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Open Access
Article
Publication date: 31 January 2025

Denis Samwel Ringo and Vicent Kadoke Kibambila

This study examines the influence of succession planning and the incumbentswillingness to step aside on the sustainability of family businesses, a critical but often overlooked

Abstract

Purpose

This study examines the influence of succession planning and the incumbentswillingness to step aside on the sustainability of family businesses, a critical but often overlooked aspect that can determine the long-term viability of these enterprises. The study further explores the moderating effect of the incumbentswillingness to step aside in the relationship between succession planning and sustainability.

Design/methodology/approach

The study employs a cross-sectional survey design. Data were collected through structured questionnaires from 190 successors of family businesses in Tanzania. Confirmatory factor analysis was used to validate the measurement model, and hypotheses were tested using the PROCESS macro.

Findings

The findings indicate that both succession planning and the incumbentswillingness to step aside significantly enhance the sustainability of family businesses by ensuring a smooth and structured leadership transition, which minimizes disruptions and safeguards business continuity. Additionally, the incumbentswillingness to step aside was found to be a significant moderator of the relationship between succession planning and sustainability, meaning that the influence of succession planning on sustainability is much stronger when the incumbents are fully supportive and cooperative during the transition. This implies that without the incumbentsactive participation, even well-designed succession plans may not achieve their full potential.

Originality/value

This study contributes to the limited empirical evidence on the influence of succession planning on the sustainability of family businesses. Additionally, it advances current understanding by identifying the moderating effect of the incumbentswillingness to step aside on the relationship between succession planning and sustainability, an area not previously explored in the literature. The findings have significant implications for both practitioners and researchers, offering new perspectives on managing generational transitions in family businesses.

Details

Journal of Trade Science, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2815-5793

Keywords

Open Access
Article
Publication date: 27 January 2025

Daniel Osorio-Barreto, Jose Mora and Lya Paola Sierra-Suárez

This study aims to investigate the determinants of inflation expectations in Colombia through a vector autoregression model with exogenous variables (VAR-X) and uses quarterly data

Abstract

Purpose

This study aims to investigate the determinants of inflation expectations in Colombia through a vector autoregression model with exogenous variables (VAR-X) and uses quarterly data for survey-based inflation expectations and different supply shocks.

Design/methodology/approach

We propose a VAR-X model. Despite data unavailability, we gathered quarterly data for the period 20052022 for the following variables: oil price, real exchange rate, headline inflation, output gap, policy interest rate and inflation expectations.

Findings

We identified significant responses to inflation expectations in the first quarter. Although we found a positive response of inflation expectations to the interest rate, the robustness tests show that the interest rate negatively affects inflation expectations in the long run. Additionally, we detected a pass-through effect regarding the positive response of inflation expectations to a real exchange rate shock and the inertia of inflation expectations to their own innovations.

Research limitations/implications

We must emphasize that reliable data from households would be preferred to follow the trend in international research and thus make feasible comparisons.

Practical implications

Inflation expectations play an important role in an inflation targeting scheme. Specifically, this scheme allows monitoring of how those approach the proposed target and how they change in the face of changes in total inflation, demand and supply shocks.

Originality/value

The inclusion of exogenous variables contributed to the stability of the model specification by capturing supply shocks not previously considered in the literature.

Details

Journal of Economics, Finance and Administrative Science, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2077-1886

Keywords

Open Access
Article
Publication date: 6 February 2025

Marzenna Cichosz, Maria Aluchna, Ewa Sońta-Drączkowska and A. Michael Knemeyer

Organizational pursuit of sustainability in multi-tier supply chain systems operating in unpredictable environments is often associated with the emergence of paradoxical tensions

Abstract

Purpose

Organizational pursuit of sustainability in multi-tier supply chain systems operating in unpredictable environments is often associated with the emergence of paradoxical tensions. This study aims to summarize and synthesize existing literature on managing various paradoxical tensions in supply chains (i.e. sourcing, making, delivering and reverse logistics) as organizations pursue sustainability transformation. It also strives to motivate new academic research inquiry into developing responses to sustainability paradoxes.

Design/methodology/approach

The study draws on a systematic literature review of 73 papers from the Web of Science database selected at the intersection of paradox, sustainability and logistics/ supply chain management (SCM). Applying paradox theory as a guiding lens, we investigate organizational strategies, practices and capabilities described in the literature to navigate sustainability paradoxes in supply chains.

Findings

The results assert that the success of sustainability transformation will depend on an organizational ability to recognize, accept and navigate paradoxical tensions in one's supply chain. This requires developing the dynamic capabilities of paradoxical leadership, strategic agility, innovativeness, collaboration with contextualization and governance. Successful sustainability transformation is not reliant on finding an optimal, final design but rather the continuous balancing of tensions inherent within or across the organizations that make up one's supply chain.

Practical implications

The research offers an integrative conceptual framework to guide organizations in navigating sustainability paradoxes in supply chains, embracing strategic, practice and capability levels. It also outlines opportunities for future research inquiries connected to this framework that are needed to build additional insight for addressing paradoxical tensions related to the pursuit of sustainable supply chain management.

Originality/value

This study takes a dynamic capabilities approach to navigating paradoxical tensions in pursuit of sustainable supply chain management.

Open Access
Article
Publication date: 7 February 2025

Mona Mohamed Elsayed and Hanan Nazier

Following a task-based framework, this paper investigates the impact of technology on occupational employment in Egypt (19982018) by examining the employment implications of the

Abstract

Purpose

Following a task-based framework, this paper investigates the impact of technology on occupational employment in Egypt (19982018) by examining the employment implications of the Routine-biased Technological Change (RBTC) hypothesis.

Design/methodology/approach

The study estimates quadratic ordinary least squares and kernel-smoothing regressions to explore changes in occupational employment. Decomposition analysis and logistic regression are then applied to assess the role of occupational task content against other occupation-specific factors in accounting for these changes. Additionally, a transition probability matrix is calculated to validate the presumption that routine workers are more likely to switch their occupational task category, predominantly to manual occupations.

Findings

The RBTC hypothesis is partially supported. First, employment evolution is closer to a downgrading pattern than a polarizing one. Second, routine employment experiences an overall decline and is dominated by middle-skilled workers. However, the low routinization exposure makes it not dominant in the middle-skill distribution. Third, task content significantly explains the decline in routine employment relative to abstract rather than manual employment. Finally, routine workers have the highest transition probability, moving mostly to abstract occupations.

Originality/value

This study is the first in Egypt to address the technology-employment nexus by directly applying a task-based framework. It fills the gap in the existing literature by addressing the relationship over a relatively longer period and employing direct measures of task content of detailed occupations, classified based on the most recent occupational classification (ISCO-08).

Details

Review of Economics and Political Science, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2356-9980

Keywords

Open Access
Article
Publication date: 29 January 2025

Mahdi Salehi, Toktam Ghasemi Sarnish and Abedalqader Rababah

The primary objective of this study is to examine the correlation between financial statement comparability and conditional and unconditional conservatism within companies listed

Abstract

Purpose

The primary objective of this study is to examine the correlation between financial statement comparability and conditional and unconditional conservatism within companies listed on the Tehran Stock Exchange (TSE).

Design/methodology/approach

To achieve this, a sample of 193 companies, resulting in 1,546 firm-year observations, were listed on the TSE between 2014 and 2021. The studys research hypotheses are assessed by applying multiple regression models.

Findings

The findings reveal a notable positive association between financial statement comparability and conditional conservatism. Additionally, the research results indicate a significant and negative connection between financial statement comparability and unconditional conservatism.

Practical implications

According to the findings, corporate managers may prioritize financial statement comparability to enhance conditional accounting conservatism, which might be translated as a suitable benchmark for competitors. Equity owners may decrease the agency problems associated with CEOs by emphasizing comparable financial reports, as it improves the quality of financial figures and facilitates stakeholdersevaluation and comparison of various companiesperformances.

Originality/value

A review of the relevant literature underscores the absence of research focusing on the relationship between financial statement comparability and conditional and unconditional conservatism within emerging markets. Consequently, this study aims to address this gap by investigating this relationship in the context of emerging markets and contributing to the existing body of literature in this field.

Details

Asian Journal of Accounting Research, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2459-9700

Keywords

Open Access
Article
Publication date: 14 February 2025

Eduardo Starling do Rego Monteiro, Erick Cardoso da Silva Figueira and Sandra Regina da Rocha-Pinto

This study aimed to understand how administrative employees of an oil company perceive the role of software solutions in their routines.

Abstract

Purpose

This study aimed to understand how administrative employees of an oil company perceive the role of software solutions in their routines.

Design/methodology/approach

Starting from an interpretive perspective, we used the phenomenographic method to analyze software solutions based on usersexperience, by means of 20 interviews carried out between November 2020 and May 2021.

Findings

Interviewees ranked the function of software solutions in their routines in three categories: (1) information repository; (2) orchestration mechanism and (3) guidelines for action. Four explanatory dimensions were identified: (1) artifact performance; (2) configuration between actors; (3) degree of automation and (4) accountability aspects.

Research limitations/implications

The results expand knowledge on the role of software solutions in organizations. As players consider software essential to their routines, human agency in actions tends to decrease. Furthermore, the incorporation of digital elements in routines varies, based on how actors perceive their integration, from external tools to dominant elements that shape actions.

Practical implications

Respecting the autonomy of the actors involved in automated routines; ideally, automating routine steps that add value to the process.

Originality/value

The study explores the function of software solutions in organizational routines through the phenomenographic approach, presenting different concepts of that event.

Details

Revista de Gestão, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1809-2276

Keywords

Open Access
Article
Publication date: 28 January 2025

Marco Romano, James A. Cunningham, Giacomo Cuttone, Alessia Munnia and Melita Nicotra

Entrepreneurial universities, through their intellectual capital (IC), can promote the development of a third mission, which involves collaborating with business and societal

Abstract

Purpose

Entrepreneurial universities, through their intellectual capital (IC), can promote the development of a third mission, which involves collaborating with business and societal organizations to create value. Joint research projects are undertaken within entrepreneurial universities leveraging their IC. These generate value for both the academic community and the territory as they generate impact, in terms of regional IC. At the micro level, scientists in the principal investigator (PI) role are influential actors in generating impact and IC that is beneficial for all joint project stakeholders. The purpose of the paper is to address the existing gap in entrepreneurial university literature concerning the impact generation process.

Design/methodology/approach

The paper represents a theoretical contribution adopting a deductive approach.

Findings

This paper proposes a novel approach to support PIs in entrepreneurial universities in the process of managing innovative initiatives toward IC impact generation. First, we present the IC-based Research Impact Tool (ICRIT) to guide PIs acting as explorative entrepreneurs; then we propose an IC-based Research Impact Report (ICRIR) including some key performance indicators (KPIs) to evaluate impact and IC.

Research limitations/implications

The theoretical approach proposed could be developed further. This could be furthered through more empirical studies using initially, for example, comparative cross-country case study research.

Originality/value

The paper sheds new light on the importance of the final impact generated by research initiatives, focusing on the crucial role played by PIs and promoting the adoption of an IC-based strategic approach, to maximize the final impact of projects, in terms of regional IC.

Details

Journal of Intellectual Capital, vol. 26 no. 7
Type: Research Article
ISSN: 1469-1930

Keywords

Open Access
Article
Publication date: 6 February 2025

Arne Walter, Kamrul Ahsan and Shams Rahman

Demand planning (DP) is a key element of supply chain management (SCM) and is widely regarded as an important catalyst for improving supply chain performance. Regarding the

Abstract

Purpose

Demand planning (DP) is a key element of supply chain management (SCM) and is widely regarded as an important catalyst for improving supply chain performance. Regarding the availability of technology to process large amounts of data, artificial intelligence (AI) has received increasing attention in the DP literature in recent years, but there are no reviews of studies on the application of AI in supply chain DP. Given the importance and value of this research area, we aimed to review the current body of knowledge on the application of AI in DP to improve SCM performance.

Design/methodology/approach

Using a systematic literature review approach, we identified 141 peer-reviewed articles and conducted content analysis to examine the body of knowledge on AI in DP in the academic literature published from 2012 to 2023.

Findings

We found that AI in DP is still in its early stages of development. The literature is dominated by modelling studies. We identified three knowledge clusters for AI in DP: AI tools and techniques, AI applications for supply chain functions and the impact of AI on digital SCM. The three knowledge domains are conceptualised in a framework to demonstrate how AI can be deployed in DP to improve SCM performance. However, challenges remain. We identify gaps in the literature that make suggestions for further research in this area.

Originality/value

This study makes a theoretical contribution by identifying the key elements in applying AI in DP for SCM. The proposed conceptual framework can be used to help guide further empirical research and can help companies to implement AI in DP.

Details

The International Journal of Logistics Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0957-4093

Keywords

Open Access
Article
Publication date: 4 February 2025

Nick Takos, Ian O'Boyle and Duncan Murray

Using descriptions from participants of ten Australian Football League (AFL) Club boards, the authors offer a rare, in-depth account of board member perceptions of interpersonal

Abstract

Purpose

Using descriptions from participants of ten Australian Football League (AFL) Club boards, the authors offer a rare, in-depth account of board member perceptions of interpersonal relationships between board members and the relational conflict evident. These findings suggest that interpersonal behaviours related to egos, social awareness, transparency and trust, ultimately leads to dysfunctional conflict.

Design/methodology/approach

This paper examined the leadership influence on board dysfunctional conflict using the concept of authentic leadership (AL). The authors dismantled board member interpersonal dynamics to explore whether AL may alleviate the issues associated with dysfunctional relational conflict.

Findings

In addition, we highlighted the President has a key leadership role, whereby if they are characterised by AL attributes, they can facilitate higher levels of trust amongst board members and ultimately minimise board fragmentation.

Originality/value

Practically, our findings assist boards to identify some of the behavioural antecedents to dysfunctional relationships, therefore assisting leaders to attenuate their influence on board fragmentation and improve board functioning.

Details

Sport, Business and Management: An International Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2042-678X

Keywords

Open Access
Article
Publication date: 11 February 2025

Mariana Andrei and Simon Johnsson

This study aims to develop a maturity model to assess manufacturing companiesadoption of digital technologies for energy efficiency and to formulate strategies to facilitate

Abstract

Purpose

This study aims to develop a maturity model to assess manufacturing companiesadoption of digital technologies for energy efficiency and to formulate strategies to facilitate progress toward higher maturity levels. To achieve this goal, the study will identify and analyze the challenges inherent in the adoption and implementation of digital technologies for energy efficiency.

Design/methodology/approach

This study used a mixed methodology, combining analysis of the literature for building a maturity model and a questionnaire for validating the model and developing strategies for advancing maturity. The questionnaire was answered by 101 Swedish manufacturing companies.

Findings

The findings reveal that the aluminum industries and iron and steel industries exhibit higher maturity levels in adopting digital technologies. Most companies are intermediate adopters utilizing core technologies such as the Internet of things, cloud and big data for energy use monitoring, analysis and reporting. A smaller subset of companies, identified as leading adopters, reached the highest maturity level, integrating artificial intelligence, predictive analytics and machine learning into their energy management systems to optimize both production and energy use. A key challenge identified is thelack of knowledgeregarding the adoption and implementation of these technologies.

Research limitations/implications

It is essential to emphasize that the developed maturity model does not prioritize the adoption of multiple types of digital technologies. From a maturity standpoint, what truly matters is how effectively the information obtained from digital technologies is utilized in energy efficiency and energy management work to create knowledge and, thus, add value to the organization.

Practical implications

The maturity model and the strategies for advancing maturity related to the adoption of digital technology for energy efficiency are designed to be applicable to all types of manufacturing industries regardless of what sector or country the company is active in. The model can also be used by academia or other actors interested in evaluating the maturity level for the adoption of digital technologies for energy efficiency in companies in the manufacturing industry. The developed strategies offer guidance on determining which activities to undertake within the organization based on its current level of maturity.

Originality/value

This studys main contributions are: (1) the maturity model to assess digital technology adoption for energy efficiency, (2) a set of strategies to advance maturity in adoption and (3) empirical investigation of maturity levels in the adoption of digital technologies for energy efficiency in 101 Swedish manufacturing companies.

1 – 10 of over 18000