Now showing 1 - 10 of 12
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The Future of Companies in the Face of a New Reality : Impact and Development in Latin America

2021 , Dávila-Aragón, Griselda , Rivas Aceves, Salvador

This book analyzes the changes brought on to economic and business activities in Latin America due to the new scenarios, environments and social dynamics the world is facing as a result of the COVID-19 pandemic, at both micro- and macroeconomic levels. Recent changes to working environments has brought discussions on work-life balance to the forefront, and creating support mechanisms to attract and retain the next generation of workers has become a primary focus for talent managers. At an industry level, there are expectations that once the crisis passes, there will be massive capital inflows toward ESG investments in emerging markets driving the transformation of companies. Consequently, ESG business models will have a cascading effect in the whole supply chain (upstream, midstream and downstream) and will generate greater value for all stakeholders. At the same time, technologies of the fourth industrial revolution, such as Blockchain and Artificial Intelligence, have gradually been adopted by companies leading the charge in ESG business models. The financial sector has taken the lead in these two technologies, but the challenge generated by the COVID-19 pandemic forced other sectors to innovate rapidly in order to remain afloat. Using empirical and theoretical frameworks, the contributors in this book identify the most attractive alternatives to benefit consumers in an adverse environment like the one the world is facing as a result of the COVID-19 pandemic, which while posing a significant challenge for most industries, has also created new opportunities for innovation and ingenuity, analyzing case studies from the coffee and medical tourism sectors in particular. © Springer Nature

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Measuring familiness in private family firms : a bayesian network model

2018 , Dávila-Aragón, Griselda , Ramírez Pérez, Héctor Xavier , Rivas Aceves, Salvador

The objective of this analysis was to identify the causality among variables that originate the highest level of familiness in private family firms. The Bayesian Networks (BN) theory was applied to measure the effectiveness of resources and capabilities provided by the family members within a family business to understand causal relations among variables by using probabilistic reasoning throughout a graphic. Re­sults showed that if salary of family members was higher than salary of employees in the same position, if family members shared information among themselves, and if family firms presented family-employee bonds, there was an 83%, 70%, and 79% of probability of having a high level familiness, respectively. The limitation of the study is that any modification in the BN might show different outcomes. These findings expand the knowledge on family business discipline and suggest a path for family business’ leaders to increase familiness. If family firms want to strengthen their competitive advantage, the main variables they should focus, among all the resources and capabilities that represent familiness, are salaries of family members, sharing information, and family-employee bonds.

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Innovation and internationalization : Grupo Lorsa : A family firm that found innovation from within

2018 , Ramírez Pérez, Héctor Xavier , Jimenez-Castillo, Luis , Rivas Aceves, Salvador

In 2015, Mexico and Brazil had been the countries with the highest growth rates, reaching a gross domestic product (GDP) of USD$1.21 and US$2.3 trillion respectively, versus other countries such as Argentina, Chile, and Peru. During the first forty years, the main business in Lorsa consisted of selling equipment for laundries and dry-cleaners. The first attempt of the company started in 1953 in Guadalajara by its founder Luis Ousset, an entrepreneur who had worked as an employee and independent advisor in the dry-cleaning sector in Guadalajara and Mexico City for eleven years before starting his own business. He got married in 1951, and had seven children. The children were involved in the company since a young age. Even though all four sons were working in the company, it seemed that the first successor was going to be Luis Jr. He was in charge of key accounts for Lorsa and was the most important sales agent. © 2019 Taylor & Francis.

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The K-shape Economic Recovery and a New Company Classification

2022 , Rivas Aceves, Salvador , Maawad Morales, Mauricio

One of the main consequences the pandemic has brought is the economic recession since economic activities have been affected and, as a final result, companies have gone bankrupt and unemployment has increased. Specific negative impacts occur according to the economic activity type a company carries out, mainly due to face-to-face interaction intensity with economic agents. Companies that were able to innovate their production and distribution processes not only endured the pandemic but also grew. Companies that were not able to innovate stopped growing or, even worse, shrunk or went bankrupt. The research objective is to show that both economic recession and recovery alike are creating a broader two-sector classification based on the physical interaction intensity among economic activities. In order to do so, the link between economic recovery and business bankruptcy is performed by considering the economy sectors for European and North American regions; in particular, 14 European countries, Canada, the United States and Mexico were the studied economies. Findings show that face-to-face interaction is a main factor for some economic activities to decline; hence, business bankruptcy is related to that interaction so the K-shape economic recovery is created. Consequently, the pandemic has brought a new classification for companies. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.

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Survival Likelihood of Micro and Small Businesses Facing a Catastrophe

2021 , Dávila-Aragón, Griselda , Rivas Aceves, Salvador , Ramírez Pérez, Héctor Xavier

This chapter proposes a measurement methodology throughout a Bayesian Network to quantify the survival probability of micro and small enterprises (MSEs) facing a catastrophic event, and to assess if a Business Continuity Plan (BCP) is a unique alternative to prevent companies from bankruptcy. Empirical evidence for a developing country shows the majority of companies are MSEs and without enough knowledge about a BCP; therefore, the likelihood of businesses’ survival will depend on BCP and several other elements that should be taken into account for owners when making decisions towards negative effects of catastrophic events. Results showed that for MSEs businesses with high face-to-face customer interaction, a BCP might be useful as well as the experience in crisis of the management team, but not as the only variable.

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Financial prudential behavior and economic growth

2020 , Rivas Aceves, Salvador , Dávila-Aragón, Griselda

The 2008 global financial crisis showed not only that there is a link between real economy and financial markets, but also that financial stability is necessary for investment, innovation and of course economic growth. Regarding the link between real and financial sectors, several studies long before the 2008 financial crisis revealed positive impacts from financial sector on real economy, basically because a solid financial system promote physic and human capital accumulation, see Banerjee and Newman (1993) Galor and Zeira (1993), Aghion and Bolton (1997), Piketty (1997), Levine (1997), Levine and Zervos (1998), Rajan and Zingales (1998). When considering well-developed financial markets as economic growth promoters the researches of Levine (2005), Aghion et al. (2005) and Acemoglu et al. (2006) proved that financial develop indeed accelerates economic growth.

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Government financial regulation and growth

2017 , Rivas Aceves, Salvador , Amato, Chiara

The effects of financial system on economic growth rate are identified. To do this in an endogenous stochastic growth model with two types of financial systems, efficient and inefficient ones, the effects on growth are studied. This investigation shows that financial inefficiency has a negative impact on growth. A financial regulation through a capital yield tax corrects negative impacts on growth; furthermore, the necessary conditions for growing under this scenario are characterized. An empirical study is carried out in order to verify the relationship between economic growth and financial regulations. © 2017 Universidad Nacional Autónoma de México, Facultad de Economía.

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Sustainable Gardening for Economic Inclusion, Poverty Reduction, and Culture Preservation

2022 , Rivas Aceves, Salvador , Schmidt, Sarah

Sustainable gardening activities can be the basis to reduce poverty while preserving culture. By generating economic inclusion, gardening can provide the entry point into society for vulnerable communities. Community stakeholders in Mexico City and Northeast Ohio were studied to analyze whether sustainable gardening can generate economic inclusion while preserving culture. Through in-depth interviews, the relationship between these three components is analyzed. In particular, topics such as gardening experience, family traditions, institutional support, economic barriers, use of technology, cropping methods, and social integration were explored. From conception to implementation and analysis, the goal of agency building reinforced social sustainability. In addition to interpretive qualitative interviews, experiential research was conducted through a “working-with” model where the communities in reference contributed intellectual resources to the project-based research design. Primary results fall into three primary categories including gardening methods, cultural preservation, and economic factors. In each analyzed case, implications of cultural preservation emerge as a foundational motivation to maintain the particular agricultural practice. Despite significant economic barriers, including high poverty rates, the cases in reference nonetheless maintain traditions, thus highlighting the importance of culture. Negative economic implications suggest an absence of institutional support, which contribute to issues of poverty and low quality of life. Social implications indicate a level of marginalization that contributes to the aforementioned economic and institutional barriers. © 2022 by the authors.

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Critical Social Participatory Action Research for Conscientization: Pedagogies and Findings from Xochimilco

2024 , Schmidt, Sarah , Rivas Aceves, Salvador

The Small Scale Food Production for Cultural Preservation and Economic Inclusion project is a critical social participatory action research project that utilizes critical pedagogies to facilitate spaces of learning and research where power differentials are both recognized and dismantled. The process of consciousness raising those results is an example of applied conscientization. The key pedagogical strategies explained in this article include co-constructed knowledge, critical praxis, a relational design rooted in dialogue and ongoing project partnership. Copyright © 2024 by The Kerala State Higher Education Council

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Teoría económica: un panorama contemporáneo

2014 , Rivas Aceves, Salvador , Castillo Ramírez, Claudia Estrella , SALVADOR RIVAS ACEVES;168147

En este magistral trabajo editorial de los académicos Salvador Rivas, Claudia E. Castillo y Francisco Venegas plasman su gran conocimiento y dominio de los temas actuales inherentes a la Teoría Económica y sus repercusiones en el ámbito de la vida diaria, gracias a estas aptitudes fue posible conjugar de manera tan armoniosa los trabajos de los distinguidos investigadores: Ignacio Perrotini, Germán de la Reza, Jorge Ludlow, Josefina León, Francisco López, Cesar Gurrola, Francisco Venegas, Leonardo Gatica, Harvey Sánchez, Pablo Pérez, Raúl Montalvo, Clemente Hernández, Miguel Gil, José Navarro, América Zamora, Christian Bucio, Edgar Ortiz, Alejandra Cabello, Leticia Armenta, Rocío Durán, Arturo Lorenzo, José Carlos Trejo, Miguel Martínez, Raúl de Jesús Gutiérrez, Manuel da Rocha, Guillermo Sierra, Antonio Ruíz, Ambrosio Ortiz y Yazmín Soriano y del mismo Francisco Vengas.