The aim of this paper is to analize the influence of professionalization over firm’s performance and the effect of two mediating variables, risk-taking and technological innovation. A total of 310 Spanish SMEs were surveyed, and the study was conducted using partial least squares path modelling (PLS-SEM) technique. The findings showed that firm’s performance is influenced by professionalization, risk-taking and technological innovation. These effects are not only direct and positive, but there are also important indirect effects that reinforce the positive effects of professionalization on firm’s performance. This research contributes to the literature on professionalization considering mediating effects of risk-taking and technological innovation in the relationship between professionalization and firm’s performance. The results provide interesting implications for theory and practice, indicating how companies can orient their strategies with the aim of gaining competitive advantage in order to increase their performance.
This paper aims to analyze whether Corporate Social Responsibility (CSR) can be considered as a mediator variable on the relationship among Information and Communication Technologies (ICT) adoption and SMEs performance in the hotel industry due to the lack of general consensus on the direction of this relationship. Furthermore, future expectations about the economic cycle might be a determining factor in business decision-making. Therefore, we also analyze whether these expectations influence hotel managers to adopt CSR strategies and, indeed, influences on the hotel’s performance. To this end, partial least squares structural equation modeling (PLS-SEM) is applied to a sample of 117 Spanish hotel SMEs. These results have practical implications in considering ICT adoption as a source of competitive advantage that will facilitate the implementation of CSR practices in hotels, thus improving firm performance.
Este documento identifica cómo la educación financiera afecta a la intención emprendedora, inclusión social y financiera en Honduras. Aplicamos un análisis descriptivo con enfoque transversal y retrospectivo. En primer lugar, nuestros resultados afirman que la educación financiera aumenta significativamente el desarrollo de habilidades de los estudiantes para promover la intención empresarial. Asimismo, manifiestan que la brecha de género es una de las principales causas de exclusión laboral. Finalmente, demostramos que el fomento de la educación financiera entre los estudiantes permite conseguir una mayor autonomía financiera para afrontar cualquier tipo de decisión económica.
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