scholarly journals Understanding firm exit: a systematic literature review

2021 ◽  
Author(s):  
Elena Cefis ◽  
Cristina Bettinelli ◽  
Alex Coad ◽  
Orietta Marsili
Keyword(s):  
Literature Review ◽  
Initial Public Offerings ◽  
Systematic Literature Review ◽  
English Summary ◽  
Future Research ◽  
Special Issue ◽  
Firm Exit ◽  
Public Offerings ◽  
Final Sample ◽  
The Individual

AbstractWe investigate the corpus of literature on firm exit by means of a systematic literature review (SLR) which yields a final sample of 142 journal articles for the period 1991–2020. The phenomenon of firm exit is explored from a variety of perspectives: business exit; exit at the individual entrepreneur level; exit from specific markets; exit from foreign markets; and the role of exit for industrial dynamics conceived more broadly. Special attention is given to the various exit routes, including voluntary liquidation, mergers and acquisitions (M&A), initial public offerings (IPO), and of course bankruptcy. The SLR sets the scene for the Special Issue papers that are presented towards the end, and we conclude with some suggestions for future research.The Plain English Summary This article develops a systematic literature review around three decades of firm exit research, patterns, developments, and intriguing gaps. In this paper, we systematically review 142 studies on firm exit from various perspectives, identify major patterns, and outline the debate around firm exit. We propose reflections useful for scholars willing to engage in firm exit research in the future and set the scene for the special issue papers. Overall, this work shows the remarkable progress made in the area of firm exit that has evolved from the view of exit as a homogenous event signaling failure to a vision of exit as a heterogenous event. Exploring the sources of heterogeneity of exits from various perspectives could offer promising paths for future research.

scholarly journals Corporate Board Committees and Corporate Outcomes: An International Systematic Literature Review and Agenda for Future Research

2021 ◽  
pp. 2150001 ◽  
Author(s):  
Mohammed A. Alhossini ◽  
Collins G. Ntim ◽  
Alaa Mansour Zalata
Keyword(s):  
Literature Review ◽  
Empirical Evidence ◽  
Systematic Literature Review ◽  
Current Knowledge ◽  
Future Research ◽  
Applied Theory ◽  
Corporate Board ◽  
Theoretical Frameworks ◽  
Wide Range ◽  
The Individual

This paper comprehensively reviews the current body of international accounting literature regarding advisory/monitoring committees and corporate outcomes. Specifically, it synthesizes, appraises, and extends current knowledge on the (a) theoretical (i.e., economic, accounting/corporate governance, sociological and socio-psychological) perspectives and (b) empirical evidence of the observable and less visible attributes at both the individual and committee levels and their link with a wide range (financial/non-financial) of corporate outcomes. Using the systematic literature review method, 304 articles from 59 journals in the fields of accounting and finance that were published between January 1992 and December 2018 are reviewed. The main findings are as follows. First and theoretically, agency theory is the most dominant applied theory/studies with no application of theory at all (descriptive), while the application of integrated theoretical frameworks is lacking in the reviewed articles. Secondly, the existing empirical evidence focusses excessively on (a) monitoring instead of advisory committees and (b) observable rather than less visible committee attributes. Thirdly, scarcity of cross-country studies along with methodological limitations relating to measurement inconsistencies, insufficiency of variables, and dominance of quantitative studies, among others, are identified. Finally, promising future research avenues are outlined.

Academic entrepreneurship intentions: a systematic literature review

2020 ◽  
Vol 39 (5) ◽  
pp. 645-704 ◽  
Author(s):  
Sara Neves ◽  
Carlos Brito
Keyword(s):  
Literature Review ◽  
Systematic Literature Review ◽  
Academic Entrepreneurship ◽  
Academic Community ◽  
Entrepreneurial Intentions ◽  
Future Research ◽  
Content Type ◽  
Depth Analysis ◽  
The Individual ◽  
The University

PurposeThe objective of this research is to have an up-to-date and comprehensive assessment of the current knowledge regarding the variables that encourage the individuals, within the academic community, to get involved in knowledge exploitation activities. It is influenced by the observation that there is a need for more systematic scrutiny of micro-level processes to deepen our understanding of academic entrepreneurship (Balven et al., 2018; Wright and Phan, 2018). The study proposes to answer to ‘What are the drivers of academic entrepreneurial intentions?’ and ‘What are the emerging topics for future research?’Design/methodology/approachThe paper follows a Systematic Literature Review process (Tranfield et al., 2003) and adopts a four-step process format from previous literature reviews within the entrepreneurship context (Miller et al., 2018). From the results within Scopus and Web of Science databases, this research selected, evaluated, summarised and synthesised 66 relevant papers.FindingsThis study provides a factor-listed representation of the individual, organisational and institutional variables that should be considered in the strategies defined by the university. Moreover, the study concludes that the push factors behind the intentions are multiple, context-dependent, hierarchy-dependent, heterogeneous and, at the same time, dependent on each other and against each other. Lastly, the study contributes to academic entrepreneurship literature, especially entrepreneurial intention literature, which has recently received more researchers' attention.Originality/valueThe study corroborates that the individual factors, directly and indirectly via Theory of Planned Behaviour, strongly impact the academics' intentions. While the focus of the papers under review was an in-depth analysis of a selected group of factors, this SLR sought to compile the factors that were identified and provide a broader picture of all those factors to be considered by the university management. It contributes to the identification and clustering of the drivers that encourage academics to engage in knowledge valorisation activities, differentiating them by activity. For the practitioners, this list can be used by university managers, TTOs and department managers, and policymakers to guide questionnaires or interviews to analyse their academics' intentions and adequately support its academic engagement strategy. Lastly, this study also suggests worthwhile avenues for future research.

The careers of university professional staff: a systematic literature review

2019 ◽  
Vol 24 (7) ◽  
pp. 597-618
Author(s):  
Michelle Gander ◽  
Antonia Girardi ◽  
Megan Paull
Keyword(s):  
Human Capital ◽  
Career Development ◽  
Literature Review ◽  
Systematic Literature Review ◽  
High Performance ◽  
Professional Staff ◽  
Reciprocal Relationship ◽  
Future Research ◽  
Content Type ◽  
The Individual

Purpose Human capital is a key component of the success of organisations, and career development of staff is a vital component to both increasing and retaining human capital. Universities are no different, their people are key to their mission. There has been limited rigorous study of the careers of professional staff in the academy. The paper aims to discuss these issues. Design/methodology/approach A systematic literature review methodology resulted in a review of 23 articles dedicated to research on careers of professional staff in higher education (HE). Thematic analysis identified a series of enablers and barriers that influence career development and progression. Findings Career enablers and barriers have been found to exist at both the institutional and individual levels. Within the HE context, professional staff have a hybrid career mindset, desiring traditional and more contemporary career factors, leading to a reciprocal relationship between the organisation and the individual. Research limitations/implications There is a need for future research to investigate the hybrid career mindset, and the reciprocal relationship, both to add depth to understanding of careers for professional staff in universities, and to examine this in other settings. Practical implications Universities may need to consider ways to integrate institutional support for high performance work systems (HPWS) with opportunities for professional staff, while individuals may need to consider adopting career self-management behaviours (CSMB) to fit their hybrid mindset. Originality/value This review has highlighted organisations and individuals will benefit if the relationship between HPWS and CSMB is better understood for the hybrid career mindset.

Navigation of the paradoxical landscape of the family business

2020 ◽  
Vol 38 (3) ◽  
pp. 139-153 ◽  
Author(s):  
Maura McAdam ◽  
Eric Clinton ◽  
Clay Dibrell
Keyword(s):  
Literature Review ◽  
Family Business ◽  
Systematic Literature Review ◽  
Family Businesses ◽  
Dynamic Processes ◽  
Future Research ◽  
Special Issue ◽  
Research Directions ◽  
The Family ◽  
Future Research Directions

The aim of this special issue is to enhance knowledge and understanding of the distinctive, paradoxical landscape of the family business. In particular, it investigates the strategies used by family businesses to manage such tensions and to navigate this landscape where numerous paradoxes relating to family businesses have been identified. Moores and Barrett provide an overview of this distinctive, paradoxical landscape, which comprised a systematic literature review of 203 items spanning an eighteen-year period. After a rigorous reviewing process, three papers were selected for inclusion in this special issue, namely, Radu-Lefebvre and Randerson; Helvert-Beugels, Flören and Nordqvist; and Discua Cruz, which accumulatively improve our understanding of the antecedents, consequences and dynamic processes of paradoxical tensions within a family business. Finally, future research directions which acknowledge the family businesses as ageless, mindful, intuitive, collaborative and paradoxical are provided.

Managing knowledge assets for open innovation: a systematic literature review

2017 ◽  
Vol 21 (6) ◽  
pp. 1362-1383 ◽  
Author(s):  
Angelo Natalicchio ◽  
Lorenzo Ardito ◽  
Tommaso Savino ◽  
Vito Albino
Keyword(s):  
Literature Review ◽  
Systematic Literature Review ◽  
Open Innovation ◽  
Design Methodology ◽  
Future Research ◽  
Research Directions ◽  
Content Type ◽  
Final Sample ◽  
Prior Literature ◽  
Future Research Directions

Purpose Knowledge assumes a pivotal role in the open innovation (OI) paradigm. Yet OI has been scantly investigated by adopting a knowledge management (KM) lens. Therefore, the purpose of this paper is to provide a systematic literature review of the KM practices analysed by prior literature to support OI activities. Design/methodology/approach To perform a valuable literature review, the steps for systematic review proposed by previous studies have been adopted. These steps have yielded a final sample of 34 articles. Afterward, the authors have distinguished and analysed the identified articles according to the three main OI processes, i.e. inbound, outbound and coupled OI processes. Findings This research groups and highlights the most relevant KM practices to support OI activities on the basis of the inbound, outbound and coupled OI processes. Originality/value Despite knowledge is the most relevant resource exchanged in OI activities, this is the first attempt to highlight how knowledge should be managed in an OI context by adopting a KM lens. Furthermore, the authors also identify relevant topics that have been so far understudied, which the authors suggest as future research directions.

Systematic literature review of project manager's leadership competencies

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Riaz Ahmed ◽  
Simon P. Philbin ◽  
Farooq-e-Azam Cheema
Keyword(s):  
Literature Review ◽  
Systematic Literature Review ◽  
Leadership Competencies ◽  
Future Research ◽  
Content Type ◽  
Face To Face ◽  
Final Sample ◽  
Literature Reviews ◽  
Management Literature ◽  
Research Studies

PurposeOver the last few decades, a large number of research studies have been carried out on project manager's leadership competencies. However, systematic literature reviews are still scarce in the project management literature. Therefore, the purpose of this article is to conduct a systematic literature review on project manager's leadership competencies based on published empirical research studies.Design/methodology/approachThe authors employed a systematic literature review (SLR) methodology to synthesize research in a rigorous manner and a total of 1,780 articles were identified in the first step and a final sample of 60 research studies were synthesized.FindingsSynthesis of the findings in this SLR on project manager's leadership competencies revealed: (a) there is a lack of categorization or ranking of leadership competencies; (b) 20 research studies (46%) were conducted with sample sizes of less than 100; (c) only a few research studies (<10%) used interview data for analysis; and (d) none of the research studies reported adoption of a triangulation method.Research limitations/implicationsThis study synthesized clusters of leadership competencies and prioritized project manager's leadership competencies as “high priority”, “moderate priority” and “low priority”. We recommend a sample size between 200 and 300 to produce sophisticated results and enhance the credibility, generalizability and validity of clusters and priorities of project manager's leadership competencies through future research.Originality/valueFuture research studies are suggested to consider systematic literature review combined with face-to-face and group interview in addition to employing triangulation methods. Besides highlighting implications for practitioners, this SLR has advanced the understanding of how to conduct systematic literature reviews in a robust manner.

scholarly journals How do Individuals Form Their Motivations to Expatriate? A Review and Future Research Agenda

2021 ◽  
Vol 6 ◽  
Author(s):  
Y. N. Arifa ◽  
S. El Baroudi ◽  
S. N. Khapova
Keyword(s):  
Literature Review ◽  
Systematic Literature Review ◽  
Research Agenda ◽  
Future Research ◽  
Individual Motivation ◽  
Future Research Agenda ◽  
Action Model ◽  
The Individual ◽  
New Research

For two decades, individual motivations to expatriate have received substantial attention in the expatriation literature examining self-initiated and assigned expatriation. Recently, however, this literature has changed direction, demonstrating that prior to forming their actual motivations, individuals undergo a process wherein they actively form those motivations. No review has yet unraveled this motivation process, and this systematic literature review fills this gap. Using the Rubicon Action model that discusses the motivation process of expatriation, this article demonstrates that for self-initiated and assigned expatriation, individuals follow similar processes: expatriation expectations are formed; then, they are evaluated; and finally, preferences are built that result in motivations to expatriate. Findings for each stage are discussed in light of their contributions to the expatriation literature. For major gaps, new research suggestions are offered to advance our understanding of the individual motivation process that expats experience prior to forming their motivations to move abroad.

A Systematic Literature Review of the EFQM Excellence Model from 1991 to 2019

1970 ◽  
Vol 2 (2) ◽  
pp. 11-15
Author(s):  
Muhammad Yousaf ◽  
Petr Bris
Keyword(s):  
Quality Management ◽  
Data Collection ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Quantitative Research ◽  
Web Of Science ◽  
State Of The Art ◽  
Future Research ◽  
European Foundation ◽  
The Subject

A systematic literature review (SLR) from 1991 to 2019 is carried out about EFQM (European Foundation for Quality Management) excellence model in this paper. The aim of the paper is to present state of the art in quantitative research on the EFQM excellence model that will guide future research lines in this field. The articles were searched with the help of six strings and these six strings were executed in three popular databases i.e. Scopus, Web of Science, and Science Direct. Around 584 peer-reviewed articles examined, which are directly linked with the subject of quantitative research on the EFQM excellence model. About 108 papers were chosen finally, then the purpose, data collection, conclusion, contributions, and type of quantitative of the selected papers are discussed and analyzed briefly in this study. Thus, this study identifies the focus areas of the researchers and knowledge gaps in empirical quantitative literature on the EFQM excellence model. This article also presents the lines of future research.

scholarly journals An Exit Strategy for the Definitional Elusiveness: A Three-Dimensional Framework for Social Entrepreneurship

2021 ◽  
Vol 13 (2) ◽  
pp. 563
Author(s):  
Bing Ran ◽  
Scott Weller
Keyword(s):  
Social Change ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Social Entrepreneurship ◽  
Common Ground ◽  
Three Dimensional ◽  
Theoretical Framework ◽  
Future Research ◽  
Exit Strategy ◽  
Conceptual Paper

Despite the growing utility and prevalence of social entrepreneurship, an accepted definition remains elusive and infeasible. Yet, it is imperative that the principles guiding social entrepreneurship are identified so that common ground is established to facilitate future research. On the basis of a systematic literature review, this conceptual paper proposes a theoretical framework outlining social entrepreneurship as a three-dimensional framework as a function of continua of “social” and “business” logics, “beneficial” and “detrimental” social change logics, and “innovation” and “mundane” logics. The framework accommodates the fuzziness and ambiguity associated with social entrepreneurship whilst remaining a workable, identifiable construct. By accounting for the shifting logics practiced by social entrepreneurship that both influence and are influenced by the organizational environment, this framework provides an exit strategy for the definitional elusiveness of social entrepreneurship. The resultant structures and functions of social entrepreneurship are shaped by these constraints as reflected by the fluidity and flexibility endorsed by the framework. Four avenues for future research regarding social entrepreneurship are recommended on the basis of the framework proposed in this article.

scholarly journals Crowdsourcing and open innovation: a systematic literature review, an integrated framework and a research agenda

2021 ◽  
Author(s):  
Livio Cricelli ◽  
Michele Grimaldi ◽  
Silvia Vermicelli
Keyword(s):  
Literature Review ◽  
Systematic Literature Review ◽  
Open Innovation ◽  
Innovation Management ◽  
Academic Research ◽  
Future Research ◽  
Four Dimensions ◽  
Word Analysis ◽  
The Relationship

AbstractIn recent years, Open Innovation (OI) and crowdsourcing have been very popular topics in the innovation management literature, attracting significant interest and attention, and inspiring a rich production of publications. Although these two topics share common themes and address similar managerial challenges, to the best of our knowledge, there is no systematic literature review that digs deep into the intersection of both fields. To fill in this gap a joint review of crowdsourcing and OI topics is both timely and of interest. Therefore, the main objective of this study is to carry out a comprehensive, systematic, and objective review of academic research to help shed light on the relationship between OI and crowdsourcing. For this purpose, we reviewed the literature published on these two topics between 2008 and 2019, applying two bibliometric techniques, co-citation and co-word analysis. We obtained the following results: (i) we provide a qualitative analysis of the emerging and trending themes, (ii) we discuss a characterization of the intersection between OI and crowdsourcing, identifying four dimensions (strategic, managerial, behavioral, and technological), (iii) we present a schematic reconceptualization of the thematic clusters, proposing an integrated view. We conclude by suggesting promising opportunities for future research.

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