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1 – 7 of 7David Brueninghaus, Ivan Arribas, Fernando García and Christoph Burmann
This paper aims to study the impact of consumers’ corporate social responsibility (CSR) associations on corporate financial performance and the moderating role of market…
Abstract
Purpose
This paper aims to study the impact of consumers’ corporate social responsibility (CSR) associations on corporate financial performance and the moderating role of market competition.
Design/methodology/approach
The panel data set is analyzed using a random effects regression model. The analyzed data is based on the unique RepZ Responsibility scores published by the global research agency Kantar Millward Brown and contains information about consumer CSR associations.
Findings
This study reveals CSR associations' positive, lagged, direct impact on firms’ market value. Market competition moderates this relationship in the way that a company’s market value benefits more from consumers' CSR associations when facing high rather than low market competition.
Practical implications
Consumers' CSR perceptions increase the market value of a company. This effect is intensified when brands are exposed to intense competition, which allows conclusions about CSR as a differentiation strategy to be drawn: To stand out in a competitive market, brands should prioritize improving their CSR associations among consumers to differentiate themselves and increase their market value.
Originality/value
To the best of the authors’ knowledge, this study is the first to test the effect of consumers’ CSR associations on forward-looking financial performance measures. Moreover, by analyzing the moderating effect of market competition on the relationship between CSR associations and firms' market value, this study provides information about the differentiating power of CSR from a brand perspective using a panel-data analysis.
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Mariel Fornoni, Iván Arribas and José E. Vila
The aim of this paper is to analyze the impact of an entrepreneur's social capital on their access to information, and how such access improves the performance of their…
Abstract
Purpose
The aim of this paper is to analyze the impact of an entrepreneur's social capital on their access to information, and how such access improves the performance of their entrepreneurial project.
Design/methodology/approach
A structural equations model (SEM) is estimated and validated from a database including information from 282 Argentinean entrepreneurs who answered a questionnaire specifically designed for this research. The analysis of this model allowed the impact of dependent latent variables on the performance of the start‐up to be determined.
Findings
The performance of an entrepreneurial project depends on an entrepreneur's access to finance, markets and information. Specific dimensions of social capital facilitate access to these resources: the relational dimension facilitates access to information; the resources dimension makes access to finance easier; the structural dimension helps the entrepreneur to access markets.
Research limitations/implications
The sample is not large enough to analyze differences among specific types of entrepreneurial projects: for instance, the role of social capital in industrial and service entrepreneurship (activity sector), the differences between the federal capital, Buenos Aires, and the rest of the country (location), and between female and male entrepreneurs (gender).
Originality/value
The results help in understanding which dimensions of an entrepreneur's social capital facilitate access to information and how these specific dimensions enhance the performance of the project. Hence, this paper has managerial and policy implications for the generation of dynamic entrepreneurial projects capable of becoming development drivers.
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Iván Arribas, Penélope Hernández and Jose E. Vila
This paper aims to analyze the role played by two dimensions of entrepreneurs' private social capital in the survival, growth and innovativeness of entrepreneurial service…
Abstract
Purpose
This paper aims to analyze the role played by two dimensions of entrepreneurs' private social capital in the survival, growth and innovativeness of entrepreneurial service ventures: local size and preferential attachment degree.
Design/methodology/approach
Data were collected by a questionnaire, the unit of investigation being the private entrepreneur in the service sector in the city of Shanghai. The questionnaire allows the authors to identify the social network of the entrepreneurs, estimate the empirical degree distribution for the entire sample, and estimate local size and preferential attachment degree.
Findings
There is empirical evidence that entrepreneurs do not create social networks with preferential attachment structure and a large local size of the network increases the chances of survival of new ventures; however, the chance to become a dynamic venture is only related to entrepreneurs' preferential attachment degree.
Social implications
Any entrepreneurial strategy should include an investment plan to generate a minimum level of social capital or guanxi. Additionally, efficient strategy to generate social capital for dynamic entrepreneurship should focus on the creation of quality social capital. The underestimation of the role of social capital seems to have a deeper impact when analyzing the phenomenon of entrepreneurial innovation.
Originality/value
This conclusion suggests that the role of social capital in the entrepreneurial process could be underestimated systematically, since most of the literature only considers local measures of social capital. This underestimation seems to have a deeper impact when analyzing the phenomenon of entrepreneurial innovation.
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Iván Arribas, Penélope Hernández, Amparo Urbano and Jose E. Vila
The aim of this paper is to analyze the compatibility between entrepreneurial and social attitudes. Specifically, it seeks to analyze whether subjects with a more developed…
Abstract
Purpose
The aim of this paper is to analyze the compatibility between entrepreneurial and social attitudes. Specifically, it seeks to analyze whether subjects with a more developed economic entrepreneurial attitude exhibit a less social attitude.
Design/methodology/approach
The methodology integrates an economic experimental approach with a standard entrepreneurial intention questionnaire to analyze the interaction between entrepreneurial and social self‐perceptions and behavior.
Findings
There is empirical evidence that experimental entrepreneurial behavior (characterized by detecting an opportunity and accepting risk to take an economic advantage from it in laboratory experiments) reduces the incentive for social behavior. However, this effect does not appear if just self‐perceptions instead of experimental behaviors are considered.
Research limitations/implications
The social attitude of entrepreneurs may be overestimated in those empirical research studies based only on data obtained from entrepreneurs' answers to hypothetical questions in a survey.
Originality/value
To the best of the authors' knowledge, this is the first paper presenting a laboratory experiment to represent the key features of entrepreneurial behavior instead of a case‐control analysis to set differences in the experimental behavior of sub‐samples of subjects defined in terms of their entrepreneurial motivation or experience.
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Chile's new education reform.
Details
DOI: 10.1108/OXAN-DB242791
ISSN: 2633-304X
Keywords
Geographic
Topical
María Angela Prialé, Angela Vera Ruiz, Agustin Espinosa, Joanna Noelia Kamiche Zegarra, Gustavo Adolfo Yepes López, Adrián Marcelo Darmohraj and Carlos Ivan Flores Venturi
This study aims to present the development and validation of a scale to measure the attitudes of Latin American business students toward sustainable management practices in the…
Abstract
Purpose
This study aims to present the development and validation of a scale to measure the attitudes of Latin American business students toward sustainable management practices in the economic, social and environmental dimensions.
Design/methodology/approach
Using a nonprobabilistic sample, the appreciation for sustainable practices in students (ASP-S) scale was administered to a total of 653 undergraduate and graduate business students in Argentina, Colombia, Mexico and Peru. A range of psychometric validity (construct, convergent and discriminant) and reliability criteria were applied.
Findings
Construct, convergent and discriminant validity was obtained from the ASP-S scale across all samples. During the internal validation process, two factors were found: systemic consciousness (ten items) and sustainable business leadership (nine items), both of which obtained acceptable reliability indices. The resulting structure is equivalent in all four countries.
Originality/value
The instrument can be applied by educators and learning assurance areas to diagnose and measure the effectiveness of pedagogical strategies used in sustainability courses taught at Latin American business schools. As a result, it has applications for curriculum design. As a valid and reliable instrument set in the context of regional business praxis, it can promote an understanding of sustainable behaviors and practices in future Latin American leaders.
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I. Ketut Rahyuda, Agoes Ganesha Rahyuda, Henny Rahyuda and Made Reina Candradewi
This study aimed to determine the relationship between the concept of competitive advantage and the value of Catur Paramitha on small and medium enterprises (SMEs) in Sarbagita.
Abstract
Purpose
This study aimed to determine the relationship between the concept of competitive advantage and the value of Catur Paramitha on small and medium enterprises (SMEs) in Sarbagita.
Design/methodology/approach
The design of this research used a qualitative approach based on the grounded theory with explorative and phenomenological approaches.
Findings
The relationship of the concept of competitive advantage orientation and the value of Catur Paramitha on SMEs in Sarbagita forms the characters SMEs’ business actors, namely, first, fair competition without hurting or harming others can be avoided. Second, the emergence of business cooperation with various business characters can form a wise entrepreneurial spirit. Third, making the entrepreneur more professional in managing the business. Fourth, forming a happy attitude to help others, making cooperation.
Research limitations/implications
The integration of applied values of local wisdom on the concept of competitive advantage orientation in building business in SME sector in Bali as a guideline for managers and lead the business.
Originality/value
The originality of this research was conceptually, building the concept of competitive advantage with local wisdom in developed countries has done by many. However, the local wisdom in developed countries is very different from the local wisdom in Indonesia, especially in Bali. Not all the main characteristics of the basic concept of cultural values in developed countries are applicable and in accordance with local conditions and cultures in the context of country. In addition, the concept of competitive advantage in developed countries is often assumed to operate in a stable and predictable business environment.
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