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Book part
Publication date: 3 March 2025

Marika Intenza

Over the past 20 years, entrepreneurial ecosystems (EEs) have emerged as a significant research field, inspiring several scholars to provide valuable contributions. The chapter…

Abstract

Over the past 20 years, entrepreneurial ecosystems (EEs) have emerged as a significant research field, inspiring several scholars to provide valuable contributions. The chapter aims to map the current state of literature by highlighting the most prominent research strands and the main theoretical lenses employed in the research field. By carrying out a systematic literature review and bibliometric analysis, the study examines articles published over a period of 27 years. The time frame from 1996 to 2023 offers an extensive outlook of the field’s evolution and current trends, resulting in the identification of five research strands and different future research avenues. From the analysis of prior research works, this study provides an in-depth examination of the complex nature of EEs. The results hold theoretical and practical implications. From the scholars’ point of view, they offer future research directions to move the current level of knowledge forward. From the entrepreneurs’ perspective, they provide valuable insights to address ongoing challenges and catch new opportunities within the dynamic panorama of EEs. Therefore, the insights are poised to drive future research, inform policymakers, and enhance business strategies aimed at fostering resilient EEs. In other words, the purpose is to provide readers with a well-rounded understanding over the state of the literature on EEs and the research strands that deserve further exploration.

Details

Entrepreneurial Ecosystems in Theory and Practice
Type: Book
ISBN: 978-1-83662-613-8

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Article
Publication date: 7 January 2025

Ji Hoon Lee, Ye Dai, Sina Eslamdoust and Min-Sik Lee

This study aims to investigate the influence of supervisor knowledge sharing on the task performance and the overall evaluation of employees in the context of…

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Abstract

Purpose

This study aims to investigate the influence of supervisor knowledge sharing on the task performance and the overall evaluation of employees in the context of supervisor-subordinate relationships, a prevalent yet underexplored mode of knowledge transfer.

Design/methodology/approach

Drawing on the social exchange perspective, we propose a framework integrating supervisors’ self-sacrificial leadership and employees’ supervisor-directed organizational citizenship behavior (OCB-S) as critical drivers of efficient knowledge transfer. By bridging micro- and macro-level organizational behavior, this study addresses a key research gap and provides a holistic understanding of factors that enhance knowledge transfer within organizations. To empirically test the hypotheses proposed in our study, we employed the PROCESS macro Model 7 to validate the moderated mediation model and conducted bootstrapping analyses to confirm the statistical significance of the predicted relationships.

Findings

This study offers insights into the micro-processes underlying interpersonal knowledge transfers within supervisor-subordinate relationships. It highlights the significance of self-sacrificial leadership and OCB-S in facilitating effective knowledge sharing, ultimately influencing the task performance and the overall evaluation of employees.

Originality/value

This study contributes to the existing literature on knowledge management by exploring the understudied area of knowledge sharing within supervisor-subordinate relationships. It provides a framework that integrates leadership and OCB as key factors influencing knowledge transfer efficiency. The findings offer practical implications for organizations seeking to optimize knowledge management practices, leadership development and performance appraisal processes.

Available. Open Access. Open Access
Article
Publication date: 8 July 2024

Simon Mackenzie

This paper reviews the recent collapse of two cryptocurrency enterprises, FTX and Celsius. These two cases of institutional bankruptcy have generated criminal charges and other…

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Abstract

Purpose

This paper reviews the recent collapse of two cryptocurrency enterprises, FTX and Celsius. These two cases of institutional bankruptcy have generated criminal charges and other civil complaints, mainly alleging fraud against the CEOs of the companies. This paper aims to analyse the fraud leading to these bankruptcies, drawing on key concepts from the research literature on economic crime to provide explanations for what happened.

Design/methodology/approach

This paper uses a case study approach to the question of how large financial institutions can go off the rails. Two theoretical perspectives are applied to the cases of the FTX and Celsius collapses. These are the “normalisation of deviance” theory and the “cult of personality”.

Findings

In these two case studies, there is an interaction between the “normalisation of deviance” on the institutional level and the “cult of personality” at the level of individual leadership. The CEOs of the two companies promoted themselves as eccentric but successful examples of the visionary tech finance genius. This fostered the normalisation of deviance within their organisations. Employees, investors and regulators allowed criminal and highly financially risky practices to become normalised as they were caught up in the attractive story of the trailblazing entrepreneur making millions in the new cryptoeconomy.

Originality/value

This paper makes a contribution both to the case study literature on economic crime and to the development of general theory in economic criminology.

Details

Journal of Financial Crime, vol. 32 no. 2
Type: Research Article
ISSN: 1359-0790

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Article
Publication date: 28 February 2025

Li Chen, Philip Shane, Xiaohua (Stephen) Wu and Yuyu Zhang

This study aims to examine whether analyst revisions on peer firms have information transfer effects on focal firms in the same industry, and whether firm-level rivalry and common…

5

Abstract

Purpose

This study aims to examine whether analyst revisions on peer firms have information transfer effects on focal firms in the same industry, and whether firm-level rivalry and common analysts affect such information transfer.

Design/methodology/approach

This study uses a large sample of US data on listed companies and financial analysts from 1996 to 2021. The authors use ordinary least squares and a short-window event study to test the formulated hypotheses.

Findings

The findings show that, on average, focal firm stock returns are positively associated with peer firms’ analyst revisions. However, information transfers from nonrival (rival) peer firms’ analyst revisions are positive (negative). Revisions by common analysts covering both peer and focal firms drive more positive transfers. Furthermore, peer firms’ revisions by common analysts, compared to noncommon analysts, trigger more reactions from focal firm analysts, consistent with investor reactions. Finally, common analyst coverage raises short-term return synchronicity around revisions.

Originality/value

This study adds to the information transfer literature by examining the information released by noncorporate entities (i.e. analyst revisions). It also extends our understanding of the roles of analysts, particularly the peer effect and common analysts, in the capital markets. Findings on analyst-driven return interdependencies among peers may interest investors in portfolio construction.

Details

Meditari Accountancy Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2049-372X

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