8,807 research outputs found

    Financial and Economic Review 22.

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    Statistical Bulletin [December 2022]

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    Trade Union Effectiveness in the UK Hospitality Sector: A Case Study Approach

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    This study investigates how union representation, management attitude, union membership, collective bargaining, and technological revolution affect trade union effectiveness in the UK hospitality industry. It specifically explores how internal organisational factors and trade union factors impact the effectiveness of trade unions in the UK hospitality sector, as well as how improvement in such effectiveness can benefit employers and employees in this sector. An analysis of seven case studies of hotels in the UK was conducted, which included a total of 71 interviews with employees and hotel managers, seven meeting observations, and an analysis of documents from each hotel. All these data were analysed thematically using NVivo 12. Key findings revealed that two hotels were strongly unionised while the rest were weakly unionised. The unionised hotels had strong union representation, bargaining power and an adequate and growing union membership. The weakly unionised hotels had weak bargaining power and declining membership. Workers from weakly unionised hotels began to turn to management efficiency to seek resolutions for their concerns. Conversely, workers from strongly unionised hotels sought union representation to resolve their issues with the management. The study contributes a proposed conceptual framework of trade union effectiveness applied to the seven case organisations

    Corporate Social Responsibility: the institutionalization of ESG

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    Understanding the impact of Corporate Social Responsibility (CSR) on firm performance as it relates to industries reliant on technological innovation is a complex and perpetually evolving challenge. To thoroughly investigate this topic, this dissertation will adopt an economics-based structure to address three primary hypotheses. This structure allows for each hypothesis to essentially be a standalone empirical paper, unified by an overall analysis of the nature of impact that ESG has on firm performance. The first hypothesis explores the evolution of CSR to the modern quantified iteration of ESG has led to the institutionalization and standardization of the CSR concept. The second hypothesis fills gaps in existing literature testing the relationship between firm performance and ESG by finding that the relationship is significantly positive in long-term, strategic metrics (ROA and ROIC) and that there is no correlation in short-term metrics (ROE and ROS). Finally, the third hypothesis states that if a firm has a long-term strategic ESG plan, as proxied by the publication of CSR reports, then it is more resilience to damage from controversies. This is supported by the finding that pro-ESG firms consistently fared better than their counterparts in both financial and ESG performance, even in the event of a controversy. However, firms with consistent reporting are also held to a higher standard than their nonreporting peers, suggesting a higher risk and higher reward dynamic. These findings support the theory of good management, in that long-term strategic planning is both immediately economically beneficial and serves as a means of risk management and social impact mitigation. Overall, this contributes to the literature by fillings gaps in the nature of impact that ESG has on firm performance, particularly from a management perspective

    Subsidiary Entrepreneurial Alertness: Antecedents and Outcomes

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    This thesis brings together concepts from both international business and entrepreneurship to develop a framework of the facilitators of subsidiary innovation and performance. This study proposes that Subsidiary Entrepreneurial Alertness (SEA) facilitates the recognition of opportunities (the origin of subsidiary initiatives). First introduced by Kirzner (1979) in the context of the individual, entrepreneurial alertness (EA) is the ability to notice an opportunity without actively searching. Similarly, to entrepreneurial alertness at the individual level, this study argues that SEA enables the subsidiary to best select opportunities based on resources available. The research further develops our conceptualisation of SEA by drawing on work by Tang et al. (2012) identifying three distinct activities of EA: scanning and search (identifying opportunities unseen by others due to their awareness gaps), association and connection of information, and evaluation and judgement to interpret or anticipate future viability of opportunities. This study then hypothesises that SEA leads to opportunity recognition at the subsidiary level and further hypothesises innovation and performance as outcomes of opportunity recognition. This research brings these arguments together to develop and test a comprehensive theoretical model. The theoretical model is tested through a mail survey of the CEOs/MDs of foreign subsidiaries within the Republic of Ireland (an innovative hub for foreign subsidiaries). This method was selected as the best method to reach the targeted respondent, and due to the depth of knowledge the target respondent holds, the survey can answer the desired question more substantially. The results were examined using partial least squares structural equation modelling (PLS-SEM). The study’s findings confirm two critical aspects of subsidiary context, subsidiary brokerage and subsidiary credibility are positively related to SEA. The study establishes a positive link between SEA and both the generation of innovation and the subsidiary’s performance. This thesis makes three significant contributions to the subsidiary literature as it 1) introduces and develops the concept of SEA, 2) identifies the antecedents of SEA, and 3) demonstrates the impact of SEA on subsidiary opportunity recognition. Implications for subsidiaries, headquarters and policy makers are discussed along with the limitations of the study

    Big Tech and research funding: A bibliometric approach

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    Dissertation presented as the partial requirement for obtaining a Master's degree in Data Science and Advanced Analytics, specialization in Business AnalyticsTechnology companies have radically transformed our daily life in the recent years with help of the wide usage of internet. While transforming our lives, these companies also have grown up even bigger in the recent times and have become more powerful not only financially, but also in terms of computing power and data. Although there have been lots of research done on the influence of large digital economy players (Big Tech) in different fields, the academic influence of these companies is little understood. By drawing on 130,000 academic papers for which there is evidence of support by the Big Tech, the present work applies bibliometric approaches (on the metadata) and text mining techniques (on the contents) to shed a light on the outcomes of this relationship. In particular, we take into consideration research funding (direct strategies) and conference sponsorships (indirect strategies) to empirically explore this relatively unexplored side of Big Tech’s influence in contemporary society. While developing the analysis a key limitation was the scarcity of prior work exploring the connections between digital platforms and the scientific enterprise. There are several results that come to light from such a perspective, one of these findings is that among the research supported by Big Tech companies, there is big gap between the number of outcomes with the content about the technical perspectives (like machine learning or artificial intelligence) than the content about reflexive (say ethical or environmental) dimensions of innovation, ladder being very small. These findings may stimulate further inquiries into identifying the possible risks, if any, are generated from the direct and indirect financial support by corporate informational giants to academia. The causes and consequences of this non-market activity by companies with big market power may require further attention and research in this field

    Some Considerations on the Limits of Valuing Indigenous Knowledge in Development Interventions: The Case of the Garri Pastoralists of Southern Ethiopia

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    This paper focuses on institutional change related to water resources management among the Garri pastoralists inhabiting southern Ethiopia’s lowlands along the Ethio-Kenyan border. I analyze contemporary practices of water management in the light of a participatory model and valorisation of local environmental knowledge, which nowadays constitute a major concern of international development organizations working in these regions. Today a main feature of water usage among these groups is chara..
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