<abstract xmlns="http://www.w3.org/1999/xhtml">There is a body of literature on virtual teams that is growing faster and faster; however, the knowledge about the benefits and the challenges faced by the virtual teams are still not very well outlined or thoroughly discussed. The purpose of this paper is to fill a part of the gap by reviewing specialized literature about the effectiveness of the virtual teams versus the traditional teams. Moreover, the study underlines the challenges faced by the virtual teams from different standpoints (i.e., identity, culture and diversity, leadership, communication and motivation, decision-making and conflicts, technology, creativity) and highlights the best ways/tools to cope with them. By performing this theoretical overview, the study aims to advance an articulate perspective on the organizational landscape and processes in line with today’s challenges in terms of human capital, in particular and of intellectual capital, in general. As the depicted research directions indicated, people are not ready yet to totally move to the virtual world and to give up face-to-face communication, feeling more comfortable to work within a traditional team. This situation is illustrative of the fact that there is still much to explore about the virtual teams and about how they can reach their best potential in order to be effective.</abstract>

madalina.vatamanescu@facultateademanagement.ro

National University of Political Studies and Public Administration

The Human Capital Dimension within the Organizational Equation. Gliding Between Virtual and Traditional Teams

<abstract xmlns="http://www.w3.org/1999/xhtml">This research aims to analyze the relationships established among rewards, job satisfaction and job performance in the Romanian banking system. In order to achieve this goal, a single-case study is used as a research strategy and a survey-based on a questionnaire is developed among the 60 employees the BCR-BpL branch from Bucharest, Sector 3. The relationships established among rewards, job satisfaction, and job performance are tested using Partial Least Square – Structural Equation Modelling. The results prove that: (i) rewards have a positive influence on job satisfaction; (ii) the relationship between job satisfaction and job performance is not statistically significant; and (iii) the relationship between rewards and job performance is not statistically significant. These findings have both theoretical and practical implications. On the one hand, they extend the theory from the human resources management field by analyzing the relationships established among rewards, job satisfaction, and job performance, within the Romanian banking system. On the other hand, they help managers understand the importance of using rewards as a strategic organizational tool, capable to increase employees’ satisfaction.</abstract>

Human Resources Practices in the Romanian Banking System: Rewards, Job Satisfaction, and Job Performance

<abstract xmlns="http://www.w3.org/1999/xhtml">The topic of small and medium-sized enterprises (SMEs) within the framework of the internationalization phenomena has often hewed the paths for many conceptual and empirical analyses all the more so as the global environment has pushed smaller actors out of their regular habitat. Issues such as the support of SMEs innovative capabilities, of knowledge sharing mechanisms and collaborative networks via cross-border operations or as the thorough adjustment to the new market conditions have sprung as pivotal concerns for both academics and practitioners interested in business development, performance, innovation and effectiveness from a myriad of perspectives. Giving credit to these research and real-life priorities, the current paper aims to discuss different facets of the SMEs internationalization process, laying emphasis on their internal capabilities and external conditions. The empirical undertaking relies on a secondary data analysis which covers the facts and figures comprised by European official reports. The focus is on the Romanian SMEs internationalization variables which are descriptive of the current state of cross-border dynamics. The findings advance that Romanian entrepreneurs and SMEs have been supported in the recent years by a series of European and national governmental initiatives, yet many additional measures and facilitation instruments are needed to properly improve their overall performance on international markets.</abstract>

Romanian SMEs Internationalization in the Light of Internal Capabilities and External Conditions. A Secondary Data Analysis

<abstract xmlns="http://www.w3.org/1999/xhtml">One of the key elements for family business success lies in the fact that they are being perceived as companies' part of the community with an approachable image, projecting a human figure, and contributing to the local economy. Nowadays, brands are not only offering functional but also emotional benefits, seeking to be distinguished as generating positive experiences. Family businesses are being associated with the socially emerging values of modern branding. Family companies have been traditionally recognized for their trustworthiness and integrity, but now they must pay more attention to their image and to develop an intelligent strategy to protect it and the company's reputation since it is an intangible asset, recognized and assessed by the stakeholders. The family business image and reputation are influencing the companies both financial and non-financial factors, these relations being the subject of several studies. This paper's purpose is to explore the knowledge surrounding these constructs and to integrate the findings into a more comprehensive model of the influencing factors and their relationships.</abstract>

Family Business Image and Reputation. A Model of the Influencing Factors, Actions, and Effects

<abstract xmlns="http://www.w3.org/1999/xhtml">The study investigates the direct effects of foreign ownership and R&amp;D on firm innovation and the moderating effects of R&amp;D on the foreign ownership–innovation relationship in ASEAN countries. This research focus is important as ASEAN countries have received a large amount of inward FDI as part of their export-led growth strategy, and FDI can bring both benefits and negative impacts for the host country. To the authors’ knowledge, this study contributes as the first attempt to examine this topic in ASEAN. The study employs a novel approach (i.e., generalized ordered logit model (GOLM)) to deal with the restrictive “parallel regression/proportional odds” assumption of the standard ordered logit model (OLM), which has not been adequately addressed in previous studies on the foreign ownership–innovation relationship. The findings show that foreign ownership relates negatively to the possibility of radical innovation, while R&amp;D relates positively to the possibility of radical innovation. In addition, R&amp;D positively moderates the effect of foreign ownership on the possibility of radical innovation. The findings verify the important role of R&amp;D as a mechanism for absorptive capacity building in the foreign ownership–innovation relationship, which has been under-researched in prior studies on the role of foreign ownership in firm innovation. The policy implications emphasize that ASEAN governments should have more technological regulations and incentives to encourage foreign investors to bring advanced technologies and invest more in R&amp;D.</abstract>

Southern Taiwan University of Science and Technology

Foreign Ownership, R&amp;D and Firm Innovation in ASEAN Countries: A Generalized Ordered Logit Model

<abstract xmlns="http://www.w3.org/1999/xhtml">Employees’ satisfaction at work plays an essential role in enterprises performing effectively and sustainably developing. Encouraging and creating a professional work environment for employees to have favorable working conditions are necessary for helping them prove their abilities. Therefore, this paper analyses the leadership styles (LS) and the mediating role of quality of work-life (QWL) towards employee job performance (EJP). The researcher collected 401 samples in Ho Chi Minh City to analyze and verify the research model. From the findings, it is evident that there is a significant relationship between the LS and the mediating role of QWL towards EJP. Based on the results of the empirical study, the researcher recommends that administrators and scholars refer to and study this result in planning the managerial policies in human resources to help employees feel satisfied with their jobs.</abstract>

Malaysia University of Science and Technology

The Effect of Leadership Styles and the Mediating Role of the Quality of Work-Life on Employee Job Performance in Vietnamese Enterprises in Ho Chi Minh City

<abstract xmlns="http://www.w3.org/1999/xhtml">Small and medium enterprises (SMEs) have been considered as one of the engines of economic growth, sustainability, and industrial development of a nation, however, the survival rate of SMEs in Nigeria has been seriously affected by the volatile environment in which they operate. The use of survival strategies has also been one of the major challenges facing the business since most people believe that strategies are only meant for large and multinational companies. This study, therefore, examines the survival strategies and sustainability of small and medium enterprises in a volatile business environment using a quantitative approach. The data were administered through a questionnaire to 350 respondents from small and medium enterprises in Lagos State, Nigeria. The questionnaire was analyzed with the use of the Structural Equation Model. The results reveal that there is a significant and positive relationship between survival strategies and sustainability of small and medium scale enterprises in Nigeria.</abstract>

Survival Strategies and Sustainability of Small and Medium Enterprises in a Volatile Environment

<abstract xmlns="http://www.w3.org/1999/xhtml">Tourism shopping has become an important motive for traveling. Yet, research on tourists’ satisfaction and loyalty towards shopping malls is still in the nascent stage. Given that, the objective of this study is to examine and justify the factors that influence tourists’ satisfaction during their shopping experiences. To test the proposed hypotheses of this study, 1000 self-administrated questionnaires were distributed using the convenience non-probability sampling method among international tourists who have visited the mega shopping malls in Malaysia. The findings revealed that variables like communication, accessibility, and convenience, tangibility and facilities, pleasure and entertainment, as well as product assortment have a positive and significant impact on tourists’ satisfaction and loyalty in the shopping malls. The contribution of this research is to evaluate the relationships between the variables and tourists’ shopping satisfaction. The findings of this research can assist the shopping mall management team to provide more tailor-made products and experience for tourists. In line with this, the theory of planned behavior, the disconfirmation model and stimulus-organism-response model are applied in this study.</abstract>

Shopping Mall Attributes: Tourist Satisfaction and Loyalty

AHEAD OF PRINT

Volume 12 (2024): Issue 1 (March 2024)

Volume 11 (2023): Issue 4 (December 2023)

Volume 11 (2023): Issue 3 (September 2023)

Volume 11 (2023): Issue 2 (June 2023)

Volume 11 (2023): Issue 1 (March 2023)

Volume 10 (2022): Issue 4 (December 2022)

Volume 10 (2022): Issue 3 (September 2022)

Volume 10 (2022): Issue 2 (June 2022)

Volume 10 (2022): Issue 1 (March 2022)

Volume 9 (2021): Issue 4 (December 2021)

Volume 9 (2021): Issue 3 (September 2021)

Volume 9 (2021): Issue 2 (June 2021)

Volume 9 (2021): Issue 1 (March 2021)

Volume 8 (2020): Issue 4 (December 2020)

Volume 8 (2020): Issue 3 (September 2020)

Volume 8 (2020): Issue 2 (June 2020)

Volume 8 (2020): Issue 1 (March 2020)

Volume 7 (2019): Issue 4 (December 2019)

Volume 7 (2019): Issue 3 (September 2019)

Volume 7 (2019): Issue 2 (June 2019)

Volume 7 (2019): Issue 1 (March 2019)

Management Dynamics in the Knowledge Economy

Aims and Scope  The aim of Management Dynamics in the Knowledge Economy (MDKE) is to address in an interdisciplinary framework the dynamics of the organization management and its strategic approaches by considering the imperatives and the contingencies of the new societal and economical environments at a local, national or global scale, with a special emphasis on emerging economies.  MDKE aims to foster meaningful academic discussions and to support the exchange of ideas on principles, strategies, models, techniques, methodologies, and applications of management science in all the important fields of interest.  The first issue of MDKE was published in April 2013, both online and in print. The journal was initiated by Prof. Dr. Constantin Brãtianu from the Bucharest University of Economic Studies, Prof. Dr. Florina Pînzaru and Prof. Dr. Alexandra Zbuchea, from the Faculty of Management, National University of Political Studies and Public Administration (SNSPA), Bucharest, Romania. Starting with 2015, the journal is published exclusively online, 4 issues annually. Since 2019 the journal is published in cooperation with de Gruyter, on the Sciendo platform.  As intended from its very beginning, the journal is interested in research that crosses the boundaries of single academic subjects stimulating interdisciplinary, multidisciplinary and transdisciplinary research. Topics can cover research, non-exclusively, in the following domains: management, strategic management, innovation management, change management, international management, organizational behavior, entrepreneurship, leadership and governance, knowledge management, brand management and consumer behavior, business, business process optimization, corporate social responsibility, financial and economic management, e-business and digitalization, and sustainability management.  Types of Submissions  The journal welcomes three types of submissions, namely: conceptual papers, research articles and literature reviews, all of them being subject to a double-blind peer review.  Description of the Peer Review Process  Management Dynamics in the Knowledge Economy is a double-blind peer-reviewed academic publication. Peer review is a key element of scientific publishing, and it serves several main purposes: to filter the research to select the most relevant studies; to improve research quality, by highlighting key points and correcting errors; to help the authors to improve their work, through offering specific comments on the key aspects of a research article: title, abstract, keywords, content and analysis, discussions, conclusions and references.  Regarding the selection of the review-team, to ensure the high-quality and the objectivity of the review, the two reviewers associated to each proposal are selected based on the following principles: they are specialists in the field of the submitted article, and they are from different countries of origin so to support an international perspective.  Abstracting &amp; Indexing  Management Dynamics in the Knowledge Economy is abstracted/indexed in: BASE (Bielefeld Academic Search Engine), CEEOL, DOAJ, EBSCO, ERIH Plus, Index Copernicus, ProQuest, and RePEc – EconPapers and other databases (please visit the A&amp;I section).  Several other A&amp;I service providers are evaluating the journal for inclusion. Please periodically check this section for further information.  Open Access Statement  MDKE is an open access scholarly journal that allows free access to its content (articles, issues). MDKE is available online to the readers without financial, legal, or technical barriers (no article publication charges), based on the theory to keep an article's content intact. Authors can use Creative Commons licenses to specify usage rights of articles.  This journal is licensed under a Creative Commons — Attribution-NonCommercial-NoDerivatives 4.0 International — CC BY-NC-ND 4.0.  Copyright Notice  Authors hold the copyright for the published papers. They can make the respective works available in different situations, such as: on their websites, on universities blackboard systems, as teaching materials, etc.  APC Policy  To publish in Management Dynamics in the Knowledge Economy, authors are not required to pay an Article Processing Charge.  Manuscript Formatting  Formatting – Before publication, all articles undergo a formatting stage in which their format is made compatible to the requirements of the journal MDKE. All authors are asked to comply with the Article Template requirements before submitting their articles, but all accepted articles still require minor alterations in format and style. Once the editorial team agrees on the final version, a final copy of the article will be sent to the authors for approval and then will be sent to the Publishing House to ensure the online publication. After that moment, the papers cannot be altered in any way. For further details, please see Author guidelines page.  Manuscript Submission  Authors should submit their manuscript in a MSWord format, adapted for the Windows operating system and DOC or RTF file to the Editor via the online platform. No hard copies are required.  When submitting an article, no author identification has to be provided in the paper uploaded initially on the platform. If the paper is finally accepted for publication, the final submission should comply with the MDKE Author Guidelines. Please note that submissions not complying with these guidelines will be rejected on formal grounds.  Authors should register and log-in prior to submission. When registering on the platform, we recommend the authors to register themselves as readers as well. This will enable them to easily have access to all the issues of the journal.  By submitting the paper, the authors certify that the study proposed is their own, that they hold the rights to present the information included in the paper and that they give the publication rights to the publishers of the journal. All papers are checked with anti-plagiarism software.  Alongside the manuscript in a MSWord format, two other documents filled and signed should be uploaded: MDKE Originality Statement and Copyright Agreement and Open Access License.  Submission Management  Each submission is acknowledged by one of the members of the editorial team and then the pre-selection begins. At this stage, the members of the editorial team choose to either reject the article directly or to send it to the reviewers for a thorough review. The grounds for immediate dismissal (desk rejection) of a manuscript are the following:   Plagiarism  The standard of English is not considered to be good enough for publication. If English is not the first language of the authors, they should make sure the paper is proofread by a professional or a native speaker.  The manuscript does not fit with the scope of the journal or does not follow rigorously the author’s guidelines and paper template.  The data presented in the article are outdated (either the bibliography is not up-to-date or the research materials are too old).  Each author receives notice of the final decision made by the editorial team which can be of two kinds: a) decision to include the article in the review process or b) decision to reject the article followed by the list of reasons that have led to that decision. Authors whose articles have been rejected for reasons other than fraud can choose to resubmit their work for a second time. If after the second try the article is still not considered a good fit for the journal, then the author is prohibited from resubmitting the work again.  If the article passes this pre-selection then it is sent for peer-review to two professionals with experience in the field. This stage lasts for maximum four weeks, depending on the complexity of the article and the availability of experts in the field. The final decision of the peer-review process can be as follows:    Accepted with no changes – When the paper satisfies all qualitative and quantitative requirements.  Accepted with minor changes – This decisions signal that the article in its present form, with minor modifications is suitable for publication. The authors received the decision followed by the suggestions of the peer reviewers and their submission, after alterations, will step on to the next stage.  Accepted with major changes – Most of the articles submitted to MDKE fall in this category. These are articles which show promise, but they need further elaborate work. Thus, each reviewer sends his or her recommendations and the authors are encouraged to revise their articles, answering to each of these recommendations.  Rejected – This decision signals that there are major concerns over the quality of the scientific materials presented in the paper and that the reviewers consider there is no chance in improving the article in such a way as to become a suitable candidate for publication in MDKE.   After formatting, all articles set to be included in the following issue will appear online according to the publication schedule.  Plagiarism Policy  The editorial board is participating in a growing community of Similarity Check System's users in order to ensure that the content published is original and trustworthy. Similarity Check is a medium that allows for comprehensive manuscripts screening, aimed to eliminate plagiarism and provide a high standard and quality peer-review process.     Archiving  Sciendo archives the contents of this journal in Portico - digital long-term preservation service of scholarly books, journals and collections.  Publication timeline  The editors of the journal accept manuscript submissions all year round. The journal is published quarterly, in March, June, September, and December.  Privacy Statement  The names and email addresses entered in this journal site will be used exclusively for the stated purposes of this journal and will not be made available for any other purpose or to any other party. Please pay attention to all the information on the website and be aware that affiliations of authors and reviewers are public on the platform. By submitting the required information, the authors implicitly agree to make public the data. 