scholarly journals Employee reactions to crossborder acquisitions: Evidence from an acquired Serbian company

2021 ◽  
Vol 66 (228) ◽  
pp. 43-67
Author(s):  
Sladjana Savovic
Keyword(s):  
Multinational Company ◽  
Retail Sector ◽  
Transformational Leaders ◽  
Central Tendency ◽  
Process Of Change ◽  
Cross Border ◽  
Factors Influencing ◽  
Employee Reactions ◽  
A Company ◽  
Practical Implications

The purpose of this paper is to examine factors influencing employee reactions to changes brought about by crossborder acquisitions. The research was conducted in a company operating in Serbia?s retail sector that was acquired by a Belgian multinational company. The data were collected from 344 respondents. Measures of central tendency, the Mann-Whitney U test, and regression analysis were used to test the research hypotheses. The research results show that employee reactions to changes brought by cross-border acquisition were generally positive. The study show that corporate cultural differences between the acquiring company and the acquired company and the support of transformational leaders resulted in employees reacting positively to the changes. The study attempts to improve understanding of employee reactions during the process of change occurring as a result of cross-border acquisition. Additionally, this study has practical implications, as it points to how the appropriate management of human resources contributes to positive employee reactions.

Beset by the digital revolution successful retailers embrace technology that enhances customer value

2016 ◽  
Vol 44 (6) ◽  
pp. 16-24 ◽  
Author(s):  
Amy Blitz
Keyword(s):  
Best Practices ◽  
Customer Value ◽  
Retail Sector ◽  
Content Type ◽  
Digital Revolution ◽  
Key Indicator ◽  
Economic Transformations ◽  
Full Power ◽  
A Company ◽  
Practical Implications

Purpose The authorseeks to identify what strategies are successful companies using to navigate this ever-evolving retail landscape? And what strategies and best practices can be learned from the retail sector for thriving amid major economic transformations such as the current one? Design/methodology/approach To help explain the divergence in performance across U.S. retailers given the same general macro context, the research focused on four companies – Target, Kohl’s, JC Penney and Sears. Findings Successful retailers focused on using technology to build value for customers first, and as a result shareholder value ensued. Practical implications One key indicator of the connection between a company and its customers is the effectiveness of its social media presence. Originality/value The article presents evidence that in order o leverage the full power of technology, retailers must make strategic investments in technology that enable them to understand who their customers are; determine what their customers most need and offer products and services that address these needs seamlessly in stores and online.

Dave Snowden on KM and big data/analytics: interview with David J. Pauleen

2017 ◽  
Vol 21 (1) ◽  
pp. 12-17 ◽  
Author(s):  
David J. Pauleen
Keyword(s):  
Big Data ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Theory And Practice ◽  
Content Type ◽  
Face To Face ◽  
The Relationship ◽  
A Company ◽  
Practical Implications ◽  
Scientific Officer

Purpose Dave Snowden has been an important voice in knowledge management over the years. As the founder and chief scientific officer of Cognitive Edge, a company focused on the development of the theory and practice of social complexity, he offers informative views on the relationship between big data/analytics and KM. Design/methodology/approach A face-to-face interview was held with Dave Snowden in May 2015 in Auckland, New Zealand. Findings According to Snowden, analytics in the form of algorithms are imperfect and can only to a small extent capture the reasoning and analytical capabilities of people. For this reason, while big data/analytics can be useful, they are limited and must be used in conjunction with human knowledge and reasoning. Practical implications Snowden offers his views on big data/analytics and how they can be used effectively in real world situations in combination with human reasoning and input, for example in fields from resource management to individual health care. Originality/value Snowden is an innovative thinker. He combines knowledge and experience from many fields and offers original views and understanding of big data/analytics, knowledge and management.

scholarly journals Characteristics of Indoor Flood Fatalities: Evidence from Greece

2021 ◽  
Vol 13 (15) ◽  
pp. 8612
Author(s):  
Michalis Diakakis ◽  
Katerina Papagiannaki
Keyword(s):  
Building Material ◽  
Human Life ◽  
Older Individuals ◽  
Statistical Association ◽  
Flood Events ◽  
Building Collapse ◽  
Factors Influencing ◽  
Flooding Events ◽  
Practical Implications ◽  
Significant Statistical Association

Despite the important advances in flood forecasting and protection, floods remain one of the most lethal types of natural hazards. Previous works have explored several factors influencing the risks of flooding to human life and health. However, there is limited research and understanding on indoor flood fatalities and the circumstances under which they occur. This study explores victim-, building-, and situation-related characteristics in order to provide a better understanding of the conditions that lead to flood-related indoor deaths, exploiting a fatality database developed for Greece (1960–2020). The correlation analysis showed that indoor victims, compared with outdoor ones, tend to be older individuals, with high percentages of disabilities. A significant statistical association of the building material, roof type, and distance from the river with the building collapse was also found. The profile of the buildings in which flood fatality occurred was further compared with that of neighboring non-fatal buildings that were inhabited during the flood events. The statistical results indicated that the buildings with a fatality occurrence are mostly single-storey structures, made from masonry as the main building material. The findings have practical implications in risk communication and mitigation in terms of identifying the specific populations, circumstances, settings, and mechanisms that lead to dangerous indoor situations during flooding events.

What demographics matter for organisational culture, commitment and identification?

2020 ◽  
Vol 28 (1) ◽  
pp. 274-290
Author(s):  
Natalia Volkova ◽  
Vera Chiker
Keyword(s):  
Design Methodology ◽  
Organisational Culture ◽  
Employee Perceptions ◽  
International Studies ◽  
Content Type ◽  
Specific Finding ◽  
Public Organisations ◽  
A Company ◽  
Practical Implications ◽  
Demographic Effects

Purpose The purpose of this study to establish what demographic characteristics (gender, generations and organisational tenure) play a role in employee perceptions of organisational culture, commitment and identification in Russian public organisations. Design/methodology/approach The data were collected electronically from 248 employees of two public organisations. Three questionnaires were used. Findings Organisational tenure plays a central role in the way how employees perceive organisational culture; tenure also shapes the levels of both commitment and identification. The specific finding of Russian settings is that the longer employees work for a company, the lower the levels of psychological attachments they demonstrate, while it is not the case for some existing international results. The other findings correspond with those in international studies, in which women were more psychologically attached to the organisation and showed a higher level of identification and lower rates of negative forms of this concept than men did. The older the employees are, the higher the level of identification they express. Practical implications Managers working in Russian settings can struggle with engaging and retaining employees. Understanding the demographic effects can help alleviate these challenges. Originality/value Based on empirical findings, this paper contributes to the literature on organisational socialisation by providing evidence of the damaging effects of the length of organisational tenure on psychological attachment to the company (in the form of commitment and identification). Additionally, tenure is the shaping factor of employee perception of organisational culture.

scholarly journals The Role of Gender and Situational Factors in Wine Consumption of Generation Y

2013 ◽  
Vol 8 (1) ◽  
pp. 53-61 ◽  
Author(s):  
Jasmina Dlačić ◽  
Selma Kadić-Maglajlić
Keyword(s):  
Eastern Europe ◽  
Generation Y ◽  
Situational Factors ◽  
Wine Consumption ◽  
South Eastern ◽  
Factors Influencing ◽  
Research Findings ◽  
South Eastern Europe ◽  
Practical Implications

Abstract The purpose of this study is to analyze the factors influencing wine consumption of Generation Y consumers in the context of two countries from South-Eastern Europe (Bosnia -Herzegovina, and Croatia). Analysis reveals that self-expression, sociability, tradition and food are significant predictors of wine consumption. Multivariate regressions have been applied in order to explain the influences of the abovementioned factors on wine consumption. Research findings show that specific gender and situational differences exist in the wine consumption behaviour of Generation Y. This paper discusses theoretical, empirical and practical implications, and offers ideas for further research

SFC reminding sponsors of the need to adopt an attitude of “professional scepticism”

2017 ◽  
Vol 18 (3) ◽  
pp. 82-84
Author(s):  
Gareth Hughes ◽  
James Comber
Keyword(s):  
Hong Kong ◽  
Design Methodology ◽  
Regulatory Regime ◽  
Group Company ◽  
Content Type ◽  
Professional Skepticism ◽  
Company Limited ◽  
A Company ◽  
Practical Implications ◽  
Do So

Purpose To remind sponsors to adopt an attitude of “professional skepticism” in Hong Kong IPOs. Design/methodology/approach Explains the Securities and Futures Commission (“SFC”)'s sanction on BOCOM International (Asia) Limited (“BIAL”) as a sign of determination to hold sponsors to account as gatekeepers to the Hong Kong capital markets. Findings The SFC has reprimanded and fined BIAL HK$15 million for failing to discharge its duties as a sole sponsor in a listing application for China Huinong Capital Group Company Limited (“China Huinong”), a company established in the PRC. This substantial fine reinforces the need for sponsors to ensure that they fully and properly discharge all of their duties, and that they will be held responsible for any failure to do so, even if the listing is not ultimately approved. Practical implications If sponsors fail to fulfil the requirements required under the sponsors’ regulatory regime, the SFC will be proactive and impose tough sanctions, even if the listing application is eventually withdrawn or returned by the SEHK. Originality/value Practical guidance from experienced regulatory, financial and commercial dispute resolution lawyers.

Are multinational enterprises in retreat?

2018 ◽  
Vol 26 (2) ◽  
pp. 94-110 ◽  
Author(s):  
Jan-Erik Vahlne ◽  
Inge Ivarsson ◽  
Claes G. Alvstam
Keyword(s):  
Multinational Enterprises ◽  
Annual Reports ◽  
External Trade ◽  
Content Type ◽  
Cross Border ◽  
Advanced Economies ◽  
Economic Interaction ◽  
Political Decisions ◽  
Practical Implications ◽  
Insight Into

Purpose This paper aims to contribute to the debate concerning the asserted end of the globalization process. Design/methodology/approach This paper is a description of the evolution of all Swedish MNEs, the 50 largest companies and the ten truly global MNEs, building on data compiled by the authors, mainly from annual reports. Findings The largest Swedish MNEs have continued to globalize and have at the same time improved their financial performance during the period of study, 2010-2016. Practical implications The proposition that multinationals are heading home cannot be confirmed in the Swedish case. There is therefore a need to compare Swedish experiences with other national examples to better generalize the findings. Social implications The political decisions regarding external trade and foreign direct investment should support continuous liberalization and facilitation of cross-border economic interaction. Originality/value As Swedish MNEs are more globalized than the average in advanced economies, this study offers insight into the contemporary internationalization process.

scholarly journals Where Can Tourism-Led Growth and Economy-Driven Tourism Growth Occur?

2018 ◽  
Vol 58 (5) ◽  
pp. 760-773 ◽  
Author(s):  
Vera Shanshan Lin ◽  
Yang Yang ◽  
Gang Li
Keyword(s):  
Growth Patterns ◽  
International Tourism ◽  
Causal Relationships ◽  
Regional Economic ◽  
Empirical Results ◽  
Developed Economies ◽  
The Past ◽  
Factors Influencing ◽  
Probit Models ◽  
Practical Implications

In this study, we investigate the causal relationships between international tourism growth and regional economic expansion in China, and more importantly, disclose the factors determining the occurrence of these relationships. The empirical results reveal that 10 of 29 regions experienced tourism-led growth (TLG) during 1978 to 2013, whereas nine regions experienced economy-driven tourism growth (EDTG). Different from the past literature, this study uses Bayesian probit models to unveil the factors influencing these different growth patterns. Our results suggest that regions with less-developed economies, larger economic sizes, and covering larger geographic areas are more likely to experience TLG, and regions with less-developed economies are more likely to experience EDTG as well. Lastly, practical implications are provided.

scholarly journals HOW DOES CRYSTAL KNOW? FOLK THEORIES AND TRUST IN PREDICTIVE ALGORITHMS THAT ASSESS INDIVIDUAL PERSONALITY AND COMMUNICATION PREFERENCES

2019 ◽  
Vol 2019 ◽  
Author(s):  
Tony Liao
Keyword(s):  
Qualitative Interviews ◽  
Personality Profiles ◽  
Communication Preferences ◽  
Individual Personality ◽  
Predictive Algorithms ◽  
Explicit Consent ◽  
The World ◽  
Folk Theories ◽  
A Company ◽  
Practical Implications

In recent years, there has been a rise in predictive algorithms that focus on individual preferences and psychometric assessments. The idea is that an individual social media presence may give off unconscious cues or indicators of a person's personality. While there has been a growing body of research into people's reactions, perceptions, and folk theories of how algorithms work, there has been a growing need for research into these hyper-personal algorithms and profiles. This study focuses on a company called CrystalKnows, which purports to have the largest database of personality profiles in the world, many of which are generated without an individual's explicit consent. Through qualitative interviews (n=31) with people after being presented with their own profile, this study explores how people perceive the profiles, where they believe the information is coming from, and what contexts they would be comfortable with their profile being used. Crystal profiles also contain predictions about how people will communicate and potentially work together in teams with people of other personality dispositions, which also raises concerns about inaccurate assessments or discrimination based on these profiles. The findings from this study and how people rationalize these algorithms not only builds on our understanding of algorithmic perception and folk theories, but also has important practical implications for the trust in these systems and the continued deployment of hyper-personal predictive algorithms.

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