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Return range and the cross-section of expected index returns in international stock markets
Get PDFThis study examines the cross-sectional relation between return range and future returns for the first time in literature. We show that the return range can serve as a very practical measure of total volatility instead of standard deviation due to the range's high correlation with standard deviation and strong predictive ability. Range, standard deviation, and idiosyncratic volatility are cross-sectionally linked to future returns on indexes of small size, while earnings-to-price ratio and net share issuance predict returns of mid-cap and large-cap indexes, respectively. Maximum and minimum return effects along with the momentum effect are prevalent in returns of indexes of any size but stronger for small-cap indexes
Impact of New Technology on Sustainability of Supply Chains: Empirical Evidence from Manufacturing SMEs in China
Get PDFNew manufacturing technology can provide useful competitive advantages for enterprises to deal with fierce competition, and help them look for a better solution to production and operation management improving the quality of product services. New technology can also promote enterprises to obtain sustained economic, social and environmental benefits. This study, therefore, focuses on investigating the impact of technology on the sustainability of supply chains in small and medium enterprises (SMEs) in the Pearl River Delta region of China. The findings are based on 100 valid survey responses from SMEs in the region. The study identifies a set of enablers and barriers to new technology implementation in manufacturing SMEs. Our findings show that the economic factors occupy the central position whereas the market pressures from home and abroad; the vision of the enterprise’s development; and the apparent advantages of new technologies were identified as other key enablers. On the contrary, the driving force from the government was found to be insufficient, whether it is a relatively free market regulatory environment or tax-free welfare policies for small businesses to promote the use of new technologies. The high production cost appears to be the most critical barrier followed by vicious competition among enterprises in the industry and lack of technical personnel. Our findings also show that enablers and barriers of new technology implementations are significantly correlated with sustainability performance measures (economic, social and environmental performance). Our study hence adds to the limited empirical literature focused on investigating the new technology and sustainability relationship
The effect of environmental concern on conscious green consumption of post-millennials: the moderating role of greenwashing perceptions
No full textPurpose: This study aims to demonstrate how greenwashing perceptions shape the effect of environmental concern on post-millennials purchasing behavior. Design/methodology/approach: Based on 174 responses gathered through a street survey method from 5 different universities in Turkey, data are analyzed using the statistical package for social sciences software (SPSS 16.0). Principal component analysis is performed to assess the differentiation in factors. Multiple regression analysis is used to examine the effects of the items on the post-millennials purchasing and recommendation behavior. Findings: The main findings revealed that the environmental concern trait of post-millennials triggers their green purchasing behavior. When the concern on green products is high, the awareness of perceiving that “if the product is actually green or pretending to be green” is high. When the post-millennials take the greenwashing perception into account, their environmental concern has lower effects on their green behavior. The moderating role of greenwashing between environmental concern and green purchasing is apparent. Greenwashing perception decreases the effects of environmental concern on green behavior. Originality/value: The research raises the concept of greenwashing perception that moderates the relationship between environmental concern and post-millennials purchasing behavior. This study also demonstrates that greenwashing awareness has a critical role in creating a purchasing behavior of post-millennials that have environmental concerns
The Changing Face Of Lumpenism In Turkishkish Comedy Cinema
No full textTürk Sineması’nda başlangıcından itibaren gerek film yapımcılarının gerekse seyircinin tercih ettiği türlerin başında güldürü
filmleri gelmektedir. Yerli güldürü sineması tarihine bakıldığında, film yapımcılarının çoğu zaman lümpen bireylerin anlatısınıThe comedy has been one of the most popular genres since the beginning of Turkishkish Cinema among film producers as well
as the audience. Considering the history of Turkishkish comedy cinema, it is seen that producers prefer using the narrative of
lum
Big data-enabled solutions framework to overcoming the barriers to circular economy initiatives in healthcare sector
Get PDFEver-changing conditions and emerging new challenges affect the ability of the healthcare sector to survive with the current system, and to maintain its processes effectively. In the healthcare sector, the conservation of the natural resources is being obstructed by insufficient infrastructure for managing residual waste resulting from single-use medical materials, increased energy use, and its environmental burden. In this context, circularity and sustainability concepts have become essential in healthcare to meliorate the sector’s negative impacts on the environment. The main aim of this study is to identify the barriers related to circular economy (CE) in the healthcare sector, apply big data analytics in healthcare, and provide solutions to these barriers. The contribution of this research is the detailed examination of the current healthcare literature about CE adaptation, and a proposal for a big data-enabled solutions framework to barriers to circularity, using fuzzy bestworst Method (BWM) and fuzzy VIKOR. Based on the findings, managerial, policy, and theoretical implementations are recommended to support sustainable development initiatives in the healthcare sector
Impact of agri-fresh food supply chain quality practices on organizational sustainability
Get PDFThe aim of this paper is to present empirical evidence about the relationship between Agri-fresh Food Supply Chain Quality (AFSCQ) practices and Organizational Sustainability (OS) outcomes. Organizational Sustainability embraces economic, environment and social sustainability. Based on literature review, a set of AFSCQ practices has been identified to create a theoretical model and to setup their relationship to OS as Economic Sustainability (ECS), Social Sustainability (SOS) and Environmental Sustainability (ENS). The measurement scales of AFSCQ practices and measures of OS were established in four stages: initial instrument development; structured interviews and utilization of Q-sort method; wide-ranging data collection by survey questionnaire; and analysis to confirm reliability and validity. Finally, Structural Equation Modeling (SEM) was utilized to validate the model with survey data collected from Indian agri-fresh food industry. The study developed relationships between AFSCQ and OS. Specifically, Customer Focus (CF) and Supplier Management(SM), both have direct and indirect influence on OS while Top Management Leadership and Commitment to AFSCQ, Internal Management(IM) and Supply Chain Integration Management using IT(SCIMIT) have indirect and direct influences on OS, respectively. The results also show that AFSCQ practices should be executed as an integrated coordination instead of independent practices, wherein they co-operate with each other and enrich OS. The empirical outcomes of this paper give evidence to count the AFSCQ as a reliable medium for OS. The AFSCQ practices are favorable to develop organizational sustainability, and then improve economic, social and environmental performance indirectly. The suggested model establishes the relationship between AFSCQ and OS. Additionally, the model’s justification to utilize the Indian agri-fresh food industry gave significant insights both from theoretic and realistic perspectives
