Considering the inherent relationship between environmental degradation and the process of economic development, the latter is particularly reliant on the accumulation of human…
Abstract
Purpose
Considering the inherent relationship between environmental degradation and the process of economic development, the latter is particularly reliant on the accumulation of human capital, which also emerges as one of the fundamental principles underlying green growth. However, this relationship tends to overlook varying levels of human capital. Hence, the purpose of this study is to examine the enduring associations between the stock of high human capital and green economies in terms of environmental sustainability among the key countries in the Asia Pacific region, namely Australia, Japan, Singapore, and South Korea, spanning the period from 1990 to 2022.
Design/methodology/approach
This paper employs second-generation techniques. The long-term relationships were estimated using two constantly updated models - fully modified and bias corrected, CUP-FM and CUP-BC, respectively, to guarantee the robustness of our conclusions for the presence of cross-sectional dependency.
Findings
There is a long-term relationship between the stock of high human capital and the sustainability of the environment, in the same way that we have also found the same relationship between the development of socioeconomic practices of green economies. Finally, we conclude that, in the same way as the environmental Kuznets curve, the countries in our sample incur less environmental pollution as their level of income increases. This relationship may be motivated by a process of technological substitution and investment in the development of new techniques and technology to improve the efficiency of productivity with respect to the environment.
Practical implications
We suggest that investing in education and promoting green economies can be powerful tools in the fight against climate change and promoting environmental sustainability. By prioritizing investments in renewable energy and sustainable technologies, policymakers can promote long-term economic and environmental health. Moreover, the findings suggest that promoting education in countries with high levels of environmental pollution can develop the knowledge and skills needed to implement sustainable practices and technologies. Ultimately, these efforts can contribute to improving income, productivity, and society's living conditions while reducing the environmental impact.
Originality/value
This research studies for the first time the load capacity curve hypothesis in determining the effects of the stock of high human capital and green economies on the environment. Consequently, limited papers have used the load capacity factor in the study of the relationships that we propose, especially that of human capital, which has scarcely been studied in relation to its contribution to the environmental fight.
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Nicolas Aubert, Miguel Cordova and Gonzalo Hernandez
This study aims to investigate how a French multinational enterprise (MNE) is developing employee stock ownership (ESO) in its subsidiaries in Peru and Mexico, both Latin American…
Abstract
Purpose
This study aims to investigate how a French multinational enterprise (MNE) is developing employee stock ownership (ESO) in its subsidiaries in Peru and Mexico, both Latin American countries with deep social and economic inequalities.
Design/methodology/approach
This is a qualitative case study which conducted interviews with representatives of the French MNE and its subsidiaries in Peru and Mexico.
Findings
The employee stock purchase plans offered by the company to its employees support the achievement of the sustainable development goals (SDGs) 1, 8 and 10 in these countries.
Social implications
The authors argue that MNEs could become flagships in the SDG achievement in emerging economies.
Originality/value
By contributing to better workplace outcomes and enhanced corporate performance, ESO is in line with SDG 8. ESO also fulfills SDGs 1 and 10 by allowing employees to build up savings and wealth, whose lack is the main source of inequality and poverty. Reciprocity and binary economics theories explain these relationships.
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Rosse Marie Esparza-Huamanchumo, Alessandra Valentina Quiroz-Celis and Andrés Alejandro Camacho-Sanz
eWOM is a very useful tool that is widely used nowadays to make a purchase decision. One of the sectors where this tool is very present is the gastronomic sector and Peru is no…
Abstract
Purpose
eWOM is a very useful tool that is widely used nowadays to make a purchase decision. One of the sectors where this tool is very present is the gastronomic sector and Peru is no stranger to this gastronomic take-off. As a part of this take-off, Nikkei or Peruvian-Japanese cuisine have gained plenty of attention through digital social platforms, with a significant number of users relying on eWOM to determine which is their best purchase option; nevertheless, there is a lack of local investigations that addresses a correlation between eWOM and purchase intention in this type of restaurants. With the last statement, this study aims to determine the influence of eWOM on the purchase intention of consumers of Nikkei restaurants in Lima, Peru.
Design/methodology/approach
A quantitative descriptive and causal explanatory research was conducted, using the Information Acceptance Model (IACM) to test the purpose of the study. A total of 385 surveys were obtained and processed in SmartPLS.
Findings
The results show that consumers of Nikkei restaurants in Metropolitan Lima are mostly guided by the eWOM that is on social media to make a purchase decision. In addition, information usefulness is the eWOM dimension that most influences purchase intention. Finally, it was found that the credibility of the eWOM does not influence the information usefulness, which could be due to the distrust of the sources and the anonymity of the eWOM.
Research limitations/implications
The present investigation identified that certain dimensions of the IACM does not influence their hypothesized counterparts, such as credibility and attitude towards information over information usefulness; circumstances that may conduct to other local studies based on the IACM applied to other type of restaurants to observe if there is some type of variation in the results obtained of both hypotheses.
Practical implications
From a practical point of view, the results obtained are valuable for social media marketers and generally digital marketing professionals, which by themselves provide a framework that assures a better understanding about the impact of eWOM in the purchase intention of Nikkei Restaurant consumers.
Social implications
As the potential for this research to impact society in visible ways, it identifies how current individuals in a certain time and location, tend to act towards information obtained in social media or specialised forums; as well as how the characteristics of this information could affect their final purchase decision.
Originality/value
To the best of the authors’ knowledge, this is one of the first articles to study the influence of eWOM on purchase intention in the gastronomic sector in Peru, a country famous for its gastronomy. In this way, experts and professionals in this field will be able to generate knowledge of this tool, as well as generate strategies to improve sales of Nikkei restaurants and in general within the gastronomy industry in Peru.
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Christoph Dörrenbächer, Mike Geppert and Ödül Bozkurt
The purpose of this study is to address the relationship between multinational corporations (MNCs) and grand challenges. Stressing the moderating impact of stakeholders and…
Abstract
Purpose
The purpose of this study is to address the relationship between multinational corporations (MNCs) and grand challenges. Stressing the moderating impact of stakeholders and governments, it frames and introduces the six contributions of the special issue, equally divided into those illustrating how MNCs contribute to the existence of grand challenges and those exploring how MNCs contribute to addressing grand challenges.
Design/methodology/approach
Based on a review of the existing literature on the relationship between MNCs and grand challenges and recent developments in mainstream international business, the viewpoint emphasizes the need to move beyond a one-sided focus on the positive contributions of MNCs to grand challenges.
Findings
The special issue contributions reveal that even established MNCs are actively engaged in strategic efforts to perpetuate unsustainable practices and minimize the impact of societal rules and stakeholders. The contributions also highlight the complications when MNCs aim to tackle grand challenges.
Practical implications
Displaying positive practices of how MNCs contribute to the solution of grand challenges should not be considered a functional substitute for regulatory action, contrary to the frequent assertion of MNCs and their political representatives.
Originality/value
This special issue is the first one in IB to address the relationship between MNCs and grand challenges from an empirical vantage point.
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Javier Jasso, Maria del Carmen Del Valle and Ismael Núñez
The purpose of this paper is to review the contributions of what has been established as Latin American thought, as science, technology, and innovation (STI) in Latin America have…
Abstract
Purpose
The purpose of this paper is to review the contributions of what has been established as Latin American thought, as science, technology, and innovation (STI) in Latin America have been strongly related to development.
Design/methodology/approach
The analysis method is based on the review of a group of Latin American and Latinoamericanista (Latin Americanist) authors who were selected on the basis of their contributions to the explanation and proposals of public policy related to STI. The following are some of the questions that guide the analysis. How much has STI in Latin American thought contributed to the development theory? Given the fact that there are other dominant mainstreams, can we say that Latin American thought is still relevant?
Findings
The main conclusion of this work is that Latin American thought is still applied to current Latin American development discussions. This can be proven by the creation of particular concepts and analytical frameworks such as structural heterogeneity, development styles, authentic and spurious competitiveness, Sabato’s Triangle, the centre-periphery model, and STI policy practices.
Originality/value
This paper gathered contributions and categorised them into three dimensions: state participation (intensity, composition), industrialisation as the impulse for development, and instruments and public policy actions that can be implemented or have already been implemented.
Propósito
El propósito de este trabajo es el de reflexionar sobre algunas aportaciones provenientes de lo que hemos denominado pensamiento latinoamericano en relación con la innovación, la ciencia, la tecnología y su relación con el desarrollo.
Diseño/metodología/enfoque
El método de análisis se basa en la revisión de un conjunto de autores latinoamericanos y latinoamericanistas que hemos seleccionado con base en sus aportaciones para la explicación y sus propuestas de política pública en relación con la CTI. Algunas preguntas que guían nuestro análisis son las siguientes: ¿en qué medida el pensamiento latinoamericano en CTI ha contribuido a la teoría del desarrollo? y ¿dada la existencia de otros enfoques que predominan como pensamiento único, podemos hablar de una vigencia del pensamiento latinoamericano?
Conclusiones
La principal conclusión de nuestro trabajo es que hay un pensamiento latinoamericano vigente que ha sido y aún es un referente actual para la discusión del desarrollo en la región latinoamericana, como lo muestran la creación de conceptos y esquemas analíticos como los de heterogeneidad estructural, estilos de desarrollo, la competitividad auténtica y espuria, el Triángulo de Sábato, centro-periferia, así como estrategias de política en CTI.
Originalidad/valor
Como parte del marco analítico hemos agrupado al conjunto de aportaciones en tres direcciones: a) la participación del Estado (intensidad, composición); b) la industrialización como impulso al desarrollo y c) los instrumentos y medidas de política pública a implementar o que han sido implementados.
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Jose-Gonzalo Gonzalez-Rodriguez, Andres Carmona Hernandez, E. Vázquez-Vélez, A. Contreras-Cuevas and Jorge Uruchurtu Chavarin
This paper aims to use an imidazole-based n-ionic Gemini surfactant derived from palm oil to inhibit the sulfide stress corrosion cracking of a supermartensitic stainless steel.
Abstract
Purpose
This paper aims to use an imidazole-based n-ionic Gemini surfactant derived from palm oil to inhibit the sulfide stress corrosion cracking of a supermartensitic stainless steel.
Design/methodology/approach
The slow strain rate testing technique, hydrogen permeation tests and potentiodynamic polarization curves have been used.
Findings
Addition of the inhibitor below the critical micelle concentration (CMC) decreased the corrosion current density (icorr), but not enough to avoid embrittlement due to the entry of hydrogen into the steel. Instead, the addition of the inhibitor close to the CMC decreased the icorr, suppressed the entry of hydrogen and inhibited the sulfide stress cracking of steel. Finally, the addition of inhibitor above the CMC led to a slight increase of icorr and promoted localized corrosion, however, the sulfide stress cracking of steel was inhibited.
Originality/value
A green sulfide stress corrosion cracking inhibitor of a supermartensitic stainless steel has been obtained.
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Gonzalo Romero-Martín, María Ángeles Caraballo-Pou and Carmen Merchán-Hernández
Who leads and the purpose of public leadership matter. The aim of this viewpoint essay is to examine the fundamentals of public policy design and implementation as well as…
Abstract
Purpose
Who leads and the purpose of public leadership matter. The aim of this viewpoint essay is to examine the fundamentals of public policy design and implementation as well as contemporary public leadership from a new approach inspired by the 2030 Agenda. This work provides a more humanistic and fruitful approach to public leadership, which is crucial in the current context of social division, turbulent politics and weak and infertile leadership.
Design/methodology/approach
This viewpoint essay is based on academic literature as well as on institutional reports to explore the 2030 Agenda's potential when it comes to outlining a new style of public leadership.
Findings
The 2030 potential has always been analyzed from the different synergies that can be established from the 17 Sustainable Development Goals (SDGs). Nevertheless, this essay proposes to separate from the mainstream discourse by outlining six core properties of the 2030 Agenda as key elements that implicate a new roadmap in the design and evaluation of public policies and contribute in a disruptive way to conceive public leadership.
Originality/value
This essay offers an innovative leadership framework that integrates key elements from the 2030 Agenda perspective with theoretical and practical notions of policy-making and public leadership to overcome the main challenges of the present and future days.
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This chapter deals with the development of banking in the Crown of Aragon from the end of the thirteenth century through the establishment of money changers, which followed…
Abstract
This chapter deals with the development of banking in the Crown of Aragon from the end of the thirteenth century through the establishment of money changers, which followed similar patterns as in other Western European territories. It starts with a review of existing literature and follows with an explanation on the different banking services provided by money changers and the specific legal framework that supported such activities. It then examines the geographical distribution of private banks in cities and towns within the domains of the kings of Aragon, as well as their evolution throughout the fourteenth century. After that, it offers an analysis of the most common professional profiles among these bankers and financers. Finally, drawing on a heterogeneous pool of unpublished data, it seeks to shed light on the diversity of investors and clients of these establishments, a crucial proof of their role in integrated financial markets.
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Academics recently identified a lack of research regarding who should guide interactions in virtual social networks when risks appear. Data shows that organizers are usually less…
Abstract
Purpose
Academics recently identified a lack of research regarding who should guide interactions in virtual social networks when risks appear. Data shows that organizers are usually less active than other users in this context, which can lead to negative reactions among attendees. This research examines if and how virtual social network communication guided by an official source (vs a nonofficial source vs control group) reduces perceived crime risks and trust before the event, leading to lower ambivalence and higher intention to attend. The study was conducted in Colombia, a country where many individuals face this type of risk.
Design/methodology/approach
First-year university students (N = 210) from Colombia were invited to a “Welcome Cocktail”. Two weeks before the cocktail, they were divided into three groups (70 per condition) to receive information. In Group 1, participants were invited to be part of a WhatsApp group administered by one of the organizers. In Group 2, they participated in a WhatsApp group administered by a student. Group 3 was the control (i.e. no virtual communication established before the event). One week after the meeting, they were gathered again and answered a questionnaire, which measured perceived crime risk, trust, ambivalence and intention to attend.
Findings
Participants in the WhatsApp group administered by an official source perceived lower risk and higher trust in the organizers, which led to lower ambivalence towards the event and higher intention to attend it. The relationship between ambivalence and intention to attend is moderated by the nationality of the participants (locals vs foreigners), such as, at equal levels of ambivalence, foreigners show lower intention to attend the event.
Originality/value
This is the first study that compares different approaches on a virtual social network to reduce perceived crime risk in event management. The results present new findings on how the presence of an official source can mitigate this risk, and which potential attendees (i.e. locals vs foreigners) are especially benefited from it. The findings are particularly useful for managers in regions where attendees face crime risks every day, and might feel low trust towards public and private institutions, such as in Colombia.
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Antonia Madrid-Guijarro, Gonzalo Maldonado-Guzmán and Rubén Rodríguez-González
This research investigates the impact of Industry 4.0 technologies (I4.0) on the resilience of manufacturing firms against the COVID-19 pandemic. The study explores the mediating…
Abstract
Purpose
This research investigates the impact of Industry 4.0 technologies (I4.0) on the resilience of manufacturing firms against the COVID-19 pandemic. The study explores the mediating effects linked to the firm’s supply chain resilience and absorptive capacity in this relationship.
Design/methodology/approach
The empirical analysis involves 304 manufacturing firms and uses Partial Least Squares Structural Equation Modeling (PLS-SEM). A two-step hierarchical component model has been employed, considering the statistical analysis validation (reliability and validity) of the LOC and HOC models. The choice of the manufacturing industry is justified due to its degree of automation in emerging economies, such as Mexico, and its significant impact on job creation and the national gross domestic product.
Findings
The results confirm the positive impact of I4.0 technologies on companies’ resilience to COVID-19. They also support the indirect effects of the firm’s supply chain resilience and absorptive capacity. Absorptive capacity was found to have a higher significant indirect effect than supply chain resilience. Consequently, the study accentuates the significance of leveraging external knowledge and highlights the role of acquisition, assimilation, transformation, and exploitation capabilities in enhancing absorptive capacity.
Research limitations/implications
The implications of this research extend to both manufacturing companies and public administrations, suggesting the need for I4.0 technologies implementation and supportive policies aimed at fostering absorptive capacity.
Originality/value
This research contributes to the literature by filling gaps in empirical studies in the context of developing economies. It provides valuable insights into the effects of I4.0 on absorptive capacity, supply chain resilience, and COVID-19 resilience, particularly in non-essential supply chains. It enriches the understanding of how I4.0 impacts the absorptive capacity and resilience of the supply chain during the COVID-19 crisis.