Pub Date : 2022-02-21DOI: 10.1080/10978526.2022.2041431
Matheus Dermonde, B. Fischer
Abstract Startups are a contemporary business model that repeatedly presents issues related to financial constraints. Recently, the adoption of franchising emerged as a possibility for startups. This study adopts a novel approach in the startup literature to explain the decision-making process for startups formulating franchising strategies. Additionally, an exploratory framework of this process was designed. Multiple-case studies on Brazilian startups that operate through franchised units were carried out. For startups that operate through conventional franchises, the use of third-party capital is predominant, while for those that operate with micro franchises the lack of an employment relationship is determinant.
{"title":"Franchising Strategies in Startups: Building an Analytical Framework","authors":"Matheus Dermonde, B. Fischer","doi":"10.1080/10978526.2022.2041431","DOIUrl":"https://doi.org/10.1080/10978526.2022.2041431","url":null,"abstract":"Abstract Startups are a contemporary business model that repeatedly presents issues related to financial constraints. Recently, the adoption of franchising emerged as a possibility for startups. This study adopts a novel approach in the startup literature to explain the decision-making process for startups formulating franchising strategies. Additionally, an exploratory framework of this process was designed. Multiple-case studies on Brazilian startups that operate through franchised units were carried out. For startups that operate through conventional franchises, the use of third-party capital is predominant, while for those that operate with micro franchises the lack of an employment relationship is determinant.","PeriodicalId":35384,"journal":{"name":"Latin American Business Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48046666","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-10DOI: 10.1080/10978526.2022.2031203
Custodio Genésio da Costa Filho, J. D. de Mesquita, D. Rezende
Abstract This study aimed to evaluate the influence of cultural capital on status consumption in the middle class of Brazil. It was conducted via three focus groups and 18 individual semi-structured interviews, involving middle-class adult men from Belo Horizonte, Brazil. Based on content analysis, we analyzed various items of status consumption and identified several differences between members of the lower and upper middle class, with high and low cultural capital. Results indicate that the distinction is sharp in some social consumption fields (cooking practices, language skills, and travel) yet only slight in other categories (sports, technological, and home products).
{"title":"Status Consumption in Emerging Markets: Evidence from Brazil","authors":"Custodio Genésio da Costa Filho, J. D. de Mesquita, D. Rezende","doi":"10.1080/10978526.2022.2031203","DOIUrl":"https://doi.org/10.1080/10978526.2022.2031203","url":null,"abstract":"Abstract This study aimed to evaluate the influence of cultural capital on status consumption in the middle class of Brazil. It was conducted via three focus groups and 18 individual semi-structured interviews, involving middle-class adult men from Belo Horizonte, Brazil. Based on content analysis, we analyzed various items of status consumption and identified several differences between members of the lower and upper middle class, with high and low cultural capital. Results indicate that the distinction is sharp in some social consumption fields (cooking practices, language skills, and travel) yet only slight in other categories (sports, technological, and home products).","PeriodicalId":35384,"journal":{"name":"Latin American Business Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-02-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46270403","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-20DOI: 10.1080/10978526.2022.2026782
A. Kara, John E. Spillan, Alma Mintu-Wimsatt, Long Zhang
Abstract The purpose of this paper was to investigate entrepreneurial intentions among university students in China and Mexico. Findings reveal that students’ perceptions of an entrepreneurship major, self-employment, and self-confidence levels influence their entrepreneurial intentions. In addition, we found that external structural support had a significant moderating effect on the self-confidence and entrepreneurial intent relationship. The aforementioned moderating relationship was mitigated by access to and availability of external support.
{"title":"The Role of Higher Education in Developing Entrepreneurship: A Two-Country Study","authors":"A. Kara, John E. Spillan, Alma Mintu-Wimsatt, Long Zhang","doi":"10.1080/10978526.2022.2026782","DOIUrl":"https://doi.org/10.1080/10978526.2022.2026782","url":null,"abstract":"Abstract The purpose of this paper was to investigate entrepreneurial intentions among university students in China and Mexico. Findings reveal that students’ perceptions of an entrepreneurship major, self-employment, and self-confidence levels influence their entrepreneurial intentions. In addition, we found that external structural support had a significant moderating effect on the self-confidence and entrepreneurial intent relationship. The aforementioned moderating relationship was mitigated by access to and availability of external support.","PeriodicalId":35384,"journal":{"name":"Latin American Business Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2022-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46254574","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-11-13DOI: 10.1080/10978526.2021.1997334
Juliano Ribeiro de Almeida, Daniel Reed Bergmann, José Roberto Ferreira Savoia, G. Almeida, Marina Arantes Braga
Abstract We carry out an in-depth analysis of patterns in stock market returns in seven Latin American countries to identify the presence and persistence of the “sell in May and go away” strategy. We use a predictive ability test to consider data snooping problems and the statistical interference of rules based only on historical asset prices. In line with the efficient market hypothesis, our results show that a trading strategy based on the Halloween effect never offered a significantly superior investment strategy than a “buy and hold” benchmark strategy in Latin American countries.
{"title":"An Analysis of “Sell in May and Go Away” Strategy in Latin American Stock Markets","authors":"Juliano Ribeiro de Almeida, Daniel Reed Bergmann, José Roberto Ferreira Savoia, G. Almeida, Marina Arantes Braga","doi":"10.1080/10978526.2021.1997334","DOIUrl":"https://doi.org/10.1080/10978526.2021.1997334","url":null,"abstract":"Abstract We carry out an in-depth analysis of patterns in stock market returns in seven Latin American countries to identify the presence and persistence of the “sell in May and go away” strategy. We use a predictive ability test to consider data snooping problems and the statistical interference of rules based only on historical asset prices. In line with the efficient market hypothesis, our results show that a trading strategy based on the Halloween effect never offered a significantly superior investment strategy than a “buy and hold” benchmark strategy in Latin American countries.","PeriodicalId":35384,"journal":{"name":"Latin American Business Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47155722","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-29DOI: 10.1080/10978526.2021.1997144
L. Chamba-Rueda, G. Dávila, Mariuxi Pardo-Cueva
Abstract This paper aims to analyze the relationship between quality management, knowledge management, and innovative performance, and their impact on organizational performance in an emerging country. A sample of 349 Ecuadorian companies was surveyed between March and August 2017. Structural equation modeling was used for testing the theoretical hypothesis. Our study is one of the first attempts to explore the role of quality management for improving knowledge creation and innovation performance in emerging countries. Specifically, our results show which quality management practices are the most efficient for enhancing knowledge creation and innovation performance in an emerging country like Ecuador.
{"title":"Quality Management, Knowledge Creation, and Innovation Performance: Insights from Ecuador","authors":"L. Chamba-Rueda, G. Dávila, Mariuxi Pardo-Cueva","doi":"10.1080/10978526.2021.1997144","DOIUrl":"https://doi.org/10.1080/10978526.2021.1997144","url":null,"abstract":"Abstract This paper aims to analyze the relationship between quality management, knowledge management, and innovative performance, and their impact on organizational performance in an emerging country. A sample of 349 Ecuadorian companies was surveyed between March and August 2017. Structural equation modeling was used for testing the theoretical hypothesis. Our study is one of the first attempts to explore the role of quality management for improving knowledge creation and innovation performance in emerging countries. Specifically, our results show which quality management practices are the most efficient for enhancing knowledge creation and innovation performance in an emerging country like Ecuador.","PeriodicalId":35384,"journal":{"name":"Latin American Business Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-10-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47117608","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-20DOI: 10.1080/10978526.2021.1992597
Minelle E. Silva, Alison Ashby, C. M. Nascimento
Abstract This paper argues that micro and small enterprises (MSEs) can address social supply chain sustainability using social capital elements. Through a nested case study at José Avelino fashion center, results show the prominence of internal social sustainability performance and strong elements related to a friendly and familiar connection among members of the MSE’s supply chain, but their relationships remain transactional. It was established that while structural and cognitive capital exists, relational capital is limited due to a lack of trust and commitment between suppliers. This paper demonstrates how social issues can be addressed to support the pathway to a balanced response to sustainability in MSE supply chains.
{"title":"Social Sustainability in Micro and Small Enterprise Supply Chains: Empirical Insights from the Clothing Industry","authors":"Minelle E. Silva, Alison Ashby, C. M. Nascimento","doi":"10.1080/10978526.2021.1992597","DOIUrl":"https://doi.org/10.1080/10978526.2021.1992597","url":null,"abstract":"Abstract This paper argues that micro and small enterprises (MSEs) can address social supply chain sustainability using social capital elements. Through a nested case study at José Avelino fashion center, results show the prominence of internal social sustainability performance and strong elements related to a friendly and familiar connection among members of the MSE’s supply chain, but their relationships remain transactional. It was established that while structural and cognitive capital exists, relational capital is limited due to a lack of trust and commitment between suppliers. This paper demonstrates how social issues can be addressed to support the pathway to a balanced response to sustainability in MSE supply chains.","PeriodicalId":35384,"journal":{"name":"Latin American Business Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"59670444","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-20DOI: 10.1080/10978526.2021.1991805
Anne B. Zehoul
Abstract Recent scandals in human rights, environmental and social issues involving powerful companies have amplified the debate about the appropriate role of business corporations in today’s society. Among a myriad of NGOs that focus their attention on corporate behavior, there are the consumer protection organizations. This study aims to analyze the relationships among one multinational company and two consumerist organizations in Brazil, through the perspective of neo-institutional theory. Our key theoretical contribution was the identification of two corporate attributes—identity and intra-organization communities—that influence the company to react in distinct ways to the approaches of the organizations.
{"title":"Under Pressure: Understanding How and Why a Multinational Firm Reacts to Consumerist Organizations in Brazil’s Business Context","authors":"Anne B. Zehoul","doi":"10.1080/10978526.2021.1991805","DOIUrl":"https://doi.org/10.1080/10978526.2021.1991805","url":null,"abstract":"Abstract Recent scandals in human rights, environmental and social issues involving powerful companies have amplified the debate about the appropriate role of business corporations in today’s society. Among a myriad of NGOs that focus their attention on corporate behavior, there are the consumer protection organizations. This study aims to analyze the relationships among one multinational company and two consumerist organizations in Brazil, through the perspective of neo-institutional theory. Our key theoretical contribution was the identification of two corporate attributes—identity and intra-organization communities—that influence the company to react in distinct ways to the approaches of the organizations.","PeriodicalId":35384,"journal":{"name":"Latin American Business Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49285289","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-13DOI: 10.1080/10978526.2021.1987260
R. Ferraz, J. Monticelli, L. Vieira
Abstract This study analyzes how formal institutions shape the firm’s decisions while exploring two polar cases of Brazilian textile-apparel firms that expanded their operations to Paraguay under the “Maquila regime.” It is guided by the institution-based view of international business. Different aspects of the institutional environment were analyzed to explain how the uncertainty can hamper firms from making quick operations decisions. Mechanisms of control and compliance imposed by institutions can negatively impact product-related decisions and innovation. Our research unveils the role of formal institutions in shaping operations decisions, helping to bridge the research gap about interactions between institutions and firm-level strategies.
{"title":"Operations Decisions and the Influence of Host-Country Institutions: A Study under the Paraguayan “Maquila Regime”","authors":"R. Ferraz, J. Monticelli, L. Vieira","doi":"10.1080/10978526.2021.1987260","DOIUrl":"https://doi.org/10.1080/10978526.2021.1987260","url":null,"abstract":"Abstract This study analyzes how formal institutions shape the firm’s decisions while exploring two polar cases of Brazilian textile-apparel firms that expanded their operations to Paraguay under the “Maquila regime.” It is guided by the institution-based view of international business. Different aspects of the institutional environment were analyzed to explain how the uncertainty can hamper firms from making quick operations decisions. Mechanisms of control and compliance imposed by institutions can negatively impact product-related decisions and innovation. Our research unveils the role of formal institutions in shaping operations decisions, helping to bridge the research gap about interactions between institutions and firm-level strategies.","PeriodicalId":35384,"journal":{"name":"Latin American Business Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44583749","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-02DOI: 10.1080/10978526.2021.1987690
Leonardo Marques, Minelle E. Silva, L. Matthews
Abstract Despite the abundance and steady growth of Latin American research on supply chain sustainability, studies are often limited to mimicking the Global North discourse without addressing the special needs of the region. In this Editorial, we evaluate the current Latin American landscape on the topic by introducing four papers selected for this Special Issue, while reflecting on the need to decolonize scholarship on supply chain sustainability by re-bounding its notions of time and space within the codes of Latin American epistemologies. We contend that the region has the potential to develop its own research framework and still contribute to the global debate.
{"title":"Building the Latin American Landscape in Supply Chain Sustainability Research: How to Break Free from the Hamster Wheel?","authors":"Leonardo Marques, Minelle E. Silva, L. Matthews","doi":"10.1080/10978526.2021.1987690","DOIUrl":"https://doi.org/10.1080/10978526.2021.1987690","url":null,"abstract":"Abstract Despite the abundance and steady growth of Latin American research on supply chain sustainability, studies are often limited to mimicking the Global North discourse without addressing the special needs of the region. In this Editorial, we evaluate the current Latin American landscape on the topic by introducing four papers selected for this Special Issue, while reflecting on the need to decolonize scholarship on supply chain sustainability by re-bounding its notions of time and space within the codes of Latin American epistemologies. We contend that the region has the potential to develop its own research framework and still contribute to the global debate.","PeriodicalId":35384,"journal":{"name":"Latin American Business Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42868350","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-09-25DOI: 10.1080/10978526.2021.1976652
Ana Ferreira Alves, M. D. de Barcellos
Abstract This study aims to map the key stakeholders towards Brazilian beef supply chain sustainability based on stakeholder theory. Using the typology proposed by Mitchell and colleagues in 1997, we identified definitive stakeholders (e.g., slaughterhouses), dependent stakeholders (e.g., government agencies), dominant stakeholder (e.g., Greenpeace), discretionary stakeholder (e.g., beef consumer), and nonstakeholder (e.g., media). Beyond providing a mapping of stakeholders and their roles, this study contributes by emphasizing the need to balance firm attention to its stakeholders, who wield varying levels of legitimacy, power, and urgency. We demonstrate the importance of mapping stakeholders as the first step in analyzing supply chain sustainability.
{"title":"Mapping the Key Stakeholders toward Supply Chain Sustainability: Evidence from the Brazilian Beef Supply Chains","authors":"Ana Ferreira Alves, M. D. de Barcellos","doi":"10.1080/10978526.2021.1976652","DOIUrl":"https://doi.org/10.1080/10978526.2021.1976652","url":null,"abstract":"Abstract This study aims to map the key stakeholders towards Brazilian beef supply chain sustainability based on stakeholder theory. Using the typology proposed by Mitchell and colleagues in 1997, we identified definitive stakeholders (e.g., slaughterhouses), dependent stakeholders (e.g., government agencies), dominant stakeholder (e.g., Greenpeace), discretionary stakeholder (e.g., beef consumer), and nonstakeholder (e.g., media). Beyond providing a mapping of stakeholders and their roles, this study contributes by emphasizing the need to balance firm attention to its stakeholders, who wield varying levels of legitimacy, power, and urgency. We demonstrate the importance of mapping stakeholders as the first step in analyzing supply chain sustainability.","PeriodicalId":35384,"journal":{"name":"Latin American Business Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-09-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46869047","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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