Motivated by the need to understand firm characteristics associated with the disclosure of unexpected and unusual systematic risks, caused by events over which managers have little control, we examine the association between corporate governance and the early disclosure of such risks. We use the case of the global pandemic, COVID-19 as an example of such risk. The results suggest that firms with weaker corporate governance, are more likely to disclose coronavirus risk early after controlling for firm performance. These findings are robust to alternative measures for the disclosure of coronavirus risk and to alternative model specifications.
{"title":"Corporate governance and the early disclosure of systematic risk","authors":"Abiodun S. Isiaka, Chima Mbagwu","doi":"10.1002/cjas.1773","DOIUrl":"https://doi.org/10.1002/cjas.1773","url":null,"abstract":"<p>Motivated by the need to understand firm characteristics associated with the disclosure of unexpected and unusual systematic risks, caused by events over which managers have little control, we examine the association between corporate governance and the early disclosure of such risks. We use the case of the global pandemic, COVID-19 as an example of such risk. The results suggest that firms with weaker corporate governance, are more likely to disclose coronavirus risk early after controlling for firm performance. These findings are robust to alternative measures for the disclosure of coronavirus risk and to alternative model specifications.</p>","PeriodicalId":47349,"journal":{"name":"Canadian Journal of Administrative Sciences-Revue Canadienne Des Sciences De L Administration","volume":"42 2","pages":"269-287"},"PeriodicalIF":1.2,"publicationDate":"2024-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/cjas.1773","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144323607","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Startups play a crucial role in driving disruptive innovation by creating and introducing radically new knowledge that challenges established incumbents and reshapes industries. This article examines the key factors that influence startups' radical knowledge creation, focusing on underlying mechanisms that provide a strategic advantage. By integrating multiple frameworks—creative destruction, disruptive innovation, Blue Ocean, human capital, social networks, and entrepreneurial cognition—the article contributes to the knowledge-based view (KBV) of the firm. It offers insights into the dynamic interplay between market and firm-related forces that promote radical knowledge creation, fueling discovery and disruptive innovation. The findings enhance our understanding of how startups leverage both internal and external resources to generate groundbreaking ideas and transform industries.
{"title":"How startups create new knowledge that spark disruptive innovations","authors":"Shaker A. Zahra","doi":"10.1002/cjas.1771","DOIUrl":"https://doi.org/10.1002/cjas.1771","url":null,"abstract":"<p>Startups play a crucial role in driving disruptive innovation by creating and introducing radically new knowledge that challenges established incumbents and reshapes industries. This article examines the key factors that influence startups' radical knowledge creation, focusing on underlying mechanisms that provide a strategic advantage. By integrating multiple frameworks—creative destruction, disruptive innovation, Blue Ocean, human capital, social networks, and entrepreneurial cognition—the article contributes to the knowledge-based view (KBV) of the firm. It offers insights into the dynamic interplay between market and firm-related forces that promote radical knowledge creation, fueling discovery and disruptive innovation. The findings enhance our understanding of how startups leverage both internal and external resources to generate groundbreaking ideas and transform industries.</p>","PeriodicalId":47349,"journal":{"name":"Canadian Journal of Administrative Sciences-Revue Canadienne Des Sciences De L Administration","volume":"41 4","pages":"451-464"},"PeriodicalIF":1.2,"publicationDate":"2024-12-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/cjas.1771","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142868034","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study explores the complex decision-making (DM) dynamics between clients and consultants, a crucial area often neglected in existing research. Utilizing a Multi-Perspective Approach combined with Multi-Criteria Decision Analysis, we examine DM challenges such as cost overruns, project delays, and compromised work quality stemming from ineffective DM practices. Key findings highlight the pervasive fear of financial repercussions from poor decisions, which impedes decisive and transparent DM. We offer practical recommendations for managers, propose strategies to strengthen DM processes, enhance project execution frameworks and insights to improve operational efficiency and competitive advantages for Ghanaian mining construction sector stakeholders. This study significantly contributes to the literature on project management by offering targeted solutions and advancing knowledge on DM practices.
{"title":"Project management challenges in client-consultant decision-making: A case for the Ghanaian mining construction industry","authors":"A. Akofa Amegboleza, Amevi Acakpovi, M. Ali Ülkü","doi":"10.1002/cjas.1772","DOIUrl":"https://doi.org/10.1002/cjas.1772","url":null,"abstract":"<p>This study explores the complex decision-making (DM) dynamics between clients and consultants, a crucial area often neglected in existing research. Utilizing a Multi-Perspective Approach combined with Multi-Criteria Decision Analysis, we examine DM challenges such as cost overruns, project delays, and compromised work quality stemming from ineffective DM practices. Key findings highlight the pervasive fear of financial repercussions from poor decisions, which impedes decisive and transparent DM. We offer practical recommendations for managers, propose strategies to strengthen DM processes, enhance project execution frameworks and insights to improve operational efficiency and competitive advantages for Ghanaian mining construction sector stakeholders. This study significantly contributes to the literature on project management by offering targeted solutions and advancing knowledge on DM practices.</p>","PeriodicalId":47349,"journal":{"name":"Canadian Journal of Administrative Sciences-Revue Canadienne Des Sciences De L Administration","volume":"42 2","pages":"302-319"},"PeriodicalIF":1.2,"publicationDate":"2024-11-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/cjas.1772","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144323691","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This special issue looks at how big data affects business decisions, processes, and organizational change within organizations. The issue starts with a review of the latest research in the field, including key developments and ongoing debates. The literature review shows how Big Data is affecting how organizations work, including ethical issues, internal rules, and using new technology. Next, the issue presents three key papers on how Big Data affects modern organizations. The first paper looks at how Big Data how Big Data is helping to make cities smarter. The third paper looks at how new technologies like artificial intelligence, blockchain, and quantum computing affect financial organizations. Together, these contributions show the need to balance innovation with risk management. They advocate for ethical considerations and policy frameworks as organizations navigate the complexities of the Big Data era. This essay of synthesis, from literature review to focused studies on decision-making, operations, and organizational change, provides a holistic understanding of the role of Big Data in shaping the future of business.
{"title":"The impact of big data on decision-making, processes and organizational change: An essay of synthesis","authors":"Jean-Michel Sahut, Emmanuel Fragniere, Rey Dang","doi":"10.1002/cjas.1770","DOIUrl":"https://doi.org/10.1002/cjas.1770","url":null,"abstract":"<p>This special issue looks at how big data affects business decisions, processes, and organizational change within organizations. The issue starts with a review of the latest research in the field, including key developments and ongoing debates. The literature review shows how Big Data is affecting how organizations work, including ethical issues, internal rules, and using new technology. Next, the issue presents three key papers on how Big Data affects modern organizations. The first paper looks at how Big Data how Big Data is helping to make cities smarter. The third paper looks at how new technologies like artificial intelligence, blockchain, and quantum computing affect financial organizations. Together, these contributions show the need to balance innovation with risk management. They advocate for ethical considerations and policy frameworks as organizations navigate the complexities of the Big Data era. This essay of synthesis, from literature review to focused studies on decision-making, operations, and organizational change, provides a holistic understanding of the role of Big Data in shaping the future of business.</p>","PeriodicalId":47349,"journal":{"name":"Canadian Journal of Administrative Sciences-Revue Canadienne Des Sciences De L Administration","volume":"41 4","pages":"508-515"},"PeriodicalIF":1.2,"publicationDate":"2024-11-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142867985","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}