Purpose For the purpose of applied research, we are interested in deriving and measuring multi-level future resilience, from a human capital perspective. This paper aims to set the theoretical foundations for a future resilience index to be launched in 2020. Design/methodology/approach Based on a review of the literature on individual, organisational and socio-ecological resilience, the researcher has distilled 10 elements of future resilience. These were elaborated into a 20-question index, which has been piloted with an anonymous organisation. Findings The 10 elements of future resilience, which the index will seek to measure include: emergency preparedness; creative adaptability; technological empowerment; dynamic employability; diversity cultivation; participative governance; systemic responsiveness; resource efficiency; purposeful motivation; and well-being orientation. Illustrative findings from the pilot show that organisational support for resilience across all 10 categories is seen as weaker than individuals’ perception of their own level of resilience. Practical implications The areas of strong versus weak performance revealed by the index, either individually or in terms of organisational support, give organisations a clear set of priorities for follow-up. Social implications This paper has demonstrated that future resilience is a highly relevant and useful concept for society, organisations and individuals in these rapidly changing times. Originality/value Through the future resilience index, being developed by Antwerp Management School in collaboration with Randstad, this paper wants to encourage behaviours and capacities amongst employees that will increase resilience at the individual, organisational and socio-ecological levels. This is the first multi-level resilience measurement instrument aimed at human capital measurement.
PurposeThis paper aims to examine the significance and challenges of corporate social responsibility (CSR) initiatives organized by multi-stakeholders and to clarify the function of CSR initiatives: What is the significance of multi-stakeholder initiatives (MSIs)? What conditions are required for CSR initiatives to work satisfactorily? How do CSR standards function effectively in companies?Design/methodology/approachThe significance and challenges of multi-stakeholder CSR initiatives are clarified theoretically, based on previous literature from relevant research fields.FindingsMSIs are beyond the “dichotomy” of two traditional approaches to CSR, namely, voluntary vs mandatory. However MSIs do not automatically ensure good performance. We should discuss not only the legitimacy of MSIs but external monitoring and evaluation systems for responsible companies in the market, as well as organizational efforts to incorporate CSR standards into managerial processes.Social implicationsThis paper shows that an MSI is an important platform for establishing and promoting a CSR standard, and further that market maturity and stakeholder engagement are required to make CSR work.Originality/valueThe study explains that ceremonial compliance with CSR standards may be inevitable even where the legitimacy of an MSI is secured, and that we should recognize that monitoring and sanction systems in the market and an organizational approach to the incorporation of CSR in management practices are required.
Kathryn M. Zuckweiler, Kirsten M. Rosacker, Suzanne K. Hayes
Purpose This paper aims to develop a better understanding of business students' perceptions of the relative importance of corporate governance best practices within the context of major area of study and compare student rankings of corporate governance best practices to those of working professionals. Design/methodology/approach Using a previously published survey, data were collected from business students at two Midwestern US universities and analyzed using factor analysis. Findings This research demonstrated that students rank strategic human resource management as the most important corporate governance practice, matching the perceptions of professionals. Accounting majors report significantly greater understanding of corporate governance, the importance of corporate governance to business and the role of understanding corporate governance in their careers as compared to management majors. Research limitations/implications This study is limited by the inclusion of business students at only two US universities. Further studies should be conducted to better understand the similarities and differences between students and professionals and accounting and management majors in their perceptions of corporate governance best practices. Practical implications Managers can use these findings to enhance the training recent college graduates receive on corporate governance topics. Business schools can use these findings to evaluate ways to embed corporate governance throughout the curriculum. Originality/Value This research highlights gaps in current business school curriculum coverage of corporate governance best practices. It compares and contrasts students' and professionals' perceptions of best practices and offers suggestions for managers and educators.
PurposeThis paper aims to investigate the possible trade-off between accountability and enterprise in the context of comply or explain governance. The issue was addressed through examining the effect of compliance with the corporate governance code (CGC) on corporate entrepreneurship (CE) and organisational performance.Design/methodology/approachBased on cross-sectional survey and content analysis of annual reports, the level of CE and compliance with the CGC were measured in the large and medium-listed companies in the UK during 2010. Partial least squares structural equation modelling (PLS-SEM) was used for data analysis.FindingsThe results suggest no conflict between compliance with the CGC and CE in the UK, which can be attributed to the flexibility of the “comply or explain” approach. This implies that no trade-off between accountability and enterprise in the context of comply or explain governance.Practical implicationsThe study provides evidence in support of the regulatory governance framework in the UK and the comply or explain approach at large. This evidence contributes to the debate on the rules-based or principles-based governance, which may affect future CG regulations. It can also guide the directors to achieve the balance between their conformance and performance roles.Originality/valueThe study bridges the gap between CG and CE disciplines through developing a theoretical model that integrate contingency and agency theories lenses. Adopting a holistic approach provides insights into the relationships between CG and CE, rather than investigating the effect of each of these practices separately on organisational performance.
A. L. M. Zanelatto, E. M. S. Ribeiro, R. d. J. Napolitano
We present triplet and singlet scattering lengths for X–Cs133 collisions (X=Li6,7, Na23, K39,40,41, and Rb85,87). We consider the short-range potential-energy curves based on high-quality ab initio calculations and the long-range potential described by accurate dispersion coefficients available in the literature. Using a Fermi function to smoothly connect the short- and long-range terms we construct the potential for all R and evaluate the scattering length for each mixed species X–Cs. In particular, we predict that the cross section for inelastic processes between Na23 and Cs133 and between K40 and Cs133 will be small as compared with the respective elastic cross sections.