International Journal of Professional Business Review
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RESOLUÇÃO EXTRAJUDICIAL DE CONFLITOS SOCIETÁRIOS: O PAPEL DAS DEADLOCK CLAUSES
Objectives: This article seeks to analyze the clauses of forced purchase and sale of quotas as a way to resolve corporate conflicts contractually, without the need for intervention by the judiciary or arbitration.
Theoretical Framework: The research is aimed at limited liability companies composed of two partners with an equal amount of quotas, as this formation is conducive to the emergence of conflicts that are hardly resolved out of court, which justifies the use of forced purchase and sale clauses for the exclusion of one of them.
Method: The research was carried out mainly through the methodology of data collection contained in bibliographic survey and jurisprudential decisions.
Results: In view of this, it was concluded, with the research, that the forced purchase and sale of quotas is an effective mechanism for the solution of corporate disagreements, and guarantees the setting of fair values for the operation, and it is also important for the preservation of the company, which is a basic principle of business law.
Discussion: The clauses of forced purchase and sale of quotas do not have a legal affirmation, consisting of a creation arising from business practice. For this reason, it is appropriate to investigate their nature, lawfulness and how they are valued in resolving disagreements. In addition, it is also necessary to investigate its variants and its effects on the possible affectio societatis existing between members of limited liability companies.
Research Implications: The use of deadlock provisions allows partners to resolve their conflict more quickly and efficiently. In addition, it reduces costs and time, which are important factors when seeking the preservation of the company. Because of this, the research brings a specific contribution in the field of corporate law, impacting not only the legal technique, but also the market agents, since they have another mechanism for the prevention and control of litigation between partners.
Originality/Value: Deadlock clauses enable the resolution of corporate conflicts contractually, without the need for intervention by the judiciary or arbitration, which reduces costs, time and consequently reinforces the principle of preservation of the company. Therefore, the application of the knowledge built through research allows a gain in economic efficiency for partners of legal entities dedicated to the exploration of business activities.Este artigo analisa as cláusulas de compra e venda forçada de quotas como forma de resolver conflitos societários contratualmente, sem a necessidade de intervenção do judiciário ou da arbitragem, o que diminui custos, tempo e consequentemente, reforça o princípio da preservação da empresa.
A pesquisa é voltada para sociedades limitadas compostas por dois sócios com quantidade igualitária de quotas, pois, essa formação é propícia para o surgimento de conflitos que dificilmente são resolvidos extrajudicialmente, o que justifica a utilização das cláusulas de compra e venda forçada para a exclusão de um deles. Além disso, por se tratar de sociedade intuitu personae no decorrer da pesquisa são analisados os efeitos dessas disposições perante a affectio societatis, e demonstrado que sua utilização serve na verdade para reforçar o vínculo dos sócios, ao manter a relações pessoais intocadas.
Diante disso, conclui-se com a pesquisa que, a compra e venda forçada de quotas é mecanismo eficaz para a solução de desavenças societárias, e garante a fixação de valores justos pela operação, sendo importante ainda para a preservação da empresa, que se trata de princípio basilar do direito empresarial
MODELO DE GESTIÓN DE CALIDAD DE LA EMPRESA PÚBLICA DE AGUAS POTABLE Y ALCANTARILLADO DE RIOBAMBA, ECUADOR
Objetivo: Aplicación de un modelo de gestión de calidad de vida laboral, que propicia un elevado desempeño empresarial y la efectividad en la prestación de los servicios de la empresa pública de aguas potable y alcantarillado (Ep-Emapar) del cantón Riobamba, provincia de Chimborazo, de Ecuador.
Marco Teórico: En este tema se presentan los principales conceptos y teorías que sustentan la investigación. Granados I. (2011) el “término calidad de vida laboral tuvo sus orígenes en una serie de conferencias patrocinas al final de los años 60 y comienzos de los 70 por el Ministerio de Trabajo de los EE.UU. y la Fundación FORD.
Método: Las tendencias metodológicas para evaluar la calidad de vida combinan enfoques cuantitativos y cualitativos, cada uno contribuyendo al desarrollo de instrumentos, indicadores y escalas que buscan abarcar la mayor cantidad de dimensiones posibles, dada la naturaleza multidimensional de este concepto. Entre los materiales y métodos y de modo general nos enfocaremos en aspectos que ofrecen, luego de su aplicación, los resultados obtenidos.
Resultados y Discusión: El análisis de los resultados muestra fortalezas en bienestar físico y emocional, y desarrollo personal; sin embargo, existe una necesidad de mejorar en inclusión social, relaciones interpersonales y autodeterminación, lo que limitaría la cohesión y motivación del equipo.
Implicaciones de la Investigación: Esta investigación permite identificar áreas clave de mejora en la calidad de vida laboral, como inclusión social, relaciones interpersonales y autodeterminación.
Originalidad/Valor: Este estudio aporta un modelo de gestión innovador para mejorar la calidad de vida laboral en EP-EMAPAR, optimizando el desempeño y bienestar del personal, y generando un impacto positivo en el servicio público y la comunidad
EXAMINING THE INFLUENCE OF VARIOUS BIG DATA CAPABILITIES ON TOURISM FIRMS IN SAUDI ARABIA
Purpose: This current paper investigates how important big data capabilities influence Business Performance (PF) in the Saudi tourism sector, in line with Saudi Vision 2030's digital transformation evolution efforts and initiatives.
Objectives: The key-objective is thus to analyze/examine the impact of Data-Driven Culture (DDC), Technology Capabilities (TECH), Technical Skills (TSKL), and Managerial Skills (MSKL) on firm performance and identifying among them is the most impactful.
Theoretical Framework: The study draws on Resource-Based Theory (RBT) and Social Materialism Theories to explore /scrutinize the strategic role of big data analytics capabilities in boosting competitiveness and driving growth within a rapidly evolving industry.
Method: The methodology involved a self-administered questionnaire with variable measurements derived from previously published studies. A total of 695 responses were collected, out of which 471 were valid after accounting for 220 incomplete and four outlier responses.
Results and Discussion: Analysis indicates that Technical Skills (TSKL), Managerial Skills (MSKL), and Data-Driven Culture (DDC) have a statistically significant positive impact on firm performance. Conversely, Data-Driven and Technology Capabilities did not directly enhance performance, possibly due to issues related to maturity levels or implementation quality. Hypotheses (H3), (H4), and (H5) are accepted, confirming the positive impact of (TSKL), (MSKL), and (DDC). Hypotheses (H1) and (H2) related to (DD) and (TECH) are rejected.
Research Implications: The findings highlight the necessity for organizations in the Saudi tourism industry to implement a maturity model that fosters gradual development and integration of analytics capabilities to fully leverage their potential.
Originality/Value: This study fills a gap in the existing literature by providing real valuable empirical evidence on the impact of big data analytics capabilities on firm performance in Saudi Arabia's tourism sector. It underscores the importance of contextual factors like organizational culture and analytics maturity, which could influence the efficacy of these capabilities
DESIGN OF A SCHOOL BUTTERFLY GARDEN AS AN EXPERIENTIAL LEARNING STRATEGY TO STRENGTHEN STUDENTS' SCIENTIFIC AND ENVIRONMENTAL COMPETENCIES
Objective: This study aims to diagnose the level of students' scientific and environmental competencies to design an educational proposal based on the development of a school butterfly garden as an experiential learning strategy. The research is grounded in the active methodology of experiential learning, aligned with constructivist theories that assert knowledge is built through active interaction with the environment.
Methodology: The adopted methodology follows a quantitative approach, with explanatory scope, and a quasi-experimental design. Data collection was carried out through an initial diagnosis using a pre-test with items selected from the ICFES "Evaluar para Avanzar" (2021-2023) booklets in the areas of Natural Sciences and Environmental Education.
Results: The results showed varied performance: in the "inquiry" competency, students achieved an average of 51.2% correct answers; in "phenomenon explanation," the average was 56.9%; and in "comprehensive use of scientific knowledge," 43.8%. These findings indicate that, while there is a foundational understanding of science, deficiencies remain in specific competencies necessary for developing solid scientific thinking.
Conclusions: The conclusions highlight the need to implement educational strategies focused on indicators with lower performance, using active methodologies that promote practical, participatory, and contextualized learning. This study proposes the school butterfly garden as an innovative model for Natural Sciences education, fostering both the development of scientific competencies and students' environmental commitment
Perception of Sustainability and Strategies of Bulgarian Companies
Purpose: The article aims to investigate how different understanding of ESG and/or CSR influence the adoption of formal ESG/CSR policy and relevant activities, and which factors are related to it as there is a gap in research
on the formation of ESG/CSR strategy.
Theoretical Framework: ESG strategies are one of the critical components for ensuring sustainable growth (Liang et al., 2022), but the understanding of the concept is not necessarily guaranteed. Moreover, despite the increasing interest in the topic, the literature concerning transition and emerging economies and ESG practices is still quite limited (Garcia et al., 2017).
Design/Methodology/Approach: We surveyed various national companies with scalability about their perception and implementation of CSR/ESG and identified three clusters of enterprises based on their understanding of responsibility and sustainability. We analyzed the likelihood of adopting a CSR/ESG strategy for each type.
Findings: The study reveals different elements which impact the process of forming a sustainability strategy in a transition economy and confirms the one of significant precondition is the company size. In addition, strong brands are seen as predictor of a strategy implementation.
Research, Practical & Social Implications: We suggest that business which tend to address the dimension of sustainability have a comprehensive attitude toward strategy adoption and for effectively practicing sustainability awareness of the concept and all its dimensions is key. Based on the classification of the different companies their CSR/ESG activities could be analyzed.
Originality/Value: The results show major factors of sustainability which are crucial to implement a formal sustainability strategy
AN ASSESSMENT OF GENDER RELATED FACTORS AND ENTREPRENEURIAL INTENTIONS OF STUDENTS IN SELECTED PUBLIC TERTIARY INSTITUTIONS IN NIGERIA
Purpose: The purpose of this study was to examine gender related factors and entrepreneurial intentions of students in selected tertiary institutions in Nigeria. It was as well focused on the barriers to male and female entrepreneurial activities in the selected tertiary institutions in Nigeria, to determine how effective entrepreneurship education is shaping the entrepreneurial intentions of female and male students in the selected tertiary institutions, examine how entrepreneurial intention of male and female students differ in the selected tertiary institutions; and to assess the gender stereotype for male and female students in the selected tertiary institutions.
Theoretical Framework: The common stereotypical view of females being submissive to their male counterparts is said to be clashing with the inherent nature of entrepreneurship intention, and the propensity towards launching an entrepreneurial business may be seen as an impairing factor for female students. In this sense, the paper has sought to systematically review various publications on gender related factors and entrepreneurial intentions of students of public tertiary institutions.
Design/Methodology/Approach: The study adopted a cross-sectional survey method using a structured questionnaire. The study area comprised of selected public tertiary institutions in Southwest Nigeria. Six tertiary institutions were selected for the purpose of this study. Students that have participated in entrepreneurship education in the selected tertiary institution in Nigeria are the target population for the study. Data from 351 respondents were assessed based on gender related factors and entrepreneurial intentions of students in selected tertiary institutions in Nigeria using descriptive and inferential statistics.
Findings: The study found female students facing more barriers in balancing academic and entrepreneurial activities compared to male students. The study recommends that proper orientation should be given to students on the importance of entrepreneurship education and how it can help them to become self-employed after school and students should be properly oriented on barriers and gender stereotypes, and how it influence their entrepreneurial intentions.
Originality/Value: The study therefore concludes that the distribution of barriers is not the same across the two categories of gender. Meanwhile, balancing academic and entrepreneurial activities, bad state of the economy and lack of capital as well as access to funds were the most popular barriers to entrepreneurial activities among tertiary institution students in Nigeria. Entrepreneurship education has statistically significant influence on entrepreneurial intention of students in Nigerian tertiary institutions. Three gender based stereotypes: active and energetic, sensitive to the needs of others and prone to position were statistically significantly different between female and male students which are not sufficient for generalization in this study. Nevertheless, the level of entrepreneurial intention is the same across the two categories of gender
Airport Infrastructure Development: A Comprehensive Impact Review
Purpose: Airports play a vital role in global transportation networks, facilitating the movement of people, goods, and services, while also serving as catalysts for economic growth; however, it also has an environmental and social impact that needs to be analyzed. This literature review aims to address knowledge gaps concerning the influence of airport infrastructure on economic, socio-economic, environmental, and sustainability factors.
Theoretical Framework: Adopts a multidisciplinary approach, blending economic, environmental, and societal theories of impact.
Design/Methodology/Approach: The SPAR-4-SLR protocol was utilized, analyzing a comprehensive set of 32 scientific papers categorized within the previously mentioned areas.
Findings: Several areas were identified that require further investigation, including strategies to mitigate the environmental impact of airports, assessment of socio-economic implications on local communities, and ensuring the long-term sustainability of airport operations.
Originality/Value: Going beyond the conventional focus, the study provides original insights that extend the understanding of direct economic benefits, environmental consequences, and societal impacts. By synthesizing diverse perspectives, this research contributes significantly to the discourse on airport development, making it an invaluable resource for policymakers, industry stakeholders, and researchers
OPTIMIZING PROJECT TIMELINES: THE IMPACT OF E-PROCUREMENT IN ACCELERATING PUBLIC SECTOR PROJECTS IN NIGERIA
Purpose: E-procurement is recognized globally as a tool for enhancing efficiency and transparency, with major intergovernmental bodies advocating its adoption. This study investigates the impact of electronic procurement (e-procurement) on project completion times in the Nigerian public sector. The research focuses on e-tendering, e-invoicing, and e-sourcing, hypothesizing their effects on project completion times.
Theoretical Framework: The study employs a conceptual framework highlighting the interplay between e-procurement practices and government policies. Theoretical frameworks, including Innovation Diffusion Theory and Technology Acceptance Theory guided the study.
Design/Methodology/Approach: The study adopted a descriptive survey research design to collect primary data from 361 procurement staff from four agencies in Abuja using a structured questionnaire. Data collected were analysed using descriptive statistics and multiple regression analysis.
Findings: The results indicate a positive relationship between e-procurement practices and project completion times, with e-invoicing having the most significant impact. However, the introduction of government e-procurement policies as a variable diminishes the individual effects of e-tendering, e-invoicing, and e-sourcing.
Research, Practical & Social Implications: The study established a positive relationship between electronic procurement practices and project completion times, with higher implementation levels resulting in shorter project durations. However, organizations should evaluate their impact, balance oversight and efficiency.
Originality/Value: By focusing specifically on the Nigerian public sector, testing clearly defined e-procurement elements, collecting robust primary data, and generating new context-specific evidence, this study makes an original, timely and valuable contribution to knowledge on the impact of e-procurement adoption
INFLUENCE OF THE CHARACTERISTICS OF SMALL AND MEDIUM FAMILY BUSINESSES ON CRM IMPLEMENTATION: A CASE STUDY
Purpose: This paper aims to explore the customer relationship management (CRM) strategies adopted by Family Small and Medium Entreprises (SME), while highlighting the impact of their characteristics and their assets on the choice and the adoption of these CRM strategies.
Methodology: Since the unique case study approach allows in-depth, multi-faceted explorations of complex issues, we opted for it as a research strategy in order to develop a detailed understanding of the problem. Therefore, an in-depth case study was carried out within a small and medium family business in Morocco.
Findings: Through this study, we have highlighted causal links between the characteristics and specificities of the family SMEs and their impacts on the adoption and implementation of CRM tools and strategies. While some characteristics linked to the nature of family SMEs such as participatory management style, familiness, the desire to transmit the business to future generations and proximity to customers constitute assets for the implementation of CRM, other characteristics, such as the desire to maintain financial independence and recruitment policies that are most often in favor of family members despite their competence, can negatively influence the implementation of successful CRM projects.
Implications for Theory and Practice: The results of the present paper allow the authors to draw conclusions that are relevant to both academics and practitioners. As for the theoretical implications, this study highlights the relationship between the characteristics of family SMEs and the choice and implementation of CRM strategies, while relying on their strengths. Furthermore, developing a good understanding of the specificity of CRM adoption and implementation approaches within family SMEs has important managerial implications for family SME decision-makers, as it can help them make better decisions regarding the choice of relevant CRM strategies and to optimize the deployment of available human, financial and technological resources, while relying on their socio-emotional wealth and their motivation to perpetuate the company.
Originality: This paper is one of the first to explore CRM strategies adopted by family SMEs. The authors present a conceptual framework that can help researchers and practitioners better understand how the family business nature can influence decisions about CRM tools and strategies implementation
DIGITAL TRANSFORMATION POTENTIAL: THE ROLE OF ARTIFICIAL INTELLIGENCE IN BUSINESS
Purpose: The integration of Artificial Intelligence (AI) into business operations has become a pivotal driver of innovation and efficiency. This research paper explores the multifaceted landscape of AI implementation in businesses, examining the benefits of AI implementation.
Theoretical Framework: The methodology adopted for this research comprises Semi-structured interviews with six key stakeholders’ executives, AI project managers, and digital transformation staff. Six additional globally businesses were chosen for case studies based on AI adoption maturity and digital transformation performance. Additionally, a qualitative content study of AI and digital transformation literature was conducted.
Results and Discussion: The study revealed that as businesses continue to integrate AI, a balanced approach considering workforce implications is crucial to realizing the full potential of AI. The study also found out that the adoption of Artificial Intelligence in business is a nuanced process shaped by a confluence of factors. Organizational leadership, culture, resource availability, perceived benefits, regulatory considerations, data security, technology evaluation, and workforce readiness all play intricate roles. Thus, a holistic understanding of these factors empowers organizations to navigate the complex space of AI adoption, unlocking its transformative potential.
Research Implications: The study's findings have many practical implications to businesses adoption of AI. AI, managers must promote innovation and adaptability. AI implementation requires human and technology capital. To reduce AI risks, legal and data security measures must be followed. To prepare employees for an AI-enabled workplace, organizations should adopt comprehensive training and development programs. Businesses may overcome AI implementation challenges and capitalize on its disruptive potential by addressing these five pragmatic elements.
Originality and Value: This study contributes to the literature by offering insights into the nuanced landscape of AI adoption in businesses, emphasizing the crucial role of workforce considerations. It provides a comprehensive understanding of the multifaceted factors shaping AI implementation. The relevance and value of this research are evidenced by the holistic approach and contributes valuable guidance for organizations navigating the complexities of AI adoption, fostering innovation and efficiency while prioritizing workforce integration