Economic and Business Review (EBR)
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Creativity in Information Systems Research: A Systematic Literature Review
No full textFor more than six decades, creativity has been the cornerstone of diverse scientific disciplines, including psychology, sociology, and organizational behavior (OB) studies. Its fundamental role in guiding business prospects, driving development, and fueling economic growth has made it an essential research theme in many fields. Yet, despite its importance, scholars within the information systems (IS) discipline have highlighted the significant lack of attention paid to this concept in their research. The transformative role creativity plays in contemporary business environments, along with the ever-present need to innovate, compete, and grow, sparked our curiosity. Is creativity still an understudied area in the IS discipline, as it was 10 years ago? Our goal was not simply to examine the current state of creativity studies within the IS field, but to chart its evolution from 2010 to the present day. Through a comprehensive systematic literature review, we scrutinized papers from prestigious journals and proceedings of acclaimed conferences within the IS field. The findings map out the trajectory of creativity studies, yet also point to an emerging research gap. Accordingly, the paper provides invaluable insights into future research directions, emphasizing the need to fill the creativity studies void within the discipline of IS
Mapping Characteristics and Financial Importance of Development Banks Across the World
No full textThis paper investigates the financial importance of development banks across regions and income groups. We construct a global banking dataset for the period 1995 to 2021 and analyse the distribution of development banking assets across macro regions and country income groups. We create a composite global and national Development Bank Financial Importance index (DBFI index) that enables us to rank the most financially important development banks across the globe. Development banks play significant and diverse roles in the global financial system, but their financial importance varies across regions and income groups. The paper offers a broad analysis of the global development banking landscape and advances the area of research further
A Literature Review of HRM Systems and Firm Innovation
No full textBackground and objective: This paper integrated different theoretical perspectives and investigated how, when, and why human resource management (HRM) systems influence different types of firm innovation. Moreover, this paper presented the current dilemma and future research directions in the field of HRM systems and firm innovation.
Methods: A thorough literature review.
Results: In the HRM system perspective, there are three main types of firm innovation: innovation in products or services, innovation in processes, and innovation in people and organizations. Empirically, researchers have considered organizational capacity, capital, and climate both as moderators and mediators to explain the relationship between HRM systems and different types of firm innovation.
Conclusions: After a thorough literature review, the author suggested some insightful future research directions. For example, more HRM research is needed for the fields of innovation in processes and innovation in people and organization.
Contribution/value: This paper provides a neat and organized review of firm innovation from the HRM view. It clarifies what has been done and what needs to be done. For example, future HRM researchers may explore that if organizational capacity, capital, and climate should be moderators or mediators or both in the relationships between HRM systems and different types of firm innovation
The Process of the Intergenerational Succession of Leadership in a Family Business
No full textBackground and objective: In this paper, we explore first-generation leadership succession in family businesses which, despite extensive literature on the subject, remains insufficiently understood. Our goal is to acquire new knowledge and understanding regarding this phenomenon with a view to making it more effective.
Method: The basis of our research is a qualitative multiple case study that includes six medium-sized manufacturing family businesses. We conducted semi-structured interviews with incumbents, successors and family representatives, and analysed the data obtained using the content analysis method.
Results: The data analysis and interpretation led to a definition of the category “The way ahead: the process of succession” along with descriptions of its nine elements that help answer three research questions.
Conclusions: The research results show significant differences between the processes considered together with their uniqueness. While the need for succession planning and plan preparation is clearly expressed, no steps are taken due to the underestimation of its importance, the lack of both experience and relevant knowledge, often accompanied by emotional burdens that discourage planning.
Contribution: The study contributes original insights and new knowledge concerning the leadership succession process, succession planning, and its implementation
Giving Sense to Change Leadership: Towards a Narrative-Based Process Model
No full textIntroduction: Recent studies on change agency and organizational change failure have significantly broadened the organizational behavior perspective on individual change experiences, however, the underlying mechanism for change leaders’ influential behavior remains a relatively underspecified area.
Objectives: Our central theoretical contribution focuses on the ways in which linking the findings from different research areas that deal with storytelling and persuasive communication can contribute to understanding the underlying mechanism of change leaders’ influential behavior.
Methods: We examine the various strands of research in management concerned with change leadership and persuasive communication, and propose a multidisciplinary perspective from developmental psychology, linguistics, political science, consumer psychology, and religious studies.
Results: Our approach draws on the key theoretical perspectives from the social cognitive theory and commensurable interdisciplinary findings as the basis for a narrative-based process model of change leaders’ influential behavior. Our model includes propositions about the change leader’s interpretation of ideological change as well as the change leader’s process of sensemaking and sensegiving.
Conclusion: We argue that the change leader’s persuasive communication efforts are based on the leader’s narrative intelligence and influence, which promote the change recipient’s attachment formation
Macroeconomic Drivers, Governance, and Foreign Direct Investment in Central and Eastern European Countries (CEECs)
No full textBackground and objective: The transition to market-oriented economies in CEECs entailed significant structural economic and institutional reforms. Over the past years, studies have investigated how these reforms affected foreign direct investment (FDI) inflows. However, the evidence remains debatable and varies across countries. This study provides new insights by considering the impact of macroeconomic factors, governance, and the moderating effect of governance on the macroeconomic drivers–FDI nexus.
Methods: A panel of 12 countries from 1991 to 2020 are analysed within the framework of conventional methods and Seemingly Unrelated Regression (SUR).
Results: Results robustly suggest that gross capital formation, macroeconomic stability, and trade openness are significant determinants of FDI at 1%–5% levels. We also observe cross-country differences in FDI performance. Governance does not moderate the relationship in the full sample, but additional results uncover heterogeneous FDI behaviour.
Conclusion: In order to attract more FDI in CEECs, policymakers should invigorate domestic macroeconomic policies and trade liberalisation.
Contribution: We advance literature by documenting new linkages between macroeconomic drivers, governance, and FDI across CEECs from the lens of SUR, a gap largely ignored by extant studies
Corrigendum to “Logistics Outsourcing in Large Manufacturing Companies: The Case of Slovenia and Lessons from Other Countries”
No full textThe Impact of Wisdom and Courage on Presencing and Absencing at Work: The Mediating Role of Mindfulness
No full textBackground and Objective: Wisdom and courage are positive psychological capacities. Presencing and absencing at work are novel employee attitudes and behaviours. The objective of this paper is to explore the impact of wisdom and courage on presencing and absencing at work, while also considering possible mediation through mindfulness.
Methods: This paper hypothesises that wisdom has a positive impact on presencing and a negative impact on absencing, while courage has a negative impact on presencing and a positive impact on absencing. We expect mindfulness mediates the aforementioned relationships. An analysis is performed on a sample of 274 employees in Slovenia by applying structural equation modelling.
Results: The test results have shown that wisdom has a negative impact on absencing at work, while courage has a positive impact on absencing at work. These impacts are mediated through mindfulness. The major weakness of this research design is a low sample size and the weak construct reliability of wisdom and courage.
Conclusions: Wisdom and courage have opposing effects on presencing and absencing at work. Mindfulness is an important mediator.
Contribution/value: This research contributes to positive organisational behaviour by showing that positive psychological capacities (i.e., wisdom, courage, mindfulness) are important predictors of employee presencing and absencing
Corruption: A Review of Issues
No full textThis paper provides a historical overview of the concept of corruption, the existing models for studying it, and the main costs that corruption imposes on the economy and society at large. Corruption was first understood as a disturbance of the balance of state power, and later as the immorality of political patronage and favouritism of certain groups. It evolved from the public sphere to the intertwining of the public and private spheres, from a political issue to the intertwining of political and economic issues. The fight against corruption evolved from the maintenance of necessary checks and balances, from moral struggles against a system of privilege, to a major motive for state policy. Looking at all these aspects allows us to understand the origins and evolution of corruption and why the fight against corruption is seen as a way to lead »failed countries«, politically backward and immoral societies, to the right path of political virtue. By understanding the historical evolution of corruption and its various forms, institutions and countries in general can develop more targeted and effective anti-corruption policies to limit the occurrence of corruption
Relationship Between Customer Expectations and Financial Performance of Food Industry Businesses in a Customer Satisfaction Model
No full textResearch on customer satisfaction in repeat purchases shows that the relationship between customer expectations and customer satisfaction can be inverse to what is commonly reported. This also has an impact on the financial performance of an enterprise, which is therefore directly influenced by customer expectations. The goal of this paper is to determine whether customer satisfaction affects customer expectations and whether these expectations have a direct impact on the financial performance of an enterprise. The variables representing factors of customer satisfaction, including customer expectations, are measured using a customer survey. Business financial performance (BFP) was measured using the ROA, ROE, and Asset Turnover indicators. The model was created using Structural Equation Modelling. The research confirmed a positive direct effect of customer expectations on BFP (specifically ROA). Customer satisfaction impacted financial performance indirectly via customer expectations in two years. This suggests that the influence of customer expectations on BFP is long-term in nature, although this effect is rather weak. As customers make repeat purchases, customer expectations change. These changes reflect relationships primarily with customer satisfaction and loyalty and BFP. Customer satisfaction is shown to influence customer expectations, which in turn influence BFP. Therefore, it is advisable to focus on (raising) customer expectations in repeat purchases if the businesses want to achieve higher financial performance