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1 – 10 of 17Aktam U. Burkhanov, Bobir O. Tursunov, Bunyod Usmonov and Shokhina U. Mamayusupova
In this chapter, the authors evaluated the financial security of “Kvarts” Joint-Stock Company (JSC) and “Kattakurgan oil” JSC operating in Uzbekistan, considering external…
Abstract
In this chapter, the authors evaluated the financial security of “Kvarts” Joint-Stock Company (JSC) and “Kattakurgan oil” JSC operating in Uzbekistan, considering external factors. The authors tested two main hypotheses. According to the first hypothesis, the statistical panel model, which considers fixed effects and random effects in the cross section, is estimated using the least squares method of the cumulative model. Regression analysis is used in the panel data model. It is desirable to perform the calculation using the method of least squares in this model as well. According to the alternative hypothesis, it is a dynamic panel model. This model studies the dependence of the independent variable in the previous period. If there is an autocorrelation of the residual between the predicted independent variable and the actual independent variable in the regression line of the statistical panel model, then the dynamic panel model is used by the lagged independent variable. Based on the official reports of “Kvarts” JSC and “Kattakurgon oil” JSC, the authors created panel regression model indicators based on financial security indicators using the Eviews-9.0 program. Moreover, the authors developed forecast indicators of their financial security status indicators until 2025.
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This chapter investigates pandemic impact in a variety of industries, including food, travel, education and pharmaceuticals, considering elements such as isolation, emotions and…
Abstract
This chapter investigates pandemic impact in a variety of industries, including food, travel, education and pharmaceuticals, considering elements such as isolation, emotions and social influences, which can lead to panic buying. The goal of this research is to ascertain how COVID-19 influences the buying decisions of customers. Additionally, the study aims to identify consumer consumption trends for a spectrum of products and services, including fast-moving consumer goods (FMCGs), entertainment, pharmaceuticals, travel and tourism. A comprehensive review of different research papers is done to conclude. The papers considered are from 2020 to 2022. Different keywords are used to search the relevant papers such as ‘pandemic’, ‘COVID-19’, ‘behaviour’, ‘impulsive’, etc. TCCM framework has been applied while reviewing the articles. During the isolation, consumer behaviour moved to panic buying and stockpiling, favouring organic basics, and encouraging e-commerce, as well as economic nationalism favouring made-in-India products. This study helps in knowing the reasons for change in consumers' behaviour for different products and services due to unforeseeable situations like COVID-19 and can find possible ways to deal with them. Business owners learn about changing consumer purchasing behaviours and how to modify products. The government can change policies to improve medical tourism and social protection.
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Aaron van Klyton, Mary-Paz Arrieta-Paredes, Vedaste Byombi Kamasa and Said Rutabayiro-Ngoga
The study explores how the intention to export affects financing and non-financing variables for small and medium-sized enterprises (SMEs) in a low-income country (LIC). The…
Abstract
Purpose
The study explores how the intention to export affects financing and non-financing variables for small and medium-sized enterprises (SMEs) in a low-income country (LIC). The objectives of this study are (1) to discern between regional and global exporting and (2) to evaluate its policymaking implications.
Design/methodology/approach
Primary survey data were collected from 330 Rwandan SMEs and were analysed using ordered logistic models as an application of the expectation-maximisation iterating algorithm, which was tested for robustness using a sampling model variation.
Findings
The results show that alternative sources of finance are the predominant choice to finance the intention to export within and outside Africa. As the scope of export intentions broadened from regional to global, there was a shift in preferences from less formal to more formal lending technologies, moving from methods like factoring to lines of credit. Moreover, reliance on bank officers became more significant, with increasing marginal effects. Finally, the study determined that government financing schemes were not relevant for SMEs pursuing either regional or global exporting.
Practical implications
Whilst alternative sources of finance predominate the export intentions of Rwandan SMEs, establishing a robust banking relationship becomes crucial for global exporting. Despite this implication, the intention to export should prompt more transparent communication regarding government financial support programmes. There is an opportunity for increased usage of relationship lending to customise support for SMEs involved in exporting, benefiting both the private and public sectors.
Originality/value
This study accentuates how export distance alters SME financing priorities. The results also contribute to understanding how the value of relationship lending changes when less familiar markets (i.e. global exporting) are the objective. Moreover, the study offers a new perspective on how institutional voids affect entrepreneurial financing decisions in LICs.
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This study analyzes how small French retailers are adapting their front-office to the digitalization of their business environment.
Abstract
Purpose
This study analyzes how small French retailers are adapting their front-office to the digitalization of their business environment.
Design/methodology/approach
The qualitative study focuses on dynamic capabilities of 27 independent French retailers, in a wide variety of sectors.
Findings
The digitalization of small retailers does not date from the pandemic health crisis. Small retailers are willing, agile and organized to make controlled progress, ranging from the visibility on social networks to online sales with its specific logistical constraints. Even if their presence on marketplaces is trickier to implement, it represents the culmination of the digitalization process, once their online store has been launched. The digital transformation of independent retailers should be less radical than for large retailers.
Research limitations/implications
By distinguishing between the concepts of adaptive, absorptive and innovative capabilities, this research highlights strong differences between small retailers, that is SMEs, and larger companies. In terms of adaptive capabilities, it confirms that small retailers are not embracing digitalization as a fad, but because of real changes in the market, and particularly in demand. In contrast to large companies, small retailers drive it more around external objectives linked to their intimate knowledge of changing customer behavior (customer centricity). In terms of absorptive capabilities, the success or failure of digital transformation weighs directly on the entrepreneur's shoulders, but is less hampered by technological legacy. Despite interviews only conducted in the Paris region, it converges with professional studies carried out on a larger scale in France. Its widespread use is certainly easier in countries at the same stage of commercial development.
Practical implications
In terms of innovative capabilities, independent retailers need to focus on four key areas: reinventing the in-store experience; increasing visibility on social networks; creating an online store; being present in one or two marketplaces or creating a common platform with other local merchants.
Originality/value
This research is one of the first to analyze the digital transformation experienced by small structures. It draws on the concept of dynamic capabilities, well-suited to technologically and commercially dynamic markets. It puts into perspective studies carried out in other countries on less diversified types of shops. Unlike other studies examining the front office, it does not exclude stores and SEO in marketplaces.
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Criminological research, particularly in the Anglo-Saxon academic realm, has extensively examined the sharp increase in incarceration rates since the mid-1970s. Referred to as the…
Abstract
Criminological research, particularly in the Anglo-Saxon academic realm, has extensively examined the sharp increase in incarceration rates since the mid-1970s. Referred to as the “sociologies of the punitive turn” (Carrier, 2010), these studies argue that this surge reflects a sudden and harsh transformation in the logic governing penal practices and discourse. Some findings even suggest that this punitive shift has a global reach, impacting regions like Latin America. This broader narrative prompts an inquiry into whether a similar punitive turn occurred in Ecuador, a South American nation. Examination of prison demographics and legal frameworks in this country reveals a notable increase in incarceration rates during the 1990s, closely linked to drug trafficking control policies led by the United States. Consequently, I suggest that while the influence of neoliberal rationality, characteristic of the punitive turn, is evident, it’s more aptly described as a manifestation of punitive imperialism. Thus, it is imperative to analyze shifts in punishment trends within the framework of imperial dynamics, particularly considering the economic dependency of peripheral countries.
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Audrey J. Murrell, Ray Jones, Logan Kauffman, Joseph Bute and John C. Welch
Food security reflects the amount of access and availability of healthy, nutritious, and culturally appropriate food and represents a significant problem both nationally and…
Abstract
Food security reflects the amount of access and availability of healthy, nutritious, and culturally appropriate food and represents a significant problem both nationally and globally. Individuals and families that are considered food insecure experience disparities and inequities in food access and availability and insufficiency in the amount and kind of food required for a healthy lifestyle. We see high food insecurity as a violation of one's rights to a healthy and secure life and a denial of the opportunity for individuals, families, and communities to realize their full potential in society. Thus, we examine food insecurity from three distinct but related perspectives: social responsibility, social justice, and social sustainability. We then explore the link between food insecurity and the “built environment” as needed to shape research, practice, and sustainable solutions in the future.
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Sarah Tonks and Zoe Stephenson
The majority of gang research has focussed primarily on American samples, with the rehabilitative field being no exception. Therefore, the purpose of this study was to expand the…
Abstract
Purpose
The majority of gang research has focussed primarily on American samples, with the rehabilitative field being no exception. Therefore, the purpose of this study was to expand the knowledge base regarding the psychology of gang membership by exploring the narrative accounts of convicted street gang members within an English and Welsh prison sample.
Design/methodology/approach
Using semi-structured interviews with nine convicted male prisoners, data were analysed, systematically coded and themes generated in line with the principles of thematic analysis.
Findings
Three major themes emerged which depicted how members viewed gang membership. The first theme was around what being a gang member meant to them and the organisation within the gang (e.g. hierarchy and criminal activities). The second theme reflected their motivations for joining a gang with reference to their identity and survival. Lastly, within the third theme, participants spoke about what had motivated them to disengage from the gang, difficulties they faced because of disengagement, and what they felt had helped them in the process of disengagement.
Practical implications
The study emphasises the importance of avoiding labels and promoting choice as to how individuals refer to themselves, which can help remove stigma and strengthen professional relationships as part of their risk management planning. Policymakers, practitioners and programme developers are advised to reflect on the word “gang” and how this may influence perception of risk and contribute to bias in judgement. The study also provides insight into individuals experiences with rehabilitation initiatives and the logistical challenges of being open with their peer group. Also supports ideas on considering how to create opportunities to ensure those who wish to exit gangs can do so in a safe, legitimate and durable way. Findings could assist in the design of early preventative measures for those identified as being at risk of joining a gang. Offering training to professionals in the community on how to identify and communicate with those vulnerable to joining a gang may support this process.
Originality/value
Findings add to the limited yet growing evidence base in understanding the psychology of gang membership and helping to support the work undertaken with this cohort.
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Luiz Dal Santo and Máximo Sozzo
This introduction sets the scene for the book. It touches upon the recent growth of a literature on punishment in global peripheries within the wider punishment and society…
Abstract
This introduction sets the scene for the book. It touches upon the recent growth of a literature on punishment in global peripheries within the wider punishment and society scholarship. It then briefly develops on two topics that constitute key elements of the whole book: knowledge production and exchange and peripheral punishment. In highlighting some common aspects, trends, and features of punishment in Latin America, it prepares the ground for the specific chapter contributions that are based on local experiences of different Latin American countries. In so doing, we also acknowledge the works of scholars who have initially advanced a movement for the understanding of punishment and the criminal question our marginalised Latin American realities.
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Katia Lobre-Lebraty and Marco Heimann
We explore how sustainable management education (SME) can help prepare future leaders to manage crises effectively. Precisely, the intricacies of articulating moral and economic…
Abstract
Purpose
We explore how sustainable management education (SME) can help prepare future leaders to manage crises effectively. Precisely, the intricacies of articulating moral and economic imperatives for businesses in a manner that engages students in sustainable behavior are a serious challenge for SME. We study how to integrate reminders of moral and economic imperatives in a socially responsible investment (SRI) stock-picking simulation created for SME.
Design/methodology/approach
Adopting an experimental design, we analyzed how the reminders affected the average environment social governance (ESG) integration in the portfolios of 127 graduate students in finance over a twelve-week period.
Findings
Our results show how essential it is to balance the two imperatives. The highest level of sustainable investment is attained when utilizing both reminders.
Practical implications
Our findings have practical implications for implementing and organizing SME in business schools to educate responsible leaders who are able to effectively manage crises. Learning responsible management is most effective when students are exposed to the inherent tension between moral and economic imperatives. Hence, our findings corroborate the win-win conception of SME.
Originality/value
No management decision study has experimentally measured the effects of SME practices on students' actual behavior. Our research fills this gap by complementing previous studies on the effectiveness of teaching practices, first by drawing on behavioral sciences and measuring changes in students' actual sustainability behavior and second by introducing moral and economic imperatives into an innovative teaching resource (TR) dedicated to SME.
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