IE University

About: IE University is a education organization based out in Segovia, Castilla y León, Spain. It is known for research contribution in the topics: Corporate governance & Context (language use). The organization has 527 authors who have published 1709 publications receiving 64682 citations.

Strategic Use of CSR as a Signal for Good Management

Abstract: More than thirty years of research exploring the link between corporate social responsibility (CSR) and corporate financial performance (CFP) could not provide a satisfying resolution to the tension exists between economic and social objectives. In this paper, we have contributed to the existing CSR literature both theoretically and empirically. On the theoretical side, we challenged the assumption that managers consider all stakeholders equally important and we contend that managers prioritize stakeholders instead. We also extend agency theory by suggesting that CSR may actually reduce monitoring costs since it has informative value about the quality of management. On the empirical side, we proposed a stakeholder-weighted CSR which will alleviate the "stakeholder misalignment" problem which is articulated to be one of the reasons why there are inconclusive results about the relationship between CSR and CFP.

An empirical identification and categorisation of training best practices for ERP implementation projects

Abstract: Although training is one of the most cited critical success factors in Enterprise Resource Planning (ERP) systems implementations, few empirical studies have attempted to examine the characteristics of management of the training process within ERP implementation projects. Based on the data gathered from a sample of 158 respondents across four stakeholder groups involved in ERP implementation projects, and using a mixed method design, we have assembled a derived set of training best practices. Results suggest that the categorised list of ERP training best practices can be used to better understand training activities in ERP implementation projects. Furthermore, the results reveal that the company size and location have an impact on the relevance of training best practices. This empirical study also highlights the need to investigate the role of informal workplace trainers in ERP training activities.

Toward an input-based perspective on categorization: : Investor reactions to chemical accidents

Abstract: We build on the literature on categorization to develop and test a model of input-level spillover effects. Our model predicts that, when one firm suffers an accident with a particular input, investors will punish other users of that input by discounting their stocks, and that the magnitude of this negative spillover can be predicted by the nonresponsible firm’s level of input usage. We also hypothesize that the magnitude of the punishment will be moderated by intermediaries’ assessments of the input: Ex ante regulatory sanctions on the input will amplify negative spillovers, while the presence of input-level associations will weaken these effects. Finally, we predict that similarity between the responsible and nonresponsible firm in terms of two peripheral attributes— input portfolio and geographic location—will amplify the negative effect of input usage. We find strong support for our predictions in an event study that examines the stock market valuations of 270 nonresponsible manufacturing firms triggered by 78 industrial accidents involving a toxic chemical. We highlight our study’s theoretical and empirical contributions to the categorization and spillover literatures

Measuring Job Security Over Time: In Search of a Historical Indicator for EPL (Employment Protection Legislation)

Abstract: All studies that have explored the impact that job-security legislation has had on labor-market performance have been handicapped by the lack of a good quantitative indicator covering a long enough historical period to reflect the drastic changes that have occurred in this area since World War II. This study has developed such an indicator in hopes of making a key tool available for labor-market research. The paper describes the reason that job security is important for labor market performance, and outlines the steps taken to develop this time-series indicator, which should help to deliver a more definitive verdict on how job-security laws have affected labor market performance in the developed countries since World War II.