Journal of Intercultural Management最新文献

{"title":"Audit Committee’s Characteristics and the Cost of Debt","authors":"Inês Borges Santos, Inês Pinto, A. Morais","doi":"10.2478/joim-2023-0003","DOIUrl":"https://doi.org/10.2478/joim-2023-0003","url":null,"abstract":"Abstract Objective This paper examines the association between audit committee characteristics and the cost of debt, with the aim of gaining new insights on how this corporate governance mechanism contributes to the reduction of debt costs. Methodology Using a sample of FTSE 100 companies listed in 2018 and 2019, our study investigates how audit composition and characteristics, such as financial and industry expertise, gender, tenure and diligence affect audit committees’ oversight role, and therefore the impact on the companies’ level of risk and the cost of debt. Findings The results show that overall audit committee’s characteristics do not impact the corporate cost of debt, except for the gender of the audit committee’s chair. Companies with audit committees managed by a chairwoman experience a lower cost of debt. The results also confirm that external auditors influence the cost of debt. As additional test, we conducted a principal component analysis to construct a corporate governance index of audit committee´s characteristics, and we obtained similar results. Overall, the study results seem to suggest that the cost of debt is more significantly influenced by external auditors than by the characteristics of the audit committee. Value Added This paper contributes to the literature on corporate governance by showing how audit committees characteristics affect the cost of debt. Recommendations This study improves the understanding of the way debtholders may assess audit committee’s characteristics and auditors when assessing companies’ financial risk and the corporate cost of debt.","PeriodicalId":302686,"journal":{"name":"Journal of Intercultural Management","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124539159","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":"The Efficiency of Sustainability Engagement Reported by Banks in Poland, Croatia and Romania","authors":"J. Fijałkowska, I. Sačer, Beata Zyznarska-Dworczak, M. Sandulescu, Przemysław Garsztka, Daša Mokošová","doi":"10.2478/joim-2023-0004","DOIUrl":"https://doi.org/10.2478/joim-2023-0004","url":null,"abstract":"Abstract Purpose This study aims to verify the efficiency of economic, organisational, social and environmental dimensions of sustainability performance. Methodology Disclosure analysis and 2-stage data envelopment analysis (DEA) examining the efficiency of sustainability engagement of listed banks in Poland, Croatia, and Romania disclosed in the annual and CSR/sustainability reports for 2015–2018. Findings There are apparent differences between the efficiency of sustainability engagement in the banking sectors of the three countries examined in the study. Banking sectors in all these countries are on different stages of their paths to value creation via the efficiency of sustainability engagement. Practical implications The results of this study may help compare sustainability engagement and understanding of the further directions of sustainable development in the banking sector in both the analysed and other countries, as well as in other institutions from other sectors. These results may be important for the decision-makers in determining the actions focused on improving efficiency on the way to value creation. Originality/value Since only a limited number of studies examine the efficiency of sustainability engagement, especially in CEE countries, little is known about value creation, understood as the efficient use of the resources and activities concerning sustainability. This paper contributes to filling in this gap. It also proposes an alternative approach, analysing the relationship between sustainability engagement and value creation based on efficiency rather than on the direct impact on financial results giving ambiguous results. This approach may be extended to different sectors and other countries.","PeriodicalId":302686,"journal":{"name":"Journal of Intercultural Management","volume":"2015 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121332319","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":"Can a Vlogger Help to Build Brand Awareness? The Impact of Vloggers on Customers’ Attitude towards Brand Advertisement and Purchase Intention","authors":"J. Santiago, Xiaolin Su","doi":"10.2478/joim-2023-0001","DOIUrl":"https://doi.org/10.2478/joim-2023-0001","url":null,"abstract":"Abstract Objective This study derives from the postulates of the theory of reasoned action (Fishbein & Ajzen, 1975) and the theory of planned behaviour (Ajzen, 1991) to explore the impact of vloggers on customers interested in beauty products. Particularly, this study examines whether the attitude toward vlogger’s recommendations impacts the attitude toward the brand advertisement, and what their influence on consumers’ purchase intention is. Methodology This study applies a cross-sectional mono method of quantitative analysis. The data collection was assisted with the use of survey by questionnaire built on Qualtrics and distributed in China. We use partial least squares structural equation modelling to analyse the data and test the proposed hypothesis. Findings Vloggers have a considerable impact on customer perceptions due to their proximity to customers who often portray vloggers as ‘friends’ and value their opinions. This study shows that it is not the perceived usefulness of shared information or vloggers trustworthiness that matter when forming the followers’ attitude towards vloggers, but more attention should be given to information quality and the perceived benefits of information derived from vlogs. The strongest relationship in this study showed to be the one between the attitude towards a vlogger and the attitude towards a brand, which emphasizes the importance that content creators can have in building brand awareness. Value added This article provides a clear picture on exploring the impact of vloggers on customer perceptions. The results of the research can be used to guide companies on how to use vloggers in their marketing campaigns. Recommendations Considering the growth of social media and the various forms of content available, the companies should know how to apply those new media in their marketing strategies. As the importance of traditional media seems to decline, mostly among younger generations, those new medias are growing, and their application brings new opportunities and challenges.","PeriodicalId":302686,"journal":{"name":"Journal of Intercultural Management","volume":"303 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114951410","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":"Exploring Diversity Management to Avoid Social Washing and Pinkwashing: Using Bibliometric Analysis to Shape Future Research Directions","authors":"Federico Lanzalonga, Federico Chmet, Basilio Petrolo, V. Brescia","doi":"10.2478/joim-2023-0002","DOIUrl":"https://doi.org/10.2478/joim-2023-0002","url":null,"abstract":"Abstract Objectives The Sustainable Development Goals (SDGs) have been a significant focus of environmental, social and governance sustainability research. Diversity management is one of the challenges faced by corporate governance in achieving SDG 4, 5, 8, and 10. However, rapid demographic changes in the global workforce create significant challenges for human resource development professionals when focusing on diversity management. This paper aims to define the different perspectives of diversity management to avoid sustainability distortions such as social washing and pinkwashing, which promote the perception that policies or products of a given company are socially responsible. Methodology The analysis of the existing literature can provide the information necessary to answer the research questions using rigorous scientific research methods. In the present study bibliometric analysis was used to enable a thorough and reliable analysis of knowledge on the topic and the identification of future progress. Bibliometric analysis was used to investigate the final pool of 126 peer-reviewed articles. Findings Contributions include advancing the understanding of diversity management, highlighting the dominance of communication bias, and strengthening the connection between social sustainability and the individual by identifying social exchange theory as a tool for explaining the ongoing changes in corporate governance. Value added The paper aims to answer research questions related to the journals relevant to the study of diversity management, the geographical structure of the research flow on diversity management, and the possible implications for future research on this topic. Recommendations In light of the clusters identified, it is recommended that forthcoming researchers explore the fitting theories that can be used to elucidate the phenomenon of diversity management. In addition, interdisciplinary research can facilitate a deeper understanding of issues concerning identity and gender, thereby enhancing the knowledge of diversity among managers. The paper recommends that future studies emphasize the differences in diversity management between national and multinational companies expanding the knowledge by conducting multiple case studies.","PeriodicalId":302686,"journal":{"name":"Journal of Intercultural Management","volume":"29 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115576423","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":"UE Organizational Identity. From the Motto Veritate Concordia to Neo-bureaucratic Management","authors":"Justyna Dziedzic","doi":"10.2478/joim-2022-0008","DOIUrl":"https://doi.org/10.2478/joim-2022-0008","url":null,"abstract":"Abstract Objective: The concept of organizational identity appears mainly in the context of a symbolic-interpretive view of an organization’s functioning in its many dimensions. This article aims to analyze to what extent previous knowledge about the existence of an EU organizational identity is a distinct category in the context of neo-bureaucratic management. It seems particularly interesting to draw attention to the identity context in organizations operating under intercultural management conditions. Their character and disposition may be more complex than in the case of homogeneous organizations. For this reason, the European Union is asking itself questions about its identity in the context of cultural unification and policy issues, and management solutions related to the institution’s functioning at many levels. Therefore, it seems interesting to draw attention to these issues in light of the different contexts of influence. One is the neo-bureaucratic view of the EU institutions’ governance dimensions, which should be regarded as complex organizational identities. They are subject to the modern influence of management visions and benefit from intercultural management processes’ achievements. The EU’s supranational structure, influenced by bureaucratic organizational arrangements, speaking the language of diplomacy, and setting policy for the Member States, constitute a unique organizational identity globally, which is worth verifying through the prism of neo-bureaucratic influences and cultural conditions of European identity. Methodology: The article is based on a critical analysis of literature dealing with the sense of European Union organizational identity. Provided a theoretical background on orgzniataional identity in neo-bureaucratic management on a European level. Findings: In its institutional dimension, the European Union faces the dilemma regarding its own identity due to diplomatic disputes over cultivating indigenous cultures and diversity. It is, therefore, a rare phenomenon on the world stage of supranational institutions. Its procedural nature and purpose are also important to harmonize the Member States’ various policies. It is already possible to outline its unique organizational identity. However, it cannot be transferred to territorial and social land, as Europe cannot be a hybrid of cultures or unify its perspective in the face of historical pasts and ethnic representations. Value Added: Critical discourse on the theory of bureaucratic management and organizational identity. Presentation of the role of European Union identity in management process and giving the organization common values that solidify its form. Recommendations: Neo-bureaucratic management is an interesting phenomena to explore in cross-cultural discourses. There are several directions for analysis: forms of modern bureaucracy based on practices drawn from the experience of corporations; abuse of the power of supranational organisations; network manag","PeriodicalId":302686,"journal":{"name":"Journal of Intercultural Management","volume":"307 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124060138","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":"Impact of the Covid-19 Pandemic on the Standing of Companies Listed on the Warsaw Stock Exchange","authors":"Rafał Jóźwicki","doi":"10.2478/joim-2022-0014","DOIUrl":"https://doi.org/10.2478/joim-2022-0014","url":null,"abstract":"Abstract Objective The impact of the Covid-19 pandemic can be observed in many aspects of the functioning of people, economic entities, organisations and countries. One of the areas where this phenomenon has left its mark remains the stock markets. Company listings are influenced by both investor emotions and the economic and financial condition of individual companies. The aim of this study is to assess the impact of the Covid-19 pandemic on individual industries represented by companies listed on the Warsaw Stock Exchange. Methodology In order to achieve this goal, an analysis was made of the value of changes in the so-called sector indices in the period from the beginning of 2020 to the end of the first half of 2022. This approach to the study will make it possible to determine which industries were most significantly affected by the economic change and what the nature of the possible change was. Quarterly data was used in the research. Findings The results obtained made it possible to note that among the thirteen analysed sectors, we can observe those that lost their value as a result of the Covid-19 pandemic (WIG-medicines, WIG-food, WIG-banks, WIG-clothing), but also those that significantly increased their value in the period under study (WIG-motorisation, WIG-construction, WIG-energy, WIG-IT). Value Added The study conducted will allow for a better understanding of how investors react to crisis events and how this translates into the listing of companies on the stock market. Recommendations The research results obtained require further analysis to establish deeper links between the Covid-19 pandemic and individual sectors of companies listed on the Warsaw Stock Exchange, which will be the subject of the author’s further studies.","PeriodicalId":302686,"journal":{"name":"Journal of Intercultural Management","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131860075","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":"Universities’ Involvement in Promoting Digital Entrepreneurship and Future Digital Entrepreneurship Opportunities through Digital Technologies in Indonesia","authors":"Muhammad Asif Khan","doi":"10.2478/joim-2022-0015","DOIUrl":"https://doi.org/10.2478/joim-2022-0015","url":null,"abstract":"Abstract Objectives This study aims to identify the roles of various universities in Indonesia in providing education that helps develop digital entrepreneurship: this includes the implications, contributions, and challenges of digitalization; the identification of the impact of digital entrepreneurship on businesses within Indonesia; and an examination of the opportunities and challenges for digital entrepreneurship in Indonesian universities. Methodology The research adopted a qualitative data analysis methodology. This was achieved through secondary data collection, mainly through a content review of the existing literature. Findings The study results indicate that academics have engaged in various forms of digital entrepreneurship, including e-commerce, commercial application development, and digital education business. Each step of digital academic entrepreneurship has been conceived within the context of universities. Digital academic entrepreneurship is the use of digital technology to achieve a goal, and this model includes the following components: motivation, stakeholders, processes, and business forms. Implications Universities must effectively embrace and foster digital academic entrepreneurship. According to this study, there are many ways that the government may encourage digital entrepreneurship at universities. Educational institutions have to give more thought to the growth of student businesses, particularly after firms have been established. The monitoring of student businesses should be handled by a specialized team based at universities. Limitations The main limitation was the fact that the study was limited to secondary data sources; therefore, future research should focus on primary data. Additionally, it was limited to Indonesian universities; future research should be performed on institutions in more advanced countries. Furthermore, the study used a qualitative research method; therefore, future research should use alternative research methodologies.","PeriodicalId":302686,"journal":{"name":"Journal of Intercultural Management","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121432518","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":"Consumer Attitudes towards Pro-ecological Activities in Accommodation Facilities","authors":"M. Dębski, Robert Andrzejczyk, Małgorzata Borkowska-Niszczota, A. Krawczyk","doi":"10.2478/joim-2022-0007","DOIUrl":"https://doi.org/10.2478/joim-2022-0007","url":null,"abstract":"Abstract Objective: The main aim of the article is to analyse the respondents’ attitudes towards selected pro-environmental practices of enterprises providing accommodation services and the factors conditioning their involvement in the activities implemented in the facilities. Methodology: The study is empirical in nature and is based on the results of an empirical survey that was carried out in the period December 2021–April 2022 in Poland. The survey used the diagnostic survey method, and 575 respondents took part in it. The main hypothesis assumes that customers of accommodation facilities appreciate the pro-environmental activities used in them. Findings: The survey results show that the respondents are sensitive to environmental issues and try to apply in practice the principles leading to environmental protection. They also emphasise that they would be more willing to stay in “green” facilities, although the application of sustainable development principles is not a key factor for them in choosing a facility. Value Added: The survey of 575 respondents indicated, similar to other studies, a positive attitude towards activities aimed at protecting the environment. At the same time, however, it showed that tourists are not always willing to make sacrifices during their stay related to either their comfort or the price of the service. This fact has practical implications for hotel managers and must be taken into account. Recommendations: The survey confirmed that consumers have a positive perception of environmental activities in hotels, so activity in this area can be an element of building their competitiveness.","PeriodicalId":302686,"journal":{"name":"Journal of Intercultural Management","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129956843","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":"How to Increase Motivation and Job Satisfaction – Empirical Case Study","authors":"Cidália Oliveira, A. Borges, M. Rodrigues, Rui Silva, N. Martins","doi":"10.2478/joim-2022-0016","DOIUrl":"https://doi.org/10.2478/joim-2022-0016","url":null,"abstract":"Abstract Purpose Job satisfaction is becoming increasingly important, especially since the end of the last millennium, as there are numerous organizations that have fostered its relevance to increase job-commitment in their companies. On one side, managers have to learn how to handle and to manage efficiently the dynamic capabilities and their soft skills so as to adapt the environment in which collaborators operate. On the other side, the environment is adapted by employees. Although there is a wide research in this area, there is still a gap in the literature, as the latest literature review points to adverse situations of burnout and job stress with effects on organizational commitment, mediated by job satisfaction. Bearing this highlight in mind, this paper aims to explore the current state of research related to job satisfaction and its impact on organizational performance. It intends to analyze job satisfaction of employees towards the whole organization, as well as towards organizational managers and leaders. Design/methodology/approach The first part of this paper is based on the systematic literature review, embracing scientific papers related to job satisfaction, derived from the Web of Science and from Scopus databases, mapping analysis and bibliographic coupling using the R Bibliometrix software. Furthermore, bibliographic coupling and most co-occurrent keywords in the title, keywords and abstracts were listed. The next part of the research paper is based on the questionnaire analysis; the methodology used is qualitative and exploratory in nature in order to deepen the knowledge of managers and leaders and the perceptions of employees, based on two case studies. Findings The topics covered in this study include, among other things, motivation, leadership, and influence of human resources policy, which need to be deepened in practical and ‘in-loco’ contexts. The topics have been tested empirically through questionnaires, based on which it was concluded that the overall level of employee satisfaction with the companies in which they operate is high, both as far as the organization itself and their managers are concerned. It was concluded that leaders adopt a transformational leadership style, motivating and inspiring their employees, and that employee satisfaction is related to their leaders’ attitudes and motivational factors. Originality/value This research provides deeper knowledge on an empirical area, helping to fill in the gap related to the necessity to synthesize this important knowledge area, providing the contribution of various studies in this field and paving the way to further research. The achievements of this paper open new avenues for other researchers because of the knowledge gaps identified in the existing research that lead to future research inspirations. Research limitations Unavailability of business associations in the central region (a non-profit organization to support entrepreneurs in the central region) to par","PeriodicalId":302686,"journal":{"name":"Journal of Intercultural Management","volume":"62 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134501064","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":"Family Business and Religion – Research Agenda","authors":"A. Bąkiewicz, J. Kasuma, Asep Hermawan","doi":"10.2478/joim-2022-0005","DOIUrl":"https://doi.org/10.2478/joim-2022-0005","url":null,"abstract":"Abstract Objective: The aim of the study is to find out what is our state of knowledge about the importance of religion for the activity of family businesses. The literature review on the impact of four major religions: Buddhism, Christianity, Hinduism and Islam on the family business development has been made. The issues as business development, resource allocations, risk taking, succession and business ethics in family business under the influence of religion have been discussed. The synthesis effect of the study is the picture of a specific research field. And, as a result of the study the important niches in our knowledge, main barriers of research development and most inspiring directions for future studies have been identified.","PeriodicalId":302686,"journal":{"name":"Journal of Intercultural Management","volume":"139 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125477771","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}