The increasing specialization in the automotive sector has fostered purchase strategies and logistics as key processes for the sustainability of competitive advantage. The paper describes the main traits of the so called “lean supply chain management”, examines its level of implementation in...

Ethical and instrumental arguments for paying attention to stakeholders’ demands have flourished inside and outside academia, especially since the Great Recession. So far, however, we are still missing the actual level of adoption of stakeholder management practices and, more importantly, the...

There are two competing narratives on the role of business in climate change. One tends to focus on institutional and sectoral changes (particularly, more stringent environmental regulation and further progress in technological frontiers) to drive down carbon emissions because managers will...

The paper explores the consequences that relying on different behavioral assumptions in training managers may have on their future performance. We argue that training with an emphasis on the standard assumptions used in economics (rationality and self-interest) is good for technical posts but...

Economic theory regarding moral hazard at work is somewhat at odds with recent business evidence. Whereas firms in economically and technologically stable environments could apparently follow conventional wisdom when trying to reduce moral hazard through tight supervision and incentive packages,...

The New Institutionalism incorporates several approaches of institutional analysis from several social sciences. Among these approaches, the New Institutional Economics has propelled several advances in contemporaneous institutional analysis. Methodological pluralism has characterized this...

We discuss and examine empirically a firm-level equivalent of the ancient problem of 'tying the King's hands', namely how to avoid managerial intervention that is undertaken to reap private benefits but is harmful to overall value creation, that is, 'managerial opportunism'. The link from...

Purpose The purpose of this paper is to evaluate how temporary labor moderates the relation between two well-known lean initiatives (process flow and process quality) and line productivity. This paper focuses on high-volume, low-variety (HVLV) shop floors, where work experience may not be as...