Decreasing information asymmetry by sharing business data: a case of business non-payers sharing agency

Perko, Igor; Mlinarič, Franjo

doi:10.1504/ijram.2016.074435

Cited by 8 publications

(7 citation statements)

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“…Explicitly, information asymmetry recurs every time the actors involved in a relationship have different amounts of information about exchanged goods or provided services (Caputo and Evangelista, 2019). As a consequence of this difference in information equipment, actors with more information could adopt speculative behaviours to increase their market power (Krishnaswami and Subramaniam, 1999; Perko and Mlinaric, 2016). More specifically, information asymmetry can influence relationships at two different levels (Mulej et al , 2006): Preventive or ex-ante information asymmetry , in the case in which one party hides information that has a relevant role in defining conditions and results of the transaction.…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Towards a holistic view of corporate social responsibility. The antecedent role of information asymmetry and cognitive distance

Caputo

2020

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Purpose This paper aims to enlarge ongoing debate about corporate social responsibility (CSR) proposing reflections about the role of cognitive and information flows in influencing companies’ approaches and market expectations related to CSR. Design/methodology/approach The paper builds upon the research streams related to the information asymmetry and cognitive distance, for identifying through the interpretative lens provided by systems studies, possible key drivers on which policymakers, researchers and practitioners should act for building a suitable, shared and long-term oriented path for CSR. Findings The paper defines a scenario map about CSR in the light of information asymmetry and cognitive distance. Such a map supports both researchers and practitioners in better understanding actions and paths required for building a shared approach to CSR. Research limitations/implications Recognizing the multidimensionality of CSR and the multiple managerial and organizational contributions provided for underling its advantages for companies, the paper focuses the attention on the elements and conditions able to promote, stimulate and encourage companies’ CSR strategies. Originality/value The paper provides a fresh conceptual framework for explaining conditions and elements required for ensuring the success of strategies for CSR. Adopting a systems view, the paper overcomes the limitations related to a reductionist view about advantages and results of CSR to call the attention on the conditions that should be met for ensuring the emergence of a shared approach to CSR.

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Section: Theoretical Backgroundmentioning

confidence: 99%

Towards a holistic view of corporate social responsibility. The antecedent role of information asymmetry and cognitive distance

Caputo

2020

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“…To explore the feasibility of the sharing potential/opportunities, an experiment was conducted. Multiple companies shared data on invoices defaults, issued to their business partners (Perko and Mlinaric, 2016). During the experiment, the paying strategies from regular payments, trough payment delays, and strategic defaults[1] to terminal non-performing invoices were observed.…”

Section: Defaults Sharing Experimentsmentioning

confidence: 99%

“…The data sharing is a proven concept. The financial institutions share their customers' data to avoid credit risk (Dierkes et al, 2013;Kanaparti et al, 2012); the sellers in online marketplaces are rated by their customers; in the supply chains, the inventory information is often shared with the suppliers (Sanders et al, 2011); and non-payment patterns are shared between companies (Perko and Mlinaric, 2016). Nevertheless, for a typical company, especially a small and medium enterprise (SME), the effort to manage complex sharing mechanisms is too large to cope with.…”

Section: Introductionmentioning

confidence: 99%

Sharing business partner behavior

2015

Self Cite

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Purpose – The new concept of business partner behavior sharing practice is addressed from three perspectives: technical/technological, legal and ethical/moral with the aim to elaborate its sharing feasibility, value added, legal restrictions and moral considerations. Research results are synthetized to present an overview on business partners behavior sharing direct and indirect value added, costs and risks and proposing mitigation strategies. The paper aims to discuss these issues. Design/methodology/approach – To evaluate technical feasibility, a real-life sharing experiment is conducted. Using a sharing agency data are collected, summarized and reported. For the purpose of legal evaluation, relevant legislation is analyzed. Ethicality/morality is assessed utilizing theoretical applied-ethics analysis. Two major normative moral theories – teleology and deontology – are selected for this purpose. The synthesis of the research results is represented in system dynamics model. Findings – Results show no significant technical obstacles for the systematic business partner behavior sharing. Also, no major legal or ethical arguments against it are found, although some important conditions are identified that have to be met in order for the practice to be performed legally and to be qualified as ethical/moral. Research limitations/implications – Analysis of legality is limited to the EU and legislation of the Republic of Slovenia. Ethicality of the practice is assessed from the utilitarian and rights perspectives. Practical implications – Important technical, legal and ethical insights into business partner behavior sharing concepts and practices are provided. Originality/value – To the authors’ knowledge, this is the first time that the practice of business partner behavior sharing is addressed simultaneously from technical, legal and ethical perspectives using a real-life experiment. Therefore it is an important contribution to a more holistic account/insight of/into such a business practice.

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“…Building upon this assumption, systems thinking represents the better approach to understanding how all the elements and relationships in society are linked and evolve over the time (Cutcliffe, 2000;Caputo, 2016). The systems thinking approach supports the shift from a reductionist and mechanistic approach direct to explain how elements are composed and related to a holistic and dynamic view in which the attention is also on the elements that affect the emergence and the evolution of the whole phenomenon (Barile et al, 2016;Perko and Mlinari c, 2016).…”

Section: Introductionmentioning

confidence: 99%

Towards a systems thinking based view for the governance of a smart city’s ecosystem

Caputo

Walletzký

Štěpánek

2019

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Purpose This paper aims to investigate the role of Smart Technologies and Big Data as relevant dimensions in affecting the emerging social and economic dynamics of society with the aim to trace possible guidelines and pathways for decision makers and researchers interested in the governance of the Smart City’s ecosystem. The increasing attention to the domain of technologies and the amazing scenario that is emerging as a consequence of the influence of Smart Technology and Big Data in everyday life require reflection upon the ways in which the world is changing. Design/methodology/approach The paper adopts the interpretative lens provided by the systems thinking to investigate the challenging domain of the Smart City. A qualitative and interpretative approach is adopted to reflect upon the role of technologies in everyday life. Findings The Smart City ecosystem is defined as a multilevel construct useful for understanding how technical and technological dimensions of the Smart City can be managed not only as supportive instruments but also as key pillars to support, facilitate and ensure an effective cognitive alignment among all the involved actors. Originality/value This paper provides a tangible evidence of the systems thinking contribution in analysing, understanding and managing dimensions and paths of social dynamics. A contribution to previous studies is provided with reference to systems thinking, Big Data and Smart City.

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Decreasing information asymmetry by sharing business data: a case of business non-payers sharing agency

Cited by 8 publications

References 0 publications

Towards a holistic view of corporate social responsibility. The antecedent role of information asymmetry and cognitive distance

Towards a holistic view of corporate social responsibility. The antecedent role of information asymmetry and cognitive distance

Sharing business partner behavior

Towards a systems thinking based view for the governance of a smart city’s ecosystem

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