Search results for "organizational behavior"
showing 10 items of 758 documents
On the duration of sovereign ratings cycle phases
2021
Abstract Using long-term sovereign ratings data for a panel of 130 countries over the last three decades, we investigate the duration and determinants of sovereign rating phases through the lens of discrete-time Weibull models. We find that the likelihood of the end of the ‘speculative-grade’ phase increases as time goes by (i.e. there is positive duration dependence), but the ‘investment-grade’ phase is not duration dependent. Thus, for sovereigns rated as speculative, the build-up of reputation as good borrowers is a gradual process, whereas the reputation of investment-grade sovereigns solidifies and remains unchanged as time passes. However, the length of both phases significantly depen…
La infravaloración de las ofertas públicas iniciales en el mercado español: empresa familiar versus empresa no familiar
2013
ResumenLa evidencia previa nacional e internacional muestra la infravaloración de las empresas que salen a bolsa a través de una Oferta Pública Inicial (OPI). Este trabajo tiene como objetivo estudiar si este fenómeno también se da en las empresas de carácter familiar y si existen diferencias significativas en la infravaloración respecto de las empresas no familiares. Para ello, analizamos una muestra formada por 59 empresas españolas que iniciaron su cotización en el mercado bursátil español por medio de una OPI en el periodo 1994-2012. Los resultados revelan que se produce un rendimiento inicial medio positivo significativo tanto en las OPI de las empresas familiares como en las OPI de la…
Institutional Logic of Business Bubbles: Lessons from the Dubai Business School Mania
2014
In this essay, we integrate institutional and business bubble perspectives to build a theoretical explanation for the growth and subsequent decline of the business school sector in Dubai during the period 2002–2012. The motivation for our research-based essay stems from the question: “How is it possible that the world’s top business schools simultaneously judged the market so badly and collectively invested in activities that, in retrospect, were far from economically rational and more closely resembled euphoria and mania?” Furthermore, we ask: “Why did business school leaders decide to enter the overcrowded Dubai market in particular, precipitating its boom-and-bust cycle? Our novel integr…
Cadenas de suministro, Derechos Humanos, Empresas Transnacionales e industria textil: de los AMI a un Instrumento Internacional Jurídicamente Vincula…
2019
espanolEl texto parte de la necesidad de elaborar normas vinculantes a nivel internacional sobre empresas transnacionales y derechos humanos con la finalidad de poner fin a la impunidad de la que gozan cuando, directamente o a lo largo de los distintos eslabones de su cadena de suministro, provocan violaciones de estos derechos, asi como asegurar la reparacion de las victimas y posibles secuelas. Existen distintas iniciativas en el plano internacional, tanto en el ambito de Naciones Unidas (Principios Rectores) como en el ambito de las propias corporaciones y sus relaciones con los sindicatos (Acuerdos Marco Internacionales), orientadas a impulsar a las empresas transnacionales hacia compor…
Illegitimate tasks, job crafting and their longitudinal relationships with meaning of work
2021
The aims of this study were twofold: first, to investigate whether illegitimate tasks and job crafting are associated longitudinally with meaning of work, and, second, to explore whether job crafti...
Microfinance beyond self-employment: Evidence for firms in Bulgaria
2017
This paper provides new evidence on the impact of microfinance on job creation beyond self-employment. We examine wage-employment effects for a typical program in Eastern Europe with average loan sizes that are considerably above what has been studied so far. We apply propensity score matching extended by a difference-in-differences estimator to panel data from an individual-lending program to firms in Bulgaria. Our results indicate that microcredit has very positive effects on job creation. Participating firms have on average 2.5 (or 33 percent) more employees two years after receiving a microcredit than matched non-participants. This strong effect seems to be related to a certain loan siz…
The Nordic difference: Job quality in Europe 1995–2010
2012
Previous empirical research has pointed out that Nordic countries are distinguished from the rest of Europe in terms of job quality. On the other hand, it has been debated whether, in the longer run, the Nordic welfare state is able to insulate workers from globalization effects. This article investigates whether Nordic countries have retained their advantageous position concerning job quality compared with other EU countries. Empirical analyses are based on the European Working Conditions Survey collected in 1995, 2000, 2005, and 2010. We use data on employees in the 15 member states of the EU prior to enlargement in 2004 (n = 61,457). The results partly confirm previous findings of high j…
Psychological consequences of fixed-term employment and perceived job insecurity among health care staff
2005
The present study sought to clarify the roles of fixed-term employment and perceived job insecurity in relation to an employee's job attitudes (job satisfaction, turnover intentions) and well-being (work engagement, job exhaustion). Specifically, we examined which of the two situations, high subjective job insecurity and a permanent job (i.e., violation hypothesis) or high subjective job insecurity and a fixed-term job (i.e., intensification hypothesis), would lead to the most negative job attitudes and well-being. Data from 736 employees in one Finnish health care district were collected by questionnaires. The results supported the violation hypothesis: Under conditions of high perceived j…
Occupational well-being as a mediator between job insecurity and turnover intention: Findings at the individual and work department levels
2013
This study examined the relationship between job insecurity and turnover intention by applying occupational well-being (exhaustion, vigour) as a mediator. The study was inspired by two theories: the conservation of resources and emotional contagion theories. We investigated the relationships at the individual and work department levels by utilizing Multi-Level Structural Equation Modeling (ML-SEM) with the aim of clarifying whether the mediating mechanism was similar at both levels. In addition, we examined the relationships across the levels (cross-level interactions). Self-report data for the study were obtained from Finnish University staff (N = 2137 individual respondents from 78 work d…
Social media monitoring: aims, methods, and challenges for international companies
2014
Purpose – The purpose of this paper is to clarify the aims, monitoring methods and challenges of social media monitoring from the perspective of international companies. Trends in the literature are also investigated. Design/methodology/approach – Based on a systematic literature review, 30 key articles from 2008 to 2012 were further analysed. Findings – International companies need real-time monitoring software, expertise and dynamic visualization to facilitate early detection and prognoses supporting strategy making. This is a costly affair, prompting questions about return on investment. A recent trend in the research literature concerns the development of models describing how issues s…