{"title":"Digitization of Human Resource Practices- An Emerging Trend","authors":"Dr. Tanvi Rana","doi":"10.2139/ssrn.3323740","DOIUrl":"https://doi.org/10.2139/ssrn.3323740","url":null,"abstract":"These days, the digitization is transforming the traditional style business model. Among all functions human resources management (HRM) is largely affected by the digitization because of increasing usage of employee related software, IT enabled HR functions, Social networks, and mobile solutions. The organizations are infusing digital approach in handling their human resources (HR). There is a need to persistently develop and innovate the human resource practices to remain competitive in the business. And the recent studies have shown the organizations are designing digitally enabled employee-centric HR practices. To deliver the best results and face the competitive market the upgradation of HR is inevitable. Therefore, technical advances are being made in the field of human resource with time and gradually the customary HRM is being replaced by new and technically advanced HRM. This paper attempts to explore the use of Digitalized (IT) devices in HR practice i.e. change in HRM to E-HRM. E-HRM refers to an integrated, organization wide electronic network of HR information, services, devices, applications and exchanges.","PeriodicalId":112052,"journal":{"name":"Organizations & Markets: Formal & Informal Structures eJournal","volume":"62 9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128349203","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Perception Towards Adoption and Acceptance of E-Banking in Mauritius","authors":"Dr. Vani Ramesh, V. Jaunky, Heemlesh Sigh Oodit","doi":"10.2139/ssrn.3325696","DOIUrl":"https://doi.org/10.2139/ssrn.3325696","url":null,"abstract":"This study aims at understanding the customer satisfaction on adoption of e-banking services at Mauritius. This is an empirical evidence, with the help of primary data (drop off survey) and seconda ...","PeriodicalId":112052,"journal":{"name":"Organizations & Markets: Formal & Informal Structures eJournal","volume":"30 7","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"113944555","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Determinants of Dividend Policy in Indian Companies: A Panel Data Analysis","authors":"Navita Nathani, Ritu Gangil","doi":"10.2139/ssrn.3308721","DOIUrl":"https://doi.org/10.2139/ssrn.3308721","url":null,"abstract":"This article examined the determinants of the dividend policy of Automobiles companies and pharmaceuticals companies listed on Auto index and Pharma Index of the sectoral indices of national stock exchange in India. The study covers the tenure of ten years starting from 2006-2007 to 2015-2016. Static panel data model has been used for the analysis. From the literature review we identified the variables like profitability measure as Return on equity, Liquidity or cash flow, leverage (debt equity ratio), investment opportunities, dividend distribution tax, retained earnings, size of the company and sales growth of the company which affect the dividend decision of the company. The result of panel regression concludes that in automobiles sector Liquidity/Cash Flow, dividend distribution tax, investment opportunities and retained earnings are the significant factor which influence the dividend payout ratio where as in Pharmaceuticals sector profitability, debt equity ratio, sales growth and retained earnings are the significant factor for deciding dividend payout ratio.","PeriodicalId":112052,"journal":{"name":"Organizations & Markets: Formal & Informal Structures eJournal","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133436445","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Экономические циклы как трансляционная симметрия социальных систем (Business Cycles As Transmitting Symmetry Social System)","authors":"I. Togunov","doi":"10.2139/ssrn.3310258","DOIUrl":"https://doi.org/10.2139/ssrn.3310258","url":null,"abstract":"<b>Russian Abstract:</b> В статье приведено понимание формы и функции социальной организации в рамках определенной симметричной структуры. Сама организация описана универсальной симметричной моделью. Жизненный цикл организации представлен в системе пространственных координат, в которых изменяется сущность, но обеспечивается самоорганизация системы при переходе с одного уровня на другой. <br><br><b>English Abstract:</b> The article defines forms and functions of a social organization within a certain symmetric structure. An organization itself is described as a universal symmetric model. Organizational life cycle is presented in a coordinate system, where the self organization is kept from one level to another while the essence is being changed.","PeriodicalId":112052,"journal":{"name":"Organizations & Markets: Formal & Informal Structures eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129741941","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Los paradigmas de la Economía y el Neoliberalismo Económico (The Paradigms of Economics and Economic Neoliberalism)","authors":"Sergio Reuben Soto","doi":"10.2139/ssrn.3391910","DOIUrl":"https://doi.org/10.2139/ssrn.3391910","url":null,"abstract":"<b>Spanish Abstract:</b> Esta reflexión fue escrita para cuestionar el fallo de la Sala Constitucional de Costa Rica sobre la constitucionalidad de un proyecto de ley denominado Ley de Fortalecimiento de las Finanzas Públicas.1 El fallo se fundamentó en algunos estudios económicos del Ministerio de Hacienda y de investigaciones académicas (así como de algunos informes del FMI y del Banco Mundial) que argumentaban que el problema deficitario del Gobierno Central debía ser resuelto para evitar un inevitable deterioro de las condiciones económicas del país y del bienestar general de la población. Según algunos jurisconsultos (véase Walter Antillón, entre otros), la Sala en su fundamentación al Voto, consideró que no obstante tener dicha ley elementos que rozaban con algunos artículos constitucionales y preceptos jurídicos, la afectación del bien común que se argumentaba a falta de su aprobación, primaba ante esos defectos.<br><br>Ante esa situación pensamos en la necesidad de poner en su debido contexto histórico y estatus científico, la perspectiva teórica que da fundamento a las principales interpretaciones del comportamiento económico de las sociedades contemporáneas, y mostrar no sólo la ambigüedad de esta perspectiva para demostrar la eficiencia y eficacia de las relaciones que definen ese comportamiento, sino también, la dificultad para articular coherentemente la explicación del comportamiento o racionalidad de los agentes individuales (a escala microeconómica) con la lógica o racionalidad de las variables agregadas o macroeconómicas. Revelando así, su fragilidad teórica y su inconsistencia para explicar, diagnosticar y prescribir soluciones de política económica socialmente satisfactorias.<br><br><b>English Abstract:</b> This reflection was written to question the ruling of the Constitutional Chamber of Costa Rica on the constitutionality of a bill called the Law of Strengthening of Public Finances. The ruling was based on some economic studies of the Ministry of Finance and academic research ( as well as some reports from the IMF and the World Bank) that argued that the deficit problem of the Central Government should be resolved to avoid an inevitable deterioration of the economic conditions of the country and the general welfare of the population. According to some jurisconsultos (see Walter Antillón, among others), the Chamber in its founding to the Vote, considered that despite having this law elements that touched with some constitutional articles and legal precepts, the affectation of the common good that was argued in the absence of its approval, gave priority to these defects.<br><br>Faced with this situation, we think about the need to put in its proper historical context and scientific status, the theoretical perspective that gives foundation to the main interpretations of the economic behavior of contemporary societies, and show not only the ambiguity of this perspective to demonstrate the efficiency and effectiveness of the rela","PeriodicalId":112052,"journal":{"name":"Organizations & Markets: Formal & Informal Structures eJournal","volume":"292 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131609450","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Nattapat Limsiritong, A. Springall, Onkanya Rojanawanichkij
{"title":"The Difficulty of ASEAN Decision Making Mode on South China Sea Dispute: The ASEAN Charter Perspective","authors":"Nattapat Limsiritong, A. Springall, Onkanya Rojanawanichkij","doi":"10.2139/ssrn.3459315","DOIUrl":"https://doi.org/10.2139/ssrn.3459315","url":null,"abstract":"This article is written from the perspective of the ASEAN Charter to explain the difficulty of ASEAN decision making mode on South China Sea dispute by examining ASEAN Charter. It expresses that the main difficulty of ASEAN to decide the case of South China Sea dispute is the decision-making mode of ASEAN under Article 20(1) of ASEAN Charter which based on consultation and positive consensus. This dispute has separated ASEAN into two groups such as:<br><br>(1) Group of parties into a dispute which consisted of Brunei, Malaysia, Indonesia, Philippines, and Vietnam, and <br><br>(2) Group of non-parties into a dispute consisted of Thailand, Singapore, Lao PDR, Myanmar, and Cambodia. <br><br>It is difficult in practice for ASEAN Summit to make a decision based on Article 20(1) and get consensus because ASEAN Summit is composed of the heads of state of each Member State who generally take decisions based on political interests of their own, not interest of ASEAN as the whole. Article 20(1) itself creates the lockdown by the fact that the group of non-parties into dispute tried to avoid the conflict between People’s Republic of China (PRC) and the group of parties into dispute due to prevent their national interest more than ASEAN’s interest. Hence the author proposes ASEAN to revise the decision-making mode of ASEAN under Article 20(1) of ASEAN Charter or apply another way of decision-making modes such as majority vote or negative consensus (reverse consensus) for ASEAN Summit instead of consultation and positive consensus.","PeriodicalId":112052,"journal":{"name":"Organizations & Markets: Formal & Informal Structures eJournal","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133475130","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Examining the Emergence and Evolution of Blue Ocean Strategy through the Lens of Management Fashion Theory","authors":"D. Madsen, Kåre Slåtten","doi":"10.3390/SOCSCI8010028","DOIUrl":"https://doi.org/10.3390/SOCSCI8010028","url":null,"abstract":"Blue Ocean Strategy (BOS) is a management concept which prescribes that organizations, rather than going head-to-head with competitors, try to create and exploit new market spaces, so-called blue oceans. Since its inception in the mid-2000s, BOS has become one of the most popular concepts in the field of strategy and one of the biggest buzzwords in the business world. This paper examines the emergence and evolution of BOS through the lens of management fashion theory. The analysis shows that the BOS concept exhibits several characteristics which makes it highly appealing to organizations and managers. In addition, the emergence of the concept was helped by a good fit with the zeitgeist in the field of strategy during the 2000s, which had shifted to a strong focus on theories and ideas about disruptive innovation and business model innovation. The popularization of the BOS concept can also be attributed to the backing of a powerful supply-side actors, and, in particular, the concept’s creators Kim and Mauborgne. While the attention given to BOS in public management discourse suggests that the concept can currently be considered highly fashionable, evidence about the concept’s use on the demand-side remains limited. Most surveys indicate that the adoption and diffusion is lower than would be expected based on the intensity of discourse surrounding the concept. Therefore, the current study provides some support for the view that supply-side and demand-side activity related to management fashions does not necessarily coevolve.","PeriodicalId":112052,"journal":{"name":"Organizations & Markets: Formal & Informal Structures eJournal","volume":"42 3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114012347","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Behaviors of Transformational Leadership in Promoting Good Governance at the Palestinian Public Sector","authors":"M. Elmasry, N. Bakri","doi":"10.33844/IJOL.2019.60265","DOIUrl":"https://doi.org/10.33844/IJOL.2019.60265","url":null,"abstract":"Good governance is considered one of the significant requirements for development and competency in the public-sector organisations. However, according to the Worldwide Governance Report, the state of Palestine has been experiencing a poor quality of governance. The motivation behind this study is to seek a more in-depth understanding of determining the role of transformational leadership in promoting the principles of good governance in the Palestinian public sector. This study employed total population sampling with data collected from 342 general managers in the government sector in Gaza strip. Partial least square of structural equation modelling was used for data analyses. Findings of the study revealed a positive and significant relationship between all transformational leadership behaviours and good governance except for inspirational motivation. Also, the findings confirmed that governments, by practising transformational leadership, that, in turn, results in promoting good governance. The current study has contributed to literature by introducing new empirical evidence in organisational studies of the role of transformational leadership behaviours in improving good governance especially in developing countries such as Palestine. Therefore, this study suggests that it is advisable for public organisations to invest in transformational leadership training and encourage all behaviors to improve the level of good governance.","PeriodicalId":112052,"journal":{"name":"Organizations & Markets: Formal & Informal Structures eJournal","volume":"100 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115737854","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Solidarity – from the Heart or by Force? The Failed German Leadership in the Eu's Refugee and Migrant Crisis","authors":"L. Schramm","doi":"10.2139/ssrn.3312706","DOIUrl":"https://doi.org/10.2139/ssrn.3312706","url":null,"abstract":"In 2015 and 2016, the European Union (EU) and (some of) its member states faced a very high number of asylum-seekers. Germany, which particularly was affected by this inflow, sought to ‘europeanise’ the phenomenon and to distribute the loads more evenly across the EU – but met major resistance. Contrarily to the widely held view that Germany, in recent years, had shaped European politics, it largely failed with its main policy proposals in the refugee and migrant crisis. To uncover the reasons, this contribution applies an analytical framework of political leadership and post-functionalist theory. Based on the latest academic research, relevant newspaper articles and self-conducted expert interviews, it is argued that there might have been supply of but not sufficient demand for successful German political leadership. The largely failed German leadership is illustrated by two characteristics: first, the setting-up and poor implementation of a European relocation mechanism for refugees; and second, a course correction with regards to its policy proposals by the German government itself in the course of the crisis.","PeriodicalId":112052,"journal":{"name":"Organizations & Markets: Formal & Informal Structures eJournal","volume":"62 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122117822","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Ginka Borisova, Jesus M. Salas, Andrey G. Zagorchev
{"title":"CEO Compensation and Government Ownership","authors":"Ginka Borisova, Jesus M. Salas, Andrey G. Zagorchev","doi":"10.1111/corg.12265","DOIUrl":"https://doi.org/10.1111/corg.12265","url":null,"abstract":"Research Question/Issue. Despite the benefits of privatization (i.e., divestiture of government‐owned enterprises), governments still own substantial stakes in economically important firms. Given public concern about excessive compensation and frequent government responses, this paper compares the level and structure of CEO compensation in privatized firms, including those still partially owned by governments, to firms never owned by the government. \u0000 \u0000Research Findings/Insights. Using a multinational sample of firms, we find that privatized firms have lower total CEO compensation than private firms never owned by governments. CEO equity‐linked wealth in privatized firms is less sensitive to stock performance, and equity compensation is negatively related to government ownership stakes. Privatized companies engage in less risk‐taking than nonprivatized companies, suggesting that government risk aversion could explain differences in CEO compensation. \u0000 \u0000Theoretical/Academic Implications. This study finds that the role government ownership plays in the level and structure of executive compensation is broadly consistent with pay regulations governments periodically impose. It provides empirical support for the argument that government owners are risk‐averse and associated with lower equity‐linked executive pay, which discourages CEO risk‐taking. \u0000 \u0000Practitioner/Policy Implications. This study encourages corporate boards to consider the degree of government involvement in their firms when setting CEO compensation packages and policies. Government concerns about excessive compensation may require boards to find other ways to incentivize CEOs, particularly given the weaker governance linked to state‐influenced firms. Additionally, governments should analyze their influences on CEO compensation, and how these can affect performance, when considering their ownership stakes in public companies.","PeriodicalId":112052,"journal":{"name":"Organizations & Markets: Formal & Informal Structures eJournal","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132521043","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}