Revista de Gestão (REGE) is a generalist, academic journal covering all fields of management including, but not exclusive of: general management, information technology, marketing, finance, human resources, production and operations management, business strategy, business economics, public administration, science and technology management and sustainability. Submissions to Revista de Gestão are made using ScholarOne Manuscripts, the online submission and peer review system. Registration and access is available at http://mc.manuscriptcentral.com/revge. Full information and guidance on using ScholarOne Manuscripts is available at the Emerald ScholarOne Manuscripts Support Centre: http://msc.emeraldinsight.com. ***From January 1st, 2026, original manuscripts must be submitted only in English.*** REGE adopts a continuous publication model, with articles published online after the completion of the editorial and production processes. Access the Management Magazine at https://regeusp.com.br/
Faculdade de Economia, Administração e Contabilidade, Universidade de São Paulo, São Paulo
Adoption of telemedicine from the healthcare management perspective
Purpose The objective of this study was to assess the challenges of adopting and using telemedicine from the perspective of healthcare management, in which the Innovation Diffusion Theory (IDT) was used as a reference complemented by the Technology-Organization-Environment (TOE) framework. Design/methodology/approach The methodology was structured into two steps: (1) a systematic literature review guided by the PRISMA protocol and Mendeley software, and (2) a qualitative study (in-depth interviews) with healthcare managers responsible for telemedicine at ten large and medium-sized Brazilian hospitals. Findings The results showed some critical points, namely: social issues, such as delivering telemedicine to low-income and elderly segments; the challenge of promoting a unified patient data interoperability, but without breaking the many ethical and legal restrictions; and the limits of telemedicine vis-à-vis the work of medical professionals. IDT and TOE proved effective in connecting the individual and organizational aspects of the theory of adoption and use of innovation. Research limitations/implications An important limitation of the study is the small number (i.e. ten) of healthcare managers who participated in the in-depth interviews. Practical implications Telemedicine can overcome geographical limitations by connecting state-of-the-art medicine practiced at leading hospitals to remote public healthcare units (UPA/UBS); public systems like the National Health Data Network (RNDS), which centralizes patient information, are providing important contribution to interoperability in healthcare; training can positively change the attitudes of medical professionals towards telemedicine; telemedicine is still perceived as a “cheaper” service than in-person care; and internet access is still a problem. Originality/value The study is expected to contribute to a better understanding of the difficulties in adopting telemedicine and what might improve the potential use of the technological infrastructure available in healthcare organizations, thus benefiting populations, especially those not assisted by regular healthcare services.
Copyright (c) 2026 Bento Alves Costa Filho, Mateus Sousa Martins, Christiano Quinan, Josivania Silva Farias https://creativecommons.org/licenses/by/4.0
Editorial: Systemic risk beyond banking: transparency, interconnectedness and the new frontiers of financial stability
Copyright (c) 2026 João Vinícius França Carvalho, Bruno Paisano, Alexandros Skouralis https://creativecommons.org/licenses/by/4.0
Transparency and dialog in non-financial reports
Purpose This study aims to examine how the normative principles of critical dialogic accounting, according to Brown (2009), are incorporated into non-financial reports, fostering transparency and dialog with stakeholders. Design/methodology/approach This study is a qualitative study based on documentary analysis and thematic content analysis of sustainability reports (2020–2024) from a multinational company in the aluminum industry. Findings The company employs a hybrid disclosure model, which shows significant progress in transparency and information diversity, but with structural limitations regarding participation, inclusion of critical voices and democratization of reporting, revealing a mostly formal, selective and non-substantive incorporation of the principles of dialogic accounting. Research limitations/implications An exclusive documentary analysis limits the understanding of internal processes and the effective influence of stakeholders. Practical implications The study suggests improving reports through more transparent, participatory and dialog-oriented practices. Social implications Transparency plays a key role in strengthening accountability, especially in contexts of socio-environmental conflict. Originality/value The study shows that dialogic accounting takes on hybrid forms in corporate contexts, with a selective incorporation of the principles and limitations associated with organizational control.
Copyright (c) 2026 Risolene Alves de Macena Aráujo, Tays Keller Santos Mendonça, Joalison Santos Silva https://creativecommons.org/licenses/by/4.0
Cultural intelligence as a strategic skill for responsible internationalisation
Purpose Assess how Cultural Intelligence (CI) supports sustainable internationalisation through a review of WoS and Scopus articles across international business, organisational behaviour and sustainability. For this purpose, we define Environmental, Social and Governance (ESG) outcomes and theorize CI as a mediator between dynamic managerial capabilities and sustainable internationalisation. Design/methodology/approach The study uses a PRISMA-guided Systematic Literature Review (SLR) restricted to articles indexed in the WoS and Scopus databases, and conducts a guided screening with mapping of co-authorship, co-citation, and keywords; qualitative reading to framework linking CI, dynamic capabilities, and ESG performance. Findings From our analysis, five clusters emerged: innovation/small and medium-size enterprises (SMEs), dynamic capabilities, institutional adaptation, leadership/emotion, and cultural intelligence/global competence. CI sits at the hub, mediating dynamic managerial capabilities to sustainable outcomes, strongest in SMEs facing institutional voids, via knowledge transfer, legitimacy, and ESG alignment. Research limitations/implications Dependence on indexed journals omits grey literature and some emerging-market views. Future empirical, longitudinal, and multilevel studies should test cultural intelligence mediation and explore circular-economy and crisis-resilience contexts. Practical implications Embedding CI in leader selection, talent metrics, alliance governance, and cross-cultural training reduces psychic distance and speeds foreign learning. Originality/value Combining bibliometric mapping and qualitative synthesis, this study presents CI as a multilevel dynamic capability driving responsible global growth agendas for scholars, managers, and policymakers. We propose a framework linking cultural intelligence to the ESG pillars via knowledge transfer, alliance governance, and ethical decision-making.
Copyright (c) 2026 Isabel Maldonado, Carla Lobo, Carlos Pinho https://creativecommons.org/licenses/by/4.0
Budget and organizational performance in the hotel sector
Purpose This study investigates the relationship between the budgetary functions of planning and dialogue in the organizational capacities of resilience and learning in hotel companies' organizational performance (financial and non-financial). Design/methodology/approach The survey collected data from 127 hotel managers with 100 or more housing units. The data were analyzed using structural equation modelling. Findings Among the main results, budgetary functions significantly influence resilience and learning capacities. However, we did not confirm the hypotheses of organizational capabilities regarding the relationship between budget functions and organizational performance. Practical implications The results show new perspectives for budget use, which, in addition to serving as a control instrument, begins to foster a more structured reflection on the strategic development of organizational capabilities, such as resilience and learning, in the hotel sector. Originality/value We conclude that the usefulness of budgeting in hotels relates to the control and development of subjective capacities, and is not linked to formally recorded financial returns.
Copyright (c) 2026 Pedro Henrique da Silva Melo Pereira, Edicreia Andrade dos Santos https://creativecommons.org/licenses/by/4.0
Inclusion or illusion? Trans-inclusive human resources management and the limits of selective diversity in Brazilian companies
Purpose This study aims to identify the factors that support the inclusion and retention of transgender individuals in the Brazilian labor market by analyzing companies listed on the IDIVERSA B3 diversity index. Design/methodology/approach We employed a documentary analysis strategy, examining 2023 sustainability reports, official websites and Instagram profiles of the 75 companies listed on IDIVERSA B3. Data were analyzed through manual review and the ChatPDF software to identify corporate actions supporting access and retention of transgender talent. Findings The findings reveal a pattern of organizational selective diversity, in which companies include cisgender lesbian, gay and bisexual individuals while systematically excluding transgender people from diversity initiatives. Practical implications The research provides a reference matrix of trans-inclusive human resource actions and contributes to the sustainable development goals by addressing gender diversity beyond the binary framework. The findings expose gaps between ESG diversity discourse and substantive transgender inclusion practices. Originality/value We introduce the concept of “organizational selective diversity” to theorize how organizations selectively include certain marginalized subgroups while excluding others within the same diversity category. This concept advances critical diversity management literature by revealing patterns of exclusion within ostensibly inclusive corporate policies, thereby distinguishing our framework from related concepts such as tokenism and diversity washing.
Copyright (c) 2026 Juh Círico, Silvia Pereira de Castro Casa Nova, Akira Aikyo Galvão https://creativecommons.org/licenses/by/4.0
Editorial: Generative AI, human authorship and the transformation of scholarly communication
Copyright (c) 2026 Kavita Miadaira Hamza, Yogesh Kumar Dwivedi, Luis Hernan Contreras Pinochet https://creativecommons.org/licenses/by/4.0
Innovation evaluation in industrial clusters: a literature review
Purpose To analyze the literature on models for evaluating innovation performance in industrial clusters. Design/methodology/approach A systematic literature review was conducted, supported by bibliometric analysis. Studies were retrieved from Web of Science databases and analyzed both quantitatively and qualitatively, using Microsoft Excel and VOSviewer software. Findings This topic continues to attract interest from the scientific community, but there is still a gap in the literature regarding specific models for assessing the innovation performance of industrial clusters. These models can encompass essential dimensions such as networks, knowledge dynamics, innovative capabilities, and business performance. In addition, they incorporated the innovation indicators identified in this study. Originality/value This study provides a holistic understanding of scientific production to evaluate the innovation performance of industrial clusters. Consequently, in addition to filling the gaps in the literature, this study proposes alternatives to overcome the challenges related to these evaluations.
Copyright (c) 2026 Paloma Rayanne Silva Bezerra, Marconi Freitas da Costa, Taciana de Barros Jerônimo https://creativecommons.org/licenses/by/4.0
ThinkBox: Integrating generative artificial intelligence into graduate studies in administration: impacts, ethical dilemmas, and methodological paths
Copyright (c) 2026 Emílio José Montero Arruda Filho, Ricardo Limongi, Mark Michael Lennon https://creativecommons.org/licenses/by/4.0
The role of business intelligence and digital capabilities in driving SME innovation in Latin America
Purpose This study proposes a theoretical model to evaluate the direct and mediating relationships between business intelligence resources and digital capabilities and between strategic capabilities and small and medium-sized enterprises (SME) innovation across five Latin American countries. Design/methodology/approach Partial least squares structural equation modeling (PLS-SEM) was used to evaluate a general model with an entire sample of 480 SMEs from five Latin American countries for 2022. Findings The main findings show that business intelligence resources and digital capabilities positively affect SMEs’ innovation and mediate the relationship between strategic capabilities and innovation in the entire sample of Latin American SMEs. Research limitations/implications Business intelligence resources and digital capabilities simultaneously promote innovation among SMEs in Latin American countries. Therefore, the development of public policies and organizational strategies should focus on enhancing the acquisition of business intelligence resources and developing digital capabilities. Institutional and market differences may explain the variations between countries. Originality/value This study contributes to the analysis of the relationship between resources and capabilities within the digital economy context of Latin American SMEs and in five specific countries. Specifically, it examines the direct and mediating effects of business intelligence resources and digital capabilities on the link between SMEs’ strategic capabilities and innovation.
Copyright (c) 2026 Mauricio Castillo-Vergara, Cristian Geldes, Ronald Mora, Juan Carlos Leiva https://creativecommons.org/licenses/by/4.0
Forecasting fashion retail sales in Brazil: a case study before, during and after COVID-19
Purpose This study analyzes the sales behavior of a Brazilian fashion retailer before, during, and after the COVID-19 pandemic, aiming to generate short-term forecasts using machine learning models. The pandemic’s impact on the retail sector created a need for accurate sales forecasting. Design/methodology/approach Sales behavior was analyzed using Seasonal Autoregressive Integrated Moving Average (SARIMA) and Neural Network AutoRegressive (NNAR) models. Performance was tested during the Full-Price and Off-Price stages, considering eight clothing collections launched before and during the pandemic. Forecast accuracy was evaluated using the Root Mean Square Error (RMSE), Symmetric Mean Absolute Percentage Error (SMAPE), and Total Absolute Percentage Error (TAPE). Findings Sales before and after COVID-19 showed low volume and variability during the full-price period and high income volatility during the off-price stage. Collection 4, launched in February 2020, displayed stable sales with reduced promotional impact. NNAR slightly outperformed SARIMA, highlighting the importance of nonlinear models in capturing retail sales volatility. Sales showed greater variability before and after restrictions, particularly during discounts, which resulted in higher prediction errors. Originality/value This study helps fashion retailers to choose suitable models for forecasting sales during the full- and off-price stages, considering specific environmental conditions. It also provides insights into retail dynamics during disruptions.
Copyright (c) 2026 André Garcia Padilha, Veridiana Rotondaro Pereira, Orlando Yesid Esparza Albarracin https://creativecommons.org/licenses/by/4.0
Personal conflicts of interest that contribute to the risk of business failure
Purpose This study seeks to identify whether entrepreneurs' personal conflicts of interest can affect the risk of business mortality in the first five years. Design/methodology/approach A questionnaire was applied to 408 entrepreneurs, analyzing demographic and behavioral aspects. A principal coordinate analysis was performed, reducing the dimensionality of the 53 questions to two orthogonal axes. To assess whether an entrepreneur's behavior can affect the risk of their company closing, a multivariate analysis of variance was applied using the first two axes of the behavioral gradient. The effect of demographic factors on the probability of company mortality was also assessed using a generalized linear model. Findings Age, education and initial investment affect the risk of mortality, as do entrepreneur behavior related to financial and microeconomic factors. Motivational and planning aspects were not relevant to the risk of closing. Research limitations/implications Given the sample size and the cultural diversity across the regions of Brazil, it is possible that different results may be found in other regions and sectors. Originality/value The results of this research help entrepreneurs look at their own behaviors and understand whether they are compatible with those of entrepreneurs who led their companies to mortality.
Maria do Rosário Texeira Fernandes Justino
Copyright (c) 2026 Angelo Sidnei Dallagnolo, Maria do Rosário Texeira Fernandes Justino, Joaquín Texeira Quirós https://creativecommons.org/licenses/by/4.0
The influence of governance on the capital structure of SMEs in the local apparel productive arrangement
Purpose This study examines how governance mechanisms influence the capital structure of small- and medium-sized enterprises (SMEs) within the Local Apparel Productive Arrangement of the Hinterlands of Pernambuco. Design/methodology/approach By analyzing the governance in mitigating informational asymmetry, this study investigates its impact on credit access. A non-parametric Mann–Whitney test was employed to compare report production between companies that obtained bank loans and those that did not. Additionally, a structural equation model is applied to assess the relationship between governance adoption and credit accessibility. Findings The results indicate that firms with bank loans produce more reports, suggesting a positive link between transparency and financial credibility. Moreover, governance adoption reduces informational asymmetry and facilitates credit approval. Originality/value This study contributes to literature by providing empirical evidence on the effects of governance mechanisms on SMEs’ capital structure of SMEs. The findings offer practical insights for entrepreneurs, enabling them to evaluate appropriate governance structures to enhance their financing decisions. Furthermore, the results support policymakers in designing strategies for improving SMEs’ access to debt financing. By emphasizing the role of governance in SMEs, this study underscores its importance in strengthening management quality and financial decision-making. Increased transparency can enhance the trust between companies and financial institutions, ultimately fostering sustainable business growth.
Copyright (c) 2026 Raquel Souza Ramos, Joséte Florêncio do Santos, Kliver Lamarthine Alves Confessor https://creativecommons.org/licenses/by/4.0
Franchise’s locational concentration in Brazil: a contextual perspective
Purpose This study aimed to explore the relationship between vectors of local entrepreneurial ecosystems (EE) and the locational concentration of franchise network units in Brazilian cities. Design/methodology/approach Information about the municipalities where a set of franchise networks operates, along with the number of units per location, was tabulated for 2016, 2019 and 2022. Data related to EE were obtained from ISDEL. The analytical strategy was designed based on a typical estimation framework, aiming to identify the associations between EE components and the factors influencing the concentration of entrepreneurial activity. Findings The results indicate different movements when analyzed from the perspective of municipalities as well as from the perspective of networks. Through empirical analysis, it is possible to verify a significant relationship between EE dynamics and the locational concentration of franchised networks. Originality/value There is no record of previous work on the relationship between contextual factors and the locational concentration of franchise network units. In addition, it contributes to the debate on governance arrangements in the face of crises from the perspective of entrepreneurship. Finally, this study contributes to the discussion of EE by incorporating franchising arrangements into the analysis.
Copyright (c) 2026 Eugêenio José Silva Bitti, Matheus Dermonde, Bruno Brandão Fischer https://creativecommons.org/licenses/by/4.0
Googling and ARMS sentiment across economic phases and horizons: insights into Brazilian crises
Purpose This study investigates the impact of fundamental factors (returns, liquidity, and volatility) and investor sentiment, captured through indirect (ARMS index) and direct (Google Trends search volumes of positive and negative terms) measures across the Expansion and Contraction phases and three time horizons, on the risk of stock market crashes in Brazil. Design/methodology/approach The analysis applies the CMAX (current index level relative to the historical maximum) method for crisis identification and the local bull-bear indicator to classify economic phases over short-, medium-, and long-term horizons. Probit models were then estimated to assess how these factors affect the likelihood of crisis occurrence. Findings The results reveal that declining returns, reduced liquidity, and heightened volatility increase the probability of crisis. Investor sentiment, marked by optimism during expansions and pessimism during contractions, significantly predicts crisis risk, particularly over shorter horizons, although its effect diminishes as market fundamentals regain their influence. Notably, Google Trends exhibited strong predictive power, outperforming the ARMS index. Practical implications These findings provide timely insights for investors, analysts, and policymakers. Real-time sentiment monitoring via Google Trends supports early detection of market instability, aiding portfolio management, stress testing, and policy actions. The study also informs macroprudential regulation by incorporating behavioral indicators into systemic risk frameworks. Originality/value This study is among the first to examine direct and indirect investor sentiment across economic cycles in an emerging market, offering a robust framework to anticipate crises while highlighting the societal benefits of early detection and the importance of financial literacy in curbing emotional market behavior.
Copyright (c) 2026 Sirine Ben Yaala, Jamel Eddine Henchiri https://creativecommons.org/licenses/by/4.0
Innovation under pressures: analysis of practises in the port sector
Purpose This study aims to assess the role of institutional pressure on innovation practices in the port sector. Design/methodology/approach This is a qualitative, exploratory, descriptive approach using remote interviews and asynchronous messaging with professionals from the Brazilian port sector. Findings Coercive pressures are highlighted by regulatory agencies that standardize and supervise port activities. Mimetic pressures lead to the adoption of competitive practices such as benchmarking and technical visits. On the other hand, normative pressures are related to ethical codes and social responsibilities, which influence innovation practises. These pressures have both direct and indirect effects on innovation in this sector. Research limitations/implications This study provides evidence of the influence of institutional pressures on innovation-related strategic decisions in the port sector. Practical implications This study reveals the importance of adequate public policies, including inter-port cooperation and organizational culture, to favor innovation. Originality/value This study addresses the gap in professionals’ comprehension of the institutional pressures affecting innovation in the port sector, thus providing a pioneering approach to the factors involved in this process.
Copyright (c) 2026 Rosana Santos de Oliveira, Carlos Eduardo Facin Lavarda https://creativecommons.org/licenses/by/4.0
Signaling theory and quality cues: the willingness-to-pay for high and low involvement sustainable attributes
Purpose With the support of signaling theory the paper investigates the impact of quality cues related to environmental and social sustainability concerns on the purchase intention and willingness to pay for low-involvement products (fresh pirarucu) and high-involvement products (leather from this fish). Design/methodology/approach A survey with 483 potential consumers of pirarucu fish in Brazil. Discrete choice analysis to understand preferences and choices from alternatives attributes of pirarucu fish. Findings Signaling and quality cues related to environmental and social concerns influence consumer decision differently for high- and low-involvement exotic food. Originality/value The link between signaling theory and quality cues explains the preference for different involvement exotic products.
Copyright (c) 2026 Maria Sylvia Macchione Saes, Eduardo Eugênio Spers, Elis Regina Monte Feitosa, Lilian Maluf de Lima, Giovana Zamith, Jacques Marcovitch https://creativecommons.org/licenses/by/4.0
Editorial: Beyond finance: how new accounting standards can support risk management practices
Copyright (c) 2026 João Vinícius França Carvalho, Laryssa Cristhina Batista de Freitas, Alexander Bohnert https://creativecommons.org/licenses/by/4.0
Smart tourism in the digital age: overcoming barriers and unlocking new possibilities
Purpose This research aims to explore the role of digital transformation in the tourism sector, identifying both opportunities and challenges associated with advanced technologies. Design/methodology/approach A qualitative research approach was employed, utilizing primary data collected through semi-structured interviews with industry professionals. Findings The study finds that artificial intelligence enhances personalized travel recommendations and customer service through chatbots and virtual assistants. The Internet of Things, virtual reality, blockchain and robotics improve efficiency and customer experience. However, challenges such as high implementation costs, data privacy concerns and the need for continuous technological updates persist. Additionally, the digital divide remains a significant barrier for smaller businesses and emerging markets. Practical implications The findings suggest that while digital transformation presents significant opportunities for enhancing services and operations, addressing associated challenges is critical for sustainable growth. Industry stakeholders must adopt a strategic approach to technology implementation to ensure inclusive benefits and enhanced competitiveness. Originality/value This study provides valuable insights into the impact of digital technologies on the tourism sector, offering practical recommendations for leveraging digital transformation to improve efficiency and customer satisfaction.
Copyright (c) 2025 Animesh Kumar Sharma, Rahul Sharma https://creativecommons.org/licenses/by/4.0
Generative AI: capturing strategic value in businesses
Purpose To investigate how companies in various sectors are using generative artificial intelligence (GenAI) to capture business value and to propose a research agenda on the subject. Design/methodology/approach A systematic literature review was conducted with publications from the Scopus and Web of Science platforms, taking into account studies from 2022, a milestone in the introduction of GenAI. After the selection of 19 articles with a journal impact factor greater than 4.0, patterns and insights into the use of GenAI were identified, including challenges and opportunities. Findings The reviewed studies highlight the transformative impact of GenAI in sectors such as finance and strategic areas. Challenges include limited transparency, organizational alignment difficulties and risks associated with sensitive data and regulatory compliance. Opportunities include optimization of operations, product customization, acceleration of innovation and sustainability-aligned solutions. Practical implications The results reveal that GenAI is revolutionizing industries such as marketing, human resources, sustainability and innovation. However, organizations need to develop ethical frameworks and strategies to overcome trust, transparency and privacy barriers. Originality/value This study consolidates evidence on how GenAI transforms organizational value creation by proposing a research agenda to address gaps in relation to governance, ethics and human capital impact.
Copyright (c) 2025 Patrícia F. Prado, Daielly Nassif Mantovani https://creativecommons.org/licenses/by/4.0
Cultural consumers’ gatekeeping in cosplay: cynical truths established through fans’ practice
Purpose Cultural consumer gatekeeping shapes interactions with the marketplace, indicating that participatory culture and fans' practices – such as cosplay – can establish truth games in fan culture. Thus, this study aims to examine how cultural consumers’ gatekeeping establishes truth games in fan practice. Design/methodology/approach The methodological approach integrates Foucault’s analytical framework with the netnographic data collection, which considered cosplayer interactions over five years. Findings Two power diagrams structure cosplayers’ resistance. Disillusion reflects opposition to perceived distortions, such as external appropriations and the politicization of cosplay. Depravity captures the tensions surrounding hypersexualized performance, balancing artistic expression and community norms. By navigating these conflicts, they enact the consumer truths that regulate participation in a gatekeeping process, where community members assert authority over acceptable practices and reinforce participatory culture through internal governance and exclusionary mechanisms. Social implications This study reveals how consumer communities self-regulate through internal truth production, shaping participatory cultures. Practically, it provides insights for marketing researchers to navigate cultural sensitivities, helping them engage with fandom while respecting governance and authenticity. Originality/value This study contributes and conceptualizes cultural gatekeeping as a disposition of cynical consumer resistance and expanding knowledge on how consumer truths shape inclusion, exclusion and power structures in digital fandoms.
Copyright (c) 2025 Bruno Melo Moura, André Luiz Maranhão de Souza-Leão https://creativecommons.org/licenses/by/4.0
Can environmental technologies and banking development generate green growth? Empirical evidence from 22 most polluted economies
Purpose The primary objective of this study is to analyze the influence of environmental technology and banking sector development on green growth. Pursuing green and sustainable growth is imperative for combating climate change. Green growth is encouraged in the most polluting economies. Design/methodology/approach This study focuses on 22 of the world’s most polluting economies during the period 2004–2023. In this context, the Pooled Mean Group Autoregressive Distributed Lag (PMG-ARDL) was employed for empirical evaluation. Findings In the long term, technological innovation, particularly environmental patents and international trade play a central role in fostering ecological transition. However, financial resources such as bank deposits and stock market capitalization act as potential barriers when not directed towards sustainable projects. In the short term, complex dynamics emerge, highlighting the importance of the variables’ lagged effects. Research limitations/implications Although much research has been conducted on the individual determinants of green growth, few studies have examined the combined impact of environmental technologies and bank financing on this phenomenon. This highlights the need for joint analyses that consider environmental technological progress and banking financing mechanisms. Such an analysis would help us better understand their role in promoting sustainable and inclusive green growth. Practical implications The onus is for the public decision-maker to establish a more advanced development policy that considers environmental sustainability. Originality/value The present study demonstrates the correlation between the adoption of environmental technologies and financial systems on the one hand, and the promotion of green growth on the other. It has the capacity to facilitate collaboration between the fields of environment and economy, thereby contributing to the sustainable development goals (SDGs), especially SDG 8 (Decent Work and Economic Growth) and SDG 13 (Climate Action).
Copyright (c) 2025 Leila Ben Ltaief https://creativecommons.org/licenses/by/4.0
The influence of institutional factors in the search for smart city models: a comparison between Shanghai and São Paulo
Purpose The article aims to clarify whether the Smart City concept can be universally adopted or whether it is reconfigured based on the conditions of a given reality, shaping a specific understanding of the Smart City. Design/methodology/approach Through bibliographic analysis and contextual studies of two distinct realities – Shanghai and São Paulo – different political structures and market economies are identified, which highlight distinct institutional factors that, in turn, can lead to different understandings of Smart City. Findings The research findings warn against the adoption of absolute concepts of Smart City and allow for effective comparisons between different realities, considering the institutional conditions of each location, leading to different understandings of Smart City: e-autocracy for Shanghai and e-democracy for São Paulo. Research limitations/implications Due to the proposal to compare such different realities, one of which is Chinese, there is a language barrier and a scarcity of Chinese studies published in English, which makes it difficult to fully understand the Chinese reality. Practical implications The article enables more coherent comparisons between different realities, avoiding the adoption of a universal parameter and considering the ambition of each locus to format a smart city. Originality/value This article shows that the understanding of smart city is distinct and influenced by the political structure and institutional factors in force in each reality, pointing out two concepts of a smart city: e-autocracy and e-democracy.
Copyright (c) 2025 Ney Nakazato Miyahira, Wilson Aparecido Costa de Amorim https://creativecommons.org/licenses/by/4.0
Consumer boycott of greenwashing practices
Purpose This study aimed to understand the motivations behind consumers’ decisions to boycott greenwashing practices. Design/methodology/approach We conducted a quantitative survey with a sample of 1,251 consumers, using a questionnaire composed of four main constructs: perception of greenwashing practices, skepticism toward environmental claims made by organizations, motivation to engage in boycott behavior, and knowledge of related terms and topics. Data were analyzed using structural equation modeling based on the covariation matrix. Findings Skepticism was significantly associated with consumers’ judgments of greenwashing practices, which, along with knowledge, proved to be influential in motivating boycott behavior. Originality/value The study offers a novel understanding of consumer motivation to boycott greenwashing practices, grounded in the variables of skepticism, knowledge, and judgment, and highlights its potential as a form of consumer-led regulation.
Copyright (c) 2025 Taís Pasquotto Andreoli, Patrícia Cardoso Silva, Evandro Luiz Lopes https://creativecommons.org/licenses/by/4.0
Editorial - How to get published in high impact journals? A practical guide for early career scholars
Copyright (c) 2025 Paula Sarita Bigio Schnaider, Adriana Marotti de Mello, Gustavo Magalhães de Oliveira https://creativecommons.org/licenses/by/4.0
ThinkBox: An Open Government Agenda for Academics
Copyright (c) 2025 Gabriela de Breláz, Suzanne J. Piotrowski https://creativecommons.org/licenses/by/4.0
Data-driven culture and orchestrated data ecosystems: a conceptual model based on the resource-based view
Purpose This conceptual paper examines how orchestrated data ecosystems influence the development of a data-driven culture based on the resource-based view, proposing a conceptual model and theoretical propositions. Design/methodology/approach The study is grounded in the resource-based view and theory-building from literature, employing an integrative review to structure a conceptual model. The analysis connects concepts related to data-driven culture, orchestrated data ecosystems and sustainable competitive advantage. Findings The paper argues that, within orchestrated data ecosystems, the orchestrator promotes the adoption of data-driven practices, which can be considered a strategic resource from the resource-based view perspective. The adoption of these practices supports the development of sustainable competitive advantages for both organizations and the ecosystem. The study presents a conceptual model and two theoretical propositions that structure this relationship. Originality/value This paper extends the application of resource-based view to data ecosystems by considering data-driven practices as strategic resources that contribute to sustainable competitive advantage. The originality lies in the proposition that, in orchestrated data ecosystems, the orchestrator facilitates the dissemination of these practices, shaping sustainable competitive advantages at both the organizational and ecosystem levels.
Copyright (c) 2025 Felipe Fonseca Salerno, Antonio Carlos Gastaud Maçada https://creativecommons.org/licenses/by/4.0
The effects of non-audit fees on audit fees during the financial crisis
Purpose This study examines the impact of non-audit fees, auditor tenure, and auditor size on audit fees in Germany, France, Italy, and Spain, separately and collectively, for a large sample of non-financial companies during the 2008/2009 global financial crisis. Design/methodology/approach The generalized method of moments (GMM) with interactions is used. Several panel models are used for the in-crisis and pre-crisis periods for the four countries, separately and collectively. Findings The results reveal an important impact of two indicators of crisis on audit fees across the countries investigated. In addition, panel ordinary least squares (OLS) and fixed and random effects models, as well as panel co-integration and panel generalized autoregressive conditional heteroscedasticity (GARCH) models, reveal significant results in the pre-crisis and in-crisis periods for the four countries collectively. Originality/value Previous researchers have not examined the impact of the financial crisis on audit and non-audit fees using GMM, panel co-integration, or bivariate panel GARCH models.
Copyright (c) 2025 Maria I. Kyriakou https://creativecommons.org/licenses/by/4.0
Sustainable performance of the largest global food companies
Purpose This work assesses and compares the level of engagement of the six largest global food companies regarding the Sustainable Development Goals (SDGs) of the United Nations (UN) for 2030. Design/methodology/approach From the contents of the Global Reporting Initiative sustainability reports of the companies Nestlé, Archer Daniels Midland, Kraft Heinz, Bunge, JBS and General Mills, this study measured these companies’ commitment to and coverage of SDGs in the economic, environmental and social dimensions. Findings Global food companies show relatively high commitment to the UN SDGs for 2030, but they still have opportunities for improvement regarding their coverage. The environmental dimension demonstrates the best overall indicator, whereas the social one demonstrates great opportunities for evolution. Practical implications Analyses are useful for managers to evaluate the companies’ strategic positioning relative to main competitors regarding the quality and breadth of the initiative presented in the sustainability reports. Originality/value This is an unprecedented study in the food sector measuring and comparing the indexes of coverage and commitment of the largest food companies regarding SDGs.
Copyright (c) 2025 Marcos Vinicius da Silva Figueiredo, Ticiana Braga De Vincenzi, Gabrielly Rodrigues dos Santos, Julia Martins Seabra https://creativecommons.org/licenses/by/4.0
Business model revisited: a novel canvas for digital transformation
Purpose Digital businesses defy the models and theories of traditional entrepreneurship. This study proposes a refined digital business model canvas (DBMC) to address digital entrepreneurship’s unique challenges and opportunities. Design/methodology/approach We conducted a systematic literature review alongside a double-round validation of semi-structured interviews and qualitative research. We interviewed digital entrepreneurs from university spin-offs until we reached data saturation in the first round, contributing to internal validity. Then, the new model was validated in the second round of interviews. Findings The DBMC successfully bridges gaps identified in the conventional BMC by enhancing strategic focus, clarifying financial planning and improving early adopter identification. Validation interviews confirm that the adapted framework is better aligned to the operational realities of digital ventures, reinforcing its theoretical contribution through a nuanced application of the resource-based view. Research limitations/implications The study’s qualitative design and sample from a single innovation agency may limit generalizability; further testing in diverse settings is recommended. Practical implications The DBMC provides a robust, adaptable framework for digital entrepreneurs, offering valuable insights for strategic planning, entrepreneurial education and policy development. It integrates new components – such as early adopters, investment sources, pricing and employee relationships – and adapts existing elements. Originality/value The originality is twofold: we examined the business model canvas using additional resources in a digital context, enhancing the likelihood of success for digital business practitioners; we also revamped Barney´s VRIO (value, rarity, imitability and organization) model, stressing the importance of resources and capabilities in the novel (digital) context.
Copyright (c) 2025 Beatriz Garcia Altafin, Cristiano Morini, Daniel Henrique Dario Capitani https://creativecommons.org/licenses/by/4.0