Template-Type: ReDIF-Article 1.0 Author-Name: Sergiy Rakhmayil Title: EVIDENCE ON THE EFFECT OF FINANCIAL DISTRESS ON CORPORATE ORGANIZATIONAL STRUCTURE FROM A MANAGERIAL QUALIFICATIONS PERSPECTIVE Abstract: This paper introduces a managerial skills dimension into analysis of corporate financial distress and corporate restructuring. We use an ordered logit model to examine how manager qualifications affect whether a company declares bankruptcy, is liquidated or reorganized, and how different forms of organizational structure emerge after companies experience distress. The current paper uncovers additional evidence that manager qualifications are important during financial distress. However, we determine that managerial skills are not panacea and beyond a certain limit no talent and skills can save a failing firm from bankruptcy Classification-JEL: G33, G34 Keywords: Bankruptcy, Manager Qualifications, Restructuring Journal: International Journal of Management and Marketing Research Pages: 1-17 Volume: 11 Issue: 1 Year: 2018 File-URL: http://www.theibfr2.com/RePEc/ibf/ijmmre/ijmmr-v11n1-2018/IJMMR-V11N1-2018-1.pdf File-Format: Application/pdf Handle: RePEc:ibf:ijmmre:v:11:y:2018:i:1:p:1-17 Template-Type: ReDIF-Article 1.0 Author-Name: Sekhar Amba Title: CORPORATE SUSTAINABILITY: DO EXECUTIVES AND INVESTORS CARE?- AN EMPIRICAL STUDY Abstract: This research examines the association between corporate sustainability reporting ESG score and firm’s financial performance, Executive compensation. Empirical analysis is performed on firms listed on S&P 500 and S&P/TSX firms. Regression method is used to test the impact of ESG score of a year on next years’ ROE and Executive compensation. Empirical evidence suggests that ESG scores of an year has an impact on ROE of the following year during the period of investigation 2011 to 2015, whereas ESG scores showed similar impact on Executive compensation from the year 2013 onwards suggesting executive compensation is tied to corporate sustainability performance Classification-JEL: G3, M2 Keywords: Sustainability, ESG, ROE, Executive Compensation Journal: International Journal of Management and Marketing Research Pages: 19-26 Volume: 11 Issue: 1 Year: 2018 File-URL: http://www.theibfr2.com/RePEc/ibf/ijmmre/ijmmr-v11n1-2018/IJMMR-V11N1-2018-2.pdf File-Format: Application/pdf Handle: RePEc:ibf:ijmmre:v:11:y:2018:i:1:p:19-26 Template-Type: ReDIF-Article 1.0 Author-Name: Shaheen Borna Author-Name: Russell Wahlers Title: IS CONSPICUOUS CONSUMPTION OF BUSINESS LEADERS JUSTIFIED AND MORALLY DEFENSIBLE? Abstract: Over the past couple decades as the accountability of corporate executives has been increasingly scrutinized, the popular business press contains numerous accounts of both corporate and personal spending excesses that have caught the attentions of shareholders, public policy makers, and the public at large. Conspicuous consumptions by corporate managers raises a wide range of issues. This paper attempts to provide some needed balance in understanding managers’ behaviors by drawing some examples from both the historic and more contemporary literature on conspicuous consumption. In this paper, we first demonstrate that conspicuous consumption of corporate leaders can be justified from economic, marketing, and philosophical perspectives. Second, we present a religious perspective in order to provide a contracting view of the morality of conspicuous consumption. Our analysis concludes by offering a perspective rooted in balancing property rights, efficiency, and equity Classification-JEL: M1, M2, M3, M4 Keywords: Conspicuous Consumption, Ethics Journal: International Journal of Management and Marketing Research Pages: 27-40 Volume: 11 Issue: 1 Year: 2018 File-URL: http://www.theibfr2.com/RePEc/ibf/ijmmre/ijmmr-v11n1-2018/IJMMR-V11N1-2018-3.pdf File-Format: Application/pdf Handle: RePEc:ibf:ijmmre:v:11:y:2018:i:1:p:27-40 Template-Type: ReDIF-Article 1.0 Author-Name: Ileana Garcia-Roman Author-Name: Patricia S. Sanchez-Medina Author-Name: Rene Diaz-Pichardo Author-Name: Magdaleno Caballero-Caballero, Title: ENVIRONMENTAL STRATEGY AND COMPETITIVE ADVANTAGE IN MEZCAL BUSINESSES IN OAXACA, MEXICO Abstract: In this article we examine the relationship between environmental strategy and competitive advantage using natural-resource-based theory. We did a transverse-cut quantitative analysis on a sample of 80 small mezcal (distilled alcoholic beverage made from agave angustifolia haw) businesses in Oaxaca, Mexico. We used structural equations modeling for hypothesis testing; our results reveal a direct and positive relationship between environmental strategy and future positioning, and between environmental strategy and business partnerships. This implies that environmental strategies implemented by the palenquero (the owner or manager of a mezcal business) can generate competitive advantages in future positioning and partnerships, which improve business productivity and help preserve the natural environment Classification-JEL: M1, M14 Keywords: Small Businesses, Mezcal, Environmental Strategy, Competitive Advantage Journal: International Journal of Management and Marketing Research Pages: 41-54 Volume: 11 Issue: 1 Year: 2018 File-URL: http://www.theibfr2.com/RePEc/ibf/ijmmre/ijmmr-v11n1-2018/IJMMR-V11N1-2018-4.pdf File-Format: Application/pdf Handle: RePEc:ibf:ijmmre:v:11:y:2018:i:1:p:41-54 Template-Type: ReDIF-Article 1.0 Author-Name: Andrew Manikas Author-Name: Michael Godfrey Title: A SPREADSHEET APPROACH FOR INCORPORATING ACTUAL MOTOR CARRIER FREIGHT RATES AND EXTERNAL ENVIRONMENTAL COSTS IN A NEWSVENDOR MODEL Abstract: The purpose of this paper is to present a model for maximizing a retailer’s total expected profit using actual motor carrier freight rates and estimates of environmental costs associated with the transportation of a seasonal product. It is assumed that a single seasonal product is sold at a fixed price and demand for that product is normally distributed. Prior to the selling season, the retailer must determine how many units of the seasonal product to purchase from the supplier—therefore, the newsvendor model is appropriate for analyzing this problem. It is assumed that the retailer arranges and pays for transportation, i.e., the product is shipped free on board (FOB) Origin, Freight Collect from the supplier. Items unsold at the end of the season can be sold at a reduced price (salvaged). Actual freight rates are incorporated in the model by considering less-than-truckload discounts, fuel surcharges for both less-than-truckload (LTL) and truckload (TL) shipments, and over-declaring of shipments. All-units purchase quantity discounts are assumed also. Due to the nonlinear nature of motor carrier freight rates, this problem does not have a closed-form solution. Therefore, we present an Excel-based model for solving this problem. As demonstrated in the model solution, when environmental costs are considered, the buyer’s optimal purchase quantity decreases Classification-JEL: C61, D21, L11, L81 Keywords: Newsvendor Model, Environmental Costs, Motor Career Freight Rates Journal: International Journal of Management and Marketing Research Pages: 55-72 Volume: 11 Issue: 1 Year: 2018 File-URL: http://www.theibfr2.com/RePEc/ibf/ijmmre/ijmmr-v11n1-2018/IJMMR-V11N1-2018-5.pdf File-Format: Application/pdf Handle: RePEc:ibf:ijmmre:v:11:y:2018:i:1:p:55-72 Template-Type: ReDIF-Article 1.0 Author-Name: Melchor David Elizondo Sandoval Author-Name: Jesus Alberto Montalvo Morales Author-Name: Jose Luis Perez Cardona Author-Name: Jose Andres Munoz Author-Name: Luis Daniel Munoz Title: MODEL DESIGN OF MANAGEMENT COMPETENCES AND ITS IMPLEMENTATION PROCESS FOR SMES: DIAGNOSTIC EVALUATION OF THE RETAIL SECTOR Abstract: The changing and globalizing environment in business has resulted in increasing competition in markets and sectors. These factors drive the search for better strategic management tools that increase business results. SMEs are at the center of these changes with management needs and problems. These SMEs search for human capital with appropriate profiles and competencies that match the management requirements. The existence of this "competitive gap" is a barrier that impacts the survival and growth of SMEs. The present research proposes a model of managerial competencies and its implementation process. This model is easy to understand for SMEs, to increase the development of specific managerial competencies. The impact reduces the mortality rate and increase business as a result. The research methodology was exploratory, descriptive and propositional. The sample size was determined from a stratified probabilistic sampling with a 95% confidence level. The research instrument was applied to 371 partners and managers. The validity and reliability of the instrument was determined by Alfha de Cronbach with a score of 0.86. We propose a model of management competencies and its implementation is established with its own design. The methodology is new, non-theoretical in application, easy to understand, useful to SMEs, easy to use, and promotes the development of specific managerial competencies. The model is selected by the manager or partner. The model seeks to impact the stability and survival of SMEs in the Municipality of Saltillo in the State of Coahuila Classification-JEL: M10 Keywords: Model of Management Competitions, SME Journal: International Journal of Management and Marketing Research Pages: 73-97 Volume: 11 Issue: 1 Year: 2018 File-URL: http://www.theibfr2.com/RePEc/ibf/ijmmre/ijmmr-v11n1-2018/IJMMR-V11N1-2018-6.pdf File-Format: Application/pdf Handle: RePEc:ibf:ijmmre:v:11:y:2018:i:1:p:73-97 Template-Type: ReDIF-Article 1.0 Author-Name: Zineb Rahim Author-Name: Mohamed Lotfi Title: AN INVESTIGATION OF PERFORMANCE MANAGEMENT SYSTEM MATURITY LEVELS AND INFLUENCING FACTORS: EVIDENCE FROM MOROCCAN SMES Abstract: Small and Medium Enterprises (SMEs) constitute a significant part of the Moroccan economy. Nowadays, Moroccan SMEs compete in a globalized, fierce and challenging environment. To face this challenge, it became essential and primordial for SMEs to optimize their business practices. One of the ways to do so is through Performance Measurement. This paper investigates current performance measurement practices and their maturity level in Moroccan SMEs. The paper is directed towards understanding the drivers and barriers of performance measurement practices within the Moroccan SMEs context. Based on a review of the literature, a survey in Moroccan SMEs is conducted to describe the maturity level of Performance Measurement Systems (PMS) in Moroccan SMEs and to explain how some organizational contingency factors influence this maturity level. Results show a significant link between some considered-specific factors and PMS adoption Classification-JEL: M00 Keywords: Moroccan SMEs, Contingency Theory, Maturity Level of Performance Measurement Systems (PMS), Classification Proposed by Paolo Cocca & Marco Alberti, Survey Journal: International Journal of Management and Marketing Research Pages: 99-112 Volume: 11 Issue: 1 Year: 2018 File-URL: http://www.theibfr2.com/RePEc/ibf/ijmmre/ijmmr-v11n1-2018/IJMMR-V11N1-2018-7.pdf File-Format: Application/pdf Handle: RePEc:ibf:ijmmre:v:11:y:2018:i:1:p:99-112 Template-Type: ReDIF-Article 1.0 Author-Name: Ana Isabel Ordonez Parada Author-Name: Carlos Cristian De la Rosa Flores Author-Name: Carmen Romelia Flores Morales Author-Name: Luis Raul Sanchez Acosta Author-Name: Irma Leticia Chavez Marquez Title: EUROPEAN EVIDENCE ON THE DIGITAL ACHIEVEMENT INDEX Abstract: The incorporation of technology in all aspects of our lives has transformed the way of doing things, in form and substance. In recent years, the number of internet users has increased considerably both in Europe and in the rest of the world. It is necessary to acquire perspective to understand the phenomenon of access to digital technologies. This research examines technology use in 28 European Union countries, using a principal components methodology. Eighteen variables were examined, one for each objective that the population between 16 and 74 years old has when using the internet. The results indicate that countries using the most digital technology were Holland, Switzerland, Luxembourg, Finland, Denmark and Estonia. Countries with low utilization were Romania and Bulgaria Classification-JEL: C38, D83, L86 Keywords: Digital Access, Digital Technologies, Main Components, European Union Journal: International Journal of Management and Marketing Research Pages: 113-122 Volume: 11 Issue: 1 Year: 2018 File-URL: http://www.theibfr2.com/RePEc/ibf/ijmmre/ijmmr-v11n1-2018/IJMMR-V11N1-2018-8.pdf File-Format: Application/pdf Handle: RePEc:ibf:ijmmre:v:11:y:2018:i:1:p:113-122