Search results

The 2008/2009 World Financial Crisis underlined the importance of social responsibility for the sustainable functioning of economic markets. Heralding an age of novel heterodox economic thinking, the call for integrating social facets into mainstream economic models has reached unprecedented momentum. Financial Social Responsibility bridges the finance world with society in socially conscientious investments. Socially Responsible Investment (SRI) integrates corporate social responsibility in investment choices. In the aftermath of the 2008/2009 World Financial Crisis, SRI is an idea whose time has come. Socially conscientious asset allocation styles add to expected yield and volatility of securities social, environmental, and institutional considerations. In screenings, shareholder advocacy, community investing, social venture capital funding and political divestiture, socially conscientious investors hone their interest to align financial profit maximization strategies with social concerns. In a long history of classic finance theory having blacked out moral and ethical considerations of investment decision making, our knowledge of socio-economic motives for SRI is limited. Apart from economic profitability calculus and strategic leadership advantages, this paper sheds light on socio-psychological motives underlying SRI. Altruism, need for innovation and entrepreneurial zest alongside utility derived from social status enhancement prospects and transparency may steer investors’ social conscientiousness. Self-enhancement and social expression of future-oriented SRI options may supplement profit maximization goals. Theoretically introducing potential SRI motives serves as a first step toward an empirical validation of Financial Social Responsibility to improve the interplay of financial markets and the real economy. The pursuit of crisis-robust and sustainable financial markets through strengthened Financial Social Responsibility targets at creating lasting societal value for this generation and the following.

The purpose of this paper is to analyze the influence of learning culture, culture of trust and transformational leadership in the application of knowledge in a school context. Mediation analysis is used to quantify the effects that the learning culture and trust culture have on the application of leadership, mediated by transformational leadership.

The method involves two samples of subjects – school managers and teaching staff – of 17 educational organizations. This study used the method of partial least square or PLS with SmartPLS v. 3.2.6.

The purpose of this study is to determine the effect of leadership in the application of knowledge as one phase of knowledge management. The results of this study explain that: there is a significant and direct role of learning culture in the application of knowledge, there is a significant direct role of culture of trust in the application of knowledge and there is a significant mediating effect of leadership among learning cultures and application of knowledge.

This study has proven that leadership behaves as a mediating instrument. This situation is critical in organizations because it makes it possible to obtain synergies in human capital and the development of knowledge. Bernard Bass believes that there are four main factors of transformational leadership, namely, idealized influence, inspirational motivation, individualized considerations and intellectual stimulation.

This study deepens the authors’ understanding of enablers that affect the application of knowledge in schools, specifically about leadership.

When will individuals accept or reject systems that subordinate them, when will they take actions that will challenge these status hierarchies, and when will such challenges be more intense, overt, and non-normative? Research suggests that individuals often justify and maintain systems that subordinate them, yet we suggest that there are certain boundary conditions that predict when individuals will no longer accept their place in such systems. We propose a model that examines how multiple factors: A sense of power, emotions associated with power, and perceptions of the system's legitimacy and stability – predict when those in low power will act against authority or when they will act to justify and maintain such systems. We also suggest that the level and type of action taken against a hierarchy changes as more of the elements (i.e., sense of power, emotions, perceptions of the status hierarchy) of our model are present. We predict that the actions taken against hierarchies become more overt and non-normative as more of these factors are present.

The present study aims to explore and compare consumer perception and scientific evidence related to food quality and food safety aspects of organic versus conventional vegetables.

Primary data on consumer perception were gathered in 2006‐2007 through a consumer survey with Flemish adults (n=529) and compared with scientific evidence from literature. Consumers of organic and conventional vegetables were selected by means of a convenience sampling procedure. Subjects were asked to complete a self‐administered questionnaire concerning the perception of the nutritional and toxicological value of organic relative to conventional vegetables. Data processing and analysis included descriptive analysis (frequency distributions), data reduction (Cronbach's alpha test, factor analysis), bivariate analysis (correlations, t‐test, ANOVA) and multivariate analysis (stepwise multiple regression).

It was found that organic vegetables are perceived as containing less contaminants and more nutrients, and as such, being healthier and safer compared to conventional vegetables. However, not enough evidence is currently available in the literature to support or refute such a perception, indicating a certain mismatch between consumer perception and scientific evidence. The gap between perception and evidence is larger among older consumers with children. The perception is stronger when the consumption frequency is higher, but is independent of gender, place of residence (rural or urban), education and income level. Also non‐users, on average, perceive that organic vegetables have a nutritional and toxicological advantage over conventional vegetables.

A non‐probability convenience sampling method was applied which limits generalisation of the findings beyond the sample characteristics.

This paper is original in comparing consumer perception and scientific facts related to both nutritional and safety aspects of organic versus conventional vegetables.

In order to minimize the impact of variability on performance of the process, proper understanding of factors interdependencies and their impact on process variability (PV) is required. However, with insufficient/incomplete numerical data, it is not possible to carry out in-depth process analysis. This paper presents a qualitative framework for analyzing factors causing PV and estimating their influence on overall performance of the process.

Fuzzy analytic hierarchy process is used to evaluate the weight of each factor and Bayesian network (BN) is utilized to address the uncertainty and conditional dependencies among factors in each step of the process. The weighted values are fed into the BN for evaluating the impact of each factor to the process. A three axiom-based approach is utilized to partially validate the proposed model.

A case study is conducted on fused filament fabrication (FFF) process in order to demonstrate the applicability of the proposed technique. The result analysis indicates that the proposed model can determine the contribution of each factor and identify the critical factor causing variability in the FFF process. It can also helps in estimating the sigma level, one of the crucial performance measures of a process.

The proposed methodology is aimed to predict the process quality qualitatively due to limited historical quantitative data. Hence, the quality metric is required to be updated with the help of empirical/field data of PV over a period of operational time. Since the proposed method is based on qualitative analysis framework, the subjectivities of judgments in estimating factor weights are involved. Though a fuzzy-based approach has been used in this paper to minimize such subjectivity, however more advanced MCDM techniques can be developed for factor weight evaluation.

As the proposed methodology uses qualitative data for analysis, it is extremely beneficial while dealing with the issue of scarcity of experimental data.

The prediction of the process quality and understanding of difference between product target and achieved reliability before the product fabrication will help the process designer in correcting/modifying the processes in advance hence preventing substantial amount of losses that may happen due to rework and scraping of the products at a later stage.

This qualitative analysis will deal with the issue of data unavailability across the industry. It will help the process designer in identifying root cause of the PV problem and improving performance of the process.

Cute products have found market success. The literature has identified various factors of cuteness, but the effect of size is under-addressed. This study aims to investigate whether and how size perception influences consumers’ cuteness perception.

In three experiments, size was manipulated in terms of visual cue, product description and product name to determine its impact on cuteness perception.

The results of the three experiments demonstrate that a size cue of smallness can heighten consumers’ perception of product cuteness. The first two studies provided converging evidence for the main hypothesis that smaller objects are evaluated as cuter. Study 3 not only replicated the findings of the first two studies but also revealed that vulnerability acts as the underlying process for the smallness-cuteness relationship. Study 3 also showed that the purchase likelihood for an extended product warranty is higher in the small condition compared to the control condition.

While the findings were robust across product types and size manipulations, possible boundary conditions related to product types or individual characteristics were not tested.

The findings suggest how brand managers can use size perceptions to influence consumers’ perceptions of the cuteness of their products and brands.

The findings inform brand managers about the nuances of size cues that may affect how customers perceive their products and identify a more generally applicable cuteness factor that may have downstream implications for marketing practitioners.

This paper aims to perform a meta‐analysis of the literature comparing the environmental impacts of organic and conventional farming and linking these to differences in management practises. The studied environmental impacts are related to land use efficiency, organic matter content in the soil, nitrate and phosphate leaching to the water system, greenhouse gas emissions and biodiversity.

The theoretic framework uses the driver‐state‐response framework and literature data were analysed using meta‐analysis methodology. Meta‐analysis is the statistical analysis of multiple study results. Data were obtained by screening peer reviewed literature.

From the paper's meta‐analysis it can conclude that soils in organic farming systems have on average a higher content of organic matter. It can also conclude that organic farming contributes positively to agro‐biodiversity (breeds used by the farmers) and natural biodiversity (wild life). Concerning the impact of the organic farming system on nitrate and phosphorous leaching and greenhouse gas emissions the result of the analysis is not that straightforward. When expressed per production area organic farming scores better than conventional farming for these items. However, given the lower land use efficiency of organic farming in developed countries, this positive effect expressed per unit product is less pronounced or not present at all.

Given the recent growth of organic farming and the general perception that organic farming is more environment friendly than its conventional counterpart, it is interesting to explore whether it meets the alleged benefits. By combining several studies in one analysis, the technique of meta‐analysis is powerful and may allow the generation of more nuanced findings and the generalisation of those findings.

In recent years, social scientists have begun exploring the neurological foundations of behavior in an attempt to gain a more complete understanding of decision-making in the realms of both politics and economics (see Cacioppo & Viser, 2003; Fowler & Schreiber, 2008; McDermott, 2009; Caplin & Schotter, 2008).

Ecotourism has emerged as a new hope of the tourism sector and is expected to overcome past pitfalls of mass tourism. Therefore, the purpose of this paper is to assess the potentials and challenges of ecotourism development in the historic and sacred sites of North Shewa Zone, Ethiopia.

Data were collected through interview, household questionnaire, field observation and focused group discussion. The collected data were analyzed using Statistical Package for Social Science (SPSS version 23) and Excel.

Based on household’s perception, churches and monasteries were mentioned as the main (17.58%) ecotourism attractions that have crucial role in ecotourism development in the area followed by biodiversity resources (17.23%) and Holy Water (16.01%). These existing ecotourism potentials and opportunities were discussed on the basis of five dimensions, i.e. historical and sacred attractions, biological attractions, cultural attractions, infrastructures and institutional potentials. The mean score values of a five-point Likert scale level of agreement or disagreement of respondents were between 2 and 4.5, implying overall responses of respondents spread between agree and strongly agree.

The findings reveal that although the historic and sacred sites of the area have potential ecotourism opportunities, different anthropogenic activities are affecting its development. The researchers recommended awareness creation programs, promotion of sites, development of infrastructures, employments of well-trained professionals and allocation of sufficient budgets as a mechanism to use the ecotourism potential and solving the existing challenges.