The Relevance of Relationships in the Value Creation Process： Analysis of SCM in the Chemical-Pharmaceutical Sector

This work, through an empirical research （Jayaram, Kannan and Tan model）, aims at analysing, at the same time, the effect of ＂structural mechanisms＂ and ＂relationships building＂ factors on the value creation process in the Supply Chain. The two factors have been chosen among others, as they have been considered able to improve the internal and external processes of the firm and the Supply Chain, and in consequence, able to influence the value creation process of the Supply Chain Management. The research has been directed to the chemical and pharmaceutical sector of the Southern Lazio （Italy） and a factorial analysis, using the software SPSS （16.0） which has been performed in order to verify the influence of these factors in value creation process of the Supply Chain The outcomes confirm the positive contribute in the value creation process for companies that take care of the relationships among the stakeholders in the management process of the supply chain （the ＂relationships building＂ factor） and, in parallel with the analysis of the same process, the secondary role of the ＂structural mechanisms＂ factor has been highlighted.

Value Creation for the After-Sales Services： Organizational and Strategic Perspectives

As a part of the product development process, the after-sales services are not only a source of innovation, but also they benefit from value creation through new managerial methodologies for the achievement of competitive advantage and customer satisfaction. The objective of the paper is to further understand value creation for the after-sales services. We present the case of the creation of a new business for the after-sales services for the entrance into a new market. The new business is created by two gurus in the aerospace industry. A typology of guidelines is derived, based on organizational and strategic perspectives, for the after-sales services value creation and the guidelines for the creation of a new business as well as for the entrance of into a new market are presented.

Intellectual capital and value creation in the production and assembly of vehicles and auto-parts sector in Brazil： A panel data analysis

This work investigates the relationship between intellectual capital and value creation in the sector of production and assembly of vehicles and auto-parts in Brazil. Through the access of the database from the annual industrial research conducted by the Brazilian Institute of Geography and Statistics, we gathered 865 observations, from 2000 to 2006, of public and private Brazilian companies with more than 100 employees. The database allows the estimate of relevant aggregated variables such as national accounts, gross domestic product, intermediate consumption, as well as propitiates a sectorial study of business strategies and performance, including value added by individual companies. In particular, in this study we use data on variables associated to intellectual capital. To achieve the goal of the study, we consider intellectual capital as defined by Pulic （2000, 2002）, including human capital and structural capital. For the analysis of business performance, we used Pulic＇s VAIC （Value Added Intellectual Cofficient） index as a measure of efficiency of the employed financial and intellectual capital. Regression models were run to verify the relationship among the efficiency in the use of intellectual capital and the profitability of Brazilian companies. The gross income, calculated as before selling, general and administrative expenses, depreciation expenses, amortization and interest expenses, was used as measure of the flows of value creation and the profitability was measured by the gross income to the total assets of the companies. Considering the constructs defined by Pulic （2000, 2002）, we tested, for the Brazilian sector of Production and Assembly of Vehicles and Auto-parts, the following hypotheses： （l） there is a positive relationship between value creation and intellectual capital, （2） there is a positive relationship between value creation and stock of intellectual capital, （3） there is a positive relationship between value creation and efficiency of the employed capital, （4） there is a positive relationship between value creation and efficiency of the human capital, （5） there is a positive relationship between value creation and efficiency of the structural capital. The results of the study, obtained through panel data analysis and through the use static and dynamic models, support the hypotheses that the intellectual capital of the companies, in its flow and stock dimensions, is positively and significantly related to value creation.

Business Model Innovation of Small and Medium-sized Enterprises on the Basis of Value Creation Logic of Balanced Score Card

Small and medium-sized enterprises have developed rapidly under the guidance and support of the national industrial policy.Because of the influence of the post financial crisis,the rate of the global economy development decreased and the market competition increased,the profit of small and medium-sized enterprises is on the decline or even in a loss.The paper,based on the value creation logic of Balanced Score Card,put forward that we should,with the Differentiation Strategy as the basis,using Strategy Map and Cascade Strategy,integrate the key internal procedures to increase the strategic preparation of intangible assets to guide the business model innovation of small and medium-sized enterprises and promote the rapid development of small and medium-sized enterprises.

Cybersecurity and Blockchain Impacts on Value Creation Process:Empirical Evidences From Non-financial Disclosure

As per the current trend,the digital transformation and the elements and technologies associated with it are growing for the better defense of the company itself.As the IR reports are getting common among many in the recent years,this research would be useful to identify the fairness of the company disclosures.For this purpose,this research has adopted a methodology of content analysis focusing on the telecommunication industries that are situated in the different parts of the globe to extract the depth of disclosures made by the sampled industries in the years 2020 and 2021 focusing only on the DT dimensions namely cybersecurity and blockchain.

Construction of Value Models of Consumer Creation for Agricultural Products Based on the Analytic Hierarchy Process(AHP)

With the increased competition of modern economy and globalization,consumer creation which based on the analysis of consumer behavior was more and more attentioned and respected by business.Based on the meaning and characteristics of agricultural product consumer creation,index system of value model of agricultural product consumer creation was put forward through analytical hierarchy process（AHP）.The weights of the indicators and related indicators of impact on the value were analyzed,and value models of agricultural product consumer creation were constructed to provide ideas for development of agricultural product consumer market and research of consumer value.Consumer creation was constructed to provide ideas for development of agricultural product consumer market and research of consumer value.

基于“OBE+三因”双理念下价值共创教学模式研究与应用--以德州学院“市场营销学”课程为例

教学模式改革是现代教育关注的一个重点话题,高校商科课程的教学模式应该紧跟时代发展。市场营销学是市场营销专业的核心专业课程之一,其教学效果直接关系到学生专业技能及职业素质的培养,对学生学业生涯和职业生涯均有重要的影响。然而,实践中出现了两大现象:学生对课程认知片面,对营销就业岗位热情低,学习内驱力不足;学生学习的参与度低,互动频率低,互动质量差。为此,提出价值共创教学模式,该模式基于“OBE(outcomes-based education)+三因”双理念,以互动为核心,以“三共”为共创目标的新型教学模式。“市场营销学”课程在该模式的指导下,学生的学习效果有了显著提升。

地方高校“大学-校友”发展共同体的当代意蕴及其建构路径

在新时代诠释并厘清大学与校友的关系,有助于实现大学高质量发展。长期以来,大学与校友的关系建立在“学缘关系”基础上,历经多样态发展。现今大学的建设发展、各类排名与校友成长成才之间变得密不可分,并以多维模式结成“发展共同体”。基于马克思“类哲学”的“共同体”理论启发,地方高校“大学-校友”发展共同体应具有合作和共享、需求与互动、价值与反馈三重意蕴,并提出以“保持共情、形成共生、促进共享、实现共荣”的路径建构“大学-校友”新型关系,实现价值共创。

爱的哲学之外的社会担当--论冰心20世纪上半期的文学创作

梳理冰心1919-1949年的文学创作可以发现,其初登文坛以问题小说驰名,以己之文学专长捍卫个性解放,对社会文化生活有所引领。冰心的文学创作,不论何种体裁,都密切关注社会生活,积极参与现实讨论,以深厚智识为民众利益思考和发声。她的写作并非“去社会化”的温室书写,而是始终与社会问题接轨,客观理性地评论社会问题,具有一定的话语影响力,有益于社会文化生活的有序构建,体现了女性作家的社会主体价值和特殊视角。

公共价值创造的“协商-共识”过程模型

政策环境的多元价值属性对决策者提出挑战,如何超越具体价值分歧并在实践中创造公共价值,是公共价值研究领域的一个重要课题。聚焦政策冲突情境,通过引入协商式政策分析的核心思路,构建了公共价值创造的“协商-共识”过程模型。该模型包括主体参与、协商对话、寻求共识三个关键环节。在特定外部环境与条件以及专业支持和辅助下,有分歧的相关方有望实现公共价值创造,为政策合法化和政策执行奠定基础。这一过程可在多种场域中实现。选取美国枪支管控和北京市某胡同修缮整治两个案例,初步验证了“协商-共识”过程模型在公共价值创造实践中的解释力和可行性。中美两国的差异化国情也表明“协商-共识”过程模型在不同制度环境中都有参考价值。

Innovation Management Processes and Routines for Business Success and Value Creation

Innovation is managed through the development of processes and routines, considered as critical for business success and value creation. The identification of relevant routines as well as the understanding of which factors affect business innovation is the main objective of this research, based on a survey applied in Portuguese companies and their experience shared in best practices guides. Conclusions highlighted 10 key innovation routines, reinforcing the idea that innovation must be supported through a systematic and sustained management process. Results also indicate that SMEs face greater difficulties in benefiting from the potential of innovation practices and collaboration may present opportunities to overcome their limited resources. Therefore, regardless of size, business activity, science and technology intensity or other factors influencing firms dynamic capabilities, innovation should be considered as a management imperative as it can influence not only the present but also the future of business success.

Non-use value assessment for wetland ecosystem service of Hongxing National Nature Reserve in northeast China

By the contingent value method, we studied the non-use value of wetland ecosystem service of Hongxing National Nature Reserve （HNNR） in Heilongjiang Pro- vince, northeast China. The proportion of respondents willing to pay （WTP） for protection of HNNR was 63 %. The WTP ratio was affected by geographical area, contact nature, personal preferences, and familiar degree of the respondents. The WTP value was affected by age, education level and career of the respondents. The mainly reasons for people rejecting to pay for protecting HNNR were ＂I am not familiar to HNNR＂ and ＂I had no capacity for additional spending because of low income＂. Weighted average individual WTP value was CNY 59.26 Yuan ind.^-1 year^-1 for all the respondents with WTP. The total non-use ecosystem service value of HNNR was CNY 1430 million Yuan in 2013. The heritage value was highest followed by existence value and option value. From the high ecosystem service value in HNNR, it is very important to construct nature reserve for protecting natural ecosystems and human sustainable use of natural resources.

Value and Creation Artistry of Ginkgo Miniascape

This paper introduced value of Ginkgo miniascape from the perspectives of natural beauty, artistic beauty, artistic conception beauty, health beauty and cultural beauty, classified it into 3 types, namely ornamental leaf, ornamental fruit and ornamental stump. Then the paper explored creation artistry of Ginkgo miniascape.

Impact of learning through credit and value creation on the efficiency of Japanese commercial banks

This study investigates the learning curve of commercial banks regarding the efficiency of credit and value creation.However,current empirical methods for accessing the learning curve in organizations are not suitable for use in financial institutions.Considering bank-specific characteristics,we introduce a dynamic learning curve using a cost function adjusted to capture learning-by-doing in banks.Using the model,we test several hypotheses on the impact of bank intermediary experience(learning)on the efficiency of credit and value creation in Japanese commercial banks.The findings show that bank intermediary learning significantly improves the cost efficiency gain in the gross value created,total credit created,and investment.However,bank intermediary experience has no significant effect on the efficiency of the economic value created for all the banks analyzed.These findings have practical implications for evaluating cost dynamics in bank credit and value creation,risk management,lending to the real sector,and shareholder value creation.

Audit Committee, Value Creation Efficiency and Capital Employed Efficiency

This study contributes a number of innovative and interesting empirical findings with a view of four audit committee characteristics to predict overall value creation efficiency and capital employed efficiency using value added intellectual coefficient （VAICTM） method. Using purposive sampling, 34 property, real estate, and building construction firms listed on Indonesia Stock Exchange in 2011 were selected. Empirical findings could not provide a significant relationship between audit committee characteristics and the overall value creation efficiency as well as capital employed efficiency. This implies that currently, the number of members, number of meetings, number of independent commissioners, and accounting or finance expertise in audit committee cannot be expected as drivers of business value creation in Indonesian context, more specifically for property, real estate, and building construction industry. The overall lack of significant relationships may potentially result from limited human capacity, lack of financial expertise, and inadequate knowledge about the role of audit committee to add value to the business.

Italian Banking Sector and Value Creation

The finn value is the fundamental topic of corporate finance. The value creation is the aim of economic initiatives, strategies, corporate policies, and all business activities, including banking. It depends, among other things, on size, legal form, and business model. Therefore, this paper wants to demonstrate and explain the differences about the value created in the Italian banking sector, where there is much diversity regarding size, legal form, and business model. This paper estimated and compared the value of Italian listed companies from 2010 to 2012 and found the result： Banks create more value if they are big and operate in investment banking. Furthermore, it proved that legal form hasn＇t influenced performance and value of banks.

A New Approach for Measuring Shareholder Value Creation

This paper introduces a new approach for measuring shareholder value creation （called adjusted economic profit （EP）） which combines the advantages of both EP and APV （adjusted present value） methods. In particular, the shareholder value creation over a period is derived as the sum of two components： the EP relating purely to the operations of the company and the EP generated each period due to the tax benefit that arises from debt financing. We consider our results to be important for analysts and decision makers involved in appraising business performance or making investment decisions and HR professionals as well.

Value Creation of Business Process Management （BPM） and Managerial Accounting System （MAS）： A Case Study

This paper explores the value creation of business process management （BPM） and managerial accounting system （MAS） using a case study. The findings show that BPM shortens the management chain and increases the connections among functions in the organization by right reassignment. Accounting indicators in MAS provide necessary information about business processes, which assists performance evaluation in BPM, and meanwhile, incentive schemes give enough motives, which guide employees to take actions in accordance with the organizational strategies and processes＇ goals. The information effect and motive effect of MAS increase employees＇ work satisfaction and their cooperation with each other. In the end, the integration of BPM and MAS improves the organizational economic performance, thus creating value for the organization. The results explain the reason why so much BPM fails in practice, because right assignment, performance evaluation system, and incentive schemes constitute organizational architecture, which is critical to organizational value. Additionally, the value creation of BPM and MAS depends on their coordination with the external environment, the internal situation, and the organizational strategy. From the view of managerial accounting perspective, MAS not only changes with the organization development but also facilitates the organization development.

业财融合赋能航运企业改革转型探索与实践--以SY公司船管改革业财融合价值创造为例

SY公司是90年代初在深圳成立的股份制航运企业,主要从事远洋与沿海水路运输的航运业务。2019年初按照集团的整体战略部署SY公司推进船管体制改革,SY公司需由传统航运企业转型为第三方船舶管理企业,在企业职能定位发生重大战略转型的改革背景下,对企业的财务管理和价值创造能力提出了更高的要求,SY公司抓住融入深圳发展高端航运服务业产业升级机遇期,将业财融合价值创造作为企业改革转型的切入点、落脚点和发力点,通过实现财务优化与业务转型的深度融合形成合力,聚焦提质增效扩大财务工作半径与服务外延,立足财务价值创造推进财务转型,探索价值创造的新途径优化提升财务服务质量与能力,解决传统会计理念下业财融合的痛点问题,逐步建立了业财共享协同的互动机制,实现了财务服务向管理的价值赋能,达到业财融合后双轮驱动下的整体发力,全面提升了企业的船舶管理质量与市场的核心竞争力。

Enhancing Enterprise Efficiency through Cross-Domain Supply Chain Linkage Management

In recent years,with the complexity and variability of international finance,debt,and geopolitical risks,the growth rate of domestic economic operations has slowed down.More enterprise groups are facing the transformation and upgrading from domestic leadership to internationalization,achieving revenue growth of nearly 10 billion yuan per year against the trend.The severe and complex internal and external environment has brought many challenges to the supply chain for enterprises.This article focuses on the goal of an“enterprise supply chain system focusing on value creation,strengthening system linkage,and improving overall chain efficiency,”aiming to find solutions to problems such as strong demand variability,frequent emergency needs,coexistence of project shortages and inventory surplus,long material turnover cycles,and high organizational complexity.By searching for key activities in the entire business chain of demand,design,production,service,and finance,implementing source planning,process control,system linkage,analysis and summary,and team collaboration,we have achieved more scientific demand forecasting,more accurate planning,more effective procurement cost reduction,more stable production performance supply,more convenient inventory sharing services,and more efficient integration of business and financial policies.