Managerial capital in subsistence small businesses

被引:0
作者
Jardon, Carlos M. [1 ]
Martinez-Cobas, Francisco Xavier [2 ]
机构
[1] Univ Vigo, Dept Appl Econ, ECOBAS, Vigo, Spain
[2] Univ Vigo, Dept Accounting & Financial Econ, ECOBAS, Vigo, Spain
来源
SMALL ENTERPRISE RESEARCH | 2024年 / 31卷 / 02期
关键词
Managerial capital; values and attitudes; small business; human capital; subsistence markets; ENTREPRENEURIAL LEADERSHIP; INNOVATION; PERFORMANCE; FIRMS; INITIATIVES; ENGAGEMENT; PRODUCT; QUALITY; PEOPLE; FAMILY;
D O I
10.1080/13215906.2024.2399508
中图分类号
F [经济];
学科分类号
02 ;
摘要
Managerial capital is important to the performance of small businesses in developing countries. The values and attitudes of members of the organization possibly condition managerial capital. Small businesses in subsistence markets (subsistence small businesses) tend to have limited managerial capital. This paper analyzes the mechanism through which managerial capital affects organizational and financial performance in subsistence small businesses. The results indicate that managerial capital positively affects all the values and attitudes of companies. However, the mediation of values and attitudes is different: an innovative attitude and learning orientation lead to improvement in both organizational and financial performance; members' involvement improves organizational performance but does not affect financial performance; and environmental concern does not affect organizational performance, it worsens financial performance.
引用
收藏
页码:141 / 162
页数:22
相关论文
共 79 条
[31]   RELATIONSHIP-BASED APPROACH TO LEADERSHIP - DEVELOPMENT OF LEADER-MEMBER EXCHANGE (LMX) THEORY OF LEADERSHIP OVER 25 YEARS - APPLYING A MULTILEVEL MULTIDOMAIN PERSPECTIVE [J].
GRAEN, GB ;
UHLBIEN, M .
LEADERSHIP QUARTERLY, 1995, 6 (02) :219-247
[32]   Mediation of learning orientation on market orientation and business performance: evidence from Brazilian Small and Medium Enterprises (SMEs) [J].
Guerra, Rodrigo Marques de Almeida ;
Camargo, Maria Emilia .
BENCHMARKING-AN INTERNATIONAL JOURNAL, 2024, 31 (02) :590-610
[33]   Entrepreneurial leadership: developing and measuring a cross-cultural construct [J].
Gupta, V ;
MacMillan, IC ;
Surie, G .
JOURNAL OF BUSINESS VENTURING, 2004, 19 (02) :241-260
[34]   A new criterion for assessing discriminant validity in variance-based structural equation modeling [J].
Henseler, Jorg ;
Ringle, Christian M. ;
Sarstedt, Marko .
JOURNAL OF THE ACADEMY OF MARKETING SCIENCE, 2015, 43 (01) :115-135
[35]   Factors Influencing Smallholder Rice Farmers' Vulnerability to Climate Change and Variability in the Mekong Delta Region of Vietnam [J].
Ho, Tien D. N. ;
Kuwornu, John K. M. ;
Tsusaka, Takuji W. .
EUROPEAN JOURNAL OF DEVELOPMENT RESEARCH, 2022, 34 (01) :272-302
[36]   Intellectual capital and new product development performance: The mediating role of organizational learning capability [J].
Hsu, Ya-Hui ;
Fang, Wenchang .
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE, 2009, 76 (05) :664-677
[37]  
Hult GTM., 2001, J. Qual. Manage, V6, P173, DOI [https://doi.org/10.1016/S1084-8568(01)00036-0, DOI 10.1016/S1084-8568(01)00036-0]
[38]   Kurt Lewin's change model: A critical review of the role of leadership and employee involvement in organizational change [J].
Hussain, Syed Talib ;
Lei, Shen ;
Akram, Tayyaba ;
Haider, Muhammad Jamal ;
Hussain, Syed Hadi ;
Ali, Muhammad .
JOURNAL OF INNOVATION & KNOWLEDGE, 2018, 3 (03) :123-127
[39]   Innovations and innovation capability in palm kernel processing industry in southwestern Nigeria [J].
Ilori, Ayodeji Bolaji ;
Lawal, Akinloye ;
Simeon-Oke, Olayemi Oladehinde .
International Journal of Innovation Science, 2017, 9 (01) :102-114
[40]   Management cycles [J].
Ishiguro, Shingo .
ECONOMIC THEORY, 2022, 73 (01) :257-300