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Article
Publication date: 22 February 2018

Jorge Moreno-Gómez and Jonathan Calleja-Blanco

The purpose of this paper is to analyze, in the Colombian developing context, the relationship between the presence of women in corporate positions and the financial performance…

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Abstract

Purpose

The purpose of this paper is to analyze, in the Colombian developing context, the relationship between the presence of women in corporate positions and the financial performance of the company and to know if there are differences between family and non-family firms.

Design/methodology/approach

Building on the contingency theory of leadership, which emphasizes that leader’s personality and the situation in which that leader operates influences corporate decision-making, the authors use panel data models on a sample of 54 Colombian public businesses for the period 2008-2015 to test the proposed hypotheses on the relationship between women´s presence in corporate governance positions and financial performance, as well as the difference between family and non-family firms.

Findings

The results support that women´s presence in corporate governance positions is positively associated with firm performance. More concretely, the authors find a relationship between women at the top corporate governance structure (as part of the board of directors, top management team and chief executive officer) and firm profitability. Results also indicate that family business, as a type of organization, (negatively) moderates the positive relationship between female participation in top executive positions (board and top executive team) and firm performance.

Research limitations/implications

First, this study is limited to women in corporate positions in large companies listed on the Colombia Stock Exchange, and thus, generalizability for smaller entities may be limited. Second, data limitations do not allow us to investigate ways in which women’s presence in corporate governance structures contributes to improve firm goals.

Practical implications

The authors provide support to the hypothesis that positively relates women’s presence in corporate governance positions and firm performance for the case of Colombia. This serves as a guidance to Colombian regulators, corporate decision-makers and policy-makers to promote the inclusion of women in top hierarchical structures through either mandatory laws or recommendation.

Originality/value

Few studies have addressed the women´s presence in corporate governance positions and contribution to firm performance in developing economies. This study contributes to better understand how women impact performance in contexts where women are underrepresented in corporate governance structure and where there are no laws that pressure firms to appoint women in corporate governance positions.

Details

International Journal of Gender and Entrepreneurship, vol. 10 no. 1
Type: Research Article
ISSN: 1756-6266

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Article
Publication date: 4 February 2021

James Calleja and Patrick Camilleri

The research reported in this paper brings forth the experiences of three teachers working in different schools. These teachers learned about lesson study through a course offered…

950

Abstract

Purpose

The research reported in this paper brings forth the experiences of three teachers working in different schools. These teachers learned about lesson study through a course offered at the University of Malta while, at the same time, leading a lesson study with colleagues at their school. With the COVID-19 outbreak, these teachers had, out of necessity, to adopt and accommodate for their lesson study to an exclusive online approach. This paper, hence, focuses on teachers' learning as they shifted their lesson study online.

Design/methodology/approach

This paper presents a case study that delves into the experiences and perceptual insights that these teachers manifested in shifting to an exclusive online lesson study situation. Data collection is derived from a focus group discussion, teacher reflective entries and detailed reports documenting the lesson study process and experiences. Employing technological frames as the theoretical lens, a description-analysis-interpretation approach was employed to analyse and interpret reflections and grounded experiential perceptions that the respondents disclosed during their lesson study journey.

Findings

Notwithstanding their initial discerned sense of loss and unpreparedness of being constrained to migrate lesson study to exclusive online means, teachers eventually recognised that digitally mediated collaborative practices enhanced self-reflection about the lesson study process. Therefore, the extraordinary situation that the teachers in this study experienced not only disrupted their modus operandi but also allowed them to discern new opportunities for learning about digital technology use in lesson study.

Practical implications

Disruption, brought about by unforeseen circumstances, takes teachers and professional development facilitators out of their comfort zones, invariably helping them grow out of their limitations and rethink lesson study practices.

Originality/value

Intentionally driven disruptions prompt teachers to resolve their dissatisfactory situations by thinking out of the box, eventually helping them to improve their professional practices.

Details

International Journal for Lesson & Learning Studies, vol. 10 no. 2
Type: Research Article
ISSN: 2046-8253

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Article
Publication date: 2 January 2020

Jorge Moreno-Gómez, Jonathan Calleja-Blanco and Gloria Moreno-Gómez

The purpose of this paper is to examine the efficiency of the Colombian higher education system, differentiating between public and private universities.

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Abstract

Purpose

The purpose of this paper is to examine the efficiency of the Colombian higher education system, differentiating between public and private universities.

Design/methodology/approach

A data envelopment analysis (DEA) model is applied to separately and jointly evaluate the teaching and research efficiencies of universities. The empirical application considers a sample of 78 Colombian universities across the period 2015–2017. A two-stage DEA is performed in which DEA scores are first evaluated and then regressed on potential covariates via truncated regression.

Findings

Public universities outperform their private counterparts in terms of teaching and research efficiency, whereas private universities have higher global efficiency. Furthermore, the proportion of PhD faculty positively impacts all dimensions of efficiency and in fact is the only variable improving research efficiency.

Research limitations/implications

First, the data do not permit a direct analysis of the impact of improvements in resources or capabilities on knowledge transfer. Second, policies and their efficiency may be influenced by differences in cultural contexts, regulatory frameworks and knowledge transfer activities. Finally, the country specificity of this research study calls for obvious caution when generalizing and interpreting its findings.

Practical implications

The analysis of this data set will help decision and policy makers identify resources that are used efficiently by universities and interventions for improving resource management by inefficient universities.

Originality/value

Few studies have addressed the efficiency of higher education in developing economies. This paper contributes to the literature by applying a two-stage methodological approach to estimate the efficiency of Colombian universities and provide a better understanding of the factors driving university efficiency.

Details

International Journal of Educational Management, vol. 34 no. 4
Type: Research Article
ISSN: 0951-354X

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Article
Publication date: 11 August 2020

James Calleja and Laura Formosa

The paper focuses on lesson study, which generally engages the collaborative work of a group of teachers, as implemented with a primary school art teacher who had limited…

414

Abstract

Purpose

The paper focuses on lesson study, which generally engages the collaborative work of a group of teachers, as implemented with a primary school art teacher who had limited opportunities for collaboration. Through lesson study, the teacher worked closely with a lesson study facilitator and an art education expert to plan a research lesson. The study explores how this collaboration generated cognitive conflicts and eventually teacher change.

Design/methodology/approach

This paper presents a case study using a thematic approach to data analysis. The lesson study involved weekly face-to-face meetings and daily online communications over a period of eight weeks. In an attempt to reflect upon and resolve conflicts, the teacher kept a journal in which the teacher wrote down lengthy accounts of the discussions with knowledgeable others, the teacher’s struggles and ways of resolving these. Data were complemented by the different lesson plan versions, the post-lesson discussions and a detailed report documenting the lesson study process.

Findings

The paper provides insights into the role that cognitive conflicts play for teacher change. Through ongoing communication, reflection and support to resolve conflicts, the teacher recognised more collaborative opportunities for professional development, freed from rigid lesson planning practices and reported a new conceptualisation to teaching.

Practical implications

Drawing on the literature about effective teacher professional learning, the paper offers implications for supporting teacher change.

Originality/value

This paper provides insights into how lesson study may provide conditions that enable teachers' cognitive conflict and facilitate their consequent resolution.

Details

International Journal for Lesson & Learning Studies, vol. 9 no. 4
Type: Research Article
ISSN: 2046-8253

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Book part
Publication date: 19 July 2024

Jasenka Kranjčević and Dina Stober

For the last three decades, due to socio-economic and political processes such as Europeanisation and globalisation, Croatia has faced a population decline, leading to an…

Abstract

For the last three decades, due to socio-economic and political processes such as Europeanisation and globalisation, Croatia has faced a population decline, leading to an increased number of abandoned settlements. During the COVID-19 crisis, rural areas in Croatia became areas of interest and rural tourism increased. However, the increased interest did not result in the revival of abandoned settlements but rather just in the construction of new facilities. According to statistical data, the majority of abandoned settlements are in regions with the highest tourist traffic or along the traffic corridor from continental Croatia to the Adriatic Sea. The superponing of statistical demographic data, tourism data, the spatial distribution of abandoned rural settlements, sectoral development plans, regional spatial characteristics, and types of construction related to tourism resulted in a proposal of a conceptual model for the reconstruction and inclusion of abandoned rural architecture and infrastructure settlements in the development of rural tourism.

Concerning the growth of certain tourist regions in Croatia, to achieve sustainability and resilience in managing territory, abandoned rural locations and infrastructure should be included in sectoral regional development plans in order to strengthen rural identity by preserving architectural heritage, landscape attractions, symbols, and all other identity contributors.

Details

Tourism in a VUCA World: Managing the Future of Tourism
Type: Book
ISBN: 978-1-83753-675-7

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Article
Publication date: 22 December 2023

Zakeya Sanad and Hidaya Al Lawati

In recent years, the field of financial technology (Fintech) has garnered significant attention due to advancements in technology, evolving consumer preferences and the growing…

516

Abstract

Purpose

In recent years, the field of financial technology (Fintech) has garnered significant attention due to advancements in technology, evolving consumer preferences and the growing need for financial services that are more accessible and user-friendly. The exponential expansion of Fintech is presenting novel prospects and obstacles for business. This study aims to investigate the relationship between gender diversity on corporate boards and firms’ performance, with a particular focus on the moderating role of Fintech.

Design/methodology/approach

The study sample consisted of financial sector firms listed on the Bahrain Bourse (banks and insurance firms) during the period 2016–2022. The data were gathered primarily from annual reports and the Bahrain Bourse website. The independent variable represents the percentage of female directors on corporate boards while firms’ accounting and market-based performance were measured using return on assets and Tobin’s Q variables. The moderating variable, Fintech, was measured using a checklist developed using the Global Fintech Adoption Index. Fixed effect (FE) regression was used to analyze the study data. An alternative gender diversity measure was used to test the reliability of the main regression analysis.

Findings

The results of the study indicate a positive relationship between gender diversity on corporate boards and financial performance. Additionally, the findings of the study highlighted the positive impact of Fintech practices on firms’ performance. Nevertheless, the impact of Fintech on the relationship between board gender diversity and corporate performance was found to be insignificant.

Research limitations/implications

The study sample included a particular sector in a single country, which may limit the generalizability of the findings. Also, the current study applied FE regression to analyze the data; however, other econometric approaches could be used to overcome the endogeneity issue.

Practical implications

The findings of this study may have implications for policymakers and society, particularly in terms of promoting gender diversity and Fintech innovation.

Originality/value

This study contributes to the existing body of research by examining the potential impact of the percentage of female directors and the utilization of Fintech on firms’ performance in Bahrain. Given the ongoing endeavors to provide advanced Fintech solutions in the financial sector and the increasing focus on enhancing gender diversity in Bahraini corporate boards, this research aims to provide additional evidence in this domain. Moreover, this study stands out as one of the limited number of research endeavors that use Fintech as a moderating variable in the investigation of the impact of female directors on firms’ performance.

Details

Competitiveness Review: An International Business Journal , vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1059-5422

Keywords

Available. Open Access. Open Access
Article
Publication date: 29 April 2021

Minh-Hoang Nguyen, Huyen Thanh Thanh Nguyen, Tam-Tri Le, Anh-Phuong Luong and Quan-Hoang Vuong

The current review aims to examine the growth trajectory, most influential documents, intellectual and conceptual structure of the literature regarding gender issues in family…

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Abstract

Purpose

The current review aims to examine the growth trajectory, most influential documents, intellectual and conceptual structure of the literature regarding gender issues in family business research.

Design/methodology/approach

The bibliometric analysis was performed using 224 documents from 1991 to 2020 extracted from the Web of Science database.

Findings

The review finds that this field's knowledge grew exponentially during the last three decades, mainly after 2003 and the last several years. Based on the co-citation analysis, three major research lines are identified: “Women's challenges and opportunities in the family business”, “Gender diversity in the family business corporate board”, and “Gender and family SMEs management.” The temporal co-word analysis reveals that “Gender diversity in the family business corporate board” is the latest research line.

Originality/value

By reviewing prominent cited references and documents that cited them, the authors provide the landscapes and research gaps of three major research lines for further development.

Details

Journal of Asian Business and Economic Studies, vol. 29 no. 3
Type: Research Article
ISSN: 2515-964X

Keywords

Available. Open Access. Open Access
Article
Publication date: 13 March 2024

Mpinda Freddy Mvita and Elda Du Toit

This paper aims to explore the effect of female’s presence in corporate governance structures to reduce agency conflicts, using a quantile regression approach.

969

Abstract

Purpose

This paper aims to explore the effect of female’s presence in corporate governance structures to reduce agency conflicts, using a quantile regression approach.

Design/methodology/approach

The research investigates the relationship between company performance and boardroom gender diversity using quantile regression methods. The study uses annual data of 111 companies listed on the Johannesburg Stock Exchange from 2010 to 2020.

Findings

The study reveals that women on the board impact firm return on assets and enterprise value, varying across performance distribution. This contrasts fixed effect findings but aligns with two-stage least squares. However, quantile regression indicates that female executives and independent non-executive directors have notably negative impacts in high and low-performing companies, highlighting non-uniformity in the board gender diversity effect compared with previous assumptions.

Practical implications

The empirical findings suggest that companies with no women directors on the board are generally more likely to experience a decrease in performance and enterprise value relative to companies with women directors on the board. As recommended through the King Code of Corporate Governance, it is thus valuable to companies to ensure gender diversity on the board of directors.

Originality/value

The research confirms through rigorous statistical analyses that corporate governance policies, principles and guidelines should include gender diversity as a requirement for a board of directors.

Details

Corporate Governance: The International Journal of Business in Society, vol. 24 no. 8
Type: Research Article
ISSN: 1472-0701

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Article
Publication date: 29 November 2024

Linda Putri Nadia, Wahyu Febri Ramadhan Sudirman and Anggun Pratiwi

This study extends the literature on women directors and their impact on firm performance, focusing on developing countries and highlighting practices related to the role of…

60

Abstract

Purpose

This study extends the literature on women directors and their impact on firm performance, focusing on developing countries and highlighting practices related to the role of gender diversity and inclusion in corporate governance, especially during a crisis like the COVID-19 pandemic.

Design/methodology/approach

We analyzed unbalanced panel data with five methods: OLS, fixed effect, random effect, two-stage least squares (2SLS) and the two-step system GMM. Using the Osiris database and annual reports from five Association of Southeast Asian Nations (ASEAN) countries covering 2010 to 2021, we analyzed 2,494 director-firm-year observations and 2,823 firm-year data on 305 firms.

Findings

We found a positive link between women on the board and firm performance. More women on the board enhance performance, particularly during crises, with a significant boost when three or more women are present. However, the positive impact weakens as the number of women surpasses this threshold.

Practical implications

This study’s finding can signal that women’s presence can bring better firm performance, although, in emerging economies, the growth of women’s presence on the board needs to be more inclusive. This condition becomes momentum for policymakers and practitioners or organizations to be more aware and count the women’s potential if they sit on the corporate board. These findings give implications and suggestions to the policymaker to make gender quotes at a high level, such as the board of directors under the critical mass theory, which is three women or one-third of the total board.

Originality/value

This research enhances understanding of how board gender diversity affects firm performance. Specifically, it examines the previously overlooked area of how diversity on boards impacts firms in developing countries facing crises.

Details

Equality, Diversity and Inclusion: An International Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2040-7149

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Article
Publication date: 1 March 1978

R. Viesca and A. Mendez

Online systems are presented as new tools in the hands of scientific policy makers. When new research proposals require comparative assessment, these systems provide an objective…

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Abstract

Online systems are presented as new tools in the hands of scientific policy makers. When new research proposals require comparative assessment, these systems provide an objective criterion for evaluating both the previous work of a given group and the timeliness and originality of a proposed project. Three examples are presented: (i) evaluation of a determinate project taking into account geographic, disciplinary and historical areas and the results and applications up to the present, (ii) evaluation of a Spanish research team in Physics and (iii) evaluation of a Spanish periodical connected with food research.

Details

Online Review, vol. 2 no. 3
Type: Research Article
ISSN: 0309-314X

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