Template-Type: ReDIF-Article 1.0 Author-Name: Ryan Joel Thomasz Author-X-Name-First: Ryan Joel Author-X-Name-Last: Thomasz Author-Name: Jeremy Chua Kun Da Author-X-Name-First: Jeremy Chua Kun Author-X-Name-Last: Da Author-Name: Melissa Lim Jie Yi Author-X-Name-First: Melissa Lim Jie Author-X-Name-Last: Yi Author-Name: Soon Beng Chew Author-X-Name-First: Soon Beng Author-X-Name-Last: Chew Title: How globalisation affects Singapore's unit labour costs in the manufacturing sector Abstract: Given the scale of how globalisation has transformed our industries, it was imperative for us to explore if success in interconnected markets rely solely on sustaining low unit labour costs (ULC). While low ULCs are conventionally equated with constrained wage growth for workers and high labour productivities, we conducted a novel estimation study that encompasses ULC's primary determinants - real remuneration growth, capital intensity growth and total factor productivity (TFP) growth - in assessing cost competitiveness. Our findings of Singapore's manufacturing sector up to the two-digit level revealed that cost competitiveness can be maintained if increases in real wages are offset by proportionate increases in capital intensity and TFP. The results reaffirm the conclusions of Ordóñez and his colleagues (2015) and provide empirical evidence for Singapore's on-going effort to restructure her economy. Hence, an economy primarily needs to be manpower-lean, more capital-intensive and foster high TFP growth to compete more effectively. Journal: Int. J. of Business and Globalisation Pages: 1-17 Issue: 1 Volume: 20 Year: 2018 Keywords: globalisation; unit labour costs; ULC; cost competitiveness; remuneration; capital intensity; total factor productivity growth; TFPG. File-URL: http://www.inderscience.com/link.php?id=88660 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:1:p:1-17 Template-Type: ReDIF-Article 1.0 Author-Name: Gadaf Rexhepi Author-X-Name-First: Gadaf Author-X-Name-Last: Rexhepi Author-Name: Veland Ramadani Author-X-Name-First: Veland Author-X-Name-Last: Ramadani Author-Name: Vanessa Ratten Author-X-Name-First: Vanessa Author-X-Name-Last: Ratten Title: TQM techniques as an innovative approach in sport organisations management: toward a conceptual framework Abstract: One of the most important aspects that sport organisations need to pay attention when it comes to being competitive is the use of total quality management (TQM) techniques. The aim of this paper is to develop a conceptual framework of the use and influence of TQM techniques in the sports organisations' performance by providing the relationship between these techniques and overall performance. Our conceptual framework is based on the influence of these techniques: quality circles, benchmarking, continuous improvement (kaizen), empowerment and outsourcing. These techniques contribute to increase the overall quality, increase innovations, increase the employees' involvement and loyalty and increase the financial stability of sport organisations. Journal: Int. J. of Business and Globalisation Pages: 18-30 Issue: 1 Volume: 20 Year: 2018 Keywords: total quality management; TQM; TQM techniques; sport organisation; quality programs; performance. File-URL: http://www.inderscience.com/link.php?id=88661 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:1:p:18-30 Template-Type: ReDIF-Article 1.0 Author-Name: Nabila Nisha Author-X-Name-First: Nabila Author-X-Name-Last: Nisha Author-Name: Bikramaditya Ghosh Author-X-Name-First: Bikramaditya Author-X-Name-Last: Ghosh Title: Causal relationship between leverage and performance: exploring Dhaka Stock Exchange Abstract: To magnify shareholders' returns, managers employ the use of debt in the firms' capital structure. However, excessive debt financing can often cause financial distress for the firms. In fact, various debt equity ratio levels may lead to different financial performance when compared for high levered and low levered firms. Thus, the aim of this paper is to examine the cause and effect relationship between financial leverage and financial performance of firms. To pursue the purpose, a purposive sample of 163 non-financial firms listed on the Dhaka Stock Exchange (DSE) was selected to conduct this study. Findings indicate that there was no significant difference in the financial performance between high levered and low levered firms, neither in terms of their size nor growth rates. A negative relationship therefore persists between leverage and performance of such firms. Implications of these findings can provide policy guidelines for managers and directions for any further work in this context. Journal: Int. J. of Business and Globalisation Pages: 31-49 Issue: 1 Volume: 20 Year: 2018 Keywords: leverage; performance; capital structure; growth rates; firm size; levered firms; Bangladesh. File-URL: http://www.inderscience.com/link.php?id=88663 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:1:p:31-49 Template-Type: ReDIF-Article 1.0 Author-Name: Isaac Boadi Author-X-Name-First: Isaac Author-X-Name-Last: Boadi Title: The predictability of Ghana stock returns: implications of fundamental information analysis Abstract: The purpose of this research is to examine the predictability of stock returns by using fundamental information analysis in the Ghana stock market. The study employed the generalised methods of moments (GMM) as the main regression tool using a data spanning from 1997-2009. Findings from this research reveal that fundamental information, i.e., selected financial ratios are statistically significant predictor of stock returns (STR) across all the listed firms. Varying relationships are produced when stock returns are decomposed into capital gains and dividend returns during the period under review. This indicates that possibility may exist for this information to be used in an attempt to earn abnormal returns in Ghana stock market. Journal: Int. J. of Business and Globalisation Pages: 50-70 Issue: 1 Volume: 20 Year: 2018 Keywords: stock returns; fundamental; predictability; generalised methods of moments; GMM; Ghana. File-URL: http://www.inderscience.com/link.php?id=88664 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:1:p:50-70 Template-Type: ReDIF-Article 1.0 Author-Name: Patrick Planing Author-X-Name-First: Patrick Author-X-Name-Last: Planing Title: Towards a circular economy - how business model innovation will help to make the shift Abstract: The overall aim of this paper is to develop a new conceptual framework for the role of business models in a circular economy. The shift towards a circular economy will be mandatory in order to sustain growth despite the limited amount of resources on our earth. Yet, a fundamental understanding of the business models needed to achieve this goal is still missing. Reviewing existing research as well as professional and for-business publications, the author develops a conceptual model by clustering and abstraction. The first part of this paper demonstrates that, despite wording differences, a predominant agreement on a basic structure for new business models in a circular economy has emerged in the field. The second part develops a conceptual model for the transition towards a circular economy by introducing a hierarchical structure of new business models. By outlining the roadmap towards result-oriented business models, this structure will contribute to a faster transition into a circular economy. Journal: Int. J. of Business and Globalisation Pages: 71-83 Issue: 1 Volume: 20 Year: 2018 Keywords: business model development; circular economy; business innovation; business model innovation. File-URL: http://www.inderscience.com/link.php?id=88665 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:1:p:71-83 Template-Type: ReDIF-Article 1.0 Author-Name: Russell J. Zwanka Author-X-Name-First: Russell J. Author-X-Name-Last: Zwanka Title: Hypernorms pull ahead: a conceptual framework of social media's impact on the integrative social contracts theory Abstract: This paper reviews the potential impact of social media on Donaldson and Dunfee's integrative social contracts theory (ISCT), and the necessity of a corporate social responsibility (CSR) policy and code of ethics in a global business setting. The conceptual framework is formed through an academic review of each of these four concepts: ISCT, CSR, codes of ethics, and social media communication. The idea is that hypernorms, those 'universal truths' in the ISCT, are becoming the leading variable in business ethical decision making; whilst cultural relativism is becoming less relevant, because of the rise of social media communication. The paper includes implications for the development of a global ethical decision-making process, including a theory that social media may have caused a need for a change in the ISCT decision-making process. The study proposes that communication changes have led to a transparency, which could potentially render cultural relativism less impactful. Journal: Int. J. of Business and Globalisation Pages: 84-95 Issue: 1 Volume: 20 Year: 2018 Keywords: social media; integrative social contracts theory; ISCT; corporate social responsibility; CSR; code of ethics; hypernorms; universal truths; ethical decision making; cultural relativism; global business framework; global business; globalisation; morals and values. File-URL: http://www.inderscience.com/link.php?id=88666 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:1:p:84-95 Template-Type: ReDIF-Article 1.0 Author-Name: Martin Surya Mulyadi Author-X-Name-First: Martin Surya Author-X-Name-Last: Mulyadi Author-Name: Shiella Budiawan Author-X-Name-First: Shiella Author-X-Name-Last: Budiawan Title: Analysis of going concern modified audit report in Indonesia and Singapore Abstract: Audit reports are very useful for both internal and external decision makers as they provide assurance over financial reports which often reflect the going-concern ability of a company. Going-concern-modified audit reports are seen as a credible signal from auditors regarding the financial condition of the company. This research analyses determinants of going-concern-modified audit reports in Indonesia and Singapore. Despite the difference of these two countries, our findings show similar evidence in both countries. Even though prior studies document that companies' characteristics, companies' financial performance and auditors' characteristics may determine the issuance of going-concern-modified audit reports, it is not evident in our study. Despite these variables, we found that the previous year audit report is a significant determinant of issuance of a going-concern- modified audit report. This suggests that this report is a credible signal of a company's financial distress. Journal: Int. J. of Business and Globalisation Pages: 120-127 Issue: 1 Volume: 20 Year: 2018 Keywords: going-concern; going-concern-modified audit reports; audit reports; financial condition; financial distress; Indonesia; Singapore. File-URL: http://www.inderscience.com/link.php?id=88667 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:1:p:120-127 Template-Type: ReDIF-Article 1.0 Author-Name: Maja Bašić Author-X-Name-First: Maja Author-X-Name-Last: Bašić Author-Name: Davor Vlajčić Author-X-Name-First: Davor Author-X-Name-Last: Vlajčić Author-Name: Ivan Novak Author-X-Name-First: Ivan Author-X-Name-Last: Novak Title: Internationalisation modes in the Australian telecommunications industry: the influence of different innovation types Abstract: This paper identifies the influence of product, service and process innovation, radical innovation, competitive intensity and international customer requirements on the firms' preferred internationalisation mode. The empirical research was conducted by means of the questionnaire survey on the Australian telecommunications industry between April and September 2014. The multinomial logistic regression analysed 88 responses with respect to 'no', 'non-equity' and 'equity' internationalisation modes. The results suggest that: 1) internationalisation modes vary according to firm age, R%D intensity and international customer requirements; 2) product innovation and competitive intensity significantly influence firms' preference for 'equity' compared to 'non-equity' internationalisation; 3) neither service nor process innovations are significant predictors of 'equity' compared to 'non-equity' internationalisation; 4) radical innovations significantly predict firms' preference for 'no' compared to 'non-equity' internationalisation. Pertaining to the transaction cost theory, the analysis showed that product innovations are the most important predictor of firms' preference for 'equity' over 'non-equity' internationalisation, and radical innovations bound firms' operations to a domestic market. Journal: Int. J. of Business and Globalisation Pages: 96-119 Issue: 1 Volume: 20 Year: 2018 Keywords: internationalisation mode; equity internationalisation; non-equity internationalisation; product innovation; service innovation; process innovation; radical innovation; competitive intensity; international customer requirements; transaction cost theory; telecommunications industry; Australia. File-URL: http://www.inderscience.com/link.php?id=88670 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:1:p:96-119 Template-Type: ReDIF-Article 1.0 Author-Name: Seon Levius Author-X-Name-First: Seon Author-X-Name-Last: Levius Author-Name: Mahdi Safa Author-X-Name-First: Mahdi Author-X-Name-Last: Safa Author-Name: Kelly Weeks Author-X-Name-First: Kelly Author-X-Name-Last: Weeks Title: Information and communication technology strategies to improve international competitiveness in the wholesale and retail trade sector Abstract: The study explored the information and communication technology (ICT) strategies that managers of Barbados's wholesale trade businesses use to improve international competitiveness in Barbados. The resource-based view theory was the conceptual framework for this study. Data collection included semi-structured interviews with 15 business managers, participant observation, and organisational document analysis. Data analysis and methodological triangulation revealed four themes that helped to understand the findings within the context of the research question and the purpose of the study. These themes included competitive position and response, internal factors, IT-specific factors, and ICT experiences. Implications of social change include providing business managers with specific knowledge on ICT strategies used to improve international competitiveness in Barbados and an understanding of desirable and undesirable perspectives held regarding these strategies. Journal: Int. J. of Business and Globalisation Pages: 128-138 Issue: 1 Volume: 20 Year: 2018 Keywords: information and communication technology; ICT; international competitiveness; wholesale and retail; globalisation; organisational environment; economic partnership. File-URL: http://www.inderscience.com/link.php?id=88680 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:1:p:128-138 Template-Type: ReDIF-Article 1.0 Author-Name: Ana Sousa Author-X-Name-First: Ana Author-X-Name-Last: Sousa Author-Name: Helena Nobre Author-X-Name-First: Helena Author-X-Name-Last: Nobre Author-Name: Minoo Farhangmehr Author-X-Name-First: Minoo Author-X-Name-Last: Farhangmehr Title: Exploring the effects of ethnocentrism and country familiarity in consumer preference and brand recognition Abstract: This paper aims to explore the effects of ethnocentrism in consumer preference of domestic versus foreign products. In addition, the paper also aims to explore country-of-origin familiarity in international products/brands recognition. The study departs from the theoretical assumption that country image is a driving factor for brand internationalisation. A quantitative study was carried out on a sample of 177 consumers. Findings suggest that, although country familiarity is an important factor for international brand recognition, consumer product associations are more effective on brand preference and purchase decision. Results also indicate that ethnocentrism seems to act as a barrier for foreign brands, as consumers tend to remember and prefer their own domestic brands. Journal: Int. J. of Business and Globalisation Pages: 139-151 Issue: 2 Volume: 20 Year: 2018 Keywords: country image; domestic products/brands; country familiarity; country-of-origin; COO; ethnocentrism; brand internationalisation. File-URL: http://www.inderscience.com/link.php?id=89864 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:2:p:139-151 Template-Type: ReDIF-Article 1.0 Author-Name: Núria Arimany-Serrat Author-X-Name-First: Núria Author-X-Name-Last: Arimany-Serrat Author-Name: Xavier Ferràs Hernández Author-X-Name-First: Xavier Ferràs Author-X-Name-Last: Hernández Author-Name: Petra Nylund Author-X-Name-First: Petra Author-X-Name-Last: Nylund Author-Name: Emma Hitchen Author-X-Name-First: Emma Author-X-Name-Last: Hitchen Title: Determinants of high-growth firms during the financial crisis: evidence from Catalonia Abstract: This study profiles and provides an economic and financial analysis of high-growth Catalan firms during the period 2008-2013, identified from an objective search using the SABI database. The firms experienced a minimum 10% increase in sales between the years 2010, 2011, 2012 and 2013, a 5% minimum ROA in 2013, and a 2% minimum ROE in 2013. The aim of this study is to profile the Catalan firms with the strongest growth and determine their financial and economic health during the period 2008-2013, identifying sectors and regions which experienced the most growth. The methodology consists of an economic and financial analysis of the short-term balance sheet (with emphasis on liquid assets directly related to the cash flow statement), of the long-term balance sheet, of profit or loss of changes in equity, and collections and payments, in order to reach results and conclusions which enable these firms to position themselves at an economic and financial level, and identify future challenges in order to maintain their competitiveness. Journal: Int. J. of Business and Globalisation Pages: 152-170 Issue: 2 Volume: 20 Year: 2018 Keywords: high-growth firms; Catalonia; financial analysis; statement of changes in equity analysis; cash flow statement analysis; economic analysis. File-URL: http://www.inderscience.com/link.php?id=89865 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:2:p:152-170 Template-Type: ReDIF-Article 1.0 Author-Name: Samantha Zuidam Author-X-Name-First: Samantha Author-X-Name-Last: Zuidam Author-Name: Carel Roessingh Author-X-Name-First: Carel Author-X-Name-Last: Roessingh Title: Foreign monopoly and local disappointment in a small-scale tourism community: the case of Las Peñitas, Nicaragua Abstract: This article describes how small entrepreneurs in the tourism industry of Las Peñitas, Nicaragua, try to cope with contextual changes caused by the development of tourism. The research method for this article is ethnographic. During the fieldwork in Las Peñitas, multi-qualitative research methods have been used, like participant observation and interviews. Hoping to obtain a substantial share of the income-growth derived from the new industry, part of the local population shifted from their previous jobs to professions in the tourism industry. Most local entrepreneurs, however, are hesitant to change industry from mainly fishing to tourism. Due to their economic and cultural advantage, some foreign entrepreneurs appear to quickly achieve monopoly positions in the local tourism industry. This increases frustration among local entrepreneurs about stagnating local economic growth, while watching foreign entrepreneurs run more successful businesses. Previous studies showed that tourism is booming in Nicaragua, but the actual impact on the local economy lacks empirical support. The case study of Las Peñitas is used to explore the impact of tourism on the cultural change of small tourism entrepreneurs and tell the stories of what happens behind the successful appearance of global tourism growth figures. Journal: Int. J. of Business and Globalisation Pages: 171-189 Issue: 2 Volume: 20 Year: 2018 Keywords: Nicaragua; cultural change; local and foreign entrepreneurs; tourism community. File-URL: http://www.inderscience.com/link.php?id=89866 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:2:p:171-189 Template-Type: ReDIF-Article 1.0 Author-Name: Ibrahim Tijjani Sabiu Author-X-Name-First: Ibrahim Tijjani Author-X-Name-Last: Sabiu Author-Name: Abdulaziz Abdullah Author-X-Name-First: Abdulaziz Author-X-Name-Last: Abdullah Author-Name: Aziz Amin Author-X-Name-First: Aziz Author-X-Name-Last: Amin Author-Name: Izah Mohd Tahir Author-X-Name-First: Izah Mohd Author-X-Name-Last: Tahir Title: An empirical analysis of the need for achievement motivation in predicting entrepreneurial persistence in Bumiputra entrepreneurs in Terengganu, Malaysia Abstract: The Malaysian Government employed initiatives to stimulate a robust entrepreneurial climate, improved distribution of income and economic growth for the <i>Bumiputras</i>. The government's support though had not strengthened their entrepreneurial culture, competitiveness and achievement. Instead, the treatment made the Chinese became more persistent, resilient and competitive entrepreneurially. Therefore, this study analysed the correlation between need for achievement motivation and entrepreneurial persistence of Bumiputra entrepreneurs in Malaysia. About 171 questionnaires were self-administered to micro Bumiputra entrepreneurs. The results from the Pearson correlation revealed a positive upward linear relationship between motivation and entrepreneurial persistence with fairly strong correlation. The finding asserted that the <i>Bumiputras</i> would have been energised by need for achievement to strive for success, in order to meet the decades long awaited 30% equity ownership targeted by 2020. And this target achievement would equally complement the government's efforts with the current Malaysia's aspiration to join the developed nations by year 2020. Journal: Int. J. of Business and Globalisation Pages: 190-202 Issue: 2 Volume: 20 Year: 2018 Keywords: entrepreneurship; persistence; need for achievement motivation; Bumiputra; indigenous people; indigenous entrepreneurship; Malaysia. File-URL: http://www.inderscience.com/link.php?id=89867 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:2:p:190-202 Template-Type: ReDIF-Article 1.0 Author-Name: Élise Lépy Author-X-Name-First: Élise Author-X-Name-Last: Lépy Author-Name: Hannu I. Heikkinen Author-X-Name-First: Hannu I. Author-X-Name-Last: Heikkinen Author-Name: Teresa Komu Author-X-Name-First: Teresa Author-X-Name-Last: Komu Author-Name: Simo Sarkki Author-X-Name-First: Simo Author-X-Name-Last: Sarkki Title: Participatory meaning making of environmental and cultural changes in reindeer herding in the northernmost border area of Sweden and Finland Abstract: This paper explores the adaptation possibilities of reindeer herding regarding environmental changes at the Northernmost Swedish-Finnish border region. Four herding communities of Könkämäeno-Muonionjoki River Valley were chosen due to the cultural and environmental diversity of the region and the similarities of livelihood challenges. The objective is to conduct vulnerability assessment on the relations between reindeer herding and various environmental changes creating pressure for change. By such participatory assessment, we explored the interplay between cultural resilience and transformation as perceived by reindeer herders and whether the changes are considered as fair enabling the renewal of the livelihood or unjust imposed from outside. Our approach is based on interviews and workshop during which a scenario exercise was used for opening up critical discussions of potential transformative changes of herding. Results emphasise the multidimensional complexities of adaptation from the local point of view and the prominent role of cultural continuity within reindeer husbandry. Journal: Int. J. of Business and Globalisation Pages: 203-221 Issue: 2 Volume: 20 Year: 2018 Keywords: adaptation; cultural resilience; environmental changes; Sámi and Finnish reindeer herding; transformation; vulnerability assessment. File-URL: http://www.inderscience.com/link.php?id=89868 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:2:p:203-221 Template-Type: ReDIF-Article 1.0 Author-Name: Marke Kivijärvi Author-X-Name-First: Marke Author-X-Name-Last: Kivijärvi Author-Name: Albert J. Mills Author-X-Name-First: Albert J. Author-X-Name-Last: Mills Author-Name: Jean Helms Mills Author-X-Name-First: Jean Helms Author-X-Name-Last: Mills Title: Historic constructions of the early multinational: on power, politics and culture in Pan Am narratives Abstract: This paper examines how Pan American World Airways (Pan Am) - an early incarnation of a multinational enterprise (MNE) - developed its image as an international company. In particular, we examine how the company developed and managed potentially conflicting narratives, including the modernising US company and the airline of 'the Americas' (specifically South America); the carrier of US national interests and the politically neutral actor serving to unify cultures; the purveyor of exotic experiences and the pioneer of modernism. Through a focus on organisational narratives, we reveal the powerful influence of such story telling (through design and serendipity) on images of the peoples and countries where the MNE operates. In contributing to the narrative turn in business history we argue for a relational approach to narrative analysis. Journal: Int. J. of Business and Globalisation Pages: 222-250 Issue: 2 Volume: 20 Year: 2018 Keywords: business history; corporate archives; narrative; international business; multinational companies; postcolonialism; airlines; relationalism. File-URL: http://www.inderscience.com/link.php?id=89869 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:2:p:222-250 Template-Type: ReDIF-Article 1.0 Author-Name: Jeffrey Overall Author-X-Name-First: Jeffrey Author-X-Name-Last: Overall Title: All around the mulberry bush: a theory of cyclical unethical behaviour Abstract: In the Frankfurt School of Critical Theory, it is suggested that the system of production and consumption in industrialised economies leads to alienation of the workforce. To overcome the negative emotions associated with this, which is believed to be contributing to the mental pathology of society, individuals consume, emotionally. Using this as a theoretical foundation, a cyclical model of unethical behaviour around four constructs, namely: the pressure to perform, unethical behaviour, emotional consumption, and organisational dependence, is developed. Through the propositions offered, the psychological pressure to perform is suggested to cause unethical behaviour. As a result of their unethical behaviour, employees experience negative feelings and to alleviate these, they consume. Through increasing levels of emotional consumption and subsequent debt, employees become dependent on their employers, which cause additional feelings of pressure to perform at work leading to a cycle of unethical behaviour. The main contribution to knowledge of this research involves the juxtaposition between theories of unethical behaviour and emotional consumption. Journal: Int. J. of Business and Globalisation Pages: 251-267 Issue: 2 Volume: 20 Year: 2018 Keywords: critical theory; debt; emotional consumption; organisational dependence; unethical behaviour; worklife stress. File-URL: http://www.inderscience.com/link.php?id=89870 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:2:p:251-267 Template-Type: ReDIF-Article 1.0 Author-Name: Wahyuddin Bagenda Author-X-Name-First: Wahyuddin Author-X-Name-Last: Bagenda Author-Name: Ernie Tisnawati Sule Author-X-Name-First: Ernie Tisnawati Author-X-Name-Last: Sule Author-Name: Erie Febrian Author-X-Name-First: Erie Author-X-Name-Last: Febrian Author-Name: Diana Sari Author-X-Name-First: Diana Author-X-Name-Last: Sari Title: The influence of unique capability, functional strategy on company performance of shipbuilding industry in Indonesia Abstract: The high market potential of shipyard industry provides a great opportunity for the growth of the industry in Indonesia. Besides the domestic market, the international market also provides opportunities for the shipbuilding company in Indonesia to take part at several international markets. However, the international market share of Indonesian shipbuilding industry tends not to be high, which indicates that the performance of this sector is still low. This is due to problems related with functional strategies and unique capabilities in the industry. Thus, the study aims to investigate the effect of unique capabilities and functional strategy on company performance in the Indonesian shipbuilding industry through causality investigation on 50 shipbuilding companies. Data is tested through PLS models. The findings show that simultaneously and partially unique capabilities and functional strategy affect on company performance. Functional strategy provides more dominant effect than unique capabilities in influencing the company performance. Journal: Int. J. of Business and Globalisation Pages: 273-291 Issue: 3 Volume: 20 Year: 2018 Keywords: unique capabilities; functional strategies; company performance; shipbuilding industry; Indonesia. File-URL: http://www.inderscience.com/link.php?id=91505 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:3:p:273-291 Template-Type: ReDIF-Article 1.0 Author-Name: Valter Marcos M. Fortes Author-X-Name-First: Valter Marcos M. Author-X-Name-Last: Fortes Author-Name: Vanessa Ratten Author-X-Name-First: Vanessa Author-X-Name-Last: Ratten Author-Name: Paulo Fernando Pinto Barcellos Author-X-Name-First: Paulo Fernando Pinto Author-X-Name-Last: Barcellos Author-Name: Cristina Estevão Author-X-Name-First: Cristina Author-X-Name-Last: Estevão Title: The study of competitiveness of tourism in Cape Verde: the case of clusters of St. Anthony/São Vicente and Sal/Boavista Abstract: The study of competitiveness has been the centre of attention of many tourism researchers in recent decades. However, studies focused on empirical validation competitiveness models in the world in general, and in Cape Verde in particular, are still shortfall. In this sense, this research aims to analyse the determinants of competitive advantage of tourism clusters formed by four islands in this country. To this end, it was adopted a methodology that required the use of a semi-structured questionnaire, based on Porter's competitiveness diamond model and data processing was operationalised by Mann Whitney test. The results from the application of this model indicate the tourist competitive performance of tourist destinations in study, allowing to complete theoretical and empirical implications, as well as resulting implications for its management. Journal: Int. J. of Business and Globalisation Pages: 292-315 Issue: 3 Volume: 20 Year: 2018 Keywords: Cape Verde; competitiveness; globalisation; Porter's diamond model; sustainability; tourism. File-URL: http://www.inderscience.com/link.php?id=91506 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:3:p:292-315 Template-Type: ReDIF-Article 1.0 Author-Name: Rohit Prabhudesai Author-X-Name-First: Rohit Author-X-Name-Last: Prabhudesai Author-Name: Ch.V.V.S.N.V. Prasad Author-X-Name-First: Ch.V.V.S.N.V. Author-X-Name-Last: Prasad Title: What drives trust-performance relationship in SME alliances? Abstract: The aim of this paper is to determine how trust influences SME strategic alliance performance. While strategic alliances provide SMEs with the requisite resources needed for survival and gaining competitive advantage, they are particularly vulnerable to the opportunistic behaviour of partners. The presence of trust in such cases mitigates these perceptions and thereby improves alliance performance. However, extant research has suggested that trust-performance link in an alliance is not uniform in all situations and maybe contingent upon other factors. Through the course of this paper, propositions are developed for multiple drivers that influence the trust-SME alliance performance relationship and a conceptual model is provided. By identifying the means by which trust affects the performance of SME alliances, the paper provides important insights for researchers and managers. Journal: Int. J. of Business and Globalisation Pages: 316-327 Issue: 3 Volume: 20 Year: 2018 Keywords: small and medium enterprise; SME; trust; alliance; alliance failure; SME alliance; SME alliance performance; commitment; cooperation; control. File-URL: http://www.inderscience.com/link.php?id=91507 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:3:p:316-327 Template-Type: ReDIF-Article 1.0 Author-Name: Junjie Wu Author-X-Name-First: Junjie Author-X-Name-Last: Wu Author-Name: Jinyu Zhu Author-X-Name-First: Jinyu Author-X-Name-Last: Zhu Author-Name: Jeff Gold Author-X-Name-First: Jeff Author-X-Name-Last: Gold Author-Name: Hong Fang Author-X-Name-First: Hong Author-X-Name-Last: Fang Title: Lending facilities versus banking service: unbalanced bank lending to SMEs in China Abstract: This paper examines gaps in bank lending and services to SMEs in China, the problem of productive SME-bank relationships and the reasons behind these gaps. Specifically, it distinguishes between lending facilities and lending services in order to highlight an imbalance in the current banking context for Chinese SMEs. It combines data from Berry (2006) with own matching data in China, drawing on Berger and Udell's (2006) conceptual framework of credit availability. This study adopts stylised comparisons with Germany, the UK and the USA, and Hong Kong. The results reveal that China has developed a banking infrastructure which is equivalent to comparable developed countries. However, China is deficient with regard to the quality of bank services. The results are discussed in the context of government policies, the financial infrastructure, SME credit availability, and the intricacies of the SME-bank relationship in China. Journal: Int. J. of Business and Globalisation Pages: 328-353 Issue: 3 Volume: 20 Year: 2018 Keywords: SME financing; bank lending; SME-bank relationship; China. File-URL: http://www.inderscience.com/link.php?id=91509 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:3:p:328-353 Template-Type: ReDIF-Article 1.0 Author-Name: Teruo Shinato Author-X-Name-First: Teruo Author-X-Name-Last: Shinato Author-Name: Koji Kato Author-X-Name-First: Koji Author-X-Name-Last: Kato Title: Japanese corporate governance structure review and 'the logic of Ié' Abstract: In recent years, there have been voices that indicate changes had occurred in the activities model of the Japanese. Where does the problem of Japan's corporate governance structure actually lie, and how will the review of governance structure affect the family business of Japan? We would like to look into the meaning of governance structure review from the perspective of corporate management style based on 'the logic of Ié' that forms the unique cultural background of conventional Japanese corporate setup. In Japanese family business, the family ties that had been instilled naturally and spontaneously till now have to be reconnected while the preparation of corporate governance system is underway. For family business in Japan, what is required now is, as far as corporate governance is concerned, not to play around with the market rules, but to strike a balance in corporate governance aspect that matches the corporate culture of Japan. Journal: Int. J. of Business and Globalisation Pages: 354-370 Issue: 3 Volume: 20 Year: 2018 Keywords: corporate governance; Japanese society structure; Japanese culture; the logic of Ié; CSR; family business; trust; family governance; family centred management; Japanese new growth strategy; Japanese governance. File-URL: http://www.inderscience.com/link.php?id=91510 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:3:p:354-370 Template-Type: ReDIF-Article 1.0 Author-Name: Reenu Kumari Author-X-Name-First: Reenu Author-X-Name-Last: Kumari Author-Name: Anil K. Sharma Author-X-Name-First: Anil K. Author-X-Name-Last: Sharma Title: Long-term relationship between population health, FDI and economic growth: new empirical evidence Abstract: The present study examines the association between population health, FDI inflows and economic growth (GDP) in India for the period of 1990-2013 by using time series data and applied cointegration and vector error correction (VEC) model. Further, we have tried to find out causal relationship between population health, FDI inflows and GDP by Granger causality test. The findings of the cointegration test show that there is long-run relationship between population health, FDI inflow and GDP. The paper concludes in the following ways: If FDI and GDP will rise then there is no effect on population health in a positive and negative way. In contrast, if human capital will increase or decrease then FDI inflow and GDP will go in the same direction. The relationship between FDI inflow and GDP is vice-versa in India. Journal: Int. J. of Business and Globalisation Pages: 371-393 Issue: 3 Volume: 20 Year: 2018 Keywords: population health; FDI inflow; economic growth; cointegration; India. File-URL: http://www.inderscience.com/link.php?id=91512 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:3:p:371-393 Template-Type: ReDIF-Article 1.0 Author-Name: Iraci De Souza João Author-X-Name-First: Iraci De Souza Author-X-Name-Last: João Author-Name: Alexandre Bevilacqua Leoneti Author-X-Name-First: Alexandre Bevilacqua Author-X-Name-Last: Leoneti Author-Name: Heitor Bassi Dos Santos Author-X-Name-First: Heitor Bassi Dos Author-X-Name-Last: Santos Author-Name: Simone Vasconcelos Ribeiro Galina Author-X-Name-First: Simone Vasconcelos Ribeiro Author-X-Name-Last: Galina Title: A profile of social enterprise in Brazil based on theoretical differences from and similarities with US, European, and emerging country perspectives Abstract: The topic of social enterprise (SE) has gained much attention in academic and business discussions, but knowledge concerning SE is still incipient in Brazil. Our objective is to identify the profile of and to verify which of the three SE perspectives Brazilian SE resembles. In total, 730 social organisations were identified in Brazil through the available public data, from which 84 SEs were randomly selected for descriptive statistics collection and analysis using the binomial hypotheses test. The profile adopted in Brazil is unique, with few similarities with the US perspective. The Brazilian SEs has diversified operations, is legally known as companies and has up to ten employees on average. Our work provides a profile of Brazilian SEs, filling a gap in the literature. It promotes a reflection on the capacity of the emerging country perspective to reflect the reality of the SEs located in developing countries. Journal: Int. J. of Business and Globalisation Pages: 394-415 Issue: 3 Volume: 20 Year: 2018 Keywords: social business; social enterprise; inclusive business; Brazilian context; portrayal; developing countries; profile; Brazil; US perspective; European perspective; emerging country perspective. File-URL: http://www.inderscience.com/link.php?id=91513 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:3:p:394-415 Template-Type: ReDIF-Article 1.0 Author-Name: Maria Vincenza Ciasullo Author-X-Name-First: Maria Vincenza Author-X-Name-Last: Ciasullo Author-Name: Silvio Cardinali Author-X-Name-First: Silvio Author-X-Name-Last: Cardinali Author-Name: Silvia Cosimato Author-X-Name-First: Silvia Author-X-Name-Last: Cosimato Title: Exploring sustainable behaviour in international footwear supply chain management Abstract: The fashion industry is commonly considered to be unsustainable, being responsible for several economic, social and environmental burdens in which companies and their supply chains are involved. Scholars refer to fashion as a cross-sector, grouping companies active in different and highly competitive businesses, such as clothing, accessories, eyewear, jewellery, textiles and footwear. Among these, fashion footwear is still under investigated. Consequently, this study aims at exploring a fashion footwear company's orientation towards sustainability, and the way it affects the configuration and management of its supply chain. More in depth, the paper aims to explore the main drivers of a fashion footwear company's sustainable behaviour and their influence on the emergence of new business opportunities. The findings have revealed the importance of particular capabilities embedded in sustainable behaviour. These capabilities are constantly developed through synergistic actions with employees, suppliers, business clients, consumers and NGOs, which are able in this way to nourish the business sustainability. Sustainable supply chain management (SSCM) orientation has led to a general reshaping of both inbound and outbound supply chains, configuring an integrated supply chain in which a new sustainable business model is configured. Journal: Int. J. of Business and Globalisation Pages: 416-436 Issue: 3 Volume: 20 Year: 2018 Keywords: footwear industry; fashion footwear; sustainable behaviour; sustainable supply chain management; SSCM. File-URL: http://www.inderscience.com/link.php?id=91526 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:3:p:416-436 Template-Type: ReDIF-Article 1.0 Author-Name: Murat Parlakgul Author-X-Name-First: Murat Author-X-Name-Last: Parlakgul Author-Name: Nisan Selekler-Goksen Author-X-Name-First: Nisan Author-X-Name-Last: Selekler-Goksen Title: Antecedents of export performance in emerging economies: the case of Turkey Abstract: This study investigates the antecedents of export performance in the context of an emerging economy, Turkey, from the perspective of the resource-based view of the firm. Managerial characteristics of education and international experience, and organisational characteristics of size, age, business group affiliation, export credit agency (ECA) supports and technological capacity are conceptualised as resources a firm can utilise to build sustainable competitive advantages and attain superior export performance. The sample involves 72 textile and apparel firms. Data have been collected from archival sources and through a survey, and analysed by using logistic regression. Findings of the study show that manager's international experience, ECA supports and R%D spending (one of the facets of technological capacity) are significant resources for improving export performance in the context of emerging economies. Journal: Int. J. of Business and Globalisation Pages: 437-456 Issue: 4 Volume: 20 Year: 2018 Keywords: export performance; export intensity; antecedents of export performance; export credit agencies; ECAs; business group affiliation; emerging economies; Turkey; resource-based view; textile and apparel industry. File-URL: http://www.inderscience.com/link.php?id=93578 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:4:p:437-456 Template-Type: ReDIF-Article 1.0 Author-Name: Verónica Baena Author-X-Name-First: Verónica Author-X-Name-Last: Baena Title: The effect of franchisor characteristics and host country features on the foreign entry mode. Lessons from the Spanish franchise system lessons from the Spanish franchise system Abstract: Franchisors have many options when seeking to expand their business into foreign countries. Specifically, they can enter new markets via one of four different ways: 1) direct franchising; 2) master franchisor; 3) equity joint venture; 4) direct investments. This paper aims to analyse the factors that determine this entry mode decision. To achieve this goal, transaction cost theory is used to explain the entry mode choice phenomenon, by using a franchisor and host country level perspective. Additionally, a quantitative approach was applied to a sample of 43 Spanish chains operating 2,532 outlets across 62 foreign nations. The results show that foreign entry mode choice is driven by franchisor characteristics such as international experience, brand awareness, and industry type (product versus service), in conjunction with host country features including geographical distance, uncertainty avoidance, masculinity, political stability, economic development, unemployment rate and efficiency of contract enforcement. Journal: Int. J. of Business and Globalisation Pages: 457-478 Issue: 4 Volume: 20 Year: 2018 Keywords: international management; foreign entry mode choice; direct franchising; master franchising; joint venture; direct investment. File-URL: http://www.inderscience.com/link.php?id=93579 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:4:p:457-478 Template-Type: ReDIF-Article 1.0 Author-Name: Edward Groenland Author-X-Name-First: Edward Author-X-Name-Last: Groenland Title: A review strategy for carrying out an academic literature analysis as part of the problem analysis for an empirical study Abstract: The article addresses strategies and working methods aimed at carrying out a literature analysis resulting in a problem analysis for an empirical study at the academic level. To that end, first, a number of preliminary characteristics of the conceptual model are discussed. Next, basic starting points of the strategy to be pursued, i.e., focus and breadth, are considered. This is followed by a detailed overview of the steps to be taken when scrutinising academic concepts, and causal relationships. Also, the criteria to be applied when making substantial choices are presented. Finally, with respect to the presentation of the chapter which contains the literature review, the argumentative structure, tone of voice, and general appeal are considered. Journal: Int. J. of Business and Globalisation Pages: 497-508 Issue: 4 Volume: 20 Year: 2018 Keywords: academic literature; literature analysis; problem analysis; literature review strategy; argumentative structure; literature synopsis. File-URL: http://www.inderscience.com/link.php?id=93580 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:4:p:497-508 Template-Type: ReDIF-Article 1.0 Author-Name: Markku Virtanen Author-X-Name-First: Markku Author-X-Name-Last: Virtanen Author-Name: Jarkko Pellikka Author-X-Name-First: Jarkko Author-X-Name-Last: Pellikka Title: Integrating the opportunity development and commercialisation process Abstract: This paper aims to analyse the integration of opportunity development and the commercialisation process. Previous studies have highlighted the importance of identifying and seizing opportunities, but have provided relatively limited descriptions of the dynamics of the value creation process. This analysis operationalises previous findings into an integrated framework that focuses on providing a comprehensive view that includes the key concepts, activities and outputs of the opportunity development and commercialisation processes. The results show that the commercialisation process concept can complement the current understanding of business opportunity development through a process-based approach that broadly captures the dynamic nature of value creation elements. In addition, this study suggests that researchers should include expectations and a time dimension in their future analyses and models. Journal: Int. J. of Business and Globalisation Pages: 479-496 Issue: 4 Volume: 20 Year: 2018 Keywords: opportunity; commercialisation; opportunity development and commercialisation process; dynamics of opportunity development; value creation. File-URL: http://www.inderscience.com/link.php?id=93583 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:4:p:479-496 Template-Type: ReDIF-Article 1.0 Author-Name: Farichah Farichah Author-X-Name-First: Farichah Author-X-Name-Last: Farichah Title: The impact of management on under-pricing at IPO and subsequent initial stock trading Abstract: Can a company's management increase company's income prior to an initial public offering (IPO), for example, by hiring an underwriter and an auditor with high reputation? Does this result in under-pricing during the IPO? We study the influence of: 1) earnings management; 2) the underwriter's reputation; 3) the auditor's reputation on under-pricing and trading volume during the stabilisation period. The theoretical underpinnings of this research include agency theory, signalling theory and cognitive bias theory. The initial hypothesis is tested using an independent samples t-test comparing means. Other hypotheses are tested using ordinary least square regression. We find that prior to the IPO, a company's earnings management and the reputations of the underwriter and auditor do influence under-pricing while earnings management does not. Furthermore, under-pricing increases the trading volume during stabilisation period. Journal: Int. J. of Business and Globalisation Pages: 509-518 Issue: 4 Volume: 20 Year: 2018 Keywords: auditor and underwriter reputation; earnings management; price stabilisation and under-pricing. File-URL: http://www.inderscience.com/link.php?id=93590 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:4:p:509-518 Template-Type: ReDIF-Article 1.0 Author-Name: Hadia FakhrEldin Author-X-Name-First: Hadia Author-X-Name-Last: FakhrEldin Author-Name: Yomna Elsawy Author-X-Name-First: Yomna Author-X-Name-Last: Elsawy Title: Examining the relationship between environmental regulations and foreign direct investment level: evidence from China Abstract: This study examines the relationship between the environmental regulations and the FDI levels in China. The environmental regulation stringency is measured using emissions and other energy consumption data. The study is based on the pollution haven hypothesis and additionally applies direction of causality tests. The main objectives of the study are: to measure the environmental regulatory stringency and to identify the relationship between the application of the environmental restrictions and the level of FDI in China in the period from 1979-2013. The study adopts a quantitative approach; a correlation matrix, a multiple regression model, and granger causality are used first; then a time series multiple regression model is conducted; afterwards the granger causality is applied. The results of the statistical analysis show a negative relationship between environmental regulations and FDI levels and a negative bidirectional causal relationship between the emissions and energy consumption variables and the FDI levels. Thus, countries aiming at increasing their FDI levels need to consider their environmental regulations. In addition, the study provides useful information to other developing countries which are still in less developed stages, as it can have policy implications on increasing the FDI levels and on the environmental regulations. Journal: Int. J. of Business and Globalisation Pages: 519-536 Issue: 4 Volume: 20 Year: 2018 Keywords: foreign direct investment; FDI; environmental regulations; China; international business. File-URL: http://www.inderscience.com/link.php?id=93593 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:4:p:519-536 Template-Type: ReDIF-Article 1.0 Author-Name: Federica Pascucci Author-X-Name-First: Federica Author-X-Name-Last: Pascucci Author-Name: Sara Bartoloni Author-X-Name-First: Sara Author-X-Name-Last: Bartoloni Title: Explaining the internationalisation pathways of family firms: a qualitative research Abstract: This study aims to gain a deeper understanding of the internationalisation pathways of family firms and to explain the main differences among them through the study of two large firms in the Italian roasting sector. The analysis shows that the internationalisation pathway of these firms differs in a substantial way in regards to all three dimensions of the degree of internationalisation (scale, scope and time), even if the firms operate in the same industry and have the same size. The three factors that seem to explain fairly well the different internationalisation pathways of the two investigated firms are the mentality of family founder, the firms' strategic approach and the place where the firm operates. Journal: Int. J. of Business and Globalisation Pages: 537-556 Issue: 4 Volume: 20 Year: 2018 Keywords: family firms; degree of internationalisation; pathways; competitive strategy; case study. File-URL: http://www.inderscience.com/link.php?id=93594 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:4:p:537-556 Template-Type: ReDIF-Article 1.0 Author-Name: Joan De Jong Author-X-Name-First: Joan De Author-X-Name-Last: Jong Author-Name: Robert J. Blomme Author-X-Name-First: Robert J. Author-X-Name-Last: Blomme Author-Name: Xander D. Lub Author-X-Name-First: Xander D. Author-X-Name-Last: Lub Title: Unlocking the potential of outsourcing, the key: authentic leadership as accelerator of open innovation Abstract: This paper aims to demonstrate the effects of authentic leadership on open innovation in two different national cultures: Dutch and Indian. An exploratory quantitative research study was held amongst 286 Dutch and 104 Indian co-workers of a financial institution. In this study, PLS-SEM was used. It was found that authentic leadership has a significant effect on open innovation. Moreover, the study showed that significant differences exist in this type of relationship between the Dutch and Indian national cultures. The outcomes of the study may contribute to a further understanding of how authentic leadership affects open innovation in different national cultures. The originality of this study is that it is conducted among ICT-organisations as well in India as the Netherlands in looking for differences in the perception of authentic leadership and its effect on open innovation. Journal: Int. J. of Business and Globalisation Pages: 557-577 Issue: 4 Volume: 20 Year: 2018 Keywords: authentic leadership; open innovation; PLS-SEM; cross-cultural. File-URL: http://www.inderscience.com/link.php?id=93601 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:20:y:2018:i:4:p:557-577 Template-Type: ReDIF-Article 1.0 Author-Name: Dwi Suhartanto Author-X-Name-First: Dwi Author-X-Name-Last: Suhartanto Author-Name: Gundur Leo Author-X-Name-First: Gundur Author-X-Name-Last: Leo Title: Small business entrepreneur resistance of ICT adoption: a lesson from Indonesia Abstract: The availability of information and communication technology (ICT) has assisted business organisations to effectively produce and market their products and services in the global market. However, many small businesses have not adopted such technology, especially online stores and websites, to support their business activities. This paper examines small business entrepreneur resistances to adopting online store and website technology. This qualitative study uses the technology adoption model (TAM) as a theoretical basis. Using a sample of 131 small Indonesian business entrepreneurs, this study reveals that perceived lack of usefulness, perceived lack of ease to use, resources, and social influences are resistance factors for entrepreneurs to adopt online stores and websites. Further, among these factors, the perceived lack of usefulness and resources is considered the most substantial resistance factor for the entrepreneur to adopt the technology. This study extends our understanding that TAM is also a useful theory to explain the resistance of adopting the technology. The managerial impact and possible future research is also discussed. Journal: Int. J. of Business and Globalisation Pages: 5-18 Issue: 1 Volume: 21 Year: 2018 Keywords: small business; entrepreneur; ICT; website; online store; resistance; Indonesia. File-URL: http://www.inderscience.com/link.php?id=94092 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:1:p:5-18 Template-Type: ReDIF-Article 1.0 Author-Name: Moh Farid Najib Author-X-Name-First: Moh Farid Author-X-Name-Last: Najib Author-Name: Adila Sosianika Author-X-Name-First: Adila Author-X-Name-Last: Sosianika Title: Retail service quality scale in the context of Indonesian traditional market Abstract: The retail service quality scale (RSQS) has been tested extensively in many developed and developing countries. However, the scale has not been tested in traditional market context. This research aims to examine the applicability of the RSQS in the Indonesian traditional market. A survey has been conducted toward 400 shoppers in 16 traditional markets around Bandung, Indonesia. The method using cross-validated hierarchically using both first-order and second-order confirmatory factor analysis. The research finds that the RSQS structure is applicable in the Indonesia traditional market setting. The result shown that dimension of RSQS correlation between the construct and square variance extracted the seven sub-dimensions that consist of appearance, convenience, promises, inspiring confidence, interaction, problem solving and policy, however, the two dimensions are not valid, namely doing it right and helpfulness. Journal: Int. J. of Business and Globalisation Pages: 19-31 Issue: 1 Volume: 21 Year: 2018 Keywords: retail service quality scale; RSQS; validation and factor analysis. File-URL: http://www.inderscience.com/link.php?id=94093 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:1:p:19-31 Template-Type: ReDIF-Article 1.0 Author-Name: Lia Yuldinawati Author-X-Name-First: Lia Author-X-Name-Last: Yuldinawati Author-Name: Dodie Tricahyono Author-X-Name-First: Dodie Author-X-Name-Last: Tricahyono Author-Name: Grisna Anggadwita Author-X-Name-First: Grisna Author-X-Name-Last: Anggadwita Author-Name: Dini Turipanam Alamanda Author-X-Name-First: Dini Turipanam Author-X-Name-Last: Alamanda Title: Towards a framework for ICT-based entrepreneurship development through business incubation processes: case study of a techno park Abstract: Information and communication technologies have emerged as valuable business tools for entrepreneurs. This research is aimed towards providing a framework for the development of entrepreneurship based on ICT with a particular focus on Indonesia as a developing country by exploring business incubation processes in a techno park. The research used a qualitative method. The data are gathered through in-depth interviews based on a purposive sampling by including actors who have been involved in business incubations in a techno park in Indonesia. The results show that the techno park may have generally had limitations, including its process, tools, a low efficiency and a lack of financial autonomy. Still, the incubation process has been proven to have a role in increasing the work performance of start-ups, market expansion, and improving accessibility to funding sources. This research offers theoretical and empirical implications towards the development of business incubation processes in entrepreneurship activity. Journal: Int. J. of Business and Globalisation Pages: 32-45 Issue: 1 Volume: 21 Year: 2018 Keywords: business incubation; entrepreneurship development; information and communication technology; ICT; quadruple-helix; techno park. File-URL: http://www.inderscience.com/link.php?id=94094 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:1:p:32-45 Template-Type: ReDIF-Article 1.0 Author-Name: Dini Turipanam Alamanda Author-X-Name-First: Dini Turipanam Author-X-Name-Last: Alamanda Author-Name: Fajar Sidiq Adi Prabowo Author-X-Name-First: Fajar Sidiq Adi Author-X-Name-Last: Prabowo Author-Name: Shelly Eka Agustina Author-X-Name-First: Shelly Eka Author-X-Name-Last: Agustina Author-Name: Lia Yuldinawati Author-X-Name-First: Lia Author-X-Name-Last: Yuldinawati Author-Name: Husni Amani Author-X-Name-First: Husni Author-X-Name-Last: Amani Title: The roles of M2M technology on the realisation of Bandung Smart City Abstract: One attempt to address problems in major cities is by implementing the concept of smart city through the utilisations of information and communication technology, such as machine-to-machine (M2M) solutions. This study aims to look at Ridwan Kamil's version of M2M programs and provides advice on what have been implemented as well as recommend other possibilities that can be implemented in the city of Bandung. The research method is qualitative descriptive using data from Ridwan Kamil's twitter, @ridwankamil, from 16 September 2013 until 31 July 2015. The results of this study show that there were 117 issues raised to Ridwan Kamil's twitter with 606 tweets in which smart environment is found to have the biggest number of popular issues (eight issues), but the issue of smart transportation has the highest number of tweets (176 tweets). Bandung has produced 329 applications and will continue growing to be used in all administrative offices both for public services and the internal performance improvements. The results of this study are expected to be an input for Ridwan Kamil in solving the problems being raised by many netizens via Twitter, by implementing effective and target-oriented M2M solutions according to the needs and priorities of the residents of Bandung City in particular and Bandung lovers generally. Journal: Int. J. of Business and Globalisation Pages: 46-73 Issue: 1 Volume: 21 Year: 2018 Keywords: smart city; Twitter; machine-to-machine; Bandung. File-URL: http://www.inderscience.com/link.php?id=94095 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:1:p:46-73 Template-Type: ReDIF-Article 1.0 Author-Name: Iis Kurnia Nurhayati Author-X-Name-First: Iis Kurnia Author-X-Name-Last: Nurhayati Author-Name: Ratih Hasanah Author-X-Name-First: Ratih Author-X-Name-Last: Hasanah Author-Name: Nia Kurniasih Author-X-Name-First: Nia Author-X-Name-Last: Kurniasih Author-Name: Gartika Rahmasari Author-X-Name-First: Gartika Author-X-Name-Last: Rahmasari Title: Slogans as a strategy to strengthen business strongholds in the globalisation era: a case of Indonesian multinational companies Abstract: Multinational companies have their own managerial complexity. They have to be able to implement a standardised global strategy, but on the other hand they also have to implement a local strategy that has been adapted with local cultures. Hence, it is interesting to analyse the linguistics features and positioning variation of their slogans since they communicate the organisation culture of the companies: what the slogans communicate and do not communicate. The data were taken from slogans of 20 most admired multinational companies in Indonesia based on <i>Fortune</i> magazine survey in 2014 that were analysed according to the linguistics and social sciences, especially the science of marketing communications using Halliday's Functional Grammar approach and the positioning variation of the slogans of the companies based on the needs of the community by using Maslow's Theory of Needs. The result of the study shows that the majority of the slogans are written in English clauses. Based on the mood system and transitivity, of these 20 slogans of multinational corporations in Indonesia, most of the slogans utilise declarative sentences with relational verbs. Journal: Int. J. of Business and Globalisation Pages: 87-104 Issue: 1 Volume: 21 Year: 2018 Keywords: slogans; multinational companies; mood system; transitivity; positioning variation. File-URL: http://www.inderscience.com/link.php?id=94096 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:1:p:87-104 Template-Type: ReDIF-Article 1.0 Author-Name: Anggraeni Permatasari Author-X-Name-First: Anggraeni Author-X-Name-Last: Permatasari Author-Name: Mayci Kartikowati Author-X-Name-First: Mayci Author-X-Name-Last: Kartikowati Title: The influence of website design on customer online trust and perceived risk towards purchase intention: a case of O2O commerce in Indonesia Abstract: PT. XYZ is the first example of e-commerce providing an online-to-offline or offline-to-online (O2O) shopping system in Indonesia. However, PT.XYZ customers still experience trust issues regarding their purchase intention within this new business model. Hence, the aims of the research reported here are to establish to what extent website design influences customer trust in and perceived risk towards purchase intention. The respondents of this research were potential e-commerce customers who have visited PT. XYZ's site in Jakarta. This study involved a quantitative approach with the data being processed through an SEM analysis. This study found that both information design and visual design positively influence customer trust. The researcher suggests that new e-commerce ventures should focus on increasing the value of information design and visual design in order to gain customer trust. This approach would reduce perceived risk and increase customer willingness to make e-commerce purchases. Journal: Int. J. of Business and Globalisation Pages: 74-86 Issue: 1 Volume: 21 Year: 2018 Keywords: O2O commerce; website design; customer online trust; perceived risk; purchase intention. File-URL: http://www.inderscience.com/link.php?id=94097 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:1:p:74-86 Template-Type: ReDIF-Article 1.0 Author-Name: Devi Pratami Author-X-Name-First: Devi Author-X-Name-Last: Pratami Author-Name: Ika Arum Puspita Author-X-Name-First: Ika Arum Author-X-Name-Last: Puspita Author-Name: Teddy Sjafrizal Author-X-Name-First: Teddy Author-X-Name-Last: Sjafrizal Title: Designing internal audit process on an infrastructure project in Indonesia Abstract: This paper communicates the case study of designing internal audit process of an IT infrastructure project. This descriptive study of was started from defining stakeholder role's definition, guideline for the audit process, its business process and analysing the audit results. The audit design was implemented at an Indonesian Government infrastructure project, managed by company X and executed by vendor Y. The audit finds that company X's decision on the project duration was too underestimated. It resulted in major delay for years and the expected completion would be at the 8th month of 2016. Journal: Int. J. of Business and Globalisation Pages: 105-118 Issue: 1 Volume: 21 Year: 2018 Keywords: internal audit; project; S curve; estimate; knowledge area; Indonesia. File-URL: http://www.inderscience.com/link.php?id=94098 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:1:p:105-118 Template-Type: ReDIF-Article 1.0 Author-Name: Edward Groenland Author-X-Name-First: Edward Author-X-Name-Last: Groenland Title: Employing the matrix method as a tool for the analysis of qualitative research data in the business domain Abstract: This article addresses three issues: 1) it explains the characteristics and the process of the analysis of empirical, qualitative data; 2) it introduces a method for qualitative analysis, as relevant to business research, i.e., the <i>matrix method</i>; 3) it presents a coherent approach about structuring the research report. Journal: Int. J. of Business and Globalisation Pages: 119-134 Issue: 1 Volume: 21 Year: 2018 Keywords: qualitative analysis; matrix method; business research; research report; Nyenrode Business Universiteit. File-URL: http://www.inderscience.com/link.php?id=94106 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:1:p:119-134 Template-Type: ReDIF-Article 1.0 Author-Name: Isaac Boadi Author-X-Name-First: Isaac Author-X-Name-Last: Boadi Author-Name: Gerard Mertens Author-X-Name-First: Gerard Author-X-Name-Last: Mertens Title: SME financing: a review of the literature Abstract: The present study provides a systematic literature review of small and medium-sized enterprises (SMEs) financing. The research strategy is to identify and reveal ambiguities, lacunas and inconsistencies in the literature, and provide roadmaps for further research. The research framework follows the tenets of the PRISMA Group (2009) and Tranfield et al. (2003) in organising the systematic literature review. The keyword searches yielded 72 papers and were analysed following the assessment of fit for this review with regard to reference list information, research layout and results. In spite of the contradictory findings, the reviewed articles suggest that SMEs financing deserves further research. Furthermore, the review found and analyses different types of determinants - banks' profitability determinants and determinants of banks' credit to SMEs. Further empirical research on banks' profitability determinants, determinants of banks' credit to SMEs and SMEs financing and banks' profitability are needed. The detail and all-inclusive review of the body of literatures on SMEs financing on banks' profitability is the key value of this paper. Journal: Int. J. of Business and Globalisation Pages: 135-179 Issue: 2 Volume: 21 Year: 2018 Keywords: small and medium-sized enterprises; SME; financing; banks and profitability. File-URL: http://www.inderscience.com/link.php?id=94968 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:2:p:135-179 Template-Type: ReDIF-Article 1.0 Author-Name: Muhammad Zubair Author-X-Name-First: Muhammad Author-X-Name-Last: Zubair Author-Name: Dieter Bögenhold Author-X-Name-First: Dieter Author-X-Name-Last: Bögenhold Title: Social bonds: migration and comparative analysis of remitting behaviour between Pakistani and Indian diaspora Abstract: Migration is a global phenomenon and has gained worldwide recognition for its socioeconomic impacts on host and home country. According to the literature, one of the most important emanations of migration are remittances. They facilitate poverty reduction, education improvement, entrepreneurial investments and even the economic evolution of the home state. Globally, India and Pakistan are in the top ten money receiving-countries. This paper provides an overview about migration, and the worldwide remittance flow of migrants from India and Pakistan to their home countries. We sought to make a nonlinear model by dividing remittance per person with the number of immigrants from India and Pakistan worldwide, also focusing on the ratio of male and female immigrants in the population. The results show that remittances change exponentially over the years. This increase is stronger in the case of India than Pakistan and, more interestingly, gender ratios have influenced remittances per year. Journal: Int. J. of Business and Globalisation Pages: 180-192 Issue: 2 Volume: 21 Year: 2018 Keywords: migration; immigrant; immigration; remittance; gender; finance; diaspora; entrepreneurship; Pakistan; India. File-URL: http://www.inderscience.com/link.php?id=94969 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:2:p:180-192 Template-Type: ReDIF-Article 1.0 Author-Name: Natalia Ermasova Author-X-Name-First: Natalia Author-X-Name-Last: Ermasova Author-Name: Lam D. Nguyen Author-X-Name-First: Lam D. Author-X-Name-Last: Nguyen Author-Name: Dina Clark Author-X-Name-First: Dina Author-X-Name-Last: Clark Author-Name: Sergey Ermasov Author-X-Name-First: Sergey Author-X-Name-Last: Ermasov Title: Management skills of Russian working adults Abstract: The purpose of this paper is to investigate management skills of the respondents from Russia, to see if age and gender can be significant factors in their technical, human and conceptual competencies. Using t-test and ANOVA analyses and adopting the skills inventory survey, this research analysed 527 Russian working adults. Paired t-test and ANOVA methodology were used for hypotheses testing. The findings indicate that there are significant differences in Russian adults' management skills based on age and gender. First of all, Russian working adults appeared to value human skills more than the technical and conceptual skills. Second, Russian working males seemed to value all three management skills more than Russian working females. Finally, respondents from the age group of 31-40 years old valued both technical and conceptual skills more than those who came from the age group of 17-25 years old. Journal: Int. J. of Business and Globalisation Pages: 193-215 Issue: 2 Volume: 21 Year: 2018 Keywords: age; gender; cultural context; management skills; Russia. File-URL: http://www.inderscience.com/link.php?id=94970 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:2:p:193-215 Template-Type: ReDIF-Article 1.0 Author-Name: Hima Gupta Author-X-Name-First: Hima Author-X-Name-Last: Gupta Title: Adoption of 'learning orientation' by SMEs in India: a case study Abstract: This case talks about the market study conducted by a researcher in Delhi/National Capital Region (NCR) India, to find out the nature and extent of learning orientation prevalent in small and medium sized restaurants. The researcher has explored first generation entrepreneurial setups so that the real essence of business hurdles like gathering finance, getting clearances from government authority, etc. can be captured, analysed and presented through this case. To conduct the study, 65 respondents were chosen for focused group interview. Small and medium restaurants in India should focus on both customer retention and new customer segment acquisition. Since diversification is not much on their priority list, they die out after a short stint in the market. With regard to the adoption of learning orientation, the researcher has also taken a view of SMEs existing in India and their practices adopted to run their small scale businesses (especially with respect to quick service restaurants). The researcher has also tried to unleash the strategies adopted by the restaurant owners and the role of learning orientation in terms of making their businesses successful. Journal: Int. J. of Business and Globalisation Pages: 216-238 Issue: 2 Volume: 21 Year: 2018 Keywords: learning orientation; entrepreneurial strategies; information management system; small and medium restaurants; consumption pattern; India. File-URL: http://www.inderscience.com/link.php?id=94973 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:2:p:216-238 Template-Type: ReDIF-Article 1.0 Author-Name: Takiah Mohd Iskandar Author-X-Name-First: Takiah Mohd Author-X-Name-Last: Iskandar Author-Name: Adibah Jamil Author-X-Name-First: Adibah Author-X-Name-Last: Jamil Author-Name: Puan Yatim Author-X-Name-First: Puan Author-X-Name-Last: Yatim Author-Name: Zuraidah Mohd Sanusi Author-X-Name-First: Zuraidah Mohd Author-X-Name-Last: Sanusi Title: The role of internal audit and audit committee in the implementation of enterprise risk management Abstract: The study evaluates the role of internal audit in the implementation of enterprise risk management (ERM). The study examines relationships between the competency, independence and working priority of internal audit and ERM implementation and moderating effects of audit committee support on the relationships. A survey on listed companies in Malaysia with internal audit units indicates that the internal audit independence is significantly related to the implementation of ERM for review and feedbacks. The study finds that internal audit work priority contributes significantly to the ERM implementation at all stages. The support by the audit committee is important in enhancing the effectiveness of internal audit in the ERM implementation particularly for the development of policy and procedures and strategy and follow-up actions. The inclusion of companies which outsource internal audit services to outside parties may enhance the validity and generalisability of the results. Journal: Int. J. of Business and Globalisation Pages: 239-260 Issue: 2 Volume: 21 Year: 2018 Keywords: enterprise risk management; business risk; internal audit; audit committee; internal procedure; internal policy; implementation stages. File-URL: http://www.inderscience.com/link.php?id=94974 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:2:p:239-260 Template-Type: ReDIF-Article 1.0 Author-Name: Kunofiwa Tsaurai Author-X-Name-First: Kunofiwa Author-X-Name-Last: Tsaurai Title: Analysis of the influence of human capital development on foreign investment in BRICS countries using a static panel threshold regression model Abstract: The study investigated the threshold level of human capital development that must be reached in order to enhance significant FDI in BRICS countries using Hansen's (1999) static panel threshold regression model. Although theory and majority of empirical studies concur that human capital development is an integral part of FDI locational advantages in the host country, recent literature shows that human capital development not only does it needs to be available but it has to reach a certain minimum level before significant FDI can be received by host countries. It is against this backdrop that the author investigated the minimum threshold level of human capital development that enhances significant FDI in BRICS countries. As expected, human capital development was found to have had a positive influence on FDI in BRICS countries. Moreover, levels of human capital development index above or equal the threshold level of 0.57 were found to have had a more positive and significant impact on FDI, consistent with the recent literature. It is therefore prudent for BRICS countries to put in place mechanisms that promote the growth of human capital development in order to benefit from FDI inflows. Journal: Int. J. of Business and Globalisation Pages: 261-270 Issue: 2 Volume: 21 Year: 2018 Keywords: foreign investment; human capital development; static; panel; threshold; BRICS countries. File-URL: http://www.inderscience.com/link.php?id=94975 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:2:p:261-270 Template-Type: ReDIF-Article 1.0 Author-Name: Jorge Riveras Author-X-Name-First: Jorge Author-X-Name-Last: Riveras Author-Name: Jesús Arteaga-Ortiz Author-X-Name-First: Jesús Author-X-Name-Last: Arteaga-Ortiz Author-Name: María José Miranda-Martel Author-X-Name-First: María José Author-X-Name-Last: Miranda-Martel Title: Employing a globalisation model to study special economic zones in the USA Abstract: This paper examines special economic zones (SEZs) in the USA and their relationships with globalisation. A globalisation model is employed as a framework for the study with inner domains focusing on economic, political, social, business and physical and outer domains on neighbouring country dynamics, trade blocs and global institutions. Since the term 'globalisation' is complex, a system approach using multiple domains to study globalisation and SEZs allows a broad view and facilitates analysis. The study provides a new multidimensional approach to the analysis of SEZs and their relation to globalisation with an ample and multidisciplinary perspective. The findings indicate that significant interactions among the domains exist; supporting the notion that globalisation is multidimensional and showing convergence for expansion and operation of SEZs in the USA. Current trends indicate possible divergence originating in the political and social domains as a probable deterrent for future SEZs expansion. Journal: Int. J. of Business and Globalisation Pages: 271-296 Issue: 2 Volume: 21 Year: 2018 Keywords: special economic zones; SEZs; globalisation; trade; NAFTA; USA. File-URL: http://www.inderscience.com/link.php?id=94989 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:2:p:271-296 Template-Type: ReDIF-Article 1.0 Author-Name: Janaina De Moura Engracia Giraldi Author-X-Name-First: Janaina De Moura Engracia Author-X-Name-Last: Giraldi Author-Name: Vishwas Maheshwari Author-X-Name-First: Vishwas Author-X-Name-Last: Maheshwari Author-Name: Fabiana Mariutti Author-X-Name-First: Fabiana Author-X-Name-Last: Mariutti Author-Name: Anastasia Konstantopoulou Author-X-Name-First: Anastasia Author-X-Name-Last: Konstantopoulou Title: Role of attitudes in Brazil's country brand image Abstract: For the past three decades, the academic community has sought to advance the analysis relating to the image of several countries around the world. However, despite the importance of the theory of attitude in evaluating the image of a country, the majority of papers in the field has focused on the cognitive component of attitude only, having the other components, affective and conative, not thoroughly being examined. The purpose of this paper is to investigate Brazil's country brand image, based on the three-attitudinal categories 'cognitive', 'affective', and 'conative'. The study population consisted of the 427 undergraduate students at foreign institutions partaking agreements with a Brazilian public university. Attitudes were analysed using exploratory factor analysis to correlate potential impact on Brazils' country brand image. Results of this study indicate that the conative dimension received the highest scores of the respondents implying strong behavioural intentions in relation to Brazil's country brand image. Journal: Int. J. of Business and Globalisation Pages: 297-307 Issue: 3 Volume: 21 Year: 2018 Keywords: attitudes; country branding; country-of-origin; nation branding; brand image; reputation; conative; Brazil. File-URL: http://www.inderscience.com/link.php?id=95479 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:3:p:297-307 Template-Type: ReDIF-Article 1.0 Author-Name: Karsten Bolz Author-X-Name-First: Karsten Author-X-Name-Last: Bolz Author-Name: Harald König Author-X-Name-First: Harald Author-X-Name-Last: König Title: Can responsible innovation be a moderator of entrepreneurship? - Learnings from the debate on advanced biotechnology Abstract: In this article we introduce the concept of responsible innovation into entrepreneurship research, present ideas on how to operationalise it, and share notions on operational issues from the debate on advanced biotechnology and the bio-economy. Therefore, we first examine the role of entrepreneurship as an agent of innovation and connect it to responsible innovation. Second, introducing the 'prism of responsible innovation' as a moderator for the entrepreneurial process in converting opportunity into innovation, we propose a theoretical framework of how the concept of responsible innovation could be integrated into the entrepreneurial process. Finally, we present insight from the debate on advanced biotechnologies regarding potential operationalisation strategies for responsible innovation. Journal: Int. J. of Business and Globalisation Pages: 308-326 Issue: 3 Volume: 21 Year: 2018 Keywords: responsible innovation; entrepreneurship; entrepreneurial process; sustainability; sustainable development; biotechnology; synthetic biology; collaboration; SME; innovation; stakeholder; business environment; opportunity; operationalisation; qualitative analysis. File-URL: http://www.inderscience.com/link.php?id=95480 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:3:p:308-326 Template-Type: ReDIF-Article 1.0 Author-Name: Robin Palmer Author-X-Name-First: Robin Author-X-Name-Last: Palmer Title: Exporting identity: Italians in London during the long 19th century Abstract: We live in a time of increased international migration and asylum seeking. Those involved have become scapegoats for nativists who support parties with promises to restore what they have lost through neoliberalism and globalisation. Neoliberalism may be of recent derivation, but it is derived from the liberalism and <i>laissez-faire</i> capitalism of the 'long 19th century' (1750-1914). Then, as now, the masses were 'pushed' to migrate by accelerated population growth and its political and socio-economic correlates. Focusing on London, the paper examines the experience of Italian migrants and asylum seekers in the UK of that period, who drew on the historic Italophilia of the British to advance their careers or causes. Collective reputation, so long as it is positive, can be an important resource for 'culture entrepreneurs' in migrant or refugee settings; it can take a long time to build but once established tends to be resilient and capable of innovative reinterpretation. Journal: Int. J. of Business and Globalisation Pages: 327-343 Issue: 3 Volume: 21 Year: 2018 Keywords: Italian migration; Italians in London; long 19th century; street trades; catering; asylum seekers; culture entrepreneurs. File-URL: http://www.inderscience.com/link.php?id=95481 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:3:p:327-343 Template-Type: ReDIF-Article 1.0 Author-Name: Anthony Abiodun Eniola Author-X-Name-First: Anthony Abiodun Author-X-Name-Last: Eniola Title: SME firm characteristics impact on the choice of sources of financing in South-West, Nigeria Abstract: The purpose of this paper is to study the impact of firm-specific characteristics in the South-West, Nigeria on the choice of the sources of financing of small and medium enterprises (SME). To assess the impact of SME firm characteristics on choice of financing in terms of debt and equity, SEM-PLS and logistic regression are used. Significantly, the findings recommend that age, location, size, measure in terms of employment, sales turnover, expansion, and assets influence the choice of financing of SME in Nigeria. SME basically incline towards internal funding sources over external funding and the older and bigger firm makes less use of debt financing. The study has provided an indication concerning the application of the life cycle proposition. For this reason, the life cycle theory is supported. In extending the existing literature, this paper presented the evidence discussed. The methodological method and the experiential results give a degree of analysis unmatched through the earlier study on Nigeria firms from an academic degree of opinion. In addition, the findings will enlarge the cognition and the perception of SME firm managers. They can influence through valuable information to help them in their choice process with respect to their organisation's capital structure during a period when SME financing hassles are increasingly elicited in the Nigeria setting. Journal: Int. J. of Business and Globalisation Pages: 344-366 Issue: 3 Volume: 21 Year: 2018 Keywords: SME; choice of financing; Nigeria; life cycle; SEM-PLS. File-URL: http://www.inderscience.com/link.php?id=95482 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:3:p:344-366 Template-Type: ReDIF-Article 1.0 Author-Name: Fanny Adams Quagrainie Author-X-Name-First: Fanny Adams Author-X-Name-Last: Quagrainie Title: Relationship between religious and entrepreneurial values: views from Ghanaian women entrepreneurs Abstract: Although literature suggests that religion can influence entrepreneurial values very few studies have actually investigated the effect of religious values which informs entrepreneurial value among women entrepreneurs in developing country like Ghana where religion is a critical part of its life. The aim of this study is to examine the relationship between religious and entrepreneurial values. Drawing on socialisation and institutional theory and using a qualitative research approach, 30 women entrepreneurs were purposively selected from three main religious in Ghana. Findings showed that religious values are stronger determinants of entrepreneurial values. These determinants can either benefit or challenged women entrepreneurship. This paper contributes to understanding women entrepreneurial values as socially situated and influenced by religious values. Journal: Int. J. of Business and Globalisation Pages: 367-383 Issue: 3 Volume: 21 Year: 2018 Keywords: religious values; entrepreneurial value; Ghana; women entrepreneurs; socialisation; institutional theory; business; globalisation. File-URL: http://www.inderscience.com/link.php?id=95483 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:3:p:367-383 Template-Type: ReDIF-Article 1.0 Author-Name: Swati Panda Author-X-Name-First: Swati Author-X-Name-Last: Panda Author-Name: Shridhar Dash Author-X-Name-First: Shridhar Author-X-Name-Last: Dash Title: Evolution of network ties in social enterprises: a governance perspective Abstract: The objective of this study is to explore, understand and describe the network evolution process of social enterprises from a governance perspective. Studies have extensively investigated the development of networks in the 'commercial' entrepreneurship space. However, similar research on social enterprises, specifically from a governance perspective is still growing. We try to bridge this gap through an exploratory study of two social ventures in India, with different organisational structures. Based on the empirical findings, we present a series of propositions depicting the network characteristics of social enterprises, their governance structures and the dynamics between them. Journal: Int. J. of Business and Globalisation Pages: 384-407 Issue: 3 Volume: 21 Year: 2018 Keywords: contracts; networks; India; social enterprise; trust. File-URL: http://www.inderscience.com/link.php?id=95490 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:3:p:384-407 Template-Type: ReDIF-Article 1.0 Author-Name: Adhi Setyo Santoso Author-X-Name-First: Adhi Setyo Author-X-Name-Last: Santoso Author-Name: Ihsan Hadiansah Author-X-Name-First: Ihsan Author-X-Name-Last: Hadiansah Author-Name: Efraim Christoni Author-X-Name-First: Efraim Author-X-Name-Last: Christoni Title: Does satisfaction of P2P online transportation affect consumer willingness to purchase their own vehicles? Abstract: The discussion about the platform ecosystem in the business model literature has been growing for the past few decades. The firms that operate in this context often disrupt the incumbent businesses through disruptive innovation with a multi-sided platform (MSP) business model, including a peer-to-peer (P2P) sharing economy services. However, there are limited number of studies that explore the disruptive potential of those business models from a consumer behaviour perspective. Therefore, based on the phenomenon of the rapidly growing P2P online transportation in Indonesia, this study analyses the further effects of consumer behaviour changes towards the ownership intention of new private vehicles because of sharing economy usage. The results of the quantitative research approach by using PLS-SEM among 216 P2P online transportation users can conclude that there are significant differences regarding consumer willingness to purchase new vehicles among users who already own private vehicles and those who do not own vehicles. Journal: Int. J. of Business and Globalisation Pages: 408-425 Issue: 3 Volume: 21 Year: 2018 Keywords: sharing economy; peer-to-peer online transportation; customer satisfaction; future intention; consumer behaviour; consumer willingness to purchase; ownership intention; disruptive innovation; disruptive potential. File-URL: http://www.inderscience.com/link.php?id=95505 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:3:p:408-425 Template-Type: ReDIF-Article 1.0 Author-Name: Charles John McGuigan Author-X-Name-First: Charles John Author-X-Name-Last: McGuigan Author-Name: Karen McGuigan Author-X-Name-First: Karen Author-X-Name-Last: McGuigan Author-Name: Maria McGuigan Author-X-Name-First: Maria Author-X-Name-Last: McGuigan Author-Name: Mark Shevlin Author-X-Name-First: Mark Author-X-Name-Last: Shevlin Author-Name: John Mallett Author-X-Name-First: John Author-X-Name-Last: Mallett Author-Name: Anne Tracey Author-X-Name-First: Anne Author-X-Name-Last: Tracey Title: Modelling the role of personal factors as mediators in the relationship between workplace stress, motivation and job performance among Irish retail employees Abstract: This study explores the mediating role of personal factors in the relationship between workplace stress, motivation and performance to elucidate the mechanisms through which workplace factors affect job performance. Irish retail employees (N = 420) completed measures of workplace stress, motivation, job satisfaction, innovation, coping, resilience and job performance. Three alternative models were specified with the relationship between workplace factors and job performance described as either: 1) direct only; 2) indirect only; 3) both direct and indirect. Model fit for each was assessed with the indirect only model the best fit. Results show a significant indirect effect of workplace stress on job performance through task orientated coping (β = 0.030, p < 0.05), and significant indirect effects of work motivation on job performance through innovation (β = 0.046, p > 0.05) and task orientated coping (β = 0.021, p < 0.05). The findings offer insight into the mechanisms by which workplace factors impact longer-term job performance. Journal: Int. J. of Business and Globalisation Pages: 426-450 Issue: 3 Volume: 21 Year: 2018 Keywords: job performance; indigenous retailers; SMEs in Ireland; mediation; statistical modelling; workplace factors; personal factors. File-URL: http://www.inderscience.com/link.php?id=95507 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:3:p:426-450 Template-Type: ReDIF-Article 1.0 Author-Name: Harwinder Kaur Author-X-Name-First: Harwinder Author-X-Name-Last: Kaur Author-Name: Vishal Sarin Author-X-Name-First: Vishal Author-X-Name-Last: Sarin Title: An evidence of Feldstein-Horioka puzzle in selected Asian economies Abstract: The purpose of the study is to investigate the level of capital mobility in selected economies of Asia by testing the Feldstein-Horioka puzzle. This paper seeks to contribute to the study of relationship between savings and investment in a panel of eight Asian economies namely; China, Japan, India, Hong Kong, Iran, Indonesia, Saudi Arabia, Thailand. Data for investment and savings over the period 1980-2016 has been compiled from the World Development Indicators (WDI) database 2016. Augmented Dickey Fuller test has been applied to confirm the non-stationarity of data. Then, panel cointegration method has been applied to examine the relationship between savings and investment for selected countries. Further, to estimate the value of <i>β</i> (saving retention coefficient) the study used fully modified OLS (FMOLS) and dynamic OLS (DOLS) techniques. The results show that saving and investment are co-integrated for selected panel and results of FMOLS and DOLS indicate a fall in the value of <i>β</i> after crises, which imply that these economies are becoming open to capital flows after Asian crises. Hence the study confirms the evidence of F-H puzzle to explain that high correlation between saving and investment implies lower capital mobility. Journal: Int. J. of Business and Globalisation Pages: 454-463 Issue: 4 Volume: 21 Year: 2018 Keywords: Asian; capital mobility; co-integration; economies; Feldstein-Horioka; F-H; panel. File-URL: http://www.inderscience.com/link.php?id=95761 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:4:p:454-463 Template-Type: ReDIF-Article 1.0 Author-Name: Subhash C. Kundu Author-X-Name-First: Subhash C. Author-X-Name-Last: Kundu Author-Name: Nidhi Gaba Author-X-Name-First: Nidhi Author-X-Name-Last: Gaba Title: Work-family conflict and intention to quit: the mediating role of emotional dissonance Abstract: The current study was performed to explore the linkages between work-family conflict, emotional dissonance and intention to quit. Primary data drawn from 346 employees belonging to 93 organisations were analysed to ascertain whether emotional dissonance mediates the relationship between work-family conflict and intention to quit. Multiple regression analysis was carried out to test the stated hypotheses. Based on the results of the data analysis of the study it was found that the work-family conflict had positive significant influence on intention to quit. Further, emotional dissonance is established as a key mediating mechanism between the work-family conflict and intention to quit. Journal: Int. J. of Business and Globalisation Pages: 464-483 Issue: 4 Volume: 21 Year: 2018 Keywords: work-family conflict; family-work conflict; emotional dissonance; intention to quit; India. File-URL: http://www.inderscience.com/link.php?id=95764 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:4:p:464-483 Template-Type: ReDIF-Article 1.0 Author-Name: Ashish Arora Author-X-Name-First: Ashish Author-X-Name-Last: Arora Author-Name: Rashim Verma Author-X-Name-First: Rashim Author-X-Name-Last: Verma Title: Perception of advisors' regarding behaviour of investors' while selecting wealth management services: an AHP approach Abstract: Significant contributing factor for the growth of WMS can be global increase of wealth, especially India and China given the vigorous boost to the wealth. Also the need of the clients extends far beyond the old stock picking, rather becoming more sophisticated, requiring more exciting products and services. Having anticipated significant increase in number of high net worth (HNW) clients and their diverse investment requirements, financial intermediaries comprising of bank financial advisers (BFA), independent financial advisers (IFA) and corporate financial advisers (CFA) began offering investment advisory services to HNW under the umbrella of WMS and there is significant change in their investment strategies. Study of wealth management industry has become significant owing to the fact that today's competitive environment presenting tremendous challenges. In this paper, attempt has been made to identify the key factors influencing the behaviour of investor as perceived by wealth managers of Punjab. Journal: Int. J. of Business and Globalisation Pages: 484-504 Issue: 4 Volume: 21 Year: 2018 Keywords: wealth management services; analytical hierarchy process; financial advisors. File-URL: http://www.inderscience.com/link.php?id=95766 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:4:p:484-504 Template-Type: ReDIF-Article 1.0 Author-Name: Amit Kakkar Author-X-Name-First: Amit Author-X-Name-Last: Kakkar Author-Name: Ruchi Kakkar Author-X-Name-First: Ruchi Author-X-Name-Last: Kakkar Title: Factors leading to adoption of video on demand service: an exploratory study Abstract: As the wireless and wired internet market is approaching the maturity levels, the subscribers of wireless as well as wired internet services are continuously looking for improved performances and more extensive applications and on the other hand, the wireless service and wired internet providers are continuously fighting for the market share by offering new services and in turn, hoping that the new services will bring higher revenues. Video on demand (VOD) is one such service that is pinned as the next big thing for the telecommunication industry, content development industry and for the entertainment industry from the advertisement and viewership point of view. VOD/moving TV service involves providing entertainment content on the smartphones/laptops, etc. via wireless networks. This paper is intended to explore the various factors which will encourage the customers to adopt VOD service in the Indian context using exploratory factor analysis. The extracted factors will help in understating the psyche of customers and will also help in developing the strategies which can help the companies to make people adopt the VOD services. Journal: Int. J. of Business and Globalisation Pages: 505-516 Issue: 4 Volume: 21 Year: 2018 Keywords: online viewing; video on demand; VOD; entertainment; anytime viewing; smartphones; online watching; content development; exploratory factor analysis; EFA. File-URL: http://www.inderscience.com/link.php?id=95769 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:4:p:505-516 Template-Type: ReDIF-Article 1.0 Author-Name: Tushinder Preet Kaur Author-X-Name-First: Tushinder Preet Author-X-Name-Last: Kaur Author-Name: Pooja Kansra Author-X-Name-First: Pooja Author-X-Name-Last: Kansra Title: Tourism led economic growth in India: an application of vector error correction model Abstract: Tourism promotes economic growth in a significant manner. The importance of tourism to economic growth has been widely recognised due to its contribution to employment, balance of payment, gross domestic product (GDP), etc. In the present paper an effort has been made to examine the link between the economic growth, investment and net exports from tourism sector by employing the technique of co-integration and VECM. The resulting co-integrating vectors indicate that there exists a long run relationship between GDP, investment in tourism sector, net exports from tourism and employment generation. Thus, it is one of the important factors affecting the economic growth in India with significant multiplier effect. Journal: Int. J. of Business and Globalisation Pages: 517-530 Issue: 4 Volume: 21 Year: 2018 Keywords: economic growth; gross domestic product; GDP; tourism; employment; investment; net exports; causality; co-integration; domestic spending; FDI; India. File-URL: http://www.inderscience.com/link.php?id=95771 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:4:p:517-530 Template-Type: ReDIF-Article 1.0 Author-Name: Wilailuk Meepracha Author-X-Name-First: Wilailuk Author-X-Name-Last: Meepracha Author-Name: Tatri Taiphapoon Author-X-Name-First: Tatri Author-X-Name-Last: Taiphapoon Author-Name: Achara Chandrachai Author-X-Name-First: Achara Author-X-Name-Last: Chandrachai Author-Name: Sukree Sinthupinyo Author-X-Name-First: Sukree Author-X-Name-Last: Sinthupinyo Title: Assessment potential of community enterprises to enhance their sustainable competitive advantage in Thailand Abstract: Assessment potential of community enterprise in Thailand is evaluated every year by government agencies. According to previous literature, there was still not enough research carried out in the field and not have identifying factors for achieve competitive advantage. It shows that the gap is research. The purpose of this research is to develop criterion to assess the potential of community enterprises and to evaluate them empirically. The methodology used mixed methods, semi-structured interviews expertise and survey questionnaires. Data were analysed using confirmatory factor analysis. The results demonstrated 11 factors and 33 indicators to assess and solve operations of the community enterprise, this research identified factors of philosophy of sufficiency economy and sustainability in the criterion as these perspectives become the key activity to achieve competitive advantage. The result can be applied for the community enterprise and will be beneficial for the Royal Thai Government. This study will also benefit other countries with similar circumstance as Thailand. Journal: Int. J. of Business and Globalisation Pages: 531-557 Issue: 4 Volume: 21 Year: 2018 Keywords: assessment; evaluation; potential; community enterprises; sustainable; achievement; competitive; advantage; small business; criterion; Thailand. File-URL: http://www.inderscience.com/link.php?id=95778 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:4:p:531-557 Template-Type: ReDIF-Article 1.0 Author-Name: Nitya Rani Author-X-Name-First: Nitya Author-X-Name-Last: Rani Author-Name: Anand A. Samuel Author-X-Name-First: Anand A. Author-X-Name-Last: Samuel Title: Understanding work values of Gen Y - a study on differences based on country of origin, gender and industry Abstract: The purpose of this paper is to provide an understanding of Gen Y in India. A work values perspective is employed to establish the difference in work values of Gen Y from India and Gen Y from other countries. Further, gender-based differences in work values of Gen Y and differences in work values of Gen Y working in public and private sectors in India are explored. The results of these investigations provide a comprehensive understanding of the Indian Gen Y. Findings indicate that Indian Gen Y hold relatively unique value preferences compared to Gen Y across the globe. Also, Gen Y employees in private sector have higher expectations of intrinsic and extrinsic rewards than Gen Y working in public sector. However, there are no significant differences in work values of male and female Gen Y. These are indicative of changing gender roles in Indian society. Journal: Int. J. of Business and Globalisation Pages: 558-582 Issue: 4 Volume: 21 Year: 2018 Keywords: Gen Y; work values; gender; public sector; private sector. File-URL: http://www.inderscience.com/link.php?id=95785 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:4:p:558-582 Template-Type: ReDIF-Article 1.0 Author-Name: Yassine Laib Author-X-Name-First: Yassine Author-X-Name-Last: Laib Author-Name: Riad Abadli Author-X-Name-First: Riad Author-X-Name-Last: Abadli Title: The asymmetric information risks; between the classical financing formulas and the Islamic financial industry Abstract: Asymmetric information reflects the lack of information status among the funding (financing) institutions; which negatively affects their decisions towards the institution that is supposed to have a clear picture about its financial situation and its future strategy. Concerning the funding through the capital contribution, the information asymmetry compensation led to an increase in the transactions and the monitoring coasts. As for the debt financing institutions, the risk lies in the moral hazard, the adverse selection problems and the credit rationing. The objective of this paper is to highlight and to examine the Islamic financing formulas' ability to address the various problems, related to the asymmetric information. Journal: Int. J. of Business and Globalisation Pages: 583-600 Issue: 4 Volume: 21 Year: 2018 Keywords: asymmetric information; Islamic financing; moral hazard; adverse selection. File-URL: http://www.inderscience.com/link.php?id=95786 File-Format: text/html File-Restriction: Access to full text is restricted to subscribers. Handle: RePEc:ids:ijbglo:v:21:y:2018:i:4:p:583-600