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The purpose of this paper is to understand the influence of family ownership and governance mechanisms on corporate social responsibility (CSR) scores through the lens of the principal–principal (PP) perspective.

Using a random-effects model the authors sample 21 hundred board members across a 101 listed Mexican companies from 2008 to 2020.

The paper finds that board independence and board committees are positively related to CSR scores.

Results of this paper suggest that stronger governance can enhance CSR: board independence and committees can be a counterbalancing mechanism serving stakeholders aiming to improve CSR scores.

Most CSR research has focused on determinants and outcomes of CSR. The authors analyze an unexplored aspect of the corporate governance (CG) and CSR relationship: the potential influence of family ownership and governance mechanisms on CSR.

Comprender la influencia de la propiedad familiar y mecanismos de gobierno en las calificaciones de Responsabilidad Social Corporativa (RSC) a través de la perspectiva principal-principal.

Usando un modelo de efectos aleatorios en una muestra de dos mil cien consejeros en ciento un empresas públicas mexicanas del 2008 al 2020.

La independencia y comités del consejo tienen una relación positiva con calificaciones RSC.

Los resultados sugieren que instituciones más fuertes de gobierno pueden incrementar el RSC: la independencia y los comités del consejo pueden ser un mecanismo que haga dicho balance sirviendo a partes interesadas que deseen mejorar calificaciones de RSC.

La mayoría de la investigación en RSC se ha enfocado en determinantes y productos de RSC. Nosotros analizamos un aspecto no explorado en la relación de gobernanza y RSC: la potential influencia de la propiedad familiar y los mecanismos de gobierno en la RSC.

To understand if certain board traits can contribute to attract CEO directors

Panel data model with firm fixed effects of individual and firm level attributes from 450 public firms in Argentina, Brazil, Chile, Colombia, Mexico and Peru

Higher levels of masters abroad, board ties, government experience and foreign members are all negatively related to the appointment of CEO directors

The use of non-performance outcome variable such as CEO experience in the family led emergent environment of Latin America

Entender si hay características de un consejo que ayudan a atraer consejeros CEOs

Modelo con datos panel y efectos fijos usando información individual y de empresa de 450 empresas públicas en Argentina, Brasil, Chile, Colombia, México y Perú

Mayores niveles de maestrías en el extranjero, lazos de consejo, experiencia de gobierno y presencia de extranjeros están relacionados negativamente con el nombramiento de nuevos consejeros CEOs

El uso de una variable que no es de desempeño como experiencia de CEOs en el contexto de empresa familiar en Latinoamérica

Considering the contribution of freight villages (FVs) to the economy and sector, transportation cost advantage, environmental externalities, labor costs, employment, etc. criteria evaluation is important in selecting FV location. Environmental sustainability and social dimensions are becoming important criteria for companies in logistics. The purpose of the study is to determine/model the criteria interaction and also determine the criteria priorities in the FV location selection process. Meanwhile, the study aims to evaluate these criteria and present information to researchers and decision makers.

Six main criteria and 29 sub-criteria are selected from related literature. Decision making trial and evaluation laboratory (DEMATEL) method is used for determining/modeling the criteria interaction and sketching interaction diagram, and the Analytical Hierarchy Process (AHP) method is used for determining the criteria priorities. One/two-way pairwise compared main/sub-criteria views are obtained from 48 experts for calculations.

“Trade potential”, “transportation networks” and “economic factors” have the highest priorities, respectively, out of six main criteria, and they have the most powerful interactions that put these criteria to the center of decision process. Sub-criteria of “foreign trade potential”, “proximity to the port”, “market opportunities” and “proximity to the railway” out of 29 have a total 36.42% priority, more than one-third of the importance.

Criteria are evaluated in FV location selection for FV sustainability using criteria interaction diagrams, affecting/being affected by the level of each criterion and their priorities. This study shows a hybrid derivation from DEMATEL-AHP usage methods together. High-volumed and qualified/experienced expert group judgments in Turkey are evaluated.

This study aims to investigate the relationship between organizational systems, market orientation, family culture and the long-term business performance of family businesses in the wine sector in three countries.

A survey by questionnaire was undertaken with 123 wineries in Australia, Germany and Italy. Multiple-item measurement scales and multiple regression models were used to investigate mediation effects.

The findings indicate a marked influence of organizational systems and family culture on financial performance. Market orientation fully mediates the effect of family culture and partially mediates the effect of organizational systems on financial performance.

From a managerial perspective, this research indicates the central role of family culture when evaluating a firm’s capabilities and potential in the long term. The findings and their implications are of immediate concern for family firms in the wine sector.

For the first time, the antecedents of market orientation are investigated through simultaneous application of two key frameworks from marketing research and family business research in a single joint analysis.

The relationship between a new measure of money, called the Rational Transactional Aggregate (RTA), and economic activity was investigated using annual and quarterly data in selected macroeconomic models from 1973–1990. For prediction purposes, the money demand function including RTA which used lagged output changes and lagged interest rates showed the most promise.

This paper reviews existing research to understand when, how and with what results robotic process automation (RPA) is implemented by organizations.

The authors have identified 84 sources across eight databases and have analyzed them through the lens of a context–intervention–mechanism–outcomes framework (CIMO). The CIMO analysis maps the contextual drivers, intervention approaches and value related outcomes associated with RPA implementation.

The result of the analysis is the identification of four mechanisms explaining the approach organizations take to implement RPA: digitizing business processes, performing knowledge work together with humans, replacing outsourcing with RPA robots and developing a new business model. Therefore, in this paper, in order to reduce RPA literature fragmentation, the authors take into account the digital transformation (DT) perspective, by considering RPA as one example of digital technology.

This study sensitize organizational adopters to the different mechanisms they can deploy to conduct RPA implementations to achieve different desired outcomes in response to different drivers. Moreover, having a clear picture of the key enablers and associated barriers to the realization of these alternative paths serve as a useful map to guide the implementation process.

The findings contribute to DT research by conceptualizing these mechanisms through which organizations deploy automation tools—such as RPA.

Dynamic capabilities yield positive effects to firm-specific advantage formation. Paradoxically, the body of literature on capability diffusion is scarce. The purpose of this study is to focus, thus, on this dearth of literature with an emphasis on exploring the transferability function.

An integrative review of literature on the dynamic capabilities view covers the organizational context determining capability sharing, supported by strategic communication and business networking theories for the fashioning of global capabilities’ administration model (GCAM).

Individual motivations and formal modelling of capabilities’ transference have been overlooked in previous research. Largely with a top-down orientation, the current paradigm of their diffusion is profoundly shaped by the organizational structure and its global governance practices.

The GCAM’s architecture, based on transnational administration and hybrid transferability, opens horizons for multinational companies to develop their own capability management systems and is at the same time a new scholarly avenue in the field.

This study explores an untapped research gap and the formal modelling of a GCAM, while reconciling some of the weaknesses of academic research and industry practices.

The first Principia Mathematica (1686) by Sir Isaac Newton with reference to natural philosophy and his system of the world has largely contributed to the first revolution in scientific thinking in modern times. It has created the conceptual basis of modern science in the classical tradition by providing the tools of analysis and the technique of reasoning in terms of stability—from—within or, as we would say today, the model of stable equilibrium conditions.

The equation of unified knowledge says that S = f (A,P) which means that the practical solution to a given problem is a function of the existing, empirical, actual realities and the future, potential, best possible conditions of general stable equilibrium which both pure and practical reason, exhaustive in the Kantian sense, show as being within the realm of potential realities beyond any doubt. The first classical revolution in economic thinking, included in factor “P” of the equation, conceived the economic and financial problems in terms of a model of ideal conditions of stable equilibrium but neglected the full consideration of the existing, actual conditions. That is the main reason why, in the end, it failed. The second modern revolution, included in factor “A” of the equation, conceived the economic and financial problems in terms of the existing, actual conditions, usually in disequilibrium or unstable equilibrium (in case of stagnation) and neglected the sense of right direction expressed in factor “P” or the realization of general, stable equilibrium. That is the main reason why the modern revolution failed in the past and is failing in front of our eyes in the present. The equation of unified knowledge, perceived as a sui generis synthesis between classical and modern thinking has been applied rigorously and systematically in writing the enclosed American‐British economic, monetary, financial and social stabilization plans. In the final analysis, a new economic philosophy, based on a synthesis between classical and modern thinking, called here the new economics of unified knowledge, is applied to solve the malaise of the twentieth century which resulted from a confusion between thinking in terms of stable equilibrium on the one hand and disequilibrium or unstable equilibrium on the other.