Mário Gomes Augusto

• PhD
• University of Coimbra

This study examines the impact of personal versus business loans and soft information on the funding performance of prosocial peer-to-peer crowdfunding in European transition economies. Using 29,432 microloans collected from Kiva (2011–2018 period) and a censored tobit regression on funding speed, we find that personal loans produce quicker funding...

Purpose This study aims to clarify the influence of different CEO’s political orientation (liberal/conservative) and corporate political activity on ESG performance, considering contingencies related to CEO attributes and corporate governance mechanisms. Design/methodology/approach Using a sample of 131 companies from the Standard and Poor’s 500 i...

Purpose The effects of ownership concentration on firm performance usually considers two conflicting perspectives: monitoring and expropriation hypotheses. Past studies have produced mix findings. This study aims to shed light on this relationship by focusing on a specific measure of firm performance, firm growth. The moderating effect of industry...

This book emerges within the context of the project “The role of microcredit in promoting financial and social inclusion” (funded by FCT-Fundação para a Ciência e a Tecnologia, I.P., Project PTDC/EGE-OGE/31246/2017), with the purpose to shed light on the microfinance and entrepreneurial finance puzzle, particularly on the outcomes of microfinance (...

The COVID-19 impact on global poverty dragged another 97 million people into poverty in 2020. Nonetheless, there is scant evidence reporting on the impacts on alternative means of financing designed to enable the poor during this global health crisis. This paper addresses this gap of funding impoverished entrepreneurs by studying the changes in the...

Purpose Focusing on municipalities, this study aims to examine whether citizens’ engagement with local public administration activities on Facebook can have a positive effect on citizens’ trust. Design/methodology/approach Using data from 333 citizens and resorting to structural equation modelling, a conceptual model is tested. Findings The resul...

Despite the relevance of crowdfunding as a financing tool for underrepresented entrepreneurs, prior research pays scant attention to the funding gap for refugee entrepreneurs. Using a composite framework that integrates both entrepreneurship research and signalling theory, the current study investigates how microfinance institutions (MFIs) and refu...

Purpose This research aims to investigate the influence of country culture on the next generation's intention to become managerial leaders of the family business, focussing on institutional and in-group collectivism practices. The authors investigate not only the direct effect of these collectivism practices on next-generation engagement, but also...

This study investigates the impact of political connections of members of banks’ Boards of Directors on these boards’ remuneration, and the influence of gender diversity on this impact. Using a panel of observations on 69 eurozone banks supervised by the ECB for the period 2011 to 2019, and the generalized method of moments (GMM), our empirical res...

This study investigates the impact of earnings management on the efficiency of Eurozone banks, examining its chronological evolution until the implementation of International Financial Reporting Standard 9. Using data on 70 banks, we find that earnings management, defined as discretionary loan loss provisions, negatively affects efficiency. Meanwhi...

The present study is focused on the renegotiation of small debt contracts for small and medium-sized enterprises (SMEs). We use a proprietary database from a Brazilian bank and find that, when compared to large loans, the probability of renegotiation of small loans is much lower. We argue that this is due to the lack of ex-ante contingencies in thi...

Financial inclusion is a vital development policy concern; different combinations and conditions of access to (supply) and use of (demand) financial services may predict levels of financial inclusion. With a fuzzy set qualitative comparative analysis, conducted across 61 countries worldwide, the current research establishes that financial literacy...

This study investigates the impact of earnings management on the efficiency of Eurozone banks, examining its chronological evolution until the implementation of International Financial Reporting Standard 9. Using data on 70 banks, we find that efficiency is negatively affected by earnings management, measured by discretionary loan loss provisions....

This study examined the influence of different value dimensions of gamification on two important marketing outcomes, brand loyalty and word‐of‐mouth (WOM), using a mixed methods approach. A fuzzy‐set qualitative comparative analysis (fs/QCA) is employed alongside structural equation modeling (SEM). These methods showcase nuances that contribute to...

The tourism literature recognises the importance of resilience to crises, but little is known about how tourism firms become resilient. In particular, the use of corporate social responsibility (CSR) as a risk-reduction strategy has been identified as an important gap in the literature. Aiming to fill this gap and adopt a more integrative view, thi...

Brands provide a means for consumers to present the self, expressing their inner selves (the ‘real me’), or their social selves (how others see me). With the rise in social media use, academics and practitioners seek to understand how consumers’ self-expression through following brands online leads to brand outcomes. This study investigates the inn...

Diversity Abstract Purpose-The present study investigates the effect of gender diversity on the impact of board members' political connections on banking performance. Design/methodology/approach-This paper use panel data on 83 banks supervised by the European Central Bank (ECB) for the period 2013-2017, and the GMM methodology. Findings-The results...

Purpose Drawing on consumer brand relationship theory, this study aims to investigate online brand engagement, brand trust and consumer brand identification as antecedents of brand love, amongst Generation Y and Z consumers. It explores the role of brand love in predicting consumers’ intention to co-create value and willingness to pay a premium pri...

To provide new insights into the determinants of fundraising success for loans requested by refugees on a prosocial peer-to-peer (P2P) platform, this study investigates more than 180,000 business loan campaigns during 2015–2018. The leading online P2P platform offers access to financing for refugee entrepreneurs in developing countries, and the ben...

Call For Book Chapters: "Microfinance: intervention in challenging contexts" Book to be published by Springer - Accounting, Finance, Sustainability, Governance & Fraud: Theory and Application. Book series indexed to Scopus. Proposal Submissions deadline: 20 September 2021. More info: https://45au0q.s.cld.pt E-mail: microcredito@ubi.pt

A limited 50 free copies of this article are available. Get one in the link: https://www.tandfonline.com/eprint/XZBHWWXWCTRFYZSGBJTT/full?target=10.1080/00036846.2021.1927968 This study addresses the successive calls to better understand the contexts of crowdfunding as well as the interplay between social and financial factors in driving lender de...

Purpose This study examines how stewardship might mediate the influence of family ownership on firm financial performance. The authors argue that differences in financial performance may reflect not only the family's influence but also the prevalence of a stewardship-oriented culture, across varying degrees of family influence. Design/methodology/...

This study examines the influence of digitalisation and social entrepreneurship on national well-being. Taking a configurational approach, the results show that digitalisation can benefit national well-being if the country has an adequate educational system, good governance, and a philanthropy-oriented financial system. Digitalisation can leverage...

Purpose This study aims to investigate the role of board gender diversity in explaining the effects of board members’ political connections on banking performance in the Eurozone. Design/methodology/approach This paper analyses panel data on 83 banks supervised by the European Central Bank (ECB) for the period 2013–2017, using a generalized moment...

The present study investigates the effect of gender diversity on the impact of board members' political connections on banking performance. Using panel data on 83 banks supervised by the European Central Bank (ECB) for the period 2013-2017, our results suggest that when gender diversity is high, there is a U-shaped nonlinear relationship between po...

The advertising and marketing literature have established that celebrity endorsements constitute an effective way to enhance attitudes toward brands and increase purchase intents. However, there are no relevant studies on digital influencers. This study addresses the research gap by examining the effect of digital influencers' attractiveness and th...

Purpose The purpose of this paper is to better understand complementarities-in-performance of three forms of innovations: product innovation, process innovation and organizational innovation. Additionally, complementarities-in-use for product innovation are examined, considering an additional condition: manufacturing flexibility. Design/methodolog...

This study aims to model the conditions that lead to existing customers’ resilience to negative information in the context of the airline industry. In doing so, the study examines the role of electronic word-of-mouth, considering the commitment-consistency principle. Fuzzy-set qualitative comparative analysis is employed along with structural equat...

The relation between performance and board size (BS) is analysed in the American and European contexts. It is found that return on assets (ROA) depends on BS defined as an endogenous explanatory variable. This potentially non-monotonous effect is modelled by introducing firm size and number of segments by board member as explanatory variables for R...

The growth dynamics of firms have been object of numerous studies by econophysicists. The vast majority of these studies was done for large developed countries including the United States of America (US), France and Italy. These studies were conducted for countries with strong economies and whose business fabric has different characteristics from c...

Academics and practitioners have been applying equity valuation methods mainly based on discount cash flow models, residual income models or dividend discount models combined with balance sheet and income statement multiples of market comparables to analyse share price and to provide price targets for investors or even base for transactions such as...

Purpose This study examines the impact of social media activities on consumers’ willingness to pay a premium price (WTPp) in the banking industry, and investigates the role of consumer-brand identification (CBI) on this relationship. For the first time, the effect of electronic word-of-mouth (eWOM) is considered separately from other social media...

This paper examines the process that leads to resilience to negative information and purchase intentions in a digital environment. A conceptual framework is proposed and tested using a sample of retail banking customers and an application of the structural equation models. The results suggest that consumer behavior in digital settings is more influ...

Purpose The purpose of this paper is to better understand the connection between culture and entrepreneurship in proposing and testing complex configurations of culturally endorsed implicit leadership theories (CLTs) and cultural practices that lead to entrepreneurial behaviour by studying entrepreneurial intentions (EI) and early-stage entreprene...

The aim of this research is to investigate the influence of brand attitude (BAtt) and electronic word-of-mouth (eWOM) on the willingness of customers to pay premium prices (WTPp) in the banking industry. The proposed conceptual model includes a full mediation of consumer-brand identification and consumer-based brand equity. The data was gathered th...

The objective of this paper is to explore the necessary and sufficient conditions to obtain high consumer-brand identification (CBI) and high repurchase intentions (Rep). Different from most business research on CBI and Rep that is based on symmetric thinking, this paper uses asymmetric analytics and performs fuzzy set qualitative comparative analy...

This paper proposes a hurdle model of repayment behaviour in loans with fixed instalments. Using information on previous and current contracts, the approach yields a model of customer behaviour, useful, for example, in assessing the impact of determinants of default, a natural concern for credit and behavioural scoring. Under plausible assumptions,...

This study examines the stewardship mediation of family influence (power, experience, and culture) on family-owned business performance. We hypothesize that differences in organizational performance (financial and non–financial) are driven not only by family influence or lack thereof but also by the prevalence of stewardship relationships within th...

This research studies the path to brand loyalty in the beer market, and tests a model that integrates consumer-brand identification with the factors that are usually considered as predictors of brand loyalty (perceived value, consumer satisfaction, and trust). For this purpose an application of structural equation modelling was used and a sample of...

This research studies whether Executive MBA student's participation in a business strategy simulation course significantly impacts on self-perceptions of their strategic competencies and decision style, which involves crossing psychological and strategy fields, and aims to contribute to the development of theoretical management and educational insi...

ABSTRACT This research analyses how the interaction between strategy capabilities, strategy types, strategy formulation quality and implementation capability affect organizational performance in Brazilian textiles companies. This article proposes and tests a conceptual framework, using a structural equation modeling of a set of 211 valid questionna...

This study aims to describe the size distribution of Portuguese firms, as measured by annual sales and total assets, between 2006 and 2012, giving an economic interpretation for the evolution of the distribution along the time. Three distributions are fitted to data: the lognormal, the Pareto (and as a particular case Zipf) and the Simplified Canon...

This article analyses whether firms use risk management instruments for hedging or speculative purposes. First, by analysing the relationship between the firm’s stock returns and financial risks in 567 Euronext firms, we measure the firm’s exposure to risk. Next, we investigate the effect of hedging in such exposures, addressing simultaneously the...

Este artigo propón un método diferente para identificar a curto prazo cambios na actividade económica. Usamos unha perspectiva baseada nas opinións de varios recoñecidos economistas españois e portugueses sobre a importancia dun grupo de indicadores individuais aceptados de forma xeral, que poidan avaliar a situación económica. O obxectivo do artig...

Purpose – The purpose of this paper is to analyse the causal relationships among the dimensions that explain consumer-based brand equity, and to determine the importance of each dimension in the assessment of overall brand equity. Design/methodology/approach – A research instrument proposed by Yoo and Donthu was applied to undergraduate students o...

It isa fact that the uncertainty about a firm's future has to be measured and incorporated into a company's valuation throughout the explicit analysis period - in the continuing or terminal value within valuation models. One of the concerns that can influence the continuing value of enterprises, which is not explicitly considered in traditional val...

This paper provides new evidence for the relationship between the nature of banking relationships, managerial ownership and operational performance in supporting reciprocal effects between these variables in the context of small and medium enterprises (SMEs). A simultaneous equations model was applied to a sample of 4,163 Portuguese SMEs and to cro...

This paper provides new evidence for the relationship between the stability of the banking relationship, ownership concentration and operating profitability, supporting non-linear effects between those variables in the context of small and medium enterprises (SMEs). From a sample of 4,163 Portuguese SMEs and cross-section data and panel data, we fo...

The literature emphasises the need to integrate innovation initiatives under the umbrella of the total quality management (TQM) philosophy. Such integration is instrumental towards achieving and sustaining a superior organisational performance. Using a sample of 229 Portuguese manufacturing organisations, factor and regression analyses procedures w...

Company valuation models attempt to estimate the value of a company in two stages: (1) comprising of a period of explicit analysis and (2) based on unlimited production period of cash flows obtained through a mathematical approach of perpetuity, which is the terminal value. In general, these models, whether they belong to the Dividend Discount Mode...

This paper analyzes the causal relationship between the ownership concentration, insider ownership and operational performance using a sample of 4.163 Portuguese SMEs and panel data models. The main results show an endogenous and dynamic relationship between those variables. The quadratic specification established between ownership concentration an...

Using a sample of 229 Portuguese manufacturing organisations, this study examines the mediating role of innovation on the relationship between strategy and performance. Data was collected using questionnaire and a SEM was used to examine the relationships among strategy orientations, innovation and performance. In this study three strategy orientat...

s cegas dupla (double blind review). UNIVERSIDADE PRESBITERIANA MACKENZIE. Walter Bataglia (Ed.), p. 68-97. É permitido copiar, distribuir, exibir e transmitir essa obra; bem como criar obras derivadas, desde que se confira o devido crédito autoral e se referencie a publicação anterior na RAM (nome da revista, edição, ano e páginas) de forma explíc...

The dynamic relationships relevant to the competitive environment and competitive business methods utilised are examined for a sample of 107 hospitals with different operational characteristics. The data collected was analysed utilising a structural equation modeling approach. The results of the analysis clearly show that the effective implementati...

Creative frontline service employees may be crucial in ensuring organizational performance. However, scant research has investigated the antecedents of service employee creativity. This research applies Role Theory to enlighten this issue. The findings reveal that: role conflict and role ambiguity have opposing effects on creativity; Role Theory co...

This study provides new evidence for the interdependency between capital structure and dividend policies, considering investment as a decision variable and taking into account a number of corporate attributes that may have the potential to influence these decisions. The methodology used in this study recognises that each financial decision is a fun...

This study investigates the main and interactive effects of job characteristics on the creativity of frontline service employees. Past research investigates the link between job complexity, an index measure of job characteristics, and employee creativity. This study follows a component-wise approach in studying the influence of each job characteris...

Satisfaction of customers' needs is particularly dependent upon the customer orientation of frontline employees. Understanding the drivers of such orientation is, therefore, a key issue in current research. Research relating perceptions of organisational values with the customer orientation of employees is rather sparse. This topic is approached by...

The objective of this study is to investigate the strategic factors that influence the overall performance of manufacturing organisations in different industries. Strategic groups were identified using cluster analysis and their overall performance was evaluated. Structural equation modelling was used to verify the existence of significant linkages...

The aim of this work is to review and systematise the literature on how bank relationships, corporate governance and the interdependence between them can influence corporate performance. The banks and the enterprises establish relationships which enable them to overcome problems of asymmetrical information thereby alleviating difficulties felt in o...

Recently, there has been a keen research interest in exploring the relationship between market orientation and new product development. The empirical results, however, are mixed, and this means that we do not fully understand these linkages. Furthermore, research concerning the antecedents of new-to-the-world products has focused on the study of a...

This study examines the strategic and operational outcomes of effective implementation of quality improvement initiatives in different service operational environments. Using a sample of 354 service organisations, this study utilises a structural equation modelling (SEM) approach to investigate the effectiveness of quality improvement initiatives....

This work studies the leverage effect on the return on equity in 17 European Union countries, in 14 economic sectors and in greater detail in five Southern European countries which are operating in the tourism and electrical and electronic sectors. The return on equity was used as a measure of the financial leverage effect. The main results indicat...

Job design is an effective manner for influencing the conduct of employees. However, research has not yet considered how job characteristics are associated with other organizational factors to promote employee attitudes and behaviors in a more sustainable way. The authors develop a structural model that addresses this gap with data from services. T...

This article presents a conceptual benchmarking framework which applies a multiple criteria approach to assess performance. In the process, a multiple criteria procedure is used to assess the performance of three hundred and ninety two (392) Portuguese firms. Based on the results of this procedure, a conceptual framework is devised to facilitate ad...

Purpose To propose a multi‐criteria approach for ranking the performance of the economic sectors of the Portuguese economy and to identify the most attractive sectors. Design/methodology/approach A multi‐criteria approach using ELECTRE III and SRF software for eliciting the weights of criteria is used to solve the ranking problem statement. Findi...

Given the highly contentious atmosphere about the impact of internationalization in corporate tax burdens - due to transfer prices, thin capitalization, tax shelters and other suspects - and the lack of research, in Portugal, about this topic, the purpose of this paper is to present empirical evidence on the relation between internationalization an...

Neste trabalho procurámos analisar a influência da dimensão da empresa na sua rendibilidade. Partindo de uma amostra de 301 empresas da indústria transformadora portuguesa e utilizando um modelo com dois factores procurou-se determinar se existem ou não diferenças significativas em termos de rendibilidade nas empresas pertencentes a diferentes clas...