EconBiz
State of Play in the Implementation of the Principles of Inclusive Leadership in Fintech Companies in LithuaniaItem type:Publication, research article[2024][S4][S003][14] ;Budreikaitė, Justina; Merits., 2024, p. 400-413The multifaceted challenges posed by globalization, medical advancements, conflicts and crises necessitate a critical examination of social and organizational inclusion. Despite the acknowledged advantages of inclusive leadership (IL), there remains a significant research gap concerning the perceptions of IL among diverse employee groups, particularly within heterogeneous organizations. This study aims to bridge this gap by exploring the perceptions of IL across various sociodemographic groups within fintech companies in Lithuania. By concentrating on this rapidly evolving sector, this research enhances the understanding of IL by assessing how sociodemographic variables influence perceptions of inclusive leadership practices. A total of 236 responses were analyzed using the Mann–Whitney U and Kruskal–Wallis tests, supplemented by the Bonferroni correction to ensure statistical robustness. The findings elucidate the dynamics of IL within the fast-paced fintech environment, revealing unique challenges and opportunities to foster organizational inclusivity. The implications of this research provide actionable insights for industry leaders striving to implement IL strategies that empower minority groups and enhance overall organizational performance. Although the results indicate that fintech organizations have made strides in embedding IL principles, these advancements are not uniformly experienced across diverse employee demographics. Specifically, this study identifies significant disparities in IL perceptions between employees of other genders and those with health-related impairments. Acknowledging certain limitations, particularly the small sample sizes of some examined employee subgroups, this study advocates for further research to yield generalizable findings that can inform and improve inclusive organizational practices.
10 - research article[2023][S4][T007][11]
;Katina, Joana ;Plėta, Tomas; Insights into regional development., 2023, p. 86-96Acceleration of scientific and technical progress, speeding up of technological changes, IT process globalisation and integration of OT processes invoked new challenges in preparing cyber strategies. Issues with adapting strategy for a particular specificity, region and specific cyber-attacks are not applicable. Therefore, a natural need arises to adjust the process for future cyber-attacks. It should be noted that the vast majority of organisations still need to possess a strategy that has been developed in correlation with future cyber-attacks. A part of organisations, irrespective of the lack of methodology and necessary infrastructure at the initial stage, commenced applying strategic management methods as a more dynamic environment demanded adequate changes in the cyber security within the organisation itself. The organisation started to plan such changes because, at the initial stage of the strategic management theory development, the strategy was understood as a plan drawn up to achieve the set objectives, regardless of the future need. Implementing such strategic procedures is grounded on something other than scientific calculations and is often associated with excessive use of funds. Therefore, the main goal of this article is to determine how much the r-Interdiction Median Problem with Fortification (RIMF) module can be used as a model for deciding methods for protecting critical infrastructure systems.
13 Impact of the rule of law, corruption and terrorism on tourism: Empirical evidence from Mediterranean countriesItem type:Publication, research article[2023][S1][S004][27] ;Bayar, Yilmaz ;Gavriletea, Marius DanOeconomia copernicana, 2023, vol. 12, no. 1, p. 1009-1035Research background: Tourism sector is considered as a driving force of economic develop-ment and understanding factors that deter the flow of tourists and hinder its development, which is essential for all actors involved in this industry. Oeconomia Copernicana,14(3), 1009–10351010 Purpose of the article: The purpose of the article is to investigate the impact of rule of law, corruption, and terrorism on tourism in 14 coastal states of the Mediterranean Sea based on the United Nations classification. Methods: The short and long-run relationships among the rule of law, corruption, terrorism and tourism are respectively analyzed through Dumitrescu and Hurlin causality test and LM bootstrap cointegration test taking notice of the presence of heterogeneity and cross-sectional dependence. Findings & value added: The causality analysis reveals that control of corruption has a signif-icant influence on tourism only in the short run. The cointegration analysis uncovers that terrorism negatively affects the tourism in Albania, Algeria, Egypt, and Tunisia, but im-provements in corruption also positively affect the tourism in Albania, Algeria, Bosnia and Herzegovina, Greece and Italy. Last, the rule of law has a positive impact on tourism in Egypt, Greece, and Israel. In this context, the rule of law can also be a key factor for tourism devel-opment via combat with corruption and terrorism. Based on some unique characteristics, the Mediterranean region has consolidated its position as the world's leading tourist destination, but to maintain this competitive position, it is crucial to recognize and adopt strategies that respond to all key challenges faced by this sector
19Scopus© Citations 7 - research article[2022][S4][S003][14]
;Tvaronavičienė, Manuela ;Plėta, Tomas ;Beretas, Christos P.Insights into regional development. Vilnius : Entrepreneurship and Sustainability Center, 2022, vol. 4, iss. 1., p. 26-39Critical infrastructures are complex operating environments that often require special protection and security. A successful security strategy design should adhere to the principles of durability, integrity, and regularity. In the European Union, there is a strong interest in the security of critical infrastructures, especially those with interdependence. Given the fact that critical infrastructures play an essential role in a country’s economy, it makes them even more vulnerable. The main aim of this article is to analyze the critical infrastructures’ cyber security policy. The creation of a security strategy requires identification of the needs for equipment, mode of operation, and required security level. It has to establish rules for precise operation and handling of situations. The article tackles the issues of security strategy for critical infrastructures to protect sensitive areas and sectors. In addition, a cybersecurity policy as a countermeasure is discussed.
1 38 "White collars" on self-reported well-being, health and work performance when teleworking from homeItem type:Publication, research article[2022][S1b][S003][14]; ; ;Masilionytė, GretaRaišys, Simonas JuozapasProblems and perspectives in management. Sumy : Business perspectives, 2022, vol. 20, iss. 2., p. 497-510In the wake of the pandemic, telework became relevant to more employees than before. Researchers suggest both positive and negative impact of telework on employees. The study examines office workers' self-reports on the impact of teleworking on their subjective well-being, health, and productivity. Data (N = 475) were collected from teleworkers in Lithuania during the COVID-19 pandemic. Findings indicate that teleworking during the pandemic had a negative impact on the well-being (in work-life balance aspect) and health (mostly in terms of mental exhaustion) of office workers, while work performance suffered relatively less. Also, this study revealed three original observations. First, well-being evaluations of teleworkers were found to be most correlated with close relationships and age. Second, teleworkers who live with their parents have the most positive evaluations of teleworking in all three areas: well-being, health, and productivity. And third, the overlap between family and work when working from home increases the likelihood that women and young workers will be less concerned about healthy living habits. This study contributes to a better understanding of the factors teleworkers face when working at home and can help companies improve their hybrid working strategies.
38 6Scopus© Citations 10 Invisible Constitution as an instrument of consolidation of nation and defence of democracyItem type:Publication, research article[2022][S4][S001][17] ;Barabash, Yuri; Insights into regional development. Vilnius : Entrepreneurship and Sustainability Center, 2022, vol. 4, no. 3., p. 110-126The paper's premise is that the invisible Constitution serves as an instrument to protect democracy and consolidate the nation. The discussion turns around the fundamental aspects of democracy and sovereignty to reveal the subject. The question which is particularly considered is how the Parliament and the Constitutional Court participate in the expression of the principles of democracy in the contemporary world. The paper concludes that the Parliament, through the formal legislative procedures, becomes less capable of achieving a social compromise. As a result, the same representative feature of democracy becomes more unpopular in society and continues to be a prevailing object of criticism among scholarly community. In contrast, the Constitutional Court's role in protecting democracy through the systematic interpretation of a constitution undergoes a profound change in the democratic world. Constitutional Court, through the understanding of both visible and invisible meaning of the Constitution turns it into an expression of the sovereign will of the permanent nation.
27 Determinants of logistics’ performance: a new approach towards analysis of economic corridors and institutional quality impactItem type:Publication, research article[2022][S4][S004][23]; Insights into regional development. Vilnius : Entrepreneurship and Sustainability Center, 2022, vol. 4, no. 3., p. 11-33Recently, the relationship between economic corridors and logistics performance has been intensively investigated. However, only few studies analyze other factors through which the economic corridors affect logistics quality. Therefore, we aim to estimate the impact of economic corridors on logistics performance, in a way to account for institutional effect, by constructing multiplicative interaction model. Our proposed model was tested using the difference-in-differences estimator and panel data of 36 European countries along The Belt and Road Economic Corridors between 2007 and 2018. Considering robustness tests and appropriate estimation techniques our analysis showed that economic corridors affect countries logistics performance via institutional quality. However, several limitations need to be acknowledged. The first one is related to the availability of the data as The Belt and Road Initiative (BRI) was introduced only recently, limiting the length of the analyzed period. Secondly, no official or generally accepted definition of the BRI exists, thus it is very difficult to identify its geographical scope. Therefore, applying the same methodology for data, several years after the announcement of BRI, future research could include more countries and additional time periods to explore the matter in more detail. Despite the fact, our approach assumes that the initiatives of economic corridors should be accompanied by stronger institutions and good governance to have higher levels of countries logistics performance. Moreover, this study confirms that economic corridors is very complex economic phenomenon and further studies should consider the role of moderators of this nexu
53 Teleworking experience of education professionals vs. Management staff: challenges following job innovationItem type:Publication, [Досвід дистанційної роботи фахівців освіти та менеджменту: завдання щодо впровадження інновацій]research article[2022][S1a][S003][13]; ; ;Raišys, Simonas JuozapasLučinskaitė-Sadovskienė, RitaMarketing and management of innovations. Sumy : Sumy State University, 2022, iss. 2., p. 171-183The article deals with the problem of teleworking. Due to the constraints of the pandemic, the education sector has undergone a dramatic change, with teachers and students en masse moved to work from home. In the past, digital solutions have gradually penetrated the education sector, but the pandemic has turned the process into social innovation in the broad sense and performance innovation in the narrow sense. The latter aspect is addressed in this article. The paper aims to reveal the effect of the transition to teleworking on employees in the education sector. Based on the survey results, the study reports experiences of higher education and colege professors, secondary schools and vocational schools' teachers and managerial staff in terms of personal wel-being, management quality, and performance. The paper is novel in terms of the scope of the study: it analyses the teleworking issue in different educational institutions. In addition, the study compares the experiences of education staff and managers. There is a lack of such research in the scientific literature in the education sector. The research confirms that telecommuting managers experienced less shock and fatigue than professors and teachers. In addition, university professors proved to be the best prepared to work in innovative ways, but they also rated the performance of their managers' management work the worst among all educational institutions. Meanwhile, while teachers in secondary schools rated telework the most negatively, they rated the ability of their leaders to lead the team in extraordinary conditions the best. The research results can be useful for education leaders and policymakers as well as for researchers dealing with the topics of teleworking, teachers' job performance, employee fatigue, and leadership competencies. performance.
15 Comparison of the environment of EU countries for sharing economy state by modern multiple criteria methodsItem type:Publication, research article[2022][S1][S004][20] ;Grybaitė, Virginija ;Stankevičienė, Jelena ;Lapinskienė, GiedrėAmfiteatru economic journal. Bucuresti : The Bucharest University of Economic Studies, 2022, vol. 24, no. 59., p. 194-213The rapid growth of the sharing economy attracts attention from scientists, businesses, and governments. The European Commission acknowledges the benefits of the sharing economy and emphasises that European countries should be open to the new opportunities that the sharing economy brings. The sharing economy makes an essential contribution to job creation and growth in the European Union. The sharing economy creates new markets and expands existing ones. It makes the use of resources more efficient due to the extensive sharing of assets. Sharing improves resource conservation and efficiency of use, reformats consumption patterns, raises the spirit of entrepreneurship and responsibility of every capital owner, and improves social trust among people worldwide. Despite the focus of researchers on the sharing economy, there is still a lack of research on conditions that stimulate the sharing economy’s growth. The article lays the foundation for creating a more comprehensive methodology for assessing the growth of the sharing economy. The authors apply multi-criterion decision-making methods for research purposes, such as EDAS and PROMETHEE II, and recently developed CILOS and IDOCRIW for criteria weight calculation. A hierarchy structure of criteria for evaluating sharing economy growth was created and presented in the paper. The resulting weights of criteria of performance of sharing economy growth were obtained. The prominent features of hierarchy structures and the methodology for calculating ultimate weights are described and demonstrated. The results reveal that the environment is more favourable for sharing economy growth in the Netherlands, Germany, and Sweden among the chosen European countries.
5Scopus© Citations 10 The integration of corporate social responsibility and marketing concepts as a business strategy: evidence from SEM-based multivariate and Toda-Yamamoto causality modelsItem type:Publication, research article[2021][S1][S004][3]; Ahmed, Rizwan RaheemOeconomia copernicana. Olsztyn : Institute of Economic Research, 2021, vol. 12, iss. 1., p. 125-127Research background: This paper integrates the marketing and corporate social responsibility concepts by investigating how the previous studies debated CSR as a business strategy. This discussion extended from academics to business practices. Hence, this study investigated the concept of CSR as a business strategy in a mul-tifactorial fashion in the marketing field. Purpose of the article: This study evaluates the modified model of CSR initia-tives as business and marketing strategy and their impact on customers' buying behavior. For this purpose, we have taken dimensions of Carroll's pyramid of CSR as marketing strategies. We have also examined the influence of brand loyalty and cause-related marketing as mediating variables and technology as a moderator be-tween dimensions of Carroll's pyramid and customers' buying behavior. Methods: We employed modified theoretical & conceptual model for evaluating the direct and indirect hypothesized relationship. We have collected 693 responses from the structured & adapted questionnaire. We employed SEM-based multivari-ate modeling to examine the hypothesized relationship. Findings & Value added: The finding of this research exhibited that dimensions of Carroll’s pyramid of CSR have a positive and significant impact on customers' buying behavior. The results further demonstrated that brand loyalty and cause-related marketing positively and significantly impact mediators between CSR dimensions and customers’ buying behavior. Finally, the technology has a signifi-cant influence as a moderator between exogenous and endogenous factors. The undertaken study demonstrated important theoretical and practical implications. The modified conceptual framework has provided several new dimensions for futu-re researchers to use and replicate in different economic sectors. On the other hand, practitioners of the pharmaceutical industry should incorporate Carroll's CSR py-ramid as business strategies to gain the trust and respect of their customers.
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