Purpose The purpose of this paper is to propose a framework of value co-creation in platform ecological circle for cold chain logistics enterprises to guide the transformation and development of cold chain logistics industry. Design/methodology/approach This paper establishes a conceptual framework for the research on the platform ecological circle in cold chain logistics, utilizes a structural equation model to investigate the influencing factors of the value co-creation of the platform ecological circle in the cold chain logistics enterprises and elaborates the internal relations between different influencing factors regarding the value co-creation and enterprises’ performance. Findings Results show that resource sharing in logistics platform ecological circle can stimulate the interaction among enterprises and this produces a positive influence on their dynamic capabilities, which, in turn, affects the they to work together to plan, implement and solve problems, so as to achieve the goal of improving enterprise performance. Practical implications The shared resources and value co-creation activities in the platform ecological circle are very important for the transformation and development of cold chain logistics enterprises. Therefore, enterprises should promote value co-creation through realizing resource sharing and creating a win-win cooperation mechanism. Originality/value This paper targets at incorporating the resource sharing in platform ecological circle for cold chain logistics enterprises, explores from an empirical perspective the role of the resource sharing in cold chain logistics enterprises in enhancing the dynamic capabilities of enterprises, thereby encouraging the value co-creation behavior, and ultimately boosts enterprise performance and stimulates business development.
The study applied fixed effect panel estimation analysis to investigate into capital adequacy behavior of banking industry of Pakistan over the period 2004 to 2009, under numerous regulatory stresses particularly when there is contemporary global crisis embryonic around the world. The emphasis in this paper will be to explore exactly how institutions react to the regulatory capital requirements changes. We found a positive and statistically significant association between return on assets and capital ratio. This pertains to the fact that in order to upturn capital, banks depends more on retained earnings. Another important finding of this study is that the certain features of the bank serves as significantly important factors for a bank response to changing capital requirement such as size (SIZE) has a statistically significant and a negative effect on capital, means that bigger banks are less inclined towards increasing capital as compare to small banks. A likely elucidation for this can be that big banks have easy and better access to the bond market. The relation between risk weighted capital ratio and regulatory pressure is positive and significant, as it implies that banks under regulatory pressure will prefer into less risky ventures. This in turn reduces the chances of bank failure and failure of speculative activities thus reducing the social and economic costs arising from such failures.
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