Shah Masood , Nabila Khurshid , Maqsood Haider , Jamila Khurshid , Arif Masih Khokhar
{"title":"Trade potential of Pakistan with the South Asian Countries: A gravity model approach","authors":"Shah Masood , Nabila Khurshid , Maqsood Haider , Jamila Khurshid , Arif Masih Khokhar","doi":"10.1016/j.apmrv.2022.02.001","DOIUrl":"https://doi.org/10.1016/j.apmrv.2022.02.001","url":null,"abstract":"<div><p>The current study investigates the trade potential of Pakistan with South Asian countries using an augmented Gravity Model approach. The model used latest ESCAP dataset with base year 2016. Results show that simple average tariff imposition and GDP of partner countries positively impact the trade value of Pakistan, whereas simple average tariff imposition bilaterally harms the trade volume of the reporting country. Statistically, a one percent change in the tariffs rate will decrease 0.3 percent in Pakistan's total trade. Moreover, a one percent increase in the GDP of the partner countries will increase Pakistan's total trade by 0.5 percent. We also found that common language, landlocked, and distance significantly impact Pakistan's total trade. This research recommends South Asian countries to revise the tariff rates and other non-Tariff barriers to boost trade and connectivity for the better future of the inhabitants of South Asian countries.</p></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"28 1","pages":"Pages 45-51"},"PeriodicalIF":4.4,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49729749","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Linh Bui-Duy , Luan Thanh Le , Ngoc Vu-Thi-Minh , Giang Hoang-Huong , Nga Bui-Thi-Thanh , Phong Nha Nguyen
{"title":"Economic and environmental analysis of biomass pellet supply chain using simulation-based approach","authors":"Linh Bui-Duy , Luan Thanh Le , Ngoc Vu-Thi-Minh , Giang Hoang-Huong , Nga Bui-Thi-Thanh , Phong Nha Nguyen","doi":"10.1016/j.apmrv.2023.02.002","DOIUrl":"10.1016/j.apmrv.2023.02.002","url":null,"abstract":"<div><p>The pellet supply chain (PSC) is arguably crucial in supplanting fossil energy sources. Despite being the world's second-largest exporter of biomass pellets, the operation of PSC components in Vietnam is still fragmented and lacks economic and environmental efficiency. Changes in Bill of Material (BOM) help achieve these objectives. Discrete event simulation (DES) is particularly adapted to assist business owners in identifying BOM variation and its impacts on their real-life PSCs. Exploiting the advantages of the DES approach, this paper presents an evaluation model for the PSC, including procurement, production, transportation, and delivery modules. Simulation results yield a profit of USD 15,426,661, equivalent to roughly 20% of the revenue. The total amounts of carbon dioxide (CO<sub>2</sub>) emitted during production and transportation are 7,680.6 and 28,627.0 tons, respectively. The model is further used to assess the volatility of financial indicators and CO<sub>2</sub> emission from changes in the raw materials for production. The findings suggest that maintaining the small-scale BOM level should be a solution for improving the economic and environmental efficiency of PSC components in Vietnam.</p></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"28 4","pages":"Pages 470-486"},"PeriodicalIF":4.4,"publicationDate":"2023-02-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43017176","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Tourism demand for Malaysia: Further evidence from panel approaches","authors":"Ching-Yi Tan, Siew-Voon Soon","doi":"10.1016/j.apmrv.2022.12.006","DOIUrl":"10.1016/j.apmrv.2022.12.006","url":null,"abstract":"<div><p>This study investigates the influence of price factors on tourist visits to Malaysia from 21 countries. The study samples chosen in this study are between 2000 and 2019, before the COVID-19 outbreak. Panel approaches are utilized on five regions. The results show that the tourism demand from Asian countries has a positive impact on tour prices and income, but these variables negatively affect the tourism demand from ASEAN and western countries. Most tourists in the regions choose Singapore and Indonesia as substitute destinations, while Thailand is a complementary destination for Malaysia's tourism industry. The findings are invariant among the regions. However, traveling costs do not reduce the tourism demand; hence, this factor is negligible for Malaysia. In addition, the tourism demand from ASEAN countries increases with a depreciation in Ringgit Malaysia, but the effect is the opposite for China, Asia, and western countries. The overall findings show that different regions react differently to price factors.</p></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"28 4","pages":"Pages 459-469"},"PeriodicalIF":4.4,"publicationDate":"2023-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42049769","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Analysis of the pre-post-merger and acquisition financial performance of selected banks in Nepal","authors":"Baburam Adhikari, Marie Kavanagh, Bonnie Hampson","doi":"10.1016/j.apmrv.2023.02.001","DOIUrl":"10.1016/j.apmrv.2023.02.001","url":null,"abstract":"<div><p>Mergers and Acquisitions (M&A) have become an effective strategic tool to consolidate the Banks and Financial Institutions (BFIs) in Nepal to increase their capital base, expand their business, and bring financial stability. This paper evaluates the impact of M&A on the financial performance of two commercial banks between 2013 and 2020 by using twelve accounting ratios and a paired sample <em>t</em>-test. The findings for the first bank show that the impact of the merger on the financial performance ratios is mixed, despite significant improvements in return on assets, net interest margin, and earnings per share. However, in the case of the second bank, there is an insignificant impact of M&A on the financial ratios except for dividends per share (DPS) in the pre-post-M&A period.</p></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"28 4","pages":"Pages 449-458"},"PeriodicalIF":4.4,"publicationDate":"2023-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49036242","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Work conformity as a double-edged sword: Disentangling intra-firm social dynamics and employees' innovative performance in technology-intensive firms","authors":"Yu-Yu Chang , Wisuwat Wannamakok , Yi-Hsi Lin","doi":"10.1016/j.apmrv.2023.01.003","DOIUrl":"10.1016/j.apmrv.2023.01.003","url":null,"abstract":"<div><p>Employees' innovative performance determines an organization's long-term sustainability and competitive advantages, particularly in the technology sector. Drawing on social exchange and work conformity theory, we investigate how employees' informational and normative conformity relates to their innovative performance through the lens of instrumental and expressive ties. R&D managers and professional-level employees from Taiwan's 2000 largest high-tech firms participate in the survey. Hypotheses were tested using structural equation modeling with a valid sample of 399 responses from the participants. The findings reveal that, through the mediating roles of instrumental and expressive ties, employees' informational conforming behaviors promote their innovative performance. In contrast, normative conformity may reduce employees' innovative performance by weakening their social ties. Conformist behaviors have long been deemed as the inhibitor of creativity and innovation. Nevertheless, this study adopts a social exchange perspective and clarifies how conformity can both promote and hinder professional employees' innovative performance by affecting their social networking. The paper concludes with managerial implications, discussion, and recommendations for future research.</p></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"28 4","pages":"Pages 439-448"},"PeriodicalIF":4.4,"publicationDate":"2023-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48154441","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Enhancement of overall business performance and business performance by industry sector of accounting firms: Decisions on the allocation of human resource attributes","authors":"Chia-Chi Lee","doi":"10.1016/j.apmrv.2023.01.004","DOIUrl":"10.1016/j.apmrv.2023.01.004","url":null,"abstract":"<div><p>This paper aims to discuss the effects of various human resource attributes on the overall business performance of accounting firms, as well as the individual business performances of the industrial client base, and intends to identify the key factors and provide them to the accounting firm managers as the basis of making decisions for human resource allocation. This study finds that: (1) The higher the proportion of accounting firm's manger-level supervisors, professional seniors, and professional assistants, the higher the total revenues of the accounting firm; the higher the proportion of professional seniors, the greater the total number of projects of the accounting firm. When the proportion of professional seniors is higher, it will have a positive effect on the individual business performances of the wholesale and retail industries and construction industry; when the proportion of professional assistants is higher, it will bring positive benefits to the individual business performances of the wholesale and retail industry, manufacturing industry, and construction industry; when the proportion of manger-level supervisors is higher, it will be helpful to enhance the individual business performances of the professional, scientific, and technical services industry. (2) The higher the proportion of audit services, tax services, management consultants, and accounting services, the higher the total revenues of the accounting firm. When the proportion of audit services, tax services, and accounting services is higher, it will have a positive effect on the wholesale and retail industry, and the manufacturing industry. (3) The proportion of accounting firm staff with accountant's qualifications cannot bring positive benefits to the overall business performance of the accounting firm or the individual business performance of the industrial client base. Thus, it is suggested that accounting firm managers should employ professional personnel beyond the scope of accounting, tax, and audit, meaning they should employ talents with direct knowledge of the related industry, in order to provide customized quality services to enhance their competitive advantage and improve the business performance of the industrial client base.</p></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"28 4","pages":"Pages 420-438"},"PeriodicalIF":4.4,"publicationDate":"2023-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46303815","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Analyses of the operating performance of information service companies based on indicators of financial statements","authors":"Chia-Chi Lee","doi":"10.1016/j.apmrv.2023.01.002","DOIUrl":"10.1016/j.apmrv.2023.01.002","url":null,"abstract":"<div><p>This study aims to discuss the operating performance of information service companies based on three major indicators of financial statements, namely, cost and expense, solvency, and operating capacity, in order to provide a basis for management when making operational decisions. This study used the data of financial statements, extracted from the Taiwan Economic Journal (TEJ) database, regarding listed and OTC companies that operated in the information service industry from 2010 to 2019. A total of 328 sets of valid reference data were obtained, including 109 sets of data about listed companies and 219 sets of data about OTC companies. Operating performance was measured by gross profit margin. Operation management capability was measured by the operating expense ratio, labor cost ratio, R&D cost ratio, quick ratio, cash flow ratio, debt to equity ratio, accounts receivable turnover, inventory turnover, and fixed asset turnover. The business scale was used as a control variable. According to the empirical results, the gross profit margin of an information service company was higher if its operating expense ratio, labor cost ratio, R&D cost ratio, quick ratio, cash flow ratio, and accounts receivable turnover were higher, its debt to equity ratio and fixed asset turnover was lower, and its business scale was larger. Moreover, the regression results of principal elements on the operating performance show that the gross profit margin of an information service company was higher if it had better operation management, R&D capabilities, and solvency; while the gross profit margin of an information service company was lower if it had higher fixed asset turnover and inventory turnover (more frequent turnover operations). The empirical results of the principal elements of operating performance are consistent with the regression results. Finally, in order to improve market competitiveness through R&D and innovation, the managers of information service companies were recommended to increase their investments in R&D. In addition, it is suggested that the management of information service companies maintain high solvency liquidity to protect creditors’ equity, mitigate the risk of a financial strait, and further stabilize operations to improve operating performance.</p></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"28 4","pages":"Pages 410-419"},"PeriodicalIF":4.4,"publicationDate":"2023-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44014573","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A RACE pathway for inventing and sustaining mobile payment innovation - A case study of a leading Bank in Taiwan","authors":"Shari S.C. Shang, Lynn S.L. Chiu","doi":"10.1016/j.apmrv.2022.12.007","DOIUrl":"10.1016/j.apmrv.2022.12.007","url":null,"abstract":"<div><p>This study aimed to propose a resource framework called RACE to demonstrate how a conventional financial service provider developed a defensive strategy to secure existing assets and dynamically evolved to enter new areas of competition and achieve offensive success. RACE stands for technology resources (R), strategic alliances (A), customers (C), and ecosystems (E), which represent the critical resources of a conventional bank for digital transforming in the mobile payment market. The study adopts an explorative single case study to analyze Inter-firms’ coopetition in the market and to explore how competitive advantages were developed through a critical path of RACE model. The revelatory case is a leading financial institute in Taiwan. A qualitative case analysis was conducted and the results revealed that through dynamic interplays of the proposed RACE model among the internal and external resources, a conventional enterprise can create new competition battleground and develop new types of coopetition. The innovative disruption in advancing mobile payment is not a straightforward process, the journey is full of challenges from defensive resource exploitation to offensive market acceleration. The Implications of the evolving path of the RACE model provide various avenues for further research on the dynamic capabilities, and the results are suggested for academics and practitioners in the era of digital disruption.</p></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"28 4","pages":"Pages 401-409"},"PeriodicalIF":4.4,"publicationDate":"2023-01-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46416154","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Digital intelligence as a partner of emotional intelligence in business administration","authors":"Selcuk Yeke","doi":"10.1016/j.apmrv.2023.01.001","DOIUrl":"10.1016/j.apmrv.2023.01.001","url":null,"abstract":"<div><p>The concept of digital intelligence, which is frequently mentioned, especially in educational sciences, is rarely seen in the business administration literature. This study aimed to discuss digital intelligence regarding business administration literature and put forward a discussion about whether companies need digital intelligence simultaneously with emotional intelligence in the way of competition and whether the two phenomena should be considered together. In this context, data were obtained from “The Internship” movie and the first three seasons of the “Silicon Valley” series using the document analysis data collection method. The obtained data were analyzed through content analysis. The grounded theory approach was adopted because of creating categories based on the data. Findings showed that successful outcomes for companies could occur if emotional intelligence and digital intelligence are given equal importance and evaluated simultaneously.</p></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"28 4","pages":"Pages 390-400"},"PeriodicalIF":4.4,"publicationDate":"2023-01-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48039180","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Winston T. Lin , Yueh H. Chen , Shih-Sian (Sherwin) Jhang
{"title":"The effects of unemployment and inflation rates on the business value of information technology and economic performance: The partial adjustment valuation approaches","authors":"Winston T. Lin , Yueh H. Chen , Shih-Sian (Sherwin) Jhang","doi":"10.1016/j.apmrv.2022.12.005","DOIUrl":"10.1016/j.apmrv.2022.12.005","url":null,"abstract":"<div><p>Equipped with the one-equation theory of partial adjustment (PA) under the constant speeds of PA assumption (<span>Nerlove, 1958</span>) and the two-equation theory of PA under the dynamic and variable speeds of PA assumption (<span>Lin & Kao, 2014</span>), this paper applies the constant PA speeds (<span>Lin et al., 2010</span>) and dynamic PA speeds (<span>Lin & Kao, 2014</span>) PA valuation (PAV) approaches to analyze the grand research issue (for three research questions), namely, how IT and two important macroeconomic variables, unemployment rate and inflation rate, affect the country's performance jointly and separately from a global perspective. The ten research models are fitted into a panel data sample composed of 11 countries (Canada, France, the United Kingdom, the United States, Australia, Belgium, Denmark, Greece, Norway, Portugal, and Spain) over the period from 1993 to 2011. The results reveal that the IT productivity paradox remains in some developed countries; IT payoffs hinge on the exploitation of available complementary resources; and the complementarity and substitutability relationships between IT and unemployment and inflation rates exist.</p></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"28 4","pages":"Pages 371-389"},"PeriodicalIF":4.4,"publicationDate":"2023-01-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45494613","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}