An external perspective on CSR: What matters and what does not?

The paper aims at investigating external factors influencing organizational corporate social responsibility (CSR)-related decision making. Two theoretical perspectives—stakeholder theory and institutional theory—have been applied to compile a list of external factors that might affect a company's CSR choices. As a result, a framework built on the government-related, society-related, and business-related groups of external factors is being suggested. This framework is used in the paper to answer (a) to what extent do different external factors influence CSR-related decisions in large Danish companies and (b) how has that influence changed over the years. The research takes a qualitative approach and is designed as a multiple-case study. Empirically, the paper relies on data collected from semi-structured interviews with CSR specialists and managers and presents a dynamic perspective on the pressure exercised by the external factors on CSR decisions and choices.     

Can governance help in making an IPO “successful”? New evidence from Europe

This paper investigates the determinants of a “successful” IPO from a corporate governance perspective upon a representative sample of European listings from 2000 to 2015. We use an extensive dataset of market performance, financial data, and corporate governance characteristics to run the investigation. Differently from previous studies, our analysis embraces both a short‐term perspective and a medium–long‐term perspective, where the board of directors seems to perform different tasks, moving from a value creation to a value protection strategy. Among the others, we find that board size, board independence, and their qualifications, together with their experience in other boards, are associated with a positive performance of the IPO in a short‐term horizon and in the medium–long‐term period, although significant differences emerge among those time perspectives.     

Autocatalytic Growth and Development and the South-North Convergence

Abstract:

This article engages with the issue of income convergence between North and South by using the autocatalytic hypothesis of growth and development. Two system models describe positive and negative feedback loops which govern economic flows between North and South. The analysis of endogenous and exogenous negative feedbacks points to the process that would slowly push the world economy towards vanishing growth rates and, eventually, halt its material growth. The present work rejects convergence in per capita GDP between North and South from the theoretical perspective. Such an outcome would stand against one of the fundamental properties of autocatalytic dynamics—centripetality— that has its causal roots in the competitive process and capitalist institutions. In that sense, the autocatalytic hypothesis provides a theoretical explanation for those empirical analyses that dismisses convergence.     

Cities and cyberspace: new entrepreneurial strategies

E-commerce is increasingly influencing business operations, as a major supportive medium for different strategies or as a strategy on its own. This paper seeks to identify impacts from concomitant changes on the development of cities. To this purpose, emerging time-based strategies are analysed in manufacturing and customer-services strategies are analysed in the services sector. The focus of the study is on proximity needs and what these needs imply for elimination of physical segments from value chains and insertion of virtual segments into these chains. The findings are then linked with trends for agglomeration or spread of urban activity. The conclusion is that the future of cities is far from clear. Trends for agglomeration go hand in hand with trends for spread on different spatial levels. In addition, there are huge knowledge gaps. The paper concludes with suggestions for further research to fill these gaps.     

Robotics in the early childhood classroom: learning outcomes from an 8-week robotics curriculum in pre-kindergarten through second grade

In recent years there has been an increasing focus on the missing “T” of technology and “E” of engineering in early childhood STEM (science, technology, engineering, mathematics) curricula. Robotics offers a playful and tangible way for children to engage with both T and E concepts during their foundational early childhood years. This study looks at N = 60 children in pre-kindergarten through second grade who completed an 8-week robotics curriculum in their classrooms using the KIWI robotics kit combined with a tangible programming language. Children were assessed on their knowledge of foundational robotics and programming concepts upon completion of the curriculum. Results show that beginning in pre-kindergarten, children were able to master basic robotics and programming skills, while the older children were able to master increasingly complex concepts using the same robotics kit in the same amount of time. Implications for developmentally appropriate design of technology, as well as structure and pace of robotics curricula for young children are addressed.     

Business innovation in Russian industry

This article reports the results of a quasi‐longitudinal survey of 2,800 top corporate executives of Russian industrial enterprises, presenting a snapshot of current innovation attempts in Russian enterprises and indicating economic and institutional factors that foster or hinder innovation. Russian CEOs see the necessity of profound changes in many areas of enterprise management and are not afraid of such changes, as innovations are perceived to be the best competitive weapon. However, their resources for radical innovation are rather limited. Beside lack of finance, the superimposed narrower strategic focus, the rigidities of local business networks, the weakness of external infrastructure for innovation and the absence of state support seriously impede attempts to implement radical changes. However, in every Russian industry surveyed there is a visible presence of innovative companies, which constitute 15–30% of all large and medium‐size companies. Moreover, increasing imports and the growing number of foreign subsidiaries in Russia will continue to push Russian companies towards more intensive changes in all areas of enterprise management.     

An axiomatic characterization of the Baker-Thompson rule

The airport problem is a widely studied allocation problem, with the aim of providing simple and fair sharing rule for the landing fees. In this note we introduce some fairness criteria and characterize the classical Baker-Thompson allocation rule.     

Nadelstichverletzungen: Kleiner Pieks mit großer Wirkung

Arbeitsschutz als Führungsaufgabe - Eine kurze Unachtsamkeit oder unglückliche Verkettung von Ereignissen und schon ist es passiert: Die Kanüle trifft das Pflegepersonal. Aber: Nadelstichverletzungen lassen sich durch die Verwendung sicherer Produkte und Injektionstechniken reduzieren. Dabei ist die Verbesserung des Arbeits- und Gesundheitsschutzes des medizinischen und pflegerischen Personals eine wichtige Aufgabe der Führungskr?fte.     

Organizing innovation projects under technological turbulence

Research on the organization of innovation projects suggests that increased project flexibility is a common reaction to high levels of technological turbulence. However, existing definitions of project flexibility are inconsistent and sometimes unclear, and empirical evidence is limited. This article makes an important distinction between flexible project planning and flexible project specifications. A negative relationship is found between flexible project planning and innovation project performance, whereas flexible product specifications are found to contribute positively.This article also examines how technological turbulence contributes to the choice of flexible or inflexible strategies. Technological turbulence can be present in the external environment or can be internal to the firm, when radically new products are developed. The findings suggest that when businesses perceive technological turbulence in the environment they are more likely to adopt flexible approaches to innovation in an attempt to adapt to external pressures. In technologically innovative projects, product specifications are likely to remain fixed while project organization is likely to be adapted to the needs of the project.Taken together, the findings suggest that innovation projects should maintain stable organization, schedules and budgets, but stay flexible about product specifications. Vigilance with regards to external and internal conditions of technological turbulence, which may lead organizations to be more flexible in terms of project planning, is needed.