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on Project, Program and Portfolio Management |
| By: | Khairul Firdaus Anuar (Faculty of Technology, Design & Management, UCYP University, Pahang, Malaysia Author-2-Name: Nurhaizan Mohd Zainudin Author-2-Workplace-Name: Faculty of Industrial Management, Universiti Malaysia Pahang, Al-Sultan Abdullah, Lebuh Persiaran Tun Khalil Yaakob, 26300, Gambang, Pahang, Malaysia Author-3-Name: Muhammad Ashraf Fauzi Author-3-Workplace-Name: Faculty of Industrial Management, Universiti Malaysia Pahang, Al-Sultan Abdullah, Lebuh Persiaran Tun Khalil Yaakob, 26300, Gambang, Pahang, Malaysia Author-4-Name: Author-4-Workplace-Name: Author-5-Name: Author-5-Workplace-Name: Author-6-Name: Author-6-Workplace-Name: Author-7-Name: Author-7-Workplace-Name: Author-8-Name: Author-8-Workplace-Name:) |
| Abstract: | " Objective - This study investigates the impact of Transformational Leadership (TL) on Organizational Infrastructure Resources; Knowledge Sharing (KS), Human Resource Management (HRM) and Top Management Commitment (TMC) in Malaysian construction organizations. Grounded in the Contingency Theory, this research posits that TL is strategic in nature by assisting in aligning internal capabilities to performance goals within a project-driven environment. Methodology/Technique - Using a survey method, this study obtained usable responses to investigate the extent to which these variables affect performance, using Partial Least Squares-Structural Equation Model (PLS-SEM) analysis. Findings - The results of the empirical study reveal that TL has a significant positive influence on all three KS dimensions (KS among projects, KS within projects, and KS within organizations), HRM, and TMC. These results highlight the importance of TL for knowledge-oriented collaboration, the intensification of HR practices, and the strengthening of executive alignment. Novelty - The research adds to the leadership and construction management literature by presenting the significant empirical proof of organizing TL into the organization's infrastructure. Practical implications argue for the institutionalization of TL-based leadership development and its inclusion in HRM and strategic governance practices to enhance organizational performance in construction firms. Type of Paper - Empirical" |
| Keywords: | Transformational Leadership; Knowledge Sharing; Human Resource Management; Top Management Commitment; Construction Industry; Malaysia. |
| JEL: | L00 L25 L74 |
| Date: | 2025–12–31 |
| URL: | https://d.repec.org/n?u=RePEc:gtr:gatrjs:jmmr353 |
| By: | Sjaak Hurkens; Matthew Ellman |
| Abstract: | This paper examines crowdfunding of a risky project with constant returns to scale. The crowdfunder's chosen threshold and interest rate jointly determine profit and welfare via information aggregation and investors' information acquisition and bidding decisions. At fixed investor strategies, a higher threshold funds fewer projects but raises the ratio of good to bad quality among those funded – a "crowdblessing" or positive selection lacking in standard finance. This also reduces incentives to acquire and use private information, as do interest rate increases. Optimal design trades off the scale of investment against the level of crowdblessing. Surprisingly, profit-maximizers induce excessive information acquisition to limit investor rent. Comparative statics show that information acquisition falls with its cost, rises with its precision and falls with prior optimism. Costs reduce welfare but may raise profits by facilitating rent-extraction. |
| Keywords: | costly information, crowdfunding, P2P finance, rent extraction |
| JEL: | C72 D82 G23 L12 |
| Date: | 2025–12 |
| URL: | https://d.repec.org/n?u=RePEc:bge:wpaper:1540 |
| By: | Pollermann, Kim; Fynn, Lynn-Livia |
| Abstract: | Participation has been a key part of pro-youth strategies in the past years. Participation is as well a key element of LEADER. This approach for a Community-Led Local Develop-ment (CLLD) is a well-established “territorial delivery mechanism” to foster rural development in the European Union. The topic of this contribution is to discuss the implementation of youth participation within LEADER, with a review of survey results of projects for young people, whereby the focus lies on the project level and not on participation within the decision-making-process for the selection of projects. This contribution is based on findings from the evaluation of four Rural Development Pro-grammes (RDPs) with 115 LEADER regions in four German federal states (“Länder”). In terms of implementation, projects relating to public services – such as social places for gatherings and interaction – are particularly relevant to the topic of “youth.” Looking at projects for young people, some results indicate long-term benefits for rural devel-opment. An early participation in project development promotes well-tailored projects for the specific needs of this target group. In addition, the direct involvement in project management instils a sense of responsibility in the youth and helps to foster skills such as self-organisation. In the long run, both suitable living conditions and a sense of belonging and responsibility, which can be fostered through participation and volunteering, may contribute to young peo-ple staying or returning to rural areas. This is a very relevant development in light of the cur-rent direction of demographic trends, but it can only be achieved if other needs are fulfilled, such as the provision of suitable job opportunities and infrastructure. |
| Abstract: | Partizipation war in den letzten Jahren ein wichtiger Bestandteil in Diskursen zu Angeboten für Jugendliche. Partizipation ist auch ein Schlüsselelement von LEADER. Dieser Ansatz für eine von der örtlichen Bevölkerung betriebene lokale Entwicklung (Community-Led Local Development, CLLD) ist ein bewährter gebietsbezogener Ansatz zur Förderung der ländlichen Entwicklung in der Europäischen Union. Das Thema dieses Beitrags ist die Diskussion der Umsetzung der Jugendbeteiligung innerhalb von LEADER, mit einer Auswertung der Umfrageergebnisse zu Projekten für junge Menschen, wobei der Schwerpunkt auf der Projektebene und nicht auf der Beteiligung am Entscheidungsprozess für die Auswahl der Projekte liegt. Dieser Beitrag basiert auf den Ergebnissen der Evaluierung von vier Programmen zur Entwicklung des ländlichen Raums (RDP) mit 115 LEADER-Regionen in vier deutschen Bundesländern. In Bezug auf die Umsetzung sind Projekte im Zusammenhang mit öffentlichen Dienstleistungen – wie soziale Treffpunkte und Orte der Begegnung – für das Thema „Jugend“ besonders relevant. Bei der Betrachtung von Projekten für junge Menschen deuten einige Ergebnisse auf langfristige Vorteile für die ländliche Entwicklung hin. Eine frühzeitige Beteiligung an der Projektentwicklung fördert Projekte, die auf die spezifischen Bedürfnisse dieser Zielgruppe zugeschnitten sind. Darüber hinaus vermittelt die direkte Einbindung den Jugendlichen Verantwortungsbewusstsein und trägt zur Förderung von Kompetenzen wie Selbstorganisation bei. Langfristig können sowohl geeignete Lebensbedingungen als auch ein Gefühl der Zugehörigkeit und Verantwortung, das durch Teilhabe und ehrenamtliches Engagement gefördert werden kann, dazu beitragen, dass junge Menschen in ländlichen Gebieten bleiben oder dorthin zurückkehren. Angesichts der aktuellen demografischen Entwicklung ist dies eine sehr relevante Zielsetzung, die jedoch nur erreicht werden kann, wenn auch andere Bedürfnisse erfüllt werden, wie beispielsweise die Bereitstellung geeigneter Arbeitsplätze und Infrastruktur. |
| Keywords: | LEADER, Youth, Rural develpment, Participation, rural area, youth center |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:esconf:333977 |
| By: | Pollermann, Kim; Fynn, Lynn-Livia |
| Abstract: | Community dynamism has to grow at the local level, but there are also options to encourage such developments by means of funding programmes. One example for collective mobilisation are Local Actions Groups (LAGs) as a crucial element of LEADER, which is an EU funding scheme from for Community-Led Local Development (CLLD). LEADER is a place-based, participatory approach which brings together public, private and civil society organisations. Within LEADER, these different stakeholders form an LAG as a type of a public-private partnership. These groups collaborate on the basis of an integrated local development strategy (LDS) and administer own budgets to support projects. To give insights about the implementation of this way of collective mobilisation, we use results from the evaluation of Rural Development Programmes (2014-2022) in Northrhine-Westfalia with 28 LAGs, which is part of a wider evaluation project in four federal states in Germany with 115 LAGs in total. This paper highlights different dimensions of participation and addresses the following questions: • Mobilisation of different groups: What is the institutional origin and socio-demographic profile (gender, age) of the participants? Are there special options to mobilise groups which are usually underrepresented? • Decision-making: Have suitable processes for decision-making in these governance arrangements been established? What are differences in the satisfaction of different groups of stakeholders (civil society, economy, state)? • Activation of voluntary commitment: What kinds of local resources are activated in project implementations? |
| Abstract: | Gemeinschaftliches Engagement muss auf lokaler Ebene wachsen, aber es gibt auch Möglichkeiten, solche Entwicklungen durch Förderprogramme zu unterstützen. Ein Beispiel sind lokale Aktionsgruppen (LAGs) als wesentlicher Bestandteil von LEADER, einem EU-Förderprogramm für die von der örtlichen Bevölkerung betriebenen lokalen Entwicklung (Community-Led Local Development, CLLD). LEADER ist ein gebietsbezogener, partizipativer Ansatz, der öffentliche, private und zivilgesellschaftliche Organisationen zusammenbringt. Im Rahmen von LEADER bilden diese verschiedenen Interessengruppen eine LAG als öffentlich-private Partnerschaft. Diese Gruppen arbeiten auf der Grundlage einer integrierten Entwicklungsstrategie zusammen und verwalten eigene Budgets zur Unterstützung von Projekten. Um Einblicke in die Umsetzung dieser Form der kollektiven Mobilisierung zu geben, verwenden wir Ergebnisse aus der Evaluierung der Programme zur Entwicklung des ländlichen Raums (2014–2022) in Nordrhein-Westfalen mit 28 LAGs, die Teil eines Evaluierungsprojekts in vier Bundesländern mit insgesamt 115 LAGs ist. Dieser Beitrag beleuchtet verschiedene Dimensionen der Beteiligung und befasst sich mit folgenden Fragen: • Mobilisierung verschiedener Gruppen: Was ist der institutionelle Hintergrund und das soziodemografische Profil (Geschlecht, Alter) der Teilnehmer*innen? Gibt es besondere Möglichkeiten, Gruppen zu mobilisieren, die normalerweise unterrepräsentiert sind? • Entscheidungsfindung: Wurden geeignete Prozesse für die Entscheidungsfindung in diesen Governance-Strukturen etabliert? Welche Unterschiede gibt es in der Zufriedenheit der verschiedenen Interessengruppen (Zivilgesellschaft, Wirtschaft, Staat)? • Aktivierung von freiwilligem Engagement: Welche lokalen Ressourcen werden bei der Projektumsetzung aktiviert? |
| Keywords: | Participation, LEADER, CLLD, Voluntary commitment |
| JEL: | R58 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:esconf:334023 |
| By: | Aobdia, Daniel; Köchling, Gerrit; Limbach, Peter; Yoon, Aaron |
| Abstract: | This paper analyzes firms' restatements of their Scope 1 emission numbers after the Securities and Exchange Commission's request for public input on climate-related disclosure in March 2021. Using data from the Carbon Disclosure Project, we find a marked increase in the frequency and magnitude of restatements by U.S. public firms, both relative to their previous restatement levels and to those of private firms not subject to SEC oversight. Firms with independently assured emission data, board-level oversight of climate issues, high transition risk, and high institutional ownership restate less upwards but not downwards. Firms with upward revisions in response to the SEC's initiative increase investments in emission-reduction projects. The results are consistent with widespread weaknesses in firms' carbon reporting infrastructures and strategic motives to underreport. They have important implications for regulators, investors, and standard setters by highlighting the need for robust carbon reporting, and the critical role of assurance of sustainability disclosures. |
| Keywords: | Climate disclosure and its real effects, greenhouse gas emissions, emissions restatements, regulatory scrutiny, SEC oversight, assurance services |
| JEL: | M41 G38 Q56 K22 D82 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:cfrwps:333941 |