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Article
Publication date: 29 April 2021

Carmen María Hernández-Nicolás, Juan Francisco Martín-Ugedo and Antonio Minguez-Vera

The construction industry has traditionally been a male-dominated economic sector. Barely 10% of managers are women. On the other hand, this sector is considered an engine…

Abstract

Purpose

The construction industry has traditionally been a male-dominated economic sector. Barely 10% of managers are women. On the other hand, this sector is considered an engine of the economy. For these reasons, it is important to examine the influence of women CEOs on financial variables of firms in the construction industry.

Design/methodology/approach

The empirical study is carried out using a sample from the Iberian Balance Sheet Analysis System record (“Sistema de Análisis de Balances Ibérico”, SABI). The sample includes 8,492 Spanish companies from the construction sector. The methodology employed is a three-stage least squares (3SLS) analysis. This methodology controls for the endogeneity of explanatory variables. It is employed in accordance with the peculiar characteristics of the sample, which includes data for only one year.

Findings

The results show that firms with a woman CEO have a lower level of debt, whatever the terms of the maturity of the debt are. In contrast to most previous evidence, firms managed by women are found to be less profitable.

Originality/value

The paper gives evidence of the influence of the CEO's gender on the performance (return and risk) of a firm. It provides original empirical evidence for the male-dominated construction sector. An extensive search identified no literature in which the researchers had focused on the construction industry.

Details

Engineering, Construction and Architectural Management, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0969-9988

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Article
Publication date: 4 February 2020

Rocio Martinez-Jimenez, María Jesús Hernández-Ortiz and Ana Isabel Cabrera Fernández

The purpose of this paper is to analyze the mediating role of board effectiveness (understood as the capacity to efficiently manage and control all functions to guarantee…

Abstract

Purpose

The purpose of this paper is to analyze the mediating role of board effectiveness (understood as the capacity to efficiently manage and control all functions to guarantee the company’s prosperity) in the relationship between board diversity and firm performance.

Design/methodology/approach

The authors use partial least squares methodology to test the direct and indirect relationships between gender diversity in boards of directors and business performance.

Findings

Although the relationship between the presence of women on the board and the board’s effectiveness is statistically significant, this relationship is negative. However, board effectiveness (measured by the three constructs: strategic control, organizational innovation and decision-making) has a positive and statistically significant effect on business performance. Finally, there is a positive, but not statistically significant, relationship between gender diversity and firm performance.

Research limitations/implications

The study has a small sample size, and most of the boards of directors analyzed are unequal with only a few companies achieving gender parity.

Social implications

Public institutions must promote actions to achieve a critical mass of women directors and managers, so that women transcend a merely “symbolic” role on a board and are able to develop their skills and characteristics, thereby improving a board’s effectiveness and business performance.

Originality/value

This paper makes a theoretical contribution to the diversity and governance literature by providing a better understanding of the relationship between board gender diversity and firm performance. It considers the influence of women on the board through a holistic framework, analyzing the mediating role of the board’s effectiveness.

Details

Corporate Governance: The International Journal of Business in Society, vol. 20 no. 2
Type: Research Article
ISSN: 1472-0701

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Article
Publication date: 11 July 2008

Jennie C. Stephens, Maria E. Hernandez, Mikael Román, Amanda C. Graham and Roland W. Scholz

The goal of this paper is to enhance consideration for the potential for institutions of higher education throughout the world, in different cultures and contexts, to be…

Abstract

Purpose

The goal of this paper is to enhance consideration for the potential for institutions of higher education throughout the world, in different cultures and contexts, to be change agents for sustainability. As society faces unprecedented and increasingly urgent challenges associated with accelerating environmental change, resource scarcity, increasing inequality and injustice, as well as rapid technological change, new opportunities for higher education are emerging.

Design/methodology/approach

The paper builds on the emerging literature on transition management and identifies five critical issues to be considered in assessing the potential for higher education as a change agent in any particular region or place. To demonstrate the value of these critical issues, exemplary challenges and opportunities in different contexts are provided.

Findings

The five critical issues include regional‐specific dominant sustainability challenges, financing structure and independence, institutional organization, the extent of democratic processes, and communication and interaction with society.

Originality/value

Given that the challenges and opportunities for higher education as a change agent are context‐specific, identifying, synthesizing, and integrating common themes is a valuable and unique contribution.

Details

International Journal of Sustainability in Higher Education, vol. 9 no. 3
Type: Research Article
ISSN: 1467-6370

Keywords

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Article
Publication date: 1 February 2016

Jorge Olcina, David Sauri, Maria Hernández and Anna Ribas

The purpose of this paper is to assess the main changes regarding flood policy in Spain during the period 1983-2013, that is right after the large and very damaging…

Abstract

Purpose

The purpose of this paper is to assess the main changes regarding flood policy in Spain during the period 1983-2013, that is right after the large and very damaging episodes of 1982-1983 in Valencia, Catalonia and the Basque Country.

Design/methodology/approach

This is above all a review paper that looks retrospectively at flood policy in Spain during the past three decades. In order to collect and organize the information the authors follow the methodology of the IPCC regarding vulnerability studies. That is, the authors provide evidence for an overall assessment of the evolution of exposure, sensibility and adaptive capacity to floods in Spain for the period of reference. The authors approach these issues through the own experience and expertise on this subject as noted in the reference list.

Findings

While exposure to floods has generally increased (especially after the massive growth of urbanization in flood prone land of the 1990s and early 2000s) overall flood policy has contributed to make Spain less sensible and more adapted to floods. Still some issues remain unsolved especially the control of urban growth and the adaptation of the built environment to floods. For these reasons absolute economic losses from floods may continue to be important in the future (perhaps more so with climate change) even though, overall, Spanish society may have become less vulnerable and therefore more resilient than in the past.

Originality/value

The paper provides a retrospective study and assessment of policies taken and their changes regarding floods at a national level over a long period of time (30 years) which is a theme still relatively little explored in the scientific literature on this hazard.

Details

Disaster Prevention and Management, vol. 25 no. 1
Type: Research Article
ISSN: 0965-3562

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Article
Publication date: 9 July 2020

María Obeso, Remedios Hernández-Linares, María Concepción López-Fernández and Ana María Serrano-Bedia

The purpose of this paper is twofold. First, it aims to analyze the individual influence of different knowledge management practises (KMP) on firm performance. Second, it…

Abstract

Purpose

The purpose of this paper is twofold. First, it aims to analyze the individual influence of different knowledge management practises (KMP) on firm performance. Second, it aims to analyze the mediating role of organizational learning (OL) between each KMP and performance.

Design/methodology/approach

A telephone-survey was applied in 2018 to the managers of 400 Spanish firms. The data retrieved was analyzed by using multiple regression analysis.

Findings

Knowledge generation (KG) and knowledge flow (KF) promote firm performance, while there is not a direct association between knowledge storage and performance. OL mediates the relationship between KG and performance, as well as between KF and performance.

Research limitations/implications

First, this research confirms that not all the KMP have a direct effect on firm performance, thus, future research would need to differentiate between different KMP. Second, this paper is pioneering in providing empirical evidence that OL mediates the KMP – performance relationship. Third, the empirical study was performed in a context non-researched yet by the literature considering KMP individually: Spain.

Practical implications

First, besides the results managers should focus their efforts in practises related to KG and application. Second, OL mediating suggests that managers should invest in managerial commitment to promote a shared culture, shared vision, open-mind to new ideas and a lot of dialogue.

Originality/value

This is the first study that investigates how KMP contribute to firm performance by incorporating the mediating impact of OL. The results will help organizations to identify the KMP improving the performance.

Details

Journal of Knowledge Management, vol. 24 no. 8
Type: Research Article
ISSN: 1367-3270

Keywords

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Article
Publication date: 31 December 2010

María Ascensión Molina Huertas, Francisco J. Del Campo Gomis, David Bernardo López Lluch and Asunción María Agulló Torres

The aim of this article is to analyse the opinions (and the differences among them) of golf players, golf courses managers and the general population about the economic…

Abstract

The aim of this article is to analyse the opinions (and the differences among them) of golf players, golf courses managers and the general population about the economic and social impact of golf courses in a tourist destination (Alicante province, in Spain) from the data collected in three surveys. Golf players and golf courses managers have a more positive opinion about this economic and social impact than the population in the province. This is due to the knowledge of the first group about golf industry benefits. Therefore, communication about these social and economic benefits of golf courses has to be increased with the population in the area in order to improve their opinion about them.

Details

World Journal of Entrepreneurship, Management and Sustainable Development, vol. 6 no. 1/2
Type: Research Article
ISSN: 2042-5961

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Article
Publication date: 21 November 2016

Antonino Galati, Maria Crescimanno, Salvatore Tinervia and Dario Siggia

The purpose of this paper is dual. The first is to assess the quality of websites of Italian wineries, using the Web Assessment Index (WAI), and compare e-commerce and e

Abstract

Purpose

The purpose of this paper is dual. The first is to assess the quality of websites of Italian wineries, using the Web Assessment Index (WAI), and compare e-commerce and e-marketing websites. The second is to verify the existence of a relationship between the website quality and business revenue, on one hand, and the characteristics of managers, on the other.

Design/methodology/approach

A two-step survey was carried out to respond to the aims of the study. First, a sample of wineries was contacted to capture information on both the wineries and managerial characteristics. On the basis of the observed data, a second step of the analysis was performed taking into consideration 84 wineries having a website. The website quality has been evaluated by WAI, and afterwards, it has been related to the internal business factors previously identified.

Findings

Findings show that the website quality is higher in e-commerce websites than in e-marketing websites, and that business revenue and the education level of managers have a positive influence on the websites’ quality.

Research limitations/implications

The results of the study need to be interpreted within the context for which this research was designed and cannot be applied generally to all businesses.

Practical implications

Findings have some theoretical and practical implications. From a theoretical point of view, this study validates the WAI model in the wine sector. From a managerial perspective, results are useful both for wineries creating an online presence for the first time, and for those already existing which, and for system designers of websites.

Originality/value

Very few empirical studies have been conducted on the relationship between website quality, business performance and managerial characteristics.

Details

International Journal of Wine Business Research, vol. 28 no. 4
Type: Research Article
ISSN: 1751-1062

Keywords

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Article
Publication date: 6 December 2017

María A. Martínez Ruiz and María J. Hernández-Amorós

The purpose of this paper is to seek insights into the demands and challenges faced by school principals in Spain, especially in their dealings with local education authorities.

Abstract

Purpose

The purpose of this paper is to seek insights into the demands and challenges faced by school principals in Spain, especially in their dealings with local education authorities.

Design/methodology/approach

In all, 100 principals from public infant, primary and secondary schools in Alicante (Spain) participated in the study, which was carried out from a qualitative research perspective using deductive content analysis.

Findings

Most participants noted the need to improve channels of communication with, and support from, the local education authority. They also stressed the desirability of increasing their autonomy, reducing bureaucratic tasks and improving working conditions, which is in line with the international framework. Their narratives make it clear that they remain tied to a management leadership model but actually aspire to an instructive leadership.

Research limitations/implications

An absence of triangulation and the use of a single data collection technique are the limitations of this paper.

Practical implications

These participants are practising professionals who are proposing ways to improve aspects of their working lives based on actual experience. Acknowledging their voices could inspire the design of policies aimed at improving the principal’s role in Spain.

Originality/value

Knowledge is contributed to the area of study into proposals for improving the role of the principal, but with new and contextualised insights.

Details

Journal of Educational Administration, vol. 56 no. 1
Type: Research Article
ISSN: 0957-8234

Keywords

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Book part
Publication date: 7 October 2019

Cécile Mouly, Esperanza Hernández Delgado and María Belén Garrido

This chapter examines the considerations weighed by armed actors in responding to civilian demands in three Colombian peace territories, where residents have engaged in…

Abstract

This chapter examines the considerations weighed by armed actors in responding to civilian demands in three Colombian peace territories, where residents have engaged in civil resistance against armed violence and negotiated with armed actors to reduce such violence. It does so mainly on the basis of data from fieldwork, including interviews with former or current members of armed groups who operated in the areas under study, and other actors. We find that armed actors weighed political, security, economic and normative considerations when faced with civilian demands and that the armed actors’ relative dependence on civilians regarding these four aspects influenced these actors’ responses.

Details

Bringing Down Divides
Type: Book
ISBN: 978-1-78769-406-4

Keywords

Abstract

Details

International Journal of Sociology and Social Policy, vol. 12 no. 4/5/6/7
Type: Research Article
ISSN: 0144-333X

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