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1 – 3 of 3This study aims to analyze the effects of economic inequalities on state capture in Latin America. Economic inequalities are the defining issues of our time. While the effect of…
Abstract
Purpose
This study aims to analyze the effects of economic inequalities on state capture in Latin America. Economic inequalities are the defining issues of our time. While the effect of economic inequality has been explored before on its impact on state capture in Latin America, it has often been done in a qualitative manner. Moreover, most quantitative research to date uses poor proxy variables to assess the impact of inequalities on corruption and or state capture, such as the Gini coefficient, which suffers from a lot of missing data.
Design/methodology/approach
A random effects regression model is used to enable the exploitation of between level variation to greater generalize the results across the Latin American region while minimizing bias to the coefficient estimates.
Findings
The results demonstrate that the top 1% wealth inequality is highly statistically significant and positive in explaining the variation in state capture. The greater the share of wealth the 1% hold, the more state capture we should expect.
Originality/value
To the best of the authors’ knowledge, this paper presents the first empirical study using a novel variable, the top 1% share wealth inequality derived from the World Inequality Database that directly measures the top 1%’s share of wealth overall. The study examines the empirical effect of the top 1%’s share of wealth inequality in contributing to state capture. Nineteen Latin American countries are analyzed across the temporal period 1996–2021.
Details
Keywords
Benedict Ogbemudia Imhanrenialena, Ogohi Daniel Cross, Wilson Ebhotemhen, Benjamin Ibe Chukwu and Ejike Sebastian Oforkansi
The purpose of this research is to investigate how bridging and bonding social capital relate to career success among career women in a patriarchal African society. Further, the…
Abstract
Purpose
The purpose of this research is to investigate how bridging and bonding social capital relate to career success among career women in a patriarchal African society. Further, the intervening role of self-esteem in the association between social capital and career success was examined.
Design/methodology/approach
Structured questionnaire was used to collect data from 488 Nigerian career women in management cadres in both private and public sectors. Partial least squares structural equation modeling was applied in testing the proposed hypotheses.
Findings
The outcomes show that bridging social capital has a significant positive relationship with subjective and objective career success. Conversely, bonding social capital has no significant positive relationship with subjective and objective career success. Further analyses show that self-esteem only partially mediates the association between bridging social capital and career success while an insignificant intervening effect of self-esteem on the association between bonding social capital and career success was found.
Practical implications
The findings suggest the need for organisations to stimulate a friendly work environment that has a zero-tolerance culture for workplace discrimination against women. This will enable the women to relate with people in the workplace irrespective of gender or cadre to generate more bridging social capital to achieve greater career success.
Originality/value
The study extends social capital and career success research to career women in a patriarchal African context as a response to the call for context-specific career research in non-western countries particularly Africa. Second, the study provides empirical evidence that African career woman with bridging social capital can achieve career success irrespective of their self-esteem level amid patriarchal discrimination.
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Frank H. Cassell and Burleigh Gardner
At the moment of their greatest political triumph in a quarter of a century, business management is under fire for losing leadership in world commerce and trade. Ascendancy to the…
Abstract
At the moment of their greatest political triumph in a quarter of a century, business management is under fire for losing leadership in world commerce and trade. Ascendancy to the U.S. presidency of a person with a strong business orientation is in no small part due to the electorate's belief that business people can bring efficiency and economy to government. Simultaneously, however, these business people are being charged with failing to anticipate the changing nature of world competition and the massive disruption of consumer purchasing patterns by the oil producing nations, failing to make their products competitive in price and quality, and contributing to declining productivity by letting research and development lag and by managing the nation's workforce poorly.