cometadata/datacite-titles-descriptions-related-identifiers huggingface dataset:
DOI: 10.6084/m9.figshare.20014105
title: Reinsurance in the Supplementary Health: A Counterfactual Study on the Impacts of Reinsurance Treaties Adoption by Healthcare Plans Operators in Brazil

description: ABSTRACT The sustainability of the Brazilian Supplementary Health System has been frequently debated, since the number of operators has decreased considerably in recent years after bankruptcy records. In this context, risk transfer mechanisms are presented as options for financial loss mitigation and asset protection. Reinsurance is one of them, but, due to legal understandings, its adoption has been restricted to insurance companies since 2009 and forbidden for other types of operators, such as cooperatives, self-management, and philanthropic enterprises. Using industry microdata and applying the collective risk theory, implemented by the classic ruin model (Cramér-Lundberg), this study aimed to counterfactually verify how reinsurance would impact operators solvency in a hypothetical long-term scenario in which all of them had access to these tools. By introducing quota share, with retentions of 60% and 80% of the aggregate expenses, and Stop-Loss treaties, with retention limits of 80% and 95%, it was verified that the ruin probability decreased in the first case by around 40% and 20%. However, the adoption of Stop-Loss for aggregate expenses increased the need for solvency capital, as a result of its higher premiums, becoming viable when directed to higher cost events.
DOI: 10.6084/m9.figshare.20014105.v1
title: Reinsurance in the Supplementary Health: A Counterfactual Study on the Impacts of Reinsurance Treaties Adoption by Healthcare Plans Operators in Brazil

description: ABSTRACT The sustainability of the Brazilian Supplementary Health System has been frequently debated, since the number of operators has decreased considerably in recent years after bankruptcy records. In this context, risk transfer mechanisms are presented as options for financial loss mitigation and asset protection. Reinsurance is one of them, but, due to legal understandings, its adoption has been restricted to insurance companies since 2009 and forbidden for other types of operators, such as cooperatives, self-management, and philanthropic enterprises. Using industry microdata and applying the collective risk theory, implemented by the classic ruin model (Cramér-Lundberg), this study aimed to counterfactually verify how reinsurance would impact operators solvency in a hypothetical long-term scenario in which all of them had access to these tools. By introducing quota share, with retentions of 60% and 80% of the aggregate expenses, and Stop-Loss treaties, with retention limits of 80% and 95%, it was verified that the ruin probability decreased in the first case by around 40% and 20%. However, the adoption of Stop-Loss for aggregate expenses increased the need for solvency capital, as a result of its higher premiums, becoming viable when directed to higher cost events.
DOI: 10.6084/m9.figshare.20014106.v1
title: An Examination of Herding Behavior in the Brazilian Equity Market

description: ABSTRACT The aim of the present study is to investigate herding behavior in the Brazilian stock market. This bias is quite common in times of market downturns and can cause investors to suffer large losses. It is very difficult to effectively identify its real occurrence. Through the method of Chang et al. (2000), it is possible to show that the occurrence of herd behavior is associated with the following phenomena: high trading volume; high volatility, market downturn; and misbalancing of orders. The main contribution of the paper is to identify that herding behavior reacts asymmetrically to the sign of past shocks. The results suggest that an intense selling movement can generate uncertainty in agents, causing them to imitate others in imminent loss periods.
DOI: 10.6084/m9.figshare.20014106
title: An Examination of Herding Behavior in the Brazilian Equity Market

description: ABSTRACT The aim of the present study is to investigate herding behavior in the Brazilian stock market. This bias is quite common in times of market downturns and can cause investors to suffer large losses. It is very difficult to effectively identify its real occurrence. Through the method of Chang et al. (2000), it is possible to show that the occurrence of herd behavior is associated with the following phenomena: high trading volume; high volatility, market downturn; and misbalancing of orders. The main contribution of the paper is to identify that herding behavior reacts asymmetrically to the sign of past shocks. The results suggest that an intense selling movement can generate uncertainty in agents, causing them to imitate others in imminent loss periods.
DOI: 10.6084/m9.figshare.20014108
title: The Entrepreneurial Orientation in the Transformation of Universities

description: ABSTRACT Universities are a relevant and little-explored context to the study of strategic action, considering their need to adapt to environmental dynamics and establish a closer relationship with society. This study contributes to shedding light on how the changing process from a traditional university model to a more entrepreneurial model takes place. Thus, this study aims to analyze the role played by the universities’ strategic management to the establishment of entrepreneurial orientation (EO) in the academic environment. For this sake, we did a multiple case study focusing on managers’ decisions at the strategic level. The selected cases are three universities, two in Brazil and one in Sweden, recognized for their academic entrepreneurship approach in their environments. Based on these cases, the study reveals the influence of top-management decisions for the establishment of EO and how traditional institutions can pursue an entrepreneurial university model. The results emphasize the key role played by the universities’ strategic management in establishing EO, through different levels of participation, but with recurrent behaviors in the implementation of the third academic mission.
DOI: 10.6084/m9.figshare.20014108.v1
title: The Entrepreneurial Orientation in the Transformation of Universities

description: ABSTRACT Universities are a relevant and little-explored context to the study of strategic action, considering their need to adapt to environmental dynamics and establish a closer relationship with society. This study contributes to shedding light on how the changing process from a traditional university model to a more entrepreneurial model takes place. Thus, this study aims to analyze the role played by the universities’ strategic management to the establishment of entrepreneurial orientation (EO) in the academic environment. For this sake, we did a multiple case study focusing on managers’ decisions at the strategic level. The selected cases are three universities, two in Brazil and one in Sweden, recognized for their academic entrepreneurship approach in their environments. Based on these cases, the study reveals the influence of top-management decisions for the establishment of EO and how traditional institutions can pursue an entrepreneurial university model. The results emphasize the key role played by the universities’ strategic management in establishing EO, through different levels of participation, but with recurrent behaviors in the implementation of the third academic mission.
DOI: 10.6084/m9.figshare.20014109
title: Effect of Personal Values Similarity on B2B Relationship Value

description: ABSTRACT Similarity of values influences the relationship between companies. However, even if organizational decisions are made by people, the role played by similarity of personal values for those involved in the trade is little explored in the B2B context. Based on the similarity-attraction theory, we developed a model that explores the effect that similar of personal values between buyer and seller has in the B2B relationship value. Using a sample composed of 25 sellers and 317 buyers, we tested the hypotheses by means of polynomial regression with a response surface analysis. The results demonstrate that similarity of personal values, in regards to a social focus, between seller and buyer has a positive effect on the B2B relationship value. However, when individuals are more similar relation to personal values, the lower value the buyer perceives in the relationship with his provider. The paper also addresses implications for the theory, and B2B management theory. Relationship Implications.
DOI: 10.6084/m9.figshare.20014109.v1
title: Effect of Personal Values Similarity on B2B Relationship Value

description: ABSTRACT Similarity of values influences the relationship between companies. However, even if organizational decisions are made by people, the role played by similarity of personal values for those involved in the trade is little explored in the B2B context. Based on the similarity-attraction theory, we developed a model that explores the effect that similar of personal values between buyer and seller has in the B2B relationship value. Using a sample composed of 25 sellers and 317 buyers, we tested the hypotheses by means of polynomial regression with a response surface analysis. The results demonstrate that similarity of personal values, in regards to a social focus, between seller and buyer has a positive effect on the B2B relationship value. However, when individuals are more similar relation to personal values, the lower value the buyer perceives in the relationship with his provider. The paper also addresses implications for the theory, and B2B management theory. Relationship Implications.
DOI: 10.6084/m9.figshare.20014111.v1
title: Effects of Social Comparison, Travel Envy and Self-presentation on the Intention to Visit Tourist Destinations

description: ABSTRACT Sharing travel experiences through social networks has become a very common practice today. Access and exposure to posted content can generate, in users, behavioral and emotional reactions capable of affecting their intention to travel. Based on this, the objective of the present work is to verify the effects of behavioral characteristics (social comparison, envy and self-presentation) on the intention to visit destinations, as displayed by users on social networks--more specifically, on Instagram. The study methodology consists of a survey applied online from May to June 2018 with Instagram users, in which we obtained 547 valid responses. For data analysis, we used descriptive statistics, factor analysis, and logistic regression to test and confirm the hypotheses of the presented theoretical model. The results indicate that envy and social comparison increase the odds of intention to visit a destination, with the strongest effect being related to the social comparison variable.
DOI: 10.6084/m9.figshare.20014111
title: Effects of Social Comparison, Travel Envy and Self-presentation on the Intention to Visit Tourist Destinations

description: ABSTRACT Sharing travel experiences through social networks has become a very common practice today. Access and exposure to posted content can generate, in users, behavioral and emotional reactions capable of affecting their intention to travel. Based on this, the objective of the present work is to verify the effects of behavioral characteristics (social comparison, envy and self-presentation) on the intention to visit destinations, as displayed by users on social networks--more specifically, on Instagram. The study methodology consists of a survey applied online from May to June 2018 with Instagram users, in which we obtained 547 valid responses. For data analysis, we used descriptive statistics, factor analysis, and logistic regression to test and confirm the hypotheses of the presented theoretical model. The results indicate that envy and social comparison increase the odds of intention to visit a destination, with the strongest effect being related to the social comparison variable.
DOI: 10.6084/m9.figshare.20014112
title: Measuring the benefits of ICTs in social enterprises: an exploratory study

description: Abstract The study presented in this article aims to identify what are, in fact, the social missions of companies called “social companies” , and what are the benefits obtained from the use of ICTs by these companies. The research methods employed were bibliographic research and case study. The bibliographic research was elaborated from a systematic analysis and the use of a theoretical framework related to performance indicators, as proposed by Hutchinson and Molla (2009). The case study was carried out based on four social companies, with which observations were made in loco, application of interviews and analysis of the respective websites. The results indicated that the social mission of this type of company can be explained by the use of six indicators: access to markets, income generation, employment opportunities, social training, strengthening of relations with the sponsor and social outsourcing; and that these indicators require the use of ICTs to be developed. It is concluded that, if at least one of the indicators is present in these companies, ICTs can bring some kind of benefit.
DOI: 10.6084/m9.figshare.20014112.v1
title: Measuring the benefits of ICTs in social enterprises: an exploratory study

description: Abstract The study presented in this article aims to identify what are, in fact, the social missions of companies called “social companies” , and what are the benefits obtained from the use of ICTs by these companies. The research methods employed were bibliographic research and case study. The bibliographic research was elaborated from a systematic analysis and the use of a theoretical framework related to performance indicators, as proposed by Hutchinson and Molla (2009). The case study was carried out based on four social companies, with which observations were made in loco, application of interviews and analysis of the respective websites. The results indicated that the social mission of this type of company can be explained by the use of six indicators: access to markets, income generation, employment opportunities, social training, strengthening of relations with the sponsor and social outsourcing; and that these indicators require the use of ICTs to be developed. It is concluded that, if at least one of the indicators is present in these companies, ICTs can bring some kind of benefit.
DOI: 10.6084/m9.figshare.20014114
title: The Personal Values of Small-Business Entrepreneurs: Evidence from Brazil

description: ABSTRACT Despite the apparent relationship between personal values and entrepreneurship, this topic t has been subject to little academic research. This article aims to explain, in the Brazilian context, how the personal values of entrepreneurs influence the degree of professionalism in their business. The article uses a descriptive and exploratory quantitative approach, with data collected via a survey and focus group. Results show that, in the Brazilian context, ethics and capitalist values have a greater influence on professionalism than do risk, innovation, family history, etc. Certain personal values of small-business entrepreneurs become organizational values that drive their actions in challenging environments. The finding that only one of the ten independent variables has been considered statistically influential on professionalism constitutes its main theoretical contribution. It rethinks professionalism, no longer as a dependent variable, but as a personal value, like the rest, in independent, innovative and sovereign way.
DOI: 10.6084/m9.figshare.20014114.v1
title: The Personal Values of Small-Business Entrepreneurs: Evidence from Brazil

description: ABSTRACT Despite the apparent relationship between personal values and entrepreneurship, this topic t has been subject to little academic research. This article aims to explain, in the Brazilian context, how the personal values of entrepreneurs influence the degree of professionalism in their business. The article uses a descriptive and exploratory quantitative approach, with data collected via a survey and focus group. Results show that, in the Brazilian context, ethics and capitalist values have a greater influence on professionalism than do risk, innovation, family history, etc. Certain personal values of small-business entrepreneurs become organizational values that drive their actions in challenging environments. The finding that only one of the ten independent variables has been considered statistically influential on professionalism constitutes its main theoretical contribution. It rethinks professionalism, no longer as a dependent variable, but as a personal value, like the rest, in independent, innovative and sovereign way.
DOI: 10.6084/m9.figshare.20014115.v1
title: Routines, Generative Systems Analyzed as a Function Based on Time and Innovation

description: ABSTRACT This study aims to propose a model to study organizational routines as a generative system based on time and innovation. Routines are intrinsically related to resources orchestration processes, learning, know-how accumulation and organizational expertise. Over time, combined with innovations, in-process, or via technological artifacts, routines may contribute to diversifying the portfolio of outputs able to add value to a company result. The study follows a qualitative approach, with an applied nature, and was made through multiple case studies. Data collection was through semi-structured interviews and was beaconed by protocol subject to peers validation. The main contribution is the model which is proposed to understand routines as a generative system able to diversify the outputs or organizational actions enhancing the results arisen from innovations. Results have confirmed the relation between routines and resources orchestrations process, incorporation and development of innovations, and organizational learning.
DOI: 10.6084/m9.figshare.20014115
title: Routines, Generative Systems Analyzed as a Function Based on Time and Innovation

description: ABSTRACT This study aims to propose a model to study organizational routines as a generative system based on time and innovation. Routines are intrinsically related to resources orchestration processes, learning, know-how accumulation and organizational expertise. Over time, combined with innovations, in-process, or via technological artifacts, routines may contribute to diversifying the portfolio of outputs able to add value to a company result. The study follows a qualitative approach, with an applied nature, and was made through multiple case studies. Data collection was through semi-structured interviews and was beaconed by protocol subject to peers validation. The main contribution is the model which is proposed to understand routines as a generative system able to diversify the outputs or organizational actions enhancing the results arisen from innovations. Results have confirmed the relation between routines and resources orchestrations process, incorporation and development of innovations, and organizational learning.
DOI: 10.6084/m9.figshare.20014117.v1
title: Perceived value of organizational foresight processes: effects of the illusion of control and individual foresight

description: ABSTRACT This research proposes an investigation into the reasons for low adherence for foresight processes in organizations. Studies involving the relevance of foresight processes have become increasingly frequent, driven by an environment of increasing volatility, uncertainty, ambiguity, and complexity. Despite the importance of the topic, which seeks to enable organizations to anticipate threats and opportunities from the environment through methods, there is still little adherence to these practices, which justifies the purpose of this investigation. To achieve the proposed objective, a questionnaire was structured. Then, it was applied via electronic survey, allowing the observation of the effects of the illusion of control and individual foresight activities on the perceived value of formal foresight processes in organizations. The data were analyzed based on structural equations modeling with estimation through Partial Least Square (PLS). The sample was composed of 185 executives from the financial and technological sectors, and a reduction to the perceived value of foresight processes was identified, as a result of the illusion of control and individual practices of these activities. These results contribute to the understanding of the low adherence of foresight processes, from the perspective of cognitive biases attributed to the decision-maker.
DOI: 10.6084/m9.figshare.20014117
title: Perceived value of organizational foresight processes: effects of the illusion of control and individual foresight

description: ABSTRACT This research proposes an investigation into the reasons for low adherence for foresight processes in organizations. Studies involving the relevance of foresight processes have become increasingly frequent, driven by an environment of increasing volatility, uncertainty, ambiguity, and complexity. Despite the importance of the topic, which seeks to enable organizations to anticipate threats and opportunities from the environment through methods, there is still little adherence to these practices, which justifies the purpose of this investigation. To achieve the proposed objective, a questionnaire was structured. Then, it was applied via electronic survey, allowing the observation of the effects of the illusion of control and individual foresight activities on the perceived value of formal foresight processes in organizations. The data were analyzed based on structural equations modeling with estimation through Partial Least Square (PLS). The sample was composed of 185 executives from the financial and technological sectors, and a reduction to the perceived value of foresight processes was identified, as a result of the illusion of control and individual practices of these activities. These results contribute to the understanding of the low adherence of foresight processes, from the perspective of cognitive biases attributed to the decision-maker.
DOI: 10.6084/m9.figshare.20014118
title: The effect of absorptive capacity on the financial performance of Brazilian and Portuguese companies in a low technological intensity sector

description: ABSTRACT The digital transformation has driven a more assertive absorption of external information and knowledge in all economic activities, especially in the low technological intensity sector, where competition has been fierce. In this way, the use of information and knowledge can provide companies with higher performance before its competitors. Thus, this study seeks to verify the effect of absorptive capacity (ACAP) on the financial performance of Brazilian and Portuguese companies that operate in low technological intensity sectors. The study is part of initial research that addresses ACAP in sectors that do not release innovations in the market. A survey was carried out based on validated scales, but adapted to the low technology sector. Then, a new validation of the scales was carried out and a t-test was performed to check if there are differences and regression analysis to answer the hypotheses. The results showed that ACAP has an effect on financial performance, both in the Brazilian and Portuguese context, being higher in Portuguese companies. In addition, it was also shown that the two dimensions of ACAP have different influences on financial performance, when considering the two contexts. It can be concluded that ACAP can be applied in sectors of low technological intensity, as this has an influence over the financial performance of companies.