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Universidad EAFIT
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AD-minister, revista semestral de la Escuela de Administración de la Universidad EAFIT, tiene como propósito ofrecer un espacio académico para la publicación de trabajos de carácter investigativo, formativo o reflexivo en torno a las áreas funcionales, teorías y temas contextuales de Administración, Administración de negocios, Negocios internacionales, Contabilidad, Mercadeo y Psicología organizacional.

AD-minister busca también la apropiación social y profesional al contribuir con la discusión y el avance de temáticas relevantes a la realidad actual empresarial y gremial. En esta medida, el público de AD-minister es la academia en áreas administrativas, el sector privado, público y no gubernamental.

Latest documents

  • Strategic Effect of Collaboration Between ETICS

    This paper analyzes the relationship between networking capabilities and the motives behind SMEs taking part in collaborative relationships with firms within the same sector. Specifically, we analyzed inter-firm collaborations for new product development and the decision(s) to outsource. The main contribution of this paper is focused on identifying the existence of the mediating effect that Hybrid growth strategy has, connected to these relations. It is argued that the Hybrid growth strategy mediates the relationship between networking capabilities and the different collaborative modes with firms within the same sector. The results, obtained through a binomial logit model, supported these arguments by using a database formed by 450 face-to-face surveys, from which 296 took part in an inter-firm collaboration between 2012-2014. The surveys were given to CEOs from SMEs that participated in collaborative activities with other firms in the Electronic, Technology, Information, and Communications sector (ETICS) in Mexico. KEY WORDS: SMEs collaboration, Networking capabilities, Hybrid growth, Product development, Outsourcing

  • Small and Medium Enterprises in the Americas, Effect of Disaster Experience on Readiness Capabilities

    Disaster risk reduction (DRR) is key in strengthening resilience and achievement of sustainable development. The private sector is co-responsible for DRR: it is a generator of risks, and a subject exposed to risks. There are competing narratives in the literature regarding the relationship between business’ disaster experience and DRR. The current study defined and characterized businesses in the Americas, with a particular interest in small and medium enterprises, and examined whether disaster experience predicts DRR, considering business size. Secondary data analyses were conducted using data from a previous study on private sector participation in DRR conducted in six Western Hemisphere cities (N=1162): Bogotá, Colombia; Kingston, Jamaica; Miami, USA; San José, Costa Rica; Santiago, Chile; and Vancouver, Canada. Results confirmed that business size matters – small businesses had lower levels of DRR efforts compared to medium and large businesses. Disaster experience (i.e., supply chain disruption, loss of telecommunications, power outage, and damaged facilities) predicted DRR. The findings underscore the importance of fostering, advising, and financing small and medium enterprises to proactively develop capabilities in the line of risk and emergency management, and early resumption of operations, post-disasters. Governing agencies and civil society organizations have the ability to provide this support. KEYWORDS: Disaster risk reduction; disaster experience; small and medium-sized enterprises; readiness

  • Burnout in SMEs: A Management-Level Approach

    Burnout is a term that is frequently heard in business, causing great health problems to its employees and an impact on the company’s economic results. The purpose of this research is to identify the existence of burnout in employees at the managerial level in SMEs. It is a qualitative investigation using the interview as an instrument. The sample is focused on mid-level managers in the industry, commerce and service sectors, two companies per sector. To generate the results, a model called Maslach Burnout Inventory General Survey (MBI-GS) and the burnout syndrome cycle were used. Managers who manifested burnout syndrome have excessive workloads in such a way that they do not achieve the objectives set by management, which makes the managers who suffer have health problems such as stress, cardiomuscular problems that even have family problems, that is, the above exceeds their emotional capacity. KEYWORDS: Burnout, SMEs, managers

  • Strategizing: Opening New Avenues in Latin-America. A Systematic Literature Review

    Strategizing is a research field devoid of epistemological, theoretical and methodological unity. Instead of seeing it as a disadvantage, we show how this plurality boosts the convergence of different points of view in the practice turn of strategy that challenges its conventional perspective. Through this systematic literature review we detected research opportunities in Latin-America, as well as in the categories of Strategizing such as practices and practitioners. In the first category, we suggest trust as a suitable concept for research on the social nature of practices. And in the second category, customers claim further attention as relevant actors in the creating-delivering-capturing value cycle of the business level strategy. KEY WORDS: Strategizing, Strategy-as-practice, the practice turn, trust, customer, systematic literature review

  • Professional competences in management field: A curricular analysis for Colombia

    This article emphasizes on professional competencies (generic and specific) required by Colombian Business Management labor market. Quantitative descriptive, documentary and longitudinal analysis were used upon empirical research, and techniques such as documental analysis and the survey. The study begins with the narrative review of academic and institutional documents about the nature of the competency based curriculum applied to the Alfa Tuning Latin America chapter. Subsequently, fieldwork analysis is presented for two groups of interest related to administration programs at different times about the most valued competencies in Administrators. This study shows that Tuning Latin America approach means a useful mecanism for evaluating competencies in the management field and these are considered as being significant . Competences proposed place significant challenges not only in business management education in Colombia but as an integrated and comprehensive based educational platform, not only for work. KEYWORDS: competency-based education, learning results, competences in business, Tuning Project, criticism of the model

  • Critical analysis on the use of SROI in the evaluation of social impact in social entrepreneurship initiatives

    The inability of the State to address social problems such as poverty in all its ranges, unemployment, and the difficult access to education and health services, to mention just a few, has led to the institutionalization of the social sector in Mexico, which implies an increase in social entrepreneurship initiatives within the entrepreneurial ecosystem. Therefore, the need to analyze and rate the financial evaluation techniques of initiatives of this nature is of great importance to determine if the enterprise is really solving a social problem. In this research, social entrepreneurship is contemplated and conceptualized, emphasizing the social enterprise, while exploring its development in Mexico and then addressing the areas of opportunity in the use of the social return on investment (SROI) as a measure with a strong financial vocation in the management of social entrepreneurship initiatives. KEYWORDS: social entrepreneurship, social sector, social return on investment (SROI)

  • Effect of convergence to International Financial Reporting Standards on Companies Listed in the Colombian Stock Exchange

    The purpose of this document is to analyze the effect of adopting the International Financial Reporting Standards (IFRS), which is a compulsorily requirement to be complied with as of 2015, for companies listed on the Colombian Stock Exchange (BVC by its acronym in Spanish). For the purposes of this study, two samples were used. The first one, with 52 Colombian companies whose financial indicators such as Return on Equity (ROE), Operating Profit Margin (OPM) and Return on Invested Capital (ROIC) were obtained from the accounting information, and where the mean difference was applied, (These companies corresponded to the year 2014 before and after the IFRS.) The second sample had 32 companies. Their level of leverage, ordinary income, operating income, and profit and loss for the year were analyzed to determine the effects of these variables on their market capitalization, using the difference in differences method, taking 2014 as the control year without IFRS and 2015 as the year of treatment with IFRS. The findings show, that in the 52 companies studied, adopting the standards did not signal changes in financial indicators before and after IFRS, as does the stock market value in the sample of 32 companies. KEYWORDS: IFRS, stock market, financial indicators, share price

  • Guest Editorial: Media Entrepreneurship and Web 3.0, the way passed, the way forward
  • Qualitative Methods in Media Entrepreneurship Research: Clarification of the terms Framework, Model and Pattern

    Interchangeable use of some terms that imply on different concepts and constructs has been a challenge for the students and novice researchers. In particular, terms such as framework, model, pattern and the verbs such as design, identify, present, propose have been used in several cases in the different meaning and cause confusion for the researchers. This paper is a conceptual article that clarifies the use of such technical terms in qualitative researches in the area of media entrepreneurship. Simply, it defines framework as the limit and boundaries of a never studied phenomenon that includes factors and elements; model as a depiction of relationship among the factors and elements that predicts how the phenomenon works, and pattern as a previously successfully examined model that can be benchmarked by the future researchers. Then the proper verbs for these technical terms have been suggested. The findings are applicable in the media entrepreneurship and similar areas of qualitative researches, including creative industries.

  • Modelling Media Entrepreneurship in Social Media: SEM and MLP-ANN Approach

    The present paper addresses the need for a quantitative model for media entrepreneurship. In a framework of social media entrepreneurship that is presented by khajeheian (2013), 23 factors are introduced and categorized in five groups. Four groups of enterprise, resources, strategy and product are controllable and infrastructure is the uncontrollable group. In the current research, these groups are considered as variables and factors are used as measures. In a survey 305 Iranian students responded a questionnaire. SEM and MLP-ANN used for analysis. Results show that resources are on the highest rank, strategy and infrastructure are placed as 2nd and 3rd and enterprise and product placed at the lowest rank. This model can be used as a foundation for developing more quantitative researches in the subject of media entrepreneurship.

Featured documents