Influential factors and performance of logistics outsourcing practices: an evidence of malaysian companies

Despite the growing trend of logistics outsourcing, there are very limited sources of literature on logistics outsourcing, especially in determining the relationship between factors influencing outsourcing and the extent of logistics outsourcing practices. In this study, we tap into the field of strategic management to help clarify the mechanisms underlying the links between factors influencing, logistics outsourcing practices and outsourcing performance. A model based on the resource based view illustrates the hypothetical connections among these variables. The data gathered from the survey were analysed using SmartPLS software. A response rate of 21 % out of the 486 firms selected was achieved and fixed as the empirical data for this study. The results of this study provide support that superior performance is correlated to the resources of the firm. The analysis shows that lack of human and physical asset capabilities, as well as transaction uncertainty influence the extent of different logistics outsourcing practices. The four logistics outsourcing practices under study were found to have a positive relationship with logistics outsourcing performance, particularly strategic focus. This study shows that although theoretically firms aim at cost reduction by employing a logistics outsourcing strategy but not proven in this study because the financial benefit was only positively contributed by one of the four logistics outsourcing practices under study. Besides that, the results from this study also support that most firms outsource their non-core activities of the logistics practices to respond to the transaction uncertainty that their business experiences.     

Organisation of new product development in Asia and Europe: results from Western multinationals R&D sites in Germany,India, and China

From research on Western new product development (NPD) practices a rich body of literature has emerged. However, the impact of country specific and cultural influences has not been examined in this context yet. This study is a first attempt to identify differences in NPD practices between Research and Development (R&D) subsidiaries in Germany, China and India within multinational companies. Data has been generated by qualitative interviews with R&D executives in those countries across multiple cases. The study samples strategic, organizational and operational aspects indicates definite differences in process coordination, rewarding systems, market orientation and the average age of NPD teams. Other aspects like strategic targets, the management involvement, etc. show rather slight differences across the countries. Hence, findings suggest that while some aspects are universally applicable across cultural frontiers, Western companies have to understand different expectations regarding NPD in India and China by adjusting practices accordingly.     

Executive remuneration standards and the “conformity gap” at controlled corporations

In this paper we analyze the relationship between conformity to executive remuneration standards, corporate ownership, and the level and structure of CEO compensation for large European listed companies in the years 2007 and 2010. We show that controlled corporations conform to executive remuneration standards less than widely held firms. We also show that weaker compliance is associated with lower CEO pay and more cash-based incentive structures. We interpret this “conformity gap” from the perspective of individual firms and from a societal perspective, with the aim to contribute to frame the policy questions concerning executive pay at controlled corporations. Different policy implications depend on whether the conformity gap reflects a lower need for managerial incentives, given the monitoring by controlling shareholders, or the latter’s willingness to extract private benefits of control. We argue in this paper that the former hypothesis prevails, so that regulators should abstain from increasing the level of enforcement of executive remuneration standards.     

Auf dem Weg an die Spitze Anforderungen an Bewerber für Top-Positionen

En route to the top. Requirements on candidates for top positionsThe assessment of candidates for positions as managing director or as an executive committee member by means of management diagnostics has been frowned upon by German companies for a long time. There has, however, been a clear change of opinion regarding this matter in the meantime. The authors have developed a model of requirements to assess the competencies and potential critical for success. Six areas of responsibility are differentiated between thereby: “Ability to cope with complexity” and “development of decidedness”, “Will to create” and “establishment of structures”, “Establishment of bonds” and “ability of self-management”, and are divided into three levels: the personal level, the co-operative level and the level of corporate culture respectively.     

Subhypergraph counts in extremal and random hypergraphs and the fractional <Emphasis Type="Italic">q</Emphasis>-independence

We study the extremal parameter N(n,m,H) which is the largest number of copies of a hypergraph H that can be formed of at most n vertices and m edges. Generalizing previous work of Alon (Isr. J. Math. 38:116–130, 1981), Friedgut and Kahn (Isr. J. Math. 105:251–256, 1998) and Janson, Oleszkiewicz and the third author (Isr. J. Math. 142:61–92, 2004), we obtain an asymptotic formula for N(n,m,H) which is strongly related to the solution α _q (H) of a linear programming problem, called here the fractional q-independence number of H. We observe that α _q (H) is a piecewise linear function of q and determine it explicitly for some ranges of q and some classes of H. As an application, we derive exponential bounds on the upper tail of the distribution of the number of copies of H in a random hypergraph.     

Regulation by disclosure: the case of internal control

In this paper we explore the use of disclosure as a regulatory tool, using as an illustration the current UK requirements regarding the disclosure of information about internal control. After discussing the broad concept of regulation by disclosure, we trace the evolution of concepts of internal control and its reporting, describing the background to the Turnbull guidance for directors on internal control reporting, the basis of current UK requirements. We then examine recent examples of internal control disclosures, identifying the range of ways in which they address the disclosure requirements and considering the possible impact of the disclosure requirements on corporate behaviour and on the audiences for disclosure. We conclude with some reflections on the disclosure life cycle. The paper contributes to the literature on disclosure by specifically considering the role of disclosure as a regulatory tool and by examining the nature of specific disclosures in an area of continuing interest, that of internal control.     

Separator-based data reduction for signed graph balancing

Polynomial-time data reduction is a classical approach to hard graph problems. Typically, particular small subgraphs are replaced by smaller gadgets. We generalize this approach to handle any small subgraph that has a small separator connecting it to the rest of the graph. The problem we study is the NP-hard Balanced Subgraph problem, which asks for a 2-coloring of a graph that minimizes the inconsistencies with given edge labels. It has applications in social networks, systems biology, and integrated circuit design. The data reduction scheme unifies and generalizes a number of previously known data reductions, and can be applied to a large number of graph problems where a coloring or a subset of the vertices is sought. To solve the instances that remain after reduction, we use a fixed-parameter algorithm based on iterative compression with a very effective heuristic speedup. Our implementation can solve biological real-world instances exactly for which previously only approximations were known. In addition, we present experimental results for financial networks and random networks.