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Evaluating the Effectiveness and Efficiency of Global Sourcing Strategies: A Conceptual Note
The globalisation phenomenon has induced a considerable shift in manufacturing and supply chain strategies across many industry sectors. In a quest for cost efficiency, manufacturers and service operators alike are considering the relocation of their operations to, and the sourcing of components from, low-labour cost countries. While the underlying trend...
Assessing The Significance Of Production: A Firm Perspective And Regional Implications
This paper focuses on the role of production operations within firms and regions. It is found that whilst there is increasing pressure for firms to offshore and outsource their activities, there is only a poor understanding of the longer-term implications of these movements in theory and practice. Definitions and conceptualisations...
A Study of Inefficient Going Concerns in Bankruptcy
This paper provides the first large-scale study measuring the bias in favour of going concerns induced by court-administered bankruptcy procedures. Although it is found that the large majority of bankrupt firms in the authors sample of Hungarian firms are kept as going concerns, the evidence suggests that the going concern...
Assessing the Significance of Production; a Firm Perspective and Regional Implications
This paper focuses on the role of production operations within firms and regions. It is found that whilst there is increasing pressure for firms to offshore and outsource their activities, there is only a poor understanding of the longer-term implications of these movements in theory and practice. Definitions and conceptualisations...
On The Outsourcing Dynamics In The Electronics Sector
Outsourcing of manufacturing and distribution operations has a longstanding history as a means of minimizing operational risk in a dynamic marketplace is a well-established strategy. In particular in fast-clockspeed industries such as electronics, we have observed how responsibility for manufacturing and distribution operations has increasingly been handed to third parties,...
Corporate Governance, Competition and Finance: Re-Thinking Lessons From the Asian Crisis
This paper critically examines the Greenspan-Summers-IMF thesis concerning the Asian crisis, which suggested that the fundamental causes of the Asian crisis lay in the microeconomic behavior of economic agents in these societies - in the Asian way of doing business. The paper concentrates on corporate governance and competition in emerging...
Business Process Reengineering and Human Resource Management
This article reviews the Business Process Reengineering BPR vision of radical business process change, focusing upon the use of information technology to facilitate a shift away from linear/sequential work organization towards parallel processing and multidisciplinary team working. It highlights BPR's cursory treatment of the human dimension of its programme for...
Planning Business Processes In Product Development Organisations
Business processes are difficult to plan successfully, and become more so with increases in complexity. However, certain types of business process are known to be more difficult to plan than others. One example is the process of product design, as followed during the development of physical artefacts for production. This...
Globalisation, Labour Standards And Economic Development
In last few years a few advanced countries have been advocating multilateral rules permitting punitive trade measures to be taken against countries not upholding core labour standards. The mainly developing target countries have rebutted these initiatives which they argue are protectionist, in intent and in effect. Whilst closely examining the...
Do Takeovers Create Value? A Residual Income Approach on UK Data
This paper develops and empirically tests a new methodology for evaluating the financial performance of takeovers. The existing accounting and event study methodologies do not adequately address the key issue of whether takeovers are a positive net present value investment for the acquiring company. The methodology attempts this by employing...
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