Pub Date : 2017-07-31DOI: 10.3232/UBR.2017.V14.N3.02
P. G. Santos, J. L. Fernández
The objective of this research is to study the strategies to implement Corporate Volunteer programs effectively based on the motivations that guide employees to participate in this type of programs. The lack of knowledge about the most effective policies and strategies may be behind the low participation quotas that companies have in their Corporate Volunteering Programs. We carried out a qualitative empirical study in Spain to define a model that incorporates these policies and strategic axes, starting from the motivations and determinants of employee participation in Corporate Volunteer programs.
{"title":"STRATEGIES FOR CORPORATE VOLUNTEER PROGRAMS","authors":"P. G. Santos, J. L. Fernández","doi":"10.3232/UBR.2017.V14.N3.02","DOIUrl":"https://doi.org/10.3232/UBR.2017.V14.N3.02","url":null,"abstract":"The objective of this research is to study the strategies to implement Corporate Volunteer programs effectively based on the motivations that guide employees to participate in this type of programs. The lack of knowledge about the most effective policies and strategies may be behind the low participation quotas that companies have in their Corporate Volunteering Programs. We carried out a qualitative empirical study in Spain to define a model that incorporates these policies and strategic axes, starting from the motivations and determinants of employee participation in Corporate Volunteer programs.","PeriodicalId":40416,"journal":{"name":"UCJC Business and Society Review","volume":"1 1","pages":"34-63"},"PeriodicalIF":0.3,"publicationDate":"2017-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48080564","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 : 2017-07-31DOI: 10.3232/UBR.2017.V14.N3.04
Anabel Fernández-Mesa, Óscar Llopis-Córcoles, Ana García-Granero, J. Olmos-Peñuela, Paula Martínez-Sanchis
The increase of the organizational commitment of employees as a way to increase their performance and reduce their absentisim and the rotation index has become a key aspect for companies. In this article we propose a novel perspective, consisting of the consideration of aspects associated with the personality of employees. We depart from the five-factor model of personality (FFM) and identify the influence on employees’ continuance commitment. We follow a quantitative methodology, by considering a sample of 144 employees from three companies, and we explore how personality traits influence the intention of the employees to continue in the company. Among the main practical implications of this investigation, we highlight the empirical verification of the importance attached to employee’s personality in order to understand its degree of organizational commitment with the organization.
{"title":"DIME CÓMO ERES Y ENTENDERÉ POR QUÉ TE VAS","authors":"Anabel Fernández-Mesa, Óscar Llopis-Córcoles, Ana García-Granero, J. Olmos-Peñuela, Paula Martínez-Sanchis","doi":"10.3232/UBR.2017.V14.N3.04","DOIUrl":"https://doi.org/10.3232/UBR.2017.V14.N3.04","url":null,"abstract":"The increase of the organizational commitment of employees as a way to increase their performance and reduce their absentisim and the rotation index has become a key aspect for companies. In this article we propose a novel perspective, consisting of the consideration of aspects associated with the personality of employees. We depart from the five-factor model of personality (FFM) and identify the influence on employees’ continuance commitment. We follow a quantitative methodology, by considering a sample of 144 employees from three companies, and we explore how personality traits influence the intention of the employees to continue in the company. Among the main practical implications of this investigation, we highlight the empirical verification of the importance attached to employee’s personality in order to understand its degree of organizational commitment with the organization.","PeriodicalId":40416,"journal":{"name":"UCJC Business and Society Review","volume":"1 1","pages":"80-117"},"PeriodicalIF":0.3,"publicationDate":"2017-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41990625","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 : 2017-05-09DOI: 10.3232/UBR.2017.V14.N2.04
Jean David Polo-Vargas, Manuel Fernández-Ríos, Mariana Bargsted, Lorena Ferguson Fama, Miguel Rojas-Santiago
The aim of this study was to explore the relationship between Organizational Commitment and Life Satisfaction, as well as to determine if employee engagement act as a facilitator. It was proposed that affective and normative dimensions of commitment would be significantly related to life satisfaction through the mediation of engagement. To test this preposition data were collected from a sample of 305 Spanish employees; data were analyzed with structural equation modeling (SEM) techniques, finding that the affective dimension of commitment is the most associated with life satisfaction. This relationship is mediated by employee engagement, specifically by the vigor or energy experienced at work.
{"title":"RELACIÓN ENTRE EL COMPROMISO ORGANIZACIONAL Y LA SATISFACCIÓN CON LA VIDA: LA MEDIACIÓN DEL ENGAGEMENT","authors":"Jean David Polo-Vargas, Manuel Fernández-Ríos, Mariana Bargsted, Lorena Ferguson Fama, Miguel Rojas-Santiago","doi":"10.3232/UBR.2017.V14.N2.04","DOIUrl":"https://doi.org/10.3232/UBR.2017.V14.N2.04","url":null,"abstract":"The aim of this study was to explore the relationship between Organizational Commitment and Life Satisfaction, as well as to determine if employee engagement act as a facilitator. It was proposed that affective and normative dimensions of commitment would be significantly related to life satisfaction through the mediation of engagement. To test this preposition data were collected from a sample of 305 Spanish employees; data were analyzed with structural equation modeling (SEM) techniques, finding that the affective dimension of commitment is the most associated with life satisfaction. This relationship is mediated by employee engagement, specifically by the vigor or energy experienced at work.","PeriodicalId":40416,"journal":{"name":"UCJC Business and Society Review","volume":"1 1","pages":"110-145"},"PeriodicalIF":0.3,"publicationDate":"2017-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44212330","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}
Recent decades have witnessed an increase in the number of eco-innovative solutions which improve the environmental performance of firms whilst also helping them remain competitive. However, the implementation of eco-innovation in Spain has faced certain difficulties, and the number of eco-innovations being put into practice is limited. This paper conceptualises eco-innovation processes, in order to assist their adoption by firms. Also, the most relevant obstacles and incentives to eco-innovation are analysed, as well as the specific capacities and changes that eco-innovation involves for the firm.
{"title":"Medioambiente e innovación en la empresa española: Reduciendo distancias entre los academicos y la empresa","authors":"Jesús Valero-Gil, Sabina Scarpellini, Concepción Garcés-Ayerbe, Pilar Rivera-Torres","doi":"10.3232/UBR.2017.V14.N2.03","DOIUrl":"https://doi.org/10.3232/UBR.2017.V14.N2.03","url":null,"abstract":"Recent decades have witnessed an increase in the number of eco-innovative solutions which improve the environmental performance of firms whilst also helping them remain competitive. However, the implementation of eco-innovation in Spain has faced certain difficulties, and the number of eco-innovations being put into practice is limited. This paper conceptualises eco-innovation processes, in order to assist their adoption by firms. Also, the most relevant obstacles and incentives to eco-innovation are analysed, as well as the specific capacities and changes that eco-innovation involves for the firm.","PeriodicalId":40416,"journal":{"name":"UCJC Business and Society Review","volume":"1 1","pages":"90-109"},"PeriodicalIF":0.3,"publicationDate":"2017-05-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41875622","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 : 2017-03-07DOI: 10.3232/UBR.2017.V14.N1.01
L. C. Sánchez, Ángel Barajas, Patricio Sanchez-Fernandez
This paper aims to analyze how ownership influences the performance of European football teams. The study of efficiency allows us to identify relative performance in the achievement of several objectives, as is the case of football teams pursuing both financial performance and sports success. The analysis shows that football teams organized as members clubs, with dispersed ownership and uncontrolled by foreign investors perform better. Thus, property structures facilitating less control over managers relate positively to performance.
{"title":"Juega al fútbol la Teoría de la Agencia","authors":"L. C. Sánchez, Ángel Barajas, Patricio Sanchez-Fernandez","doi":"10.3232/UBR.2017.V14.N1.01","DOIUrl":"https://doi.org/10.3232/UBR.2017.V14.N1.01","url":null,"abstract":"This paper aims to analyze how ownership influences the performance of European football teams. The study of efficiency allows us to identify relative performance in the achievement of several objectives, as is the case of football teams pursuing both financial performance and sports success. The analysis shows that football teams organized as members clubs, with dispersed ownership and uncontrolled by foreign investors perform better. Thus, property structures facilitating less control over managers relate positively to performance.","PeriodicalId":40416,"journal":{"name":"UCJC Business and Society Review","volume":"1 1","pages":"18-59"},"PeriodicalIF":0.3,"publicationDate":"2017-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48818637","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 : 2017-02-13DOI: 10.3232/UBR.2017.V14.N1.05
Cristina Villar, José Pla-Barber, Luis Silva Domingo, Anoop Madhok
This article analyses a model of interregional expansion by using springboard subsidiaries. Being located in Spain, these units can facilitate the expansion of multinational companies in Latin America by providing part of the experiential knowledge required to succeed in the region, yet avoiding the initial requirement for investment. Based upon the expansion strategy of five European multinational firms, we develop an inductive model in which headquarters functions –coordination and knowledge creation processes - are distributed between the parent company and the springboard subsidiary along an accumulative process of capabilities. This model reflects the type and degree of commitment of both actors in each stage: whereas in the initial phase the springboard subsidiary and the headquarters act as substitutes, they execute complementary functions with the development of the local network in the target region. By demonstrating how a springboard subsidiary can help to align control to context, the model offers a tool for strategic analysis that helps avoid potential value destruction by parent companies.
{"title":"¿Cómo mejorar la expansión interregional de las multinacionales? El caso de las filiales trampolín para Latinoamérica","authors":"Cristina Villar, José Pla-Barber, Luis Silva Domingo, Anoop Madhok","doi":"10.3232/UBR.2017.V14.N1.05","DOIUrl":"https://doi.org/10.3232/UBR.2017.V14.N1.05","url":null,"abstract":"This article analyses a model of interregional expansion by using springboard subsidiaries. Being located in Spain, these units can facilitate the expansion of multinational companies in Latin America by providing part of the experiential knowledge required to succeed in the region, yet avoiding the initial requirement for investment. Based upon the expansion strategy of five European multinational firms, we develop an inductive model in which headquarters functions –coordination and knowledge creation processes - are distributed between the parent company and the springboard subsidiary along an accumulative process of capabilities. This model reflects the type and degree of commitment of both actors in each stage: whereas in the initial phase the springboard subsidiary and the headquarters act as substitutes, they execute complementary functions with the development of the local network in the target region. By demonstrating how a springboard subsidiary can help to align control to context, the model offers a tool for strategic analysis that helps avoid potential value destruction by parent companies.","PeriodicalId":40416,"journal":{"name":"UCJC Business and Society Review","volume":"1 1","pages":"206-225"},"PeriodicalIF":0.3,"publicationDate":"2017-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46774100","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 : 2017-02-13DOI: 10.3232/UBR.2017.V14.N1.03
María Luisa García-Hernández, Estrella Martínez-Rodrigo, J. Mas
The reason most frequently adduced by SMEs to avoid the implementation of CSR programs is their shortage of material resources. In this paper we propose the possibility that biotech SMEs supply the RSC with something they've got in abundance, that is, knowledge. Popular science thus becomes the focus of these programs, an affordable resource that can benefit them, and not only in reputation. Our study focuses on 32 SMEs settled in four Technology Parks in Andalusia.
{"title":"RESPONSABILIDAD SOCIAL CORPORATIVA, DIVULGACIÓN CIENTÍFICA Y PYMES BIOTECNOLÓGICAS. UNA PROPUESTA DE PUNTO DE PARTIDA","authors":"María Luisa García-Hernández, Estrella Martínez-Rodrigo, J. Mas","doi":"10.3232/UBR.2017.V14.N1.03","DOIUrl":"https://doi.org/10.3232/UBR.2017.V14.N1.03","url":null,"abstract":"The reason most frequently adduced by SMEs to avoid the implementation of CSR programs is their shortage of material resources. In this paper we propose the possibility that biotech SMEs supply the RSC with something they've got in abundance, that is, knowledge. Popular science thus becomes the focus of these programs, an affordable resource that can benefit them, and not only in reputation. Our study focuses on 32 SMEs settled in four Technology Parks in Andalusia.","PeriodicalId":40416,"journal":{"name":"UCJC Business and Society Review","volume":"1 1","pages":"108-149"},"PeriodicalIF":0.3,"publicationDate":"2017-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41465905","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 : 2017-02-13DOI: 10.3232/UBR.2017.V14.N1.04
Estefanía Palazuelos Cobo, Á. Crespo, Javier Montoya del Corte
This paper analyzes the usefulness of auditing in processes of credit granting to SMEs. A survey of 471 risk analysts in Spain shows that the fact that financial statements are audited increases perceived quality of accounting information, reduces perceived risk in operations, increases trust in companies and has a positive impact both on the probability that SMEs will have better access to credit and on obtaining better financing conditions.
{"title":"IMPORTA LA AUDITORÍA DE LOS ESTADOS FINANCIEROS DE LAS PYMES A LOS ANALISTAS DE RIESGO DE CRÉDITO","authors":"Estefanía Palazuelos Cobo, Á. Crespo, Javier Montoya del Corte","doi":"10.3232/UBR.2017.V14.N1.04","DOIUrl":"https://doi.org/10.3232/UBR.2017.V14.N1.04","url":null,"abstract":"This paper analyzes the usefulness of auditing in processes of credit granting to SMEs. A survey of 471 risk analysts in Spain shows that the fact that financial statements are audited increases perceived quality of accounting information, reduces perceived risk in operations, increases trust in companies and has a positive impact both on the probability that SMEs will have better access to credit and on obtaining better financing conditions.","PeriodicalId":40416,"journal":{"name":"UCJC Business and Society Review","volume":"1 1","pages":"168-187"},"PeriodicalIF":0.3,"publicationDate":"2017-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41386461","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 : 2016-11-17DOI: 10.3232/UBR.2016.V13.N4.02
M. Elistratova, Carolina Bona Sánchez, Jerónimo Pérez Alemán
espanolA pesar de la relevancia que con el paso de los anos han ido adquiriendo las operaciones entre partes vinculadas (OVs) en los mercados de capitales, no existe ningun estudio previo que analice la presencia de este tipo de transacciones en la bolsa espanola. De esta manera, en el presente trabajo estudiamos las OVs en mercado continuo espanol a lo largo del periodo 2004-2014. Los resultados ponen de manifiesto una presencia importante de OVs, estando presentes este tipo de operaciones, algunos anos, en mas la mitad de las empresas cotizadas. Asimismo, tambien se aprecia que en las empresas de mayor dimension, las mas concentradas, las controladas por familias y aquellas que forman parte de un grupo piramidal, existe una mayor implicacion en la realizacion de OVs. EnglishDespite the relevance of related-party transactions (RPTs) in the Spanish capital market, empirical evidence on RPTs is anecdotal. Thus, in the current work we provide evidence on the configuration of RPTs for Spanish listed firms along the period 2004-2014. Our results show a significant presence of RPTs, with more than half of listed Spanish firms committing to RPTs. Moreover, our results show that RPTs are greater in large-cap companies, in companies with higher ownership concentration, in family firms and in those companies where controlling owners’ voting-cash flow wedge is higher
{"title":"Related-Party-Transactions in the spanish stock market","authors":"M. Elistratova, Carolina Bona Sánchez, Jerónimo Pérez Alemán","doi":"10.3232/UBR.2016.V13.N4.02","DOIUrl":"https://doi.org/10.3232/UBR.2016.V13.N4.02","url":null,"abstract":"espanolA pesar de la relevancia que con el paso de los anos han ido adquiriendo las operaciones entre partes vinculadas (OVs) en los mercados de capitales, no existe ningun estudio previo que analice la presencia de este tipo de transacciones en la bolsa espanola. De esta manera, en el presente trabajo estudiamos las OVs en mercado continuo espanol a lo largo del periodo 2004-2014. Los resultados ponen de manifiesto una presencia importante de OVs, estando presentes este tipo de operaciones, algunos anos, en mas la mitad de las empresas cotizadas. Asimismo, tambien se aprecia que en las empresas de mayor dimension, las mas concentradas, las controladas por familias y aquellas que forman parte de un grupo piramidal, existe una mayor implicacion en la realizacion de OVs. EnglishDespite the relevance of related-party transactions (RPTs) in the Spanish capital market, empirical evidence on RPTs is anecdotal. Thus, in the current work we provide evidence on the configuration of RPTs for Spanish listed firms along the period 2004-2014. Our results show a significant presence of RPTs, with more than half of listed Spanish firms committing to RPTs. Moreover, our results show that RPTs are greater in large-cap companies, in companies with higher ownership concentration, in family firms and in those companies where controlling owners’ voting-cash flow wedge is higher","PeriodicalId":40416,"journal":{"name":"UCJC Business and Society Review","volume":"1 1","pages":"76-113"},"PeriodicalIF":0.3,"publicationDate":"2016-11-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69584749","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 : 2016-11-17DOI: 10.3232/UBR.2016.V13.N4.03
E. Diego, Lourdes Susaeta, José Ramón Pin Arboledas, Esperanza Suárez Ruz
This article seeks to analyze the change in direction of NH Hotel Group, which, as a consequence of the transformations in its strategic environment and the economic crisis, found it needed to face the future by implementing a strategic plan and restructuring its business portfolio. The document sets out the phases it followed in the implementation of the plan and shows the positive evolution it has experienced, analyzing the company’s historical evolution through a study of secondary sources. We conclude that the NH Hotel Group case supports the affirmation that the definition and execution of an appropriate strategic plan helps improve company results, with flexibility being equally important in the implementation in order to adapt to possible changes in the environment.
{"title":"NUEVO RUMBO ESTRATÉGICO Y REESTRUCTURACIÓN: EL CASO NH HOTEL GROUP","authors":"E. Diego, Lourdes Susaeta, José Ramón Pin Arboledas, Esperanza Suárez Ruz","doi":"10.3232/UBR.2016.V13.N4.03","DOIUrl":"https://doi.org/10.3232/UBR.2016.V13.N4.03","url":null,"abstract":"This article seeks to analyze the change in direction of NH Hotel Group, which, as a consequence of the transformations in its strategic environment and the economic crisis, found it needed to face the future by implementing a strategic plan and restructuring its business portfolio. The document sets out the phases it followed in the implementation of the plan and shows the positive evolution it has experienced, analyzing the company’s historical evolution through a study of secondary sources. We conclude that the NH Hotel Group case supports the affirmation that the definition and execution of an appropriate strategic plan helps improve company results, with flexibility being equally important in the implementation in order to adapt to possible changes in the environment.","PeriodicalId":40416,"journal":{"name":"UCJC Business and Society Review","volume":"52 1","pages":"114-167"},"PeriodicalIF":0.3,"publicationDate":"2016-11-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"69584882","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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