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The purpose of this paper is to analyze how family ownership influences the strength of the board’s monitoring function in companies’ decisions regarding the assurance of sustainability reports.

The international sample consists of 536 companies operating in more stakeholder-oriented countries during the period 2007-2014. The paper proposes alternative logit models of analysis using the random-effects estimator.

The results provide evidence that a firm’s sustainability assurance and its choice of accounting professionals as higher quality assurers are positively associated with board size and independence. The main result is the positive impact of family businesses on these assurance issues. The paper evidences the greater orientation toward sustainability issues of family businesses. Furthermore, it verifies the greater impact of board size on family firms’ assurance demand.

This study sheds some light on the unexplored topic of sustainability assurance in family firms. One of the differentiating aspects with respect to previous studies is the consideration of the moderating factor of family property. This study also contributes to the understanding of family firms’ demand for assurance and its practitioners, and the literature’s focus on its determinants.

Nutrition and exercise matter for everyone, including people with learning disabilities. Poor nutrition and lack of exercise can have adverse effects on emotional and physical health and well‐being, which then affect the ability to cope with the demands of everyday life, including independent living and enjoyment of voluntary or paid work, college and leisure activities. Support staff need training and advice to understand this if they are to facilitate optimal quality of life.

Since Family Assurance started life in 1975 the society has grown to become the UK′s largest tax‐exempt friendly society. In 1994 the first phase of a new computer system – FACE, for Family Assurance Client Environment – will come on‐stream. Describes how the core of the new system, the in‐house marketing database, was set up to optimize direct mailing activity, improve client selection for mailings and help determine campaigns and product design. Assesses the success of the system so far and potential benefits in the future.

Over the past decades, there has been an intensifying movement to privatize education in Western nations, with equal concern about the quality of education for all. This article adds to a global understanding of school inspections as a governance mechanism to promote educational quality in an entirely open K-12 educational marketplace.

The role of school inspections as a quality assurance device is examined from a market accountability perspective. The Emirate of Dubai is used as an illustrative example of market accountability, where the educational landscape constitutes primarily a private open market.

Dubai proves that market accountability can address the needs of all families, assuring the provision of a sufficient quality standard of education, while allowing for competition to drive improvement. There are two lessons that Dubai offers a global audience that has been debating the merits of privatizing education: a fully free unregulated market does not promote an education system that provides a minimum standard of education for all; and a private education system can address stakeholder concerns and operate successfully in parallel to a public sector.

The idiosyncratic United Arab Emirates (UAE) education sector calls for a balance between flexibility and quality assurance across semi-independent jurisdictions. Hosting a majority of non-Emirati resident families, Dubai has developed a public inspection system for a private education market for quality assurance across 17 curricula offered in 215 private schools with diverse profit models. That most Dubai school-aged children are in private schools demanded accommodating an atypical landscape for K-12 education that affords insights into how a free market can operate. The authors encourage future research that may build a more comprehensive framework for better understanding the public–private education debate.

The purpose of this study is to empirically examine the effect of family involvement in ownership, management and directorship on audit fees during the crisis and non-crisis periods.

Following Anderson and Reeb (2003), this paper uses a two-way fixed effect model to examine the impact of family control on audit fees in crisis and non-crisis periods. The fixed effects include dummy variables for each year and each industry code in the sample.

This paper finds that during normal economic periods, family firms pay lower audit fees relative to non-family firms because of the incentive alignment or monitoring effect. While, during crisis periods, family firms pay higher audit fees because of the shareholder expropriation effect.

The results reported in this paper have both practical and policy implications for the demand and supply of audit services to firms having different ownership structures.

This is the first study of its kind to examine the effect of family ownership and involvement on audit fees during the crisis period.

Women entrepreneurs are considered here as a backbone of economic growth and development. This research is conducted to explain the role of microfinance banks in women's financial, socioeconomic, and political empowerment. The sample was gathered from the customers of microfinance banks operating in the specific areas of Sukkur, Pano Aqil, and Khairpur districts of Sindh province. Women perception about the microfinance bank was found to be positive as they give positive feedback about the banks. According to the findings, limited knowledge about business and financial matters make it highly challenging for women entrepreneurs to start and run business smoothly. However, most of the women are living separate with their husbands, and due to more children, women enjoy freedom of mobility.

This study aims to analyze the external quality assurance (EQA) strategies of Technological Institutes (TIs) in Mexico, between 2010 and 2020. For this purpose, this study tracks sectoral reforms and institutional adaptation processes toward fulfilling accreditation indicators. This study considers accreditation as an emergent strategy for the governance and quality improvement of the subsystem, historically oriented towards contributing to social equity and national development projects. This study also examines the links between evaluation, quality assurance and the restructuring of public, technological higher education.

This study performs a state-of-the-art and exploratory study. This study explores the relationship between quality assurance, non-traditional institutions and regulation in Mexico. This study covers an issue that has been absent from research into the technological sector, particularly research into autonomy and leadership within its institutions. This study obtains qualitative information on those issues through interviews and two focus groups.

Mechanisms such as regulatory schemes for the internal reform of TIs and sub-systemic prominence within the overall educational system show limitations owing to the inadequacy of accreditation indicators in accounting for the conditions in which TIs operate. To address this shortcoming and to aid TIs in accreditation endeavors, this study analyzes some features of this adaptive process that enable successful (student profiles, competitive admission criteria, teacher recruitment).

The main limitation is that this paper reviews a sole country and presents just one case study. Other research on other higher education sub-systems can complete the analysis. In sum, there has been a lack of analysis of accreditation topics in Mexico, in the nontraditional institutions.

This study provides a diagnosis of barriers to the participation of TIs in rankings and accreditation mechanisms, and their repercussions on management issues, governance patterns and reforms.

This study outlined some internal obstacles linked with centralized model of conduction (data for monitoring, consensus on priorities, capabilities and financing) and external factors (shortages of assurance quality framing and institutional profiles, satisfaction with the process).

This study explores relationships between quality assurance, non-traditional institutions and regulation in Mexico, attending a lacking point in the research on the technological sector and autonomy/leadership of its institutions.

Entrepreneurship and family business.

The case is suitable for BA and MBA levels and for courses focusing on family businesses, entrepreneurship, or small and medium-sized enterprises.

The Gomez family is the owner of Colchones Eldorado, a Colombian mattress company, in business for more than 50 years. Its founder and CEO Gumercindo Gomez, 75 years old, had no succession plan but he wanted to ensure the future of his business. Given the urgency of this situation and the complexity of the family structure, Martha Gomez, General Manager, hired a consultant to design the succession plan. To prepare this plan, the consultant must take into account: the preservation of stock ownership within the family, the company's sustainability under the new CEO family member, and the assurance of the family harmony.

These include: understanding the characteristics of a family business in the Latin American context; recognizing the stages of the family ownership; and identifying personal characteristics and roles of family members in order to design the basis of the succession plan.

Teaching notes are available for educators only. Please contact your library to gain login details or email support@emeraldinsight.com to request teaching notes.

Japanese companies are successfully operating in other countries but foreign companies operating in Japan have not been as successful. An exception to this experience is the insurer, American Family Life Assurance Corporation (AFLAC), headquartered in Columbus, Georgia, USA. Over 75 per cent of its revenues are generated in Japan. Nevertheless, when AFLAC′s chief information officer initiated a joint development information systems project with AFLAC′s Japan branch, he faced many difficulties. Moving to Japan to facilitate this project, he finds the management process perplexing in terms of communication, office politics, and cultural differences. Since information‐systems work involves teamwork, working with these differences is essential to multinational corporations.

The vulnerability of the tourism industry to an array of risks, encompassing family-related, small- and medium-sized enterprise-specific, strategic, tourism-specific and external factors, highlights the landscape within which small and medium family enterprises (SMFEs) operate. Although SMFEs are an important stakeholder in the dynamic tourism sector, they are not one homogenous group of firms, but have different strategic orientations. This study aims to investigate the interplay between strategic orientation and risk perception to better understand SMFEs risk perception as it is impacting their decision-making processes, resilience and long-term survival. The authors investigate how different strategic orientations contribute to different perspectives on risk among owner-managers.

Based on a qualitative data corpus of 119 face-to-face interviews, the authors apply various coding rounds to better understand the relationship between strategic orientations and the perceptions of risks. Firstly, the authors analysed the owner–manager interviews and identified three groups of different strategic orientations: proactive and sustainability-oriented SMFE, destination-affirmative and resilience-oriented SMFE and passive SMFE. Secondly, the authors coded the interviews for different risks identified. The authors identified that the three groups show differences in the risk perceptions.

The data unveil that the three groups of SMFEs have several differences in how they perceive risks. Proactive and sustainability-oriented SMFEs prioritize business risks, demonstrating a penchant for innovation and sustainability. Destination-affirmative and resilience-oriented SMFEs perceive a broader range of risks, tying their investments to destination development, emphasizing family and health risks and navigating competitive pressures. Passive SMFEs, primarily concerned with external risks, exhibit limited awareness of internal and strategic risks, resist change and often defer decision-making to successors. The findings underscore how different strategic orientations influence risk perceptions and decision-making processes within SMFEs in the tourism industry.

The authors contribute to existing knowledge include offering a comprehensive status quo of perceived risks for different strategic orientations, a notably underexplored area. In addition, the differences with respect to risk perception shown in the paper suggest that simplified models ignoring risk perception may be insufficient for policy recommendations and for understanding the dynamics of the tourism sector. For future research, the authors propose to focus on exploring the possible directions in which strategic orientation and risk perception influence one another, which might be a limitation of this study due to its qualitative nature.

Varying strategic orientations and risk perceptions highlight the diversity within the stakeholder group of SMFE. Recognizing differences allows for more targeted interventions that address the unique concerns and opportunities of each group and can thus improve the firm’s resilience (Memili et al., 2023) and therefore leading to sustainability destinations development. The authors suggest practical support for destination management organizations and regional policymakers, aimed especially at enhancing the risk management of passive SMFEs. Proactive SMFE could be encouraged to perceive more family risks.

Viewing tourism destinations as a complex stakeholder network, unveiling distinct risk landscapes for various strategic orientations of one stakeholder has the potential to benefit the overall destination development. The proactive and sustainability-oriented SMFEs are highly pertinent as they might lead destinations to further development and create competitive advantage through innovative business models. Passive SMFEs might hinder the further development of the destination, e.g. through missing innovation efforts or succession.

Although different studies explore business risks (Forgacs and Dimanche, 2016), risks from climate change (Demiroglu et al., 2019), natural disasters (Zhang et al., 2023) or shocks such as COVID-19 (Teeroovengadum et al., 2021), this study shows that it does not imply that SMFE as active stakeholder perceive such risk. Rather, different strategic orientations are in relation to perceiving risks differently. The authors therefore open up an interesting new field for further studies, as risk perception influences the decision-making of tourism actors, and therefore resilience.