We examined the influences of different facets of psychological collectivism (Preference, Reliance, Concern, Norm Acceptance, and Goal Priority) on team functioning at 3 different performance depictions: initial team performance, end-state team performance, and team performance change over time. We also tested the extent to which team-member exchange moderated the relationships between facets of psychological collectivism and performance change over time. Results from multilevel growth modeling of 66 teams (N = 264) engaged in a business simulation revealed differential effects across facets of psychological collectivism and across different performance measurements. Whereas facets concerned with affiliation (Preference and Concern) were positively related to initial team performance, reliance was negatively related to initial team performance. Goal Priority was a strong predictor of end-state performance. Team-member exchange moderated the relationship between performance change and 3 of the 5 facets of psychological collectivism (Preference, Reliance, Norm Acceptance). Implications for team composition and team training are discussed.

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The Power of “We”: Effects of Psychological Collectivism on Team Performance over Time

Balanced scorecard based performance measurement of European airlines using a hybrid multicriteria decision making approach under the fuzzy environment

As Initial Public Offering (IPO) is a significant milestone in the financial strategy of a firm, this study aims to evaluate performance of IPOs using multiple measures including account­ing-based performance (ABP), value-based performance (VBP) and overall performance (OP) in the pre-and post-IPO periods. Therefore, we present two combined approaches based on a compromise MCDM method-VIKOR and objective weighting methods-CRITIC and MW (Mean Weight) to evaluate and rank IPOs to help shareholders with understanding on how their performance changes under the different measures. Since the compromise solution (one or a set) proposed by VIKOR depends substantially on criteria weights, VIKOR-CRITIC can show more realistic results because of the differential weights assigned to criteria by CRITIC. In this study, a case study is con­ducted in order to evaluate the performance of Turkish IPOs based on ABP, VBP and OP measures using the combined methods. The results show that the compromise solution results obtained by VIKOR-CRITIC may be a guideline for investors in making more profitable investment decisions before leaping into any investment decision.
First published online: 27 Mar 2017

/pdf/a-multi-criteria-performance-analysis-of-initial-public-2cjq8hnr5o.pdf

A multi-criteria performance analysis of Initial Public Offering (IPO) firms using CRITIC and VIKOR methods

Evaluation of hydroponic systems for the cultivation of Lettuce (Lactuca sativa L., var. Longifolia) and comparison with protected soil-based cultivation

The impact of carbon emissions on corporate financial performance within the African corporate setting has remained open and inconclusive, owing primarily to the unavailability of data. However, this paper examines the effect of carbon emissions (Scope 1, Scope 2, and Scope 1 and 2) on the financial performance (ROE, ROI, and ROS) of 63 South African CDP companies for the 2015 fiscal year. Using multiple regression techniques, the paper found overwhelming evidence of a negative relationship between carbon emissions and corporate financial performance. Thus, results indicate that companies which integrate green investment initiatives designed to lower carbon emissions can effectually manage financial performance. Therefore, the paper provides useful insights on how companies can fully utilise their organisational resources and capabilities as well as gain insight, resulting in a higher environmental and financial performance within a firm.

https://www.mdpi.com/2071-1050/10/7/2398/pdf

The Impact of Carbon Emissions on Corporate Financial Performance: Evidence from the South African Firms

This title contains proven techniques for all managers and financial professionals to generate, understand, and act upon key financial information. The syntax and 'code' of financial analysis, along with the avenues for arriving at appropriate and useful answers, have long seemed like a foreign language to nonfinancial managers. "Financial Analysis Tools and Techniques" simplifies the process, and provides busy managers and professionals with the guidelines they need for conducting effective analysis and making sound economic trade-offs and business decisions.In a business systems context, this essential book explains how to: interpret financial statements; develop financial projections; evaluate business investment decisions; assess the implications of financing choices; derive the value of a business or security; understand the role of analysis in creating shareholder value; and financial genome by Modernsoft, Inc. This advanced knowledge-based business analysis and planning software is fully integrated with this book, allowing users to: access data from databases, spreadsheets, user input; develop free-form or structured analysis with consistency; produce a wide variety of customizable financial statements; and create integrated financial pro-forma projections. Since the first of its ten editions appeared in 1963, Erich Helfert's seminal "Techniques of Financial Analysis" has provided business students as well as financial practitioners with a concise and practical overview of financial analysis tools and concepts.What sets this classic text apart then, and continues to distinguish it today, has been its focus on the continuous interrelationship between management decisions and the economic value of a business, explained in a unique systems context. "Financial Analysis: Tools and Techniques" adapts this seminal reference to today's fast-changing professional market and establishes a new benchmark for direct, concise, and practical financial analysis information and interpretation. Specifically addressing key analytical needs in the tumultuous twenty-first-century business environment, it comments on valuable business applications of the tools and concepts with insights from Erich Helfert and his consulting clients.Providing focused analysis of the economics of business investments and valuation, presenting discussions of cash-flow trade-offs and time-value analysis against the strategic backdrop of the business system, and emphasizing enhancement of shareholder value through value-based management (VBM), "Financial Analysis: Tools and Techniques" will help all nonfinancial managers to make sound investment, operating, and financing decisions.Concise yet sufficiently detailed, it covers the full range of financial analysis issues, including: managing the business as a system; financial statements; funds cycles for manufacturing, sales, and service; cash management; ratio analysis and performance; pro-forma financial statements; financial modeling; leverage financial growth plans; time value of money; analysis of investment decisions; using return standards; cost of capital; financing choices; definitions of value; and shareholder value and value-based methodologies. "Financial Analysis: Tools and Techniques" is a quick and easy read for the nonfinancial manager and an excellent refresher and reference for the financial professional. In conjunction with its companion software Financial Genome, it represents the next step in financial analysis one that gives financial analysis and economic decisions their proper importance and context in the successful operation of a business.

Erich A. Helfert

Papers

Financial analysis : tools and techniques : a guide for managers