Boards and CSR: an emerging market perspectiveRivas, Jose Luis; Rubio, Job
2023 Academia Revista Latinoamericana de Administración
doi: 10.1108/arla-12-2021-0247
The purpose of this paper is to understand the influence of family ownership and governance mechanisms on corporate social responsibility (CSR) scores through the lens of the principal–principal (PP) perspective.Design/methodology/approachUsing a random-effects model the authors sample 21 hundred board members across a 101 listed Mexican companies from 2008 to 2020.FindingsThe paper finds that board independence and board committees are positively related to CSR scores.Practical implicationsResults of this paper suggest that stronger governance can enhance CSR: board independence and committees can be a counterbalancing mechanism serving stakeholders aiming to improve CSR scores.Originality/valueMost CSR research has focused on determinants and outcomes of CSR. The authors analyze an unexplored aspect of the corporate governance (CG) and CSR relationship: the potential influence of family ownership and governance mechanisms on CSR.
Relational governance in the ITO: the role of self-determination theory and the mediating effect of control perceivedBraga de Oliveira Friaes, Ligiane Cristina; Poleto, Thiago; Negreiros Clemente, Thárcylla Rebecca; Ramos, Camila Carvalho; de Carvalho, Victor Diogho Heuer; Nepomuceno, Thyago Celso Cavalcante
2023 Academia Revista Latinoamericana de Administración
doi: 10.1108/arla-10-2022-0182
Researchers in the field recognize the importance of the relationship between contractor and contractee in the process of information technology (IT) outsourcing. However, little is known about the impact of the manager's profile in this process. Thus, the objective of this research was to analyze the impact of the perception of competence, autonomy and relationship of public managers on relational governance (RG), as well as, to identify the effect of perceived control in this relationship.Design/methodology/approachThis study uses a quantitative approach to investigate the impact of the behavioral characteristics of IT managers from the self-determination theory (SDT). The data were collected in Brazilian public institutions active in the areas of education, finance, statistics and technology, and the hypotheses were identified and evaluated using the technique of partial least squares structural equation modeling (PLS-SEM).FindingsThe results identified that managers' self-determination is related to the perception of control, which, consequently, impacts the RG by providing feelings of competence and autonomy capable of building a beneficial relationship with the IT provider.Practical implicationsThis study promotes the understanding that upper management needs to support the autonomy of managers to increase their levels of intrinsic motivation when managing supplier deliveries.Originality/valueThe application of SDT to the IT outsourcing context provides new insights into the mediation of perceived control by explaining the relationship between managers' expectations and motivations as an important driver for RG.
A gender-comparative study of informal entrepreneurship: the moderating role of location decisionSilupu, Brenda; Amorós, José Ernesto; Usero, Belen; Montoro-Sánchez, Ángeles
2023 Academia Revista Latinoamericana de Administración
doi: 10.1108/arla-03-2022-0040
Motivations and access to resources for venturing differ between men and women. In developing countries, there has been an increase in businesses that do not have a specific location and persist in informality. This research aimed to evaluate, from a gender perspective, the moderating effect of the decision not to have a place in the relationship between human capital (education, experience and type of entrepreneurship) and business informality.Design/methodology/approachUsing the National Household Survey 2014–2018, a sample of 50,313 Peruvian entrepreneurs was obtained − 23,314 women and 27,002 men – who have been in business for over three years. The data were analysed with logistic regression.FindingsThe results showed a moderating effect of entrepreneurship without a settled location on the relationship between education and informality in the case of women. And, for men, the moderating impact falls on the education, experience and reason for venturing that influences the formality of their businesses.Originality/valueThe problem of business informality of established companies with more than 42 months of operation is analysed. The moderating effect of the decision not to have a specific location on the relationship between human capital and informality is explored. This work extends business informality studies in Latin America developing countries, incorporating a gender perspective.
Institutionalization of corporate bribery: a measurement proposal with evidence from a Latin American sampleYepes-López, Gustavo Adolfo; Camarena, José Luis; Cruz-Pulido, Julián Mauricio; Quintero-Campos, Luz Jeannette; Lasio, Virginia; Rodriguez, Jorge; Zambrano-Vera, Jack; García de la Torre, Consuelo Adelaida; Schwalb-Helguero, María Matilde; Prialé, María Ángela; Solís-Sierra, José; Rossi-Undurraga, Maruzella; Carvajal-Ramos, Roberto; Martinez, Pedro Javier; González-Gutiérrez, Victoria; Sánchez-Reyna, Rogelio; Lassaga, Griselda; Beltramino, Nicolás
2023 Academia Revista Latinoamericana de Administración
doi: 10.1108/arla-04-2022-0099
This article aims to report on the development and validation of a bribery measurement index for the business sector, which, based on institutional theory, seeks to overcome the limitations of traditional measurements, recognizing the dynamics that originate the phenomenon and identifying process components.Design/methodology/approachTo construct the index, correlational and principal component analysis techniques were used, as well as rigorous statistical tests, validating the instrument in a sample of 2,963 companies in Latin America, including Argentina, Colombia, Chile, Ecuador, Guatemala, Mexico and Peru.FindingsThe result was an instrument composed of two dimensions: (1) anti-bribery game rules, composed of regulations knowledge and anti-bribery efforts, and (2) bribery as a perceived habit, allowing an objective representation of reality due to its internal consistency, concurrent and discriminant validity.Practical implicationsThis instrument is one of the few that focuses on measuring bribery in the business sector in terms of corrupt practices, applicable for both public and private institutions to promote game rules against bribery. Additionally, the proposed theoretical model can be used to measure other phenomena with similar characteristics.Originality/valueThis article empirically highlights different variables that make bribery possible. The results can be helpful in the design of strategies to prevent this type of behavior. It also highlights the importance of designing mechanisms to record information related to bribery and the different expressions of corruption in order to explain its different nuances.
How does China economic policy uncertainty (EPU) impact copper-firms stock returns and copper prices returns?Maquieira, Carlos; Gahona-Flores, Orlando; Espinosa-Méndez, Christian
2023 Academia Revista Latinoamericana de Administración
doi: 10.1108/arla-11-2022-0203
This study focuses on how China EPU may impact copper-firms stock returns and also how China EPU mediates between stock returns and copper prices returns.Design/methodology/approachThe sample consists of 44 copper firms from January 2011 to March 2022. The study also considers a subsample of 29 net-exporters countries. Panel data methodology is used, allowing to control for unobservable heterogeneity and endogeneity problems. The equations are estimated through a dynamic panel using the generalized methods of moments (GMM).FindingsChina EPU has a negative and statistically significant relationship with stock returns. Copper price returns are positively associated with stock returns. This research also considers two scenarios: high and low levels of China EPU. For high levels of China EPU states it is reported a negative relationship between stock returns and China EPU and copper price returns show a positive relationship with stock returns.Research limitations/implicationsThere is need to explore other metals for what China exhibits a high demand and observe if China EPU and Global EPU have similar impacts on stock returns. It will be useful to identify main firm's consumers of copper and these other metals to explore the relationship between EPU and stock returns.Originality/valueTo the best of the authors’ knowledge, this is the first paper that analyzes China EPU index and its impact on both copper-firms stocks returns and on changes in copper prices. This is done using all public copper firms worldwide.
Putting the customer at the center: does store managers' ethical leadership make a difference in authentic customer orientation?Ruiz-Palomino, Pablo; Linuesa-Langreo, Jorge; Rincón-Ornelas, Rosa María; Martinez-Ruiz, M. Pilar
2023 Academia Revista Latinoamericana de Administración
doi: 10.1108/arla-11-2022-0201
The purpose of this article is to explore the mediating role of both ethical climate and frontline employees' ethical intent on the relationship between store managers' ethical leadership and frontline employees’ customer orientation (FECO).Design/methodology/approachOriginal data on small and medium-sized enterprises in the Mexican retail industry were used. A survey provided a sample of 332 frontline employees. To test the hypotheses, the authors conducted a partial least squares (PLS) analysis.FindingsThe results show the positive effect of ethical leadership is mainly direct. This can primarily be explained through the mechanisms of social exchange theory. Additionally, the results show that ethical climate and ethical intent act as essential partial mediators.Originality/valueAlthough managers' ethical leadership typically exercises a direct and positive influence on employees' work performance, the path linking the ethical leadership of the upper echelons to this outcome has not been frequently studied, especially in terms of its impact on meeting customers' needs (i.e. frontline employees' customer orientation, or FECO). This study expands on existing knowledge by considering that a true FECO is necessarily linked to being “oriented to others”, which is fostered by the perception that moral values (i.e. honesty) are embedded in an organization's culture.