• Constructing a total cost of ownership supplier selection methodology based on activity based costing and mathematical programming

      Degraeve, Zeger; Labro, Eva; Roodhooft, Filip (Vlerick Business School, 2004)
      In this paper we elaborate on a Total Cost of Ownership supplier selection methodology that we have constructed using real life case studies of three different industrial components groups in a firm. These case studies are presented in this article. Analysing the value chain of the firm, data on the costs generated by the purchasing policy and on supplier performance are collected using Activity Based Costing (ABC). Since a spreadsheet cannot encompass all these costs, let alone optimise the supplier selection and inventory management policy, a mathematical programming model is used. For a specific component group the combination of suppliers is selected that minimises the Total Cost of Ownership. TCO takes into account all costs that the purchase and the subsequent use of a component entail in the entire value chain of the company. The TCO approach goes beyond minimising purchase price and studies all costs that occur during the entire life cycle of the item in the organisation. Possible savings of between 6 and 14% of the total cost of ownership of the current purchasing policy are obtained for the three cases. Keywords: Activity Based Costing, mathematical programming, supplier selection, purchasing
    • Consumer innovativeness and GLB: a comparative study

      Vandecasteele, Bert; Geuens, Maggie (2006)
    • Coping with change

      Van den Berghe, Lutgart (1994)
    • Corporate governance and board effectiveness : beyond formalism

      Levrau, Abigail; Van den Berghe, Lutgart (2007)
      Mainstream research on boards of directors has been focusing on a direct relationship between board characteristics and firm performance, but up till now the results are inconclusive. Different reasons are put forward to explain this inconsistency, but it can be argued that ‘traditional' board research has been neglecting potential intervening variables. In this paper we present a process-oriented model for board effectiveness by relying on the corporate governance literature and the literature on group effectiveness. We follow the input-process-output approach to extract the significant variables from literature and integrate them into a research framework for studying board effectiveness. In particular, we identify three intervening variables (cohesiveness, debate and conflict norms) which we believe mediate the effects of board characteristics on board performance. The rationale for including these ‘process' variables is the belief that the interactions and relationships among board members determine to a large extent the collective outcomes of the board of directors. In this respect, the model goes beyond the traditional structural attributes of boards of directors to include behavioural or attitudinal measures of board effectiveness. It also highlights the need for a multi-disciplinary approach in empirical research on boards of directors.
    • Corporate international diversification: the impact of foreign competition, industry globalization and product diversification

      Wiersema, Margarethe; Bowen, Harry (2005)
      Significant reductions in barriers to international commerce since the mid-1970s have resulted in markets and industries becoming increasingly integrated across nations. A key consequence of industry globalization has been substantially increased levels of foreign competition in the markets of most nations, and in particular in the U.S. marketplace. The changes in competitive conditions facing firms as markets and industries become more globalized are significant economic phenomena that can be expected to impact corporate strategy in general, and corporate international diversification strategy in particular. Despite increasing global economic integration, the impact of industry globalization on corporate strategy is a question that has been largely overlooked in both the strategic management and international business literatures. This paper seeks to fill this important gap by examining the role of both environmental and firm specific factors in shaping a firm's international diversification strategy. Specifically, we develop a theoretical framework for understanding how industry globalization, foreign competition, and firm product diversification would be expected to influence a firm's strategic choice of its level of international diversification. We then empirically examine for the predicted impact and importance of these factors in a panel data set of U.S. firms from 1987 to 1993. Our study provides the first empirical examination and evidence that industry globalization and foreign-based competition are statistically significant factors explaining the increased international diversification of U.S. firms. Keywords: Corporate Strategy, Globalization, International Diversification
    • Corporate stakeholder responsibility: variation across countries

      Chappel, W.; Gond, Jean-Pascal; Louche, Céline; Orlitzky, M. (2008)
    • Corporate structure of leading firms in Europe: does country of origin still matter?

      De Voldere, Isabelle; Sleuwaegen, Leo; Van Pelt, An; Veugelers, Reinhilde (Vlerick Business School, 2004)
      This article traces the changing impact of national differences on the geographical and industry diversification strategy of leading firms in Europe in 1987-2000, a period of intensified European integration. The results indicate that, whereas country of origin had a significant effect at the beginning of the period, its impact has gradually diminished over time, with firms overall focusing resources on core activities but at the same time expanding production more internationally. However, some country differences do persist over time. Especially firms originating from Germany and Italy appear to be still significantly influenced by national differences.
    • Creating business value with big data

      Isik, Öykü; Vanderheyden, Karlien; Backe, Philippe (2017)
    • Creating succesful collaborative relationships

      Vanpoucke, Evelyne; Vereecke, Ann (2008)
    • Credit classification: a comparison of logit models and decision trees

      Joos, Philip; Vanhoof, K.; Ooghe, Hubert; Sierens, Nathalie (UGent, Fac. Economie & Bedrijfskunde, 1998)
    • Cross-border venture capital and the development of portfolio companies

      Devigne, David; Vanacker, Tom; Manigart, Sophie; Paeleman, Ine (2011)
    • CSR in Belgium: the institutional context and practices

      Louche, Céline; Van Liedekerke, Luc; Everaert, Patricia; Leroy, D.; Rossy, A.; D'Huart, M. (2007)
      Corporate Social Responsibility is a quite recent concept in Belgium which has gained significant momentum since 1995. In May 1997, Belgium set up a legal framework for sustainable development. In April 2006, the government adopted a Reference Framework for CSR followed in 2007 by the CSR action plan. Next to governmental initiatives, the number of actors and platforms involved in CSR has significantly increased leading to the multiplication of CSR initiatives. However, it would be overoptimistic to state that CSR is a well and equally established concept and a set of practices among all Belgian companies. Indeed, CSR in Belgium offers great disparities and diversities. Based on multiple sources of information, the paper provides a descriptive and narrative view on CSR in Belgium, gradually leading towards reflection by the end of the paper. After a brief overview of the context for corporate social responsibility in Belgium, the paper investigates the different components that have been shaping CSR since the 1970s. Subsequently it zooms in to the CSR practices in Belgian companies. Finally, conclusions are drawn on the progress made in Belgium in the area of corporate social responsibility and the future prospects.
    • Customers' usage of self service technology in a retail setting

      Weijters, Bert; Schillewaert, Niels; Rangarajan, Deva; Falk, Tomas (Vlerick Business School, 2005)
      The last decade has seen an increased focus by retailers on using new technologies to deliver their services. The introduction of self-service technologies (SSTs) opens up for retailers the potential of improving productivity and service quality while cutting costs. However previous forays by retailers to get their customers to try these self-service technologies have not been proven to be quite successful. Previous empirical research on the usage of technology based self-services has mainly focused on antecedents of attitude towards and corresponding behavioral intentions to use. However, little empirical research has linked these variables to actual behavior in a real life setting. To address these issues, we collected a combination of survey and observational data using self-scanning lanes as objects of investigation. We identify ease of use, usefulness, fun, and reliability as drivers of attitude towards the SST, which in turn significantly predict actual usage of the SST. We also extend previous research by focusing on the moderating effects of age, education and gender as key demographic variables. Finally, we contribute to the literature by studying the consequences of SST use from the customers' point of view. Keywords: self-service technology, retailing, consumer attitudes and behavior