International Journal of Production Economics
With the rapid development of theories and practices in supply chain management (SCM), supply chain integration (SCI) has become a popular research topic. Many studies have examined the relationship between SCI and firm performance; however, few have investigated the enablers of SCI. Considering the important role of people in SCM, investigation of the antecedents of SCI from a human resources perspective is needed. Using the resource-based view as a theoretical lens, this study investigates the impact of human capital (e.g., organizational commitment and multi-skilling) on SCI (e.g., internal integration, supplier integration, and customer integration) and competitive performance. On the basis of data collected from 317 manufacturers in 10 countries, we test the proposed model using structural equation modeling and regression analysis. We find that organizational commitment is positively related to the three dimensions of SCI. Manager’s multi-skilling and employee’s multi-skilling are positively related to internal integration. We also find several interactive effects. The results show that internal integration is related to customer and supplier integration and that internal and customer integration are related to competitive performance. This study contributes to the SCM and human resources literature and has managerial implications for the implementation of SCI.
Supply chain integration
European Management Journal
Decision making has been studied from various angles and perspectives. Despite much progress, the role of paradox and the ways it reveals itself in decision making has received little attention. Perhaps, part of the reason is that paradox has been studied in the West based on the analysis of Western managers’ activities while neglecting the fact that in the East, and especially in China, paradox has always been integral to managerial decision making. This “viewpoint” article seeks to highlight China as an important research setting that could add impetus to the study of paradox and decision making. It sheds light on questions such as: What do we know about paradox today and how do Western scholars treat this notion? What does research say about decision making in China? Is there a potential to get a better understanding of the concepts of paradox if study it in decision making in China?.
We document that the accrual anomaly is mitigated for firms followed by experienced analysts, suggesting a positive link between analyst quality and stock price efficiency. We examine two channels through which analysts may improve price efficiency — the research and monitoring channels. We find analysts and investors respond more positively to the accrual component of earnings for firms followed by experienced analysts, consistent with the monitoring channel, whereby experienced analysts bring about better accrual quality. Direct examination of accrual quality confirms that firms followed by experienced analysts have higher accrual quality; this holds around exogenous events of broker mergers and closures.
This paper attempts to formalize the transaction cost theory of the firm. Building on the formal approach of Grossman and Hart (1986), a model is developed to capture the essential elements of the transaction cost theory, particularly those that are distinct from the formal property rights theory (PRT). In contrast to the PRT model, ours focuses on specific investments in alienable assets and ex post transactional inefficiencies. We define integration of two firms to imply common ownership of alienable assets from both firms, which entails control rights over the use of the assets as well as claims on their residual value. One important advantage of the model is its ability to deal with integration between non-owner-managed firms.