Next Issue
Volume 15, May
Previous Issue
Volume 15, March
 
 

Adm. Sci., Volume 15, Issue 4 (April 2025) – 38 articles

Cover Story (view full-size image): This study examines the relationship between board gender diversity and Environmental, Social, and Governance (ESG) disclosure in developed economies. It addresses contradictory findings in prior research, which may arise from differences in governance structures, methodologies, and time frames. The results demonstrate that firms with at least three female directors show stronger ESG disclosure, while token representation (one or two women) has limited impact. The findings support the “critical mass” theory, highlighting that meaningful representation of women on boards enhances corporate commitment to sustainability and accountability. View this paper
  • Issues are regarded as officially published after their release is announced to the table of contents alert mailing list.
  • You may sign up for e-mail alerts to receive table of contents of newly released issues.
  • PDF is the official format for papers published in both, html and pdf forms. To view the papers in pdf format, click on the "PDF Full-text" link, and use the free Adobe Reader to open them.
Order results
Result details
Section
Select all
Export citation of selected articles as:
17 pages, 1396 KiB  
Article
Scientometric Study of Digital Transformation and Human Resources: Collaborations, Opportunities, and Future Research Directions
by Pablo Reyes-Cornejo, Luis Araya-Castillo, Hugo Moraga-Flores, Joan Boada-Grau and César Olivares-Brito
Adm. Sci. 2025, 15(4), 152; https://doi.org/10.3390/admsci15040152 - 21 Apr 2025
Viewed by 276
Abstract
While the importance of understanding digital transformation from a Human Resources (HR) perspective is widely acknowledged, a comprehensive analysis of the scholarly landscape remains limited. This study examines the scientific production on digital transformation and HR within the Web of Science database, analyzing [...] Read more.
While the importance of understanding digital transformation from a Human Resources (HR) perspective is widely acknowledged, a comprehensive analysis of the scholarly landscape remains limited. This study examines the scientific production on digital transformation and HR within the Web of Science database, analyzing bibliometric indicators of production, visibility, impact, and collaboration. The results reveal that digital transformation is a recent, relevant, and transdisciplinary construct that significantly influences talent management strategies and necessitates new skill sets within HR functions. This impact requires organizations to proactively develop digital skills, facilitating a regulated and controlled transition during the implementation of digital strategies. Specifically, organizations must focus on fostering employee adaptability and promoting work–life balance in this rapidly changing environment. Building on these findings, future research could benefit from employing mixed-methods approaches, combining quantitative bibliometric analysis with qualitative case studies to explore the contextual factors influencing the complex relationship between digital transformation and HR, such as organizational culture and leadership styles. Full article
Show Figures

Figure 1

17 pages, 1077 KiB  
Article
Strategic Leadership in SMEs: The Mediating Roles of Corporate Entrepreneurship and Intrapreneurship in Organizational Performance
by Hyung Rok Woo
Adm. Sci. 2025, 15(4), 151; https://doi.org/10.3390/admsci15040151 - 21 Apr 2025
Viewed by 256
Abstract
This study explored the relationship between strategic leadership and organizational performance, with a particular emphasis on the mediating roles of corporate entrepreneurship and intrapreneurship in small and medium-sized enterprises (SMEs) in South Korea. A cross-sectional survey design was employed that targeted SMEs with [...] Read more.
This study explored the relationship between strategic leadership and organizational performance, with a particular emphasis on the mediating roles of corporate entrepreneurship and intrapreneurship in small and medium-sized enterprises (SMEs) in South Korea. A cross-sectional survey design was employed that targeted SMEs with more than three years of operational experience. Of the 532 questionnaires distributed, 112 valid responses were obtained and analyzed using regression analysis. The findings indicated that strategic leadership positively influenced both corporate entrepreneurship and intrapreneurship, each of which, in turn, contributed to improved organizational performance. This study also empirically differentiated entrepreneurial behavior into corporate entrepreneurship and intrapreneurship and confirmed that the latter significantly influenced the former. By clarifying the conceptual boundaries between intrapreneurship and corporate entrepreneurship and providing empirical evidence of their dynamic interplay, this study offers a novel theoretical contribution to entrepreneurship research in SMEs. The results underscored the importance of strategic leadership in activating both individual- and organization-level entrepreneurship as critical mechanisms for enhancing organizational performance. These insights have practical implications for establishing sound strategic leadership practices that foster innovative and entrepreneurial behaviors, ultimately leading to organizational performance. Full article
(This article belongs to the Section Organizational Behavior)
Show Figures

Figure 1

24 pages, 2717 KiB  
Article
Green Finance and Sustainable Development: Investigating the Role of Greentech Business Ecosystem Through PRISMA-Driven Bibliometric Analysis
by Georgia Zournatzidou
Adm. Sci. 2025, 15(4), 150; https://doi.org/10.3390/admsci15040150 - 19 Apr 2025
Viewed by 349
Abstract
This research aims to examine the relationship between green finance, fintech, and sustainable development. PRISMA and bibliometric analyses were conducted to determine the most important trends related to this subject. A total of 432 scientific documents were analyzed, sourced from the Scopus database. [...] Read more.
This research aims to examine the relationship between green finance, fintech, and sustainable development. PRISMA and bibliometric analyses were conducted to determine the most important trends related to this subject. A total of 432 scientific documents were analyzed, sourced from the Scopus database. The PRISMA approach was used to choose the bibliometric data, including the application of suitable inclusion and exclusion criteria. The bibliometric analysis study framework, produced using the statistical programming language R alongside sophisticated bibliographic tools Biblioshiny and VOSviewer, particularly concentrates on carbon emissions, renewable energy, green technology innovation, and fintech. The study highlights the most significant authors, sources, and emerging research domains in the subject. Furthermore, the findings suggest that the organization’s performance regarding ESG may be enhanced via the interplay between green financing and fintech. The study’s results highlight the significance of green finance in achieving sustainable development and the need for fintech to evolve into greentech to promote ecologically sustainable activities. Full article
Show Figures

Figure 1

23 pages, 339 KiB  
Article
Integrating Artificial Intelligence into Public Administration: Challenges and Vulnerabilities
by Anca Florentina Vatamanu and Mihaela Tofan
Adm. Sci. 2025, 15(4), 149; https://doi.org/10.3390/admsci15040149 - 18 Apr 2025
Viewed by 596
Abstract
This study explores the application of artificial intelligence (AI) in public administration, examining its potential to enhance efficiency, sustainability, and resilience in government actions. The research develops a theoretical framework to assess the relationship among AI integration, governance improvements, and economic benefits, as [...] Read more.
This study explores the application of artificial intelligence (AI) in public administration, examining its potential to enhance efficiency, sustainability, and resilience in government actions. The research develops a theoretical framework to assess the relationship among AI integration, governance improvements, and economic benefits, as measured by key components of the Digital Economy and Society Index (DESI). Utilizing factor analysis and ordinary-least-squares (OLS) regression, this study provides empirical insights into how AI-driven applications contribute to public service delivery and economic growth. The findings highlight that AI has the potential to improve governance significantly. Still, the transition to AI-enhanced public administration is accompanied by challenges such as algorithmic bias, cybersecurity risks, workforce adaptation, and ethical issues. This study emphasizes the need for robust governance structures, comprehensive security measures, and active public involvement to address these challenges. By proposing a clear framework for managing AI integration, this research contributes to the literature on digital transformation in the public sector and offers actionable insights for policymakers and practitioners. Future research should examine AI’s broader applications across diverse public sector contexts, ensuring that governance remains aligned with democratic values, public trust, and long-term sustainability. Full article
33 pages, 799 KiB  
Article
Research Gap in Personal Branding: Understanding and Quantifying Personal Branding by Developing a Standardized Framework for Personal Brand Equity Measurement
by Péter Szántó, Árpád Papp-Váry and László Radácsi
Adm. Sci. 2025, 15(4), 148; https://doi.org/10.3390/admsci15040148 - 18 Apr 2025
Viewed by 502
Abstract
Personal Branding (PB) has gained significant attention in recent years, especially in career advancement and business success. This study addresses the research gap in Personal Brand Equity (PBE) measurement by developing and validating a standardized framework. Using mixed-methods research combining interviews with 10 [...] Read more.
Personal Branding (PB) has gained significant attention in recent years, especially in career advancement and business success. This study addresses the research gap in Personal Brand Equity (PBE) measurement by developing and validating a standardized framework. Using mixed-methods research combining interviews with 10 professionals and surveys of 396 individuals across diverse professional categories, the study identifies and validates three dimensions of PBE: Brand Appeal, Brand Differentiation, and Brand Recognition. Factor analysis revealed six critical attributes influencing PBE (visibility, credibility, differentiation, online presence, professional network, and reputation) and distinguished between external- and self-Personal Brand Equity components. Data were analyzed using exploratory and confirmatory factor analyses (EFA and CFA), with reliability assessed through Cronbach’s alpha (>0.7). Findings demonstrate significant correlations between high PBE scores and positive career outcomes including job satisfaction, salary progression, and advancement opportunities. The resulting Personal Brand Equity Scale (PBES) provides both a measurement tool for professionals seeking to enhance their personal brands and a validated framework for future academic research on personal branding effectiveness. Full article
Show Figures

Figure 1

23 pages, 1002 KiB  
Article
From Presence to Performance: Mapping the Digital Maturity of Romanian Municipalities
by Catalin Vrabie
Adm. Sci. 2025, 15(4), 147; https://doi.org/10.3390/admsci15040147 - 17 Apr 2025
Viewed by 235
Abstract
In recent years, technological advancements have significantly transformed the public sector, with many institutions embracing digital solutions to enhance service delivery. Romanian city halls are actively incorporating digitalization into their sustainable development strategies, aiming to improve service efficiency and accessibility. This study examines [...] Read more.
In recent years, technological advancements have significantly transformed the public sector, with many institutions embracing digital solutions to enhance service delivery. Romanian city halls are actively incorporating digitalization into their sustainable development strategies, aiming to improve service efficiency and accessibility. This study examines the adaptability of Romanian city halls in the face of technological changes. By evaluating the official web portals of all 103 municipalities in Romania using 23 indicators, the research provides a comprehensive analysis of the current state (mid 2024) of e-services delivered via the web portals of the respective municipality. Even though the study findings are indicating a certain degree of maturity in digitalization, with most municipalities offering online services such as property tax payments, public transportation information, and civil status documents, it also reveals significant disparities in the quality and availability of these services across the country, underscoring the need for more standardized digitalization efforts. This research contributes valuable insights for policymakers and public institutions aiming to enhance service delivery through digital means and highlights the crucial role of technology in public sector transformation. The conclusions emphasize the importance of the adaptability of public institutions to ensure continuity and efficiency in service delivery. Full article
Show Figures

Figure 1

17 pages, 1028 KiB  
Article
The Digital Economy’s Contribution to Advancing Sustainable Economic Development
by Elena Cigu
Adm. Sci. 2025, 15(4), 146; https://doi.org/10.3390/admsci15040146 - 17 Apr 2025
Viewed by 330
Abstract
The expansion of the digital economy motivated researchers to precisely identify its effects and impact on all factors that support sustainable development in nations. This study examines the role of the digital economy in promoting sustainable economic development and interplays with renewable energy [...] Read more.
The expansion of the digital economy motivated researchers to precisely identify its effects and impact on all factors that support sustainable development in nations. This study examines the role of the digital economy in promoting sustainable economic development and interplays with renewable energy development in European countries over the period 1996–2020. The first aim is to provide a theoretical approach by reviewing the most relevant studies on the issue. The second aim is to develop a linear regression model for evaluating the effects of the digital economy on sustainable economic development and the interplays with the environment. The fixed-effect estimation technique for panel data models will be chosen to control for heterogeneity. The results confirm the hypothesis of a positive impact of the digital economy on economic development and environmental performance. This paper can be considered a useful viewpoint in understanding the complex relationship of the digital economy’s contribution to advancing sustainable economic development and promoting environmental performance, thus adding to the existing literature. Full article
Show Figures

Figure 1

18 pages, 267 KiB  
Article
Responsible Leadership: Strategic Versus Integrative Practices in Complex System Transformation
by Katja K. Hleb, Tomaž Schara and Philip H. Mirvis
Adm. Sci. 2025, 15(4), 145; https://doi.org/10.3390/admsci15040145 - 17 Apr 2025
Viewed by 262
Abstract
Systems of national importance like national health care systems, even if historically and culturally diverse, are today facing similar problems. One way to address them is through responsible leadership orientations and practices that promote complex problem solving and multiple stakeholder relations. Here, we [...] Read more.
Systems of national importance like national health care systems, even if historically and culturally diverse, are today facing similar problems. One way to address them is through responsible leadership orientations and practices that promote complex problem solving and multiple stakeholder relations. Here, we focus on challenges facing leaders in two historically distinct public health care systems, that of the UK (NHS) and the Republic of Slovenia (JZS), in terms of (a) costs versus care; (b) navigating regulations and bureaucracy; and (c) meeting the needs of staff versus patients. Then, we compare how responsible leadership, expressed in the form of the strategist versus integrator orientation of leader, could help to mitigate these problems. Analysing these two forms of responsible leadership, which successively express more mental maturity and practical acumen, illustrates their relative strengths in reconciling multiple economic and social interests, operational challenges, and public concerns in different national health system contexts. This highlights responsible leadership as a means to inform policy making and practice in public health care systems and opens up a vital discussion on the importance of leadership to ensure the human right to a healthy and fulfilling life. Full article
(This article belongs to the Special Issue Current Challenges in Strategy and Public Policy)
24 pages, 3782 KiB  
Article
Transparency, Governance, and Public Service Management: Challenges of Citizen Participation in Ecatepec de Morelos
by Alan Jesús Torres-Sandoval, María Elena Tavera-Cortés, Marco Aurelio Acevedo-Ortiz and Yolanda Donají Ortiz-Hernández
Adm. Sci. 2025, 15(4), 144; https://doi.org/10.3390/admsci15040144 - 16 Apr 2025
Viewed by 248
Abstract
Innovation in public sector management is essential for improving service delivery and strengthening citizen trust. However, in highly populated municipalities with budgetary constraints, such as Ecatepec de Morelos, administrative opacity and inefficiencies in the provision of essential services pose significant structural challenges. This [...] Read more.
Innovation in public sector management is essential for improving service delivery and strengthening citizen trust. However, in highly populated municipalities with budgetary constraints, such as Ecatepec de Morelos, administrative opacity and inefficiencies in the provision of essential services pose significant structural challenges. This study examines the relationship between citizens’ perceptions of public resource management and the quality of municipal services, with a particular focus on transparency and accountability. Through perception surveys, statistical analysis, and documentary review, the research identifies operational barriers affecting the provision of basic services such as potable water, sanitation, and public lighting. The findings reveal high levels of citizen dissatisfaction and distrust in local institutions, highlighting the urgent need to implement innovative strategies to optimize resource allocation and enhance municipal governance. This study contributes to the ongoing discussion on public sector modernization by emphasizing the need for participatory decision-making mechanisms, strengthened transparency, and the adoption of best practices in municipal management. Full article
(This article belongs to the Special Issue Public Sector Innovation: Strategies and Best Practices)
Show Figures

Figure 1

26 pages, 3294 KiB  
Review
The Intersection of Business Models and SME Performance: A Bibliometric Analysis of Research Trends
by Mpilwenhle Nomvuyo Ndlovu, Elona Nobukhosi Ndlovu and Patrick Ebong Ebewo
Adm. Sci. 2025, 15(4), 143; https://doi.org/10.3390/admsci15040143 - 16 Apr 2025
Viewed by 406
Abstract
This study presents a systematic bibliometric analysis to identify trends and gaps in research on SME business models and SME performance, following PRISMA 2020 guidelines. A comprehensive search of the Scopus database (1957–2025) identified 85,494 initial records. After removing duplicates and applying screening [...] Read more.
This study presents a systematic bibliometric analysis to identify trends and gaps in research on SME business models and SME performance, following PRISMA 2020 guidelines. A comprehensive search of the Scopus database (1957–2025) identified 85,494 initial records. After removing duplicates and applying screening criteria, 307 studies were included, with only 22 specifically focused on SME performance. The PRISMA flow diagram illustrates the study selection process. The findings reveal three key research themes: digitalisation, business model innovation, and sustainability. The study contributes to the literature by providing a structured bibliometric analysis of SME business model research, highlighting geographic disparities, theoretical gaps, and underexplored areas, such as the role of institutional factors in SME performance. This imbalance highlights the need for broader geographical representation in future studies. This study emphasises the importance of further research on adaptive and resilient SME business models, particularly in emerging markets. It also recommends greater collaboration across disciplines to advance theoretical and practical insights in this field. By applying a systematic approach, this study provides a structured overview of the current literature and identifies areas requiring further investigation. Full article
(This article belongs to the Special Issue Entrepreneurship for Economic Growth)
Show Figures

Figure 1

23 pages, 500 KiB  
Article
Exploring the Impact of COVID-19 Recovery Strategies in the Hospitality and Tourism Industry
by Jovana Matijević, Seweryn Zielinski and Young-Joo Ahn
Adm. Sci. 2025, 15(4), 142; https://doi.org/10.3390/admsci15040142 - 16 Apr 2025
Viewed by 357
Abstract
The COVID-19 pandemic presented an unprecedented challenge for the tourism industry, disrupting operations, reducing customer demand, and forcing businesses to adapt quickly to a new reality. This study explored the impact of COVID-19 on the tourism and hospitality industry and addresses a specific [...] Read more.
The COVID-19 pandemic presented an unprecedented challenge for the tourism industry, disrupting operations, reducing customer demand, and forcing businesses to adapt quickly to a new reality. This study explored the impact of COVID-19 on the tourism and hospitality industry and addresses a specific research gap: the limited application of structured theoretical frameworks—particularly the three-R stakeholder collaboration model—in examining recovery strategies. Prior studies have largely focused on individual tactics or short-term impacts, rather than a structured, stakeholder-driven, multi-phase recovery process. Employing a qualitative research design, this study used grounded theory to investigate how tourism service providers and key stakeholders navigated the challenges of the pandemic. Data were collected through semi-structured interviews with 20 participants, including tourism business owners, hotel and event managers, public sector employees, and academics. These insights offer a comprehensive, multi-perspective view of how the industry navigated the pandemic. Grounded theory was used to inductively develop a model of recovery behaviors, with data coded through open, axial, and selective stages using MAXQDA 2020 software. Findings revealed several key strategies—such as cost-cutting, digital transformation, and cultural adaptation—that enabled businesses to maintain operations during the pandemic and recover in its aftermath. Finally, refashioning business models through digital transformation, the diversification of services, and a shift to local markets helped tourism providers adapt to the changing environment and ensure long-term resilience. Full article
Show Figures

Figure 1

26 pages, 866 KiB  
Article
Board Gender Diversity and Environmental, Social, and Governance (ESG) Disclosure in Developed Countries
by Chinonyerem Matilda Omenihu, Madina Abdrakhmanova and Dimitrios N. Koufopoulos
Adm. Sci. 2025, 15(4), 141; https://doi.org/10.3390/admsci15040141 - 12 Apr 2025
Viewed by 657
Abstract
This paper examines the relationship between board gender diversity and Environmental, Social, and Governance (ESG) disclosure in developed economies. Using a sample of forty-five firms across developed countries between 2012 and 2023, the analysis employs Bloomberg’s ESG disclosure score as a proxy. In [...] Read more.
This paper examines the relationship between board gender diversity and Environmental, Social, and Governance (ESG) disclosure in developed economies. Using a sample of forty-five firms across developed countries between 2012 and 2023, the analysis employs Bloomberg’s ESG disclosure score as a proxy. In terms of methodology, both pooled ordinary least squares (OLS) and fixed effects regression models are employed. However, to mitigate potential endogeneity concerns, the study employs an instrumental variable approach and dynamic panel regression techniques to provide robust causal inference. The findings offer two significant insights. In accordance with critical mass theory, firms with a minimum of three female directors demonstrate a significant positive relationship between board gender diversity and ESG disclosure. This indicates that achieving a critical level of female representation is essential for fostering meaningful improvements in ESG disclosure scores. Second, firms with merely one or two female directors, often considered token representation, exhibit a negative significant impact on ESG disclosure. Additionally, within the UK context, board gender diversity is positively associated with ESG disclosure, suggesting that institutional frameworks and regulatory environment shape this relationship. Full article
Show Figures

Figure 1

21 pages, 3559 KiB  
Review
Research Trends in Workforce Planning in the Automotive Sector: A Comprehensive Review
by Mufti Tahir Niyaz, Dejsi Qorri, Krisztián Kovács and Csilla Juhasz
Adm. Sci. 2025, 15(4), 140; https://doi.org/10.3390/admsci15040140 - 10 Apr 2025
Viewed by 635
Abstract
Background/Purpose: As the automotive industry continues to develop due to technological advancements, so too do the challenges connected with globalization of operations and the strategic management of human resources. Therefore, our objective was to map the current research work performed for the period [...] Read more.
Background/Purpose: As the automotive industry continues to develop due to technological advancements, so too do the challenges connected with globalization of operations and the strategic management of human resources. Therefore, our objective was to map the current research work performed for the period of 2014–2024. Moreover, we conducted a comprehensive analysis regarding emerging topics related to strategic human resources, workforce planning and forecasting, employee wellness, and reskilling/upskilling. Study Design/Methodology/Approach: The methodology used for this review was a Systematic Literature Review, following the PRISMA protocol to remove biases in the review. The search keywords were: workforce planning, strategic HR, skills, employee wellness, and upskilling. In total, 180 articles were retrieved from SCOPUS. Findings: We found that the scholarly work over the year has fluctuated, showing an overall increasing trend of scientific production. The principal themes discussed were ‘human, ergonomics, and industrial research’. The research trends were: leadership, knowledge management, innovation, skills, and COVID-19. We concluded that most of the impact on employee satisfaction and upskilling is on an operational level. Originality/Value: Furthermore, our comprehensive review offers theoretical and practical implications in line with the COVID-19 impact and HR strategies. Full article
Show Figures

Figure 1

17 pages, 734 KiB  
Article
Assessing the Impact of Digital Tools on the Recruitment Process Using the Design Thinking Methodology
by Danijela Magdalenić and Ljerka Luić
Adm. Sci. 2025, 15(4), 139; https://doi.org/10.3390/admsci15040139 - 9 Apr 2025
Viewed by 407
Abstract
This study explores the information–communication discourse in modern recruitment by applying the Design Thinking (DT) methodology to enhance employee selection and integration strategies. By incorporating digital tools and empathetic approaches, this study examines innovative practices that improve candidate experience and ensure alignment with [...] Read more.
This study explores the information–communication discourse in modern recruitment by applying the Design Thinking (DT) methodology to enhance employee selection and integration strategies. By incorporating digital tools and empathetic approaches, this study examines innovative practices that improve candidate experience and ensure alignment with organizational culture. This study follows the DT framework, encompassing empathy, problem definition, and ideation, with a research sample including candidates, employees, and HR professionals. Methods such as desk research, interviews, diary methods, and P/C matrix diagonalization, supported by original metrics, assess the effectiveness of these approaches. The findings highlight that digital tools, particularly gamification and online assessments, significantly enhance recruitment quality, increase efficiency, reduce hiring time, and improve cultural alignment. Additionally, this study develops informational constructs of knowledge, skills, and attitudes, offering deeper insights into key factors for successful hiring. By integrating new media and technological solutions, this research contributes to transforming traditional recruitment practices into more candidate-centred processes. Further evaluation through complementary studies is recommended to determine the long-term impact of digital tools on recruitment outcomes and employee selection success. Full article
Show Figures

Figure 1

20 pages, 4000 KiB  
Article
Female Human Capital in the Tourism Sector: A Bibliometric Analysis of the Literature
by Raquel Santiago-Romo, Jakson Renner Rodrigues Soares, María Dolores Sánchez-Fernández and José Ramón-Cardona
Adm. Sci. 2025, 15(4), 138; https://doi.org/10.3390/admsci15040138 - 8 Apr 2025
Viewed by 271
Abstract
This study aims to examine the evolution of the literature related to human capital in the field of tourism, specifically addressing the gender dimension. It represents a novel approach to this field of study and promises to offer new perspectives and contribute to [...] Read more.
This study aims to examine the evolution of the literature related to human capital in the field of tourism, specifically addressing the gender dimension. It represents a novel approach to this field of study and promises to offer new perspectives and contribute to the debate on tourism management with equality of opportunity. To achieve this aim, a quantitative methodology was applied through a bibliometric analysis of 234 articles, published between 2020 and 2024, extracted from Web of Science and Scopus. Among the main results, a high level of collaboration and research on the topic, with a stable and growing trend, was observed. Influential journals include the Journal of Sustainable Tourism, Sustainability, and the International Journal of Contemporary Hospitality Management. Future research is suggested to focus on the impact of the female human capital on tourism management, as well as a qualitative analysis for a better understanding of the topic. Full article
Show Figures

Figure 1

28 pages, 1249 KiB  
Article
How Donor Advised Funds Change Fundraising
by H. Daniel Heist, Genevieve G. Shaker, Rachel M. Sumsion, Jenna Tomlinson and Alyssa Minor
Adm. Sci. 2025, 15(4), 137; https://doi.org/10.3390/admsci15040137 - 8 Apr 2025
Viewed by 439
Abstract
The rapid proliferation of donor advised funds (DAFs) and the rising prominence of their sponsoring organizations are among the most disruptive innovations in philanthropy in recent years. To examine DAFs’ implications for major gift fundraising and nonprofit administration, we interview professional fundraisers from [...] Read more.
The rapid proliferation of donor advised funds (DAFs) and the rising prominence of their sponsoring organizations are among the most disruptive innovations in philanthropy in recent years. To examine DAFs’ implications for major gift fundraising and nonprofit administration, we interview professional fundraisers from across the US (n = 46). We analyze their comments following a six-stage thematic process. We present a modified fundraising model called the “DAF Donor Relationship Management Cycle.” This new model makes a theoretical contribution to nonprofit studies by highlighting challenges and opportunities for fundraisers in working with DAFs. Among other adjustments, the new model includes gift processing as a critical component and specifies two forms of donor identification—reactive and proactive. Six challenges and four opportunities associated with the stages of the cycle are also delineated. This new model documents how DAFs disrupt fundraising methods and systems, clarifies fundraising cycle assumptions and inferences, and offers important practical insights from fundraisers for other fundraisers. Ultimately, integrated organizational-level strategies are needed to guide DAF adaptation and DAF donor engagement and to inform training and coordination of gift processing and frontline fundraising efforts. Full article
Show Figures

Figure 1

31 pages, 429 KiB  
Article
When the Face of the Ad Is Bigger than the Brand: How Zlatan Ibrahimović Redefined Advertising with Athletes
by Árpád Ferenc Papp-Váry
Adm. Sci. 2025, 15(4), 136; https://doi.org/10.3390/admsci15040136 - 7 Apr 2025
Viewed by 680
Abstract
Athletes today are no longer defined solely by their performance on the pitch; they have evolved into powerful personal brands that shape advertising narratives and influence consumer behavior globally. Their charisma, public personas, and ability to engage with audiences often make them as [...] Read more.
Athletes today are no longer defined solely by their performance on the pitch; they have evolved into powerful personal brands that shape advertising narratives and influence consumer behavior globally. Their charisma, public personas, and ability to engage with audiences often make them as marketable as traditional celebrities. This research investigates the phenomenon of athlete branding, focusing on the intersection of personal identity and commercial partnerships. A prime example of this evolution is Zlatan Ibrahimović, whose outspoken, rebellious personality, humor, and confidence have allowed him to transcend the typical boundaries of sports endorsements. Applying the Model of Athlete Brand Image (MABI) framework, this study explores how Ibrahimović’s unique persona dominates advertising campaigns, often taking center stage alongside the brands he represents. Through a content analysis of commercials, the research highlights how Ibrahimović’s personal brand drives engagement and resonates with consumers, offering insights into the growing significance of authenticity and individuality in advertising with athletes. Ibrahimović’s case exemplifies how modern sports figures extend beyond the realm of athletics, becoming influential cultural icons and redefining the dynamics of brand partnerships. Full article
22 pages, 290 KiB  
Article
Millennial Leaders’ Preferences for Leadership Development: A Qualitative Analysis
by Carolyn Easton and Renier Steyn
Adm. Sci. 2025, 15(4), 135; https://doi.org/10.3390/admsci15040135 - 4 Apr 2025
Viewed by 438
Abstract
Currently the largest workforce in the workplace, the millennial generation is perceived as being different to the preceding generations in the workplace, namely, baby boomers and generation X. Millennials are also seen as the leadership pipeline, yet leadership development that meets the needs [...] Read more.
Currently the largest workforce in the workplace, the millennial generation is perceived as being different to the preceding generations in the workplace, namely, baby boomers and generation X. Millennials are also seen as the leadership pipeline, yet leadership development that meets the needs of this generation appears to be absent. The objective of this study was to explore what millennial leaders are looking for concerning leadership development and training. Semi-structured interviews were conducted with 12 millennial leaders employed in one large financial services organisation in South Africa. Content analysis was used to analyse the qualitative data collected, and coded themes were generated. The participants’ responses favoured more specific leadership development, such as structured mentorship programmes, experiential learning or on-the-job training, soft skills training, and digital online training with remote access. These findings, coupled with a close affinity shown for the more modern empowering and transformational leadership styles, closely align with the literature and affirm the need for a specialised and tailor-made leadership development strategy for millennial leaders. Organisations should take heed of what millennial leaders are looking for to become effective leaders in filling the leadership pipeline for the workplace. This research largely affirms international research trends that specify millennials as a unique group and the importance of revising traditional leadership development programmes for this generation as leaders. Full article
(This article belongs to the Section Leadership)
21 pages, 1243 KiB  
Article
Unveiling Dynamic Capabilities in Public Procurement: Myths, Realities, and Strategic Transformation
by Vera Ndrecaj, Issam Tlemsani and Mohamed Ashmel Mohamed Hashim
Adm. Sci. 2025, 15(4), 134; https://doi.org/10.3390/admsci15040134 - 3 Apr 2025
Viewed by 764
Abstract
This study explores the application of the dynamic capabilities (DCs) sensing, seizing, and transforming in strategic public sector procurement (SPSP) and examines whether these capabilities represent a tangible reality or a conceptual myth. Drawing on qualitative data from six Welsh local authorities (WLAs), [...] Read more.
This study explores the application of the dynamic capabilities (DCs) sensing, seizing, and transforming in strategic public sector procurement (SPSP) and examines whether these capabilities represent a tangible reality or a conceptual myth. Drawing on qualitative data from six Welsh local authorities (WLAs), this research investigates the extent to which DCs enable organizations to navigate complex procurement environments and achieve strategic transformation. The findings reveal significant variations in the operationalization of DCs. Larger authorities demonstrated robust sensing and seizing capabilities, leveraging market intelligence, collaborative initiatives, and innovative procurement strategies to align with broader organizational objectives. Conversely, smaller authorities faced institutional barriers, such as resource limitations and leadership turnover, which hindered their ability to implement and sustain DCs effectively. While transformative initiatives, including category management and innovative service models, were evident in some cases, challenges in leadership stability and cultural adaptability limited their widespread application. This study highlights the gap between theoretical frameworks and practical implementation, emphasizing the need for tailored approaches to building DCs in diverse public sector contexts. By mapping procurement DCs and proposing an integrated conceptual framework, this research contributes to the literature on strategic management in public procurement and offers actionable insights for policymakers and practitioners. Future research should explore DCs in broader public sector settings. Full article
(This article belongs to the Section Strategic Management)
Show Figures

Figure 1

39 pages, 494 KiB  
Article
Perspectives and Realities of Disengagement Among Younger Generation Y and Z Workers in Contemporary Work Dynamics
by Margarida Saraiva and Teresa Nogueiro
Adm. Sci. 2025, 15(4), 133; https://doi.org/10.3390/admsci15040133 - 3 Apr 2025
Viewed by 1009
Abstract
The disengagement of younger workers, particularly from Generations Y and Z, is a growing concern in contemporary organizational environments. This study analyzes the factors influencing disengagement and the organizational strategies that can reduce its impact. A literature review was conducted, covering studies published [...] Read more.
The disengagement of younger workers, particularly from Generations Y and Z, is a growing concern in contemporary organizational environments. This study analyzes the factors influencing disengagement and the organizational strategies that can reduce its impact. A literature review was conducted, covering studies published between 2014 and 2024, with the selection of publications based on relevance, indexing, and thematic alignment. The findings indicate that disengagement results from a combination of factors. Firstly, job demand factors were identified, such as the misalignment between well-being policies and employee needs, excessive workloads, the absence of remote work and flexible schedules, challenges associated with digitalization and new technologies, economic insecurity, job instability, and frequent organizational changes. Secondly, job resource factors were also highlighted, including inadequate leadership, ineffective communication, limited professional development opportunities, and poorly structured evaluation and reward systems. These findings align with the Job Demands-Resources (JD-R) Model. In addition, psychological factors were observed, namely, a lack of autonomy, experiences of injustice and inequality in the workplace, misalignment between personal values and organizational culture, and the presence of hostile or toxic environments, which correspond to the theoretical assumptions of the Self-Determination Theory (SDT).To address disengagement, organizations should implement organizational strategies, such as physical and mental well-being programs, encourage regular breaks, promote healthy lifestyle campaigns, provide psychological support, and create ergonomic work environments. Additionally, they should foster professional growth through continuous training, mentoring, and transparent recognition and reward systems. Organizational communication must be open and effective, ensuring transparency and active employee participation. The adoption of remote work policies and flexible schedules, along with investments in technology and collaboration tools, also helps maintain engagement. These strategies promote employee satisfaction, motivation, and organizational commitment among workers, particularly those from Generations Y and Z, so organizations must adapt to the evolving expectations of the workforce to prevent long-term negative effects, such as decreased productivity and higher turnover, compromising their competitiveness and sustainability. Full article
23 pages, 1652 KiB  
Article
Incorporating Supply Chain Strategies into Organizational Excellence: The Moderating Role of Supply Chain Dynamism in an Export Sector of an Emerging Economy
by Yasmeen Baddar, Fathi Alarabi Yosef and Luay Jum’a
Adm. Sci. 2025, 15(4), 132; https://doi.org/10.3390/admsci15040132 - 3 Apr 2025
Viewed by 323
Abstract
Nowadays, the emphasis on sustainable performance highlights the necessity for resilience and innovation in tackling environmental and economic concerns within supply chain operations. Therefore, this study investigates the impact of six supply chain management practices (SCMPs) on organizational performance (OP) and environmental sustainability [...] Read more.
Nowadays, the emphasis on sustainable performance highlights the necessity for resilience and innovation in tackling environmental and economic concerns within supply chain operations. Therefore, this study investigates the impact of six supply chain management practices (SCMPs) on organizational performance (OP) and environmental sustainability performance (ESP), along with the moderating role of supply chain dynamism. This research was conducted within medium and large export manufacturing firms in Jordan’s Garment, Textile, and Leather (GTL) sector, a pivotal export industry critical to the country’s economy. Data were gathered from 204 managers, employing an online self-administered questionnaire, using a quantitative research approach. The hypotheses were examined via structural equation modeling (SEM) through the SmartPLS software4. The findings reveal that ESP was significantly influenced by strategic supplier partnership and postponement. Additionally, the level of information sharing and internal lean practices were found to have a dual impact on both OP and ESP. Supply chain dynamism acted as a significant moderator only in the relationship between postponement and both OP and ESP. This study fills a significant gap in the GTL context in developing economies for export manufacturing firms that contribute to the current literature. What makes it original is its consideration of supply chain dynamism as a moderating variable and its context in an important sector for Jordan’s economy. In conclusion, the results present valuable implications for practitioners on developing custom SCMPs for sustainable and operational performance objectives in the dynamic supply chain context. Future studies should adopt probability sampling methods to improve the generalizability of the findings. Further, the findings should be confirmed by conducting a study on other exporting sectors or geographical areas to gain additional perspectives on the relationships between SCMPs, OP, and ESP. Full article
(This article belongs to the Special Issue Supply Chain Management in Emerging Economies)
Show Figures

Figure 1

18 pages, 286 KiB  
Article
Research Management in Higher Education Institutions from Developing Countries: An Analysis for Bolivia and Paraguay
by Luis Pacheco, Fernando Oliveira Tavares, Makhabbat Ramazanova, Jorge Fuentes Ávila, Helena Albuquerque, Fátima Matos Silva, Jorge Marques, Mario Guillo, Beatriz Barrera Zuleta and Silvia Marín Guzmán
Adm. Sci. 2025, 15(4), 131; https://doi.org/10.3390/admsci15040131 - 2 Apr 2025
Viewed by 260
Abstract
Research outputs in higher education institutions (HEIs) are crucially dependent on the research management process. Departing from a SWOT analysis, the main objective of this paper is to analyze the perceptions of stakeholders (researchers, teachers, and senior research managers) regarding the main strengths [...] Read more.
Research outputs in higher education institutions (HEIs) are crucially dependent on the research management process. Departing from a SWOT analysis, the main objective of this paper is to analyze the perceptions of stakeholders (researchers, teachers, and senior research managers) regarding the main strengths and weaknesses of HEIs, as well as assess the potential opportunities and threats present in the external environment. It analyzed a total of 462 responses from seven HEIs and two ministries participating in the INNOVA project in Bolivia and Paraguay. The results from the statistical analysis indicate that the respondents tend to identify the traditional obstacles and facilitators to research development, namely, the scarcity and instability of public policies, which permeate the institutions, diminishing the consistency of internal research policies and creating difficulties in access to funding and career development opportunities. Building on the substantial progress made in recent years, the unvirtuous cycle may be halted with political stability and committed action between all the concerned parties. Full article
16 pages, 2629 KiB  
Article
Women’s Entrepreneurship in the Tourism Industry: A Bibliometric Study
by Ainhoa del Pino Rodríguez-Vera, Dolores Rando-Cueto and Carlos de las Heras Pedrosa
Adm. Sci. 2025, 15(4), 130; https://doi.org/10.3390/admsci15040130 - 1 Apr 2025
Viewed by 323
Abstract
Women’s entrepreneurship in the tourism industry plays a vital role in promoting economic growth, advancing gender equality, and encouraging innovation. Female entrepreneurs contribute to the diversification of tourism services, job generation, and the revitalization of local economies. This study employs data from the [...] Read more.
Women’s entrepreneurship in the tourism industry plays a vital role in promoting economic growth, advancing gender equality, and encouraging innovation. Female entrepreneurs contribute to the diversification of tourism services, job generation, and the revitalization of local economies. This study employs data from the Web of Science database to examine research on tourism and female entrepreneurship over the past two decades. The primary goals are to explore emerging trends, publishing patterns, and the geographical regions most active in this area of research, as well as to identify the key journals, authors, and keywords shaping the field. The bibliometric analysis uncovers the progression of academic studies and highlights regions with significant research activity. While female entrepreneurship is a driving force for economic development and gender equity in tourism, persistent obstacles, such as limited research in certain areas and barriers to women’s participation, remain. This work underscores the increasing significance of women’s contributions to tourism and offers a framework for future studies and policies aimed at fostering gender equality and sustainable economic development. Full article
Show Figures

Figure 1

22 pages, 2920 KiB  
Systematic Review
Digital Leadership: A Systematic Literature Review
by José Carlos López-Figueroa, Sergio Ochoa-Jiménez, María Olivia Palafox-Soto and Dalia Sujey Hernandez Munoz
Adm. Sci. 2025, 15(4), 129; https://doi.org/10.3390/admsci15040129 - 1 Apr 2025
Viewed by 1480
Abstract
The COVID-19 pandemic and digital disruption have transformed the world and organizations on an unprecedented scale, presenting leaders with unique challenges and creating an opportunity to study digital leadership. This area of research is expanding significantly, though it remains in a developmental and [...] Read more.
The COVID-19 pandemic and digital disruption have transformed the world and organizations on an unprecedented scale, presenting leaders with unique challenges and creating an opportunity to study digital leadership. This area of research is expanding significantly, though it remains in a developmental and maturing phase. To date, theoretical studies are predominant, including systematic reviews, literature reviews, and bibliometric studies. This study conducts a systematic literature review and science mapping of 74 documents published between 2000 and 2022 in the Web of Science database, using VOSviewer software to analyze the field’s evolution. Findings reveal that research on digital leadership has grown, with digital transformation, digitalization, COVID-19, information and communication technologies, virtual teams, and creativity emerging as core themes in this domain. This study concludes that the effective implementation of digital leadership requires not only technological skills but also human-centered competencies; its application has predominantly expanded in the education sector, with limited use in construction. Full article
(This article belongs to the Section Leadership)
Show Figures

Figure 1

44 pages, 2673 KiB  
Article
Understanding How Business Transformation Processes Are Driven: A Business Agility Model
by Alonso Alvarez and Borja Bordel
Adm. Sci. 2025, 15(4), 128; https://doi.org/10.3390/admsci15040128 - 31 Mar 2025
Viewed by 351
Abstract
Agile transformation processes are of critical importance in the contemporary business environment, as companies invest a significant amount of resources, time, and attention into achieve a state of business agility. These processes are complex, and companies lack reference roadmaps, guides, and even a [...] Read more.
Agile transformation processes are of critical importance in the contemporary business environment, as companies invest a significant amount of resources, time, and attention into achieve a state of business agility. These processes are complex, and companies lack reference roadmaps, guides, and even a common language to successfully achieve their goals. To assist organizations in these transformations, several business agility models have been proposed to help understanding where the transformation effort must be applied and where its effects will be manifested. However, there are numerous such transformations, which may be partial, and which reflect the author’s beliefs and preferences, rather than necessarily aligning with the needs of organizations. Therefore, more comprehensive and general models are required. This paper addresses this challenge. Through a rigorous search and review process of the existing literature, 15 models were identified and used as a basis. After a process of analysis and refinement based on the completeness of business agility, the frequency with which their dimensions are mentioned in the models were analyzed, and the simplicity in the result was searched for, we propose a model based on nine dimensions. Each dimension describes where to focus the transformation process, plan the necessary actions, understand the results, and compare the process with other similar processes. The proposed model is comprehensive and highlights the dimensions most frequently mentioned in various cases and in the state of the art. It applies to the concept of completeness in business agility, covering the entire organization, instead of partial and biased views. This approach has been validated through a survey of participants in an ongoing study about agile transformations to increase the adaptability and sustainability of organizations. Our proposal has some known limitations, such as the criteria used in its elaboration, its granularity, and the equivalence of its dimensions with other models. As for its use, it is a tool, not a roadmap or a detailed transformation plan, and it has not yet been empirically validated. Full article
(This article belongs to the Special Issue Innovation Management of Organizations in the Digital Age)
Show Figures

Figure 1

24 pages, 914 KiB  
Article
The Psychological Ownership and Task Performance Relationship: The Mediating Role of Intrapreneurial Behavior
by Ghufran A. Dahlawi, Nada Saleh Badawi and Mohammad Asif Salam
Adm. Sci. 2025, 15(4), 127; https://doi.org/10.3390/admsci15040127 - 30 Mar 2025
Viewed by 278
Abstract
Employee task performance plays a critical role in driving organizational success, and understanding its interaction with employee psychological status is essential for unlocking a workforce’s full potential. Psychological ownership has been shown to significantly influence performance outcomes, making it crucial to explore how [...] Read more.
Employee task performance plays a critical role in driving organizational success, and understanding its interaction with employee psychological status is essential for unlocking a workforce’s full potential. Psychological ownership has been shown to significantly influence performance outcomes, making it crucial to explore how these dynamics shape individual effectiveness. This study attempts to gain a deeper understanding of how employees’ sense of ownership influences their intrapreneurial behavior and contributes to enhanced task performance outcomes within organizational settings. A sample of full-time employees based in the United States provided 523 responses on an online questionnaire. The hypotheses were tested using SmartPLS. The findings support that intrapreneurial behavior exhibits full mediation of task performance’s relationship with psychological ownership. The outcomes indicate that when employees feel a sense of personal responsibility and attachment to their work, it significantly fosters their innovative actions and enhances their performance, thereby contributing to organizational success. This study contributes to the existing literature by arguing that employees who feel attached to the organization take more responsibility, improve performance, and proactively establish creative innovations to foster organizational success. Study limitations and recommendations are discussed. Full article
(This article belongs to the Section Organizational Behavior)
Show Figures

Figure 1

27 pages, 1681 KiB  
Article
Public Sector Transformation in Emerging Economies: Factors Affecting Change Adoption in Pakistan
by Muhammad Kamran Nawaz, Ahmed Eltweri, Khalid Abbas, Wa’el Al-Karaki, Farag Edghiem, Scott Foster and Munir Adali
Adm. Sci. 2025, 15(4), 126; https://doi.org/10.3390/admsci15040126 - 29 Mar 2025
Viewed by 442
Abstract
Organizational change remains a significant challenge in developing countries, often hindered by entrenched bureaucratic cultures and resistance to reform. This study investigates the key determinants of change acceptance among public sector employees in Pakistan, focusing on the Khyber Pakhtunkhwa (KPK) region. Using a [...] Read more.
Organizational change remains a significant challenge in developing countries, often hindered by entrenched bureaucratic cultures and resistance to reform. This study investigates the key determinants of change acceptance among public sector employees in Pakistan, focusing on the Khyber Pakhtunkhwa (KPK) region. Using a survey of 320 public sector workers, this research examines employee attitudes toward organizational change through a multi-conceptual framework that incorporates technical, organizational, and environmental factors. Ten influencing factors were analyzed using Structural Equation Modeling (SEM) in AMOS. The findings reveal a strong positive relationship between nine factors—change management, IT infrastructure, reward systems, technical competency, top management support, legal frameworks, organizational culture, and HRM practices—and employees’ willingness to accept change. This study presents a robust explanatory model with high predictive power for change acceptance. It provides valuable insights into reform dynamics in developing nations and offers practical strategies to guide successful public sector change management initiatives. Full article
Show Figures

Figure 1

19 pages, 1037 KiB  
Article
Effects of Organizational Culture and Pay Levels on Employee Retention: Focused on Generational Difference
by Myeongju Lee, Kyetaik Oh and Hyunok Kim
Adm. Sci. 2025, 15(4), 125; https://doi.org/10.3390/admsci15040125 - 28 Mar 2025
Viewed by 428
Abstract
Research on generational differences in the workplace is important as it leads to more effective recruitment, retention, and employee wellbeing in terms of human resource management. This study investigates whether there are differences in perceptions of turnover intention, pay level, and organizational culture [...] Read more.
Research on generational differences in the workplace is important as it leads to more effective recruitment, retention, and employee wellbeing in terms of human resource management. This study investigates whether there are differences in perceptions of turnover intention, pay level, and organizational culture between different generational groups. First, this study identifies the relationship between pay level and turnover intention. Second, it confirms the moderating effect of organizational culture on the relationship between pay level and turnover intention. Finally, a three-way interaction analysis was conducted to determine whether these relationships differed between Baby Boomers, Gen Xers, and Millennials. As a result of the empirical analysis, the millennial generation showed higher turnover intention than other generations. It was confirmed that the effect of hierarchical culture was greater than that of pay level on the decrease in turnover intention in the millennial generation than in other generations. In other words, it was found that as the hierarchical culture weakened, the turnover intention of Millennials decreased more significantly than that of other generations. Based on these findings, we propose recommendations for understanding Millennials in the workplace and managing generational diversity. Full article
(This article belongs to the Section Organizational Behavior)
Show Figures

Figure 1

19 pages, 666 KiB  
Article
The Impact of Digital Content Marketing on Brand Defence: The Mediating Role of Behavioural Engagement and Brand Attachment
by Sakher Faisal Ahmad AlFraihat, Ahmad Mahmoud Ali, Gassan Hodaifa and Mahmoud Alghizzawi
Adm. Sci. 2025, 15(4), 124; https://doi.org/10.3390/admsci15040124 - 27 Mar 2025
Viewed by 498
Abstract
Marketers are increasingly interested in digital content marketing (DCM) strategies that have the potential to enhance consumer behaviour. However, there is a dearth of academic research that delves into the impact of DCM on brand defence. This study aims to investigate the impact [...] Read more.
Marketers are increasingly interested in digital content marketing (DCM) strategies that have the potential to enhance consumer behaviour. However, there is a dearth of academic research that delves into the impact of DCM on brand defence. This study aims to investigate the impact of DCM on brand defence through behavioural engagement and brand attachment (in a Jordanian fashion industry case study). The results demonstrate a notable benefit of the direct effect of DCM on behavioural engagement, brand attachment, and brand defence. DCM is the strongest determinant of brand defence, followed by behavioural engagement and brand attachment. Behavioural engagement exerts a substantial beneficial impact on brand attachment. The results of this research indicate that both behavioural engagement and brand attachment significantly influence brand defence. The mediation results indicate that brand attachment fails to mediate the positive impact of DCM on brand defence. Moreover, the study determines that behavioural engagement mediates the positive impact of DCM on brand defence. This study is of high importance for marketing strategies, emphasising the pivotal importance of DCM in developing effective marketing approaches. Full article
(This article belongs to the Section Organizational Behavior)
Show Figures

Figure 1

16 pages, 767 KiB  
Article
The Predicting Abilities of Social Trust and Good Governance on Economic Crisis Duration
by Jessica Nguyen, Tue Dinh and Marcus Selart
Adm. Sci. 2025, 15(4), 123; https://doi.org/10.3390/admsci15040123 - 26 Mar 2025
Viewed by 323
Abstract
In all successful economic societies, trust is a unity factor. By contrast, the absence of trust leads to poor economic performance and negative social implications. In this paper, we uncover the relationships among social trust, corruption, and the duration of economic crises. Our [...] Read more.
In all successful economic societies, trust is a unity factor. By contrast, the absence of trust leads to poor economic performance and negative social implications. In this paper, we uncover the relationships among social trust, corruption, and the duration of economic crises. Our theoretical foundation is based on a collection of studies from different academic fields, especially political science, sociology, and economics. We test two hypotheses: Hypothesis 1: Social trust has a negative correlation with the duration time of an economic crisis. Hypothesis 2: Corruption has a positive correlation with the duration time of an economic crisis. Our study is based on two methods: descriptive and econometric analysis. As a first step, we perform a descriptive analysis on a dataset including social trust, corruption, and economic crisis as variables. As a second step, we apply econometric techniques to analyse our data. For the hypotheses, we introduce a multiple regression with control variables. Our dataset includes 11,364 observations distributed across 211 countries. The quantitative findings support Hypothesis 1 suggesting that, as the duration of economic crises increases, social trust declines. Similarly, when the duration of the economic crisis decreases, social trust increases. Hypothesis 2 was rejected. Connecting our theoretical stance with the empirical evidence, we propose several possible explanations for the findings and provide both theoretical and practical implications. Full article
(This article belongs to the Special Issue Current Challenges in Strategy and Public Policy)
Show Figures

Figure 1

Previous Issue
Next Issue
Back to TopTop