International Journal of Management Practice (10 papers in press)
Intention to Implement Green Hotel Practices: Evidence from Indian Hotel Industry
by Vivek Kumar Verma, Bibhas Chandra
Abstract: The present investigation adds to the sustainability dimension through examining the managerial intention to implement green hotel practices. Data were collected conveniently from the sample of 285 hotel managers using structured questionnaire. The model was developed and analysed by means of measurement and structural model applying statistical analysis software SPSS V.20 & AMOS V.21. The Results predicted that customers attitude and environmental concern significantly and positively influence the managerial intention to implement green hotel practices. This study suggested that apart from economic factors, behavioural factors such as customers attitude and employees environmental concern are also critical in greening the business process. Additionally, As compared to developed nations, this study provides some useful managerial insights on the implementation of green hotel practices, which is at the emerging state in India.
Keywords: Green hotel; Environmental Concern; Intention to Implement; Sustainability; Management Attitude; Customer’s Attitude.
Perceived Managerial and Leadership Effectiveness in Argentina and Mexico: A comparative study of effective and ineffective managerial behaviour
by Robert G. Hamlin
Abstract: The purpose of this study was to explore similarities and differences between the perceptions of effective and ineffective managerial behaviour observed in private and public organizations in Argentina and Mexico The results of a qualitative cross-case/cross-nation comparative analysis of findings obtained from two emic replication studies of perceived managerial and leadership effectiveness previously carried out by the authors suggest that in both countries effective managers are perceived as those who are: 'fair', 'flexible', 'caring about employees' and 'understanding of their personal needs', and who 'make sure they have good working conditons', 'provide reward and recognition', 'monitor performance', 'encourage professional development', and 'take into account the suggestions of employees'. These findings support those who theorize about the existence of a universal set of managerial behavioural practices that are effective and ineffective across countries.
Keywords: managerial and leadership effectiveness; perceptions; managerial behaviour; behavioural indicators; comparative study; cross-case; cross-nation; indigenous research; replication research; Argentina; Mexico,.
The Comparative Analysis of Employee Engagement Measures: A Theoretical Perspective
by Neha Gupta, Vandna Sharma
Abstract: Employee engagement has been a popular and prevalent idea among business professionals, where as in the scholastic writing; it remains a topic of debate. This study lay out to understand the contending measures of employee engagement keeping in mind the end goal to give a more profound comprehension of its theoretical framework, measures and their dimensions. The current paper tries to analyze the academic path of engagement and investigates the overlapping of different dimensions of the engagement scales and identification of uniqueness of each scale to come across the one definition and one measurement approach for engagement construct. An integrative review and relational analysis was performed throughout the wide spread database in scholarly field. The findings of the study state that despite of the overlapping between the measurements of employee engagement, there are some vital contrasts between these scales. The research contributes to existing body of knowledge in the area of engagement by investigating the multiple conceptualizations and estimations of employee engagement which provide better comprehension of the construct. Implications are taken into the consideration for further enquiry into the engagement procedure. Overall the study opens a new door in the engagement research by considering the all models of measurement under one roof.
Keywords: Employee engagement; engagement; engagement scale; engagement measurement; conceptualization.
Business strategies for managing legislative requirements: A case study of legislative sustainability requirements for biofuels in the EU
by Heli Kasurinen, Sanni Väisänen, Ville Uusitalo, Risto Soukka
Abstract: Businesses employ different strategies to manage legislative requirements; however, there is little science-based understanding of the strategies that are in use. This study introduces a general legislation maturity model for businesses that includes company profiles, strategies and activity levels in relation to legislative requirements. Four strategies, namely defensive, adaptive, proactive and lead, are described through a case study of legislative sustainability requirements for biofuels in the EU that are organised according to their urgency and validity to biofuel producers, and the associated activity levels. This model will help managers to identify the strategies they employ, more systematically select strategies, understand the spatial and temporal scales and more efficiently allocate legislation management resources. The legislation maturity profiles, strategies, activities and urgency-validity framework are applicable in other industries.
Keywords: biofuels; business; sustainability; EU; legislation; Renewable Energy Directive; defensive strategy; adaptive strategy; proactive strategy; lead strategy.
Cooperation Process: What motivates individuals to participate in a cooperative?
by Rozelia Laurett, Mario Franco
Abstract: Setting out from the relevance of cooperatives worldwide and their important economic and social role, this research aims to understand what motivates cooperators in different segments to be part of a cooperation process with a cooperative. To do so, an exploratory and qualitative study was carried out following the multiple case study method. For data-collection, ten semi-structured interviews were held based on a previously defined script. These interviews were recorded and transcribed, followed by content analysis through codification and categorization. From analysis of the interviews, 37 variables motivating members to participate in a cooperative were identified, with these being grouped according to their similarity in 5 categories: (1) External influences; (2) Characteristics of the cooperative; (3) Socio-psychological; (4) Relationships; and (5) Benefits. Some implications for theory and practice and suggestions for future research are also presented.
Keywords: Cooperative; Cooperator; Motivators; Cooperation; Brazil.
CEO characteristics and the amount of capital raised in Malaysian IPOs
by Bazeet O. Badru, Nurwati A. Ahmad-Zaluki, Wan Nordin Wan-Hussin
Abstract: This study examines the impact of the characteristics of the Chief Executive Officer (CEO) on the amount of capital raised in the Malaysian Initial Public Offering (IPO) market. To have a broader picture of the impact, the current study employs the Ordinary Least Squares (OLS) and quantile regression techniques, using a sample of 214 IPOs over the period of 2005-2015. The use of the quantile regression technique allows the study to estimate the impact of the CEO's characteristics at different quantiles of the conditional distribution of the capital raised. The results show that companies with a Malay CEO raise more capital than those companies with a non-Malay CEO. In addition, CEO age is significant and negatively associated with capital raised. However, the impact of CEO educational qualification is mixed, while CEO gender is insignificant. Other variables, such as company size and pre-IPO financial health, have significant and positive impact on capital raised. The practical implication of the study is that the characteristics of the CEO play a signalling role in IPO decisions. As such, investors can consider the characteristics of the CEO before making investment decisions.
Keywords: capital raised; CEO ethnicity; CEO gender; CEO age; quantile regression.
The power of a vision: a case of climate-neutral operations in maritime shipping
by Åge Svein Gjøsæter, Øyvin Kyvik
Abstract: Maritime shipping is facing international requirements for more environmentally-friendly operations. This research explores how a firm's strategic vision for operational sustainability of its fleet is implemented. It studies the case of a Norwegian shipping company that put its vision of a climate-neutral business into practice through integrating a change in operational procedures with an innovative business model which combines a reduction in emissions of detrimental greenhouse gases to sea or air with compensations paid to the Norwegian Rainforest Foundation. The findings show that making the vision a powerful driving force calls for discursive leadership which consciously shapes alignment around the vision as an inspiring higher-order corporate objective. Also it was found that operationalising the vision through ongoing facilitation of the strategy-making process, establishing incentives and concurrently developing a supportive business model in line with social trends are key factors for a positive outcome.
Keywords: strategic vision; environmentally friendly; operational sustainability; innovative business model; emissions reduction; greenhouse gases; Norwegian Rainforest Foundation; management practice; operational procedures; climate-neutral operations; strategising; discursive leadership; practical leadership; maritime shipping.
Perceived career challenges and response strategies of women managers in Indian five-star hotels: a mixed-method study
by Vidya Patwardhan, Sureshramana Mayya, Harish Joshi
Abstract: This descriptive phenomenological study is designed to investigate and describe the lived career experiences of women managers in Indian five-star hotels. Data were collected from face-to-face interviews with 29 women managers of two five-star hotels in Delhi and one five-star hotel in Mumbai along with responses to open-ended questions from 158 women managers of 46 five-star hotels in the cities of Delhi, Gurgaon, Mumbai, Pune, Chennai, and Bangalore and analysed in lines of qualitative content analysis. The content analysis of the data yielded 13 themes related to career experiences of women managers that enabled and hindered their career progression. Findings revealed that women managers in five-star hotels are keen to ascend to leadership positions and they expect organisations to realise the promise of diversity to facilitate their career ambitions. They adjust their feelings of satisfaction and develop career strategies to reduce dissonance with their lack of ability to attain executive positions. The findings of this study may be useful for women who desire advancement to executive positions and to organisational leaders who wish to hire and promote the right person regardless of gender.
Keywords: women managers; India; five-star hotels; career advancement; career challenges; career strategies.
Construction site safety in small construction companies in Saudi Arabia
by Murat S. Erogul, Mohsen Mania Alyami
Abstract: Construction site safety concerns in small construction projects in Saudi Arabia are alarming due to the large number of accidents per year. The purpose of this research is to explore construction worker's perceptions regarding construction site safety climate. An integrative model of workplace safety has been utilised to design and administer a questionnaire to workers in five small residential construction sites in the city of Najran. The results demonstrate a lack of adherence to occupational health and safety regulations by employers, a need for construction site safety protocols and enhanced external inspection systems, an unawareness among participants in regards to the safety measures endorsed by their companies, and indications of leniency due to favouritism by external inspectors. In conclusion, the study contributes to construction science and practice by identifying factors contributing to construction worker perception of safety which may help employers enhance the safety climate of small construction sites.
Keywords: residential construction; construction site safety; safety regulations; Saudi Arabia.
Does inclusion of agriculture futures contracts provide enough portfolio diversification? Evidences from India
by Shriram Anil Purankar, Vipul Kumar Singh
Abstract: The paper explores the time series dynamics of future contracts for agriculture commodities traded on commodity exchanges. The paper attempts to find out whether the inclusion of agriculture commodity futures contracts can provide higher degree of portfolio diversification. For this, the paper focuses on the causality and long run co-integration dynamics of most active agriculture future contracts of MCX and NCDEX. To test the all-round applicability of agriculture futures contracts, the paper focuses on the existence of the short and long-term relationship, if any, among these specific categories of commodities with the traditional asset-class like crude oil prices, USDINR exchange rates, and Nifty 50 index. Econometric techniques like Granger causality, Johnson co-integration and VECM model have been used.
Keywords: agriculture; crude oil; Johnson co-integration; MCX; NCDEX; Nifty; VECM.