Purpose: SMEs are a vital sector of the Jordanian economy and effective leadership was very large. The aim of this paper is to investigate the relationship between leadership styles,succession, and ...creative behaviour in Jordanian medium and small companies.
Design/methodology/approach: Data has been collected from employees in medium and small companies in Jordan using the stratified random sampling method to distribute the questionnaire to employees in 28 companies, 460 questionnaires have been distributed, the validity and reliability of the questionnaire items were verified through a set of statistical tests on the Smart-PLS program (third version), where the internal consistency between items was calculated through the value of the Cronbach alpha variable
Research, Practical & Social implications: The organization should develop its human resources and preserve them. That is why business organizations started practising employment succession and planning for it to build leadership and competency capable of managing the organization and achieve its goals efficiently and adequately.
Findings: The results reveal that both transformational leadership style and transactional leadership style have an effective role in job succession and creative behaviour.
Originality/value: The results confirm the existence of an important and direct relationship between both leadership styles and creative behaviour and that, indirectly through creative behaviour in general, the relationship between transformational leadership and creative behaviour is stronger than the relationship between transactional leadership and the creative behaviour of employees with the presence of succession as a mediating variable in both models. The research results provide valuable insights for managers to invest in succession and enhance creative behaviour in their organizations.
PurposeCertain small businesses do not possess the assets needed to implement a performance-enhancing entrepreneurial marketing orientation (opportunity-driven behaviours focussed on creating value ...for customers). Although some entrepreneurs cooperate with their competitors (coopetition) to achieve their day-to-day and long-term goals, it is unclear whether these partnerships are advantageous in this capacity. Thus, grounded in the resource-based view, the purpose of this investigation is to examine whether coopetition positively moderates the relationship between an entrepreneurial marketing orientation and financial performance.Design/methodology/approachSurvey responses were obtained from 184 small tourism and hospitality organisations in New Zealand. Following a series of robustness checks, covariance-based structural equation modelling was used to test the elements of the conceptual model.FindingsUnique insights illustrate an entrepreneurial marketing orientation yielding a negative and significant link with financial performance. Nevertheless, this result was potentially related to the entrepreneurial marketing-oriented opportunities that owner-managers pursued within the context of their sector; in particular, situations when employing an individualistic business model constrained certain decision-makers' ability to pursue “growth-oriented” objectives. However, coopetition produced a positive and significant moderating effect, enabling owner-managers to pursue opportunities via collaborative business models facilitating mutually beneficial performance outcomes.Practical implicationsOwner-managers of under-resourced small firms should be careful when implementing entrepreneurial marketing strategies utilising an individualistic business model. For example, they might pursue opportunities that are not viable and/or become over-loaded with market intelligence that they cannot handle. By collaborating with competitors, owner-managers can learn improved ways to operate within their industries, alongside being equipped with new resources and capabilities. In doing so, coopetition can help overcome some of the potential performance-limiting issues owner-managers face by being under-resourced, namely, via employing a collaborative business model.Originality/valueThis current study contributes to the extant literature by evaluating the complexities of entrepreneurial marketing practices. That is, although earlier research has focussed on the performance-driving outcomes of an entrepreneurial marketing orientation, prior studies typically overlook certain moderating factors that could influence this association. By examining the interaction between an entrepreneurial marketing orientation and coopetition on financial performance, new evidence has emerged on how owner-managers of small firms can utilise interfirm collaboration to succeed within their markets, as opposed to struggling to cope with the challenges of an individualistic business model. Specifically, an entrepreneurial marketing orientation is likely to enhance financial performance when under-resourced companies effectively collaborate with their competitors.
Abstract
Previous research has repeatedly suggested that small (vs. large) companies have a higher appeal to consumers, yet the underlying mechanisms explaining why such an effect occurs remain ...understudied. Through four experiments, we show that company size cues affect consumer preferences; products originating from small companies are perceived to be healthier than those from large companies, with a downstream positive effect on willingness to buy. Specifically, small (vs. large) company size cues increase the perception of product safety, in turn increasing the perception of product healthiness. This effect is more pronounced for individuals who are more sensitive to safety signals, scoring high on sensitivity to pathogen disgust. Our findings provide managerially relevant insights and show that additional safety‐related signals have the potential to counteract this seemingly inherent disadvantage for large companies.
This study explores the combined effects of adopting sustainable practices on small tourism companies' performance. The existing literature provides insufficient data on sustainable behaviour because ...most studies on environmental practices focus on larger companies in the tourism sector, and a gap exists in social practices. This study is based on a survey of 374 restaurant managers. It uses structural equation modelling to study direct links between three dimensions - quality, environmental practices and social practices - and financial performance and market success factors. Significant differences with earlier studies are found. This study suggests that proactive sustainable practices can benefit small service companies by improving competitiveness even in difficult times. Practical implications are discussed in relation to sustainable practices.
Abstract This study examines the effect of Dodd Frank's Act of 2010 (Dodd's Act) on the duration of the auditor‐client relationship. One of the provisions of Dodd's Act was to permanently exempt ...nonaccelerated filers from mandatory internal control audits and to maintain the internal control requirement for accelerated filers. The results indicate that average audit firm tenure has increased significantly in the post‐Dodd period, and there is a post‐Dodd increase (decrease) in long and medium (short) tenure. Furthermore, the increase is more pronounced for nonaccelerated filers on average, and varies across big4 and non‐big4 auditors. The inferences are robust to the inclusion of various controls, and to the exclusion of the financial crisis period (2008–2010). Collectively, the findings suggest that Dodd's Act permanent exemption has resulted in lower margins for auditors, and thus motivated audit firms, particularly non‐big4 auditors, to extend their tenure with clients.
The aim of this paper was to research the impact of the pandemic on the food and beverage services sector in the County of Istria. The analysis was performed using the Altman Z- score model in order ...to analyze and test the negative effects the COVID-19 pandemic has had on the companies within the mentioned sector. The result will also indicate the number of companies with a potentially high risk of bankruptcy in the next few years. The research was conducted on a sample of 60 micro and small companies in the period from 2018 - 2020. Descriptive statistics methods were used in the analysis while the hypothesis was tested using the Student t-test. The results of the research indicate a significant deterioration of the c companies business operations due to the impact of the pandemic in 2020. A significant statistical deviation was determined in the analysis, precisely a significant decrease in the values of the indicators in 2020 compared to the previous two years. The research also indicates that there are companies resistant to the negative effects of the pandemic and that resistance can be attributed to a continuously responsible performance of business operations. The results of the research can also be used with certain reliability to predict bankruptcy in the next two years and indicate that more than half of the companies were classified in a high-risk zone of bankruptcy. Finally, the supporting measures introduced by the Government were the key to maintaining the continuity of business operations of the sector helping the reduction of negative effects of the pandemic and the imposed restrictions.
PDF
