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Board Capital Diversity as a Governance Mechanism: Evidence From Latin America 董事会资本多元化作为治理机制——来自拉丁美洲的证据
Q3 Business, Management and Accounting Pub Date : 2021-04-28 DOI: 10.1080/10978526.2021.1911662
C. Pombo, Cristian A. Pinto-Gutiérrez, Jairo Villamil-Díaz
Abstract This paper analyzes the effects of board capital as a corporate governance mechanism on firm performance in the context of a weak legal regime for investor protection. The study focuses on Latin America as a representative emerging market that includes a dataset of 442 firms in six countries (Argentina, Brazil, Chile, Colombia, Mexico, and Peru) from 2001 to 2012. We measure board capital as a composite index of directors’ educational attainment and professional experience. We find a positive relationship with differential effects between board capital and firm performance within weak firm internal governance schemes such as firms with low board independence, dual roles as firm CEOs and COBs, and low blockholder contestability. With respect to country-level governance standards, we find that improvements in the country’s regulatory quality, the rule of law, and corruption control reduce the need for firm board capital as an internal governance mechanism.
摘要本文分析了在投资者保护法律制度薄弱的背景下,董事会资本作为一种公司治理机制对公司绩效的影响。该研究重点关注拉丁美洲作为一个具有代表性的新兴市场,包括2001年至2012年六个国家(阿根廷、巴西、智利、哥伦比亚、墨西哥和秘鲁)的442家公司的数据集。我们将董事会资本作为董事教育程度和专业经验的综合指数来衡量。我们发现,在较弱的公司内部治理方案中,董事会资本和公司绩效之间的差异效应存在正相关关系,例如董事会独立性较低的公司,担任公司首席执行官和首席执行官的双重角色,以及区块持有人的竞争性较低。关于国家一级的治理标准,我们发现,国家监管质量、法治和腐败控制的改善减少了对公司董事会资本作为内部治理机制的需求。
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引用次数: 0
Research on Innovation in China and Latin America: Bibliometric Insights in the Field of Business, Management, and Decision Sciences 中国和拉丁美洲的创新研究:商业、管理和决策科学领域的文献计量学见解
Q3 Business, Management and Accounting Pub Date : 2021-04-13 DOI: 10.1080/10978526.2021.1930551
Julián D. Cortés
Abstract China and Latin America and the Caribbean (LAC) are now key players in global research production. This study presents a comparative study on research on innovation in management and decision sciences based on data from Scopus and Web of Science (WoS) between China and LAC. Findings showed significant differences between regions regarding journals’ citation-dependent measures, and between the number of authors and journal reputation. Public universities have been leading producers. China showed a particular interest in research topics such as commerce and industry, while LAC was strongly interested in sustainable development and biotechnology.
摘要中国和拉丁美洲及加勒比地区现在是全球研究生产的关键参与者。本研究基于Scopus和Web of Science(WoS)的数据,对中国和拉丁美洲和加勒比地区的管理和决策科学创新研究进行了比较研究。研究结果显示,各地区在期刊引用依赖性指标方面,以及在作者数量和期刊声誉方面存在显著差异。公立大学一直是领先的生产商。中国对商业和工业等研究主题表现出特别的兴趣,而拉丁美洲和加勒比对可持续发展和生物技术非常感兴趣。
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引用次数: 8
List of Reviewers 审稿人名单
Q3 Business, Management and Accounting Pub Date : 2021-04-03 DOI: 10.1080/10978526.2021.1920743
A. Moriano, Juan, Althoff Philippi, Daniela, Amin, lio, Ashby, Alison, Azevedo, A. Cláudia, Barcellos, Barreto de Oliveira, Abdinardo, Barros, Denise Franca, Batista, Rogiene, Beiruth, Aziz, Botinha
A Neves, L ıvia A. Moriano, Juan Althoff Philippi, Daniela Amin, Muslim Amorim, Daniel Andrade, Josmar Arruda, Em ılio Ashby, Alison Azevedo, Ana Claudia Barcellos, M arcia Barreto de Oliveira, Abdinardo Barros, Denise Franca Batista, Rogiene Beiruth, Aziz Botinha, Reiner Brooke, Mark Brugni, Talles Caixeta, Leonardo Carrazedo, Murilo Carvalho Pinto Vieira, Adriana casotti, leticia Catussi Paschoalotto, Marco Antonio Ceretta, Paulo S ergio Clemente, Ademir Contani, Eduardo Correa da Cunha, Henrique Coskun, Esra Alp Costa Wiedenh€ oft, Guilherme Costa, Danilo de Melo Cunha Moura, Luiz Rodrigo Cunha, Robson da Costa, Renato da Vinha, Valeria Dal Magro, Cristian Davila, Anabella
A·内维斯,LıA . Moriano Juan制度Philippi,达尼埃拉·丹尼尔·阿明·阿莫林,穆斯林Andrade, Josmar Arruda, Emı英Ashby,艾莉森·阿泽维多,Ana克劳迪娅Barcellos, M arcia·巴雷托de Oliveira,巴罗斯,Denise巴蒂斯塔通用语Rogiene Abdinardo Beiruth, Aziz Botinha赖纳·布鲁克、马克Brugni, Talles Caixeta,列奥纳多·达·芬奇Carrazedo卡瓦略Murilo平托Adriana casotti若昂·贝尔纳多·维埃拉,leticia Catussi Paschoalotto,马可·安东尼奥·Ceretta、保罗·S ergio宽大、亚与爱德华多·科雷亚da Cunha,Henrique Coskun, Esra Alp Costa Wiedenh - oft, Guilherme Costa, Danilo de Melo Cunha Moura, Luiz Rodrigo Cunha, Robson da Costa, Renato da Vinha, Valeria da马格罗,christian Davila, Anabella
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引用次数: 0
The Contribution of Knowledge Management Practices for Developing Dynamic Capabilities: Exploring Routines in the Services Sector 知识管理实践对发展动态能力的贡献:探索服务业的惯例
Q3 Business, Management and Accounting Pub Date : 2021-04-01 DOI: 10.1080/10978526.2021.1903912
Jessica Ramirez Hattore, Eloi Junior Damke, Marcos Ferasso, E. C. Dechechi
Abstract The purpose of this manuscript is to identify the contribution of knowledge management practices for developing dynamic capabilities in a service sector company. For this case study, the dataset comprised ten interviews with company employees and managers and was analyzed using a pattern-matching technique based on the literature. The main findings were that the company mapped its organizational actions in each process of knowledge management, which was the basis for the development of its dynamic capabilities. The development of such capabilities enabled the company to analyze possible applications and improve the existing routines.
摘要本文的目的是确定知识管理实践对服务业公司发展动态能力的贡献。在本案例研究中,数据集包括对公司员工和经理的十次采访,并使用基于文献的模式匹配技术进行分析。主要发现是,公司在知识管理的每个过程中都映射了其组织行为,这是其动态能力发展的基础。这些功能的开发使该公司能够分析可能的应用程序并改进现有的例程。
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引用次数: 3
Leadership, Communication, and Resistance Influence Organizational Performance 领导、沟通和阻力影响组织绩效
Q3 Business, Management and Accounting Pub Date : 2021-03-23 DOI: 10.1080/10978526.2021.1897469
Leandro Ricardo Sabino, M. T. Reis Neto, Greiciele Macedo Morais, Valdeci Ferreira dos Santos
Abstract This study presents a model to measure the relationships between leadership, communication, and resistance to change, and company performance. The model was applied to five service companies (352 employees) located in the metropolitan region of Belo Horizonte in the state of Minas Gerais, Brazil. The data were treated by structural equation modeling using the Partial Least Square (PLS) approach. The results show that communication positively influences organizational performance. Resistance to organizational and individual changes, however, negatively influences organizational performance. Leadership does not directly influence performance, but acts as a mediator of resistance levels in change processes, affecting organizational performance.
摘要本研究提出了一个模型来衡量领导、沟通、抵制变革与公司绩效之间的关系。该模型应用于巴西米纳斯吉拉斯州贝洛奥里藏特大都市地区的五家服务公司(352名员工)。采用偏最小二乘法对数据进行结构方程建模处理。结果表明,沟通对组织绩效有正向影响。然而,对组织和个人变革的抵制会对组织绩效产生负面影响。领导力并不直接影响绩效,而是作为变革过程中阻力水平的中介,影响组织绩效。
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引用次数: 3
Seller Reputation Within the B2C e-Marketplace and Impacts on Purchase Intention B2C电子市场中的卖家声誉及其对购买意愿的影响
Q3 Business, Management and Accounting Pub Date : 2021-03-01 DOI: 10.1080/10978526.2021.1893182
Felipe Malak, J. B. Ferreira, Roberto Pessoa de Queiroz Falcão, C. Giovannini
Abstract Online electronic marketplace platforms, a business model that connects buyers with sellers through an intermediary, are steadily growing in Brazil. This research seeks to investigate the importance of the reputation of third-party sellers and its effects on consumers' perceptions of risk and trust; we also assess the consequent impacts on purchase intention within the e-marketplace platform. Data was collected via a survey of 309 respondents and tested through structural equation modeling. All proposed hypotheses were confirmed. The results point to the third-party seller's reputation negatively affecting the perception of risk and positively affecting trust in the third-party seller and the intermediary store. Consequently, trust in the intermediary store seems to negatively influence perceived risk, while positively affecting purchase intention. Implications for practice include suggestions for firms that operate in the e-commerce sector. In order to optimize their efforts in e-marketplaces, online retailers should (a) focus on improving the management of third-party sellers and their reputation systems to promote transparency and interactivity and (b) constantly invest in branding, customer service, training, and communicating with third-party sellers. Also, firms must understand that the transfer of trust to third-party sellers raises consumer repurchase intentions and makes e-businesses sustainable.
摘要在线电子市场平台是一种通过中介将买家和卖家联系起来的商业模式,在巴西稳步发展。本研究旨在调查第三方卖家声誉的重要性及其对消费者风险和信任感知的影响;我们还评估了在电子市场平台内对购买意愿的影响。数据是通过对309名受访者的调查收集的,并通过结构方程建模进行测试。所有提出的假设都得到了证实。研究结果表明,第三方卖家的声誉对风险感知产生负面影响,对第三方买家和中介商店的信任产生正面影响。因此,对中介商店的信任似乎对感知风险产生了负面影响,而对购买意愿产生了积极影响。对实践的影响包括对在电子商务部门运营的公司的建议。为了优化其在电子市场的努力,在线零售商应(a)专注于改善第三方卖家的管理及其声誉系统,以提高透明度和互动性;(b)不断投资于品牌、客户服务、培训以及与第三方买家的沟通。此外,企业必须明白,将信任转移给第三方卖家会提高消费者的回购意愿,并使电子商务具有可持续性。
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引用次数: 9
Sustainability Initiatives and Collaborative Practices: A Study of Emerging Economy Suppliers 可持续发展倡议与合作实践:新兴经济体供应商研究
Q3 Business, Management and Accounting Pub Date : 2021-02-19 DOI: 10.1080/10978526.2021.1930550
Michele M. O. Pereira, R. C. Arantes, L. G. Antunes, L. Hendry, L. P. Deboçã, M. Bossle, L. M. Antonialli
Abstract This paper analyses how collaborative practices influence sustainability initiatives and the relational rents of Brazilian coffee companies supplying global supply chains (GSC)s. Multi-case study data was collected via interviews and documentary analysis and examined using the relational view theoretical lens. The results indicate that collaborative practices lead to significant improvements within the supplier’s sustainability initiatives and consequently within their processes related to the exportation of goods. Thus this study suggests that collaborative practices generate important relational rents in GSCs (for example through relationship-specific assets) and are important facilitators of sustainability for emerging economy suppliers.
摘要本文分析了合作实践如何影响可持续发展倡议和巴西咖啡公司提供全球供应链(GSC)的关系租金。通过访谈和文献分析收集多案例研究数据,并使用关系观理论视角进行检验。结果表明,合作实践导致供应商的可持续性倡议显著改善,因此在他们的过程中与出口的货物。因此,本研究表明,协作实践在gsc中产生了重要的关系租金(例如,通过关系特定资产),并且是新兴经济体供应商可持续性的重要促进因素。
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引用次数: 2
Earnings Management and Cost of Debt of Brazilian Privately Held Companies 巴西私人控股公司的盈余管理与债务成本
Q3 Business, Management and Accounting Pub Date : 2021-02-01 DOI: 10.1080/10978526.2020.1857649
A. Beiruth, Talles Vianna Brugni, Mônica Lourdes Marinho, F. Costa
Abstract We analyzed the relationship between earnings management and the cost of debt using a sample of 3,503 Brazilian privately held companies. In doing so, we discuss the fundamentals of earnings management and the specific economics of privately held companies in Brazil and then hypothesize how these relationships come about. Our proxies for earnings management were modified Jones and modified Jones with ROA (return on assets). We then ran their residuals as explanatory variables for the cost of debt. Our findings point to the importance of earnings quality in privately held companies and the impact of earnings management on the cost of debt, suggesting that the higher the levels of earnings management, the higher the cost of debt, even when controlling by other variables that can influence this relationship. Our findings may also serve to encourage privately held companies to concern themselves with the quality of accounting earnings and inhibit earnings management practices that could increase their cost of debt.
摘要本文以3503家巴西民营企业为样本,分析了盈余管理与债务成本之间的关系。在此过程中,我们讨论盈余管理的基本原理和巴西私营公司的具体经济学,然后假设这些关系是如何产生的。我们的盈余管理代理是修正琼斯和修正琼斯与ROA(资产收益率)。然后,我们将他们的残差作为债务成本的解释变量。我们的研究结果表明,私营公司盈余质量的重要性以及盈余管理对债务成本的影响,表明盈余管理水平越高,债务成本就越高,即使在控制其他影响这种关系的变量的情况下也是如此。我们的研究结果也可能有助于鼓励私营公司关注会计盈余的质量,并抑制可能增加其债务成本的盈余管理实践。
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引用次数: 1
Beyond Financial Resources: Analyzing the Determinants of Export Activities of Emerging Market Social Enterprises 金融资源之外:新兴市场社会企业出口活动的决定因素分析
Q3 Business, Management and Accounting Pub Date : 2021-01-19 DOI: 10.1080/10978526.2021.1873799
J. Godinez, Luis Javier Sanchez-Barrios, S. Lopez-Gomez, Liyis Gomez-Nuñez
Abstract Social enterprises pursue social and economic goals simultaneously, but little is known about how they start an exporting strategy, especially if they are from emerging markets. We examined the determinants of exports of 522 emerging markets social enterprises (EMSEs) from Colombia. Based on a quantitative approach, our results show that EMSEs leverage their resources to start export operations if, in addition to capital, they leverage their structural and experiential resources. Structural resources include externally validated accounting and financial books, process certifications, and exposure in trading shows; experiential resources include the firm’s staff having primary education.
摘要社会企业同时追求社会和经济目标,但人们对它们如何启动出口战略知之甚少,尤其是如果它们来自新兴市场。我们研究了522家来自哥伦比亚的新兴市场社会企业的出口决定因素。基于定量方法,我们的研究结果表明,如果除资本外,新兴市场经济体还利用其结构和经验资源,它们就会利用其资源开始出口业务。结构性资源包括经过外部验证的会计和财务账簿、流程认证以及交易展示中的风险敞口;经验资源包括公司受过小学教育的员工。
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引用次数: 2
Social Networks Uses and Motivations: Proposition and Test of an Integrative Model 社交网络使用与动机:一个综合模型的命题与检验
Q3 Business, Management and Accounting Pub Date : 2021-01-11 DOI: 10.1080/10978526.2020.1866995
Paula Chimenti, Marcelo Guedes Carneiro, Antonio Roberto Ramos Nogueira, M. Rodrigues, Sabrina Trindade Alves
Abstract This study (1) identifies motivations for using social networks (SNs) and (2) tests an integrative model. A systematic literature review was conducted followed by mixed-method research. Technology, social, and individual domains of SNs motivators were identified. The qualitative stage of the research supported the selection of the variables to be tested, and the survey tested these motivations with a sample of 468 respondents. As a result, a new model highlighting the main motivations for using online social networks emerged. Competition and Collective Narrative are new constructs that explain social media use, together with Escapism, Information, Identity, and Socialization.
摘要本研究(1)确定了使用社交网络的动机,(2)测试了一个综合模型。进行了系统的文献综述,然后进行了混合方法研究。确定了社交网络激励因素的技术、社会和个人领域。研究的定性阶段支持了待测变量的选择,调查以468名受访者为样本测试了这些动机。因此,一种新的模型出现了,它突出了使用在线社交网络的主要动机。竞争和集体叙事是解释社交媒体使用的新结构,以及逃避主义、信息、身份和社会化。
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引用次数: 1
期刊
Latin American Business Review
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