Pub Date : 2023-12-14DOI: 10.17230/ad-minister.42.2
T. Esnard, Ayanna Stephens
Increasingly, researchers and policy makers across the globe explore the transformative role of entrepreneurship in the development process. What remains relatively under interrogated in this process is the issue of entrepreneurial intentions within the Caribbean region. Where entrepreneurial intentions play a pivotal role in future entrepreneurial activity, this area of research can provide useful insights for development policy and practice. Considering the above, three main objectives guide this paper. Firstly, we comparatively examine the entrepreneurial intentions drawn from adult populations across Barbados, Jamaica and Trinidad and Tobago. Secondly, we assess the relative importance of entrepreneurial skills, knowledge, and opportunity to entrepreneurial intentions. Thirdly, we also explore for possible socio[1]demographic variations (specifically based on sex, age, level of educational attainment, and type of current profession or career) in the levels of entrepreneurial intentions. To do this, we utilize available raw data from the Global Entrepreneurship Monitor (GEM) survey for the Caribbean countries. We use this data set to test for the relative significance of key antecedent variables for understanding entrepreneurial intentions. Point to variability in the relationship between attitudinal factors, socio-demographic backgrounds, and entrepreneurial intentions between countries in the study. Implications for a more contextualized theorizations of entrepreneurial intentions are discussed.
{"title":"Entrepreneurial Intentions in the Caribbean: Antecedents and Variations","authors":"T. Esnard, Ayanna Stephens","doi":"10.17230/ad-minister.42.2","DOIUrl":"https://doi.org/10.17230/ad-minister.42.2","url":null,"abstract":"Increasingly, researchers and policy makers across the globe explore the transformative role of entrepreneurship in the development process. What remains relatively under interrogated in this process is the issue of entrepreneurial intentions within the Caribbean region. Where entrepreneurial intentions play a pivotal role in future entrepreneurial activity, this area of research can provide useful insights for development policy and practice. Considering the above, three main objectives guide this paper. Firstly, we comparatively examine the entrepreneurial intentions drawn from adult populations across Barbados, Jamaica and Trinidad and Tobago. Secondly, we assess the relative importance of entrepreneurial skills, knowledge, and opportunity to entrepreneurial intentions. Thirdly, we also explore for possible socio[1]demographic variations (specifically based on sex, age, level of educational attainment, and type of current profession or career) in the levels of entrepreneurial intentions. To do this, we utilize available raw data from the Global Entrepreneurship Monitor (GEM) survey for the Caribbean countries. We use this data set to test for the relative significance of key antecedent variables for understanding entrepreneurial intentions. Point to variability in the relationship between attitudinal factors, socio-demographic backgrounds, and entrepreneurial intentions between countries in the study. Implications for a more contextualized theorizations of entrepreneurial intentions are discussed.","PeriodicalId":42371,"journal":{"name":"AD-minister","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2023-12-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138973279","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 : 2023-06-30DOI: 10.17230/ad-minister.42.1
Indianna Minto-Coy
The transformative effect of entrepreneurship has been well-documented. Indeed, entrepreneurship has been linked to the growth and prosperity of nations, contributing to the sustainable development of various sectors. Developments globally have seen growing attention to the transformational effect of entrepreneurship and its potential in developing and emerging contexts. However, while many experiences have been covered, those of some developing and emerging contexts have received far less attention. Among these under-covered contexts is that of Caribbean Small Island Developing states (SIDS). It is important to note that the development of entrepreneurship as a field can benefit from a broader understanding of more contexts. This special issue is an opportunity to advance understanding of and the dimensions of entrepreneurship in a largely grey area in the literature, the Caribbean Region. This maiden paper plays a strategic role in situating the papers which follow in a larger body of research and practice relating to entrepreneurship with a focus on the Commonwealth Caribbean SIDS. Perhaps more importantly, the approach is not simply to introduce the papers but more strategically to provide rich contextual material on the quality of entrepreneurship in the region, which then forms the backdrop for the remaining papers. A comprehensive over-view of entrepreneurship is offered, alongside a discussion of some of the historical and contemporary developments, while highlighting the specific character of entrepreneurship in a region that is largely shaped by forces which have in many ways rendered it peripheral to development. Even so, the approach is not pessimistic. As such the paper ends with a demonstration of how an understanding of entrepreneurship in the Caribbean can contribute to and inform the development of practice and theorising, more generally, including advancing an understanding of developments not just in entrepreneurship but in the broader field of International Business. Indeed, the experiences of under[1]covered regions such as these are useful in that they offer novel testing ground for emerging theories and assumptions and can make relevant contributions to the development of entrepreneurship as a still emerging field of research.
{"title":"Enterprise and entrepreneurship in peripheral contexts: experiences and prospects from the caribbean small island developing states","authors":"Indianna Minto-Coy","doi":"10.17230/ad-minister.42.1","DOIUrl":"https://doi.org/10.17230/ad-minister.42.1","url":null,"abstract":"The transformative effect of entrepreneurship has been well-documented. Indeed, entrepreneurship has been linked to the growth and prosperity of nations, contributing to the sustainable development of various sectors. Developments globally have seen growing attention to the transformational effect of entrepreneurship and its potential in developing and emerging contexts. However, while many experiences have been covered, those of some developing and emerging contexts have received far less attention. Among these under-covered contexts is that of Caribbean Small Island Developing states (SIDS). It is important to note that the development of entrepreneurship as a field can benefit from a broader understanding of more contexts. This special issue is an opportunity to advance understanding of and the dimensions of entrepreneurship in a largely grey area in the literature, the Caribbean Region. This maiden paper plays a strategic role in situating the papers which follow in a larger body of research and practice relating to entrepreneurship with a focus on the Commonwealth Caribbean SIDS. Perhaps more importantly, the approach is not simply to introduce the papers but more strategically to provide rich contextual material on the quality of entrepreneurship in the region, which then forms the backdrop for the remaining papers. A comprehensive over-view of entrepreneurship is offered, alongside a discussion of some of the historical and contemporary developments, while highlighting the specific character of entrepreneurship in a region that is largely shaped by forces which have in many ways rendered it peripheral to development. Even so, the approach is not pessimistic. As such the paper ends with a demonstration of how an understanding of entrepreneurship in the Caribbean can contribute to and inform the development of practice and theorising, more generally, including advancing an understanding of developments not just in entrepreneurship but in the broader field of International Business. Indeed, the experiences of under[1]covered regions such as these are useful in that they offer novel testing ground for emerging theories and assumptions and can make relevant contributions to the development of entrepreneurship as a still emerging field of research.","PeriodicalId":42371,"journal":{"name":"AD-minister","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139366356","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 : 2023-06-30DOI: 10.17230/ad-minister.42.4
Donna E. Danns, George K. Danns
Youth entrepreneurship is being promoted by policymakers in developing countries as a key strategy to combat high youth unemployment, reduce individual poverty, engender social mobility, and facilitate youth inclusion in the formal economy. International, regional, national, and other stakeholders have promulgated policies and programs to lend support for this strategy. This article utilized data derived from a survey of youth entrepreneurs conducted in the town of Linden, Guyana, together with agency interviews from the same community and from national agencies involved in youth entrepreneurship to fulfill its objectives. The survey and agency interviews are part of a broader mixed method study conducted by the authors aimed at understanding the factors impacting youth entrepreneurship in Guyana, a developing country in the Latin American and Caribbean (LAC) region. The importance of the survey to this study is to discern what youth entrepreneurs themselves say about their businesses and about themselves as entrepreneurs. This paper adds to the sparse literature on this phenomenon. The intent of the authors of this study is multi-faceted. This paper seeks to provide an understanding of who these young entrepreneurs are, the factors that motivate them to start their own businesses and their preparedness for such ventures. We explore and explain the support provided to youth entrepreneurs, their access to and perceptions of such support. Thirdly, we provide an understanding of how youth entrepreneurs view the successes and positives of their businesses and their intimate feelings and fears about their ventures. This paper challenges the prevailing “necessity entrepreneurship” framing of youth entrepreneurship.
{"title":"The Pursuit of Entrepreneurship by Youths in the Caribbean","authors":"Donna E. Danns, George K. Danns","doi":"10.17230/ad-minister.42.4","DOIUrl":"https://doi.org/10.17230/ad-minister.42.4","url":null,"abstract":"Youth entrepreneurship is being promoted by policymakers in developing countries as a key strategy to combat high youth unemployment, reduce individual poverty, engender social mobility, and facilitate youth inclusion in the formal economy. International, regional, national, and other stakeholders have promulgated policies and programs to lend support for this strategy. This article utilized data derived from a survey of youth entrepreneurs conducted in the town of Linden, Guyana, together with agency interviews from the same community and from national agencies involved in youth entrepreneurship to fulfill its objectives. The survey and agency interviews are part of a broader mixed method study conducted by the authors aimed at understanding the factors impacting youth entrepreneurship in Guyana, a developing country in the Latin American and Caribbean (LAC) region. The importance of the survey to this study is to discern what youth entrepreneurs themselves say about their businesses and about themselves as entrepreneurs. This paper adds to the sparse literature on this phenomenon. The intent of the authors of this study is multi-faceted. This paper seeks to provide an understanding of who these young entrepreneurs are, the factors that motivate them to start their own businesses and their preparedness for such ventures. We explore and explain the support provided to youth entrepreneurs, their access to and perceptions of such support. Thirdly, we provide an understanding of how youth entrepreneurs view the successes and positives of their businesses and their intimate feelings and fears about their ventures. This paper challenges the prevailing “necessity entrepreneurship” framing of youth entrepreneurship.","PeriodicalId":42371,"journal":{"name":"AD-minister","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139367491","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 : 2023-02-26DOI: 10.17230/ad-minister.40.5
Fabiola Monje-Cueto, Johnny Davy Ruiz Ayala
Este estudio tiene como objetivo contribuir al análisis de acciones multiactorales para impulsar los negocios verdes y regenerativos mientras se contribuye con las metas rezagadas de los Objetivos de Desarrollo Sostenible (ODS).Se utilizó la metodología de escenarios futuros, para desarrollar narrativas y una línea de tiempo en retrospectiva desde el 2030 al presente.Se identifican los riesgos, oportunidades y posibles acciones hacia futuros sostenibles en Bolivia como principales hallazgos, aclarando a cuál de las metas de los ODS se contribuye. Luego, se destacan acciones inmediatas, a mediano y largo plazo y recomendaciones desde la perspectiva multi-actor, lo cual implica trabajar de manera coordinada a lo largo de los siguientes años rumbo a modelos de negocios que contribuyan al desarrollo sostenible y prioricen perspectivas regenerativas, al tiempo que impulsan las metas rezagadas de los ODS como externalidades de estas acciones.
{"title":"Posibles acciones de actores público-privados hacia un desarrollo regenerativo de negocios, en escenarios futuros","authors":"Fabiola Monje-Cueto, Johnny Davy Ruiz Ayala","doi":"10.17230/ad-minister.40.5","DOIUrl":"https://doi.org/10.17230/ad-minister.40.5","url":null,"abstract":"Este estudio tiene como objetivo contribuir al análisis de acciones multiactorales para impulsar los negocios verdes y regenerativos mientras se contribuye con las metas rezagadas de los Objetivos de Desarrollo Sostenible (ODS).Se utilizó la metodología de escenarios futuros, para desarrollar narrativas y una línea de tiempo en retrospectiva desde el 2030 al presente.Se identifican los riesgos, oportunidades y posibles acciones hacia futuros sostenibles en Bolivia como principales hallazgos, aclarando a cuál de las metas de los ODS se contribuye. Luego, se destacan acciones inmediatas, a mediano y largo plazo y recomendaciones desde la perspectiva multi-actor, lo cual implica trabajar de manera coordinada a lo largo de los siguientes años rumbo a modelos de negocios que contribuyan al desarrollo sostenible y prioricen perspectivas regenerativas, al tiempo que impulsan las metas rezagadas de los ODS como externalidades de estas acciones.","PeriodicalId":42371,"journal":{"name":"AD-minister","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2023-02-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42196685","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 : 2022-12-14DOI: 10.17230/ad-minister.41.5
M. Ilieva
This case study examines how a Japanese company uses CSR and ESG activities to incorporate a new global expansion strategy and strengthen its stakeholders’ relations in different locations around the world. The author uses a case study method with a single setting, and multiple units of analysis and pattern matching among 39 regions and countries, divided into home and host countries. The host countries are additionally divided into ‘developed’, ‘emerging’, and ‘least developed’. This study contributes to the extant literature by showing that both developed and emerging markets create strategic assets for the company. It also proved MNE’s stakeholders in emerging and developed markets determined the CSR practices because many developed countries need CSR activities to support vulnerable groups within their societies. This study explores the under-researched area of MNEs’ CSR activities regarding poverty and development in least-developed countries.
{"title":"Strategic Opportunities Aspect of CSR for Improving Location Advantages in Developed and Emerging Markets","authors":"M. Ilieva","doi":"10.17230/ad-minister.41.5","DOIUrl":"https://doi.org/10.17230/ad-minister.41.5","url":null,"abstract":"This case study examines how a Japanese company uses CSR and ESG activities to incorporate a new global expansion strategy and strengthen its stakeholders’ relations in different locations around the world. The author uses a case study method with a single setting, and multiple units of analysis and pattern matching among 39 regions and countries, divided into home and host countries. The host countries are additionally divided into ‘developed’, ‘emerging’, and ‘least developed’. This study contributes to the extant literature by showing that both developed and emerging markets create strategic assets for the company. It also proved MNE’s stakeholders in emerging and developed markets determined the CSR practices because many developed countries need CSR activities to support vulnerable groups within their societies. This study explores the under-researched area of MNEs’ CSR activities regarding poverty and development in least-developed countries.","PeriodicalId":42371,"journal":{"name":"AD-minister","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2022-12-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41598283","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 : 2022-12-12DOI: 10.17230/ad-minister.41.6
Khaled Salmen Aljaaidi
The existence of multiple directorships is the case when a board member is serving on two or more boards or a number of other external appointments. This study aims to examine the impact of multiple directorships on a firm’s economic values among Saudi listed companies using the busyness hypothesis. As for the methodology, this study collected secondary data from the annual reports of the listed companies that include corporate governance and firm-specific characteristics. In addition, this study reviewed the extant research related to the multiple directorships and firms’ economic values. Using a sample of 140 Energy and Petrochemical companies for the period 2012-2019, the Ordinary-Least Square (OLS) results show that busy directors negatively influence the firm’s economic value, measured as ROA and ROE. The findings of this study have theoretical implications in a manner that gives support to the busyness hypothesis in the Saudi context, which is considered a different setting from other studies conducted in other developed and developing countries in terms of politics, economic factors, and culture. This study adds additional empirical evidence in the unique setting of Saudi Arabia. In addition, the findings of this study could have practical implications to policymakers, shareholders, management, auditors, and other stakeholders in gaining a deeper understanding of how multiple directorships negatively influence the firm’s economic value.
{"title":"Economic Value of Energy and Petrochemical Companies and Multiple Directorships: Evidence from Saudi Arabia","authors":"Khaled Salmen Aljaaidi","doi":"10.17230/ad-minister.41.6","DOIUrl":"https://doi.org/10.17230/ad-minister.41.6","url":null,"abstract":"The existence of multiple directorships is the case when a board member is serving on two or more boards or a number of other external appointments. This study aims to examine the impact of multiple directorships on a firm’s economic values among Saudi listed companies using the busyness hypothesis. As for the methodology, this study collected secondary data from the annual reports of the listed companies that include corporate governance and firm-specific characteristics. In addition, this study reviewed the extant research related to the multiple directorships and firms’ economic values. Using a sample of 140 Energy and Petrochemical companies for the period 2012-2019, the Ordinary-Least Square (OLS) results show that busy directors negatively influence the firm’s economic value, measured as ROA and ROE. The findings of this study have theoretical implications in a manner that gives support to the busyness hypothesis in the Saudi context, which is considered a different setting from other studies conducted in other developed and developing countries in terms of politics, economic factors, and culture. This study adds additional empirical evidence in the unique setting of Saudi Arabia. In addition, the findings of this study could have practical implications to policymakers, shareholders, management, auditors, and other stakeholders in gaining a deeper understanding of how multiple directorships negatively influence the firm’s economic value. ","PeriodicalId":42371,"journal":{"name":"AD-minister","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2022-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46976493","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 : 2022-12-12DOI: 10.17230/ad-minister.41.2
J. L. Ogendo, Jared Ariemba
Mergers and acquisitions are the most popular modes of external corporate growth. Business sustainability, which seeks present returns without compromising the ability to earn returns in the future, has come under serious challenges in an environment of uncertainty. While academic literature suggests that in periods of fundamental uncertainty, there is a decline of mergers and acquisitions, this paper analyses an emerging body of research that suggests that merger and acquisition deals in a vague era actually deliver more value compared to those made in normal economic conditions, which most empirical studies do not deliver much value for the acquirer. This paper therefore suggests that firms in emerging markets can use mergers and acquisitions during a downturn to deliver superior value to shareholders. It also argues that mergers and acquisitions are a corporate governance issue, because it is at the board level that the overall strategy of the firm is implemented, including the various growth options of the firm. However, further research on merger and acquisitions during a vague era need to be conducted in various regions of emerging markets.
{"title":"Mergers and Acquisitions for Business Sustainability in Emerging Markets During a Vague Era: A Literature Analysis","authors":"J. L. Ogendo, Jared Ariemba","doi":"10.17230/ad-minister.41.2","DOIUrl":"https://doi.org/10.17230/ad-minister.41.2","url":null,"abstract":"Mergers and acquisitions are the most popular modes of external corporate growth. Business sustainability, which seeks present returns without compromising the ability to earn returns in the future, has come under serious challenges in an environment of uncertainty. While academic literature suggests that in periods of fundamental uncertainty, there is a decline of mergers and acquisitions, this paper analyses an emerging body of research that suggests that merger and acquisition deals in a vague era actually deliver more value compared to those made in normal economic conditions, which most empirical studies do not deliver much value for the acquirer. This paper therefore suggests that firms in emerging markets can use mergers and acquisitions during a downturn to deliver superior value to shareholders. It also argues that mergers and acquisitions are a corporate governance issue, because it is at the board level that the overall strategy of the firm is implemented, including the various growth options of the firm. However, further research on merger and acquisitions during a vague era need to be conducted in various regions of emerging markets.","PeriodicalId":42371,"journal":{"name":"AD-minister","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2022-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44982272","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 : 2022-12-12DOI: 10.17230/ad-minister.41.1
Miguel Angel Jaimes-Valdez, Carlos Armando Jacobo Hernández, Sergio Ochoa-Jiménez
Sustainability is a topic that has experienced a growing interest in recent years within the academic world, and at the same time, it manifests itself as a particular inconsistency of the business sector, who use it as a means to improve their image, setting aside its vision of great significance. In order to achieve the fundamental purpose of sustainability, the corporate governance model has been an evolving subject in recent years. This is due to the fact that even though the mechanism still endures, it has little to do with the balance of social and environmental benefits. In Mexico, cattle ranchers have faced several problems, such as the difficulty of marketing with intermediaries. In response, this quantitative study has been carried out in order to identify a possible relationship between sustainability and corporate governance, through the testing of six hypotheses. The findings show a positive correlation between corporate governance mechanisms (formal and efficiency) and sustainability dimensions (economic, social, and environmental). This provides further evidence of the complexity of sustainability and corporate governance issues.
{"title":"Sustainability and corporate governance mechanisms in mexican beef production","authors":"Miguel Angel Jaimes-Valdez, Carlos Armando Jacobo Hernández, Sergio Ochoa-Jiménez","doi":"10.17230/ad-minister.41.1","DOIUrl":"https://doi.org/10.17230/ad-minister.41.1","url":null,"abstract":"Sustainability is a topic that has experienced a growing interest in recent years within the academic world, and at the same time, it manifests itself as a particular inconsistency of the business sector, who use it as a means to improve their image, setting aside its vision of great significance. In order to achieve the fundamental purpose of sustainability, the corporate governance model has been an evolving subject in recent years. This is due to the fact that even though the mechanism still endures, it has little to do with the balance of social and environmental benefits. In Mexico, cattle ranchers have faced several problems, such as the difficulty of marketing with intermediaries. In response, this quantitative study has been carried out in order to identify a possible relationship between sustainability and corporate governance, through the testing of six hypotheses. The findings show a positive correlation between corporate governance mechanisms (formal and efficiency) and sustainability dimensions (economic, social, and environmental). This provides further evidence of the complexity of sustainability and corporate governance issues.","PeriodicalId":42371,"journal":{"name":"AD-minister","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2022-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47451024","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 : 2022-12-12DOI: 10.17230/ad-minister.41.3
Eshari Withanage, Andreas Dutzi
The concept of CSR is still novel to Sri Lanka and firms in the country, and the adoption of the concept is in the initial phase. Scholars in developing countries are conducting studies based on CSR. This study aims to explore how and to what extent firms in emerging countries can conduct CSR activities; the types of benefits the firms can enjoy from CSR-driven activities; and the types of benefits that society can gain from CSR. This study provides insights into identifying existing CSR practices and analyze the benefits that they can generate. The study was conducted using 50 of the highest market capitalized firms listed on the Colombo Stock Exchange, Sri Lanka. The target group comprised 70 board of directors of the selected firms. A structured questionnaire was used for collecting data. The board of directors who responded believed that the most vital criteria in the CSR pyramid are economic responsibility. This response indicates that firms need to prioritise generating profits and then use their earnings for the wellbeing of society.
{"title":"Sustainability in an Emerging Market – In the context of the Top Management","authors":"Eshari Withanage, Andreas Dutzi","doi":"10.17230/ad-minister.41.3","DOIUrl":"https://doi.org/10.17230/ad-minister.41.3","url":null,"abstract":"The concept of CSR is still novel to Sri Lanka and firms in the country, and the adoption of the concept is in the initial phase. Scholars in developing countries are conducting studies based on CSR. This study aims to explore how and to what extent firms in emerging countries can conduct CSR activities; the types of benefits the firms can enjoy from CSR-driven activities; and the types of benefits that society can gain from CSR. This study provides insights into identifying existing CSR practices and analyze the benefits that they can generate. The study was conducted using 50 of the highest market capitalized firms listed on the Colombo Stock Exchange, Sri Lanka. The target group comprised 70 board of directors of the selected firms. A structured questionnaire was used for collecting data. The board of directors who responded believed that the most vital criteria in the CSR pyramid are economic responsibility. This response indicates that firms need to prioritise generating profits and then use their earnings for the wellbeing of society.","PeriodicalId":42371,"journal":{"name":"AD-minister","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2022-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48771563","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 : 2022-12-12DOI: 10.17230/ad-minister.41.4
Carlos Briolo, Miguel Cordova
While crises are ubiquitous in Latin America, due to its geographical characteristics as well as its turbulent business environment, countries such as Peru have also extreme rates of corruption and deep institutional weakness. These factors, taken together, undermine any attempt of national governments or society’s collective efforts towards achieving sustainability. This paper aims to analyze the “Vacunagate” scandal that occurred in Peru during the first negotiations of the vaccination process against COVID-19, using a case study method, and focusing our discussion from the Agency Theory as well as from leadership and institutional perspectives. The results of the analysis emphasize how the “Vacunagate” event generated relevant constraints towards the achievement of the SDG 16, and its specific targets related to provide justice for all, deal with organized crime, reduce corruption, and create accountable institutions. In addition, the study provides insights and implications for organizations in Peru that would have to operate under a turbulent business environment, considering a business-as-usual corruption and a weak institutional context.
{"title":"A Cracked Public Administration in Peru: How “Vacunagate” Has Shaken the Foundations of an Already Damaged Society","authors":"Carlos Briolo, Miguel Cordova","doi":"10.17230/ad-minister.41.4","DOIUrl":"https://doi.org/10.17230/ad-minister.41.4","url":null,"abstract":"While crises are ubiquitous in Latin America, due to its geographical characteristics as well as its turbulent business environment, countries such as Peru have also extreme rates of corruption and deep institutional weakness. These factors, taken together, undermine any attempt of national governments or society’s collective efforts towards achieving sustainability. This paper aims to analyze the “Vacunagate” scandal that occurred in Peru during the first negotiations of the vaccination process against COVID-19, using a case study method, and focusing our discussion from the Agency Theory as well as from leadership and institutional perspectives. The results of the analysis emphasize how the “Vacunagate” event generated relevant constraints towards the achievement of the SDG 16, and its specific targets related to provide justice for all, deal with organized crime, reduce corruption, and create accountable institutions. In addition, the study provides insights and implications for organizations in Peru that would have to operate under a turbulent business environment, considering a business-as-usual corruption and a weak institutional context.","PeriodicalId":42371,"journal":{"name":"AD-minister","volume":null,"pages":null},"PeriodicalIF":0.9,"publicationDate":"2022-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42240831","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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