2017
Autores
Ribau, CP; Moreira, AC; Raposo, M;
Publicação
International Journal of Entrepreneurship and Small Business
Abstract
This paper proposes a conceptual model that analyses the factors influencing the export performance of small and medium-sized enterprises (SMEs) and integrates international entrepreneurship theory and international strategies. Rooted in an extensive bibliography that provides the basis for key constructs, the proposed model brings together the fundamentals of SMEs' internationalisation processes that influence these enterprises' export performance. The model highlights three important factors: industry-, environment- and firm-related aspects affecting firms' entrepreneurial orientation. The model contributes to a better understanding of the key factors affecting the export performance of SMEs, providing a simple structure that can be strategically used by entrepreneurs when launching their firms into international markets. The model complements previous approaches but offers a more integrative approach based on research that ventures further into a little explored area of the literature on internationalisation theories. Copyright © 2017 Inderscience Enterprises Ltd.
2017
Autores
Fernandes, V; Moreira, A; Daniel, AI;
Publicação
Handbook of Research on Entrepreneurial Development and Innovation Within Smart Cities - Advances in Environmental Engineering and Green Technologies
Abstract
2017
Autores
Silva, P; Moreira, AC;
Publicação
Exploring the Influence of Personal Values and Cultures in the Workplace
Abstract
Innovation is a driver of economic growth, wealth and prosperity. On the other hand, corruption emerges as a worldwide problem responsible for sapping resources, inequality, human suffering and poverty. This study hypothesizes that national culture, measured using Hofstede 's six cultural dimensions, have an impact on corruption and innovation, and that highly corrupt nations are less innovative. Data were obtained from Hofstede's, Transparency International, and Global Innovation websites for the year 2012. The findings support the claim that most national culture aspects have an impact on corruption, although their impact on innovation is less measurable. Corruption was found to have a strong and negative effect on innovation. Our results draw attention to the usefulness of Hofstede's six-dimension framework in research and the need for further analysis on how corruption influences innovation through mechanisms other than national culture.
2017
Autores
Moreira, AC; Da Silva, PMF; Ferreira Moutinho, VM;
Publicação
Innovar
Abstract
This article seeks to add to the body of knowledge on the role played by brand experience and its relationship with satisfaction, trust and service quality in the development of loyalty. Structural Equation Modelling (sem) is used to analyze 690 telecommunications multiple-play users in the Portuguese telecommunications market. Our conclusions show that brand experiences can be used to generate loyalty, trust and quality perceptions; although satisfaction was confirmed to be the main loyalty predictor, service quality has an important indirect effect. In order to build customer loyalty, marketers must manage brand experiences, service quality, satisfaction and trust. Brand experiences can be explored as a way to differentiate services, to change customers’ perceptions toward a brand and, ultimately, lead to customer retention. Furthermore, providing reliable services is of the utmost importance for service providers.
2017
Autores
Mota, JHF; Moreira, AC;
Publicação
SOUTH AFRICAN JOURNAL OF ECONOMIC AND MANAGEMENT SCIENCES
Abstract
Background: This article seeks to complement the previous literature and clarify the particularities of the capital structure policy of firms with foreign direct investment in Angola. Aim: This article seeks to identify the determinants of the capital structure of Portuguese firms with direct investment in Angola and to understand whether the determinants normally considered by standard finance theory are in line with those used by firms when structuring their capital structure policy to participate in the specific market of Angola. Setting: This article examines 26 large Portuguese firms with investments in Angola using econometric panel data for the period 2006-2010. Methods: The study applied fixed and random effects methods and panel-corrected standard errors that maintain efficiency and unbiased behaviour even in the presence of panel-level heteroscedasticity and contemporaneous correlation of observations among panels. Results: The results provide evidence that the determinants normally considered by standard finance theory are in fact - in terms of sign and coefficient dimension - those used by firms for structuring their capital structure policy when involved in the internationalisation process of entering Angola. Specifically, age, asset structure, return on assets and tangibility have a positive influence on the capital structure of Portuguese firms that have invested in Angola, while non-debt tax shields and liquidity have a negative influence on these companies' leverage ratios. When comparing our results with studies that have analysed the capital structure determinants of listed Portuguese firms - firms belonging to the PSI 20 Index and large firms in the Portuguese corporate sector - we found similarities in the sign and coefficient dimension of the determinants of capital structure. However, the profitability coefficient sign is in line with the trade-off framework (i.e. profitability is positively related to debt) but not with pecking order theory (i.e. profitability is negatively related to debt). Conclusion: Our results suggest that the high-growth Angolan market is seen by larger Portuguese firms as a low-risk diversification process because of the economic hardship Portugal has gone through, as well as cultural and linguistic similarities to Portugal. As such, the Angolan market is seen as an extension of the Portuguese domestic market that has increased potential. This scenario potentially reduces the firm default probability and the cost of debt. Maintaining the tax shield benefits of debt and decreasing the cost of debt - through a reduction in the default probability - have induced profitable firms to use more debt.
2024
Autores
Zimmermann R.; Ferreira L.M.D.F.; Moreira A.C.;
Publicação
Lecture Notes in Mechanical Engineering
Abstract
This paper analyses how the harmonization between supply and demand uncertainty and supply chain responsiveness (SC fit) impacts business performance. The study analyses data obtained from a sample of 179 manufacturing companies from Portugal. The business performance of companies with different types of SC fit (high-high fit and low-low fit) and misfit (positive and negative) were analyzed and discussed. The results indicate that SC fit is positively related to business performance, economic and productivity, and commercial performance separately. This study advances the literature as the results indicate that SC fit positively affects both commercial and economic, and productivity performance. In contrast, previous empirical studies have mainly addressed the impact only on financial and operational performance.
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