Papers by Michael Angelo Cortez
Academy of Marketing Studies Journal, 2014
INTRODUCTION During the past two decades, the role of fast fashion in the apparel industry has en... more INTRODUCTION During the past two decades, the role of fast fashion in the apparel industry has enhanced substantially. Fast fashion refers to designs that move swiftly from runway to stores in order to capture the latest trends. Bhardwaj and Fairhurst (2009) stated that the advent of this sector was stimulated by the fading of mass production and an increasing number of fashion seasons, which occurred in the mid-1980s. The rising position of fast fashion has triggered intense competition among different companies, in which Abercrombie & Fitch, Fast Retailing, Inc. Ltd., Forever 21, GAP Inc., HM (3) explore the opportunities and risks for major fast fashion players based on both internal and external analysis. We use both quantitative and qualitative analysis of primary and secondary sources by evaluating the annual reports of FFQ players in the past ten years. Simultaneously, we perform observation analysis of FFQ locations in Tokyo, Seoul and New York City. Our qualitative analyses...
Bookmarks Related papers MentionsView impact
Furthering the literature on the virtuous cycles between environmental innovation and financial p... more Furthering the literature on the virtuous cycles between environmental innovation and financial performance, we revisit the link by challenging conventional wisdom of the resource-based view perspective and the slack availability of resources. In my earlier studies that contrasted the relationships of these constructs for automotive and electronics companies, the virtuous cycles did not appear to hold for longitudinal periods. Automotive companies, although limited in number, seemed to have more virtuous cycles than electronics companies. Revisiting the analysis to include the chemical manufacturing industry paints a bigger if not a better picture of sustainable industries from a green supply chain perspective. In this study, I aim to: (1) explore the directional relationships of environmental innovations and financial performance and if it holds on a longitudinal basis; (2) determine if virtuous cycles exist; (3) establish and contrast patterns of construct relationships for the au...
Bookmarks Related papers MentionsView impact
Journal of international business research, 2015
ABSTRACTInnovation plays a central role in the sustainable operations of electronics companies co... more ABSTRACTInnovation plays a central role in the sustainable operations of electronics companies considering the fast product life cycles and rates of obsolescence. Conventional theories point to the impact of innovation on financial performance; where these innovations take the form of marketing, product design and functionality and from within a company's organizational structure.On the other hand, firm size and prior financial performance were deemed as possible determinants of innovation. The relationship between these constructs may be bi-directional and hence, we attempt to present that in this research. We aim to meet to following objectives: (1) determine the impact of innovation on financial performance; (2) explore the reversal relationship if financial performance controls innovation; (3) and substantiate differences in country scenarios.For purposes of this study, we limit the sample companies to the segment of personal computing electronics (i.e., tablets, smartphones...
Bookmarks Related papers MentionsView impact
The BPO market is continuously expanding as a result of the integration of global markets and the... more The BPO market is continuously expanding as a result of the integration of global markets and the harmonization of accounting and financial standards for stronger corporate governance. However, the impact of these opportunities depends on the competitiveness in various locations and modes of supply. The growth in offshore outsourcing registered in recent years has been made possible by rapid developments in ICT. With these developments many firms across the world have engaged in BPO for cost efficiency, flexibility, performance enhancement, market strength, improvement of services and overall competitiveness.
Bookmarks Related papers MentionsView impact
Green Growth: Managing the Transition to a Sustainable Economy, 2012
Sustainability reporting as facilitated by the Ministry of Environment's environmental accou... more Sustainability reporting as facilitated by the Ministry of Environment's environmental accounting and reporting guidelines has been standardized in Japan for over a decade now. Product and process improvements pertinent to environmental innovations are measured in environmental costs. Following literature on the resource-based view perspective, this chapter describes the positive impact of environmental innovations on financial performance. Alternatively, the slack availability of resources perspective ...
Bookmarks Related papers MentionsView impact
Global Movements in the Asia Pacific, 2009
With the movement of capital, goods, and services, comes the movement of people as a driving forc... more With the movement of capital, goods, and services, comes the movement of people as a driving force of globalization. It can be argued that if the movement of capital, goods, and services can be allowed, why not the movement of people to address the asymmetries in demographics and manpower in trading countries? This chapter explores the impact of the recently forged free trade agreement between the Philippines and Japan on the movement of people. In an earlier study prepared for the Japan-Philippines Economic Partnership ...
Bookmarks Related papers MentionsView impact
Gender, Technology and Development, 2008
ABSTRACT The Philippines is considered one of the best practices in temporary labour migration in... more ABSTRACT The Philippines is considered one of the best practices in temporary labour migration in the ASEAN. With Overseas Filipino Workers (OFWs) deployed in more than two hundred countries and trust territories, remittances are seen as a significant force in stabilizing the economy.
Bookmarks Related papers MentionsView impact
The economic integration of East and Southeast Asia has been an expressed goal of the ASEAN, Japa... more The economic integration of East and Southeast Asia has been an expressed goal of the ASEAN, Japan, China and South Korea. Economic integration in the East Asian region has been influenced by market driven forces as well as institutional drivers (Urata, 2006). The market-driven forces refer to the impact of economic of growth, globalization, improvements in information technology and increasing competition on the rapid expansion of trade, investments and flows of people across the region. It is estimated that intra-regional trade ...
Bookmarks Related papers MentionsView impact
Abstract: There is a growing demand for corporate social responsibility in accounting and nonfina... more Abstract: There is a growing demand for corporate social responsibility in accounting and nonfinancial reports in the form of sustainability reports. Environmental accounting is now advocated in Japan following the initiatives of the government. Apart from being required, nor voluntary, a cost-benefit study may encourage more disclosures and reporting guided by a prescribed framework if benefits justify the costs. With Toyota Motors Corporation as subject, this study aims to:(1) describe Toyota's environmental accounting report within the ...
Bookmarks Related papers MentionsView impact
DLSU Business & Economics Review, Jan 31, 2012
Bookmarks Related papers MentionsView impact
Bookmarks Related papers MentionsView impact
Social legitimacy is a conventional view on why companies perform sustainability reporting. In th... more Social legitimacy is a conventional view on why companies perform sustainability reporting. In this age of global warming, firms communicate their environmental performance to their varied stakeholders to renew their social license as a responsible corporate entity. However, social and environmental performance was earlier viewed by management as a business nuisance. This study explores the impact of environmental innovations on financial performance of Japanese electronics companies following the growing literature linking ...
Bookmarks Related papers MentionsView impact
Journal of International Business Research, Dec 1, 2011
Abstract: The resource-based view perspective has been referred to as the theoretical foundation ... more Abstract: The resource-based view perspective has been referred to as the theoretical foundation of studies linking the impact of corporate social performance to financial performance. Alternatively, scholars argue that the direction of the relationship could be the other way around--that financial performance facilitates the investment in corporate social performances.
Bookmarks Related papers MentionsView impact
Abstract: Sustainability reporting has been standardized as a practice in Japan since 2001 in com... more Abstract: Sustainability reporting has been standardized as a practice in Japan since 2001 in compliance with the Ministry of Environment's environmental reporting guidelines. Manufacturing companies were quick to report their environmental costs as a result of innovations in product designs and process improvements. The economic benefits were estimated by the reporting companies in relation to their environmental costs. However, this case study of industries further explore how environmental innovations measured through ...
Bookmarks Related papers MentionsView impact
DLSU Business & Economics Review, Jul 21, 2011
... Critical to long-term economic sustainability is maximizing resource use efficiently at natur... more ... Critical to long-term economic sustainability is maximizing resource use efficiently at natural rate and finite resources are being consumed in sustainable manner (Economic & Social Commission for Asia and the Pacific [ESCAP], 2008). Senge (2008) calls ...
Bookmarks Related papers MentionsView impact
Journal of International Business Research, Sep 1, 2011
Abstract: Japan's environmental accounting and reporting has been in practice for over a dec... more Abstract: Japan's environmental accounting and reporting has been in practice for over a decade now, as facilitated by the Ministry of Environment guidelines. Sustainability's triple bottom-line, however, is seen not from a balanced perspective but with a strong focus on environmental conservation over social performance. Sustainability reports show genuine environmental philosophies while social concerns appear to have been designated as mainly a function of the government.
Bookmarks Related papers MentionsView impact
Academy of Accounting and Financial Studies Journal, 2011
Bookmarks Related papers MentionsView impact
The United States of America is the top trading partner of the Philippines and also the top desti... more The United States of America is the top trading partner of the Philippines and also the top destination of highly skilled and professional Filipino workers. This paper explores the possibility of a free trade agreement (FTA) that covers the asymmetries of the two countries in labor, services and human resources development, particularly educational services. The existing FTAs of the US were examined to seek for provisions the Philippines may adopt for a freer movement of natural persons. However, there are barriers inherent ...
Bookmarks Related papers MentionsView impact
Asia Pacific Regional Initiative on Trade, Economic Governance, and Human Development, Jul 21, 2003
Trade in services has been one of the major focal points of liberalization under the last round o... more Trade in services has been one of the major focal points of liberalization under the last round of multilateral negotiations. Unlike trade in services, where tariffs and quantitative restrictions are relatively easy to manage in order to expand the flow of trade in goods, trade in services globally is more complicated. Service is not storable, tangible and involves the simultaneous action between the service provider and the service consumer (Stephenson 2002). Member countries have instituted their respective domestic regulations on services to promote public interest and consumer protection due to the asymmetry between the contracting parties. These regulatory frameworks have hindered the growth of trade in services internationally and made services mainly a domestic economic activity. However, with the developments in communications, information and communications technology, massive movement of capital through foreign direct investment and financial flows, international trade in services has expanded in leaps and bounds in recent years.
Bookmarks Related papers MentionsView impact
Asia-Pacific Trade and Investment Review, 2006
The overall objective of the movement of natural persons (MNP) in the ASEAN region is to contribu... more The overall objective of the movement of natural persons (MNP) in the ASEAN region is to contribute to expanding trade in services and to deepening economic integration. However, the regional movement of human resources has proceeded beyond the expansion of trade and has persisted in response to labour market imbalances. Thus, movement of workers in the region can be viewed from two perspectives: trade negotiations and labour market disparities. This paper aims to describe the measures addressed by the ...
Bookmarks Related papers MentionsView impact
Uploads
Papers by Michael Angelo Cortez