Business Commons^™

Corporate Social Responsibility And Financial Performance: Does Board Diversity Matter?, Ozgur Ozdemir, Murat Kizildag, Tarik Dogru, Ilhan Demirer

Journal of Global Business Insights

In this study, the moderating effect of board diversity on the complex relationship between corporate social responsibility (CSR) performance and financial performance is examined. The resource-based view of the firm and stakeholder theory are used as the theoretical foundation of the study. The hypotheses of the study are tested via fixed-effects regression using data for a sample of 1,234 firms and 5,102 firm-year observations for the period 2009–2013. The study finds evidence that CSR performance and financial performance are positively related, and the magnitude of this relationship is contingent on the level of board diversity. As corporate boardrooms become more …

Enterprise Environment Modeling For Penetration Testing On The Openstack Virtualization Platform, Vincent Karovic Jr., Jakub Bartalos, Vincent Karovic, Michal Gregus

Journal of Global Business Insights

The article presents the design of a model environment for penetration testing of an organization using virtualization. The need for this model was based on the constantly increasing requirements for the security of information systems, both in legal terms and in accordance with international security standards. The model was created based on a specific team from the unnamed company. The virtual working environment offered the same functions as the physical environment. The virtual working environment was created in OpenStack and tested with a Linux distribution Kali Linux. We demonstrated that the virtual environment is functional and its security testable. Virtualizing …

The Effect Of Destructive Leadership On Self-Efficacy And Counterproductive Work Behaviors: A Research On Service Sector Employees In Mersin, Turkey, Murat Aydinay, Aysehan Cakici, A. Celil Cakici

Journal of Global Business Insights

The aim of this study was to find out the effect of destructive leadership on employees’ self-efficacy and counterproductive work behaviors. The data was collected from a convenience sample of 486 service sector employees in Mersin, Turkey. Descriptive statistics, explanatory factor analysis, and regression analysis were conducted to analyze the data. The results showed that lack of competence in leadership, excessive authoritarianism, and favoritism dimensions increased the organization-oriented counterproductive work behaviors while resistance to technology and change dimension decreased these behaviors. In contrast, insensitivity to subordinates had no effect on counterproductive work behaviors. Furthermore, destructive leadership had no effect on …

National Culture Dimensions As Predictors Of Innovation, Creativity, And Entrepreneurship, Louis F. Jourdan Jr., Michael Smith

Journal of Global Business Insights

The purposes of this study were twofold. The first was to encourage other investigators to examine more closely three indices related to economic growth, specifically innovation, entrepreneurship, and creativity. The second was to encourage further investigation of Hofstede’s national culture as explanatory variables. This investigation addressed this research gap by examining the relationships among indices of nations’ creativity, entrepreneurship, and innovation, and their relationships with Hofstede’s (2015) national culture dimensions. No previous research was identified which examined countries’ creativity, entrepreneurship, and innovation in the same study. The relationships among four measures associated with economic development—the Global Innovation Index (GII), the …

The Perceived Impact Of Covid-19 Pandemic On Healthcare Cost In Bangladesh, Hasibul Islam, Fatema Johora, Asma A. Abbasy, Masud Rana, Niyungeko Antoine

Journal of Global Business Insights

The study showed the effect of the COVID-19 pandemic on healthcare expenses including the price of medicines, protective equipment, medical devices, healthcare facilities, and food. A self-administered questionnaire was used as the data collection tool and 400 people from different Bangladesh divisions (Dhaka, Chittagong, Barisal, Khulna, Mymensingh, Rajshahi, and Sylhet) participated in this study. Multiple regression analysis was used to estimate the impact of independent variables on dependent variables. R programming environment was used to perform the statistical analysis. Cronbach’s alpha was used for determination of reliability and found acceptable internal consistency. The price of protective equipment (POPE), the price …

The Role Of Perceived Social Support In The Theory Of Planned Behavior In Predicting Entrepreneurial Intention: Evidence From A Nigerian University, Yazeed Muhammed, Mohammed A. Dantsoho, Adamu A. Abubakar

Journal of Global Business Insights

Despite the usefulness of the theory of planned behavior in predicting intention and behavior in different domains, the sufficiency of its use in predicting and determining intention has been debated by many scholars. This paper extended the theory of planned behavior by including social support as a possible determinant of intention in the entrepreneurship domain while looking at one of the largest universities in Nigeria. Data were collected from 432 final year students of Ahmadu Bello University in Zaria using a simple random sampling technique. Structural equation modeling was adopted using partial least square technique for data analysis. Perceived social …

Destination Management: Right Or Wrong Measures, Abdullah Tanrisevdi, Osman Nuri Ozdogan, Vedat Acar, Sibel Kilicdere

Journal of Global Business Insights

Planning studies are important for the competitiveness of destinations and their actions with the principles of sustainability. Kuşadası and Didim, which have been among the most important mass tourism destinations in Turkey since 1960, have also long experienced common problems such as lack of coordination, environmental and infrastructural problems, and a lack of an integrated destination approach. Although a series of initiatives have been attempted to solve these problems—with a series of initiatives and good intentions—these initiatives have ultimately failed to achieve their outcomes. The current study aims to present the problems faced with destination management in both destinations. Specifically, …

A Critical Look At The Failure Of Mainstream Economics, Joseph M. Dipoli

Journal of Global Business Insights

Book Review

Foundations of real-world economics: What every economics student needs to know (2nd ed.), by John Komlos, New York, Routledge, 2019, 306 pp., $42.95 (Paperback), ISBN 9781138296541.

Many people in the United States of America are dissatisfied with the outcomes of the economy and some are suggesting measures that seem socialistic. The time has come to recognize that mainstream economics as taught in our schools is not serving students at all. The research sharing platform of the Latin American and Caribbean Economic Association (LACEA) states that John Komlos’s textbook Foundations of Real-World Economics: What Every Economics Student Needs to …

Blue Economy And Collaborative Strategies: A Critique Of Multi-National Enterprises, Josephine Mabuti Nthia

Journal of Global Business Insights

The concept of blue economy has been advanced by many countries as a new economic frontier aimed at development and utilization of blue ocean resources. To effectively develop a blue economy, capital intensive infrastructure, human and intellectual resources are required although they have been found to vary between countries or regions due economic or natural endowments. A theoretical analysis of relevant theories including: Foreign Direct Investment and eclectic model, Transaction Cost, and Stakeholder theories was undertaken. Further, a critical conceptual analysis covering fifty-five articles on blue economy and collaborative strategies with multinational enterprises (MNEs) was conducted to in an attempt …

Swot Analysis Applications: An Integrative Literature Review, Mostafa Ali Benzaghta, Abdulaziz Elwalda, Mousa Mohamed Mousa, Ismail Erkan, Mushfiqur Rahman

Journal of Global Business Insights

A strengths, weaknesses, opportunities, and threats (SWOT) analysis has become a key tool used by businesses for strategic planning. Scholars have conducted SWOT research for over six decades. However, a collective understanding of SWOT analysis remains vague. This study accessed, analyzed, and synthesized the SWOT literature, allowing for new theoretical perspectives and frameworks to emerge. Using an integrative literature review, this study reviewed SWOT studies historically, providing a greater understanding of the SWOT analysis in different sectors and the different approaches used in SWOT studies. Furthermore, it fills the knowledge gap in the strategic planning context and indicates meaningful implications …

Corporate Governance And Firm Value: Evidence From Lodging Companies, Serban Bakay Ergene, Erdinc Karadeniz

Journal of Global Business Insights

This study examined the relationships and interactions between corporate governance and firm values of lodging companies with different characteristics. The companies were analyzed separately using a classification and regression tree (CRT) analysis. The analysis results did not show a direct relationship between value and governance, yet that does not mean there is no relationship between them. When the companies’ governance scores were similar, corporate governance showed no distinguishing variable on firm value but is a hygiene factor. The analysis also found negative relationships between value and size. This may be important in preventing companies from becoming cumbersome. Also, positive relationships …

A Beginner’S Guide And Best Practices For Using Crowdsourcing Platforms For Survey Research: The Case Of Amazon Mechanical Turk (Mturk), Cihan Cobanoglu, Muhittin Cavusoglu, Gozde Turktarhan

Journal of Global Business Insights

Introduction

Researchers around the globe are utilizing crowdsourcing tools to reach respondents for quantitative and qualitative research (Chambers & Nimon, 2019). Many social science and business journals are receiving studies that utilize crowdsourcing tools such as Amazon Mechanical Turk (MTurk), Qualtrics, MicroWorkers, ShortTask, ClickWorker, and Crowdsource (e.g., Ahn, & Back, 2019; Ali et al., 2021; Esfahani, & Ozturk, 2019; Jeong, & Lee, 2017; Zhang et al., 2017). Even though the use of these tools presents a great opportunity for sharing large quantities of data quickly, some challenges must also be addressed. The purpose of this guide is to present the …

Corporate Parenting Advantage: Conceptual, Methodological, And Empirical Considerations, Pairoj Piyawongwathana, Sak Onkvisit

Journal of Global Business Insights

The pioneering work of Campbell et al. (1995a) presented four ways a corporate parent either creates or destroys value for the companies it owns. They are (a) stand alone, (b) linkage, (c) central functions and services, and (d) corporate development. Despite widespread acceptance of the concept of parenting advantage, empirical research remains scarce. Examining the methodological issues, this research describes the development of an instrument to measure the four strategies. An exploratory factor analysis yielded six distinct factors, accounting for 74.11% of the variance. The results partially validated the a priori classification scheme. A few factors partly reflected the measurement …