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Full-Text Articles in Business

Innovation And Csr Impact On Financial Performance Of Selected Companies In Mexico, Rocío Durán-Vázquez, Arturo Lorenzo-Valdés, Einar G. Moreno-Quezada Jan 2012

Innovation And Csr Impact On Financial Performance Of Selected Companies In Mexico, Rocío Durán-Vázquez, Arturo Lorenzo-Valdés, Einar G. Moreno-Quezada

Journal of Entrepreneurship, Management and Innovation JEMI

This study analyzes the behavior of the companies in the index of México’s Precios y Cotizaciones (IPC), with respect to measures of financial performance and its relationship with the two main approaches of innovation, according to the Bogota and Oslo manuals; assessing their impact on the stock price. The data is used on a quarterly basis from January 2000 to December 2011. It also makes reference to the impact of having the distinction “Socially Responsible Company” (Corporate Social Responsibility), in the Mexican stock market price reaction. Our main interest is to be pioneers in the search for relationships between topics …


Relevance Of Discretionary Accruals Information (Dai) In Ohlson Model: The Case Of Mexico, Rocío Durán-Vázquez, Arturo Lorenzo-Valdés, Juan Manuel San Martín-Reyna Jan 2012

Relevance Of Discretionary Accruals Information (Dai) In Ohlson Model: The Case Of Mexico, Rocío Durán-Vázquez, Arturo Lorenzo-Valdés, Juan Manuel San Martín-Reyna

Journal of Entrepreneurship, Management and Innovation JEMI

This study applied the modified Jones´ model (1991) for selected companies of Mexico. This model aims to assess the impact of Discretionary Accrual Information (DAI) on financial reporting statements, in order to identify the value relevance of “earnings quality”. We applied methodological criteria of Chung et al (2005) and Mukit & Iskandar (2009). We analyzed financial information of the 35 stock included in the Index of Prices and Quotations (IPC) of the Mexican Stock Exchange (BMV) for the period 2000 to 2011. 19 companies met the specifications of the model, for 48 quarters of information. The analysis was done in …


Ownership Structure, Firm Value And Investment Opportunities Set: Evidence From Mexican Firms, Juan M. San Martín-Reyna, Jorge A. Durán-Encalada Jan 2012

Ownership Structure, Firm Value And Investment Opportunities Set: Evidence From Mexican Firms, Juan M. San Martín-Reyna, Jorge A. Durán-Encalada

Journal of Entrepreneurship, Management and Innovation JEMI

This paper analyses the influence of ownership, board of directors, and financial leverage on companies’ performance when these either face, or do not face, profitable growth opportunities. Towards that end we examined a sample of 83 listed Mexican firms during the period 2005-2011. The results confirm the relevance of debt and board of directors in terms of firm market value by showing a negative relationship between performance and both, board of directors and leverage, in the presence of growth opportunities. In contrast, the relationship between debt and performance becomes positive when firms have no profitable investment projects. The results also …


A Research Proposal To Examine Entrepreneurship In Family Business, Jorge A. Durán-Enalada, Juan M. San Martin-Reyna, Héctor Montiel-Campos Jan 2012

A Research Proposal To Examine Entrepreneurship In Family Business, Jorge A. Durán-Enalada, Juan M. San Martin-Reyna, Héctor Montiel-Campos

Journal of Entrepreneurship, Management and Innovation JEMI

This paper builds on existing theoretical and empirical studies in the areas of family business and entrepreneurship. It uses Dubin´s theory building framework to propose a model for conducting research of family businesses and its linkage to entrepreneurial activities in Mexico. This works starts by describing the concepts of family business and explains the importance that these definitions can have on the variables to be included in the research. After that, the paper explains how the concept of “familiness” relates to the essence definition of family business. Using the resource-based view (RBV), agency theory, and social capital theories we describe …


The Role Of Hypertext In Consumer Decision Making. The Case Of Travel Destination Choice, Raul Valdez Muñoz Jan 2012

The Role Of Hypertext In Consumer Decision Making. The Case Of Travel Destination Choice, Raul Valdez Muñoz

Journal of Entrepreneurship, Management and Innovation JEMI

Travel is one of the most popular items people tend to be comfortable with purchasing over the Internet. Hypertext is a form of electronic text composed of blocks of words (or images) linked electronically by multiple paths, chains, or trails. This study explores the importance of hypertext in the travel destination choice from websites. Results show that hypertext links containing images of destinations, informative texts, and search tools are the three most important features utilized by tourist website browsers. This study aims to offer insights into new areas for further research on tourism websites design, application and evaluation.