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1 – 8 of 8Ethnoracial categories and classifications can change over time, sometimes leading to increased social mobility for marginalized groups or nonelites. These ethnoracial changes are…
Abstract
Ethnoracial categories and classifications can change over time, sometimes leading to increased social mobility for marginalized groups or nonelites. These ethnoracial changes are often attributed to emulation, where nonelites adopt the elite's social, cultural, and political characteristics and values. In some cases, however, nonelites experience ethnoracial shifts and upward mobility without emulating elites, which events can help explain. I argue that the type of event, whether endogenous or exogenous, affects the ability of elites to enforce their preferred ethnoracial hierarchy because it will determine the strategy – either insulation or absorption – they can pursue to maintain their power. I examine this phenomenon by comparing the cases of Irish social mobility in 17th-century Barbados and Montserrat. Findings suggest that endogenous events allow elites to reinforce their preferred ethnoracial hierarchy through insulation, whereas exogenous events constrain elites to employ absorption, which maintains their power but results in hierarchical shifts. Events are thus critical factors in ethnoracial shifts.
Bilel Bzeouich, Florence Depoers and Faten Lakhal
The purpose of this paper is to examine the effect of chief executive officer (CEO) overconfidence on earnings quality and the moderating role of ownership structure as a crucial…
Abstract
Purpose
The purpose of this paper is to examine the effect of chief executive officer (CEO) overconfidence on earnings quality and the moderating role of ownership structure as a crucial corporate governance device.
Design/methodology/approach
The paper uses the generalized method of moments (GMM) estimation method to test our models on a sample of 335 French companies between 2009 and 2020, i.e. 4,020 observations.
Findings
The results show that CEO overconfidence negatively affects earnings quality. This result supports the predictions of behavioral finance theory and suggests that CEO overconfidence is a behavioral bias that affects the quality of earnings. The authors also examined the effect of different types of ownership structures on this relationship. The results show the significant role of controlling shareholders, owner-managers, families and institutional investors in mitigating the negative effect of CEO overconfidence on earnings quality.
Research limitations/implications
This paper has some limitations. First, other types of ownership structures could have been analyzed such as state ownership. Second, we ignored the role of the board of directors as an important governance mechanism in controlling overconfident CEOs’ actions.
Practical implications
Companies should be aware of the potential risks associated with CEO overconfidence, which can compromise the faithful representation of earnings. This highlights the importance of effective monitoring and internal controls to detect and prevent such practices, which involve the role of ownership structure.
Originality/value
This paper addresses the effect of CEO overconfidence on earnings quality and provides new evidence on the role of different ownership structure types in shaping this relationship. Additionally, this paper sheds new light on how overconfident CEOs may behave in challenging times.
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Geoffroy Enjolras, Philippe Madiès and Hang Yue
This paper examines the influence of accounting practices on financial performance with an application to farms. In response to the yield, price and weather risks they face, farms…
Abstract
Purpose
This paper examines the influence of accounting practices on financial performance with an application to farms. In response to the yield, price and weather risks they face, farms have strong incentives to manipulate their earnings.
Design/methodology/approach
We measure earnings management and performance using data from the Farm Accountancy Data Network (FADN), which is representative of French professional farms over the period 2000–2022.
Findings
Our results show that, on average, regardless of year and specialisation, farms use two competing strategies to manage their earnings and deal with uncertainty. In the short run, timely reporting of bad news can help them to access public support. In the long run, farms also smooth their earnings, which is justified by the need to maintain their access to credit and to cope with climatic and economic shocks.
Research limitations/implications
Further research could provide more precise evidence of the impact of climatic, geopolitical or market events on farm accounting practices. In addition, the analysis could be extended to other industries that are also exposed to risks.
Practical implications
The results shed new light on the observed volatility in farm profitability and their ability to manage risk. Accounting practices play an important role in helping farmers to cope with risky production and volatile market conditions. While farmers may appear to be in a difficult situation due to reduced and low-quality earnings, we believe that they are in fact resilient in ensuring the sustainability of their operations and financing.
Originality/value
This work highlights the key role of earnings management in risk management. Farms are a relevant example of small- and medium-sized enterprises (SMEs) exposed to natural and economic risks.
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Simon Alcouffe, Marie Boitier and Richard Jabot
This study aims to provide an integrated review of the literature on the diffusion, adoption and implementation of multicapital accounting (MCA) innovations.
Abstract
Purpose
This study aims to provide an integrated review of the literature on the diffusion, adoption and implementation of multicapital accounting (MCA) innovations.
Design/methodology/approach
The paper analyzes a sample of 68 articles collected from 21 peer-reviewed journals. An integrated model of the diffusion, adoption and implementation of MCA innovations is developed and used to frame data collection, content analysis and the critical synthesis of findings.
Findings
The involvement of various key actors, including academics, regulatory agencies, non-governmental organizations (NGOs) and businesses, is crucial in the diffusion of MCA innovations as they provide resources, promote legitimacy and drive the adoption process through regulation, advocacy, tool design and capacity building. The adoption of MCA innovations is significantly influenced by their perceived relative advantage, compatibility, complexity, observability and trialability. Organizations may adopt MCA innovations due to rational motives, regulatory requirements or to gain legitimacy by imitating peers. Larger firms with better financial performance and strong corporate sustainability responsibility (CSR) practices are more likely to adopt MCA innovations due to greater resources and exposure to stakeholder pressures. The implementation of MCA innovations often proceeds incrementally, requiring alignment with organizational routines, top management support and consistent use. Successful integration into organizational practices necessitates a culture that values sustainability alongside financial metrics.
Practical implications
This study provides several practical and societal implications. For practitioners, understanding the key drivers of adoption, such as perceived advantages and compatibility with existing organizational processes, can help in designing and implementing more effective MCA strategies. For instance, companies can benefit from training programs and workshops to reduce perceived complexity and enhance trialability. Additionally, regulatory bodies can create supportive policies and incentives to encourage voluntary adoption and improve compliance rates. On a societal level, the broader adoption of MCA innovations can lead to more comprehensive and transparent reporting of both financial and non-financial performance, which in turn enhances stakeholder trust and engagement. This transparency can drive societal benefits by promoting greater accountability and encouraging sustainable business practices.
Social implications
On a societal level, the broader adoption of MCA innovations can lead to more comprehensive and transparent reporting of both financial and nonfinancial performance, which in turn enhances stakeholder trust and engagement. This transparency can drive societal benefits by promoting greater accountability and encouraging sustainable business practices.
Originality/value
This paper contributes to the emerging research on MCA by offering a systematic review that integrates various perspectives on the diffusion, adoption and implementation of MCA innovations. It provides a nuanced understanding of the dynamics influencing MCA practices and suggests avenues for future research.
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Nicola Cobelli and Silvia Blasi
This paper explores the Adoption of Technological Innovation (ATI) in the healthcare industry. It investigates how the literature has evolved, and what are the emerging innovation…
Abstract
Purpose
This paper explores the Adoption of Technological Innovation (ATI) in the healthcare industry. It investigates how the literature has evolved, and what are the emerging innovation dimensions in the healthcare industry adoption studies.
Design/methodology/approach
We followed a mixed-method approach combining bibliometric methods and topic modeling, with 57 papers being deeply analyzed.
Findings
Our results identify three latent topics. The first one is related to the digitalization in healthcare with a specific focus on the COVID-19 pandemic. The second one groups up the word combinations dealing with the research models and their constructs. The third one refers to the healthcare systems/professionals and their resistance to ATI.
Research limitations/implications
The study’s sample selection focused on scientific journals included in the Academic Journal Guide and in the FT Research Rank. However, the paper identifies trends that offer managerial insights for stakeholders in the healthcare industry.
Practical implications
ATI has the potential to revolutionize the health service delivery system and to decentralize services traditionally provided in hospitals or medical centers. All this would contribute to a reduction in waiting lists and the provision of proximity services.
Originality/value
The originality of the paper lies in the combination of two methods: bibliometric analysis and topic modeling. This approach allowed us to understand the ATI evolutions in the healthcare industry.
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This paper aims to examine the relationship between employee dynamic capabilities (EDCs), innovative work behavior (IWB) and job performance (JP) among nurses in public hospitals…
Abstract
Purpose
This paper aims to examine the relationship between employee dynamic capabilities (EDCs), innovative work behavior (IWB) and job performance (JP) among nurses in public hospitals in Iraq. It also determines the mediating role of IWB in the relationship between EDC and JP.
Design/methodology/approach
This study uses structural equation modeling via partial least squares (PLS-SEM) and bootstrapping estimation to analyze the model. A total of 425 respondents participated in the survey, though only 372 participants completed all the items in the questionnaire. Hence, 372 responses were analyzed after data screening.
Findings
This study indicates that EDC has a positive correlation with IWB among nurses in public hospitals in Iraq. It also shows that IWB has a positive relationship with JP. It further demonstrates that IWB has a positive mediating effect on the relationship between EDC and JP among nurses in Iraq’s public hospitals.
Research limitations/implications
The implication of this study is that EDC can significantly predict IWB, while the latter is a significant predictor of JP among nurses in public hospitals in Iraq. Besides, the relationship between EDC and JP is significantly mediated by IWB. However, as a cross-sectional investigation showing a single snapshot in time, this study has some limitations in terms of establishing strict causality among the variables. Rather than extensive actual data, the findings are based on a log compiled by a key respondent. The findings are obtained from a survey conducted in one country, but certain variables, such as EDC, may have varying implications across different countries. Hence, future research can focus on a diverse range of countries, which could be used to ascertain the findings’ generalizability.
Originality/value
This study advances our understanding of the direct effect of the exploration and exploitation variables as well as the mediating effect of IWB in the relationship between EDC and JP among nurses in public hospitals in Iraq.
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The objective of this investigation is to discover the impacts of energy security (ES) pursuit on climate risk (CR). Notably, we also evaluate the role of institutional quality in…
Abstract
Purpose
The objective of this investigation is to discover the impacts of energy security (ES) pursuit on climate risk (CR). Notably, we also evaluate the role of institutional quality in signifying the effects of ES on CR.
Design/methodology/approach
Six metrics to assess the availability, acceptability, developability and sustainability of energy security are used while we consider nine dimensions of climate risk. We employ several econometric methods, namely the panel-corrected standard error (PCSE) and feasible generalized least squares (FGLS), to a global sample of 65 countries during the 2014–2021 period. Furthermore, long-term impacts are estimated using the dynamic fixed effects (DFE) estimate, which is applied using the autoregressive distributed lag (ARDL) technique.
Findings
The estimation outcomes demonstrate that the pursuit of ES mitigates CR. By using a variety of econometric methodologies and using additional explanation factors, we obtain reliable conclusions. The outcomes propose that the favourable impacts of ES initiatives are more likely to exist in the long run. Notably, ES impacts are more substantial in nations with well-designed institutional systems.
Practical implications
Our study is critical since the findings offer pertinent implications for policymakers and authorities in designing appropriate policies regarding energy security initiatives on the path towards climate resilience and environmental sustainability.
Originality/value
Our work adds to the body of literature by considering various cross-country characteristics, with a focus on variations in the degree of energy security. Our study adds to the previous paper on the effects of climate modification by pointing out the way those heterogeneities shape the magnitude of harm attributed to climate shifts. Specifically, we examine how these differences influence climate modification’s effects on the threat to power safety and the effectiveness of policy strategies. By using this method, we can offer more individualized policy implications that consider variations across nations in the formulation of policies.
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Vikas Swarnakar and Malik Khalfan
Circular economy (CE) is a structured model of production and consumption involving sharing, leasing, reusing, recycling, repairing and refurbishing existing products or materials…
Abstract
Purpose
Circular economy (CE) is a structured model of production and consumption involving sharing, leasing, reusing, recycling, repairing and refurbishing existing products or materials sustainably. Despite the numerous benefits of CE adoption, the construction and demolition (C&D) sector still struggles to comprehensively understand, integrate and adopt this approach. This study provides a comprehensive analysis of CE within the C&D sector and proposes a structured conceptual framework for an effective construction and demolition waste management (CDWM) program.
Design/methodology/approach
A systematic literature review (SLR) was conducted using the “Preferred Reporting Items for Systematic Reviews and Meta-Analyses” (PRISMA) framework to search for articles across three databases: Scopus, Web of Science and EBSCO. EndNote software and Excel spreadsheets were used to analyze and synthesize the articles up to 2024. A total of 102 articles were included in the study. Various key facets of the CE in CDWM, including barriers and mitigation actions, enablers, tools and techniques, benefits, strategies and frameworks, have been thoroughly reviewed and analyzed for the C&D sector to understand their nature and effectively adopt the CE approach in CDWM operations.
Findings
The findings provide a comprehensive analysis of different facets of CE in CDWM and a structured conceptual framework for the effective adoption of CE. This will contribute to improving the management of CDWM in the C&D sector. The outcomes offer a comprehensive knowledge base of CE in CDWM to managers, planners, decision-makers, stakeholders and researchers, enabling effective deployment.
Practical implications
This study offers a substantial knowledge base to researchers by examining various key facets of CE in CDWM, aiding further exploration of research in the same domain. Additionally, it assists C&D managers, planners, stakeholders and decision-makers by furnishing a structured conceptual framework of CE, thereby enhancing effective implementation. Furthermore, this study supports society by providing a pathway to improve C&D waste circularity through the execution of CE.
Originality/value
This study is the first to comprehensively review the various facets of CE from a CDWM perspective and to propose a structured conceptual framework for the effective adoption of CE in the C&D sector. Additionally, it not only advances theoretical knowledge of CE adoption in the CDWM field but also provides practical guidance to stakeholders on how to implement a comprehensive CE approach to enhance C&D waste circularity.
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