This study reviews important variables related to joint venture performance and identifies the key determinants of joint venture performance in Cambodia. A model of joint venture performance in Cambodia is proposed an...This study reviews important variables related to joint venture performance and identifies the key determinants of joint venture performance in Cambodia. A model of joint venture performance in Cambodia is proposed and tested. Finally guidelines for successful joint venture performance in Cambodia are proposed. Based on a study of 62 firms and interviews with 19 joint venture mangers and government officers, it was found that the most important factors driving the formation of a joint venture included access to an emerging new market, utilization of abundant and cheap labor, and existence of government incentives. The most serious obstacles to joint venture performance in Cambodia were corruption, lack of physical infrastructure, bureaucracy, and competition from a black market and smuggling. For the results indicate there are significant correlations between performance and trust, control, commitment, and ownership. Suggested guidelines to improve joint venture performance in Cambodia are proposed.展开更多
Based on three major theories, the Chinese local officials' promotion incentive could be influenced by economic performances, political relationships, and financial performances. However, there were some researchers ...Based on three major theories, the Chinese local officials' promotion incentive could be influenced by economic performances, political relationships, and financial performances. However, there were some researchers focusing on these promotion mechanisms and then they got different outcomes. This paper achieves the goal for exploring the influence factors of officials' promotion by using OLS empirical test. From collecting the data of Chinese local officials and cities' economic conditions, we find that economic performances and political relationships can have a significant effect on officials' promotion, but financial performances cannot have this effect. And the experiences and lesson of this research have some reference for exploration of Chinese local officials' promotion incentive.展开更多
A ship's crew plays an important role in the maritime transportation sector and their performance is paramont in the shipping industry. On this account, an impartial evaluation of the crew's performance is an import...A ship's crew plays an important role in the maritime transportation sector and their performance is paramont in the shipping industry. On this account, an impartial evaluation of the crew's performance is an important issue. In this paper, the ship officer's performance evaluation problem is studied. The performance evaluation criteria that shipping companies take into account are determined and a performance evaluation process is modelled by using the FAHP (Fuzzy Analytic Hierarchy Process) based on Chang's Algorithm. Linguistic variables and fuzzy numbers are used in the assessment process. The results of the proposed model demonstrate that the FAHP method is effective and helps managers make better and more reliable decisions under fuzzy circumstances.展开更多
Do agency and stewardship behaviors coexist at firms, or does one dominate the other? We use data from listed companies in China over the period 2007-2016 to show that powerful chief executive officers (CEOs) simul...Do agency and stewardship behaviors coexist at firms, or does one dominate the other? We use data from listed companies in China over the period 2007-2016 to show that powerful chief executive officers (CEOs) simultaneously incur self-interested agency costs while acting as stewards to benefit the firm. In balancing the push-and-pull forces of stewardship and agency behaviors, powerful CEOs in Chinese firms ultimately improve short-term and long-term firm performance. Our results have important implications for understanding how CEOs affect firms and how cultural factors can motivate CEOs to work in the interest of the firm.展开更多
文摘This study reviews important variables related to joint venture performance and identifies the key determinants of joint venture performance in Cambodia. A model of joint venture performance in Cambodia is proposed and tested. Finally guidelines for successful joint venture performance in Cambodia are proposed. Based on a study of 62 firms and interviews with 19 joint venture mangers and government officers, it was found that the most important factors driving the formation of a joint venture included access to an emerging new market, utilization of abundant and cheap labor, and existence of government incentives. The most serious obstacles to joint venture performance in Cambodia were corruption, lack of physical infrastructure, bureaucracy, and competition from a black market and smuggling. For the results indicate there are significant correlations between performance and trust, control, commitment, and ownership. Suggested guidelines to improve joint venture performance in Cambodia are proposed.
文摘Based on three major theories, the Chinese local officials' promotion incentive could be influenced by economic performances, political relationships, and financial performances. However, there were some researchers focusing on these promotion mechanisms and then they got different outcomes. This paper achieves the goal for exploring the influence factors of officials' promotion by using OLS empirical test. From collecting the data of Chinese local officials and cities' economic conditions, we find that economic performances and political relationships can have a significant effect on officials' promotion, but financial performances cannot have this effect. And the experiences and lesson of this research have some reference for exploration of Chinese local officials' promotion incentive.
文摘A ship's crew plays an important role in the maritime transportation sector and their performance is paramont in the shipping industry. On this account, an impartial evaluation of the crew's performance is an important issue. In this paper, the ship officer's performance evaluation problem is studied. The performance evaluation criteria that shipping companies take into account are determined and a performance evaluation process is modelled by using the FAHP (Fuzzy Analytic Hierarchy Process) based on Chang's Algorithm. Linguistic variables and fuzzy numbers are used in the assessment process. The results of the proposed model demonstrate that the FAHP method is effective and helps managers make better and more reliable decisions under fuzzy circumstances.
基金The authors are grateful for the financial support from the National Natural Science Foundation of China (Grant Nos. 71702084 and 71372179), and through the research projects of the Humanity and Social Science Youth foundation of the Ministry of Education of China (No. 17YJC630112).
文摘Do agency and stewardship behaviors coexist at firms, or does one dominate the other? We use data from listed companies in China over the period 2007-2016 to show that powerful chief executive officers (CEOs) simultaneously incur self-interested agency costs while acting as stewards to benefit the firm. In balancing the push-and-pull forces of stewardship and agency behaviors, powerful CEOs in Chinese firms ultimately improve short-term and long-term firm performance. Our results have important implications for understanding how CEOs affect firms and how cultural factors can motivate CEOs to work in the interest of the firm.