Rationale, aims, and objectives
Creating networked business models is one of the innovative approaches that have the ability and potential for meeting market needs. The purpose of this study is to ...provide a decision‐making model for a fair profit sharing among the members of a diagnostic laboratory network while providing a distinctive value for the patients.
Methods
To identify the members of the network of laboratories, a suitable approach to calculate members' efficiency scores is proposed. Then, the network members are classified into three groups based on their performance scores. The three groups help administrators identify eligible members, members who need to improve their performance in order to meet the minimum requirements, and members who do not qualify for admission to the network. Since the performance of the members should play a significant role in the fair profit‐sharing mechanism, the fair allocation of profits among network members is done by the use of Shapely value based on the efficiency scores of members.
Results
The results show that for such a fair mechanism, the efficiency and sample size (the number of samples blood and urine taken from the patients by the laboratories), as the two effective factors, have a decisive role in the share of profit of laboratory units of the network. In the Laboratory Services Network, members receive a number of samples according to their performance. As a result, the sample size received has a direct impact on the net income of each member.
Conclusion
In conclusion, it is evident that the use of Shapely value may help managers in the process of sharing profits among network members in a fair way, thereby improving network performance. In this way, incentive strategies may be created for the members of the network, and long‐term survival of the network may be achieved.
•Design a dyadic green apparel supply chain of an emerging economy country.•Devise profit sharing and greening cost sharing contracts for collaboration.•Present bargaining between supply chain ...members in the presence of bargaining power.•Present the impact of fairness concern on the greening and the pricing decisions.
The green apparel production in the emerging economy countries is facing several issues such as collaboration practices, profitability concerns of the firms, etc. In this context, we present the collaboration mechanism using greening cost sharing contract and profit sharing contract for a dyadic green apparel supply chain of an emerging economy country. Next, we demonstrate the bargaining process between the supply chain members for both contracts. Further, we investigate the impact of the fairness concern of the supply chain members on the greening and pricing decisions. We perform a rigorous numerical analysis and discuss the managerial insights.
•We consider both the direct and traditional canvassing channels of the carrier.•We study empty container planning and channel coordination in the DCCTSC.•We introduce the option contract into ...maritime supply chain.•We design a revenue-sharing option contract to resolve conflicts in the DCCTSC.•We broaden the application scenarios of supply chain contracts.
This paper examines empty container capacity planning and channel coordination in a dual-channel container transportation service chain (DCCTSC) in the context of random market demand. We first develop a benchmark model that does not take into account the option contract. Then, we introduce the option contract between the forwarder and the carrier and establish empty container leasing models in the decentralised and centralised modes. Next, we introduce an improved revenue-sharing contract based on the model constructed above to investigate the coordination of the revenue-sharing option contract in the DCCTSC. We obtain the relational equation for the contract parameters that is satisfied when the system is coordinated and analyse the Pareto improvement interval for the contract parameters that enable the carrier and the forwarder to attain a mutually beneficial outcome. Finally, the conclusion is confirmed by numerical simulation. The outcomes indicate that the option contract is effective in reducing the risk to the forwarder caused by market uncertainty, leading to an approximately 16-fold increase in its profit. The revenue-sharing option contract can reasonably distribute the system’s profits, resulting in a win–win outcome for both the carrier and the forwarder, increasing the total system profit by up to 6.45%.
Public perceptions and attitudes towards bank interest and profit-sharing systems vary widely. Some people in Indonesia accept and reject bank interest, but some others accept the profit-sharing ...system while still receiving interest. These diverse attitudes provide an interesting nuance as an illustration of people's perceptions and attitudes towards bank interest and profit sharing. This study aims to examine the effect of customer perceptions of profit sharing on the intention to save, examine the effect of customer perceptions of promotions on interest in saving, examine the effect of customer perceptions of service quality on interest in saving and examine the effect of profit sharing, promotion and service quality as a whole simultaneous on customers' interest in saving. The author distributes questionnaires to customers funding at BRI Syariah Purwokerto Branch. Respondents who became the sample in this study were 100 customers. The technique of determining the sample using the technique puposive sampling. The data analysis method is carried out by carrying out several tests, namely validity, reliability, classic assumptions and hypothesis testing which includes the t test and f test. The results of this study indicate that: 1) customer perceptions of profit sharing affect the customer's intention to save as indicated by the t-count value which is greater than t-table where the t-count value is 2.351 and the t-table value is 1.984, 2). Customer perceptions about promotions have no effect on the intention to save as indicated by the t-count value which is smaller than the t-table where the t-count value is 0.416 and the t-table value is 1.984, 3). Customer perceptions of service quality have an effect on customers' interest in saving as indicated by the t-count value which is greater than t-table where the t-count value is 2.102 and the t-table value is 1.984, and 4). customer perceptions about profit sharing, promotions and service quality simultaneously effect on the interest in saving as indicated by the results of the calculation of the f test where the value of f calculate 4.382 which is greater than f table 2.70.
Using a sample of 450 Korean firms, this study investigates the moderating effects of collective pay-for-performance (PFP) on the relationship between total quality management (TQM) and firm ...performance. Specifically, we focus on the differential effects of three forms of collective PFP (team incentives, profit sharing, and stock ownership) on the TQM-labour productivity relationship, based on the premise that each form of collective PFP has different sets of characteristics. Our results provide evidence that team incentives have a negative moderating effect, while profit sharing and stock ownership have positive moderating effects on TQM and firm performance. Additionally, we found that the moderating effect of profit sharing is stronger than that of stock ownership when considering simultaneously. Our findings suggest that organizations should carefully consider the different forms and characteristics of collective PFP when designing a compensation system and allocating rewards to enhance the positive impact of collective PFP on the TQM-firm performance relationship.
The objective of this study is to test the influence of inflation rates, interest rates, liquidity rates proxied by the finance to deposit ratio, and profit sharing rates to the amount of mudharabah ...deposit. This study conducts the regression analysis and uses time series data which retrieved from the quarterly financial statements of BRI Syariah and BCA Syariah in Indonesia over period of 2014 to 2018 as the sample. The study proves that: (a) the inflation rates is insignificant to influence the amount of deposit mudharabah; (b) the interest rates is insignificant to influence the amount of deposit mudharabah of BRI Syariah and BCA Syariah because when the interest of conventional bank increase then the amount of deposit mudharabah do not experience dramatic changes because the customers still invest their fund at BRI Syariah and BCA Syariah; (c) finance to deposit ratio is significant to influence the amount of mudharabah deposit; (d) the rates of share profit is insignificant to influence the amount of mudharabah deposit; and (e) size is insignificant to influence the amount of mudharabah deposit.
We develop a simple incomplete‐contract model of the relationship between worker participation to revenue sharing and innovation performance of firms, under firing regimes with different stringency. ...Stronger worker participation to profits is shown to increase innovation probability when employer‐side hold‐up is prevented by stringent layoff regulation and the human capital matters significantly. Vice‐versa, under a strict layoff regulation, when the financial capital is relatively more important, the effects of worker participation devices may be reduced or inverted. Our results may help in understanding why there is no one‐size‐fits‐all optimal strategy in the design of worker financial participation mechanisms for knowledge‐intensive productions.
A cooperative species Bowles, Samuel; Bowles, Samuel; Gintis, Herbert
2011., 20110531, 2011, 2011-05-31
eBook
Why do humans, uniquely among animals, cooperate in large numbers to advance projects for the common good? Contrary to the conventional wisdom in biology and economics, this generous and civic-minded ...behavior is widespread and cannot be explained simply by far-sighted self-interest or a desire to help close genealogical kin.
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