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Dictionary of management

Dictionary of management

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03:55
This paper examines how human capital (HC) outflows, triggered by economic sanctions, constitute a profound environmental disruption with long-term consequences for firms. We find that in the face of sustained uncertainty, human resource (HR) managers adopt reactive approaches, leading to the widespread abandonment of professional development initiatives. We argue that this shift risks eroding organizational capabilities and placing firms at a long-term competitive disadvantage. By moving beyond macroeconomic discussions of sanctions and focusing on firm-level human resource management (HRM) responses, this study offers new theoretical insights into how geopolitical shocks reshape HRM practices and disrupt the underlying logic of HC investment in high-skill industries.
LATUKHA Marina - EMLV |
PANIBRATOV Andrei - EMLV |
03:51
This research shows that innovation depends on firms’ ability to leverage external knowledge. It examines how open innovation, crowdsourcing, and external collaborations can be effectively organized. The findings highlight the importance of market orientation and balancing openness with internal control. Practical guidelines are provided for managers to enhance innovation performance.
OBEROI Poonam - Excelia Business School |
02:13
The cost of capital is the average cost of the financial resources used by a company to finance its assets. It is calculated as follows: WACC = (CP x R + D x R x (1-t)) CP: Equity D: Debt CRP: Cost of Equity RD: Cost of Debt t: Tax Rate It represents the minimum rate of return a company must generate to be able to remunerate its capital providers.
CHIKH Sabrina - IPAG Business School |
02:06
Factoring is a financial solution that allows companies to transfer their accounts receivable to a specialized company called a factor. In exchange, the factor advances almost the entire amount of the receivables, thus improving the company's cash flow. Once payment is received, the factor pays the remaining balance, less its fees and commissions. This practice offers companies outsourced receivables management, reducing the risk of non-payment and optimizing working capital requirements.
CHIKH Sabrina - IPAG Business School |
02:21
Behavioral finance differs from classical finance by assuming that financial agents have a cognitive rationality, closer to the reality of observed behaviors, rather than an axiomatic rationality.
CHIKH Sabrina - IPAG Business School |
01:59
Change management in a company involves supporting employees in adopting new ways of working. Good communication and managerial support are essential to reducing resistance to change while highlighting its benefits. When managed effectively, change can strengthen a company's competitive advantage.
BACHA Eliane - SKEMA Business School |
02:14
Human capital encompasses an individual's education, experience, skills, knowledge, and mental health. It is what provides companies with a competitive advantage. To develop it, companies must invest in training, mental health, career development, work-life balance, and employee recognition.
BACHA Eliane - SKEMA Business School |
02:18
Diversity in the workplace involves bringing together employees with varied profiles, fostering creativity, productivity, well-being, and organizational performance. It offers numerous advantages such as the exchange of ideas, access to new markets, and an improved image, but requires careful attention from managers to prevent misunderstandings and conflicts.
BACHA Eliane - SKEMA Business School |
Loneliness is a widespread concern among older adults, profoundly affecting their well-being. Social robots—designed to engage in social interactions and form emotional connections—are increasingly perceived as social actors in human-robot relationships and offer promising potential to alleviate loneliness. This study examines how older adults interact with social robots to address different forms of loneliness and enhance their subjective well-being. Across a pilot correlational study and two experiments, the results reveal two distinct mechanisms through which social robots improve well-being: attachment for individuals experiencing emotional loneliness and social integration for those facing social loneliness. This research contributes to the literature on loneliness, transformative consumer research, and human–robot interaction.
03:33
Loneliness is a widespread concern among older adults, profoundly affecting their well-being. Social robots—designed to engage in social interactions and form emotional connections—are increasingly perceived as social actors in human-robot relationships and offer promising potential to alleviate loneliness. This study examines how older adults interact with social robots to address different forms of loneliness and enhance their subjective well-being. Across a pilot correlational study and two experiments, the results reveal two distinct mechanisms through which social robots improve well-being: attachment for individuals experiencing emotional loneliness and social integration for those facing social loneliness. This research contributes to the literature on loneliness, transformative consumer research, and human–robot interaction.
The existing literature on the legitimacy of daughters in the succession process of family businesses tends to separate the analysis between, on the one hand, the role of successor daughters and, on the other hand, the networks that activate and validate their legitimacy. This separation sustains a dualism in the conceptualization of relationships between successor daughters and the various stakeholders. This study addresses this gap by drawing on Strong Structuration Theory and the analysis of five cases of successor daughters. The results highlight that the social legitimacy of successor daughters in family businesses is the result of a continuous interaction between individual agency and social structures, within a logic of duality. It proposes a conceptualization of legitimacy as a dynamic process of social co-construction. The study reveals the interdependence between personal legitimacy and entrepreneurial legitimacy, which mutually reinforce each other through intertwined structuration cycles. This articulation contributes to the progressive co-construction of social legitimacy, emphasizing its evolving and adaptive nature.
GHAMGUI Nizar - IPAG Business School |
03:54
The existing literature on the legitimacy of daughters in the succession process of family businesses tends to separate the analysis between, on the one hand, the role of successor daughters and, on the other hand, the networks that activate and validate their legitimacy. This separation sustains a dualism in the conceptualization of relationships between successor daughters and the various stakeholders. This study addresses this gap by drawing on Strong Structuration Theory and the analysis of five cases of successor daughters. The results highlight that the social legitimacy of successor daughters in family businesses is the result of a continuous interaction between individual agency and social structures, within a logic of duality. It proposes a conceptualization of legitimacy as a dynamic process of social co-construction. The study reveals the interdependence between personal legitimacy and entrepreneurial legitimacy, which mutually reinforce each other through intertwined structuration cycles. This articulation contributes to the progressive co-construction of social legitimacy, emphasizing its evolving and adaptive nature.
GHAMGUI Nizar - IPAG Business School |