Segmentation of impulse buyers in an emerging market – An exploratory study

Purpose This paper aims to explore the voting recommendations made by proxy advisory firms in India by descriptively analyzing the “Vote Against” recommendations made by two proxy advisory firms for shareholder resolutions for the listed Indian firms. It also empirically tests the relationship between proportion of “Vote Against” recommendations and the parameters which are proved to be influencing corporate governance practices of a firm. Design/methodology/approach Empirical analysis of proxy voting recommendations for a sample of 77 listed non-financial Indian firms across four financial years. Findings The paper finds that two categories of shareholders proposals, “reappointment of non-executive directors” and “remuneration of statutory auditors”, account for 83.5 per cent of “Vote Against” recommendations. Further, there are significant differences in the proportion of “Vote Against” recommendations based on the type of “controlling ownership” of the firms. The regression analysis indicates that the relationships between proportion of “Vote Against” recommendations and determinants of corporate governance practices are mostly in line with the a priori expectations, as far as ownership is concerned but requires further analysis for other parameters. Research limitations/implications Exploratory nature of this paper opens up new research issues in the upcoming Indian Proxy advisory industry. It suggests that the future research should consider the controlling ownership as an important parameter while analyzing the proxy firm recommendations. Practical implications Indian proxy advisory industry requires lots of nurturing from the regulators, and this exploratory study provides the basic insights in this regard. It also highlights potential corporate governance issues where the regulators need to tighten the corporate governance norms, like reappointment of independent directors and appointment of statutory auditors. Originality/value Pioneering Study in understanding the proxy advisory voting recommendations in an emerging market.

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Internationalization strategies adopted by Natura in Latin America and Europe: An exploratory study with an emerging market company

AFRICAN JOURNAL OF BUSINESS MANAGEMENT ◽

10.5897/ajbm2013.7258 ◽

2014 ◽

Vol 8 (14) ◽

pp. 561-571 ◽

Cited By ~ 1

Author(s):

Bassi Sutter Mariana ◽

Vasconcellos Eduardo ◽

Fernandes Polo Edison

Keyword(s):

Latin America ◽

Exploratory Study ◽

Emerging Market ◽

Internationalization Strategies

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Corporate Social Responsibility (CSR) communication patterns in an emerging market

Journal of Organizational Change Management ◽

10.1108/jocm-03-2017-0087 ◽

2018 ◽

Vol 31 (4) ◽

pp. 795-809 ◽

Cited By ~ 7

Author(s):

Noha El-Bassiouny ◽

Menatallah Darrag ◽

Nada Zahran

Keyword(s):

Corporate Social Responsibility ◽

Content Analysis ◽

Social Responsibility ◽

Emerging Markets ◽

Exploratory Study ◽

Emerging Market ◽

Listed Companies ◽

Content Type ◽

Csr Communication ◽

Corporate Social

Purpose The purpose of this paper is to explore the concept of Corporate Social Responsibility (CSR) communication. This paper specifically aims at introspecting into CSR communication patterns in the Egyptian context, where the top ten companies in the Egyptian Stock Exchange–Environmental, Social and Governance Index (EGX-ESG) are sampled. Design/methodology/approach The paper presents an exploratory study where content analysis of the communications of the ten top-listed companies in the ESG Index in Egypt was analyzed. Findings The results showed that most companies are using the “stakeholder information” strategy, with the “stakeholder involvement” strategy being the least used. Research limitations/implications The results are limited to the use of the content analysis method which is a qualitative methodology. Hence, the results should be generalized with caution. Practical implications CSR communication is crucial to the success of companies, regardless of business size, industry or culture. Several aspects of CSR communication, to this day, remain vague for academics and practitioners alike. Therefore, additional insights about the topic should be generated. The present work aids in the understanding of CSR communication as a facet of organizational change and a new trend in emerging markets. Social implications The current exploratory study sheds light on the topic of CSR communication in an important emerging market in transition, namely Egypt. The results of the communication strategies utilized by the top-listed companies can be generalized to other similar contexts. Originality/value The majority of the studies conducted on this particular topic took place in the USA and Europe; hence, few insights are provided about the concept in emerging markets.

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Internationalisation of emerging market firms: an exploratory study of Chilean companies

International Journal of Emerging Markets ◽

10.1108/ijoem-02-2010-0013 ◽

2014 ◽

Vol 9 (1) ◽

pp. 54-78 ◽

Cited By ~ 19

Author(s):

Constanza Bianchi

Keyword(s):

Latin American ◽

Exploratory Study ◽

Design Methodology ◽

Theoretical Foundation ◽

Emerging Market ◽

Industry Data ◽

Foreign Markets ◽

Resource Based View ◽

Content Type ◽

Emerging Market Firms

Purpose – This paper aims to explore how firms from a Latin American market internationalise using the resource-based view of the firm as a theoretical foundation. Specifically, it examines the internationalisation process of three Chilean companies that have become relevant international players. Design/methodology/approach – Drawing on interviews with company managers, as well as industry data and corporate reports, this paper provides insights into the successful internationalisation process of emerging market firms. Findings – The findings of this study suggest that specific capabilities and resources, such as belonging to a family conglomerate, domestic and foreign partnerships and networks, innovation and market orientation, and an experienced management team, are required for emerging market firms to internationalise and improve their performance in foreign markets. Originality/value – This study is one of the few to address the internationalisation process of Chilean companies.

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