Introduction

Horodnic, Ioana Alexandra; Rodgers, Peter; Williams, Colin C.; Momtazian, Legha

doi:10.4324/9781315158013-1

Cited by 3 publications

(4 citation statements)

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“…Another example is the frequent shortcomings of HR management, where staff are not professionally recruited or selected, leaving room for favoritism and nepotism, or not having an employment contract or even a job description upon which job performance evaluations could be based. Salaries may be extremely low, irregular, and statutory, social benefits denied (Horodnic et al 2018, Benjamin et al 2012, Robbins 2001.…”

Section: Figure 2 the Size Of The Shadow Economy In Selected Countriesmentioning

confidence: 99%

“…Their influence can be exerted internally-in terms of values related to honesty, fairness, empathy and truthand externally, reflecting the prevailing views on social conformity; if "everyone" makes their own rules and evades taxes, then why should I stick out for being compliant? Ianole-Călin (in Horodnic et al 2018) explains non-compliance in Romania as follows: "Romania has a strong cultural tradition in which rejection of authority, lack of social trust, simulated compliance and a drive towards social conformity are interwoven in a very intricate pattern of social norms" (Horodnic et al 2018, p.28).…”

Section: Figure 4 the Economic Theory Of Ibpmentioning

confidence: 99%

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Informal Business Practices: Some Early Evidence

Dellevoet

2024

AJM

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The paper introduces a new management theory, “Informal Business Practices” (IBP), focusing on micro-level business practices that are informal, illegal, unregulated, or unethical. Evidence for IBP is found in general literature on taxes, shadow economies, corporate governance, accounting, and human resource management. It also references the World Bank’s ‘doing business’ indicators and enterprise surveys, further confirmed by a small survey among retired managers in emerging markets. This led to formulating an economic theory of IBP focused on minimizing business costs and a behavioral theory linking IBP to business attitudes and behaviors. In 2022, a field study in Uganda used over 80 Likert variables for a survey among 18 SMEs to determine the economic drivers of formality and establish the “formality gap” with full regulatory and legal compliance. Insights were verified through semi-structured interviews with business managers/owners, providing further evidence for the economic and behavioral theories of IBP. The paper concludes that this preliminary result justifies more extensive research into the concept of IBP.

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Section: Figure 2 the Size Of The Shadow Economy In Selected Countriesmentioning

confidence: 99%

Section: Figure 4 the Economic Theory Of Ibpmentioning

confidence: 99%

Informal Business Practices: Some Early Evidence

Dellevoet

2024

AJM

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“…The informal economy is both separate and integral to the formal economy. In emerging and transitional economies, modest livelihoods can be generated by marginalized and vulnerable individuals, in aggregate constituting a significant portion of GDP (Horodnic et al 2017). However, modernization motivates governments to exert greater control of economic and social activity (Carter 2019;Xheneti, Madden, and Kharki 2019).…”

Section: Towards More Supportive Market Structuresmentioning

confidence: 99%

Not WEIRD at all! Towards More Pluralistic Economies and Sustainable Livelihoods

Little

Eti-Tofinga

2023

Journal of Macromarketing

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Sustainability discourses are dominated by Western, educated, industrialized, rich and democratic (WEIRD) perspectives. Critics call for remedies to patriarchy, capitalism, and colonialism; and for work that is inclusive of women, non-market influences, and epistemologies of the global South. Focusing on women's work, this paper interrogates the epistemic and practical injustices of geography and gender. The empirical domain is a middle-income economy, offering insight from the space between WEIRD and subsistence extremes. 15 case studies of Malay female micro-entrepreneurs draw on interview, observational and secondary data, tracing the effects of market formalization on market actors. Despite subordinate social status, the women provide reliable income streams for their families. However, their livelihoods are threatened by rapidly formalizing markets. Market formalization crowds out the small and diverse in favor of the large and multinational. To address that problem, a pro-social systems view is required, based on pluralistic conceptions of economies and markets. Drawing on Gibson-Graham's diverse economies perspective we derive 12 propositions supporting sustainable livelihoods. Sustainable livelihoods support quality of life and wellbeing, are embedded in less damaging and more inclusive (vs patriarchal, colonial and capitalistic) provisioning systems, in turn embedded in epistemologies that are reflexively conscious of power dynamics and the WEIRD hegemony. In line with the paradoxes and tensions in sustainability thinking we call for pluralism: Conscious acceptance of all economic approaches, formal and informal, state and non-state, global and local, capitalist and planned; with an emphasis on physical, emotional and social well-being, self-determination, diversity, health, and happiness for the many rather than wealth for the few.

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“…With the deregulation of the financial sector, a tidal wave of mergers and acquisitions reoriented U.S. corporations from managerial control over production to the "shareholders' right" to short-term monetary gain (Davis, 2009). Concurrently, the withdrawal of the social safety net accompanied the promotion of entrepreneurial livelihood strategies that are heavily reliant on both formal and informal circulation of debt (Horodnic et al, 2018). 1 This shift in the organizational logic of capital accumulation was exported as a development strategy through conditional loans that created fertile ground for financialization.…”

Section: Financializing Food Systemsmentioning

confidence: 99%

When Food is Finance: Seeking Global Justice for Migrant Workers

Simeone¹,

Piper

Rosewarne

2023

SSJ

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The steady growth of international labour mobility has been one of the defining features of globalization. Alongside the liberalization of international trade, labour mobility has been a key dynamic propelling economic development in the new millennium. In recent years, migrant labour is increasingly regulated via temporary schemes, deepening and widening migrant precarity. This paper argues that a growing reliance on temporary migrant workers reflects the financialization of global agriculture. Drawing on conceptual debates among scholars of critical finance studies, migration governance and food systems, it explores the implications of financialization for social justice work, asking how a systemic understanding of the migrant experience with financial institutions and practices might enhance rights-based advocacy.

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Introduction

Cited by 3 publications

References 0 publications

Informal Business Practices: Some Early Evidence

Informal Business Practices: Some Early Evidence

Not WEIRD at all! Towards More Pluralistic Economies and Sustainable Livelihoods

When Food is Finance: Seeking Global Justice for Migrant Workers

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