社会企业家:以商业行为推动社会发展

企业家需要不断革新推动社会发展 社会企业家(Corporate Social Entrepreneurship,简称CSE)是希望以商业进步推动企业社会责任发展的领导者.社会企业家的提出源于美籍奥地利经济学家约瑟夫·熊彼特的"创造性破坏"理论.他认为企业家是"经济发展的带头人",也是能够"实现生产要素的重新组合"的创新者.     

Female‐Led High‐Growth: Examining the Role of Human and Financial Resource Management

We integrate research on upper echelons theory, the resource‐based view, and gender to explore conditions that facilitate high growth for female‐led firms. We argue that female entrepreneurs have certain advantages that help them leverage their firms’ human and financial capital to achieve high growth. In support, using a sample of U.S.‐based entrepreneurial firms, we found evidence that having a female lead entrepreneur positively moderated the positive relationships between indicators of firms’ human and financial capital and high growth. The findings have implications for programs, policies, and practices to encourage more high growth in firms with female lead entrepreneurs.     

Determinants of the demand for education in Spain

The aim of this paper is to estimate an equation for household demand for both secondary and university education, using an estimation of the opportunity cost associated with the decision to invest in education. Limited dependent variable models are applied to the data provided by the Family Budget Survey 1991 for Spain. The results show that the social and economic status of the family has a comparatively greater impact on household expenditure on secondary education than on university education. The opportunity cost is also shown to be a decisive variable in the decision to invest in secondary education, although the results are less conclusive in the case of university education.     

Impact of Customer Orientation and ICT Use on the Perceived Performance of Rural Tourism Enterprises

This article sets out to highlight the importance of adopting customer orientation and information and communications technology (ICT) in tourism service delivery if the rural tourism sector is to succeed. A model is proposed and validated which encompasses the effects of customer orientation adoption and the use of ICT on the rural tourism sector, taking into account the enterprises’ financial results, improvements to the rural destination, and the more personal, intangible impact on the owner-manager. The major contributions of this work are in finding that customer orientation adoption that contributes to ICT use, and that both ICT use and customer orientation adoption contribute to better outcomes from rural tourism activity.     

Value co-creation via information and communications technology

The aims of the present work centre on determining whether co-created value constitutes a competitive advantage for firms, and whether it is capable of influencing consumer behaviour. Applying the service-dominant logic perspective, the work examines the firm's capabilities in the context of its business-to-customer (B2C) interactions, focusing on information and communications technology (ICT) as a particular driver of value co-creation. Taking this B2C perspective, ICT is measured, from the firm's point of view, and customer perceptions are analysed, using the variables ‘value co-creation’, ‘perceived value’ and ‘loyalty’. The sample consists of 100 service firms and 572 of their customers. The findings indicate that ICT capabilities have a direct effect on value co-creation, as does value co-creation on perceived value and loyalty.     

What do you prefer for a relaxing time at home: reading,watching TV or listening to the radio?

This article studies the determinants of time spent by Spanish consumers on reading, watching TV and listening to the radio. To that end, we estimate a SUR (seemingly unrelated regressions) model with data from the Spanish Time Use Survey for 2009–2010. Our results show that being self-employed has a negative and significant effect on the time dedicated to reading and to watching TV; older individuals spend more time reading, and being male influences the time spent watching TV and listening to the radio, all in a statistically significant and positive way. Additionally, those with a higher level of education spend more time reading, while those with lower levels of education prefer to watch TV. Adults with better health spend less time on both reading and watching TV, and families with larger numbers of children up to age 5 tend to spend less time on all three of our at-home leisure activities. Finally, living in a larger city has a positive effect on the time dedicated to all three options.     

Fuzzy logic and financial risk. A proposed classification of financial risk to the cooperative sector

Applying fuzzy logic to financial indicators is not a well disseminated proposal in the accounting field. This methodology allows observing the results of financial ratios with a broader perspective, showing neither completely true nor completely false results, since they can take an undetermined truthfulness value within a set of values, applying the fuzzy logic theory. The objective of this work is to introduce the reader to the application of fuzzy logic on financial risk indicators, using the ratios of one of the sector one cooperatives of Ecuador, and thus validate the level of relevance of this indicator when compared to the standardized objective of the CAMEL model and its risk rating. To apply this theory, linguistic variables were used, the ranges of which were evaluated in 0–1 scales. It was determined that the fuzzy methodology, applied to financial risks, presents a greater level of relevance toward a good credit rating, ensuring a low level of risk and a very good solvency. However, in periods of low economic activity it would stagnate in this level due to the increased risk.     

Lógica difusa y el riesgo financiero. Una propuesta de clasificación de riesgo financiero al sector cooperativo

Apply fuzzy logic in financial indicators is a proposal not widespread in the accounting field. This methodology allows us to observe the results of financial ratios with a broader perspective, showing not completely true nor completely false results, because they can take an indeterminate truth value within a set of values, applying the theory of fuzzy logic. The aim of this paper is to present the reader with the application of fuzzy logic in indicators of financial risk, using ratios of the cooperatives segment each Ecuador, and thus validate the level of relevance that has this indicator to compared with the standard meta model and CAMEL ratings. To apply these theory linguistic variables were used, which were valued at scales ranges from 0 to 1. It is determined that the diffuse methodologist applied to financial risks presented a higher level of membership to good credit rating by ensuring a level of low risk and very good solvency. However, in periods of low economic activity it would stagnate at this level for the increased risk.     

Remarks on a copula-based conditional value at risk for the portfolio problem

We deal with a multivariate conditional value at risk. Compared with the usual notion for the single random variable, a multivariate value at risk is concerned with several variables, and thus, the relation between each risk factor should be considered. We here introduce a new definition of copula-based conditional value at risk, which is real valued and ready to be computed. Copulas are known to provide a flexible method for handling a possible nonlinear structure; therefore, copulas may be naturally involved in the theory of value at risk. We derive a formula of our copula-based conditional value at risk in the case of Archimedean copulas, whose effectiveness is shown by examples. Numerical studies are also carried out with real data, which can be verified with analytical results.     

Commuting time and sickness absence of US workers

Empirica - This paper analyzes the relationship between commuting time and days of sickness absence of US workers. Using data from the Panel Study of Income Dynamics for the years 2011 to 2017, we...