IDEAS home Printed from https://ideas.repec.org/a/jfr/ijfr11/v9y2018i1p41-49.html
   My bibliography  Save this article

Performance Evaluation and Determinant Factors of China¡¯s Logistics Enterprises Based on Careersmart Balanced Score Card

Author

Listed:
  • Maoguo Wu
  • Chengzhe Bai

Abstract

China has become the second-largest market for logistics worldwide. However, its logistics performance index (LPI) is ranked 27th, which is far below the average of East Asia and Central Asia (World Bank, 2016). This paper empirically tests determinant factors of China¡¯s logistics enterprises based on the Careersmart Balanced Score Card. The data are gathered from 42 listed logistics enterprises spanning from 2012 to 2016. Empirical results reveal that corporate performance on the part of China¡¯s logistics enterprises is positively correlated with the factors of human capital investment, long-term liability, research and development expenses, the number of employees with higher education preferably a postgraduate degree, and ownership concentration, while factors negatively correlated with the proportion and cost of core business include management, delay rate, company scale, and other factors. The paper also considers the influence of operational management, customer service, asset structure, and innovation. Policy implications based on empirical results are proposed accordingly.

Suggested Citation

  • Maoguo Wu & Chengzhe Bai, 2018. "Performance Evaluation and Determinant Factors of China¡¯s Logistics Enterprises Based on Careersmart Balanced Score Card," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 9(1), pages 41-49, January.
  • Handle: RePEc:jfr:ijfr11:v:9:y:2018:i:1:p:41-49
    DOI: 10.5430/ijfr.v9n1p41
    as

    Download full text from publisher

    File URL: http://www.sciedu.ca/journal/index.php/ijfr/article/view/12635/7804
    Download Restriction: no

    File URL: http://www.sciedu.ca/journal/index.php/ijfr/article/view/12635
    Download Restriction: no

    File URL: https://libkey.io/10.5430/ijfr.v9n1p41?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Luisa Mart𓐊Author-X-Name-First: Luisa & Leandro Garc𨀍, 2014. "The importance of the Logistics Performance Index in international trade," Applied Economics, Taylor & Francis Journals, vol. 46(24), pages 2982-2992, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Önsel Ekici, Şule & Kabak, Özgür & Ülengin, Füsun, 2019. "Improving logistics performance by reforming the pillars of Global Competitiveness Index," Transport Policy, Elsevier, vol. 81(C), pages 197-207.
    2. Mustafa Polat & Karahan Kara & Avni Zafer Acar, 2023. "Competitiveness based logistics performance index: An empirical analysis in Organisation for Economic Co-operation and Development countries," Competition and Regulation in Network Industries, , vol. 24(2-3), pages 97-119, June.
    3. Ulutaş Alptekin & Karaköy Çağatay, 2019. "An analysis of the logistics performance index of EU countries with an integrated MCDM model," Economics and Business Review, Sciendo, vol. 5(4), pages 49-69, December.
    4. Guo, Yaoqi & Zhao, Boya & Zhang, Hongwei, 2023. "The impact of the Belt and Road Initiative on the natural gas trade: A network structure dependence perspective," Energy, Elsevier, vol. 263(PD).
    5. Magazzino, Cosimo & Alola, Andrew Adewale & Schneider, Nicolas, 2021. "The trilemma of innovation, logistics performance, and environmental quality in 25 topmost logistics countries: a quantile regression evidence," LSE Research Online Documents on Economics 117654, London School of Economics and Political Science, LSE Library.
    6. Horatio M. Morgan & Sui Sui & Shavin Malhotra, 2021. "No place like home: The effect of exporting to the country of origin on the financial performance of immigrant-owned SMEs," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(3), pages 504-524, April.
    7. Kabak, Özgür & Önsel Ekici, Şule & Ülengin, Füsun, 2020. "Analyzing two-way interaction between the competitiveness and logistics performance of countries," Transport Policy, Elsevier, vol. 98(C), pages 238-246.
    8. Aggarwal, Sakshi, 2023. "The empirical measurement and determinants of intra-industry trade for a developing country," MPRA Paper 117112, University Library of Munich, Germany.
    9. Emilie Sophie Le Caous & Fenghueih Huarng, 2021. "Economic Complexity and Human Development: Moderated by Logistics and International Migration," Sustainability, MDPI, vol. 13(4), pages 1-23, February.
    10. Dilay Çelebi, 2019. "The role of logistics performance in promoting trade," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 21(3), pages 307-323, September.
    11. Huynh, Cong Minh & Hong, Thien Huong, 2022. "The multi-dimension of international logistics performance and export flows: An empirical study from developing countries," MPRA Paper 112444, University Library of Munich, Germany.
    12. Rashidi, Kamran & Cullinane, Kevin, 2019. "Evaluating the sustainability of national logistics performance using Data Envelopment Analysis," Transport Policy, Elsevier, vol. 74(C), pages 35-46.
    13. Bahadir Fatih Yildirim & Burcu Adiguzel Mercangoz, 2020. "Evaluating the logistics performance of OECD countries by using fuzzy AHP and ARAS-G," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 10(1), pages 27-45, March.
    14. Göçer, Aysu & Özpeynirci, Özgür & Semiz, Meltem, 2022. "Logistics performance index-driven policy development: An application to Turkey," Transport Policy, Elsevier, vol. 124(C), pages 20-32.
    15. Kemal Türkcan & Socrates Kraido Majune, 2022. "Logistics infrastructure and export survival in European Union countries," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 49(2), pages 509-535, May.
    16. Dong, Xiaojuan & An, Feng & Dong, Zhiliang & Wang, Ze & Jiang, Meihui & Yang, Ping & An, Haigang, 2021. "Optimization of the international nickel ore trade network," Resources Policy, Elsevier, vol. 70(C).
    17. Abdolrasoul Ghasemi & Elnaz Miandoabchi & Shiva Soroushnia, 2021. "The attractiveness of seaport-based transport corridors: an integrated approach based on scenario planning and gravity models," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 23(3), pages 522-547, September.
    18. Özceylan, Eren & Çetinkaya, Cihan & Erbaş, Mehmet & Kabak, Mehmet, 2016. "Logistic performance evaluation of provinces in Turkey: A GIS-based multi-criteria decision analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 94(C), pages 323-337.
    19. Zhanarys RAIMBEKOV & Bakyt SYZDYKBAYEVA & Zhibek RAKHMETULINA & Darima ZHENSKHAN, 2018. "The Effectiveness Of Logistics Development And Its Impact On The Economies Of The Countries Along The Silk Road Passing Through Kazakhstan," Transport Problems, Silesian University of Technology, Faculty of Transport, vol. 13(4), pages 127-142, December.
    20. Awaworyi Churchill, Sefa & Baako, Kingsley Tetteh & Mintah, Kwabena & Zhang, Quanda, 2021. "Transport infrastructure and house prices in the long run," Transport Policy, Elsevier, vol. 112(C), pages 1-12.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jfr:ijfr11:v:9:y:2018:i:1:p:41-49. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gina Perry (email available below). General contact details of provider: http://ijfr.sciedupress.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.