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Full-Text Articles in Business

Tightening And Loosening Of Macroprudential Policy, Its Effects On Credit Growth And Implications For The Covid-19 Crisis, Aida Ćehajić, Marko Košak Dec 2021

Tightening And Loosening Of Macroprudential Policy, Its Effects On Credit Growth And Implications For The Covid-19 Crisis, Aida Ćehajić, Marko Košak

Economic and Business Review

In this study, we analyze the effects of macroprudential measures on bank lending in the European Union. We develop several dedicated macroprudential policy indices reflecting different policy actions taken by the authorities in individual member countries, with the aim to affect credit activity in national banking sectors. In our empirical model, we measure responsiveness of gross loans in banks to selected macroprudential policy indices, taking into account a set of bank level and macroeconomic control variables. We use the Fitch Connect bank level dataset with financial statements for 3,434 European banks with 18,616 observations and macroeconomic data provided by the …


Exploring Consumer Resilience During Covid-19: Demographics, Consumer Optimism, Innovativeness And Online Buying, Ivana Kursan Milaković Dec 2021

Exploring Consumer Resilience During Covid-19: Demographics, Consumer Optimism, Innovativeness And Online Buying, Ivana Kursan Milaković

Economic and Business Review

This study investigates the predictors and outcome of consumer resilience given the Covid-19 pandemic and retail context. Predictors are represented by demographic characteristics and underexplored protective factors of consumer optimism and innovativeness, while the outcome variable includes online buying. Empirical research was conducted on the convenience sample of 400 Croatian consumers. Research results show that, given demographic characteristics, gender plays an important role in consumer resilience. In terms of the individual protective factors, both consumer optimism and innovativeness positively influence consumer resilience. In addition, consumer resilience negatively impacts online buying. Findings also have practical implications for companies’ marketing strategies.


Concentrated Ownership And Firm’S Performance: A Bibliometric Analysis Of The Literature, Ada Guštin Habuš, Janez Prašnikar Nov 2021

Concentrated Ownership And Firm’S Performance: A Bibliometric Analysis Of The Literature, Ada Guštin Habuš, Janez Prašnikar

Economic and Business Review

The article aims to describe the historical sequence, interrelatedness, and development of dominant and emerging research areas within the concentrated ownership literature. Moreover, it aims to determine the most influential articles, authors, journals, and countries in the field by applying a bibliometric analysis. The latter reveals that the future research concerning concentrated ownership should be more country-based and use consistent and more extended data sets. It should also apply different theoretical frameworks, profound institutional analysis, and look for cross-fertilization of ideas, which could be spread worldwide.


Logistics Outsourcing In Large Manufacturing Companies: The Case Of Slovenia And Lessons From Other Countries, Marko Budler, Marko Jakšič, Teja Vilfan Nov 2021

Logistics Outsourcing In Large Manufacturing Companies: The Case Of Slovenia And Lessons From Other Countries, Marko Budler, Marko Jakšič, Teja Vilfan

Economic and Business Review

Logistics outsourcing is a mode of operation for companies in global supply chains that have been increasingly devoting more attention to their core activities. This study examines the state-of-the-art in logistics outsourcing in the Slovenian manufacturing industry. Additionally, the authors benchmark the findings against a similar study from 2013. Finally, this study provides a discussion of logistics-outsourcing specifics in some countries with the use of secondary data. We identify transportation as a top-ranked logistics activity, and a general propensity for higher-level logistics outsourcing (e.g. 4PL). The authors contribute to the supply-chain management society by identifying the drivers of, barriers to, …


International Reflections On The Challenges Of Entrepreneurial Education Working With Small And Medium-Sized Enterprises, Aldo Valencia, Darryl Humble, Paul Doyle, Dimitra Skoumpopoulou Aug 2021

International Reflections On The Challenges Of Entrepreneurial Education Working With Small And Medium-Sized Enterprises, Aldo Valencia, Darryl Humble, Paul Doyle, Dimitra Skoumpopoulou

Economic and Business Review

With the European Council looking to Higher Education Institutions (HEIs) to help support the strategic goal of increasing small and medium-sized enterprise (SME) activity through increased entrepreneurial education, we reflect on the challenges facing both HEIs and SMEs through the lens of the European Commission’s Horizon 2020 funded research and innovation staff exchange project ‘Global Entrepreneurial Talent Management 3’ (GETM3). This research generated data during the three-year duration of the project and through a mixed-methods approach. The effectiveness of entrepreneurial education against this strategic requirement and the barriers which need to be overcome to achieve it are considered. We observed …


Young People’S Self-Meaning Making Through Entrepreneurship In Poland, Slovenia And The Uk: Implications For Human Resource Management In Smes, Melita Balas Rant, Katarzyna Dziewanowska, Edita Petrylaite, Alison Pearce Aug 2021

Young People’S Self-Meaning Making Through Entrepreneurship In Poland, Slovenia And The Uk: Implications For Human Resource Management In Smes, Melita Balas Rant, Katarzyna Dziewanowska, Edita Petrylaite, Alison Pearce

Economic and Business Review

The objective of the paper is to explore young people’s motives for pursuing entrepreneurial opportunities instead of a professional career in the public sector or a corporation. As young people increasingly consider alternatives to a traditional career, it is useful to understand what lies behind their entrepreneurial career choice in order to advise small and medium-sized enterprises (SMEs) how to attract a young workforce. A qualitative study consisting of 16 in-depth, semi-structured interviews with young entrepreneurs in Poland, Slovenia and the United Kingdom (UK) identifies a variety of internal and external factors influencing the entrepreneurs’ career decisions that were found …


Welcome Aboard! Earning Your Place On The Crew, Patricia Meglich, Benjamin Thomas Aug 2021

Welcome Aboard! Earning Your Place On The Crew, Patricia Meglich, Benjamin Thomas

Economic and Business Review

An important TM practice to improve retention of newcomers is the socialization process used to assimilate them. We conducted two studies; an exploratory qualitative study followed by a survey-based study. Our results indicate a substantial percentage of U.S. workers experience hazing as newcomers. Compared to newcomers who experience traditional onboarding, hazed workers report higher turnover intentions and strain and lower levels of engagement; important outcomes for firms seeking to reduce the costs and disruptions of early-tenure turnover. Leaders of SMEs may heed the call to provide a welcome mat rather than a gauntlet for new employees to run.


Get What You Give? Investigating Employer And Young Professionals’ Psychological Contracts In European Smes, Katarina Katja Mihelič, Mark Bailey, Julie Brueckner, Agnieszka Postuła, Nada Zupan Aug 2021

Get What You Give? Investigating Employer And Young Professionals’ Psychological Contracts In European Smes, Katarina Katja Mihelič, Mark Bailey, Julie Brueckner, Agnieszka Postuła, Nada Zupan

Economic and Business Review

This paper looks at psychological contracts in small and medium-sized enterprises, an underrepresented topic in the psychological contract literature. Adopting a multi-perspective approach, we explore what employers and young professionals expect regarding their employment obligations. The results of a qualitative research design and interviews conducted in four European countries reveal the importance of competence and performance-enhancing behaviours on one side and support for performance and development, good working conditions, autonomy, flexibility, work–life balance, and relationships on the other. Moreover, we identify what is offered and expected by both members of the dyad and shed light on the changing dynamics of …


Accommodating Hrm In Small And Medium-Sized Enterprises (Smes): A Critical Review, Brian Harney Aug 2021

Accommodating Hrm In Small And Medium-Sized Enterprises (Smes): A Critical Review, Brian Harney

Economic and Business Review

The significance and imprint of SMEs as dominant employers is not proportionally reflected in people management scholarship. In an effort to map out the prospects for greater understanding, this paper critically evaluates the prevailing understanding in HRM. First, a case is made for definitional clarity to avoid aggregate interpretations of SMEs and ill-defined applications of HRM. The paper then explores four key theoretical frames of reference, namely universalism, best fit, cultural and ecological theories, highlighting their merits and limitations as applied in the SME context. This assessment results in a call for more holistic, integrative and context sensitive theory and …


Evolving The Narrative Of Managing Young Talent In Smes, Katarina Katja Mihelič, Alison Pearce, Nada Zupan Aug 2021

Evolving The Narrative Of Managing Young Talent In Smes, Katarina Katja Mihelič, Alison Pearce, Nada Zupan

Economic and Business Review

No abstract provided.


An Investigation Of Factors Determining The Token Value In The Blockchain-Based Early Funding Mechanism, Alfreda Šapkauskienė, Simona Pakėnaitė Jun 2021

An Investigation Of Factors Determining The Token Value In The Blockchain-Based Early Funding Mechanism, Alfreda Šapkauskienė, Simona Pakėnaitė

Economic and Business Review

The research employs WLS Regression for examining the main determinants of the ICO profitability in the crowdfunding stage. The variables are divided into three main categories: financial and technological aspects, and the ICO characteristics, with the aim of verifying which parts most influence the funds raised. The results imply that financial and technological aspects might indeed have an impact on the ICO profitability. The key factors covered are the opensource code availability and the preset hard cap. Overall, the econometric analysis discloses that the amount raised during the ICO is not affected by the availability of a white paper and …


The Role Of Four Life-Story Aspects In A Collaborative Decision-Making Process In The Field Of Leadership Development, Sokol Loci, Judita Peterlin Jun 2021

The Role Of Four Life-Story Aspects In A Collaborative Decision-Making Process In The Field Of Leadership Development, Sokol Loci, Judita Peterlin

Economic and Business Review

The aim of this conceptual paper is to add knowledge to the existing leadership development field. We examine the development of core intra- and interpersonal values, specifically the individual collaborative features, by considering life experiences (Day, Fleenor, Atwater, Sturm, & McKee, 2014), and how these personal collaborative features become integrated when leadership members (members of the leadership process) collaborate (Cullen-Lester, Maupin, & Carter, 2017). We formulate the following four relevant propositions: (1) Individual collaborative features should be integrated with the essential features of the leadership members' collaboration during a decision-making process. (2) A life-story aspect has substantive contents and the …


Accounting For Sources Of Information In Trade Fairs: Evidence From Portuguese Exhibitors, Pedro M. Da Silva, José F. Santos, Victor F. Moutinho Jun 2021

Accounting For Sources Of Information In Trade Fairs: Evidence From Portuguese Exhibitors, Pedro M. Da Silva, José F. Santos, Victor F. Moutinho

Economic and Business Review

Trade fairs are important sources of information for decision making in marketing management. Currently, trade fairs are places where participants share useful data and information, while creating relationships between customers (visitors) and suppliers (exhibitors). However, only a limited number of studies have focused on the identification of the sources of information that exhibitors can provide for marketing managers at trade fairs. This study examines the importance of the different types of information resources that can be delivered by exhibitors to managers in order to transfer information about product and market trends. Based on the data from a survey of 172 …


An Empirical Analysis Of The Effects Of Student Work And Academic Performance On The Probability Of Employment, Tjaša Bartolj, Sašo Polanec Jun 2021

An Empirical Analysis Of The Effects Of Student Work And Academic Performance On The Probability Of Employment, Tjaša Bartolj, Sašo Polanec

Economic and Business Review

The theoretical relationship between student work and post-college probability of employment is ambiguous, due to the opposing direct and indirect effects on human capital accumulation. Student work may on one hand lower academic performance and thus harm the likelihood of getting a job, while on the other hand enabling students to acquire skills that increase their labour market odds. In this paper, we provide an answer to the question, whether the policy should encourage or limit student work, by using rich data which allow us to compare the effects of the two investments in human capital on the likelihood of …


Bibliographic Measures Of Top-Tier Finance, Information Systems, And Management Science Journals, Thomas M. Krueger, Jack D. Shorter, Randy G. Colvin Jun 2021

Bibliographic Measures Of Top-Tier Finance, Information Systems, And Management Science Journals, Thomas M. Krueger, Jack D. Shorter, Randy G. Colvin

Economic and Business Review

Purpose: Faculty research is frequently the basis of pay, tenure, and promotion decisions in the university arena. Meanwhile, perceptions regarding the quantity and quality of the research produced by a faculty is often the basis of departmental, college, and university reputation. The journal in which research findings are published is often used to assess the overall research quality. In order to better benchmark journal quality, this report provides findings of a meticulous investigation of leading journals in the finance, information systems and management science disciplines. It examines four different citation-based measures of quality and four journal characteristics that are exogenous …