European Business Review最新文献

{"title":"Linking hotel environmental management initiatives and sustainable hotel performance through employees’ eco-friendly behaviour and environmental strategies: a moderated-mediated model","authors":"S. Rehman, Hamzah Elrehail, Dana AlShwayat, Blend Ibrahim, Rachid Alami","doi":"10.1108/ebr-05-2022-0094","DOIUrl":"https://doi.org/10.1108/ebr-05-2022-0094","url":null,"abstract":"\u0000Purpose\u0000The purpose and current research objective is to determine sustainable hotel performance through hotel environmental management initiatives (HEMI) with the mediating influence of employee’s’ eco-friendly behaviour (EEB), and to determine the moderating role of environmental strategies (ES) in the relationship between HEMI and EEB.\u0000\u0000\u0000Design/methodology/approach\u0000A total of 95 five-star hotels were contacted, with data collected from only 30 of them. The study used only 433 questionnaires for the final analysis with SPSS 25.0 and SmartPLS 3.2.8.\u0000\u0000\u0000Findings\u0000The results revealed that HEMI is positively associated with sustainable hotel performance and with EEB. EEB is positively associated with sustainable hotel performance. ES significantly influence EEB, and significantly strengthen the relationship between HMEI and EEB. EEB significantly mediates the relationship between HEMI and sustainable hotel performance.\u0000\u0000\u0000Practical implications\u0000The current research highlights a significant issue: how the management of the hotel industry uses HEMI, ES and EEB to improve sustainable performance. The study fills the gap in the literature and enables hotel management to concentrate on studying exogenous variables to increase sustainable performance.\u0000\u0000\u0000Originality/value\u0000The current research contributes to the body of knowledge by concentrating on factors that influence sustainable hotel performance. It examines HEMI influence on sustainable performance with moderating (ES) and mediating (EEB) effects, from the leans of natural resource-based view (RBV) theory.\u0000","PeriodicalId":47867,"journal":{"name":"European Business Review","volume":" ","pages":""},"PeriodicalIF":4.2,"publicationDate":"2023-01-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44191123","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 effectiveness of sustainability social marketing use of fear and guilt appeals to influence the behavioural intention of millennials","authors":"L. V. van Breda, M. Terblanche-Smit, Theuns G. Pelser","doi":"10.1108/ebr-05-2022-0080","DOIUrl":"https://doi.org/10.1108/ebr-05-2022-0080","url":null,"abstract":"\u0000Purpose\u0000This study aims to understand if the appeals often used in social marketing, namely, fear and guilt, are effective in changing South African millennials’ intention to behave more pro-environmentally.\u0000\u0000\u0000Design/methodology/approach\u0000A primary quantitative research method was followed with a between-subject experimental design approach. The treatment took the form of fear- and guilt-based sustainability advertisements. Questions were asked in the form of a survey with the determinants of the theory of planned behaviour (TPB) model (i.e. attitude, subjective norm and perceived behavioural control) as its constructs.\u0000\u0000\u0000Findings\u0000Analysis of the collected data revealed that adding the appeal of fear or guilt to advertisements does not significantly change South African millennials’ intention to behave pro-environmentally. Furthermore, a deeper analysis of the TPB model’s determinants showed that attitude had the strongest effect on behavioural intention. Also, the use of fear or guilt in sustainability social marketing does not affect the subjective norms of South African millennials.\u0000\u0000\u0000Research limitations/implications\u0000The study offers a greater understanding of customer engagement and motivational factors in the mobile instant messaging (MIM) environment. Future studies could consider more complex relationships with customer engagement in using MIM apps focussed on a younger generation.\u0000\u0000\u0000Practical implications\u0000It is therefore recommended that to significantly increase the South African millennials’ intention to behave pro-environmentally, social marketers should use other advertising tools or appeals, namely, positive attitude change.\u0000\u0000\u0000Originality/value\u0000The results of this study represent a contribution to the limited literature on TPB determinants and how they drive behavioural intention.\u0000","PeriodicalId":47867,"journal":{"name":"European Business Review","volume":" ","pages":""},"PeriodicalIF":4.2,"publicationDate":"2023-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49516569","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 effect of formal financial accessibility on love money investment","authors":"Cristian A. Pinto-Gutiérrez, G. Romaní, Miguel Atienza","doi":"10.1108/ebr-10-2022-0210","DOIUrl":"https://doi.org/10.1108/ebr-10-2022-0210","url":null,"abstract":"\u0000Purpose\u0000This paper aims to analyse whether the degree of formal financial access in a country affects love money investment, defined as capital provided to entrepreneurs from family and friends to finance their businesses, in early-stage entrepreneurial activities.\u0000\u0000\u0000Design/methodology/approach\u0000The authors use multilevel mixed-effect regression models and an extensive database of over 700 thousand individuals from 53 countries between 2007 and 2017 taken from the Global Entrepreneurship Monitor adult population survey.\u0000\u0000\u0000Findings\u0000This paper finds that a country’s level of accessibility to bank debt and venture capital is positively associated with the likelihood of an individual becoming a love money investor. It also finds that the amount of capital invested by love money investors is positively correlated to the level of access to bank debt and venture capital. The results of this paper confirm the hypothesis of complementarity between the financial system and friends and family financing in the capital market for early-stage entrepreneurs.\u0000\u0000\u0000Originality/value\u0000This paper contributes to the entrepreneurial finance literature, particularly to a better understanding of the love money investors, an important source of funding and segment of the informal investment that is sparsely studied.\u0000","PeriodicalId":47867,"journal":{"name":"European Business Review","volume":" ","pages":""},"PeriodicalIF":4.2,"publicationDate":"2023-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48028848","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":"A dynamic capabilities approach of Industry 4.0: the experiences of managers operating in two emerging economies","authors":"O. T. K. Vu, Abel Duarte Alonso, M. A. Buitrago Solis, Samuel Goyzueta, T. Nguyen, R. McClelland, T. D. Tran, N. Nguyen, Hoa Thi Ngoc Huynh, Erhan Atay","doi":"10.1108/ebr-06-2022-0125","DOIUrl":"https://doi.org/10.1108/ebr-06-2022-0125","url":null,"abstract":"\u0000Purpose\u0000The purpose of this study is to examine the implementation of Industry 4.0 (I4.0) through the lens of the dynamic capabilities framework. Contrary to most existing research, this study chooses a cross-national viewpoint, exploring companies operating in two emerging economies.\u0000\u0000\u0000Design/methodology/approach\u0000Semi-structured interviews were conducted with 80 company managers operating in eight industries in Vietnam and Bolivia. The chosen inductive analysis was supported by qualitative content analysis and data structure.\u0000\u0000\u0000Findings\u0000The analysis reveals 13 conceptual dimensions. For instance, sensing opportunities underlines tangible and intangible “direct prospects”, such as enhanced accuracy, speed and cost effectiveness, whereas “operational management pressures” (sensing threats) identify the dilemma of changing individuals’ mindset, recruitment and addressing financial needs. While there is an overall agreement in key dimensions, differences between managers from both countries also arise, including staff’s adaptation and constant upskilling.\u0000\u0000\u0000Originality/value\u0000Empirically, this study responds to calls for cross-national studies investigating I4.0 initiatives. In doing so, the data gathered from company managers engaged in business in emerging economies afford new perspectives, with practitioner value. Theoretically, the numerous dimensions emerging from the data analysis provide useful conceptual insights to understand managerial aspects in considering and adapting to I4.0 expectations and requirements. These insights are reinforced by the development of a conceptual model that illuminates the initiatives, efforts and challenges of embracing this phenomenon.\u0000","PeriodicalId":47867,"journal":{"name":"European Business Review","volume":" ","pages":""},"PeriodicalIF":4.2,"publicationDate":"2022-12-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47408126","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 determinants of profitability in non-financial UK SMEs","authors":"Iman Youssef, Charbel C. Salloum, Maher Al Sayah","doi":"10.1108/ebr-09-2022-0173","DOIUrl":"https://doi.org/10.1108/ebr-09-2022-0173","url":null,"abstract":"\u0000Purpose\u0000The purpose of this study is to examine determinants of profitability of non-financial firms listed small- and medium-sized enterprises (SMEs) in the UK from 2012 till 2020. It has been argued that profitability plays a key role in economic development and growth. Despite the important role that SMEs play in developed economies like UK, academic research into SMEs profitability determinants in developed countries is not extensive.\u0000\u0000\u0000Design/methodology/approach\u0000The methodologies used include dynamic panel data estimation techniques. Relationship of nine independent variables with profitability was examined. Two models are created using return on assets (ROA) and return on equity (ROE) as dependent variables. Size, age, efficiency, working capital, liquidity, leverage and volatility of the firm represent firm-specific independent variables. Two macroeconomic variables, namely, gross domestic product and inflation are also used as independent variables. Data obtained from Thomson Reuters Data Stream for 93 listed SMEs companies in the UK from 2012 to 2020. Fixed effects, random effects and generalized method of moments were used in data analysis.\u0000\u0000\u0000Findings\u0000All variables showed significant influence on profitability, except liquidity reflecting insignificant impact on profitability in two regression models conducted for 93 firms under study. Efficiency, liquidity and leverage are the only three independent variables with similar impact on both ROA and ROE.\u0000\u0000\u0000Practical implications\u0000Identifying determinants of profitability will help stakeholders and corporate executive make sound decisions to ensure sustainability and stability at the firm level. This is particularly important given the key role played by SMEs in economic development and growth. The findings of this study would help direct financial management practices to ensure a favorable sustainable organizational performance.\u0000\u0000\u0000Originality/value\u0000This study differs from previous studies that focused mainly on developing countries; with limited research conducted on profitability of SMEs in developed economies. To the best of the author’s knowledge, this is the first study to examine factors influencing profitability of SMEs in UK. Previous studies concentrated on service sector like insurance and hotel firms.\u0000","PeriodicalId":47867,"journal":{"name":"European Business Review","volume":" ","pages":""},"PeriodicalIF":4.2,"publicationDate":"2022-11-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46432803","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":"Building competitive advantages and business success: the role of learning orientation, reward systems and entrepreneurial orientation","authors":"R. Correia, José G. Dias, M. Teixeira, Susana Campos","doi":"10.1108/ebr-03-2022-0051","DOIUrl":"https://doi.org/10.1108/ebr-03-2022-0051","url":null,"abstract":"\u0000Purpose\u0000The complexity of the firm’s external environment, with its constant changes, forces managers to develop novel strategies that can meet new strategic needs. The purpose of this study is to examine the role of reward systems (RSs) in strategic management, as well as their relationship to learning and entrepreneurial orientation (EO), commonly referred to as the driving force behind growth, competitive advantages (CAs) and improved performance. It also focuses on the study of the relationship between EO and business performance (BP), the introduction and testing of the possible antecedents of this relationship and potential mediating factors.\u0000\u0000\u0000Design/methodology/approach\u0000A conceptual model was tested on a sample of 1,190 Portuguese firms using a structural equation model.\u0000\u0000\u0000Findings\u0000It is shown for the first time that learning orientation (LO) is an antecedent of the RSs and, subsequently, of EO. Additionally, the CAs of differentiation and cost leadership play a mediating role in the relationship between EO and BP. Furthermore, RSs are also a driving force behind both CAs.\u0000\u0000\u0000Originality/value\u0000This study makes several empirical and theoretical contributions, addressing the gap in the literature about the role of RSs in strategic management. It tests the relationship between LO and the firm’s performance by taking the mediating effects of RSs, EO and CAs into account. Additionally, we discuss LO as an antecedent strategic variable of human resources practices, in particular, RSs. Finally, we broaden the scope of our research by examining these issues in the context of Portuguese SMEs from different industries.\u0000","PeriodicalId":47867,"journal":{"name":"European Business Review","volume":" ","pages":""},"PeriodicalIF":4.2,"publicationDate":"2022-11-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46285320","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":"Factors affecting entrepreneurial intention among the rural population in India","authors":"Jabir Ali, Muqbil Burhan, Zakia Jabeen","doi":"10.1108/ebr-05-2022-0082","DOIUrl":"https://doi.org/10.1108/ebr-05-2022-0082","url":null,"abstract":"\u0000Purpose\u0000This paper aims at examining the factors affecting entrepreneurial intention (EI) among the rural adult population in India using the social cognitive theory (SCT).\u0000\u0000\u0000Design/methodology/approach\u0000This study is based on the Adult Population Survey of the Global Entrepreneurship Monitor of 2017, covering 1,397 rural respondents from India. The data has been analysed using simple techniques such as Chi-square statistics, correlation and logistics regression.\u0000\u0000\u0000Findings\u0000About 16% of the rural adults have reported EI in India. A significant relationship emerged between the demographics of rural adults with and without intention towards entrepreneurship. Finally, the regression model representing two components of the SCT, that is, confidence towards entrepreneurship and outcome expectations from entrepreneurship, showed a significant impact on EI among the rural population when controlled by family size and working status.\u0000\u0000\u0000Practical implications\u0000This paper provides insights on factors affecting EI among rural adults, which can help in developing a policy framework for promoting new ventures among rural entrepreneurs. The result of the analysis indicates that the rural population need to be imparted the necessary skills to gain confidence in entrepreneurship, which should be aligned with the outcome expectations of the entrepreneurs.\u0000\u0000\u0000Originality/value\u0000This piece of research can be valuable for different stakeholders in adopting inclusive entrepreneurial initiatives. Moreover, entrepreneurship in rural areas has not gained much attention among scholars, and this study is intended to provide future research motivation.\u0000","PeriodicalId":47867,"journal":{"name":"European Business Review","volume":" ","pages":""},"PeriodicalIF":4.2,"publicationDate":"2022-10-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42818139","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":"Drivers for agility in times of crisis","authors":"M. C. Solheim, T. Aadland, Ann Elida Eide, D. H. Haneberg","doi":"10.1108/ebr-01-2022-0014","DOIUrl":"https://doi.org/10.1108/ebr-01-2022-0014","url":null,"abstract":"\u0000Purpose\u0000Agile organisations do not arise from a single characteristic but comprise a combination of various aspects. Thus, this study aims to examine the combined effects on organisational agility regarding firms’ utilisation of digital technology to create value during the COVID-19 pandemic, how firms perceive uncertainty related to their own organisational response and the degree to which they have an entrepreneurial mindset.\u0000\u0000\u0000Design/methodology/approach\u0000Using a fuzzy-set qualitative comparative analysis, this study investigates 355 established firms and start-ups in Norway.\u0000\u0000\u0000Findings\u0000This study finds digitalisation is required for agility to develop, but that it needs to be combined with having an entrepreneurial mindset or being a start-up and lower levels of perceived uncertainty. Hence, entrepreneurial mindset and low uncertainty are important factors for digitalisation, and in turn, for agility to be developed.\u0000\u0000\u0000Originality/value\u0000Agility is recognised as being pivotal for firms’ competitiveness and innovation and argued to be significant in overcoming sudden economic shocks. However, lacking empirical scrutiny are investigations into the relationship between digitalisation and agility, and how digitalisation might act as a driver for building agility, which the authors tackle herein.\u0000","PeriodicalId":47867,"journal":{"name":"European Business Review","volume":" ","pages":""},"PeriodicalIF":4.2,"publicationDate":"2022-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44552284","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":"Perceived barriers and entrepreneurial exit intentions: moderating role of regular versus sustainable entrepreneurship","authors":"Subhan Shahid","doi":"10.1108/ebr-03-2022-0053","DOIUrl":"https://doi.org/10.1108/ebr-03-2022-0053","url":null,"abstract":"\u0000Purpose\u0000This study aims to untangle how perceived barriers provoke entrepreneurial exit intentions during an entrepreneurial engagement. Drawing on the social cognitive theory (SCT), the study also theorizes the mediating role of self-efficacy and moderating effects of the nature of entrepreneurship activity (regular versus sustainable entrepreneurship) on the barriers–exit relationship.\u0000\u0000\u0000Design/methodology/approach\u0000The survey data were collected from 302 entrepreneurs in the UK in two waves using a time-lagged method and analyzed through the structural equation modeling technique\u0000\u0000\u0000Findings\u0000The results indicate that perceived barriers positively related to entrepreneurial exit intentions, whereas self-efficacy served as an effective intervening mechanism to untangle the barriers–exit relationship. In addition, consistent support was found for the moderating role of the nature of entrepreneurship activity for the hypothesized relationships.\u0000\u0000\u0000Practical implications\u0000The investigation unfolds that perceived barriers lead entrepreneurs to stimulate exit intentions. Therefore, it is recommended that all the stakeholders, including government, industries and academia, must collaborate and provide a favorable institutional environment where sustainable entrepreneurship can thrive and nourish.\u0000\u0000\u0000Originality/value\u0000Unlike studies that exhibited perceived barriers as an inhibitor to entrepreneurial intentions, the study theorizes the relevance of perceived barriers during entrepreneurial engagement and demonstrates how it determines entrepreneurial exit intentions. The study also comprehends the exiting knowledge by underpinning the SCT construct self-efficacy as an intervening factor in explaining the barriers–exit relationship.\u0000","PeriodicalId":47867,"journal":{"name":"European Business Review","volume":" ","pages":""},"PeriodicalIF":4.2,"publicationDate":"2022-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48679148","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":"Impacts of managerial capabilities on perceived international performance: mediating role of international opportunity-driven behavior","authors":"A. Tabares, Juan-Fernando Tavera, Claudia Patricia Álvarez Barrera, M. Escobar-Sierra","doi":"10.1108/ebr-03-2021-0077","DOIUrl":"https://doi.org/10.1108/ebr-03-2021-0077","url":null,"abstract":"\u0000Purpose\u0000This study aims to examine the relationship between managerial capabilities, international opportunity-driven behavior and perceived international performance at an individual-level analysis.\u0000\u0000\u0000Design/methodology/approach\u0000A conceptual model is tested using data collected from 190 managers of international ventures from Colombia, an emerging economy in Latin America. Partial least squares structural equation modeling is used to analyze the data.\u0000\u0000\u0000Findings\u0000The findings reveal that international opportunity-driven behavior of individuals becomes a mediating managerial capability to achieve international performance under evolving and changing conditions. The results show three managerial capabilities are key drivers when pursuing international opportunities. Different from what the internationalization research claims, this study reveals that some hypotheses about the relationship between some managerial capabilities and perceived international performance are not confirmed in the context of an emerging economy.\u0000\u0000\u0000Research limitations/implications\u0000The specific limitations of the study open avenues for future research. However, the authors propose five research avenues to improve the generalizability of the results.\u0000\u0000\u0000Practical implications\u0000This study provides managers, entrepreneurs and policymakers suggestions. Thus, the authors offer a repertoire of managerial capabilities that emerging market entrepreneurs should develop to pursue opportunities across borders and achieve international performance.\u0000\u0000\u0000Social implications\u0000Managers should develop social capital capabilities by establishing networks with other relevant organizations and business partners, both in the domestic and international markets, to leverage enough knowledge that helps them to overcome the liability of newness and foreignness.\u0000\u0000\u0000Originality/value\u0000This study contributes to the knowledge by examining international opportunity-driven behavior at an individual-level analysis and bringing emerging economies as new contexts that may enrich the international business and international entrepreneurship literature.\u0000","PeriodicalId":47867,"journal":{"name":"European Business Review","volume":" ","pages":""},"PeriodicalIF":4.2,"publicationDate":"2022-08-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48589636","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}