Business HorizonsPub Date : 2025-03-07DOI: 10.1016/j.bushor.2025.02.012
Veneta Andonova, Juana García, Angela Rivas
{"title":"Small and medium enterprises in Colombia’s journey to peace","authors":"Veneta Andonova, Juana García, Angela Rivas","doi":"10.1016/j.bushor.2025.02.012","DOIUrl":"10.1016/j.bushor.2025.02.012","url":null,"abstract":"<div><div>Private companies are expected to support the mitigation and prevention of conflict and to make significant contributions to peacebuilding in troubled parts of the world. These companies’ resources are diverse, as are their approaches to contributing to peace. Our research delves into peace studies, political science, and management literature to bring to the fore the theoretical frameworks that elucidate the role of different business organizations in peacebuilding, highlighting the contribution and strategies of small and medium enterprises (SMEs). Utilizing multiple correspondence analysis on survey data collected from businesses following the peace agreement signed between the Colombian government and the FARC-EP in 2016, we show that large companies and SMEs differ in their expectations and initiatives for peace. We explore the impact of these differences regarding several dimensions of business engagement with peacebuilding, and we report survey results, provide stylized cases, and use prior theoretical and empirical research to offer insights to harness the potential of SMEs for peacebuilding.</div></div>","PeriodicalId":48347,"journal":{"name":"Business Horizons","volume":"68 4","pages":"Pages 397-411"},"PeriodicalIF":5.8,"publicationDate":"2025-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144280244","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Business HorizonsPub Date : 2025-03-07DOI: 10.1016/j.bushor.2025.02.014
Julien Hanoteau , Jason Miklian , Ralf Barkemeyer
{"title":"Business and violent conflict as a multidimensional relationship: The case of post-Reformasi Indonesia","authors":"Julien Hanoteau , Jason Miklian , Ralf Barkemeyer","doi":"10.1016/j.bushor.2025.02.014","DOIUrl":"10.1016/j.bushor.2025.02.014","url":null,"abstract":"<div><div>The private sector and multinational companies (MNCs) have become an important part of the peace and conflict landscape. This article uses the Indonesian context to explore the foreign MNC-conflict relationship in the manufacturing sector and to add nuance to existing debates on the potential of MNCs in providing peacebuilding support via their investment or operational impacts or their potential negative effects. We analyze the effects of various dimensions of corporate investment-based presence on violent conflicts, utilizing a cross-sectional model at the district level. We find that in industrial subsectors that are upward in the value chain, intensive in raw materials, and entail low-skilled work (e.g., heavy industries, food and tobacco), foreign firm presence exacerbates local violent conflicts. Results in other sectors further down the value chain confirm the potentially positive role of MNCs in peacebuilding. These findings are also relevant to the wider CSR literature in that the relationships between host countries and MNCs in fragile or conflict-ridden areas are more complex than previously acknowledged, calling for additional research into sector-specific variances on business impacts in fragile and conflict-affected settings.</div></div>","PeriodicalId":48347,"journal":{"name":"Business Horizons","volume":"68 4","pages":"Pages 425-438"},"PeriodicalIF":5.8,"publicationDate":"2025-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144280274","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Business HorizonsPub Date : 2025-03-01DOI: 10.1016/j.bushor.2025.02.016
John Katsos, Tor Brodtkorb
{"title":"Conflict zones: New frontiers and ethical imaginations","authors":"John Katsos, Tor Brodtkorb","doi":"10.1016/j.bushor.2025.02.016","DOIUrl":"10.1016/j.bushor.2025.02.016","url":null,"abstract":"<div><div>Increasingly, multinational companies are extending their operations to countries experiencing violent conflict. Prevailing business norms—including those related to ethics—may not provide adequate guidance in these novel environments. The impact of private economic activity in conflict zones has garnered practitioner and academic attention. Practitioners’ focus on business and peace has grown, with public and private sector actors like the United Nations, Unilever, Pearson, Barrick Gold, and G4S getting involved. The academic focus on business and peace has largely focused on how and why businesses can make societies more peaceful or on the relatively narrow questions of business impact on human rights. What has received comparatively little attention, however, is the core normative question: What are the ethical obligations of private economic actors in conflict zones? This article is an initial effort to answer this question. We argue that the three major business ethics frameworks used today [i.e., (1) shareholder, (2) stakeholder, and (3) integrated social contracts (ISCT) theories] require peace promotion as an underlying requirement for multinational businesses operating in conflict zones. After a brief overview of business and peace and business ethics theories, we show that the prevailing business ethics theories are inadequate or self-defeating when applied in conflict zones without reference to peace promotion. Once peace promotion is added as an assumption or obligation, the theories regain plausibility and internal consistency.</div></div>","PeriodicalId":48347,"journal":{"name":"Business Horizons","volume":"68 4","pages":"Pages 439-459"},"PeriodicalIF":5.8,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144280275","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Business HorizonsPub Date : 2025-02-28DOI: 10.1016/j.bushor.2025.02.013
Benedicte Bull
{"title":"The rise of authoritarian capitalism: What does it mean for businesses that seek peace?","authors":"Benedicte Bull","doi":"10.1016/j.bushor.2025.02.013","DOIUrl":"10.1016/j.bushor.2025.02.013","url":null,"abstract":"<div><div>The global trend toward authoritarian regimes has significant implications for businesses’ capacity to foster peaceful societies. This article delves into this issue by first examining the concept of authoritarian capitalism. Authoritarian capitalism is characterized by a dominant economic system that favors private property and for-profit production but restricts access to finance, contracts, and investment opportunities on the basis of political loyalty to the ruling government. Economic policies and governance prioritize the regime’s desire to retain power rather than maximizing societal benefits. Furthermore, this article examines the cases of Venezuela and El Salvador, each of which have each taken distinct trajectories toward authoritarian capitalism. Despite differences in their approaches, in both cases, democratic spaces that allowed business advocacy and local initiatives have been gradually closed. Often, the closure of these democratic spaces is a condition to accessing economic opportunities. Hence, the advent of authoritarian capitalism poses deep challenges for businesses. Lastly, this article concludes by proposing ways for businesses to confront the decline of democracy and the emergence of authoritarian capitalism.</div></div>","PeriodicalId":48347,"journal":{"name":"Business Horizons","volume":"68 4","pages":"Pages 413-424"},"PeriodicalIF":5.8,"publicationDate":"2025-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144280245","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Business HorizonsPub Date : 2025-02-28DOI: 10.1016/j.bushor.2025.02.015
Kristian Hoelscher , Triphine Ainembabazi , Judith Mbabazi , Paul Mukwaya , Øystein H. Rolandsen
{"title":"“Peace is when we are working”: Insecurity and small business survival in Kampala","authors":"Kristian Hoelscher , Triphine Ainembabazi , Judith Mbabazi , Paul Mukwaya , Øystein H. Rolandsen","doi":"10.1016/j.bushor.2025.02.015","DOIUrl":"10.1016/j.bushor.2025.02.015","url":null,"abstract":"<div><div>Small businesses in the Global South are vital social and economic actors. Yet many operate in a state of precarity, navigating informality, insecurity, and contentious political contexts. Connecting small business, entrepreneurship, and political economy perspectives, this article considers how small businesses negotiate urban insecurity and political violence and the social roles they may play in supporting peace and development in rapidly urbanizing and politically contested cities. Drawing on semistructured interviews with micro, small, and medium enterprises (MSMEs), owners, and interviews with key informants in politics, business, and academia, this article examines small business agency, collective action, and experiences of insecurity in two districts in Kampala, Uganda. Our results suggest that both insecurity and peace are often conceptualized in economic and personal terms by MSMEs rather than in relation to the presence and absence of violence. Moreover, while there is some scope for collective action by MSMEs to address these conditions, they are also constrained in their agency by the broader nature of the political economy of the city. We conclude by discussing implications for urban policy and management practice.</div></div>","PeriodicalId":48347,"journal":{"name":"Business Horizons","volume":"68 4","pages":"Pages 525-539"},"PeriodicalIF":5.8,"publicationDate":"2025-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144280281","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Business HorizonsPub Date : 2025-02-13DOI: 10.1016/S0007-6813(25)00009-6
{"title":"Inside front cover - ed board","authors":"","doi":"10.1016/S0007-6813(25)00009-6","DOIUrl":"10.1016/S0007-6813(25)00009-6","url":null,"abstract":"","PeriodicalId":48347,"journal":{"name":"Business Horizons","volume":"68 2","pages":"Page IFC"},"PeriodicalIF":5.8,"publicationDate":"2025-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143396192","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Business HorizonsPub Date : 2025-01-01DOI: 10.1016/j.bushor.2024.01.003
Anatoliy Kostruba
{"title":"Managing foreign business operations in Ukraine in the context of war","authors":"Anatoliy Kostruba","doi":"10.1016/j.bushor.2024.01.003","DOIUrl":"10.1016/j.bushor.2024.01.003","url":null,"abstract":"<div><div>The development of foreign businesses is crucial for any nation's prosperity as they bring in valuable investments, international expertise, job opportunities for citizens, tax revenue, and industry growth. However, after the start of Russia’s full-scale invasion of Ukraine in 2022, almost all foreign business operations within Ukraine were suspended; currently, businesses of every sort are in the process of resuming in the face of numerous challenges, including an unstable security situation, damaged infrastructure, disrupted supply chains, and highly unpredictable business conditions. The Ukrainian government lacks the strategic initiatives needed to substantially attract foreign business operations. The primary objective of this article is to examine Ukrainian legislation about foreign business endeavors, particularly focusing on the nuances of investment activities while also investigating the repercussions of military operations on foreign businesses. This article proposes the concept of e-residency as a means to entice foreigners into engaging in business activities within Ukraine, and explores other strategies aimed at attracting individuals from other countries to invest and participate in Ukraine’s business landscape.</div></div>","PeriodicalId":48347,"journal":{"name":"Business Horizons","volume":"68 1","pages":"Pages 67-81"},"PeriodicalIF":5.8,"publicationDate":"2025-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139584269","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Business HorizonsPub Date : 2025-01-01DOI: 10.1016/j.bushor.2024.02.009
Nupur Pavan Bang , Nandil Bhatia , Sougata Ray , Kavil Ramachandran
{"title":"Pledging of shares by controlling shareholders and implications for foreign institutional investors","authors":"Nupur Pavan Bang , Nandil Bhatia , Sougata Ray , Kavil Ramachandran","doi":"10.1016/j.bushor.2024.02.009","DOIUrl":"10.1016/j.bushor.2024.02.009","url":null,"abstract":"<div><div>Offering shares as collateral—that is, share pledging—to avail business or personal loans has increasingly been used as a financing tool by controlling shareholders in developing economies such as India. With the focus on protecting the rights of minority shareholders, pledging of shares has been subject to scrutiny as academicians, regulators, and corporate governance experts have highlighted the detrimental effects of share pledging on the firm. This study raises awareness about share pledging for uninitiated foreign institutional investors (FIIs) looking to invest in developing economies. The study highlights the conditions, including motivation to pledge, degree of ownership, and quantum of pledge, under which share pledging may be appropriate and when it may benefit the FIIs. We distinguish between pledging under different conditions and the implications arising under the outlined scenarios for FIIs. Our analysis provides potential investors with a comprehensive overview of pledging and of its possible consequences for the firm. The study urges investors to take a more nuanced view of pledging rather than painting all of it with the same negative stroke.</div></div>","PeriodicalId":48347,"journal":{"name":"Business Horizons","volume":"68 1","pages":"Pages 95-108"},"PeriodicalIF":5.8,"publicationDate":"2025-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139953382","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Business HorizonsPub Date : 2025-01-01DOI: 10.1016/j.bushor.2023.12.005
Brian J. Bergman Jr.
{"title":"The power, process, and potential of mapping an entrepreneurial ecosystem","authors":"Brian J. Bergman Jr.","doi":"10.1016/j.bushor.2023.12.005","DOIUrl":"10.1016/j.bushor.2023.12.005","url":null,"abstract":"<div><div>Fostering an entrepreneurial ecosystem (EE), the set of actors and factors coordinated to encourage entrepreneurial activity and innovation in a particular city or region, has become a focal point in contemporary economic development policy. But cultivating an EE is hard work, especially in places that are underresourced or typically not associated with entrepreneurship and innovation. This can leave motivated communities and their constituents overwhelmed about how and where to begin this lofty endeavor. This article suggests one starting point: creating an entrepreneurial ecosystem map. Uniquely fusing together extensive research on entrepreneurial ecosystems and cartography, this article examines the main elements of an EE and the basics of mapmaking before presenting an eight-step process for mapping an entrepreneurial ecosystem. Beyond articulating a basic process and key considerations for generating an EE map, this article suggests ecosystem maps can create value for a range of actors within and beyond the focal ecosystem and can serve several important roles in developing a community’s EE, aside from pointing entrepreneurs to needed resources. Further, I argue that the exercise of ecosystem mapping is just as—if not more—important than any maps it produces.</div></div>","PeriodicalId":48347,"journal":{"name":"Business Horizons","volume":"68 1","pages":"Pages 55-66"},"PeriodicalIF":5.8,"publicationDate":"2025-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139031712","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Business HorizonsPub Date : 2025-01-01DOI: 10.1016/j.bushor.2023.10.002
Alexander C. Romney , Joseph A. Allen , Zahra Heydarifard
{"title":"Meeting load paradox: Balancing the benefits and burdens of work meetings","authors":"Alexander C. Romney , Joseph A. Allen , Zahra Heydarifard","doi":"10.1016/j.bushor.2023.10.002","DOIUrl":"10.1016/j.bushor.2023.10.002","url":null,"abstract":"<div><div>Work meetings are a significant part of professional life and have increasingly become a vehicle for organizations to get work accomplished. Recently, virtual meetings have become a more prominent feature of employees’ work lives, and scholarly attention to the changing nature of work-meeting dynamics has increased in tandem. Unsurprisingly, these circumstances have increased the number of meetings individuals participate in and the number of mediums through which these meetings occur. In this article, we introduce the meeting load paradox: increased meetings allow employees to better contribute to their organizations while consuming more of their personal resources. As such, an increased meeting load is only effective up to a certain threshold. To demonstrate this empirically, we conducted a field study with 199 full-time employees, providing initial evidence of one manifestation of the meeting load paradox (i.e., meeting participation, engagement, and creative performance increase as meeting load increases curvilinearly, creating an inverted U-shape effect). We find that a virtual medium increases the curvilinear effect while employee conscientiousness flattens the curvilinear effect. We discuss the important implications of these findings and ways employees and managers can navigate the meeting load paradox to thrive amid the proliferation of workplace meetings.</div></div>","PeriodicalId":48347,"journal":{"name":"Business Horizons","volume":"68 1","pages":"Pages 33-43"},"PeriodicalIF":5.8,"publicationDate":"2025-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135656144","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}