, appropriate index weights must be selected according to the characteristics of the industry, which helps to objectively evaluate the overall performance of the SC.

Research on the Innovation of Supply Chain Financial Operation mode in the Pharmaceutical Circulation Field---Taking the Accounts Receivable Securitization as an Example

In recent years, the scale of China’s pharmaceutical circulation market has continued to expand, and the government has issued relevant policies to regulate the market. For example, the implementation of two-vote system has led to the increase of accounts receivable of pharmaceutical circulation enterprises year by year with a decrease of accounts receivable turnover rate and an increasing pressure of capital turnover. The enterprise accounts receivable securitization is an important way for enterprises to broaden financing channels, reduce financing costs, revitalize existing assets and improve the efficiency of asset use, while the securitization of statement type assets is the only standardized financial tool to reduce the leverage ratio of enterprises and realize financial optimization. Asset securitization can relieve the pressure of capital turnover and reduce the cost of financing. The case analysis part of this paper analyzes the factors that promote the financial innovation of enterprise’s supply chain from the macro and micro perspectives. And also from the perspective of the capital demand of upstream and downstream enterprises, this part analyzes the motivation of developing supply chain financial innovation. the innovation of supply chain financial operation mode.

The Design Path of the Project Income Dividend Plan of the State-owned Technology Enterprise

Project income dividend is one of the medium and long-term incentive methods commonly used by conventional technology enterprises, and it is also an important way for enterprises to stimulate technological innovation. In recent years, the number of state-owned technology-based enterprises that have distributed project income dividends has gradually increased, and they have all achieved good results. This article summarizes and sorts out the operating steps and common risks of project income dividends through analysis of the policy and practice of state-owned technology-based enterprise project income dividends. It provides an effective reference for the state-owned science and technology enterprises to carry out project income dividends.

The Impact of Competitive Strategy on Profitability in the Context of COVID-19: A Case Study of McDonald’s

In the context of the outbreak of COVID-19, public life and corporate profits have been influenced greatly. This paper takes McDonald’s as the case study object to explore the impact of competitive strategy on corporate profitability. Through investigation, it is found that McDonald’s profitability and operation are generally good due to its accurate competitive strategic positioning. However, under the impact of COVID19, the profit is slightly weak. Therefore, the paper helps clarify the concept that a reasonable competitive strategy has a positive effect on the profitability of enterprises. At the same time, this paper puts forward some views on the implementation of the strategy for the enterprises that take McDonald’s as the typical one to implement the cost leadership strategy. Besides, this paper also makes an appropriate extension on how enterprises should respond to such crisis situations as COVID-19 at the level of competitive strategy, which provides a new way for enterprises to get through the crisis.

КОМУНІКАЦІЙНА СИСТЕМА СУЧАСНОГО ПІДПРИЄМСТВА В УМОВАХ РОЗВИТКУ ЦИФРОВОЇ ЕКОНОМІКИ

The article considers the communication system of a modern enterprise in the conditions of digital economy development. It was found that in conditions of limited own funds and the problem of attracting foreign investment in enterprises should seek reserves of product, marketing and organizational innovations in unlocking the potential of knowledge of their own employees, where communications are one of the most important factors of success. It is proved that modern digitalized enterprises are forced to pay much attention to horizontal communications, which is primarily due to the processes of creating new products, which requires the integration of marketing, production and R & D. The information-technological way of enterprises to digital communications is singled out. The set of factors influencing the transition of enterprises to the digital economy and digitalization of their communication systems has been studied. It is established that the first factor is the increase in the intensity of communications, both business and personal; the second factor is the automation of interactions in real time (online), which leads to the replacement of IT and digital platforms of the usual means of establishing business relationships; The third factor in the transition of enterprises to digitalization is the processing of information resources online to increase economic efficiency in almost all types of economic activity. The scale and speed of communication interactions between enterprises in the conditions of digitalization are allocated. The combination of accumulated IT technologies, including user and corporate computing devices, the volume and quality of Internet connections with various systems and Internet services leads to the fact that the systems accumulate inaccessible to date digital data. It is established that the definition of the communication system steadily increases with the evolution of enterprise theory. It was found that the communication system is a necessary element of a holistic approach to enterprise management, which is recognized as the foundation for the successful development of socio-economic systems. The basis of a modern enterprise, which is common to the digital economy, is its reproductive essence, which determines the specifics of the work on the potential of the enterprise.

Research on the influence of relation embeddedness on innovation performance of manufacturing supply chain alliances using expert fuzzy rule –intermediary role of shared mental model

The innovation and development of manufacturing supply chain alliance is an important way for enterprises to meet the increasing market demand and maintain the competitive advantage. From the perspective of embeddedness, the research model of relation embeddedness on innovation performance of manufacturing supply chain was constructed based on AMOS. Shared mental model was selected as intermediary variable to study the influence of relation embeddedness, shared mental model and innovation performance of manufacturing supply chain alliances. Expert fuzzy rule based system is utilized for measuring the performance of manufacturing supply chain alliances. The conclusion shows that relation embeddedness is significantly positive shared mental model and innovation performance. Shared mental model is positively affects alliance innovation performance and plays a part of intermediary role between relational embedding and alliance innovation performance. Practice implicates that enhance the level of relation embeddedness can promote the formation of shared mental model and improve the innovation performance of manufacturing supply chain alliance.

Exploring the influence of resource management between green innovation strategy and sustainable competitive advantage: the differences between emerging and traditional industries

Green innovation strategy is an essential way for enterprises to deal with the deteriorating ecological environment. However, the existing studies pay little attention to the affect path of green innovation strategy on sustainable competitive advantage, and the differences among different industries are not yet clear. In order to solve these problems, from the perspective of resource management, this paper puts forward a theoretical framework on the affect path of green innovation strategy on sustainable competitive advantage at different industry dynamic levels. We selected 210 enterprises in traditional industries and 219 enterprises in emerging industries, and used multiple hierarchical regression methods for empirical testing to reveal the important role of the two core ways in resource management (resource integration and reconfiguration). This study extends the theory of strategic management and sustainable competitive advantage, and provides a useful reference for enterprises to practice green behaviour.

The Spread of Information in Virtual Communities

With the growth of online commerce, companies have created virtual communities (VCs) where users can create posts and reply to posts about the company’s products. VCs can be represented as networks, with users as nodes and relationships between users as edges. Information propagates through edges. In VC studies, it is important to know how the number of topics concerning the product grows over time and what network features make a user more influential than others in the information-spreading process. The existing literature has not provided a quantitative method with which to determine key points during the topic emergence process. Also, few researchers have considered the link between multilayer physical features and the nodes’ spreading influence. In this paper, we present two new ideas to enrich network theory as applied to VCs: a novel application of an adjusted coefficient of determination to topic growth and an adjustment to the Jaccard coefficient to measure the connection between two users. A two-layer network model was first used to study the spread of topics through a VC. A random forest method was then applied to rank various factors that might determine an individual user’s importance in topic spreading through a VC. Our research provides insightful ways for enterprises to mine information from VCs.

The Impact of Startups’ Dual Learning on Their Green Innovation Capability: The Effects of Business Executives’ Environmental Awareness and Environmental Regulations

Under the environment of a green economy, green innovation serves as the only way for enterprises to grow, upgrade their competitiveness and seek continued business. Based on a questionnaire survey of 212 enterprises established within 4 years in the Pearl River Delta of China, this research utilizes structural methods to analyze the impacts of exploratory and applied learning (dual learning) on green innovation capability and verifies the environmental protection awareness of senior executives and the adjustment effects of environmental regulation. The results suggest that (1) exploratory and applied learning have a positively significant impact on green innovation capability; (2) under the regulation of environmental protection awareness of internal executives, there are differences in green innovation capabilities under the dual influences of exploratory and applied learning; and (3) under the adjustment of external environmental regulation, there are differences in green innovation capabilities under the dual influences of exploratory and applied learning. The findings indicate that new start-up ventures should raise awareness of environmental protection among senior executives under dual learning and perceive the changes of the government’s environmental regulations to enhance their green innovation capabilities.

Performance Management Evaluation of Port Enterprises in a Low-Carbon Environment

Wang, X. and Han, Y., 2020. Performance management evaluation of port enterprises in a low-carbon environment. In: Gong, D.; Zhang, M., and Liu, R. (eds.), Advances in Coastal Research: Engineering, Industry, Economy, and Sustainable Development. Journal of Coastal Research, Special Issue No. 106, pp. 334–337. Coconut Creek (Florida), ISSN 0749-0208.With increasing attention to environmental protection, building a low-carbon environment has become a global development trend. For the port industry, it is the only way for enterprises to adapt to the global economic changes. Therefore, port enterprises should actively use the new development mode of low-carbon economy in enterprise management so as to solve the problems of transformation and upgrading, energy conservation, and emission reduction. On this basis, this paper first introduces the theoretical basis of port enterprise performance management in a low-carbon economy, then analyzes the impact of a low-carbon environment on port enterprises, and finally studies the construction method of a port enterprise performance management system in a low-carbon environment.

Environmentally Specific Transformational Leadership and Employee's Pro-environmental Behavior: The Mediating Roles of Environmental Passion and Autonomous Motivation.

Organizational management practices in promoting sustainable development of the ecological environment are becoming a crucial way for enterprises to gain competitive advantages. However, whether the goal of such practices can be achieved depends on employees’ perception of environmental problems and the way they act. Therefore, it is important to stimulate employees’ pro-environment behaviors through management activities. Building on affective events theory and self-determination theory, we examined the effect of environmentally specific transformational leadership on employees’ pro-environmental behaviors (PEBs), as well as the potential mediating effects of environmental passion and autonomous motivation. A cross-sectional survey was conducted among 214 employees in China. Structural equation modeling was performed to test the theory-driven models. The results showed that environmentally specific transformational leadership positively predicted employees’ PEBs, and that environmental passion and autonomous motivation mediated this relationship, respectively. Furthermore, multiple-mediating testing results showed that environmental passion and autonomous motivation played sequential mediating roles in the link of environmentally specific transformational leadership to PEBs. This research unveiled environmental passion and autonomous motivation as underlying mechanisms that accounted for the link between transformational leadership and PEBs.

Does M&A Financing Affect Firm Performance under Different Ownership Types?

Mergers and acquisitions (M&A) are an essential way for enterprises to achieve sustainable development. As large sums of money are typically involved in M&A transactions, financing is a vital factor in outcomes. This study examines the relation between equity and debt financing of M&A on subsequent performance, and the effect of ownership (state-owned enterprises versus private-owned enterprises) on M&A performance in China. We are motivated to examine the relation between financing methods and M&A performance in China because the differences in ownership, resource availability and policy support by the government for many firms may affect subsequent performance. Using a large sample of Chinese A-share listed companies between 2009 and 2016, we find that equity-financed M&A transactions lead to significantly better performance than debt-financed transactions. Equity-financed M&A transactions of state-owned enterprises (SOEs) perform significantly better as compared to debt-financed M&A, whereas equity-financed M&A transactions of private-owned enterprises (POEs) have little effect on their performance. This study extends our insights into the relation between M&A financing types and firm performance under different ownership types in the context of emerging markets.

An Evaluation Study of the Capabilities of Civilian Manufacturing Enterprises Entering the Military Products Market under the Background of China’s Civil–Military Integration

As the Chinese government has clearly put forward the development of civil–military integration (CMI) as a national strategy, civilian manufacturing enterprises entering the military products market (CMEE-MPM) can effectively improve China’s national defense science and technology capabilities and can also be an effective way for enterprises to enhance their sustainable development capabilities. However, due to the high standards and strict requirements of the national defense industry for supplier review, civilian manufacturing enterprises must evaluate their CMEE-MPM capabilities. In this study, a new evaluation and consideration model is proposed. Enterprises that plan to enter the military product market can use this model to evaluate their own CMEE-MPM capabilities. The evaluation model framework is composed of three successive parts: constructing an evaluation indicator system according to experts and enterprise experiences, calculating the weight of the indicators using an analytical hierarchy process (AHP), and evaluating CMEE-MPM capabilities using the method of fuzzy comprehensive evaluation. Finally, this study verifies the feasibility of the application of the above model by measuring the capabilities of a civilian manufacturing enterprise that wants to enter the military products market in Harbin, China. The results show that the indicator system constructed in this paper can effectively evaluate CMEE-MPM capabilities. The findings of this research can be used as a reference for the decision making of civilian manufacturing enterprises regarding whether or not to enter the military products market, and then promote the sustainable development of enterprises.

The strategy of marketing as a tool of competitiveness management

Introduction. Efficient management is the necessary component of improving the efficiency and production competitiveness, creation, development and realization of competitive advantages of enterprises in the market conditions. In order to exist the enterprise must clearly define and perform its mission. Competition encourages the enterprise to think of effective means to accomplish its mission and its competitive status. The main task of marketing strategy isthe competitive advantageformation. Thus, definite mission, competitive status and competitive advantage, the principles, rules, norms andthe firm’sobjectivesgive a stable basis for making any decisions in the organization and development of the strategy integrity that is acceptable for the external and the internal enterprise environment. Purpose. The purpose of the article is to find the strategic basis of marketing to manage the competitiveness of the enterpriseeffectively. Methods. The methods of abstraction, analysis, idealization, systematization, institutional analysis are used in the research work. Results. The mathematical model of the indicator which characterizes the economic return from the rational formation and the application of the marketing mechanism in combination with the material-resource potential and real potential capabilities of the organization are proposed for consideration. The application of the proposed model allows to calculate the parameters of the organization competitiveness in the following sequence: product competitiveness, enterprise competitiveness, industry competitiveness. Perspectives. It is necessary to find and approve new ways of enterprises’ competitivenessenhancement that consider the sectoral and regional peculiarities of the developmentin the current situation. In our opinion, it is necessary to implementthe positive experience of foreign countries in improving the competitiveness of the economy, in particular, cluster theory of the economic development.

Boundary-Spanning Search for Knowledge, Knowledge Reconstruction and the Sustainable Innovation Ability of Agricultural Enterprises: A Chinese Perspective

Boundary-spanning search for knowledge is an effective way for enterprises to acquire heterogeneous knowledge, and is also an important pre-stage to realize effective knowledge reconstruction. Based on the boundary-spanning search for knowledge theory, this paper studies the relationship between boundary-spanning search for knowledge and the sustainable innovation ability of agricultural enterprises considering the influence of organizational knowledge reconstruction, from a Chinese perspective. A questionnaire survey on agricultural enterprises mainly from Southeast China is conducted, and the hierarchical regression analysis method is utilized to verify five research hypotheses. The results mainly show that (1) boundary-spanning search for technology knowledge (BSSTK) and boundary-spanning search for market knowledge (BSSMK) both have a significant positive impact on the sustainable innovation ability of an agricultural enterprise; (2) organizational knowledge reconstruction plays a partial intermediary role between boundary-spanning search for knowledge (including BSSTK and BSSMK) and the sustainable innovation ability of an agricultural enterprise. From the perspective of boundary-spanning search for knowledge, this paper provides theoretical support for the promotion of sustainable innovation of an agricultural enterprise, which contributes to improving the economic sustainability of agriculture to some extent.