scholarly journals Development of Business Schools in Emerging Markets: Learning through Adoption and Adaptation

2020 ◽  
Vol 12 (20) ◽  
pp. 8448
Author(s):  
Camelia Ilie ◽  
Gaston Fornes ◽  
Guillermo Cardoza ◽  
Juan Carlos Mondragón Quintana
Keyword(s):  
Emerging Markets ◽  
Business Models ◽  
Business Schools ◽  
Theory Development ◽  
Organizational Structures ◽  
International Standards ◽  
Business Practices ◽  
Local Leadership ◽  
Global North ◽  
Local Impact

The purpose of this study is to contribute to the understanding of the critical resources and capabilities that business schools (BS) have developed to achieve sustainable development. Framed within the resource-based theory, it analyzes seven of the top 50 BS from emerging markets (EM). It argues that these schools have grown through a development process of adopting and adapting business models, including teaching and research methodologies, organizational structures, and business practices; when they consolidated their local leadership, they started to follow a more idiosyncratic process. The findings shed light on the challenges that schools from EM face to deliver local impact while being measured by international standards and have implications for theory development, practice, and policymaking. In terms of theory, the findings show how the Global North model has exerted a determining influence in the development path of BS in EM, and, subsequently, how the pressure to respond to domestic demands has guided the acquisition of resources and the development of capabilities. For practice, the study reveals development patterns, clues about the challenges these BS face, and the range of solutions they have implemented. For policymaking, the case studies offer valuable lessons on how governments can design support systems for BS development.

CSR Strategies in Emerging Markets

2017 ◽  
pp. 1702-1725
Author(s):  
Claudia Ogrean ◽  
Mihaela Herciu
Keyword(s):  
Sustainable Development ◽  
Emerging Markets ◽  
Business Models ◽  
The Other ◽  
Business Practices ◽  
Socially Responsible ◽  
Csr Strategies ◽  
Development Tool ◽  
The Social ◽  
Decision Making Processes

The purpose of the chapter is to emphasize on the roles of businesses – as an effective (sustainable) development agent in emerging markets, on one hand, and of their CSR strategies – as an efficient sustainable development tool, on the other hand, in order to identify valuable business practices able to lead the emerging markets towards sustainability – through socially responsible decision making processes at business level. Having in the fore-ground the ideas of sustainability (which basically is a macro-economic concern) and responsibility (and especially its micro-economic correspondent that usually embraces the form of CSR), it will try to discover the general and specific features of the business models that capitalize the best the synergy between the social responsibility of business and the ensuring of sustainability in emerging markets.

CSR Strategies in Emerging Markets

2016 ◽  
pp. 1-24
Author(s):  
Claudia Ogrean ◽  
Mihaela Herciu
Keyword(s):  
Sustainable Development ◽  
Emerging Markets ◽  
Business Models ◽  
The Other ◽  
Business Practices ◽  
Socially Responsible ◽  
Csr Strategies ◽  
Development Tool ◽  
The Social ◽  
Decision Making Processes

The purpose of the chapter is to emphasize on the roles of businesses – as an effective (sustainable) development agent in emerging markets, on one hand, and of their CSR strategies – as an efficient sustainable development tool, on the other hand, in order to identify valuable business practices able to lead the emerging markets towards sustainability – through socially responsible decision making processes at business level. Having in the fore-ground the ideas of sustainability (which basically is a macro-economic concern) and responsibility (and especially its micro-economic correspondent that usually embraces the form of CSR), it will try to discover the general and specific features of the business models that capitalize the best the synergy between the social responsibility of business and the ensuring of sustainability in emerging markets.

ON THE ANALYSIS AND EVALUATION OF THE FINANCIAL ACTIVITIES OF AN ENTERPRISE IN THE TOKTOGUL REGION OF KYRGYZSTAN IN ACCORDANCE WITH INTERNATIONAL STANDARDS

2020 ◽  
Vol 2 (10) ◽  
pp. 77-79
Author(s):  
M. U. USUPOV ◽  
Keyword(s):  
Management System ◽  
Production Management ◽  
Organizational Structures ◽  
International Standards ◽  
Analysis And Evaluation ◽  
Financial Condition ◽  
Economic Entity ◽  
Production Management System ◽  
Provision Of Services

The article discusses the issues of improving the management of the financial condition of the economic entity, which change due to variable conditions of formation in organizational structures at the levels of levels, the production management system, the provision of services and the distribution of the company's profit. Such a management system can significantly affect the performance of the firm and accelerate the transition to international standards.

Hierarchical Inconsistency: A Monitoring Mechanism to Reduce Securities Fraud in Emerging Markets

2021 ◽  
Author(s):  
Yidi Guo ◽  
Xiaowei Rose Luo ◽  
Danyang Li
Keyword(s):  
Emerging Markets ◽  
Organizational Structures ◽  
Securities Fraud ◽  
Social Hierarchies ◽  
Checks And Balances ◽  
Corporate Elite ◽  
Governance Effectiveness ◽  
Corporate Securities ◽  
Monitoring Mechanism ◽  
Weak Rule

Research has indicated limited effects of formal governance measures on securities fraud prevention in emerging markets due to the weak rule of law. We propose that hierarchical inconsistency, misaligned rank ordering in formal organizational and informal social hierarchies of the corporate elite, can provide a novel monitoring mechanism to reduce securities fraud. Leaders at the top of the two inconsistent hierarchies can feel distressed and motivated to engage in contestation and challenge each other’s authority, thus providing checks and balances and preventing groupthink. This monitoring effect is likely to be stronger when either of the two heads has dominant and unequivocal superiority in their respective hierarchy, making them particularly distressed by the hierarchical inconsistency and prone to contest. We test our argument in the context of publicly listed family-controlled firms in China, where business and family hierarchies may confer superiority to different individuals. Our study contributes to the corporate securities fraud literature by understanding how formal organizational structures and informal social relationships interact and jointly influence governance effectiveness in emerging markets.

Markets Transnational Corporations in Emerging: in Search of Successful Business Model

2014 ◽  
pp. 5-17
Author(s):  
A. Bereznoi
Keyword(s):  
Emerging Markets ◽  
Business Model ◽  
Business Models ◽  
Actual Performance ◽  
Client Group ◽  
Financial Infrastructure ◽  
Local Supply ◽  
Group 2 ◽  
Investment Boom ◽  
Sustainable Competitive Advantages

The article starts analysis from the recent trend of fast growing importance of emerging markets for Western TNCs and the related shifts in the geography of their foreign investment activities. Despite this visible investment boom the actual performance of many TNCs in emerging markets has not met their expectations and a number of major players have already lost enormous sums of money. The author argues that one of the main reasons is the obvious desire of Western firms to adopt their domestic business models in the new structurally different environment which is frequently rejecting them as inefficient. Special attention is given to business model definition which, according to the author’s concept, should include three fundamental characteristics: (1) mechanism of value creation and delivery to the target client group, (2) mechanism of profit generation, and (3) mode of maintaining sustainable balance between two mechanisms above on the basis of the given resources and processes and simultaneous creation of sustainable competitive advantages. An attempt is made to disclose why business models, quite successful in the developed market economies, are often failing when TNCs try to transfer them unchanged to the emerging markets. The author explores the main directions of effective business models’ re-engineering bringing them in line with the specifics of local economic environment. These include significant product adaptation and related re-orientation to the new customer segments, re-building of local supply chain, distribution, and even financial infrastructure. The author also draws attention to the new features of TNCs’ global organization emerging under the conditions of simultaneous deployment of multiple business models in various host economies.

scholarly journals Sustainability and Business Outcomes in the Context of SMEs: Comparing Family Firms vs. Non-Family Firms

2018 ◽  
Vol 10 (11) ◽  
pp. 4080 ◽  
Author(s):  
María López-Pérez ◽  
Iguácel Melero-Polo ◽  
Rosario Vázquez-Carrasco ◽  
Jesús Cambra-Fierro
Keyword(s):  
Business Models ◽  
Family Firms ◽  
Medium Size ◽  
Stewardship Theory ◽  
Business Practices ◽  
Socially Responsible ◽  
Business Outcomes ◽  
Proposed Model ◽  
Moderator Role

Society is demanding more sustainable and socially responsible business models. Therefore, the concept of sustainability has become a cornerstone to help understand the success of many firms in the current competitive context. However, the context of SMEs has received little attention thus far. In order to solve this gap this article analyses the links between sustainability practices and business outcomes—both financial and non-financial (i.e., image and reputation)—for small and medium-size enterprises (SMEs). In addition, the study strives to analyze the potential differences between family firms and non-family firms. To this end, a quantitative study is carried out using PLS techniques to analyze a sample of SME owners and managers with a view to testing the proposed model based on the Stewardship Theory and Socioemotional Wealth Theory. In this sense, our study is pioneering in that it aims to assess—from a quantitative viewpoint—the moderator role of family firms on a series of relevant sustainability-driven outcomes. The data suggest that, in SME contexts, sustainability influences the corporate reputation, brand image, and financial value of the company. Importantly, we find that the profile (family vs. non-family) of the firm moderates the links between sustainability and business outcomes. Hence, our findings have important implications for sustainability implementation in SME contexts. Finally, we provide a series of guidelines aimed at maximizing the effectiveness of sustainability-based business practices.

scholarly journals Case study concerning successful Romanian SMEs development by students education and entrepreneurial training

2021 ◽  
Vol 3 (1) ◽  
pp. 18-24
Author(s):  
Irina Radulescu ◽  
Alexandru Radulescu
Keyword(s):  
Business Models ◽  
Economic Trend ◽  
Business Practices ◽  
Development Education ◽  
Sustainable Business ◽  
Sustainable Technologies ◽  
Mechanical Field ◽  
Online Sales ◽  
Entrepreneurial Training ◽  
The University

The European Commission has published in 2020 the SMEs Strategy for a Sustainable and Digital Europe that aims to increase the number of SMEs engaged in sustainable business practices, as well as the SMEs number that use digital technologies. Important opportunities for SMEs can be provided by digitization, to improve the production processes efficiency and the ability to innovate products and business models, by using advanced disruptive technologies. Good management is needed for a successful SME, education and entrepreneurship training have the role of consolidating business knowledge and skills. Educational activities and skills upgrading are essential for all SMEs managers and employees. Romania is on the last place in EU, regarding SMEs number and it ranks 11th place out of 28, in terms of connectivity. Regarding the digital maturity of Romanian SMEs, the White Papers on Romanian SMEs presents their main working elements: computer, e-mail applications, internet, intranet, social networks, the company's own website, online sales / purchases transactions. The objectives of the Bachelor's degree specialization of Economic Engineering in Mechanical field and Industrial Entrepreneurship Master are students training and education, in order to be able to sustain digitization and sustainable technologies. The university curriculum and the educational disciplines offered by the Economic Engineering in Mechanical field specialization and Industrial Entrepreneurship Master is connected to the society requirements and must follow the economic trend, by educating, training and getting good specialists. Keywords: SMEs development, education, entrepreneurship

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