International Journal of Management and Economics最新文献

{"title":"Learning by outward and inward internationalization and the outward/inward innovativeness of firms in Poland","authors":"M. Szymura-Tyc","doi":"10.2478/ijme-2020-0030","DOIUrl":"https://doi.org/10.2478/ijme-2020-0030","url":null,"abstract":"Abstract Many studies raise the issue of relationships between internationalization and innovativeness, linking them with firms’ international competitiveness. However, very few of these studies focus on the influence of internationalization on innovativeness and regard the multifaceted nature of these two concepts. The study presented in this paper is based on a holistic approach to internationalization and innovativeness. It explores the influence of the outward (e.g. exporting, outward FDI) and inward (e.g. importing, inward FDI) internationalization on the outward (product and marketing) and inward (process and organizational) innovativeness of 274 firms in Poland, adopting formative variables and a correlations analysis. The key contribution of the research is that the outward internationalization is conducive to both the outward and inward innovativeness, while the inward internationalization supports only the inward innovativeness. It shows that learning by outward and inward internationalization supports innovativeness of firms, responsible for their international competitiveness. The findings might be unique for transition and emerging economies characterized with a low degree of internationalization and innovativeness, while the holistic approach is more universal, and might bring interesting results when applied to the research of highly advanced economies.","PeriodicalId":43388,"journal":{"name":"International Journal of Management and Economics","volume":"9 1","pages":"44 - 68"},"PeriodicalIF":0.8,"publicationDate":"2021-01-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82587952","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":"Corporate board vigilance and insolvency risk: a mediated moderation model of debt maturity and fixed collaterals","authors":"Rana Yassir Hussain, Wen Xuezhou, H. Hussain, Muhammad Saad, Sikander Ali Qalati","doi":"10.2478/ijme-2020-0032","DOIUrl":"https://doi.org/10.2478/ijme-2020-0032","url":null,"abstract":"Abstract Studies indicate that a consistent rise in insolvency risk should be addressed at the strategic level. Vigilant boards can use leverage maturity structure as a tool to control insolvency risk. However, according to the information asymmetry theory, leverage acquisition is subject to the presence of fixed assets which can be used as collateral. The current study focuses on the relationship between board vigilance and insolvency risk, mediated by debt maturity and moderated by fixed collaterals in Pakistan based non-financial firms. A data set of 284 firms is constructed between the years 2013 and 2017. Hierarchical multiple regression analysis is used to test the proposed hypothesis using ordinary least squares (OLS) and panel corrected standard errors (PCSE) regression estimators. The results indicate that debt maturity mediates the relationship between board vigilance and insolvency risk. New information is generated about the fixed collaterals, and these negatively moderate the relationship between leverage maturity and emerging market z-score indicating inefficiency in the usage of fixed assets as collaterals. These results are robust to both regression techniques confirming that the non-productive fixed collaterals overshadow the positives of tangible assets in asset structure.","PeriodicalId":43388,"journal":{"name":"International Journal of Management and Economics","volume":"141 1","pages":"14 - 33"},"PeriodicalIF":0.8,"publicationDate":"2021-01-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73446352","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":"An investigation of brand equity dimensions and customer retention: A perspective of postpaid telecom subscribers in Lagos State, Nigeria","authors":"Ladipo Patrick Kunle, R. A. Ganiyu, Peace Nkechi","doi":"10.2478/ijme-2020-0029","DOIUrl":"https://doi.org/10.2478/ijme-2020-0029","url":null,"abstract":"Abstract This study investigates brand equity dimensions and customer retention of the Nigerian telecommunications industry. Cross-sectional research design was adopted to survey 368 postpaid subscribers. The respondents were selected through multistage sampling techniques. The four dimensions of brand equity (brand awareness, brand association, perceived quality, and brand loyalty) were found to be correlated with one another and with overall brand equity. Similarly, the four dimensions were correlated to and significantly predicted customer retention. The study concluded that improvement of all the four dimensions of brand equity is indispensably vital to customer retention in the mobile telecom industry. The study recommended that telecom operator that is desirous of sustaining high brand notch in the marketplace should intensify their effort to improve on all the four dimensions of brand equity to enhance subscribers’ retention. Findings of this study fill important gaps and contribute to the body of literature related to brand equity dimensions and customer retention from customers’ perspective.","PeriodicalId":43388,"journal":{"name":"International Journal of Management and Economics","volume":"617 ","pages":"339 - 350"},"PeriodicalIF":0.8,"publicationDate":"2020-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72504427","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":"Passing on negative interest rates","authors":"G. Stadtmann, K. Moritz, Kristin Berthold, Tobias Stadtmann","doi":"10.2478/ijme-2020-0022","DOIUrl":"https://doi.org/10.2478/ijme-2020-0022","url":null,"abstract":"Abstract Since the ECB has lowered the interest rate on deposits into negative territory, more and more commercial banks are also passing on this negative interest rate to their customers. The main aim of this paper is to answer the question under which conditions the commercial banking sector will be more or less reluctant to pass the negative deposit rate on to its private customers. We first clarify the circumstances under which demand deposits and excess liquidity arise, and what role quantitative easing plays in this context. Within a game-theoretical framework, it is derived that the pressure to pass on the negative interest rate is particularly high if there are no switching costs, and the banking market follows a Bertrand competition.","PeriodicalId":43388,"journal":{"name":"International Journal of Management and Economics","volume":"20 1","pages":"283 - 290"},"PeriodicalIF":0.8,"publicationDate":"2020-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72984116","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":"List of IJME reviewers in 2020","authors":"","doi":"10.2478/ijme-2020-0033","DOIUrl":"https://doi.org/10.2478/ijme-2020-0033","url":null,"abstract":"","PeriodicalId":43388,"journal":{"name":"International Journal of Management and Economics","volume":"48 1","pages":""},"PeriodicalIF":0.8,"publicationDate":"2020-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80359714","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":"International Brand Strategies. The Perspective of the Companies from Emerging Markets","authors":"Mirosława Pluta-Olearnik","doi":"10.2478/ijme-2020-0027","DOIUrl":"https://doi.org/10.2478/ijme-2020-0027","url":null,"abstract":"Warsaw School of Economics Press The monograph by Marzanna Witek-Hajduk touches upon issues important for the contemporary development of knowledge about international brand strategies implemented by companies from the so-called emerging economies and markets (Latin America, Asia, Africa, China, and Eastern Europe). The author concentrates on the so-called “brand orientation of a company” and its significance for the strategy of creating a strong brand with an international outreach, especially in the context of shaping the international competitiveness of entities representing an emerging economy. In general, International Brand Strategies. The Emerging Markets Perspective is an extensive study of a total of 355 pages, including an Introduction, five chapters, a Conclusion, and the corresponding tables. The layout of the publication is neat – the chapters have a clearly defined subject matter and an intelligible internal structure. Certainly, the rich bibliography is worth highlighting as in large part it contains publications by foreign authors and documents the author’s excellent knowledge of the international achievements in the examined area. With regard to the content of the individual parts of this extensive monograph, one needs to emphasize the logic and legibility of the argumentation noticeable in the internal layout of the publication. First, in the introduction to the book, the author formulates an ambitious set of research goals (theoretical, empirical, methodical, and practical), a list of research questions, and a group of research hypotheses concerning the realization of the empirical goal. There is also a diagram showing the subsequent stages of research carried out by the author, which is a good preparation for the further reading of this original work. The first three chapters of Marzanna Witek-Hajduk’s monograph are of a theoretical and cognitive nature and contain a full identification of the challenges for companies representing Eastern markets, in terms of creating international product brand strategies. The author directs the reader’s attention to the new problem of brand management on the international market in the context of the resource management concept and the concept of a company’s dynamic capabilities. It should be agreed that the main challenge for companies from the emerging markets is to adapt their internationalization strategies to their resources and competitive advantages, and to create or acquire key resources and capabilities, including brand management in foreign markets. In Chapter 1, Brand and Enterprise Competitiveness, the author discusses, among other things, the potential of the brand as a source of competitive advantage in foreign markets, the elements of the brand orientation model and their relation to the performance of the brand and the organization, as well as the problem of international brand management in the context of the resource management concept and the dynamic capabilities concept o","PeriodicalId":43388,"journal":{"name":"International Journal of Management and Economics","volume":"8 1","pages":"370 - 371"},"PeriodicalIF":0.8,"publicationDate":"2020-11-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81335715","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 association between disclosures on control system over financial reporting and mechanisms of corporate governance: Empirical evidence from Germany and Poland","authors":"J. Gad","doi":"10.2478/ijme-2020-0028","DOIUrl":"https://doi.org/10.2478/ijme-2020-0028","url":null,"abstract":"Abstract The aim of the research was to determine the impact of selected corporate governance mechanisms on the scope of disclosures related to control system over financial reporting in Poland and Germany. The research group comprised of companies from the Warsaw WIG 30 index and the German DAX index in 2013. The disclosures were measured by the number of detailed disclosures about control system over financial reporting presented by the surveyed companies. The research results indicate that selected corporate governance mechanisms affect the scope of disclosures regarding the system of control over financial reporting. It was found that the number of supervisory board committees and the number of meetings of the supervisory board have a significant positive influence on the scope of disclosures regarding control over financial reporting. But, the increase in number of meetings of the audit committee has a significant negative impact on the scope of disclosures regarding control over financial reporting. The results of the research also indicate the role of national determinants of the scope of disclosures. The study was a comparative one nature and was conducted among companies from developed and developing capital markets.","PeriodicalId":43388,"journal":{"name":"International Journal of Management and Economics","volume":"45 1","pages":"351 - 369"},"PeriodicalIF":0.8,"publicationDate":"2020-11-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85782607","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":"Does industry matter? Drivers and barriers for open innovation in high-tech and non-high-tech industries—Evidence from Poland","authors":"Patryk Dziurski, Agnieszka Sopińska","doi":"10.2478/ijme-2020-0024","DOIUrl":"https://doi.org/10.2478/ijme-2020-0024","url":null,"abstract":"Abstract Firms adopt open innovation for different reasons, and they experience various barriers for open innovation. Thus, the paper aims to answer two questions: (1) what type of drivers and barriers for open innovation that are to be identified among innovative firms in Poland and (2) what kind of differences in motives and barriers between high-tech and non-high-tech industries can be identified. The authors analyzed drivers and barriers for open innovation drawn from a survey database of on 122 innovative firms in Poland by means of the CATI method. The study confirms that the concept of open innovation is adopted in high-tech as well as non-high-tech industries. The study also shows that the most important drivers in high-tech and non-high-tech industries are market-driven motives, whereas the most important barriers are related to legal and financial factors. Moreover, the research does not confirm that there are different drivers and barriers between in high-tech and non-high-tech industries.","PeriodicalId":43388,"journal":{"name":"International Journal of Management and Economics","volume":"452 1","pages":"307 - 323"},"PeriodicalIF":0.8,"publicationDate":"2020-11-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76790094","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 of formal and informal institutions by entrepreneurs in China, Morocco, and Germany – A cross-cultural pilot study","authors":"Rainer Busch, Karim Gassemi, Julie Papastamatelou, Alexander Unger, Christian May","doi":"10.2478/ijme-2020-0026","DOIUrl":"https://doi.org/10.2478/ijme-2020-0026","url":null,"abstract":"Abstract Introduction and Aims Entrepreneurship and the business environment, in general, are being influenced by the existence of formal and informal institutions. This study focuses on the negative versus positive perceptions of Moroccan, Chinese, and German entrepreneurs to formal and informal institutions, and the associations of these perceptions with self-efficacy and market versus network orientation of the business environment. Methods In a sample of n = 319 female and male entrepreneurs, we have examined similarities and differences in the perception of informal and formal institutions and their effects on self-efficacy and business strategy, while conducting t-tests and linear regressions. Results In all three cultural contexts, both formal and informal institutions play a significant role because of different reasons. Conclusion The nature of entrepreneurship is complex as both formal and informal institutional factors are differently associated with businesses. The results could enhance the understanding regarding the coexistence of formal or informal institutions within the business environments of different countries and the connections between business orientation and self-efficacy.","PeriodicalId":43388,"journal":{"name":"International Journal of Management and Economics","volume":"26 1","pages":"324 - 338"},"PeriodicalIF":0.8,"publicationDate":"2020-11-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81755684","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 significance of intellectual capital in strategies of transnational corporations","authors":"Magdalena Rosińska-Bukowska","doi":"10.2478/ijme-2020-0025","DOIUrl":"https://doi.org/10.2478/ijme-2020-0025","url":null,"abstract":"Abstract Objective This study is an attempt to identify crucial assets of intellectual capital (IC) of transnational corporations (TNCs). The author identifies key assets each of the IC layers: organizational, innovative, and institutional. Examining these complex constructions of IC and its comprehensive influence on achieving competitive advantage is justified as the topic has been investigated rarely till now. Methods The paper presents literature review and the results of an authorial survey (252 corporations). The author used the following methodology concepts: the Grounded Theory Method, the Social Network Analysis, and the Multidimensional Statistical Analysis. Findings The results of the conducted analysis do sustain the postulated hypothesis that the main pillars constituting the intellectual capital of the most powerful transnational corporations (leaders) are the same in terms of the core irrespective of the type of industry. Based on the conducted research, the author points to the three key requirements for each of three IC layers (organizational, innovative, and institutional). Practical implication The proposed model of layers of intellectual capital may be used to identify the relationship in question, or its lack of relationship, in other types of international business. Furthermore, the study results provide guidelines for executives of corporations with respect to intellectual capital management. Originality/value It is a new, original proposal for measurement and presentation of the relationship between international competitiveness of transnational corporations and their intellectual capital efficiency (pillars of IC-layers).","PeriodicalId":43388,"journal":{"name":"International Journal of Management and Economics","volume":"82 1","pages":"291 - 306"},"PeriodicalIF":0.8,"publicationDate":"2020-11-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83921554","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}