Factors Affecting Women´s Involvement in the Governance of Family Firms

2021 ◽  
pp. 123-144
Author(s):  
Annalisa Sentuti ◽  
Gail Denisse Chamochumbi Diaz ◽  
Francesca Maria Cesaroni
Keyword(s):  
First Generation ◽  
Family Firms ◽  
Descriptive Analysis ◽  
Central Italy ◽  
Negative Influence ◽  
Female Representation ◽  
Factors Affecting ◽  
The Board Of Directors ◽  
Governance Roles ◽  
Female Presence

The chapter analyzes female involvement in medium-sized family businesses in Central Italy. The empirical analysis focuses on 233 firms over the period 2007-2014, to understand how female representation in corporate governance has evolved in recent years, and to pinpoint the factors tending to encourage/discourage female involvement in the board of directors. A descriptive analysis was conducted, enabling a fuller understanding of how female involvement in governance roles has evolved over the years. A regression analysis was performed to determine if and how specific governance characteristics – such as family ownership and generational stage – may have a bearing on the female presence on the board. The results confirm that female representation is favorably influenced by a strong family presence in the ownership of the business, while family firms under first-generation control exert a negative influence on female involvement.

Factors Affecting Women´s Involvement in the Governance of Family Firms

2020 ◽  
pp. 63-84
Author(s):  
Annalisa Sentuti ◽  
Gail Denisse Chamochumbi Diaz ◽  
Francesca Maria Cesaroni
Keyword(s):  
First Generation ◽  
Family Firms ◽  
Descriptive Analysis ◽  
Central Italy ◽  
Negative Influence ◽  
Female Representation ◽  
Factors Affecting ◽  
The Board Of Directors ◽  
Governance Roles ◽  
Female Presence

The chapter analyzes female involvement in medium-sized family businesses in Central Italy. The empirical analysis focuses on 233 firms over the period 2007-2014, to understand how female representation in corporate governance has evolved in recent years, and to pinpoint the factors tending to encourage/discourage female involvement in the board of directors. A descriptive analysis was conducted, enabling a fuller understanding of how female involvement in governance roles has evolved over the years. A regression analysis was performed to determine if and how specific governance characteristics – such as family ownership and generational stage – may have a bearing on the female presence on the board. The results confirm that female representation is favorably influenced by a strong family presence in the ownership of the business, while family firms under first-generation control exert a negative influence on female involvement.

scholarly journals Gender diversity, governance and dividend policy in Brazil

2020 ◽  
Vol 27 (2) ◽  
pp. 189-205
Author(s):  
Tatiana Aquino Almeida ◽  
Cinthya Rachel Firmino de Morais ◽  
Antonio Carlos Coelho
Keyword(s):  
Board Of Directors ◽  
Fixed Effects ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Descriptive Analysis ◽  
Gender Diversity ◽  
Content Type ◽  
Earnings Distribution ◽  
The Board Of Directors ◽  
Female Presence

PurposeConsidering that the heterogeneity in the composition of deliberation and management bodies can promote a differentiated impact on earnings distribution policies of companies, the purpose of this paper is to examine the marginal influence of female participation on the board of directors and executive board regarding decisions associated with dividend policy in companies operating in Brazil.Design/methodology/approachThe sample is composed of non-financial companies listed on the B3 Stock Exchange between 2010 and 2015, which encompasses 261 companies (1,084 observations per year). The tests aim at explaining the probability of earnings distribution and the payout level of companies through variables that measure the female presence – considering that the explanatory economic attributes of decisions over dividends are kept under control. The econometric analysis was carried out through the descriptive analysis of the variables and LOGIT and TOBIT tests of inference estimated with fixed effects and meeting all econometric requirements.FindingsThe proportion of women in both deliberative and executive bodies affects marginally the dividend policy of Brazilian companies. The female presence in management bodies contributes to a higher probability of earnings distribution and increase in the payout level; such tendency is moderated when women are in the board of directors; so, we do not reject the hypothesis of female influence on dividend policy decisions in Brazil.Originality/valueOne can find such investigations in foreign environments, but such tests had not been accomplished in Brazil so far. We discuss, therefore, in an unprecedented way, the heterogeneity in deliberative (governance) and executive (management) bodies and its outcomes in strategic decisions made in Brazilian companies, focusing on the female insertion and on fundamental decisions that are related to the relationship among stakeholders, which is the dividend policy per se.

scholarly journals Are Family Firms More Levered? An Analysis of Family and Non-Family Firms

SAGE Open ◽  
2021 ◽  
Vol 11 (2) ◽  
pp. 215824402110223
Author(s):  
Jahanzaib Haider ◽  
Abdul Qayyum ◽  
Zalina Zainudin
Keyword(s):  
Family Firms ◽  
East Asian ◽  
Ordinary Least Squares ◽  
Maturity Structure ◽  
The Family ◽  
Asian Economies ◽  
The Board Of Directors ◽  
East Asian Economies ◽  
Combined Data

This study analyzes the leverage policies of the family and non-family firms of eight East Asian Economies (Hong Kong, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, and Taiwan) by using combined data of 690 family and non-family firms with 3,224 firm–years over the period 2006–2010. This study has used an ordinary least squares (OLS) regression for analyzing the data for the first question, while for the second question, logit regression has been used as the dependent variable (a binary variable). Prior research on family and non-family firms has revealed that family firms issue less (high) debt than non-family firms. Our analysis on a sample of East Asian Economies discloses that family firms have significantly different leverage levels than non-family firms, but their signs are not consistent. On the contrary, when the owner works as CEO/Chairman or member of the Board of Directors, then the family firms issue less debt than the non-family firms. Besides that, this study adds a new question that has not been addressed in the prior studies. The new question has focused on the speed of leverage adjustment. It is found that family firms and non-family firms regarding their debt maturity structure (short-term debt and long-term debt), the speed of leverage adjustments, and their decision to issue securities (i.e., debt vs. equity) are not significantly different. This study concluded that though family firms have a strong influence on each economy, but in South-East Asian countries, leverage policies of the family firms are not much different than that of non-family firms.

scholarly journals Survey on Public Psychological Intervention Demand and Influence Factors Analysis

2021 ◽  
Vol 18 (9) ◽  
pp. 4808
Author(s):  
Fang Su ◽  
Bingjie Fan ◽  
Nini Song ◽  
Xue Dong ◽  
Yanxia Wang ◽  
...  
Keyword(s):  
Risk Perception ◽  
Family Size ◽  
Psychological Intervention ◽  
Control Period ◽  
Influence Factors ◽  
Negative Influence ◽  
Internet Survey ◽  
Psychological Status ◽  
Factors Affecting ◽  
Epidemic Period

Major public health emergencies would have a negative influence on the psychology of the public, and an effective psychological intervention can help them to relieve some emotions, such as tension and panic. However, differences in individual environments affect people’s psychological intervention demands and intervention mode choices. Therefore, it is of great theoretical and practical value to analyze and identify the key factors affecting these demands and choices. Based on a nationwide sample of 24,188 respondents from the “Internet Survey of Residents’ Behavioral Changes and Psychological Conditions during the Epidemic,” the different characteristics of public psychological intervention demands and choices under different factors are explored in this paper. The results demonstrate that: (1) the psychological status of Chinese people was relatively stable during the epidemic period, and there were 1016 respondents who had subjective demands for a psychological intervention, (2) age, gender, occupation type, residence, family size, risk perception, psychological status, education level, and fixed expenditure all significantly affect public psychological intervention demands, and (3) risk perception, psychological status, age, gender, and family size will impact the choice of psychological intervention methods. The above results can provide a decision-making basis for the construction of a psychological intervention system in psychological crisis management during the post-epidemic prevention and control period, as well as reference and suggestions for handling psychological stress of similar sudden crisis events in the future.

Job motivation and some factors affecting job motivation of office and support staffs at Dong Thap General hospital in 2017

2020 ◽  
Vol 04 (03) ◽  
pp. 9-17
Author(s):  
Quynh Pham ◽  
◽  
Minh Tuan Le ◽  
Thanh Phung ◽  
Thi Huyen Chang Pham
Keyword(s):  
Job Satisfaction ◽  
General Hospital ◽  
Working Environment ◽  
Average Score ◽  
Cross Sectional ◽  
Factors Affecting ◽  
Research Results ◽  
Job Motivation ◽  
The Board Of Directors ◽  
Intrinsic Job Satisfaction

The study was conducted with 02 objectives to describe and analyze some factors affecting the motivation of office and support staffs working at Dong Thap General Hospital in 2017. The research design is cross-sectional, combining quantitative and qualitative methods. Research results show that, the motivation average score of office and support staffs with the general motivation; burnout; job satisfaction; intrinsic job satisfaction; organizational commitment; conscientiousness; timeliness and attendance oscillate from 2.91 to 3.5. The motivation average score of office and support staffs with burnout is lowest and the motivation average score of office and support staffs with conscientiousness is highest. Some factors affecting the motivation of office and support staffs are income policies; training opportunities; satisfaction of colleagues and managers; working environment; equipment and facilities. The research results provide evidence to help the Board of Directors to develop solutions to improve the motivation of office and support staffs in the future. Keywords: job motivation, office and support staffs, hospital.

Who uses Transport Network Companies?: Characterization of Demand and its Relationship with Public Transit in Medellín

2021 ◽  
Author(s):  
Felipe Bedoya-Maya ◽  
Lynn Scholl ◽  
Orlando Sabogal-Cardona ◽  
Daniel Oviedo
Keyword(s):  
Latin American ◽  
Public Transit ◽  
Descriptive Analysis ◽  
Discrete Choice Models ◽  
Transport Network ◽  
Gender Effects ◽  
Transport Systems ◽  
Factors Affecting ◽  
On Demand ◽  
Latin American Region

Transport Network Companies (TNCs) have become a popular alternative for mobility due to their ability to provide on-demand flexible mobility services. By offering smartphone-based, ride-hailing services capable of satisfying specific travel needs, these modes have transformed urban mobility worldwide. However, to-date, few studies have examined the impacts in the Latin American context. This analysis is a critical first step in developing policies to promote efficient and sustainable transport systems in the Latin-American region. This research examines the factors affecting the adoption of on-demand ride services in Medellín, Colombia. It also explores whether these are substituting or competing with public transit. First, it provides a descriptive analysis in which we relate the usage of platform-based services with neighborhood characteristics, socioeconomic information of individuals and families, and trip-level details. Next, factors contributing to the election of platform-based services modeled using discrete choice models. The results show that wealthy and highly educated families with low vehicle availability are more likely to use TNCs compared to other groups in Medellín. Evidence also points at gender effects, with being female significantly increasing the probability of using a TNC service. Finally, we observe both transit complementary and substitution patterns of use, depending on the context and by whom the service is requested.

scholarly journals Analysis of determinant factors affecting retail business customer loyalty

2021 ◽  
Vol 5 (S3) ◽  
pp. 310-318
Author(s):  
Abdul Haris ◽  
Abdul Rahman ◽  
Yusriadi Yusriadi ◽  
Umi Farida
Keyword(s):  
Customer Satisfaction ◽  
Service Quality ◽  
Customer Loyalty ◽  
Structural Equation ◽  
Descriptive Analysis ◽  
Sem Analysis ◽  
Demographic Development ◽  
Five Dimensions ◽  
Factors Affecting ◽  
Goods And Services

Demographic development is the first field that influences the growth of retail stores. The rising population allows all goods and services to increase. To establish customer loyalty, the company must try to try to offer the highest quality in any product or service it must create a positive sense of quality in the minds of its customers. This research is a descriptive research type, trying to explain and describe each variable's conditions in detail and see the relationship or relationship between these variables. In the context of this study, the independent variables are Service Quality (X1), Relationship Marketing (X2), and Customer Satisfaction (Y), while the dependent variable is Customer Loyalty (Z). Quantitative data were analyzed using descriptive analysis and Structural Equation Modelling (SEM) analysis. Partially service quality has a significant influence on customer satisfaction in modern stores. In the sense that the quality of service provided by modern store management in Makassar City can contribute positively to customer satisfaction with the five dimensions of Tangible, Reliability, Empathy, Assurance, and Responsiveness. Direct service quality significantly influences customer loyalty, and indirect service quality has a significant effect on customer loyalty (LP) through customer satisfaction at modern stores in Makassar City.

scholarly journals Penerapan Asas Piercing The Corporate Veil: Perspektif Tanggung Jawab Direksi Perseroan Terbatas

2018 ◽  
Vol 1 (1) ◽  
pp. 45
Author(s):  
Putri Sari Harahap ◽  
Tumanggor Tumanggor
Keyword(s):  
Board Of Directors ◽  
Common Law ◽  
Descriptive Analysis ◽  
Secondary Data ◽  
Good Faith ◽  
Fiduciary Duty ◽  
Legal Research ◽  
The Board Of Directors ◽  
Piercing The Corporate Veil ◽  
The Veil

<p>Piercing The Corporate Veil principle is a common law doctrine that teaches about the veil special breakout company (corporate veil) covering the Board of Directors and other organs in running the company does not fit or have violated the principle of fiduciary duty (good faith) to the intent and purpose of the company.This type of research in this thesis is a normative legal research means tend to use secondary data in the form of primary legal materials, secondary law and tertiary  legal materials. To collect the data in this research is a stud y done by the descriptive analysis. The resulted in losses for both the company and third parties, First Defendant's actions can be categorized  as a tort (onrechtmatige daad) under Article 1365 of the Civil Code. In the verdict the judge in his ruling has been applying the principle of piercing the corporate veil but does not necessarily resolve the matter of debts between the Compa- ny (Plaintiff) with rights holders of promissory notes "mayofield notes" or the Board of Directors (Defendant 1) with the holders of promissory notes " mayofield note.</p><p>Keywords: Piercing the corporate veil, directors fiduciary duty</p>

scholarly journals Influence of the constituents of Izatison, DMSO and PEG400, on the growth and the grain productivity of the oat cultivar Nezlamny during two generations after the seed treatment

2021 ◽  
Vol 29 ◽  
pp. 41-46
Author(s):  
V. A. Katsan ◽  
A.I. Potopalsky ◽  
B.O. Zadorozhnii
Keyword(s):  
Seed Treatment ◽  
First Generation ◽  
Negative Influence ◽  
Stem Growth ◽  
Panicle Length ◽  
Stem Height ◽  
Grain Productivity ◽  
Two Generations ◽  
Negative Effect ◽  
Stimulation Of

Aim. The investigation of the influence of the constituents of Izatison, DMSO and PEG400, on the oat growth and its grain productivity during 2 generations after the seed treatment became the aim of this study for the elucidation of mechanism of Izatison stimulant influence. Methods. The broad scale of the concentrations of the solvents composition in the proportion, to be as in Izatison, was used. The plants were grown in the field. The growth processes were evaluated by the stem height on the tubing stage. The grain productivity was characterized by the panicle length, the grains number in the panicle and of theirs weight. Results. The dependence of influence of the solvents composition on the stem growth from its concentration was detected in the first generation. In some variants the negative influence was revealed on the grains number in the panicle and on theirs weight. The stimulation of the growth regardless from the solvents concentration was observed in the second generation and the more pronounced negative effect on the grain productivity. Conclusions. The solvents DMSO and PEG400 are able to influence on the oat growth and its productivity, and that effect was manifested also in 2 generation after the seed treatment. Keywords: Izatison, DMSO, PEG400, oat growth and grain productivity.

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