Ernst Verwaal

KU Leuven | ku leuven · Leuven Faculty of Economics and Business

Research Summary Despite the prominence of International Organization for Standardization (ISO) 14001 certification as a global strategy instrument, there is persistent doubt about its effectiveness as a value‐generating tool, especially for multinational corporations (MNCs). This study draws on institutional theory to explain the varying market va...

This article analyzes the influence of burnout syndrome on healthcare professionals’ organizational commitment. The extant literature debates the conceptual independence of burnout and organizational commitment. This study contributes to the debate by empirically validating the independence of the two constructs and analyzing the relationship betwe...

This article analyzes the influence of burnout syndrome on healthcare professionals’ organizational commitment. The extant literature debates the conceptual independence of burnout and organizational commitment. This study contributes to the debate by empirically validating the independence of the two constructs and analyzing the relationship betwe...

The extent knowledge management literature considers the influence of culture on job satisfaction and knowledge behaviour as vital to organisational performance. However, the specific relationships between these variables has not yet been described and empirically verified in a comprehensive model. This study aims to describe the detailed theoretic...

Este artigo buscou analisar as configurações da transferência do conhecimento e da maturidade da gestão do conhecimento em uma organização pública de ensino superior. Foi realizada uma pesquisa quantitativa e descritiva, utilizando estatística uni e bivariada para análise dos construtos. Os resultados mostraram que a transferência do conheciment...

Almost two decades ago, Prahalad and Hammond [Harv Bus Rev, 80(9):48–59, 2002] introduced the base/bottom of the pyramid (BOP) approach to profitably serving the poor with business models adapted from developed markets while alleviating poverty. In response to disappointing results and ethical criticism, the BOP approach evolved from a just-for-pro...

This research aims to compare the cultural dimensions of the automotive industry in three countries, Brazil, Argentina, Mexico and discuss Hofstede model. Were using two techniques of analysis, the first being described in the model of Hofstede and Minkov (2013) and the second using the statistical technique indicated by critics of the model (McSwe...

Buscou-se analisar a influência da síndrome de burnout no comprometimento organizacional em profissionais de saúde. Trata-se de uma pesquisa descritiva, com uso da modelagem de equações estruturais. Foram escolhidos hospitais, clínicas de tratamento e casas de apoio localizadas na cidade de Montes Claros-MG, sendo investigados todos os funcionários...

This study examines how a research intermediary can successfully manage collaboration among research partners, while mitigating resource dependence in multi-partner programs. For that purpose, two fundamentally different strategies are explored: tertius gaudens and tertius iungens. Previous literature has not addressed the possibility that the effe...

Social enterprises can profit by creating social value at the base of the pyramid (BOP), thereby simultaneously helping the poor and enhancing financial performance. We submit that social impact has a positive influence on financial performance and that this relationship is positively moderated by institutional quality. We make a distinction betwee...

No campo de estudo do empreendedorismo diferentes linhas temáticas têm dividido pesquisadores e contribuído para o desenvolvimento da área. Uma dessas linhas é a orientação empreendedora que trata do empreendedorismo no nível da organização. O artigo é uma revisão da literatura na qual se discorre a respeito da evolução do conceito da orientação em...

Purpose The paper aims to analyze the effect of cultural, social and psychological capital on the individual job performance. We propose and empirically test a combination of models, which originate from sociology and positive psychology, and demonstrate that cultural capital - in addition to social and psychological capital- is an important drive...

Access to complementary resources through strategic equity alliance networks is an important activity for both smaller and larger firms. In the literature, there is an intensive debate on the impact of alliance resources for smaller firms. We submit that the effect of alliance resources on the smaller firm financial performance depends on the attri...

Global outsourcing can be an effective strategy to reduce costs and gain access to worldwide knowledge, however, research reports conflicting results regarding its performance effects. Building on knowledge and relational capital literatures, I submit that firms experience higher cognitive and normative barriers in knowledge exchange in global outs...

We investigate how the relational capital of a person within an organization affects the extent to which she or he conducts exploration activities. Our theory separates out a negative effect that comes from aligning goals with other organizational members from a positive effect that stems from acquiring knowledge from them. Our data from 150 member...

Literature has suggested that strategic flexibility is, in fact, a bidimensional concept comprising strategic speed and strategic variety, but empirical studies have treated this variable as one-dimensional. Building on resource contingency theory we develop a theoretical framework that links strategic flexibility and its constituent parts (i.e. st...

We investigate how the relational capital of a person within an organization affects the extent to which she or he conducts exploration activities. Our theory separates out a negative effect that comes from aligning goals with other organizational members from a positive effect that stems from acquiring knowledge from them. Our data from 150 member...

This study explores how small entrepreneurial firms can generate income from the resources available in global alliance networks. Building on arguments developed in the network alliance literature, we assume that small entrepreneurial firms create more value from global alliance network resources than large firms, and that large R&D-intensive firms...

In this paper, we attempt to reconcile contingency and institutional fit approaches concerning the organization—environment relationship. Whereas prior scholarly research has examined both theories and compared their impacts on organizational fit and performance, we lay the groundwork for a metafit approach by investigating how contingency and inst...

The increasingly dynamic nature of organizational environments has led the research community to study organizational flexibility. Although the research literature stresses the complexity of the organizational flexibility construct, it lacks a comprehensive empirical study addressing the relationships among various dimensions of organizational flex...

It has been 25years since the publication of a comprehensive review of the full spectrum of sales-performance drivers. This study takes stock of the contemporary field and synthesizes empirical evidence from the period 1982–2008. The authors revise the classification scheme for sales performance determinants devised by Walker et al. (1977) and esti...

Critics claim that short-term profit orientation and high deal price strategies of private equity (PE) firms can negatively affect the ability of management buyouts to initiate and sustain entrepreneurial management. This study investigates this claim by comparing effects of majority PE backed and other buy-outs at different levels of financial lev...

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Drawing from the resource-based view and transaction costs economics, we develop a theoretical framework to explain why small and large firms face different levels of resource access needs and resource access capabilities, which mediate the relationship between firm size and hybrid governance. Employing a sample of 317 venture capital firms, drawn...

It has been twenty-five years since the publication of a comprehensive review of the full spectrum of sales-performance drivers. This study takes stock of the contemporary field and synthesizes empirical evidence from the period 1982–2008. The authors revise the classification scheme for sales performance determinants devised by Walker, Churchill...

This study integrates the concepts of value creation and value claiming into a theoretical framework that emphasizes the dependence of resource value maximization on value-claiming motivations in outsourcing decisions. To test this theoretical framework, it develops refutable implications to explain the firm's outsourcing decision, and it uses data...

The present paper examines the role of organisational learning and transaction costs economics in strategic outsourcing decisions. Interorganisational learning is critical to competitive success, and organisations often learn more effectively by collaborating with other organisations. However, learning processes may also complicate the process of f...

The empirical literature on the relationship between corporate entrepreneurship and business performance shows in general a positive correlate (Zahra, Jennings and Kuratko, 1999). However, it is not clear if after the buy-out corporate entrepreneurship increases and positively effects post-buyout performance (Wright et al. 2000). In the present stu...

Purpose The purpose of this paper is to summarize the accumulated body of knowledge on the performance of new product projects and provide directions for further research. Design/methodology/approach Using a refined classification of antecedents of new product project performance the research results are meta‐analyzed in the literature in order to...

This paper examines the process of creating and exploiting synergies between business units of a multi-unit corporation and the creation of internal value by combining and exploiting knowledge. It offers a framework to create and manage such synergies and undertakes an empirical test through in-depth study across three business units of Royal Vopak...

The present paper examines firm size effects on the decision of venture capital firms to participate in a venture capital investment syndication network. The authors submit that firm size effects in venture capital syndication are dependent on resource acquisition motives and transaction cost considerations. Analysis of 317 venture capital firms in...

Drawing on agency and flexible capability perspectives, the authors develop a theoretical framework explaining the impact of ownership structure on organisational flexibility and store performance in retail chains. The researchers argue that franchised stores attract more entrepreneurial managers with more flexible capabilities and they have a stro...

Purpose: The purpose of this paper is to summarize the accumulated body of knowledge on the performance of new product projects and provide directions for further research. Design/methodology/approach: Using a refined classification of antecedents of new product project performance the research results are meta-analyzed in the literature in order t...

We introduce a new hybrid approach to joint estimation of Value at Risk (VaR) and Expected Shortfall (ES) for high quantiles of return distributions. We investigate the relative performance of VaR and ES models using daily returns for sixteen stock market indices (eight from developed and eight from emerging markets) prior to and during the 2008 fi...

In dit artikel wordt onderzocht in hoeverre culturele afstand en landspecifieke ervaring invloed hebben op de waardecreatie bij grensoverschrijdende overnames. Hoewel nationale cultuurverschillen vooral worden geassocieerd met negatieve effecten, blijken aandeelhouders deze verschillen eerder positief dan negatief te beoordelen. Uit het onderzoek b...

The authors identify a number of drivers of supply network governance, a widely appraised governance form aimed at reaping the benefits of both vertical integration and market exchange. Case studies conducted in the Dutch chemical industry are used to explore these drivers. The findings identify interdependence of organizational activities and asse...

Customs are generally perceived as a time-consuming impediment to international trade. However, few studies have empirically examined the determinants and the impact of this type of government-imposed transaction costs. This paper analyses the role of firm size as a determinant of customs-related transaction costs, as well as the effect of firm siz...

The present paper integrates the concepts of resource heterogeneity and transaction costs into a single theoretical framework, which emphasizes both resource value maximization and transaction costs efficiency in firms' vertical integration decisions. From this theoretical framework, we develop refutable implications to explain the firm's intent to...

Instead of abolishing internal border controls in 1993, the European Union (EU) replaced them with VAT and statistical requirements that appear to be just as onerous. For Dutch businesses, the compliance costs of the new requirements are, on average, 5 per cent of the value of their intra-EU trade. The figure is probably higher for other EU Member...

This paper presents a transaction costs analysis of the firm size and export intensity relationship. We submit that relation-specific investments and the costs of safeguarding these investments play a significant role in export relationships. Firm size related differences with respect to these factors are used to explain the different relationships...

Administratieve verplichtingen en vertragingen, die zijn verbonden aan douaneprocedures, kunnen aanzienlijke kosten met zich meebrengen bij internationale transacties. Weinig studies hebben deze kosten echter empirisch onderzocht. In dit artikel onderzoeken wij de omvang en de determinanten van de kosten van douaneprocedures en het effect van deze...

This paper presents a unifying theory, explaining the different relationships between firm size and export intensity that have been found in previous studies. We propose that transaction costs economies and different types of resources induce a moderating effect on the firm size and export intensity relationship. Data on international businesses in...

Firm Size and Organizational Flexibility Large firms are at a resource advantage vis á vis smaller firms through superior access to resources, greater market power and recognition, and economies of scale and scope. Small firms are assumed to counter these resource disadvantages with flexibility. The flexibility argument, however, is often presented...

ABSTRACT This study develops,and tests a diametric perspective on the effects of firm size on strategic flexibility. Drawing,from,dynamic,capabilities and,organization,design literature, this paper argues that large size is positivelyassociated with the capacity to