The paper argues that networked firms are likely to have an advantage in securing external finance in countries with weak legal and judicial institutions since it helps financial institutions to minimize the underlying agency costs of lending. An analysis of recent BEEPS data from fifteen...

This study introduces and applies the Fitrah Tendencies framework to make up for the dearth of studies on academics' urges to play a part in industry. To this end, 62 academics were selected and interviewed based on Lam's (2011) typology as to come up with their main motives for engaging in...

We focus on firms' risk-taking for customers and investigate how this type of risk-taking is influenced by "performance relative to aspiration" (PRA). Specifically, we examine the PRA and project-financing (PF) loan activities of all 79 savings banks in South Korea from 2013 to 2021. Contrary to...

Robotics and automation are of the most prominent technologies that will probably define how retail operates in the future. This statement is especially relevant in today's industry conditions characterized by rising wages, severe increases in energy costs and smaller consumer spending across...

We identify a puzzling management practice gap in China. In the South, a one standard deviation increase in firms' management competency is associated with a 7.5 percent improvement in sales productivity and a 29.2 increase in profitability. But such associations are muted for firms located in...

In the EU, most large firms use e-business applications, such as enterprise resource planning and online procurement. Based on e-business watch data for EU-4 (Germany, France, Italy and the United Kingdom) we find that the actual use of enterprise resource planning and online procurement is...

Kaizen is the Japanese concept of management based on a philosophy of eternal change, which is to keep a continuous improvement process going. This article shows, that the Kaizen philosophy provides an appropriate strategic basis for establishing a continuous innovation process in medium-sized...

The well-known qualitative methods for carrying out demand forecasts can also be applied well to medium-sized companies. In particular, it is shown that the expert survey and the sales estimate are very easy to use methods to generate demand forecasts or to ensure quality. Customer surveys also...

Organizational resilience, understood as an ability to survive in harsh market conditions, captures increased research consideration in recent years. The same applies to family businesses that attracted significant attention lately. Although the interest in the topic grows, there are still...

Research background: Contemporary companies are faced with opportunities as well as dangers resulting from relationships with their environment. It is therefore important to define stakeholders and manage relations with them by implement-ing organizational principles and practices that take into...