HAL - Audencia Group
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Can increasing environmental policy stringency promote financial development? Evidence from developed economies.
No full textInternational audienceDespite extensive research to explore the channels through which environmental policy stringency can affect economy, to our best knowledge, current literature has not yet studied its impact on financial development in the long term. To fill this lacuna, this study empirically examines the effect of environmental policy stringency index on financial development index and its components, which are financial institutions development index and financial markets development index, in 27 OECD countries during the period 1990-2015. We found a positive association between environmental policy stringency index and financial development. The results also revealed that the past values of environmental policy stringency index can help to predict financial development index and financial institutions development index. These results imply that financial development is a new channel through which increasing environmental policy stringency could promote economic growth. Moreover, these findings show that environmental policy stringency forms a new positive determinant of financial institutions development in OECD countries
Attitude over norms: Reevaluating the dominance of attitude in shaping entrepreneurial intentions among higher education students in Global South Countries
No full textInternational audienceThis study investigates the combined influence of entrepreneurial education and personality traits on the entrepreneurial intentions of higher education students in Global South countries, where entrepreneurship is key to economic growth. Utilizing the Theory of Planned Behavior (TPB), the research analyzes data from 596 students through Partial Least Squares Structural Equation Modeling (PLS-SEM) and Fuzzy Set Qualitative Comparative Analysis (fsQCA). The findings reveal that positive attitudes towards entrepreneurship are the most significant predictor of entrepreneurial intentions, while subjective norms and perceived behavioral control do not have a significant impact. Personality traits such as locus of control and proactive personality positively influence intentions via attitude, while a high need for achievement surprisingly has a negative effect. Although entrepreneurship education enhances attitudes, it does not significantly alter perceived behavioral control or subjective norms. Incubation resources, on the other hand, increase perceived behavioral control but do not influence attitudes. The study challenges traditional TPB assumptions in the context of Global South countries and emphasizes the importance of fostering positive entrepreneurial attitudes through targeted educational and policy interventions. It also suggests that high achievers may be deterred from entrepreneurship due to the associated risks, favoring more stable and lucrative career options
International evidence on household affordability of deep decarbonization
No full textInternational audienceWe document international evidence on household affordability of deep decarbonization by applying a simple formula for an affordability index to publicly available market data. We conclude that economy-wide deep decarbonization policies are affordable for average households of the International Energy Agency’s member regions and therefore politically feasible for these regions
Not my responsibility: The framing of autonomous systems impacts sustainable choices
No full textInternational audienceAutonomous systems, such as autonomous lawnmowers, cars, and drones, are known to reduce users' sense of responsibility towards the tasks these systems carry out. However, no research to date has examined whether a reduced sense of responsibility may affect the sustainable choices users make when presented with such systems. We seek to investigate whether the framing of autonomous systems, meaning how the key characteristics of such systems are communicated to the user, can affect the user's sense of responsibility and in turn their sustainable product choices. Across three studies, we show that when autonomous systems are presented with an "autonomy frame”, emphasizing their ability to handle tasks on the user's behalf, users feel a diminished sense of responsibility for the system's environmental impact. Crucially, we see that such a reduction in responsibility leads to a preference for less sustainable versions of the system (Studies 1 & 2). Instead, when employing an "energy efficiency frame”, highlighting the system's ability to optimally manage energy consumption, users still feel a reduced sense of responsibility and yet they make more sustainable product choices, due to the activation of a prosocial focus (Study 3). This mechanism behind the energy efficiency frame's success offers a solution to counteract the negative effects observed when autonomous systems are given an autonomy frame
When policy makers want to protect investors in equity crowdfunding: Does it have regional implications?
No full textInternational audienceThis study investigates whether a policy that aims to protect investors in young unlisted companies benefits regional outsiders defined as those ventures located in regions that are usually less likely to receive equity finance. It focuses on the UK equity crowdfunding market in which a policy was introduced that imposed investment caps on unaccredited investors only, in the name of protection. The findings of this study reveal that this type of regulation may increase the likelihood of regionally disadvantaged ventures at raising capital. Despite this increase, they are still less likely to issue equity successfully
Trapped in cisnormative and binarist gendered constraints at work: How HR managers react to and manage gender transitions over time
No full textInternational audienceThis article examines the ways transitioning employees perceive employing organizations’ readiness and willingness to deal with gender transitions and identifies barriers to those employees being able to express their gender in the workplace in their preferred manner. We draw on interviews with 25 transitioning trans persons who, over a period of two years, were interviewed on four occasions and asked about the ways in which their gender transition was handled at work. It appears that societal cisnormative and binarist gender regimes are pervasive in HR practices, restricting the support for, and acceptance of, trans and non-binary employees’ gender transitions in the workplace in several ways. Besides confirming the perceived lack of organizational knowledge about transgender issues in general, and gender transitions more specifically, the interviews reveal that in order to become intelligible for HR managers and colleagues, employee transgender status has to be both visible, and unambiguously attributable to either a male or female gender expression. Everything in-between, gender-non-conforming, non-binary, non-gendered, or mutable seems to be met with confusion and receives less acceptance and support. Furthermore, the results show the temporal and declining nature of support and understanding during a gender transition. Practical and theoretical implications are discussed
Personality development goals at work: Would a new assessment tool help?: Wen-Dong Li; Jing Hu; Jiexin Wang
No full textInternational audienceWe commend the focal article by Dupré and Wille (2024) that introduces personality development goals at work. Yet, to many organizational researchers, this may strike as a bold proposal given its novelty and provocative nature. Seeing the potential of this proposal, we offer discussions on potential theoretical and methodological challenges that researchers, who are eager to advance this line of research, may encounter. We encourage future research to tackle these issues in order to further advance theoretical developments and practical applications of personality development at work
De-dollarization Strategies: Lessons from Past Experiences
No full textThe adoption of a foreign currency as a substitute to local currencies by economic agents, usually called dollarization, is a major challenge faced by governments and their fiscal and monetary authorities going through crises. This paper presents a review of the fiscal, monetary and administrative actions undertaken by “dollarized” countries throughout our recent history. It aims at defining the sequence and list of the best practices to be adopted to de-dollarize and reverse a trend that undermine the trust in local currency and in sovereignity, and could affect financial and economic stability
Indirectly Disabled yet Empowered by Revealing Vulnerability
No full textInternational audienceLaura is the mother of a child with autism. She is also a university professor and a disability researcher. She reflects, alongside other disability researchers, on how she cares for her disabled child and simultaneously navigates academia. Laura initially complied with ableist norms by making her struggles invisible and trialled taking on a managerial role in which she failed. During this journey, she felt indirectly disabled through her child. Over time, Laura has begun to reveal her vulnerability at work, paving the way for others towards more openness about and acceptance of challenging personal situations that influence all areas of life. We point to the permanent nature of informal caregiving for disabled family members, highlight the hidden burdens employees may carry as they comply with ableist norms and identify exposure of one’s vulnerability as a powerful tool that allows individuals to bring their whole selves to work