European Conference on Management, Leadership and Governance最新文献

{"title":"Neurofinance: Exploratory Analysis Stock Trader's Decision-Making Process by Real-Time Monitoring of Emotional Reactions","authors":"Hsin-Tzu Hsu, João Alexandre Lobo Marques","doi":"10.34190/ecmlg.19.1.1692","DOIUrl":"https://doi.org/10.34190/ecmlg.19.1.1692","url":null,"abstract":"Human emotions can be associated with decision-making, and emotions can generate behaviors. Due to the fact that it could be biased and exhaustively complex to examine how human beings make choices, it is necessary to consider relevant groups of study, such as stock traders and non-traders in finance. This work aims to analyze the connection between emotions and the decision-making process of investors and non-investors submitted to the same set of stimuli to understand how emotional arousal might dictate the decision process. Neuroscience monitoring tools such as Real-Time Facial Expression Analysis (AFFDEX), Eye-Tracking, and Galvanic Skin Response (GSR) were adopted to monitor the related experiments of this paper and its accompanying analysis process. Thirty-seven participants attended the study, 24 were classified as stock traders, and 13 were non-traders; the mean age for the groups was 35 and 25, respectively. The designed experiment initially disclosed a thought-provoking result between the two groups under the certainty and risk-seeking prospect theory; there were more risk-takers among non-investors at 75%, while investors were inclined toward certainty at 79.17%. The implication could be that the non-investing individuals were less complex in thought and therefore pursued higher returns besides a high probability of losing the game. In addition, the automatic emotion classification system indicates that when non-investors confronted a stock trending chart beyond their acquaintance or knowledge, they were psychologically exposed to fear, anger, sadness, and surprise. On the contrary, investors were detected with disgust, joy, contempt, engagement, sadness, and surprise, where sadness and surprise overlapped in both parties. Under time pressure conditions, 54.05% of investors or non-investors tend to make decisions after the peak(s) of emotional arousal. Variations were found in the deciding points of the slopes: 2.70% were decided right after the peak(s), 37.84% waited until the emotions turned stable, and 13.51% were determined as the emotional indicators started to slide downwards. Several combinations of emotional responses were associated with decisions. For example, negative emotions could induce passive decision-making, in this case, to sell the stock; nevertheless, it was also examined that as the slope slipped downwards to a particular horizontal point, the individuals became more optimistic and selected the \"BUY\" option. Future works may consider expanding the study to larger sample size, different demographic groups, and other biometrics for further analysis and conclusions.","PeriodicalId":496514,"journal":{"name":"European Conference on Management, Leadership and Governance","volume":"27 5","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136347814","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":"What are the relations between the characteristics and context of the board and its effectivity in decision-making?","authors":"Paul Morsch","doi":"10.34190/ecmlg.19.1.1954","DOIUrl":"https://doi.org/10.34190/ecmlg.19.1.1954","url":null,"abstract":"The decision-making process in boardrooms has a significant impact on organizational performance. In the last two decades, scientific research on the decision-making process in boardrooms has increased. This resulted in a substantial body of knowledge about boardroom factors and their relation to organizational performance. However, the effectiveness of the decision-making process in boardrooms is still mainly a black box. Amongst other things, scientific findings seem to contradict each other, which could mean additional insights are still missing.
 This research aims to contribute to a better understanding of this black box. This is done by providing an overview of the existing scientific literature on the relations between these factors, the circumstances, and the effectiveness of the boardroom. The study described in this paper is based on a preliminary literature research and insights from this study will be used to conduct a more in-depth structured meta-literature review.
 In addition to insights into the factors and characteristics that influence the decision-making process in boards and the mechanisms that influence the boards effectiveness, the most important insights for follow-up research from this study are: findings from earlier research seem contradicting, and the research area cannot be fully understood by observing it from a single- or even double lens (like boardroom characteristics, psychological factors or organizational perspective).
 Part of the explanations for the effectiveness of decision-making in boardrooms must be sought in variables that are difficult to observe, difficult to measure, under difficult circumstances from multiple scientific lenses and theories.","PeriodicalId":496514,"journal":{"name":"European Conference on Management, Leadership and Governance","volume":"19 5","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136347954","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":"Organizational Behavior in Small and Medium Enterprises: A Systematic Review and Future Research Agenda","authors":"Shesira Belén Mamani-Ildefonso, Vanessa Noemi Martinez-Quispe, Franklin Cordova-Buiza, Gisela Analy Fernandez-Hurtado","doi":"10.34190/ecmlg.19.1.1930","DOIUrl":"https://doi.org/10.34190/ecmlg.19.1.1930","url":null,"abstract":"The main objective of the research is to determine the impact of organizational behavior among small and medium-sized companies in the scientific literature between 2012 and 2022. The Prisma 2020 methodology (Preferred Reporting Items for Systematic Reviews and Meta - Analyses) was used for the processing of data obtained in the collection of articles supported by databases such as: Redalyc, Scopus, Dialnet and Scielo from which a total of 18 articles related to the study variable were obtained, 90% of them coming from Latin America, occupying the first place Colombia followed by Ecuador, all in Spanish language; on the other hand, the sectors and items that were used for the studies were 30% private and industrial educational sector. For the analysis of relevant information and keywords on the variable, ATLAS ti.22 was used, which allows identifying the concepts and topics with greater mention and relevance, among them: the authors indicate that the study of organizational behavior allows predicting the behavior of people within companies; it also helps to find the best work structure, identifies people's skills and improves the flow of horizontal and vertical communication; at the same time, it is the most complex to develop because each person is considered a genuine and unique link, which have different criteria, thoughts and points of view. In conclusion, it is argued that in order to maintain a good working environment within the company where effective labor relations based on ethical and moral values are fostered or executed, the full understanding and management of behaviors and attitudes among the members of the organization must be prioritized; only in this way will there be a satisfactory impact on the performance of the collaborators. This research will allow future researchers to link organizational culture with the performance and loyalty of their collaborators, prioritizing policies and norms that sustain harmony and efficiency in a company.","PeriodicalId":496514,"journal":{"name":"European Conference on Management, Leadership and Governance","volume":"23 3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136348354","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Determinants of risks disclosure in non-financial companies. Evidence from Portuguese capital market","authors":"Kátia Lemos, Filipa Pacheco","doi":"10.34190/ecmlg.19.1.1840","DOIUrl":"https://doi.org/10.34190/ecmlg.19.1.1840","url":null,"abstract":"The present study aims to determine the level of disclosure about financial risks in Portuguese non-financial companies and to identify the determinants of the level of disclosure. To carry out this study, the research methodology used was the content analysis of the reports and accounts, for the period 2017, of 40 non-financial companies listed on Euronext Lisbon, using a disclosure index for financial risks, created based on the requirements contained in the International Financial Reporting Standard No. 7 - Financial Instruments: Disclosures. After the content analysis, to identify the determining factors of disclosure level, a linear regression model was built to relate certain characteristics of the companies with the disclosure level presented. It was possible to conclude that the companies under study have an average disclosure level of about 50% of the requirements contained in IFRS 7 and that the size of companies and the concentration of capital significantly and positively influence the level of disclosure about financial risks. Indebtedness was also a determinant factor, but with a negative sign, being an uncommon result in relation to most other studies.","PeriodicalId":496514,"journal":{"name":"European Conference on Management, Leadership and Governance","volume":"27 6","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136348505","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":"Lean and Safety Management: a Project to Improve the Continuity of Care for Chronic Patients","authors":"Anna Tiso, Joan Cháfer-Vilaplana, Macarena Torrego-Ellacuría, Manuel Francisco Morales Contreras, Chiara Verbano","doi":"10.34190/ecmlg.19.1.1854","DOIUrl":"https://doi.org/10.34190/ecmlg.19.1.1854","url":null,"abstract":"Enhancing the quality of care for chronic patients means guaranteeing the delivery of integrated care. Integrated health systems help overcome the fragmentation of care processes, by bridging the organisational, managerial, and informational gaps, with the final purpose of improving the access, quality, and continuity of services. Indeed, chronic patients require the assistance of multiple providers, referring to different levels of care (primary, secondary, or tertiary). However, hyper-specialised and fragmented healthcare systems hamper the achievement of these goals, resulting in suboptimal care, higher cost, and poor quality of care. The implementation of lean and safety management (L&SM) within hospitals demonstrated its ability to improve efficiency, effectiveness, and patient satisfaction, through proactive identification and reduction of risks and wastes. The novelty lies in adopting this approach to act on integration and continuity between different levels of care. With this aim, a L&SM project has been developed in a Spanish hospital. The project focuses on improving the discharge process from internal medicine to primary care, essential to prevent further patients’ readmissions. In fact, cooperation between the hospital and primary care is crucial to ensure continuity in chronic pathways, providing adequate assistance to patients’ healthcare and social needs. The first results show how this approach was instrumental to engage in the project all key actors involved in the pathways, overcoming departmental barriers, and enhancing continuity of care. Moreover, this approach facilitated the convergence of identified inefficiencies with the clinicians’ interests, focusing only on the aspects considered of primary importance, such as the communication between the hospital and primary care. The expected outcomes encompass the achievement of a better understanding of the process, the identification of the criticalities in terms of risks and waste, the proposal and implementation of improvement interventions. This project represents an innovative attempt to implement L&SM outside of hospital boundaries to improve new performance dimensions, focusing on integration and continuity of care.","PeriodicalId":496514,"journal":{"name":"European Conference on Management, Leadership and Governance","volume":"24 4","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136348511","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":"Social responsibility leadership in the banking sector in times of pandemic","authors":"Elizabeth Mayuri-Ramos, Pamela Liset Villanueva-Vasquez, Yuri Vanessa Conde-Beltran, Franklin Cordova-Buiza","doi":"10.34190/ecmlg.19.1.1934","DOIUrl":"https://doi.org/10.34190/ecmlg.19.1.1934","url":null,"abstract":"The present work is a research on social responsibility in the financial sector, considering that social responsibility has achieved great notoriety since the end of the last century, both in the business, academic and social fields, basically due to the Internet, the globalization of the economy and policies increasingly focused on the interests of individuals involved with the companies, considering that the banking sector had to implement and reinforce fundamental aspects to survive the pandemic. The objective of this study is to determine the corporate social responsibility initiatives within the financial sector, to analyse the strategies implemented to provide timely responses to the economic reactivation in the face of the pandemic and to determine the main strategies and approaches of the financial system in the scientific literature between 2020-2023. The methodology applied is the research of scientific articles in recognized databases such as ScienceDirect, Scopus and Web of Science, where we found 25 research studies included for this systematic review of which we will see the 14 countries where the information was collected. In all the countries the economies suffered significant devastation and during this period they tried to adapt to new experiences to survive the pandemic and have profitability, as part of the affectation was the economic growth, unemployment, the closing of several companies, the economic activities slowed down, the expenses in elements of health services and protection increased, among others, besides the greater collaboration was sought between the governments and the banking institutions to put in practice measures of economic support, then it is concluded that financial institutions managed to change consumer priorities by adapting to digital technology ensuring that transactions are safe and reliable in order to avoid contagions and crowds, digitized financial services have the benefit of reaching millions of people and businesses, most research recommended that the financial system keep constant track of the prospects for improvement of economic activity and monitor the evolution of its customers and partners.","PeriodicalId":496514,"journal":{"name":"European Conference on Management, Leadership and Governance","volume":"19 12","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136347949","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":"Assessing the State of Corporate Digital Transformation: Results and Implications From a Global Survey","authors":"Florian Kidschun, Felix Budde, Alida Soar Gomes","doi":"10.34190/ecmlg.19.1.1959","DOIUrl":"https://doi.org/10.34190/ecmlg.19.1.1959","url":null,"abstract":"Digitalization has a significant impact on value-creating organizations of all sectors. New business models and processes are becoming established, the development of products and services is changing as well as the interaction with customers, partners and suppliers. As these changes create new requirements for companies, they need to reorient and adapt to them. To structure the topic of corporate digital transformation with its many individual elements, which can either be digitized and networked/integrated or create the conditions for the digital transformation of further elements, a reference framework has been developed that covers the essential value creation elements of a company in the context of digital transformation. Based on this framework, a self-assessment tool (‘Digital Transformation Assessment (DTA)’) was developed to carry out a survey on the current status of corporate digital transformation globally. This contribution outlines the key analysis results, through an applied and observational research, within the timeframe from 2020 to 2023, based on a quanti-qualitative analysis of answers from over 880 companies worldwide. The paper contributes to the literature on digital transformation by verifying through the analysis of the results that effective digital transformation requires not only investments in technology, but also a holistic approach that encompasses organizational, cultural, and strategic changes. Therefore, the role of leaders and the creation of a digital transformation-oriented corporate culture are keys to driving success in this process.","PeriodicalId":496514,"journal":{"name":"European Conference on Management, Leadership and Governance","volume":"22 5","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136348215","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 are Educators Taking the Next Steps in Leadership and Entrepreneurship","authors":"Antonio Benitez Garcia","doi":"10.34190/ecmlg.19.1.1819","DOIUrl":"https://doi.org/10.34190/ecmlg.19.1.1819","url":null,"abstract":"ABSTRACT
 How are educators taking the next steps in leadership and entrepreneurship teaching concepts?
 In recent years the development of leadership as a concept has taken different meanings in the educational field. The following paper will explain some practical approaches on how this concept it’s been addressed in the classroom and outside in a different environment, as well as the settings of these courses to better equip the students with full understanding on a particular subject.
 
 Entrepreneurship has step up its game in fields that we were not used to see before. These entrepreneurial activities are directly linked with the leadership approach of an organization, start up, or school. Hence the importance of how to dive in into full understanding and delivery of the subject, not only through previous theories and proven concepts in particular organizations, but by the students putting themselves in a position of action, so that they can put in practice the knowledge applied.
 
 The author will examine responses of the students in entrepreneurship and leadership courses, from a University in China, from different majors, where cultural variables may be applicable as well. The study will have a qualitative approach, which will shed some light in the current practices from students and academics approach to the delivery of these subjects, and how to create a better learning environment incorporating theory and action plan, considering their major program and path in their own school curriculum.
 
 This paper aims to develop some understanding of innovative forms and approaches applied in Education, through the way of delivery some of the most important courses like Leadership and Entrepreneurship, since these courses could ultimately be applied to every sector of an industry.
 
 Keywords: Leadership, Education, Entrepreneurship, Management, Studies, University, Approaches","PeriodicalId":496514,"journal":{"name":"European Conference on Management, Leadership and Governance","volume":"28 6","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136348638","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":"Empowering Changemakers","authors":"Teresa Dieguez, Paula Loureiro, Isabel Ferreira, Mário Basto","doi":"10.34190/ecmlg.19.1.1844","DOIUrl":"https://doi.org/10.34190/ecmlg.19.1.1844","url":null,"abstract":"Social entrepreneurship is a powerful driver of positive change, allowing individuals to address social and environmental issues through innovative and sustainable business models. This approach requires a deep understanding of social challenges, strong business expertise, and collaboration to achieve common goals. Transversal skills like critical thinking, communication, teamwork, and problem-solving are essential and applicable across various industries and roles. By embracing digital transformation, social entrepreneurship can be further amplified, enabling the creation of new products, streamlined operations, and expanded outreach to diverse audiences. Staying well-informed about digital tools and technologies is vital for social entrepreneurs to effectively achieve their impact goals. This study focuses on evaluating students' perceptions of the relevance of their current training in acquiring skills sought after in the market, particularly in the context of social entrepreneurship. It also seeks to understand students' expectations for their professional future. Conducted at the Polytechnic Institute of Cávado and Ave in Portugal, the research utilized two questionnaires based on 21st-century competencies and the Profile of the Social Entrepreneur to collect data. The results of this empirical study hold significant potential for enhancing Higher Education. Identifying areas for improvement, such as curriculum redesign and innovative teaching approaches, can better equip students to address future challenges sustainably and responsibly. In an era of expanding digital transformation, it becomes increasingly vital to equip students with relevant skills and knowledge, enabling them to shape a better world through social entrepreneurship.","PeriodicalId":496514,"journal":{"name":"European Conference on Management, Leadership and Governance","volume":"25 6","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136348641","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":"Organisational competencies: The Essence of Emerging Resilience","authors":"Oroitz Elgezabal, Kristina Mirchuk, Katrin Singer-Coudoux, Maria Kretschmer","doi":"10.34190/ecmlg.19.1.1859","DOIUrl":"https://doi.org/10.34190/ecmlg.19.1.1859","url":null,"abstract":"This paper investigates organisational resilience as an emergent property arising from the interactions of specific organisational competencies. Drawing on the principles of emergence and the Resource-Based View (RBV) theory, the study aims to support Small and Medium Enterprises (SMEs) by identifying the competencies that contribute to resilience; and defining how these competencies should interact for an organisation to be considered resilient. The paper outlines the process for consolidating an organisational resilience framework based on the ISO 22316 and BS 65000 international standards, as well as on the resilience cycle defined by the Fraunhofer institute. The methodology employed in this study includes a review of the relevant literature on organisational resilience, systems thinking, and the RBV theory. Additionally, the paper provides an analysis of the relationships between the three pillars of the framework, as well as the identification and merging of activities and abilities from both the ISO 22316 and BS 65000 standards. The study then identifies the organisational competencies required to acquire the abilities and execute the activities present in the organisational resilience framework. It also classifies the identified competencies into a competence atlas based on Erpenbeck’s competence atlas but adapted to organisational competencies. The methodology applied in this work supports SMEs by defining a process for: identifying organisational competencies; and, defining their interactions to achieve desirable properties at the organisational level, while offering significant insights for the strategic planning process of organisations. Furthermore, it aims to raise awareness on the importance of carefully analysing the interactions among organisational assets in complex operational scenarios. Finally, the findings obtained, provide organisations with a set of organisational competencies, classified into a competence atlas, which enables them to become resilient in accordance with a resilience framework based on internationally recognized standards.","PeriodicalId":496514,"journal":{"name":"European Conference on Management, Leadership and Governance","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-11-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136347689","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}