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Economies
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Novel Insights in the Leadership in Business and Economics
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Novel Insights in the Leadership in Business and Economics

A special issue of Economies (ISSN 2227-7099).

Deadline for manuscript submissions: closed (20 July 2022) | Viewed by 16503

Special Issue Editor

Prof. Dr. Wadim Strielkowski

E-Mail Website
Guest Editor
1. Centre for Energy Studies, Prague Business School, Prague, Werichova 1145/29, 152 00 Prague, Czech Republic
2. Cambridge Institute for Advanced Studies, Cambridge, UK
Interests: energy economics; labor economics; tourism economics; international migration
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

Our world is changing quickly, and what was impossible 2–3 years ago has now become a reality. The concept of leadership and leaders has also undergone profound transformations. The recent COVID-19 pandemic caused a digital surge in the ways business or education are perceived or conducted. Hence, there is a need for an update in leadership in business and economics that would bring new insights into this topic and define its place within the context of Sustainable Development Goals.

This Special Issue aims at researching novel insights in leadership in business and economics from various approaches and points of view, including economic theory, management, marketing, as well as behavioural economics, institutional economics, political economy, agricultural economics, international trade, labour economics, or green banking and finance. It aims at attracting both theoretical papers on leadership in business and economics and disseminating interesting and recent leadership case studies from all around of the world.

Moreover, this Special Issue aspires to share valuable insights into what it means to be a leader in business and economics, why leaders are needed, and how to become one. The Special Issue might provide valuable food for thought both for academics working on various angles of leadership, as well as for entrepreneurs and businesspeople who want to receive recent updates on the topic of leadership to use them in their daily work.

Prof. Dr. Wadim Strielkowski
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Economies is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • Leadership
  • Entrepreneurship
  • Digitalisation
  • Business and economics
  • Sustainable Development Goals
  • Digital surge caused by COVID-19
  • Information and communication technologies

Published Papers (6 papers)

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Research

12 pages, 403 KiB  
Article
Corporate Entrepreneurship and Innovation Performance: The Mediating Effect of Employee Engagement through Leader’s Supervision
by Fatma Makhlouf Cherif
Economies 2022, 10(7), 156; https://doi.org/10.3390/economies10070156 - 28 Jun 2022
Cited by 1 | Viewed by 2187
Abstract
The purpose of this paper was to investigate the mediated moderating effect of employee engagement (EE) by leader’s supervision in the effects of corporate entrepreneurship (CE) on innovation performance (IP). The study applied the cross-sectional analysis with our own survey that provided the [...] Read more.
The purpose of this paper was to investigate the mediated moderating effect of employee engagement (EE) by leader’s supervision in the effects of corporate entrepreneurship (CE) on innovation performance (IP). The study applied the cross-sectional analysis with our own survey that provided the data for this design. A total of 248 participants (12 managers, and 236 employees) were recruited for this study. The relationship of CE and IP was mediated by EE. Additionally, leader’s supervision moderated the relationship between CE and IP. Furthermore, leader’s supervision had a mediated moderation effect from CE to the IP, through the EE. The significance of this study lies in its contribution to CE, IP, EE and leader’s supervision literatures. It was revealed that CE behavior was found in the organizational learning processes that strengthen employees’ ability to analyze markets and formulate new products. Full article
(This article belongs to the Special Issue Novel Insights in the Leadership in Business and Economics)
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13 pages, 643 KiB  
Article
Executive Turnover and Founder CEO Experience: Effect on New Ventures’ R&D Investment
by Hyejin Cho, Pyoungsoo Lee and Choong Ho Shin
Economies 2022, 10(5), 97; https://doi.org/10.3390/economies10050097 - 19 Apr 2022
Cited by 4 | Viewed by 2758
Abstract
As the direction and strategies of new ventures depend on the top management team (TMT)’s stability and continuous efforts, we investigate the relationship between executive turnover and research and development (R&D) investment investment. Furthermore, we assess the moderating role of the founder chief [...] Read more.
As the direction and strategies of new ventures depend on the top management team (TMT)’s stability and continuous efforts, we investigate the relationship between executive turnover and research and development (R&D) investment investment. Furthermore, we assess the moderating role of the founder chief executive officer (CEO)’s prior experiences to show that founders’ experiential knowledge mitigates the adverse side effects of executives’ departure. Our empirical analysis utilizes a large pool of firm-level survey datasets comprising 1897 Korean founder-led ventures. The empirical results show that executive turnover reduces R&D intensity, suggesting that new ventures’ longer-term investments may be affected by the instability of the management team. We also show that the negative effects of executive turnover weaken when the founder CEO has a longer prior work experience, prior business group experience, and founding experience. Our findings show that the founder CEO’s entrepreneurship based on valuable prior experiential knowledge mitigates the negative impact of organizational instability. While the TMT factor is essential for a new venture’s survival, our findings show that the manner in which leaders act should also be considered separately. Full article
(This article belongs to the Special Issue Novel Insights in the Leadership in Business and Economics)
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19 pages, 799 KiB  
Article
The Determinants of the Usage of Accounting Information Systems toward Operational Efficiency in Industrial Revolution 4.0: Evidence from an Emerging Economy
by Pham Quoc Thuan, Nguyen Vinh Khuong, Nguyen Duong Cam Anh, Nguyen Thi Xuan Hanh, Vo Huynh Anh Thi, Tieu Ngoc Bao Tram and Chu Gia Han
Economies 2022, 10(4), 83; https://doi.org/10.3390/economies10040083 - 1 Apr 2022
Cited by 20 | Viewed by 8321
Abstract
The purpose of this study is to determine the factors affecting the application of accounting information systems (AIS) in small and medium enterprises (SMEs) in Vietnam. Drawing upon the Technology–Organization–Environment (TOE) theoretical framework, Diffusion of Innovations theory (DOI), and Resource-based theory (RBV), we [...] Read more.
The purpose of this study is to determine the factors affecting the application of accounting information systems (AIS) in small and medium enterprises (SMEs) in Vietnam. Drawing upon the Technology–Organization–Environment (TOE) theoretical framework, Diffusion of Innovations theory (DOI), and Resource-based theory (RBV), we proposed a research model to investigate the antecedents and influence of AIS usage in Vietnamese SMEs. This study used an online survey of individuals who work in Vietnamese SMEs for data collection. The result was assembled by applying the PLS-SEM model to test the proposed hypotheses based on 132 valid responses. First, the factors that have a significant impact on AIS usage are as follows: relative advantage; owner/manager commitment; and impact of COVID-19. Second, the research results also confirm that there is a positive relationship between AIS usage and AIS effectiveness; AIS performance has a positive impact on business performance. Research implications are to help business owners and leaders decide whether to use AIS to strengthen the company’s position and reduce the burden on departments, particularly the accounting department. Full article
(This article belongs to the Special Issue Novel Insights in the Leadership in Business and Economics)
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20 pages, 830 KiB  
Article
Novel Insights in the Leadership in Business and Economics: A Post-Coronavirus Update
by Wadim Strielkowski, Irina Firsova, Svetlana Azarova and Irina Shatskaya
Economies 2022, 10(2), 48; https://doi.org/10.3390/economies10020048 - 15 Feb 2022
Cited by 11 | Viewed by 6192
Abstract
Our world is evolving at an incredibly enormous speed and what was impossible three years ago is now a reality. The concept of leadership and leaders has also undergone profound transformations. Moreover, the recent COVID-19 pandemic caused a digital surge in the ways [...] Read more.
Our world is evolving at an incredibly enormous speed and what was impossible three years ago is now a reality. The concept of leadership and leaders has also undergone profound transformations. Moreover, the recent COVID-19 pandemic caused a digital surge in the ways economic life, business, or education are perceived or conducted. The pandemic proved that small and large businesses, industries, and the whole economies can be suddenly upended by massive technological shifts. Hence, there is a need for a theoretical research update in leadership in business and economics that would bring new insights into this topic and define its place within the context of Sustainable Development Goals (SDGs). Our paper presents the novel insights for the leaders and the leadership concept in business and economics from various approaches and angles of view in the light of the COVID-19 pandemic with a focus on sustainable leadership and organizational resilience. It aims at outlying the theoretical background of leadership in business and economics after the pandemic and bringing up interesting and recent leadership case studies from all around of the world. Moreover, this paper aims as sharing the valuable insights into what it means to be a sustainable leader in business and economics, why leaders are needed, and how to become one. The main criteria of this research and its instrumentation include both the theoretical discussion based on the literature review and analysis and the empirical analysis that supports these theoretical provisions. The paper features an empirical model that assesses how business and economic leaders are searching for new ways of work and personal development during and after the COVID-19 pandemic using the own data from the 400 respondents collected in the Czech Republic and Russia. We found that the pandemic enhanced the emotional creativity of business and economic leaders and made them to invest and engage more into using new digital technologies and fundamentally altering the old ways of managing and governing their respective companies and institutions. Our results might provide valuable food for thought both for academics working on various angles of leadership, as well as for entrepreneurs and businesspeople who want to receive recent updates on the topic of leadership to use them in their daily work. Full article
(This article belongs to the Special Issue Novel Insights in the Leadership in Business and Economics)
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16 pages, 565 KiB  
Article
Institutional Governance of Innovations: Novel Insights of Leadership in Russian Public Procurement
by Sergey Tsygankov, Vadim Syropyatov and Vyacheslav Volchik
Economies 2021, 9(4), 189; https://doi.org/10.3390/economies9040189 - 2 Dec 2021
Cited by 5 | Viewed by 2912
Abstract
In the modern conditions of the post-COVID world, the transformation of the world economy in the framework of the transition to the post-industrial paradigm, and the economy of “knowledge”, the national innovation system (NIS) plays a leading role in the formation of competitive [...] Read more.
In the modern conditions of the post-COVID world, the transformation of the world economy in the framework of the transition to the post-industrial paradigm, and the economy of “knowledge”, the national innovation system (NIS) plays a leading role in the formation of competitive sectors of any given country. Within this setting, the performance of the Russian innovation system significantly lags behind other countries and calls for modernisation based on the modern regulatory tools, policies, and world’s leading trends. The direct import of institutions of foreign innovation systems demonstrates its limited effectiveness due to the incompleteness of institutions and mechanisms for regulating the institutional environment of the Russian economy. One of the generally recognised, leading, and the most “universal” instruments for implementing innovation policy by government institutions is the public procurement of innovation. The analysis of international experience shows that the implementation of the innovation policy via innovative public procurement has a highly heterogeneous landscape even in such a “cohesive” jurisdiction as those represented by the European Union (EU) as far as different types of policy dominate in different countries of the world. There is no clear trend towards the only one mainstream regulatory approach. In this context, the Russian experience demonstrates de facto the absence of any centralised, transparent, and effective policy expressed in such pseudo-innovative procurement as refuelling cartridges or car repairs. This paper identifies the existing institutional failures of the Russian NIS on the example of the regulation of innovative domestic procurement. It proposes ways to modernise the current policy based on the institutional and narrative approaches in order to foster its leading position in the international competition. This article shows the gaps in the literature in institutional governance of innovations and innovation procurement in Russia and points at directions for future research based on narrative economics. Outlining the present knowledge as a foundation for future research in institutional governance of innovations, this article holds implications for both academics and practitioners in the field of the innovation policies and public procurement. Full article
(This article belongs to the Special Issue Novel Insights in the Leadership in Business and Economics)
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12 pages, 581 KiB  
Article
The Role of Manager Compensation and Integrated Reporting in Company Value: Indonesia vs. Singapore
by St. Dwiarso Utomo, Zaky Machmuddah and Dian Indriana Hapsari
Economies 2021, 9(4), 142; https://doi.org/10.3390/economies9040142 - 3 Oct 2021
Cited by 4 | Viewed by 2106
Abstract
The disclosure of integrated reporting elements can reduce information asymmetry for investors when valuing a company. This study aimed to empirically evaluate the effect of manager compensation, directly or indirectly, on firm value, through the mediating role of the disclosure of integrated reporting [...] Read more.
The disclosure of integrated reporting elements can reduce information asymmetry for investors when valuing a company. This study aimed to empirically evaluate the effect of manager compensation, directly or indirectly, on firm value, through the mediating role of the disclosure of integrated reporting elements. The research sample included manufacturing companies listed on the Indonesia Stock Exchange (IDX) and the Singapore Stock Exchange (SGX). The method of analysis was PLS-SEM, using the WarpPLS 7.0 application. The results showed that compensation significantly affects firm value and the disclosure of integrated reporting elements. Integrated reporting has a significant positive impact on firm value. In addition, the disclosure of integrated reporting can mediate the impact of manager compensation on increasing firm value. This research theoretically supports agency theory, disclosure theory, and signal theory, although it is not fully applicable to each country or region of the sample company. The current research contributes to the understanding of the importance of a company’s integrated reporting disclosure in improving company value among investors. Integrated reporting describes how a company creates value over time. Our results also suggest that regulators should oblige public companies to disclose integrated reporting. Full article
(This article belongs to the Special Issue Novel Insights in the Leadership in Business and Economics)
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