Managerial and Decision Economics最新文献_第4页

Technology innovation decision-making and optimal government subsidy strategy with endogenous bargaining power in a vertical supply chain 纵向供应链中具有内生议价能力的技术创新决策和最优政府补贴策略

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-08-26 DOI: 10.1002/mde.4351

Junlong Chen, Zuli Han, Xiaomin Sun, Jiali Liu

引用次数: 0

State-owned equity and innovation performance of mixed-ownership enterprises in China: The moderating effect of marketization 中国混合所有制企业的国有股权与创新绩效：市场化的调节作用

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-08-24 DOI: 10.1002/mde.4374

Liu Ning, Zhang Honglie, Lin Meng

引用次数: 0

Optimal extended warranty strategy considering channel perception and endogenous quality 考虑渠道感知和内生质量的最优延保策略

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-08-22 DOI: 10.1002/mde.4371

Keang Zhang, Tao Zhang, Shang Gao

引用次数: 0

The CO2 cost pass-through and market power in emission trading schemes with vertical relations 具有纵向关系的排放交易计划中的二氧化碳成本转嫁和市场力量

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-08-22 DOI: 10.1002/mde.4356

Wenya Liu, Xusen Zhu, Zhe Chen

引用次数: 0

Supply chain financing decision with installment redemption under dynamic pledge 动态质押下分期赎回的供应链融资决策

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-08-22 DOI: 10.1002/mde.4373

Xin Cai, Dongdong Li, Jiaojie Chu, Xueyong Liu

{"title":"Supply chain financing decision with installment redemption under dynamic pledge","authors":"Xin Cai, Dongdong Li, Jiaojie Chu, Xueyong Liu","doi":"10.1002/mde.4373","DOIUrl":"10.1002/mde.4373","url":null,"abstract":"In this paper, the dynamic pledge financing decision problem of a borrowing enterprise is studied in the context of a supply chain finance system that includes a financial institution and a borrowing enterprise (small and medium-sized enterprises [SMEs]). The optimal Inventory pledge, as well as redemption decisions of the borrowing enterprise, are analyzed under the consideration of constant and changing redemption prices, respectively, and the effects of the main parameters on the optimal decisions are discussed. It found that (1) when the redemption price is constant, the borrowing enterprise's optimal quantity of inventory pledge increases as the initial inventory quantity increases or the redemption price decreases; (2) when the redemption price varies, the borrowing enterprise's optimal inventory redemption quantity decreases as the initial inventory pledge and the redemption price increase; and (3) the borrowing enterprise's redemption decision is affected by the previous period's redemption quantity and the actual sales quantity. The conclusions of this paper not only provide suggestions for SMEs to make inventory pledge financing decisions but also provide references for financial institutions to formulate relevant financing rules.","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 1","pages":"266-281"},"PeriodicalIF":2.5,"publicationDate":"2024-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142191061","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Investment in fuel-consumption reduction technologies in a vehicle supply chain under different subsidy policies: A dynamic framework 不同补贴政策下汽车供应链中的油耗降低技术投资：动态框架

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-08-20 DOI: 10.1002/mde.4365

Yongxi Yi, Meng Zhang, Yuqiong Li, Chunyan Fu

引用次数: 0

Exploring asymmetric dynamics of R&D spending and firm value nexus: Insights from panel autoregressive distributed lag analysis 探索研发支出与企业价值关系的非对称动态：面板自回归分布式滞后分析的启示

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-08-20 DOI: 10.1002/mde.4362

Navjot Kaur, Balwinder Singh

{"title":"Exploring asymmetric dynamics of R&D spending and firm value nexus: Insights from panel autoregressive distributed lag analysis","authors":"Navjot Kaur, Balwinder Singh","doi":"10.1002/mde.4362","DOIUrl":"10.1002/mde.4362","url":null,"abstract":"The present study aims to provide valuable insights into the impact of research and development (R&D) spending on firm value, considering both short-term and long-term dynamics while also considering any potential asymmetries in this relationship. This work is conducted using a sample of 185 listed Indian manufacturing firms over a time span of 18 years, that is, from 2006 to 2023. Both symmetric and asymmetric autoregressive distributed lag (ARDL) are employed on a final sample of 3330 firm-year observations to unravel the intricacies of the aforementioned relationship. Based on the empirical findings from the symmetric ARDL model, it is revealed that R&D spending positively impacts the value of firms in the long run while showing no significant effect in the short run. On the contrary, the results from the asymmetric ARDL model present interesting insights. In the short run, positive (negative) changes in R&D spending appear to reduce (increase) the value of firms. However, in the long run, positive (negative) changes tend to increase (reduce) the value of companies. The key differentiator of the study is the identification of the asymmetrical impact of R&D spending on firm value. The paper argues that while R&D spending does influence firm value, the relationship between them is not inherently symmetrical. In particular, the impact of R&D spending changes from being statistically insignificant when using symmetric ARDL estimation to becoming significant when applying asymmetrical estimation methods. The findings remain largely consistent across different subsamples and alternative measurements of variables.","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 1","pages":"100-114"},"PeriodicalIF":2.5,"publicationDate":"2024-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142191058","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Impacts of administrative penalties towards digital technology companies on business credit supply 对数字技术公司的行政处罚对商业信贷供应的影响

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-08-20 DOI: 10.1002/mde.4372

Xiaohui Chen, Xiang Cheng

{"title":"Impacts of administrative penalties towards digital technology companies on business credit supply","authors":"Xiaohui Chen, Xiang Cheng","doi":"10.1002/mde.4372","DOIUrl":"https://doi.org/10.1002/mde.4372","url":null,"abstract":"Administrative penalties towards digital technology companies (APDTs) have emerged prominently in recent years as the Chinese government has started to impose these penalties on digital technology firms for their increasing frequency of legal violations. These penalties are expected to significantly influence the behavior of businesses in various governmental jurisdictions. To investigate the impact of APDTs on the level of business credit supply (BCS), this paper conducts an empirical analysis grounded in theoretical derivation. Using data from APDTs in Chinese cities and A-share listed companies in China, the study examines the effect of APDTs on BCS and its underlying mechanisms. The findings indicate that APDTs incentivize enterprises to enhance their BCS. Additionally, as municipal governments intensify APDTs, local enterprises demonstrate an increased level of BCS. This is attributed to heightened industry competition resulting from APDTs, which amplifies the pressure on enterprises to extend credit and increases revenue incentives. Consequently, enterprises are driven to augment their BCS to facilitate credit sales and drive revenue growth. This study provides empirical evidence detailing the microeconomic consequences of APDTs, offering theoretical insights to advance the development of digital technology and optimize financial resource allocation, thereby alleviating enterprise financing constraints.","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 1","pages":"253-265"},"PeriodicalIF":2.5,"publicationDate":"2024-08-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142862012","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Can industrial robot utilization drive the total factor productivity of enterprises?

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-08-19 DOI: 10.1002/mde.4364

Tianru Qin, Lin Liang, Peng Liang, Wenqun Liang

{"title":"Can industrial robot utilization drive the total factor productivity of enterprises?","authors":"Tianru Qin, Lin Liang, Peng Liang, Wenqun Liang","doi":"10.1002/mde.4364","DOIUrl":"https://doi.org/10.1002/mde.4364","url":null,"abstract":"This study presents a comprehensive investigation of the impact and mechanism of industrial robot utilization on total factor productivity (TFP) using panel data from A-share listed companies in China's manufacturing industry. Our findings reveal the significant contribution of industrial robots to enhancing TFP in microenterprises, with this influence persisting over time. Mechanism tests demonstrate that industrial robot utilization effectively reduces labor costs, mitigates financing constraints, and enhances innovation capabilities, thereby improving enterprises' TFP. Additionally, a heterogeneity analysis indicates a more pronounced impact of industrial robot utilization on TFP in labor-intensive, non-high-tech enterprises, as well as in enterprises operating in highly competitive markets. This study deepens our understanding of industrial robot utilization and TFP, which broadens the scope of this field. This has significant practical implications for transforming traditional factors, integrating new technologies, and facilitating digital and intelligent transformations of manufacturing enterprises in emerging economies.","PeriodicalId":18186,"journal":{"name":"Managerial and Decision Economics","volume":"46 1","pages":"129-148"},"PeriodicalIF":2.5,"publicationDate":"2024-08-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142861709","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Manufacturer's cooperative recycling strategies considering the negative externality of unrecycled products: Non-cooperative, fund-cooperative, or labour-cooperative 考虑到未回收产品的负面外部效应的制造商合作回收战略：非合作、资金合作或劳动合作

IF 2.5 3区经济学

Managerial and Decision Economics Pub Date : 2024-08-19 DOI: 10.1002/mde.4369

Shan Liu, Caiquan Duan, Jinyou Qiao, Yan Sun

引用次数: 0