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20 pages, 538 KB  
Article
Marketing Policies in Public Museums of Greece: Empirical Evidence and Implications for Policy
by Theodore Metaxas and Gaby Gavriilidis
Urban Sci. 2025, 9(9), 351; https://doi.org/10.3390/urbansci9090351 - 2 Sep 2025
Viewed by 1154
Abstract
The aim of this study is to examine the role and importance of certain promotional policies in supporting the image of Greek public museums with direct consequences on their visibility and attractiveness at national and global levels. It also examines whether the implementation [...] Read more.
The aim of this study is to examine the role and importance of certain promotional policies in supporting the image of Greek public museums with direct consequences on their visibility and attractiveness at national and global levels. It also examines whether the implementation of these policies is directly related to both the dynamics of the museums and the geographical location in which they are located. In particular, emphasis was given to the comparative analysis of the degree of adoption of promotion policies between museums located in the major urban centers of Greece (Athens and Thessaloniki) and those located in the Greek periphery. For these purposes, questionnaires were handed out to museum directors and managers in Greece (national and regional). In a total of 173 public museums and archeological sites (also having a museum) across the country, 114 questionnaires were sent out, covering 66% of the surveyed reference population. A hundred (100) valid questionnaires were collected (response rate: 88%), covering 58% of the public museums in Greece and, in particular, 25 museums and archeological sites of national importance and 75 of regional/local importance. Data were analyzed by using Exploratory and Confirmatory Factor Analyses, Structural Equation Modeling techniques, and parametric tests (T-tests). The results highlight the importance of external orientation, strategic digital engagement, and visibility through networks over traditional marketing tactics. Furthermore, the findings reveal that museums in urban areas consistently demonstrate higher levels of awareness as well as greater adoption of modern and extroverted marketing strategies, indicating that they can be key drivers of urban tourism development, reshaping the way cities develop. Full article
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22 pages, 893 KB  
Proceeding Paper
Research and Analysis of Traffic Intensity on a Street with High Traffic Load: Case Study of the City of Sofia
by Durhan Saliev, Georgi Mladenov and Plamen Petkov
Eng. Proc. 2025, 100(1), 37; https://doi.org/10.3390/engproc2025100037 - 11 Jul 2025
Viewed by 771
Abstract
The study of traffic parameters in cities is the basis for making adequate decisions related to the organization and regulation of traffic. This publication presents a study of one of the main parameters of transport flows, namely, its intensity. The study covers one [...] Read more.
The study of traffic parameters in cities is the basis for making adequate decisions related to the organization and regulation of traffic. This publication presents a study of one of the main parameters of transport flows, namely, its intensity. The study covers one of the busiest streets in the city of Sofia, which is part of the radial connection in the radial circular street network of the city, for the evening peak period of the day. Data analysis presents the influence of the intensity of transport flows at the intersections, which are formed by the intersection with other streets, on the load of the studied street. The share of the load of each transport flow at the individual intersections on the total load of the studied section was recorded for the subsequent assessment of the existing traffic management. The results have been provided to the relevant directorates in the structure of Sofia Municipality for information and use. Full article
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10 pages, 500 KB  
Brief Report
Science Speed Dating to Spur Inter-Institutional Collaborative Research
by Sandra P. Chang, Kathryn L. Braun, Richard Yanagihara, Hendrik De Heer, Yan Yan Wu, Zhenbang Chen, Marc B. Cox, Stacey L. Gorniak, Georges Haddad, Christine F. Hohmann, Eun-Sook Lee, Jonathan K. Stiles, Nicolette I. Teufel-Shone and Vivek R. Nerurkar
Int. J. Environ. Res. Public Health 2025, 22(6), 919; https://doi.org/10.3390/ijerph22060919 - 10 Jun 2025
Viewed by 751
Abstract
A principal strategic goal of the RCMI Coordinating Center (RCMI-CC) is to improve the health of minority populations and to reduce ethnic and geographic disparities in health by coordinating the development and facilitating the implementation of clinical research across the RCMI Consortium. To [...] Read more.
A principal strategic goal of the RCMI Coordinating Center (RCMI-CC) is to improve the health of minority populations and to reduce ethnic and geographic disparities in health by coordinating the development and facilitating the implementation of clinical research across the RCMI Consortium. To more effectively spur inter-institutional collaborative research, the RCMI-CC supports a Clinical Research Pilot Projects Program for hypothesis-driven clinical research projects proposed by postdoctoral fellows, early-career faculty and/or early-stage investigators from two or more RCMI U54 Centers. The purpose of this brief report is to summarize the Science Speed Dating sessions to facilitate cross-site collaboration at the RCMI Investigator Development Core (IDC) Workshop, held in conjunction with the 2024 RCMI Consortium National Conference. RCMI investigators and IDC Directors from 20 RCMI U54 Centers participated in two rounds of highly interactive small-group presentations of research ideas and resource needs in search of new collaborative and mentoring partnerships. Workshop participants expressed a high level of satisfaction with the speed-networking format and strongly agreed that the workshop was beneficial to their professional-development goals. Full article
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23 pages, 1016 KB  
Article
Board Networks and Firms’ Technological Innovation Output: The Moderating Roles of Shareholder Networks and CEO Networks
by Jie Xu, Linfeng Zhong, Runshi Bi and Chongfeng Wang
Systems 2025, 13(6), 414; https://doi.org/10.3390/systems13060414 - 28 May 2025
Viewed by 915
Abstract
In the field of firms’ technological innovation, a large body of research has emphasized the roles of interlocking directors and the associated board networks in which they are embedded. By integrating the process perspective of absorptive capacity theory with stakeholder network theory, this [...] Read more.
In the field of firms’ technological innovation, a large body of research has emphasized the roles of interlocking directors and the associated board networks in which they are embedded. By integrating the process perspective of absorptive capacity theory with stakeholder network theory, this study investigates the influence of board networks on firms’ technological innovation output, with particular attention given to the moderating effects of shareholder networks and CEO networks. The theoretical hypotheses suggest that degree centrality within board networks positively influences firms’ technological innovation output, and that this positive effect is weakened by degree centrality within both shareholder networks and CEO networks. While board networks facilitate information acquisition for technological innovation, shareholder networks and CEO networks may serve as substitutes. Furthermore, they may shape the motivations of shareholders and CEOs, potentially hindering the exploitation of information acquired through board networks. Using longitudinal data on Chinese A-share listed companies from 2005 to 2023, we construct three distinct types of interorganizational networks and annually measure firms’ degree centralities within each network type. Employing fixed-effects panel models, this study empirically verifies the proposed hypotheses. Practically, the findings offer important implications for firms seeking to align interorganizational networks with their technological innovation management strategies. We recommend that future research further explore the roles of diverse stakeholder networks in interorganizational contexts to enhance the understanding of how interactions across multilayer networks affect firms’ technological innovation output. Full article
(This article belongs to the Section Systems Practice in Social Science)
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24 pages, 1210 KB  
Article
Outside CEOs’ Hesitancy Toward Environmental Responsibility and the Governance Role of Board Social Capital: Evidence from Pollution-Intensive Firms in China
by Hailiang Zou and Simei Huang
Adm. Sci. 2025, 15(5), 162; https://doi.org/10.3390/admsci15050162 - 27 Apr 2025
Viewed by 908
Abstract
While outside chief executive officers (CEOs) are often viewed as catalysts for strategic change compared to their inside counterparts, this study reveals their potential to undermine firms’ environmental responsibility. Integrating agency theory with social capital theory, we investigate whether and how board-level social [...] Read more.
While outside chief executive officers (CEOs) are often viewed as catalysts for strategic change compared to their inside counterparts, this study reveals their potential to undermine firms’ environmental responsibility. Integrating agency theory with social capital theory, we investigate whether and how board-level social capital can moderate the sustainability risks associated with outside CEO succession. Using a panel dataset of 989 pollution-intensive Chinese firms from 2010 to 2022, we apply propensity score matching (PSM) to reduce endogeneity in CEO succession decisions, followed by fixed-effects regressions. The empirical results show that outside CEOs, particularly during their early tenure, are more likely to prioritize short-term financial performance over environmental goals—due to limited firm-specific knowledge and heightened external pressure. However, external board social capital (e.g., ties to government and industry associations) enhances resource access and post-appointment accountability, while internal social capital (e.g., co-working experience among directors) establishes common norms that facilitate strategic continuity. This study positions board social capital as a relational governance mechanism that complements formal oversight. The findings contribute to succession and environmental research by linking executive origin to sustainability outcomes and provide practical guidance on leveraging board networks to support leadership transitions. Full article
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25 pages, 320 KB  
Article
Leveraging Board Experience Diversity to Enhance Corporate Green Technological Innovation
by Xin Zhao, Shuyang Wang and Xiaoyu Wu
Sustainability 2025, 17(8), 3351; https://doi.org/10.3390/su17083351 - 9 Apr 2025
Cited by 1 | Viewed by 776
Abstract
This study examines the role of board experience diversity in fostering corporate green technological innovation (CGTI), focusing on the moderating effects of absorptive capacity and director network location. Integrating upper echelons theory with absorptive capacity theory, we explore how board experience diversity enhances [...] Read more.
This study examines the role of board experience diversity in fostering corporate green technological innovation (CGTI), focusing on the moderating effects of absorptive capacity and director network location. Integrating upper echelons theory with absorptive capacity theory, we explore how board experience diversity enhances strategic decision-making and innovation. We hypothesize that board experience diversity improves CGTI by broadening cognitive perspectives. We also examine the moderating effect of absorptive capacity on the relationship between board experience diversity and innovation. We examine Chinese A-share listing firms, finding that board experience diversity positively affects CGTI, and absorptive capacity strengthens this effect. Additionally, we show that director network location, proxied by centrality in inter-board networks, not only strengthens the association between board experience diversity and innovation but also affects innovation. Furthermore, we conducted heterogeneity and mechanism tests, confirming the robustness of these relationships. These findings contribute to the literature on corporate governance and sustainability by emphasizing the roles of board experience diversity, absorptive capacity, and network position in driving CGTI. Full article
23 pages, 5090 KB  
Article
Sustainability of the Trans-European Transport Networks Land Infrastructure to Address Large-Scale Disasters: A Case Study in the Czech Republic
by David Rehak, Martin Vlkovsky, Pavel Manas, Jiri Apeltauer, Tomas Apeltauer and Martin Hromada
Sustainability 2025, 17(6), 2509; https://doi.org/10.3390/su17062509 - 12 Mar 2025
Viewed by 1081
Abstract
In recent years, the concepts of sustainability and sustainable development of transport infrastructure have been examined mainly from an economic, ecological, and social perspective. However, an essential aspect of the sustainability of the Trans-European Transport Networks (TEN-T) land infrastructure is also the construction [...] Read more.
In recent years, the concepts of sustainability and sustainable development of transport infrastructure have been examined mainly from an economic, ecological, and social perspective. However, an essential aspect of the sustainability of the Trans-European Transport Networks (TEN-T) land infrastructure is also the construction and technical parameters of critical infrastructure objects. For this reason, the aim of the article is to define recommendations for the sustainability and future development of the TEN-T land infrastructure. For this purpose, the article presents the procedure for defining and modelling typical transport situations using the TEN-T land infrastructure and the procedure for identifying critical infrastructure objects of the TEN-T land infrastructure. Attention is also paid to the digitalization of critical infrastructure objects, which categorizes infrastructure according to its suitability for excessive and oversized transport using map data. The main output of the article are recommendations for the sustainability and future development of the TEN-T land infrastructure. These recommendations are based on the systematic development of TEN-T in four basic layers, namely legislative, capatitive, construction-technical, and technological. These recommendations are intended primarily for the Ministry of Defence of the Czech Republic and the Ministry of Transport of the Czech Republic, but also for transport infrastructure operators, i.e., Road and Motorway Directorate and Railway Infrastructure Administration. Full article
(This article belongs to the Special Issue Transportation and Infrastructure for Sustainability)
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32 pages, 459 KB  
Article
Research on the Impact of Digital Transformation Network Peer Groups on Corporate Carbon Neutrality Performance: Based on the Interlocking Directorate Network
by Huiting Guo, Rui Qiu and Yapeng Li
Sustainability 2025, 17(6), 2382; https://doi.org/10.3390/su17062382 - 9 Mar 2025
Viewed by 1113
Abstract
From the perspective of the interlocking directorate network, investigating the impact of digital transformation network peer groups on corporate carbon neutrality performance holds substantial significance for enterprises in accomplishing green and low-carbon transformation within the digital economy framework. Using Shanghai and Shenzhen A-share [...] Read more.
From the perspective of the interlocking directorate network, investigating the impact of digital transformation network peer groups on corporate carbon neutrality performance holds substantial significance for enterprises in accomplishing green and low-carbon transformation within the digital economy framework. Using Shanghai and Shenzhen A-share listed companies from 2018 to 2023 as research samples, this study empirically explores the existence of a digital transformation peer effect within the interlocking directorate network and its influence on corporate carbon neutrality performance, as well as the moderating effect of the supply chain concentration. The results indicate the following: (1) A digital transformation peer effect exists within the interlocking directorate network and significantly improves the carbon neutrality performance of enterprises. (2) The aforementioned positive effect is more pronounced under lower supply chain concentrations. (3) The green innovation level of enterprises serves as an intermediary factor between the digital transformation network peer group and the carbon neutrality performance of enterprises. (4) In regions characterized by stringent environmental regulations, capital-intensive industries, and large-scale enterprises, the digital transformation network peer group exerts a more significant impact on the enhancement of carbon neutrality performance. These results offer a reference for facilitating the formation of digital transformation network peer groups, improving corporate carbon neutrality performance, and consequently attaining sustainable development. Full article
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24 pages, 290 KB  
Article
Does Interlocking Directors’ Green Experience Richness Enhance the Green Innovation Efficiency of Chinese Listed Companies?
by Jinyu Zhao, Lu Zhao and Tingyu Yan
Sustainability 2025, 17(5), 2122; https://doi.org/10.3390/su17052122 - 1 Mar 2025
Cited by 1 | Viewed by 1298
Abstract
In the midst of sweeping economic transformation, owing to the increasing strategic importance of environmental issues, directors’ green experience is crucial for green innovation. This paper proposes the concept of interlocking directors’ green experience richness (IDGER), considering both the number of directors with [...] Read more.
In the midst of sweeping economic transformation, owing to the increasing strategic importance of environmental issues, directors’ green experience is crucial for green innovation. This paper proposes the concept of interlocking directors’ green experience richness (IDGER), considering both the number of directors with green experience and their green linkage strength from the director network. This paper conducts theoretical exploration and empirical research on the impact of IDGER on the companies’ green innovation efficiency. The findings reveal (1) IDGER significantly enhances the green innovation efficiency of Chinese listed companies, and the result is also validated through robustness tests. This study expands the antecedents of green innovation from a board governance perspective. (2) IDGER can enhance green innovation efficiency by increasing executive environmental attention, reducing managerial myopia, and alleviating financing constraints. (3) Media attention can positively moderate the relationship between IDGER and company green innovation efficiency. This expands the understanding of the role of directors’ green experience in corporate green innovation and provides new ideas for emerging market companies on how to promote green innovation by optimizing the composition of their board of directors for achieving sustainable development goals. Full article
21 pages, 3276 KB  
Article
The Investigation of Trends and Wet and Dry Rainfall Cycles in North Africa (In Morocco, Algeria, and Tunisia) (1970–2023)
by Zeineddine Nouaceur, Ovidiu Murarescu and George Muratoreanu
Geosciences 2025, 15(3), 80; https://doi.org/10.3390/geosciences15030080 - 22 Feb 2025
Cited by 2 | Viewed by 1383
Abstract
IPCC climate forecast models, applicable to the Maghreb countries (Morocco, Algeria, and Tunisia), predict a decrease in atmospheric precipitation, greater variability, and an increase in aridity. In recent years, the entire region has been experiencing unprecedented climate upheavals. Climatic droughts have become increasingly [...] Read more.
IPCC climate forecast models, applicable to the Maghreb countries (Morocco, Algeria, and Tunisia), predict a decrease in atmospheric precipitation, greater variability, and an increase in aridity. In recent years, the entire region has been experiencing unprecedented climate upheavals. Climatic droughts have become increasingly severe and recurrent (drastically reducing water stocks). We are also witnessing a remarkable increase in temperatures and a greater frequency of heat waves. Faced with these new provisions, this territory (long considered an area of water stress) is now subject to very strong tensions, which have led to a greater demand for water and a decrease in supply. To understand the intensity of this “climate–water” crisis, we propose an analysis of this priority issue based on the evolution of precipitation over more than half a century of records. To determine precipitation trends and define rainfall cycles in these three countries, the graphical chronological method of information processing (MGCTI) of the “BERTIN Matrix” type is used. Annual precipitation totals from 29 stations were used for the MGCTI (chronological graphic method of information processing) for the period 1970–2023. These data come from the national meteorological networks of the National Meteorological Office (ONM) for Algeria, National Institute of Meteorology (NIM) for Tunisia, and National Directorate of Meteorology (DMN) for Morocco, and the from the websites of the National Climatic Data Center (NCDC) and “TuTiempo Network”. Monthly pluviometric totals from three stations, Dar El Beida (Algeria), Casablanca (Morocco), and Tunis (Tunisia), as well as the monthly NAO (North Atlantic Oscillation) and MOI (Mediterranean Oscillation Index) were used for the wavelet coherence method for the period 1970–2022. Data analysis shows that the entire region is subject to four extreme precipitation cycles (dry and wet). The last dry period was remarkably intense and led to a sharp increase in water stress throughout the region. An analysis of monthly precipitation from three stations (Casablanca, Dar El Beida, and Tunis) using the wavelet coherence method also highlighted a close relationship with the “NAO” and “MOI” circulation. Full article
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27 pages, 447 KB  
Article
Director Tenure and Corporate Misconduct: The Moderating Effect of the Director Network Position
by Sen Zeng, Yiqian Huang, Longjun Xiao, Xueyan Jiang, Yanru Li and Cao Yuan
Sustainability 2025, 17(3), 919; https://doi.org/10.3390/su17030919 - 23 Jan 2025
Viewed by 1495
Abstract
This study aims to provide new evidence linking director tenure to corporate misconduct by analyzing the sample of publicly listed companies in China from 2009 to 2022. The findings reveal a significant positive correlation between director tenure and corporate misconduct, which is negatively [...] Read more.
This study aims to provide new evidence linking director tenure to corporate misconduct by analyzing the sample of publicly listed companies in China from 2009 to 2022. The findings reveal a significant positive correlation between director tenure and corporate misconduct, which is negatively moderated by director network position. Further analysis shows that both independent and non-independent directors’ tenure increases the likelihood of corporate misconduct, while the centrality of independent and non-independent director networks negatively moderates these corresponding effects. Moreover, external audit quality plays a mediating role in the relationship between director tenure and corporate misconduct. This study elucidates the boundary conditions and mechanisms of corporate misconduct, supporting the management friendliness hypothesis. It offers practical implications for regulators and policymakers to strengthen board governance and audit oversight, thereby contributing to the research on the prevention of corporate misconduct. The limitations of the study include its geographical focus on the Chinese market, suggesting that future research should explore cross-national differences. These findings provide valuable insights for preventing corporate misconduct and promoting corporate sustainability. Full article
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17 pages, 584 KB  
Article
Identifying System-Level Strategies to Engage in HPV Prevention Across Oral Health and Primary Care Settings
by Sarah B. Maness, Kathleen L. Egan, Leslie Sanchez, Mahmoud Al-Dajani, Essie Torres, Andres Flores and Alice R. Richman
Vaccines 2024, 12(10), 1194; https://doi.org/10.3390/vaccines12101194 - 19 Oct 2024
Cited by 1 | Viewed by 2138
Abstract
Introduction: HPV vaccination prevents most HPV-related cancers, yet uptake remains low. HPV is linked to an estimated 70% of oropharyngeal cancers (OPCs) in the US and outnumber cases of HPV-related cervical cancers. Not all OPCs can be detected through routine screening, making HPV [...] Read more.
Introduction: HPV vaccination prevents most HPV-related cancers, yet uptake remains low. HPV is linked to an estimated 70% of oropharyngeal cancers (OPCs) in the US and outnumber cases of HPV-related cervical cancers. Not all OPCs can be detected through routine screening, making HPV vaccination a more effective primary prevention strategy. However, bridging primary and oral healthcare faces challenges due to a lack of referral networks between practices. The purpose of this study is to identify key infrastructure elements and policies, as well as HPV prevention strategies, among an academic practice network of dental clinics and partnering community health clinics in a southeastern state. Methods: Researchers held interviews with directors and focus groups with staff at six dental clinics and eight associated community clinics in a southeastern state. Interviews and focus groups at dental and community clinics were analyzed by two study team members using thematic analysis with Nvivo software. Results: A total of 90 participants participated in all focus groups and interviews (N = 14 interviews, 10 focus groups (5–13 participants per focus group). Most participants identified as white (58.9%) and female (70%), with an average age of 38.5 years. Researchers identified nine key study themes: three specific to the dental clinics’ HPV conversations with patients, two related to community clinics’ vaccine provision, and four involving the relationship between the dental and co-located community clinics. Dental clinic staff do not currently discuss HPV with patients. They are open to discussing HPV with patients but anticipate barriers that require preparation to overcome them. Community clinics have demonstrated previous success with HPV vaccination, but patients over the age of 18 face financial barriers to vaccination. Community clinics and dental clinics report that they do not currently have existing referral networks but are open to a referral system between practices if infrastructure is put into place to support it. Conclusions: Our findings indicate that there is interest in, and potential for, increased discussion of HPV with dental patients and collaboration between dental and community clinics for HPV vaccination referral. The results of this investigation can be used to develop intervention strategies to increase HPV vaccination through referrals between dental clinics and nearby community clinics. Ultimately, this work can reduce health inequities in HPV-related cancers, serve as a model for US dental practices, and possibly influence public health policy. Full article
(This article belongs to the Section Human Papillomavirus Vaccines)
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13 pages, 229 KB  
Project Report
The Transformation of Work—Conducting and Aggregating Research on Human Resources in SMEs Facing Transformation Pressure
by Fabienne Riesel, Volker Bräutigam and Florian Wittmeier
Merits 2024, 4(4), 312-324; https://doi.org/10.3390/merits4040024 - 11 Oct 2024
Viewed by 1134
Abstract
Rarely do so many areas of society change as quickly as now. This study analyses the disruptive transformation of HR/qualification in small and medium-sized enterprises (SMEs) in the leading sectors of mechanical and plant engineering and the automotive industry in Lower Franconia, Bavaria. [...] Read more.
Rarely do so many areas of society change as quickly as now. This study analyses the disruptive transformation of HR/qualification in small and medium-sized enterprises (SMEs) in the leading sectors of mechanical and plant engineering and the automotive industry in Lower Franconia, Bavaria. More precisely, this study is about the Mainfranken region. Administratively, it comprises the two independent cities of Würzburg and Schweinfurt as well as seven administrative districts. This paper researches the long-term transformation of the world of work in terms of skill shortages, procurement strategies and employee performance. This study is based on quantitative and qualitative findings from the funding project transform.RMF in the form of an overarching literature review, a commissioned online survey, stakeholder workshops to identify regional trends and self-conducted expert interviews. Unsurprisingly, the shortage of skilled labour is a serious problem for regional SMEs. Managing directors are aware of the need to act in the acquisition and retention of recruited specialists. This includes in-house benefits, New Work models and competitive acquisition strategies. We must overcome the biggest obstacle to transformation—a lack of qualified personnel—together, structurally. Based on our insights, we create recommendations for action and connecting the potential in the network. In the future, the aim will be to intensify cooperation between society, business, science and politics at the regional level—transform.RMF’s mission in the interests of its members. Full article
(This article belongs to the Special Issue People—the Next Sustainability Frontier)
29 pages, 573 KB  
Article
Dividend Payments and Persistence of Firms’ Green Innovation: Evidence from China
by Tong Li and Nengsheng Luo
Sustainability 2024, 16(18), 7975; https://doi.org/10.3390/su16187975 - 12 Sep 2024
Cited by 5 | Viewed by 1933
Abstract
Green innovation is an important driver for the sustainable development of the real economy and the realization of a green transformation. Previous studies have paid less attention to the relationship between dividend payments and the persistence of green innovation and neglected the mechanism [...] Read more.
Green innovation is an important driver for the sustainable development of the real economy and the realization of a green transformation. Previous studies have paid less attention to the relationship between dividend payments and the persistence of green innovation and neglected the mechanism of knowledge management on the relationship between the two. Using Chinese listed non-financial companies from 2007 to 2022, this paper empirically investigates the effect and mechanism of dividend payment on corporate green innovation persistence based on two perspectives: principal–agent theory and incentive theory, using Tobit and negative binomial models. It was found that there is a non-linear inverted U-shaped relationship between dividend payments and the persistence of green innovation. Dividend payments influence the persistence of green innovation through agency costs and knowledge management capabilities. Both independent director networks and knowledge spillovers have a positive impact on the relationship between the two. Based on firms’ characteristics, the inverted U-shaped relationship between dividend payment and green innovation persistence is found to be more significant for non-state-owned firms and high-tech firms. Depending on the shareholder type, the inverted U-shaped curve between dividend payments for shareholding managers and green innovation persistence is the steepest. This study enriches the relevant literature on green innovations. In addition, it provides companies with a reference for formulating appropriate dividend policies, improving knowledge management capabilities, and improving the persistence of green innovation at a firm level. Full article
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18 pages, 2336 KB  
Article
Performance and Board Diversity: A Practical AI Perspective
by Lee-Wen Yang, Thi Thanh Binh Nguyen and Wei-Ju Young
Big Data Cogn. Comput. 2024, 8(9), 106; https://doi.org/10.3390/bdcc8090106 - 4 Sep 2024
Viewed by 3006
Abstract
The face of corporate governance is changing as new technologies in the scope of artificial intelligence and data analytics are used to make better future-oriented decisions on performance management. This study attempts to provide empirical results to analyze when the impact of diversity [...] Read more.
The face of corporate governance is changing as new technologies in the scope of artificial intelligence and data analytics are used to make better future-oriented decisions on performance management. This study attempts to provide empirical results to analyze when the impact of diversity on the board of directors is most evident through the multi-breaks model and artificial neural networks. The input data for the simulation includes 853 electronic companies listed on the Taiwan Stock Exchange from 2000 to 2021. The empirical results show that the higher the percentage of female board members, the more influential the company’s performance is, which is only evident when the company is in good business condition. By integrating ANNs with multi-breakpoint regression, this study introduces a novel approach to management research, providing a detailed perspective on how board diversity impacts firm performance across different conditions. The ANN results show that using the number of business board members for predicting Return on Assets yields the highest accuracy, with female board members following closely in predictive effectiveness. The presence of women on the board contributes positively to ROA, particularly when the company is experiencing favorable business conditions and high profitability. Our analysis also reveals that a higher percentage of male board members improves company performance, but this benefit is observed only in highly favorable and unfavorable business conditions. Conversely, a higher percentage of business members tends to affect performance during periods of high profitability negatively. The power of the board of directors and significant shareholders is positively correlated with performance, whereas CEO power positively impacts performance only when it is not extremely low. Independent board members generally do not have a significant effect on profits. Additionally, the company’s asset value positively influences performance primarily when the return on assets is high, and increased financial leverage is associated with reduced profitability. Full article
(This article belongs to the Special Issue Machine Learning Applications and Big Data Challenges)
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