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Luck remains an elusive theoretical concept in the business literature yet a fascinating practical phenomenon in business reality. In addition to effective strategic maneuvering and well‐run internal management, luck often plays a non‐trivial role as a determinant of competitive advantage and firm performance. Understanding the various types of luck and the contextual conditions under which luck strikes is therefore expected to help a firm gain competitive advantage. This paper advances a typology of different scenarios of luck – pure luck, prepared luck, useful weeds, and skunk work – and expounds the strategic implications of these scenarios for the firm’s search for competitive advantage. Taking a proactive approach, it untangles the typical environmental sources of luck as well as the intra‐firm mechanisms and processes through which a firm could better induce, recognize, and exploit lucky incidents of innovations from useful weeds or skunk works.

Specifically, this study aims to examine residents’ perceptions regarding the following: the sociocultural, environmental and economic impacts generated by the presence of Airbnb and the irritability caused by the presence of Airbnb based on Doxey’s Doxey (1975) irritation index (i.e. index).

Twenty-one semistructured in-depth interviews were conducted between February and March 2021 with residents of three condominiums in the Huancaro residential complex. Data were analyzed using the qualitative data analysis software ATLAS.ti 8.

Results showed that participants perceived negative economic impacts regarding investments, jobs, real estate prices and overall cost of living; negative sociocultural impacts regarding criminality, social conflicts and cultural exchange; and negative environmental impacts regarding sanitation in the context of the pandemic and the state of the Airbnb apartments. Further, it was found that participants related to the following three of the four stages of irritability: euphoria, apathy and annoyance.

It is necessary to complement the information with the perceptions of the residents about the city’s authorities and managers in the hotel business before the stage of the COVID-19 pandemic and the current stage.

The study identifies improve Airbnb operations like establishing health paraments and defining cohabitation rules at the condominiums.

The residents consider that visitors’ returns produce positive and negative impacts on the quality of life being important for understanding their perceptions.

Short-term rental companies, such as Airbnb, generate a range of impacts on urban residents, particularly when travelers encroach on areas of the city beyond the traditional “tourist bubbles.” This study explored the perceptions of Airbnb’s impacts on activities among residents of Huancaro, a residential section of Cusco-Peru, in the context of tourism reopening after a year of an almost complete halt in tourism activities because of the COVID-19 pandemic. The study also highlighted the heterogenetic responses to Airbnb within the community.

The purpose of this paper is to analyze whether gender diversity on board and financial expertise on audit committee affect accounting conservatism in banking sector. Additionally, the authors focus on the effects of board characteristics on bank earnings quality and examine their effects on earnings persistence.

The authors use a large sample of 159 banks from nine different countries from the period 2004-2010. The authors study whether the differences in the timeliness of earnings to bad news and earnings quality across governance structures of banks are driven by differences across investor protection and bank regulation levels in banks.

The findings confirm the monitoring role of both female and financial experts, noting a positive effect of them on accounting conservatism and earnings quality in banks. According to the institutional characteristics, the results suggest the complementary role of banking regulation and investor protection levels in these effects, noting that in contexts of higher regulatory and greater investor protection environments, gender diversity and financial expertise on boards have more influence on the conservatism and earnings quality of banks.

The authors contribute to both the accounting quality literature and the corporate governance literature by identifying board characteristics that are associated with higher conservatism and quality of earnings in banks around the world. In addition, this study also contributes to the ethics literature by highlighting the benefits of gender diversity and financial expertise in upholding the integrity of financial reporting. Moreover, this paper adds to prior literature about board of directors and accounting quality by identifying additional complementary factors – bank regulation and investor protection – and by focusing on a specific industry, the banking industry.

As of January 1, 2020, the upper limit of sulfur emissions outside emission control areas decreased from 3.5% to 0.5%. This paper aims to present some of the challenges associated with the implementation of the sulfur cap and investigates its possible side effects as regard the drive of the International Maritime Organization (IMO) to reduce carbon dioxide (CO₂) emissions. Even though it would appear that the two issues (desulfurization and decarbonization) are unrelated, it turns out that there are important cross-linkages between them, which have not been examined, at least by the regulators.

A literature review and a qualitative risk assessment of possible CO₂ contributors are presented first. A cost-benefit analysis is then conducted on a specific case study, so as to assess the financial, as well as the environmental impact of two main compliance choices, in terms of CO₂ and sulfur oxide.

From a financial perspective, the choice of a scrubber ranks better comparing to a marine gas oil (MGO) choice because of the price difference between MGO and heavy fuel oil. However, and under different price scenarios, the scrubber choice remains sustainable only for big vessels. It is noticed that small containerships cannot outweigh the capital cost of a scrubber investment and are more sensitive in different fuel price scenarios. From an environmental perspective, scrubber ranks better than MGO in the assessment of overall emissions.

Fuel price data in this paper was based on 2019 data. As this paper was being written, the COVID-19 pandemic created a significant upheaval in global trade flows, cargo demand and fuel prices. This made any attempt to perform even a rudimentary ex-post evaluation of the 2020 sulfur cap virtually impossible. Due to limited data, such an evaluation would be extremely difficult even under normal circumstances. This paper nevertheless made a brief analysis to investigate possible COVID-19 impacts.

The main implication is that the global sulfur cap will increase CO₂ emissions. In that sense, this should be factored in the IMO greenhouse gas discussion.

According to the knowledge of the authors, no analysis examining the impact of the 2020 sulfur cap on CO₂ emissions has yet been conducted in the scientific literature.

This purpose of this paper is concerned with the issue of designing and operating a sustainable waste management system, in rapidly growing urban areas. Some existing models for waste management and the extent to which they could be applied in a specific environment – Cairo for example – are discussed. An integrated framework which can serve as a basis for the development of a sustainable waste management system is proposed. Sustainability of the system, opportunities and challenges, material re-use and recycling, composting, incineration and energy production and land-filling are examined. Relevant waste management and cost sub-models inherent to the system are discussed. In addition, some other environmental and social aspects are also debated. The main focus of this paper is to provide some insights into the design of a more effective and integrated sustainable waste management system applicable for developing economies.

An in-depth analysis is carried out for the existing models and approaches for waste management. This has led to the development of a framework which can be implemented.

A comprehensive conceptual framework for a waste management system is developed. The major inputs and expected outputs are clearly identified.

A comprehensive and complete system for waste management is proposed. This system can be operationalized and implemented with a view of sustainability.

It is basically known that the oil and gas industry contributes to various forms of pollution through air, acid rain and water, as well as different kinds of illnesses in humans and aquatic animals. Eventually, this adversely contributes to climate change owing to increases in emission levels in various stages of oil and gas operations ranging from extraction, refining, transportation and even consumption. Therefore, the purpose of this paper is to produce a simplistic model for compliance with environmental taxes in the oil and gas industry as an effort to curtail such adversities. This attempt is expected to set a new pace for heated debates towards the production of a robust environmental tax compliance model through further research. Specifically, it has examined the effect of extensive regulation and use of power in ensuring compliance with environmental taxation via enforcement mechanisms.

The study used a quantitative research design through a positivist paradigm. The population of the study was 115 respondents who were identified as tax experts in three different stakeholder groups (regulators, operators and enforcers) in the Nigerian oil and gas industry. Out of this population, 103 served as the final sample of the study. The data collected from these tax experts were analyzed through partial least squares structural equation modelling.

The results revealed that both extensive regulation and the use of power have high likelihoods of enhancing compliance with environmental taxes through enforcement actions by the relevant authorities within the oil and gas industry.

The results implied the need for policymakers to deploy these enforcement mechanisms to enhance compliance with environmental taxes in the oil and gas industry, which will eventually reduce the environmental menace and ensure cleaner production. The paper also has highlighted the need for future researchers to expand this discussion through an elaborative approach either through disaggregating the variables studied here or integrating voluntary compliance mechanics into the model for further understanding of the drivers of environmental tax compliance. It also implied the need to utilize larger sample in other oil producing countries to improve generalization of results.

The work could be the pioneer in proposing and validating the enforced environmental tax compliance model in the oil and gas industry.

This paper seeks to propose measures to improve management of rainfall‐related disasters in Chile.

This research was carried out as a case study in the semi‐arid region of Chile where above‐normal rainy events occur once or twice during some rainy seasons. Measures to improve management are suggested based on theory, field data, and community participation. The method was based on a review of both the scientific literature and the local media; and a semi‐structured survey that was applied to local parties, including the population affected by past disasters. Also, some participatory activities (i.e. workshops) were organized in order to include the community opinions.

Results show that there have been significant advances during the last decade in Chile regarding disaster management. Yet, improvements need to be done at the local level in order to achieve a holistic, proactive and integrative management, including community participation and sharing responsibilities. A key element is increased coordination and cooperation.

Benefit the communities and public agencies associated with disaster management, through practical recommendations based on theoretical issues and findings derived from fieldwork.

This is one of the very few scientific research efforts done in Chile based on a case study that includes social aspects (e.g. community participation, social vulnerability) and disaster management.

Sustainability involves a strong interrelationship of ecological, cultural, technological, scientific, economic and social aspects and deserves to undertake a holistic treatment. Abundant evidence has being collected related to the several risks and conflicts derived from unsustainable oil exploitation and fossil fuel energy sources. In the past few years, several environmentally friendly technologies are being developed for oil exploitation in the Argentine Patagonia. The purpose of this paper is to examine them under a holistic prospect to provide an overall outlook for a wide audience and making it attractive for teaching sustainability in higher education.

The environmentally friendly technologies chosen to be examined are Green Chemistry, cleaner production processes and alternative energy sources. Vaca Muerta, located at Neuquén Basin in Argentine Patagonia, is one of the world’s major deposits of tight oil and shale gas. Fracking technology, required for this exploitation, is controversial; it poses critical issues concerning ecological risks such as oil leakage and serious soil damage.

Research results on the germination of a native gramineae in polluted soils are described in this paper under several conditions and show its potential for the phytoremediation of damages aroused from unsustainable oil exploitation. In addition, student’s feedback regarding fracking was examined by a questionnaire presenting different and contradictory perspectives with open and Likert-type items. This study complements previous observation on the open acceptance of the Green Chemistry fundamentals as the contribution of the scientific-technological knowledge to the sustainable development and higher education approaches from Argentina.

A clear result of these experiences is that the immediate impact is stronger that that noted when just scientific and technological aspects are taught; teachers expressed they would try to repeat these exercises in their classes in middle and high schools. This feeling of fear is important for people to understand the severity of climate change, though it is also essential to help people move past fear, to use the urgency of the problem to motivate action. Results of this research suggest that the best way to understand climate risks is interactive learning.

This study describes related scientific, technological and societal research in the fields of soil remediation and sustainable production that are key values in higher education, as scientific and societal communities play an essential role. From a holistic approach to a complex problem, this paper describes research on different aspects that converge into the viewing of the radical change in the society’s behavior that is urgently required for a sustainable development in harmony with the planet. In spite of their importance, there are few publications with an interdisciplinary overview about sustainable development in Latin America. The value and originality of this work is that it focuses on the need of teaching sustainability in different areas of higher education with a holistic prospect.

The initial hypothesis of the exploratory paper lies in the fact that there exists a demand for healthier wines due to the higher presence of natural compound which potentially bring benefits to the consumer’s health. To satisfy this hypothesis, the research questions that paper tried to answer are the following: Do there exist a demand for naturally resveratrol-enhanced wine? What variables do influence the preference of consumers toward a naturally resveratrol-enhanced wine? As a consequence, the purpose of this paper is to explore what variables naturally influence resveratrol-enhanced wine consumption.

A structured questionnaire was administered through face-to-face interviews to a sample of 250 regular wine consumers which were randomly selected to achieve balanced socio-demographic characteristics. Subsequently, an econometric analysis was performed to estimate the effects that selected attributes, extrapolated from the literature, have on resveratrol-enriched wine consumption. With this aim, a logistic regression model was developed through the assessment of willingness to consume naturally resveratrol-enhanced wine.

The findings of this paper suggest that respondents consider wine as source of beneficial and healthy properties and they are willing to consume enriched-resveratrol wine. The study found a direct correlation between resveratrol and wine extrinsic attributes (organic label, brand) as well as any intrinsic attributes (tannins content). In addition, solely female consumers expressed to consider label information in their preference for resveratrol-enhanced wine. Among socio-demographic factors, only age and gender have an interaction effect on the consumption of these wines.

Since this study has some limitations due to the limited number of observations and to the specific regional geographical context, the findings should be generalized in theoretical terms with a certain caution. Before to extend the results to all Italian consumers, future research should test the robustness of the findings by assessing the effect of the attributes that the authors have examined in this study in other environmental contexts, e.g. in other wine regions.

The results have important implications for wine producers, since the adoption of production practices explicitly related to the higher natural content of resveratrol can lead to a value augmentation and enhance business income of companies. Moreover, there exists implication also for wine managers, given the knowledge of factors affecting consumers’ attitudes toward naturally resveratrol-enhanced wines can lead to an increase in wine demand that should allow to reach a focused differentiation strategy in specified market segments. This suggests the need to indicate on the label the content of resveratrol as a distinctive signal of the “additional health information” of a wine.

While a substantial body of research has analyzed the healthy attributes that affect purchasing process of wine, no other known study has examined the effects of attributes on consumers’ willingness to purchase naturally resveratrol-enhanced wine. The study is the first that explores the consumers’ willingness to buy wine naturally enriched with resveratrol. Previous works took into account only resveratrol-enriched wines. The authors believe that in the eye of consumers there are significant differences between a natural enhancement and a simply technological enrichment, since the concepts and the technological aspects behind the two processes are strongly different. To fill this gap, the authors explored for the first time what variables can influence the preference of a naturally resveratrol-enhanced wine.

This paper aims to examine the technology-organization-environment (TOE) predictors of green information technology adoption in an emerging economy, namely, the United Arab Emirates (UAE) and their impact on work performance among UAE organizations.

A paper-based survey was carried out by engaging employees in different organizations in the UAE. The “partial least squares” (PLS) method was used to test and analyze the measurement and the structural research models.

The analysis shows support to all the hypotheses, with the exception of the influence of competitive force.

The results can be valuable for practitioners and decision-makers in the emerging economy context as the results will help them validate their adoption decisions and effectively contribute to sustainability strategies.