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Topic Review
Empirical Assessment of Institutional Convergence in CEECs
Although there is no universally accepted definition of governance, and a conceptual framework for governance statistics is still lacking, for the purpose of this article, i.e., to investigate the convergence of CEE countries as a potential result of the transfer of Western formal institutions to those countries, the latest edition of the Worldwide Governance Indicators (WGI) dataset was used. Based on a long-standing research programme by the World Bank, the Worldwide Governance Indicators (WGI) capture six key dimensions of governance (Voice and Accountability, Political Stability and Lack of Violence, Government Effectiveness, Regulatory Quality, Rule of Law, and Control of Corruption) in the period between 1996 and 2019. Thus, in the following lines, we first analyse the institutional quality in CEECs based on the VoC approach, after which we empirically test the σ- and unconditional β-convergence in selected groups of countries.
  • 643
  • 31 Dec 2021
Topic Review
Neuromarketing and Its Challenges and Limitations
Neuromarketing is a hybrid field involving three main fields: neuroscience, psychology, and marketing. Neuromarketing uses neuroscience technology (e.g., electroencephalography (EEG)) to study, explore, and understand consumers’ unconscious behavior in response to marketing and advertising research. Neuromarketing refers to the academic use of neuroscience to study and better understand the neural and physiological responses of the customer, such as decision making, emotions, attention, and memory, in response to marketing stimuli including television advertisements.
  • 643
  • 15 Jan 2024
Topic Review
Africa’s Agricultural Total Factor Productivity for Food Security
Population growth, food shortages, and low levels of human development have been longstanding issues confronting many African countries. Agricultural productivity remains a critical goal for mitigating these challenges and ensuring overall economic development. Total factor productivity (TFP) is a crucial metric for determining a sector’s overall growth. However, due to a lack of comprehensive assessments of the trends and determinants of TFP growth in African agriculture, there are disagreements. Within the context of inclusive human development, the impact of agricultural productivity is frequently misrepresented in the current literature. 
  • 640
  • 01 Jul 2022
Topic Review
Digitalization for Reducation of Poverty
The Sustainable Development Goals can be divided into five pillars: people, planet, prosperity, partnership and peace. One of the first stipulated goals of the UN agenda is the eradication of poverty and famine.  An increase in digital development will lead to a reduction in the poverty headcount rate. by encouraging digital development and through adopting new technologies, the government can lead to the eradication of poverty. This seems counterintuitive due to the fact that investment in shelter and primary goods can be seen as one of the primary ways of developing the economy. Better and more consistent results regarding the reduction of poverty can be obtained by increasing the digital development of a country.
  • 639
  • 10 May 2023
Topic Review
Idiosyncratic Viral Losses
The viral spread of operational losses through global markets by interconnected multinational banks can be compared to viruses spread through interconnected countries and the significant losses incurred; this can be referred to as idiosyncratic viral loss theory. This idiosyncratic viral loss theory discusses systemic operational losses that are evident in human error, fraud, and legal expenses that are aligned to systemic operational risk. The occurrences of significant losses that are idiosyncratic in nature and that are linked to failed internal processes, people, systems, and external events. This study employs the Compliance and Ethics Group’s (OCEG’s) standard that integrates governance, risk management, internal control, assurance, and compliance (GRC capability model) into one functional goal to improve quality and principled performance through measurable tools that may enhance effectiveness and efficiency practices. Four important considerations were identified that could bolster effective risk management practices: (a) a comprehensive enterprise-wide risk; (b) controlling fraud; (c) going beyond the minimum risk assessment requirements set forth by the banking regulators; (d) independent risk identification and management. These considerations towards effective risk management practices may help reduce systemic operational losses viral spread in banks. 
  • 639
  • 24 Feb 2021
Topic Review
Innovation Management Systems
Standardized innovation management systems (SIMS) are homogeneous management systems which accelerate the conversion of an organization’s innovation strategy into effective actions. Thus, SIMSs ensure that innovation means not mere shiny novel inventions, but rather an organization’s ability to recognize and pursue new areas of opportunity while reacting to fluctuating conditions in its environment. In 2006, the Spanish Association for Standardization and Certification (AENOR) issued the Spanish UNE 166002: 2006, the first innovation management standard, as sets of principles intended to aid organizations in navigating the multifaceted process of innovation, schematizing their activities and improving management efficiency.
  • 638
  • 27 Jul 2021
Topic Review
Experienced Workplace Incivility and Instigated Workplace Incivility
Multiple forms of workplace incivility exist in organizations, including experienced workplace incivility and instigated workplace incivility. Workplace uncivil behaviors can have financial repercussions for the organization due to customer loss, bad reputation, low levels of creativity from employees, and high employee turnover intention. Employees being victims of experienced workplace incivility (EWI) may feel stress due to an unhealthy work environment and may ultimately respond with instigated workplace incivility (IWI).
  • 637
  • 19 Dec 2022
Topic Review
Analysis of Customer Satisfaction in Tourism Services
Understanding customer needs is of great significance to enhance service quality and competitive advantage. However, for the tourism industry, it is still unclear how to mine service improvement strategies from tourist-generated online reviews.
  • 636
  • 20 Jul 2023
Topic Review
Non-Financial Information Disclosure under European Directive 95/2014/EU
The European Union Directive 2014/95/EU (henceforward, the Directive) brought a new framework for the corporate reporting of companies located in EU Member States, imposing on them non-financial information (NFI) disclosure requirements, from the year 2017. Companies that had high-quality voluntary reporting practices, such as the presentation of a sustainability report, the use of GRI Standards and the certification of non-financial information (NFI), maintained these practices after the Directive. After two years of implementation, there were still companies that did not mention the framework used or did not disclose information on sensitive matters such as human rights or anti-corruption and bribery. The evidence found supports the existence of a ‘routine’ effect that has influenced the reporting practices adopted. The results obtained have implications for policymakers helping them to identify aspects of the Directive’s requirements that need to be improved. 
  • 635
  • 27 May 2022
Topic Review
Effect of COVID-19 on International Trade
The impact of the COVID-19 pandemic has been detrimental to all countries, despite the continuous efforts of governments on all continents to attempt to mitigate its damaging effects. All economic and social indicators have worsened. COVID-19 impact was evident in all countries, but not with the same strength.
  • 632
  • 18 Mar 2022
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