Abstract in English:

Abstract Purpose This article aims to identify the effect of diversity management on organizational performance in the Brazilian context. It also aims to assess the role of commitment and person-job fit as mediators, as well as empowerment as a moderating variable, in the relationship between diversity management and performance. Theoretical framework We present and discuss the concepts of diversity management, person-job fit, structural empowerment, and commitment and their relationships. Design/methodology/approach This is a quantitative study using structural equation modeling, mediation and moderation between variables. Data were collected through a questionnaire administered between April and November 2022. The sample obtained was 568 individuals. Findings Diversity management positively affects organizational performance, and commitment acts as a mediating variable in this relationship. Empowerment positively moderates the relationship between diversity management and performance. Diversity management was also found to positively impact both commitment and person-job fit. Practical & social implications of research Organizations can benefit from greater performance by increasing both diversity management practices and practices that increase employee commitment and empowerment, since in the presence of higher levels of empowerment, the relationship between diversity management and performance is increased. Originality/value This study provides relevant suggestions about the role played by both diversity management and empowerment, which working together can improve organizational performance, especially in Brazil, where studies of this nature are rare.

Abstract in English:

Abstract Purpose The goal of the research is to determine the perceived efficacy of brand boycotting campaigns by Turkish consumers, as well as the effects of social pressure on boycott intention, the mediating role of social media, and the moderating role of discount sensitivity on these effects. Theoretical framework The research idea and model were developed following previous boycott research (Shin and Yoon, 2018; Muhamad et al., 2018; Asnawi et al., 2019; Zhai and Luo, 2023). Design/methodology/approach Data were collected from Turkish consumers using the convenience sampling method and an online survey. Using data from 417 consumers, the research hypotheses were investigated using structural equation modeling. Findings According to the findings, perceived efficacy and social pressure have a significant effect on consumers' boycott intentions, with social media playing a partial mediating role. Furthermore, consumers' sensitivity to discounts offered by boycotted firms was found to have a moderating effect on the relationship between social pressure and boycott intention. Practical & social implications of research Managers of boycotted brands should devise appropriate marketing strategies to minimize damage. Given the importance of social media in boycotts, it is imperative that brands actively use social media as a communication channel. Originality/value The fact that the paper examines the idea of boycotting in the context of both social media and consumer discount sensitivity demonstrates the importance of the research and its contribution to filling a gap in the literature.

Abstract in English:

Abstract Purpose This study investigates the effect of shareholding control and corporate governance on access to debt financing by Brazilian firms. Theoretical framework From the perspective of agency theory, the presence of controlling shareholders can contribute to a preference for debt financing. On the other hand, strengthening the internal corporate governance system can reduce agency conflicts and facilitate access to the credit market. Design/methodology/approach Using mean difference tests and regression analysis, we analyzed the relationship between the debt financing, shareholding control and corporate governance of 168 firms listed on the B3 in the period 2011-2019. Findings Debt financing is related to shareholding control, being higher in firms with majority control and lower in firms with dispersed control. The quality of corporate governance contributes to access to debt, especially in firms with shared control. However, in firms with dispersed control, the relevance of corporate governance is lower. Practical & social implications of research The evidence reiterates the importance of strengthening the internal governance system of Brazilian firms as a way of improving access to the credit market, considering their ownership structure, especially the type of shareholding control. Originality/value The paper shows that shareholding control, as an attribute of the ownership structure and a determinant of agency conflicts, can influence corporate financing decisions and the relationship between the adoption of corporate governance practices and access to debt financing.

Abstract in English:

Abstract Purpose Startups (SUs) are companies that operate in a scenario of great uncertainty, which makes it difficult to raise funds and survive. This study aims to investigate the main factors that affect the valuation of SUs from the perspective of venture capital investors (VCIs). Theoretical framework The valuation of SUs faces unique challenges such as the lack of historical financial data. As a result, entrepreneurs find it difficult to obtain a favorable valuation from VCIs. Mitigating information asymmetry in the valuation of SUs depends mainly on non-financial information. Design/methodology/approach More than 50,000 financing rounds – between January 1, 2010 and December 31, 2022 – of SUs located in Brazil, China, India, Indonesia and South Africa are analyzed. The hypotheses arising from the research objective are tested using hedonic regression. Findings It is found that the age and stage of development of SUs, as well as the level of investment in research and development and the size of the sector are factors that impact their valuation. Practical & social implications of research These results help SUs, VCIs and the market to identify non-financial determinants that can enable a more appropriate assessment of projects. Governments and regulators can consider this information when defining policies to promote investment. Originality/value This study innovates by presenting non-financial indicators that are considered by startup investors in emerging markets, thus enabling their effective potential up until the IPO phase.

Abstract in English:

Abstract Purpose This study aims to identify the key factors that lead to organizational learning through evaluation processes in social businesses. The research highlights how evaluation practices contribute to learning and the necessary conditions for this learning to occur within social enterprises. Theoretical framework The research is grounded in organizational learning and social business evaluation theories, focusing on how these frameworks apply to social enterprises seeking sustainable impact. Design/methodology/approach A multiple case study methodology was used. The study analyzed 13 organizations, including social businesses, investment funds, and an evaluation organization, through six case studies. Data were collected via interviews and document analysis, focusing on how evaluation practices influence organizational learning. Findings The study reveals that evaluation fosters organizational learning when at least one of the following conditions is met: strong partnerships between investors and the business, full involvement of the team in the evaluation process, continuous interaction with customers, and investor-driven demand for relevant indicators. Practical & social implications of research This study contributes to improving evaluation practices in social businesses, especially in developing countries. The findings suggest that tailored methodologies can enhance the ability of social businesses to learn from evaluations, potentially leading to more sustainable social impact. Originality/value The research offers a unique contribution to understanding how evaluation processes can drive organizational learning in social enterprises. It identifies practical factors that enable this learning, contributing to the advancement of both theory and practice in the field of social business.

Abstract in English:

Abstract Purpose This study aims to analyze the relationship between the adoption of Integrated Reporting and earnings quality in the Brazilian context. Theoretical framework Earnings quality may signal a more sustainable, ethical and transparent behavior of company management. Therefore, it can serve as an indicator of changes in management practices associated with the implementation of Integrated Thinking. Design/methodology/approach The study employed a panel data model, considering a sample of 630 observations from non-financial Brazilian companies from 2017 to 2020. The data for companies adopting Integrated Reporting were manually collected from the companies' corporate disclosures. Findings The analysis of Integrated Reporting quality revealed a significant relationship with earnings quality. This may indicate that these companies are making internal changes in terms of information transparency, and it is also expected that they are under less pressure to deliver short-term results. Practical & social implications of research The research findings are relevant for shareholders, as they highlight how integration can drive internal changes within the company. For regulators and society, it provides an opportunity to anticipate the effects of adopting ISSB standards, as this body has incorporated the IIRC. Originality/value It allows for indirect observation of changes in company management and managerial opportunism. Brazil represents a relevant context due to the publication of CPC 09 and the high number of Integrated Reporting adopters.

Abstract in English:

Abstract Purpose There has been a growing concern about physician turnover in sub-Saharan Africa. In this study, we explore the role of spirituality characteristics (SCs) and perceived organizational spiritual climate (POSC) on turnover intention (TI) among physicians in Nigeria, through the work-home interface (WHI). Theoretical framework To understand the growing concern about physician turnover in the health sector, a multi-theoretical perspective is adopted. Workplace spirituality theory, role expansion and conflict theories interact to determine the extent to which SCs enhances work-home resources (WHRs), mitigates work-home-demands (WHDs) and the intention to quit among physicians. Design/methodology/approach Based on a two-wave questionnaire survey of 291 physicians practicing in Nigeria, an integrated framework was tested using Smart PLS 3.0. Findings While SCs are insignificantly related to TI, they have a positive and significant relationship with WHRs and a negative and significant relationship with WHDs. In addition, WHRs have a negative relationship with TI, while WHDs have a positive relationship with TI. The moderating role of POSC between SCs and WHRs and WHDs was also established. Practical & social implications of research Findings underscore the significant role of SCs and WHI (WHR and WHD) on employees’ job decision in the health sector. POSC is also germane in determining the extent to which SCs increases WHR and decreases WHD in the process of reducing physicians’ intention to quit. Originality/value This paper offers a first-hand assessment of the SCs construct as a formative variable. To the best of our knowledge, it is the first research effort to operationalize the construct and also provide a practical understanding of the negative side of spirituality through the moderating role of POSC.