5,326 research outputs found

    The correlation between values-based leadership and economic success: An empirical evaluation within selected German cooperative banks and related policy implications

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    We are living in a society which is characterised by a permanent developing knowledge culture. The emergence of this megatrend among others, in combination with the financial crisis started in 2007 is the basis of the discussion about values and their impact on economic success. This study explores the links between values, which promote leadership, especially cooperative values, and economic success. The thesis is based on an online survey with all cooperative banks in Germany with an individual balance sheet totals over 1500 million Euro. These banks represent the greatest cooperative banks in Germany and their employees were invited to answer a questionnaire in order to analyse if cooperative values are part of everyday leadership and are perceived accordingly. The examined values were fairness, confidence, certainty, competence, reliability, individuality, common ground, respect, partnership, responsibility and solidarity. These values were set in correlation to financial figures: capital adequacy, asset quality, management efficiency, earnings quality and liquidity management. In addition to that the questionnaire of the online survey contained questions about performance appraisal systems including feedback systems for executives. The concept of values-based leadership and economic success measured in Key Performance Indicators formed the conceptual framework as presented in the literature review. Beyond that, this research follows the fundamental philosophy ‘critical theory’, because critical theory as a social theory is oriented toward critiquing society as a whole or like in this research project a part of our society. The study shows first small indications about the relationships between cooperative management values and business key figures. Correlation analysis was one of the main statistical analysis method of the study, because it measures the relationship between two items. In this case values and financial figures. In addition, various regression analyses were carried out. The aim of regression analysis is to determine the relationships between a dependent variable (financial figures) on the one hand and several explanatory variables (cooperative values) on the other. The elaborations in this study indicate that values-based leadership might have a positive influence on economic success. Organisations could be able to improve their results if they follow the concept of values-based leadership or even the cooperative values management style. The findings of this study might have important implications for those training, coaching or selecting executives, those intending to take a leadership position or who already are leaders, the organisations within values-based leadership is put into focus and for other researchers who want to build on the results. Thus, this study contributes to both practice and knowledge

    Scaling up integrated photonic reservoirs towards low-power high-bandwidth computing

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    Process intensification of oxidative coupling of methane

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    Corporate Social Responsibility: the institutionalization of ESG

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    Understanding the impact of Corporate Social Responsibility (CSR) on firm performance as it relates to industries reliant on technological innovation is a complex and perpetually evolving challenge. To thoroughly investigate this topic, this dissertation will adopt an economics-based structure to address three primary hypotheses. This structure allows for each hypothesis to essentially be a standalone empirical paper, unified by an overall analysis of the nature of impact that ESG has on firm performance. The first hypothesis explores the evolution of CSR to the modern quantified iteration of ESG has led to the institutionalization and standardization of the CSR concept. The second hypothesis fills gaps in existing literature testing the relationship between firm performance and ESG by finding that the relationship is significantly positive in long-term, strategic metrics (ROA and ROIC) and that there is no correlation in short-term metrics (ROE and ROS). Finally, the third hypothesis states that if a firm has a long-term strategic ESG plan, as proxied by the publication of CSR reports, then it is more resilience to damage from controversies. This is supported by the finding that pro-ESG firms consistently fared better than their counterparts in both financial and ESG performance, even in the event of a controversy. However, firms with consistent reporting are also held to a higher standard than their nonreporting peers, suggesting a higher risk and higher reward dynamic. These findings support the theory of good management, in that long-term strategic planning is both immediately economically beneficial and serves as a means of risk management and social impact mitigation. Overall, this contributes to the literature by fillings gaps in the nature of impact that ESG has on firm performance, particularly from a management perspective

    Strategies for Early Learners

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    Welcome to learning about how to effectively plan curriculum for young children. This textbook will address: • Developing curriculum through the planning cycle • Theories that inform what we know about how children learn and the best ways for teachers to support learning • The three components of developmentally appropriate practice • Importance and value of play and intentional teaching • Different models of curriculum • Process of lesson planning (documenting planned experiences for children) • Physical, temporal, and social environments that set the stage for children’s learning • Appropriate guidance techniques to support children’s behaviors as the self-regulation abilities mature. • Planning for preschool-aged children in specific domains including o Physical development o Language and literacy o Math o Science o Creative (the visual and performing arts) o Diversity (social science and history) o Health and safety • Making children’s learning visible through documentation and assessmenthttps://scholar.utc.edu/open-textbooks/1001/thumbnail.jp

    On the Mechanism of Building Core Competencies: a Study of Chinese Multinational Port Enterprises

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    This study aims to explore how Chinese multinational port enterprises (MNPEs) build their core competencies. Core competencies are firms’special capabilities and sources to gain sustainable competitive advantage (SCA) in marketplace, and the concept led to extensive research and debates. However, few studies include inquiries about the mechanisms of building core competencies in the context of Chinese MNPEs. Accordingly, answers were sought to three research questions: 1. What are the core competencies of the Chinese MNPEs? 2. What are the mechanisms that the Chinese MNPEs use to build their core competencies? 3. What are the paths that the Chinese MNPEs pursue to build their resources bases? The study adopted a multiple-case study design, focusing on building mechanism of core competencies with RBV. It selected purposively five Chinese leading MNPEs and three industry associations as Case Companies. The study revealed three main findings. First, it identified three generic core competencies possessed by Case Companies, i.e., innovation in business models and operations, utilisation of technologies, and acquisition of strategic resources. Second, it developed the conceptual framework of the Mechanism of Building Core Competencies (MBCC), which is a process of change of collective learning in effective and efficient utilization of resources of a firm in response to critical events. Third, it proposed three paths to build core competencies, i.e., enhancing collective learning, selecting sustainable processes, and building resource base. The study contributes to the knowledge of core competencies and RBV in three ways: (1) presenting three generic core competencies of the Chinese MNPEs, (2) proposing a new conceptual framework to explain how Chinese MNPEs build their core competencies, (3) suggesting a solid anchor point (MBCC) to explain the links among resources, core competencies, and SCA. The findings set benchmarks for Chinese logistics industry and provide guidelines to build core competencies
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