Political ties and corporate performance: why efficiency matters?

Najaf, Rabia; Najaf, Khakan

doi:10.1108/jbsed-03-2021-0023

Cited by 41 publications

(30 citation statements)

References 68 publications

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“…This result is also found the increase of ROA on firms when non-politically experience personnel is to replace with someone with political ties (Bertrand et al, 2007;Ding et al, 2014). To add, this result is consistent with prior study that also found the firm performance using the ROE as indicators shows a tremendous result with strong government participation (Guerra Pérez et al, 2015;Hashmi et al, 2018;Hong, 2010;Najaf, 2021). Politicians may be able to assist terms of policy and law implementation, allowing for faster decision-making and are capable of strategic action to adapt for economic conditions.…”

Section: Discussionsupporting

confidence: 85%

“…Our paper reconciles positive findings suggest that the interventions bring fortunate steps for company in order to survive in the volatility of oil prices that were inherently tied to the low responsiveness of both demand and supply in the short run compared with other commodities. Align with the resource-based value (RBV) theories, CPCs able to capture good return and able to balance the lag between investment and production (Najaf, 2021). For instance, the process of oil and gas includes a wide range of operation and equipment that generating pollution, disrupting wildlife and damaging public lands.…”

Section: Introductionmentioning

confidence: 99%

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The Political Connections and Firm Performance on Global Fortune 500 Oil and Gas Companies

Tarmizi

2022

MJSSH

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The purpose of this research is to highlight the significance of the paradox of corporate political ties on business performance. Corporate - political affairs are said to provide a resource-based and competitive advantage in a wide range of industries. Effect through corporate boards of directors has been discovered in many high-performing industries, and it is believed to be economically beneficial to the country. Previously, political affiliations were always used as an independent variable to explore their relationship with business indicators such as company performance, corporate actions, and exclusive rights. In this study, we used 152 data from the Fortune Global 500 between 2012 to 2017 to determine the impact of politics on company success in a particular industry; oil and gas. According to the relationship hypothesis, strong political connections are more likely to have a favourable impact on business outgoing.

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Section: Discussionsupporting

confidence: 85%

Section: Introductionmentioning

confidence: 99%

The Political Connections and Firm Performance on Global Fortune 500 Oil and Gas Companies

Tarmizi

2022

MJSSH

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“…Moreover, as highlighted in Atayah et al (2021b), corporate risk-taking behavior depends on the top executives’ experience and preferences to handle risk management strategies. Najaf and Najaf (2021a) discuss the role of government entities in developing sustainable strategies at the corporate level. Thus, the government must implement and revive public policies to promote sustainability.…”

Section: Discussion and Concluding Remarksmentioning

confidence: 99%

Bridging the supply chain resilience research and practice gaps: pre and post COVID-19 perspectives

Sarkar

Wahab

Tkachev

2022

JGOSS

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Purpose In light of the COVID-19 pandemic, all business sectors have critical needs. They face multiple challenges to restructuring their operations to build a resilient, cost-effective and sustainable supply chain. Therefore, this paper aims to investigate the practice and the research gaps related to supply chains. Design/methodology/approach This research paper is influenced by a literature review of the past decade. This review paper incorporates industry challenges of the COVID-19 pandemic, including future steps toward developing resilient supply chains in the new normal economy. The research provides a detailed framework for designing cost-effective survivable supply chains that withstand disruptions for the long term. Findings The proposed research focuses on the effects of the COVID-19 pandemic on supply chains and attempts to bridge pre and post COVID-19 research and practice gaps. Post-COVID-19 resilient supply chains need to be transformed into survivable supply chains. The survivability of the supply chain can be achieved by combining both supply chain resilience and supply chain viability measures. To the best of the authors’ belief, this is the first study that grounds a theory to provide interconnection of five critical supply chain concepts to manage supply chain risk. This study is uniquely positioned to develop a theoretical framework to design a cost-effective, resilient and sustainable supply chain by establishing the interconnection among these concepts in supply chains. This framework helps practitioners to implement the key strategies at the operational, tactical and strategic levels that enhance maturity in supply chains. Research limitations/implications The research findings are based on secondary reports such as industry reports, cases, research papers and expert opinions. The authors tried to consult with many companies. However, they were reluctant to share the recovery plan information from COVID. Also, as COVID still exists in many places in Canada, the authors could not gather every intended information from the companies. However, the authors have successfully shared the outcomes of this research with a reputed retail company in Canada. They recognized the importance of survivability in supply chains. Going forward, business organizations need to design cost-effective, sustainable and survivable supply chains. Originality/value The study attempts to unify current research dealing with supply chain resilience. The study concludes with the limitations of the current research. It highlights the prospects of future research and bridges the supply chain practice gaps from the challenges faced by industries due to COVID-19. The study contributes to the literature by identifying gaps to bridge the supply chain practice and reiterating new research directions to develop a cost-effective, survivable and sustainable supply chain.

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“…From a more strategic perspective, stakeholders believe that activities related to environmental and social sustainability might improve their firm's financial claims (Sahasranamam et al, 2020). Alternatively, sustainability is a feasible strategy for meeting stakeholders' requirements but must not interfere with the firm's primary goal (Najaf, 2021).…”

Section: Stakeholders Theorymentioning

confidence: 99%

The role of human resources management in enhancing the economic sustainability of Jordanian banks

Taha

Taha²

2022

JBSED

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PurposeThe purpose of this study is to examine the role of human resources management (HRM) on economic sustainability in Jordanian banks. To achieve this goal, data were collected from 23 Jordanian banks listed at the ASE from 2014 to 2019.Design/methodology/approachA regression model was employed using four independent variables that represent the HRM (i.e. managing the environment of human resources, human resources acquisition and preparation, human resources assessment and development and human resources compensation) and using economic sustainability as the dependent variable. The study also controlled for banks’ age, size, leverage and return on equity.FindingsResults show that all independent variables are positively correlated with economic sustainability. The results imply that HRM is an important tool to enhance economic sustainability within the banking sector.Originality/valueThis study provides practical implications for banks’ managers, future researchers and policymakers. This is achieved by investigating the impact of the independent variables, including managing the human resources environment, the acquisition and preparation of human resources, the assessment and development of human resources and the compensation of human resources on the economic, social and environmental sustainability in Jordanian banks.

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Political ties and corporate performance: why efficiency matters?

Cited by 41 publications

References 68 publications

The Political Connections and Firm Performance on Global Fortune 500 Oil and Gas Companies

The Political Connections and Firm Performance on Global Fortune 500 Oil and Gas Companies

Bridging the supply chain resilience research and practice gaps: pre and post COVID-19 perspectives

The role of human resources management in enhancing the economic sustainability of Jordanian banks

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