Manuscript Type: EmpiricalResearch Question/Issue: We investigate the indirect effect of a board's demographic diversity on firm performance via board monitoring in a context where boards are relatively homogeneous with respect to structural diversity, using data from Turkey. We contextualize our investigation by exploring the influence of ownership configurations on the effect of diversity. Research Findings/Insights: We find a positive and non-linear relationship between demographic diversity and performance, mediated by the board's monitoring efforts. The effect of monitoring is found to be contingent upon (moderated by) the controlling shareholders' propensity to expropriate, measured by the deviation of control rights from cash flow rights, i.e. the wedge. We report that demographic diversity enhances firm performance by mitigating the negative effect of the wedge on board monitoring. Theoretical/Academic Implications: Our results provide empirical support for the importance of contextual factors in the relationship between diversity and performance. Our framework and the compound diversity and board-monitoring indices we construct may prove useful to researchers. Practitioner/Policy Implications: Regulators can use our findings in formulating recommendations or regulations related to desirable characteristics of boards. Our results are also instructive for investors and proxy advisors and indicate that the mere existence of monitoring vehicles may be insufficient to prevent expropriation by dominant shareholders, but diverse boards may mitigate the propensity to expropriate. Board members and shareholders should also benefit from the findings in creating boards that are more diligent monitors.
PurposeCompanies must use their resources effectively and productively if they are to compete in an increasingly competitive globalized economy. Effective performance measurement can support this competitiveness. To be able to do this, companies must know the factors that influence their performance and manage these factors in an effective manner. This study seeks to investigate the effect of manufacturing strategies of manufacturing companies on their financial performance and also the effect of firm size on the impact of manufacturing strategies.Design/methodology/approachA total of 200 manufacturing companies that are registered under the Chamber of Commerce in Gebze, Turkey were selected and their managers interviewed. A total of 102 questionnaires were returned out of 200. Regression analyses were performed using the results of the survey.FindingsIt was found, that an increase in the quality and cost/flexibility increased financial performance. However, the rate of delivery did not have any statistical influence on the financial performance. On the basis of the analysis done on the firm size, the last finding is that the effect of the quality and cost flexibility on financial performance is higher for large companies compared with SMEs.Originality/valueThe paper identifies the manufacturing strategies that significantly influence the financial performance of manufacturing companies and the effect of firm size on the effect of these strategies.
Objective Hypoglycemia is a syndrome characterized by decreased blood glucose levels and can result in morbidity and mortality. Often, patients seek information about hypoglycemia from the Internet and especially YouTube. The objective of this study was to investigate the quality and reliability of the 50 most viewed videos related to hypoglycemia on YouTube. Methods The links of 50 videos that met the criteria were copied to spreadsheet software. Attributes of the uploaders, the content of the videos, their screening time, the date they were uploaded, the number of days since the upload date, the number of daily views, comments, likes, dislike, and video power indexes were recorded. The videos were assessed by two independent emergency specialists using DISCERN and global quality scales (GQS). Results Of the selection, 27 (54%) videos were uploaded by health channels, 11 (22%) by physicians, nine (18%) by hospital channels, and three (6%) by patients. Furthermore, 30 (60%) of these 50 videos were real-content videos and 20 (40%) were animations. The average DISCERN score given by the researchers to 50 videos was 3.72 ± 0.90 (min-max: 1-5) and the average GQS score was 3.65 ± 0.88. Mean video power index (VPI) value was determined as 92.64 ± 11. According to Pearson’s analysis, there was a good agreement between the two observers. Conclusion Videos uploaded by physicians were useful. However, health videos should only be uploaded by physicians. Uploading videos with content that the patients and their relatives can clearly understand is of paramount importance.
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