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Specification Vagueness and Supply Quality Risk
In: Naval Research Logistics, Band 60, Heft 3
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Capacity Investment Under Responsive Pricing: Implications of Market Entry Choice*
In: Decision sciences, Band 43, Heft 1, S. 107-140
ISSN: 1540-5915
ABSTRACTWe consider a manufacturer's new market entry problem when it already has some established facility in its existing market. We consider two common market entry strategies: the export strategy and the foreign direct investment (FDI) strategy. In the export strategy the firm increases the capacity at its existing facility and subsequently allocates the output to the existing and the new market dynamically, depending on realized market conditions. The export strategy is a flexible strategy. In the FDI strategy, the firm invests in a dedicated capacity to serve the new market only. The FDI strategy is a (partially) dedicated strategy. We study these two strategies from a planning perspective, that is, how the firm's strategy choice influences the optimal capacity levels. We find that the firm's strategy choice can significantly impact the optimal capacity investment levels. We prove, for example, that the firm may enter the new market in the export strategy but not in the FDI strategy, even if the capacity investment cost is identical in the existing and the new market. In addition, we prove that the firm may invest a strictly higher capacity level in the export strategy than that in the FDI strategy. We also prove that new market entry in the FDI strategy may strictly decrease the firm's supply to its existing market but this is not so in the export strategy, and hence policy makers should carefully consider the implications of trade regulations on firms' market entry choices.
Capacity Investment Under Responsive Pricing: Implications of Market Entry Choice
In: Decision Sciences Journal, Band 43, Heft 1
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Towards a green world: the impact of the Belt and Road Initiative on the carbon intensity reduction of countries along the route
In: Environmental science and pollution research: ESPR, Band 29, Heft 19, S. 28510-28526
ISSN: 1614-7499
Flexibility Strategy Under Supply and Demand Risk
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Working paper
Service Outsourcing and Dispersion of Customer Needs
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Working paper
Reforming the College Entrance Examination: Epicenter of Tension, Change, and Resistance
In: The Impact and Transformation of Education Policy in China; International Perspectives on Education and Society, S. 209-236
To Wait or Not to Wait: Optimal Ordering Under Lead Time Uncertainty and Forecast Updating
In: Naval Research Logistics, Volume 56, Issue 8, December 2009, Pages 766-779
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Happy troubles? CSR awards and CSR report quality
In: Corporate social responsibility and environmental management
ISSN: 1535-3966
AbstractWe propose that quality of corporate social responsibility (CSR) reports, as measured by independent agencies, will decline when firms perform well in social responsibility. Building on the existing literature on stakeholder theory and existing literature, we theorize that lower‐quality CSR reports may correlate with better actual CSR because performing well in CSR will increase external stakeholders' expectations but simultaneously stimulate discontent among shareholders, forcing firms to mitigate the conflict through CSR reports. This study takes Chinese listed firms from 2010 to 2019 as subjects and examines the relationship between winning prestigious CSR awards and CSR report quality. The results support our hypothesis. We further investigate two moderator variables and find the negative relationship is weakened when firms are state‐owned, potentially resulting in more social expectation pressures from the government and public. As an important financial indicator tracked by internal stakeholders, return on equity weakens this negative relationship.
Improving Reliability of a Shared Supplier with Competition and Spillovers
In: European Journal of Operations Research, Band 236, Heft 2, S. July 2014
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Regulatory Trade Risk and Supply Chain Strategy
In: Production and Operations Management, Band 20, Heft 4
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