Search results for "STRATEGY"
showing 10 items of 2256 documents
Influence of board of directors on firm performance: Analysis of family and non-family firms
2015
This article analyses how board structure can affect both financial and social performance, comparing family and non-family firms. Our theoretical framework is based on the integration of the agency theory, traditionally used in the analysis of the impact of the board on the firm's financial performance, with the stakeholder theory, which is more appropriate in the analysis of the social aspects of the firm. Three main aspects are addressed: the analysis of the firm's social performance; the integration of agency theory with stakeholder theory; and the study of the specific characteristics of family firms' boards. The research confirms that neither the agency theory nor the stakeholder theo…
Success factors and barriers facing the innovative start-ups and their influence upon performance over time
2004
Based upon a sample of 18 start-up innovative firms, all of them located in the Bay Area of San Francisco, this study is intended to shed some light on the strengths, opportunities, weaknesses and threats usually common to the innovative start-up firms, gathered into five areas: funding, management, focus, personal profile and goals and growth strategy. Managerial and organisational hurdles prevail during the first stages of development, whereas most strengths fall into the funding, focus and personal profile categories. An update of the 18 firms under study in year 2002 certifies the innovation start-ups usually manage grow faster than the conventional SMEs.
El papel de la formalización y la confianza organizacional como antecedentes de ambidestreza: una investigación sobre la industria agroalimentaria or…
2020
This article investigates the influence of specific key organizational factors (i.e., enabling formalization, coercive formalization, and trust) as antecedents of ambidexterity. Moreover, we propose a new way of operationalizing ambidexterity, under a holistic vision, including the synergies between exploration and exploitation. The study has been developed in the Spanish organic agro-food industry; a total of 239 usable responses were received from two respondents from each company—the general manager and the quality manager. The findings show that enabling formalization and organizational trust are positively related to ambidexterity, but contrary to our predictions, we found no evidence …
Free admission in museums and monuments : An exploration of some perceptions of the audiences.
2008
This paper considers the theme of the audiences' perceptions of free admission in national French museums and monuments. The results show that, from an individual perspective, perceptions of free admission are linked to perceptions of price, money and payment, hence complementing perceptions expressed in a collective perspective (a symbolic, political measure causing either adhesion or rejection). These perspectives are generally put forward by both advocates and opponents of the measure in their discussions. These different visions of free admission have managerial implications for managers of museums and monuments. Copyright © 2007 John Wiley & Sons, Ltd.
The monitoring role of female directors over accounting quality
2017
Recent research in accounting suggests female directors exert more stringent monitoring over the financial reporting process than their male counterparts. However, an emerging literature in finance and economics provides mixed findings and questions whether females in leadership roles significantly differ from their male counterparts. Building on this literature, we re-examine the link between the presence of female directors, gender biases, and financial statements quality. Using a large sample of UK firms we find that a larger percentage of women among independent directors is significantly associated with lower earnings management practices. However, we show that this relation disappears…
Competitiveness and interregional as well as international trade: The case of Catalonia
2010
Recent years have seen a surge of interest among industrial organization economists in using data on international trade flows as windows into competitiveness. For countries that are at least mid sized (e g., Spain), interregional trade tends to be as large as or significantly larger than international trade. The case of Catalonia, a Spanish region, illustrates how ignoring interregional flows can lead to erroneous inferences about a region's external competitiveness. Accounting for Catalonia's interregional as well as international flows shifts what is generally assessed to be a chronic trade deficit in goods into a surplus and changes diagnoses of which Catalan sectors generate external s…
Happiness at work in knowledge-intensive contexts: Opening the research agenda
2018
In today's business environment, management of knowledge-intensive workers has become one of the most challenging elements to consider. To sustain a company's competitive advantage, highly skilled workers who are perfectly aligned and motivated in the organization are essential. However, happiness becomes essential for these type of employees. Happiness at work is a research topic that is growing in importance among academics, but requires further attention. Through a narrative synthesis method, we review, clarify and suggest future research lines to develop research on happiness at work in knowledge-intensive contexts. JEL classification: J28, I310, M120, Keywords: Happiness at work, Knowl…
Socio-economic inequality, interregional mobility and mortality among cancer patients: A mediation analysis approach
2022
This paper investigates the effect of socio-economic status on interregional mobility and mortality among cancer patients. The cohort under analysis comprises patients residing in Sicily (Italy), who were diagnosed with lung and colon cancer between 2010 and 2011. The data was collated from the hospital discharge records of the Sicilian Region and the Regional register of the causes of death, by considering all those patients for whom information relating to socio-economic status was available. First, graphical models were applied to highlight the multivariate structure of association among socio-economic status, interregional mobility and 3-year mortality. Secondly, mediation analysis quan…
Do universities matter for the location of foreign R&D?
2021
This article explores the extent to which the regional higher education system (HES) influences the location of foreign research and development (R&D). To do so, we use a dataset with information on the location choices of new foreign R&D establishments within Spain from 2005 to 2013. Similarly, we use a multiple measure of the three university missions, distinguishing between research capacity training, scientific research, and technology transfer. We find that the probability of a foreign R&D establishment being located in a region is positively affected by the strength of the region’s HES missions, and more specifically by the quality of its scientific research, while its re…
The Classical Notion of Competition Revisited
2013
This article seeks to fill a lacuna within classical economics concerning the process of market price determination in situations of market disequilibrium. To this aim, first we distinguish the classical notion of free competition from the Walrasian notion of perfect competition and we argue that the latter is beset with some theoretical difficulties alien to the former. Second, we reconstruct in some detail Smith’s and Marx’s views concerning market price determination and show that Marx’s extensive use of metaphors and numerical examples foreshadows the modern taxonomy of buyers’ market, sellers’ market, and mixed strategy equilibrium in the capacity space of a standard Bertrand duopoly m…