Translating Corporate Social Responsibility into Action: A Social Learning Perspective

Journal of Business Ethics - Interest in the microfoundations of corporate social responsibility (CSR) has grown over the past decade. In this study, we draw on social learning theory to examine...     

Entrepreneurs’ Resources,Technology Strategy,and New Technology‐Based Firms’ Performance

This study is based on the configuration approach and argues that the new technology‐based venture's performance depends on how well the entrepreneur's resources allow the chosen technology strategy to be executed, in other words, the fit between the resources and the strategy. The authors study this idea by using a sample of 175 Spanish new technology‐based ventures. The results indicate that the fit between the chosen technology strategy and the entrepreneur's resources explain the firm's performance, when this is measured through foreign market performance. That fit is also related to the technology‐based firm's financial results and generic and domestic performance.     

The Design of ``Smart' Water Market Institutions Using Laboratory Experiments

One of the problems with proposals for substantialinstitutional change in water systems is thatmodification and irreversibility make the processslow, cautious and costly to society. In this paper,we discuss the role that experimental economics canplay in evaluating proposed institutional changes tohelp facilitate a more rapid and smooth adoption ofchanges in the water system. Experimental economicsyields a formal and replicable system for analyzingalternative market structures before they are actuallyimplemented. For example, a water market can bedeveloped and tested in the laboratory under supplyand demand constraints that reflect drought conditionsthat might occur in California, or other arid regionsin the world. We present a prototype of a Californiawater transfer model and the results from a series ofwater market experiments. Results include realizedmarket efficiency and surplus distribution, as well asan analysis of market price volatility. Theimplications of this research extend well beyondCalifornia water markets, not only to water markets inother arid regions, but also to the design of marketsfor other environmental goods, including tradablepollution permits and fishery ITQs.     

Diffusion of Kyoto's clean development mechanism

To date, developed countries can only tap mitigation opportunities in developing countries by investing in projects under the Clean Development Mechanism (CDM). Yet CDM investments have so far failed to reach all of the high-potential sectors identified in IPCC reports. This raises doubts about whether the CDM will be able to generate an adequate supply of credits from the limited areas where it has proved successful. Our paper examines the current trajectory of potential mitigation entering the CDM pipeline and projects it forward under the assumption that the diffusion of the CDM will follow a path similar to other kinds of innovations. Projections are then compared to pre-CDM predictions of the mechanism's potential market size used to assess Kyoto's cost, in order to discern whether limits on the types of project entering the pipeline will also limit the eventual supply of certified emission reductions (CERs). The main finding of the paper is that the mechanism is on track to deliver an average annual flow of roughly 700 million CERs by the close of 2012 and nearly to 1100 million tons by 2020. Parameter tests suggest that currently identified CDM investments will exceed early model predictions of the potential market for CDM projects.     

New-structuralist exchange-rate policy and the pattern of specialization in Latin American countries

The present article critically examines the transmission channels from real exchange rate undervaluation to output growth adduced by New-Structuralism (NS). To this end, we slightly modify new-structuralist canonical model for small open peripheral economies, and make the underlying productive structure depend on income distribution. This allows us both to discuss: (a) the limits of the transmission channels adduced by NS in their own terms, that is, under the assumption that the tradable sector is the modern sector; and (b) the further limitations of these channels when the pattern of trade is more suitable to characterize Latin American countries, whose tradable sector mainly exports primary goods under conditions of differential rent. We conclude that the channels work under highly restrictive assumptions, and therefore the alleged positive relationship between real exchange rate and growth cannot be generally ascertained.     

El concepto de poder en la administración

The objective of this work is to explore the concept of power in Administration. What we are interested in studying is the domination exerted from a dominant position in the organization formally established. In this paper we argue that what defines power is the legality, and what defines authority is legitimacy. In the first place we will have a brief discussion of the distinction between legality and legitimacy, in order to distinguish the concept of power from authority. Then, we analyze the concept of power, distinguishing the power that gives the dominant device from the power established in intersubjective relationships, which are defined as relationships of power. Finally, we perform a conceptual approach of the power in Administration and some criticism inherent to this form of domination.     

Technological,management, and persistent innovation in small and medium family firms: The influence of professionalism

We examine the effect of professional management on innovation in family‐owned firms. Since professionalism is a critical but controversial issue that can influence the innovative capacity of family businesses, we aim to determine if professional management improves innovation outcomes from a comprehensive perspective. Using a sample of 583 Spanish family firms, we demonstrate that professionalism in management exerts a positive influence on innovation from both technological (product and process innovation) and management perspectives. We also find that firms managed by external professionals are willing to develop higher innovative activity and that professionalism contributes positively to persistent innovation. Copyright © 2016 ASAC. Published by John Wiley & Sons, Ltd.     

A Balancing Act: Work–Life Balance and Multiple Stakeholder Outcomes in Hospitals

This article examines the direct and indirect effects of work–life balance (WLB) practices on multiple stakeholder outcomes in hospitals. The authors examine the direct and indirect effects of WLB practices in 173 hospitals in the United Kingdom on organizational, patient care and employee outcomes. The article proposes a model in which the effects of WLB practices on patient care outcomes and financial performance are mediated by employee turnover intentions. The authors provide strong support for the potential vested in WLB practices in the healthcare setting. Results indicate that greater use of WLB practices enhances outcomes for hospitals, their employees and the patients they care for.