From altruistic values to sustainable entrepreneurial intention: A multiple mediation analysis using the value-attitude-behavior framework in Latin America.

Research methodology This case study is developed using secondary data from publicly available sources, including news articles, reports and government publications about the cancellation of the New Mexico City International Airport (NAIM). This approach is useful to understand individual, group, organisational, social, political and related phenomena involving a contemporary set of events to explore the complexity and richness of the phenomenon of study, namely, the termination of infrastructure megaprojects. While the details about Rodrigo Montes de la Vega and his role in Grupo Aeroportuario de la Ciudad de México are fictional, the scenario is inspired by real-world challenges and decision-making processes faced by leaders during the termination of large-scale infrastructure projects. By combining factual context with a fictional character, the case provides a realistic but imaginative framework for analysing leadership dilemmas, organisational resistance to change and the broader implications of political decisions on public projects. Case overview/synopsis The cancellation of the NAIM by President Andrés Manuel López Obrador represents one of the most controversial decisions in recent Mexican history. Initially conceived as a state-of-the-art infrastructure project to alleviate congestion at the existing airport, the NAIM was well underway, with billions of pesos already invested. However, upon taking office, Lopez Obrador cancelled the project, citing financial concerns, environmental issues and a public consultation that favoured an alternative plan: converting the Santa Lucía military base into a commercial airport. Rodrigo Montes de la Vega, a young and ambitious Chair of the Board of Grupo Aeroportuario de la Ciudad de México (GACM), found himself at the centre of this controversy. As a key figure responsible for NAIM’s development, Rodrigo faced a profound dilemma. Should he support the government’s decision, preserving his career prospects but compromising his professional ethics and vision for the project? Or should he resist publicly, defending the NAIM’s merits but risking professional isolation and losing his ability to influence future decisions? This case examines Rodrigo’s tension-filled decision-making process, offering students an opportunity to explore how leaders navigate high-stakes choices involving conflicting interests, uncertain outcomes and organisational resistance to change. Complexity academic level This case is designed for students and professionals in engineering, business management and public policy who are interested in project management, organisational change and leadership decision-making. The case is particularly suitable for courses focused on project governance, decision-making under uncertainty and managing stakeholder resistance. It is versatile enough to be used at various academic and professional levels, including: The case encourages multidisciplinary thinking and fosters engagement among students from diverse academic backgrounds, making it a valuable teaching tool for institutions worldwide.

The article analyses the current state and prospects of development of domestic and international management. The main trends in management are considered, in particular, the impact of globalisation processes on business operations, the importance of technological innovations for improving the efficiency of management decisions, as well as the challenges of strategic and resource management in a highly competitive environment and limited resources. The main problems of management transformation in Ukraine and the key factors influencing its development are highlighted: the formation of organisational culture, improvement of communications, strategic management and social responsibility of business. Special attention is paid to the importance of flexibility and creativity of managers for successful adaptation to dynamic changes.

This paper investigates the emergence of design management as a professional practice through historical analysis of Michael Farr (Design Integration), founded in 1961 as Europe’s first independent design management consultancy. Drawing on materials from the V&A Archive of Art & Design, supported by secondary sources, it examines how MFDI occupied a jurisdictional gap between design practice and business management in post-war Britain. Using Abbott’s theory of professional jurisdiction, the study shows how Farr sought to define and legitimise this new professional role. A key influence was Bruce Archer and the emerging Design Methods movement, whose systematic approaches shaped MFDI’s organizational model and operational philosophy. Archer’s frameworks guided the coordination of remote freelance designers and the structuring of design processes. By analysing these early experiments, the paper sheds light on the challenges of professionalising design management, establishing legitimacy, and coordinating knowledge-intensive work – issues that still resonate in contemporary design practice and consultancy.

The presence of BUMDes is an important factor in improving the economy and community independence, such as through the village savings and loan program. However, the lack of socialization and inaccurate targeting of program recipients are problems that have implications for BUMDes capital turnover. This study aims to explain the optimization of the savings and loan program in BUMDes in realizing the economic independence of the community of Kalimanah Kulon Village, Kalimanah District, Purbalingga Regency. This study uses a qualitative case-study approach. Data were obtained through interviews, observations, and document analysis. The results show that the BUMDes savings and loan program is able to increase village income and community welfare, although it is still not optimal. In its implementation, there are several obstacles that have the potential to hinder the implementation of this program, including the issue of inadequate human resources, minimal business planning and innovation, and low community participation in loan repayment and BUMDes business management. Therefore, adequate planning by the village government to increase the capacity of managers and community participation, as well as strengthening institutions and collaboration with relevant stakeholders in BUMDes business management are important prerequisites for optimal program achievement. In addition, intensive and ongoing outreach to all levels of society regarding BUMDes programs is needed to ensure BUMDes can more optimally fulfill their role in improving village welfare and independence.

Business management is undergoing a profound transformation driven by the rapid advancement of technologies associated with Industry 4.0. Organizations are increasingly required to redesign strategies, structures, and operational processes to achieve agility, resilience, and sustainable competitiveness in dynamic and technology-intensive environments. Business Management 4.0 (BM4.0) reflects this emerging paradigm by integrating advanced digital technologies into core managerial functions and enabling intelligent, data-driven decision-making. This study conducts a systematic literature review of academic publications, industry reports, and documented case studies to examine how Industry 4.0 technologies are reshaping contemporary business management practices. The review synthesizes key technological developments and identifies major implementation challenges, including interoperability limitations, cybersecurity risks, and workforce capability gaps. It also highlights best practices adopted by organizations that have successfully leveraged digital technologies to enhance operational performance and strategic responsiveness. Building on these insights, the study proposes a comprehensive BM4.0 conceptual framework that integrates emerging technologies such as Artificial Intelligence, Internet of Things, Blockchain, robotics, and predictive analytics to support more adaptive and intelligent management systems. The framework encompasses seven interrelated dimensions: technological integration enabling real-time automation and decision-making; operational excellence through data-driven optimization; proactive management of interoperability, cybersecurity, and workforce challenges; development of scalable and resilient digital infrastructures; structured implementation roadmaps supported by stakeholder engagement and workforce readiness; continuous improvement through the define, measure, analyze, improve, control (DMAIC) methodology enhanced by AI and blockchain capabilities; and strategic alignment of organizational objectives with key performance indicators through advanced analytics. Together, these dimensions provide an actionable roadmap for organizations seeking to adopt Industry 4.0 technologies, address implementation barriers, and sustain long-term competitive advantage.

This study assessed the level of business adaptation on economic, regulatory, and technological factors among MSMEs in the municipalities of Bustos, Obando, and Pandi, Bulacan using descriptive - quantitative research design. It also assessed the differences in business adaptation levels, the status of strategic management practices, and the relationships of strategic management practices and business adaptation. Results indicate that MSMEs demonstrate high levels of adaptation to economic and regulatory factors, while technological adaptation remains moderate and uneven. Strategic management practices, particularly strategic planning, resource allocation, and performance monitoring and evaluation, are employed, though with varying consistency across municipalities and sectors. Regression analysis reveals that strategic management practices significantly predict business adaptation, with stronger effects observed in economic and regulatory factors and a moderate but significant influence on technological factors. Among the municipalities, Bustos exhibits the highest overall adaptive capacity, followed by Obando and Pandi, reflecting differences in management maturity and local business environments. Based on the empirical results, the study proposes business adaptation models for the selected municipalities that integrate significant external factors and strategic management practices into cohesive frameworks to guide MSMEs in enhancing adaptive capacity.

Accurate demand forecasting is critical in the retail industry, as it directly influences inventory management, pricing strategies, and overall business profitability. The increasing complexity of customer behavior, seasonal trends, and competitive market dynamics has made traditional forecasting methods less effective. Traditional retail systems primarily relied on manual analysis, historical averages, spreadsheets, or simple statistical methods. These approaches depended heavily on human judgment and past sales trends, offering limited accuracy and scalability. They also lacked automation, real-time prediction capabilities, and the ability to analyze complex relationships among multiple influencing factors, often resulting in overstocking or stock shortages. To address these limitations, the proposed system introduces a machine learning-based solution that automates the entire demand forecasting process. At the core of the system is a hybrid TabNet-Enhanced eXtreme Gradient Boosting (XGBoost) regression model, which leverages the feature learning capabilities of TabNet alongside the predictive power of XGBoost. TabNet effectively extracts important feature representations from tabular retail data, while XGBoost captures non-linear relationships and interactions among features. In addition to the proposed model, baseline models including K-Nearest Neighbors (KNN), Decision Tree Regressor (DTR), and Gradient Boosting Regressor (GBR) are implemented for performance comparison. Experimental results show that the hybrid TabNet-XGBoost model outperforms traditional models, achieving higher accuracy, improved R² scores, and lower error metrics. The system is deployed through a Flask-based interactive desktop interface, providing role-based access that allows AIML Engineers to perform model training, exploratory data analysis, and performance evaluation, while Retailers can perform real-time demand and discount predictions.

The superior and distinctive craft product of Budaga Village is bell craftsmanship. The bells produced in Budaga Village are considered superior due to their high quality, which is supported by the careful selection and composition of raw materials used in the production process. The bell craft business, which is predominantly carried out by the local community, is classified as a Micro, Small, and Medium Enterprise (MSME) on a household industrial scale. Over time, small-scale businesses such as this often experience fluctuations in their performance. To date, the Ratna Sarin Sekar Kuning Bell Craftsmen Group has marketed its products primarily through conventional methods. Therefore, the community service team provides training and assistance related to online promotion to expand market reach. In addition, the team offers counseling on the importance of Occupational Health and Safety (K3) and provides support in preparing simple financial reports based on SAK-EMKM standards. Through guidance and assistance in effective business management, craftsmen are expected to manage their businesses more sustainably in terms of production, marketing, and financial management.

Sharia marketing strategies in micro, small, and medium enterprises (MSMEs) have received attention in several studies, but research that specifically discusses the integration of the marketing mix (4P) with the functions of sharia business management (POAC) in facing modern market competition remains limited. This study aims to analyze the implementation of sharia marketing strategies and their management from the perspective of sharia business management at Toko Ikhlas MSME in Nagari Koto Baru, IV Nagari Subdistrict, Sijunjung Regency. This study employed a qualitative approach with a case study design, involving the main informants, namely the business owner, employees, and customers selected through purposive sampling. Data were collected through in-depth interviews, direct observation, and documentation, and were then analyzed using interactive analysis techniques through the stages of data reduction, data presentation, and conclusion drawing. The results showed that Toko Ikhlas had implemented sharia marketing strategies through the marketing mix, which includes product, price, place, and promotion, adjusted to community needs and sharia values such as honesty and justice. In addition, the functions of sharia business management, which include planning, organizing, actuating, and controlling, had been implemented, although they were still simple and had not yet been formally documented. These findings contribute to the development of sharia business management theory and broaden understanding of sharia marketing practices at the MSME level. The conclusion of this study affirms the importance of integrating sharia marketing strategies with systematic business management in facing modern market competition, while also indicating the need to enhance the use of digital technology and business planning among MSME actors.

The study aims to develop the theory of entrepreneurship and the economics of innovation through the lens of the sustainable development and ESG transformation concept. The subject of the research is the process of fundamental change in a firm's business model and management system, aimed at integrating environmental, social, and governance factors. The object of the research is a firm as an innovative and entrepreneurial entity in the context of a new economic paradigm. The purpose of the study is to theoretically substantiate the revision of the key determinants of a company's competitive advantage and long-term value in the context of ESG transformation. The scientific task is to develop a conceptual model that reveals the mechanism of transformation of ESG factors from a risk management element into a strategic resource that forms new barriers to entry and sources of rent in the innovation economy. Methods of system analysis, modeling, scenario analysis, and comparative analysis were used to conduct the research. As a result, the following main results can be noted. The concept of ESG transformation as an economic imperative has been unified, and key value and risk drivers have been identified. A structure for cost-benefit analysis is presented, demonstrating that the integration of ESG principles is a strategic investment, repaid through risk management, access to "green capital", and the strengthening of intangible assets. A framework for integrating climate scenarios into a valuation model has been developed, overcoming the limitations of traditional financial models. The theoretical contribution is to develop the theory of entrepreneurship and the economics of innovation by integrating the concept of ESG transformation into the analysis of sources of competitive advantage and the dynamics of industry competition. A model is proposed where sustainability is not an external constraint, but the core of an innovative business model that rebuilds value chains and the competitive landscape. The study concludes with recommendations for firms in the aspect of ESG transformation.

This study examined spoilage management practices and financial performance among small-scale greengrocers using a quantitative, descriptive-correlational design. Eighty- nine greengrocers, 65 vegetable and 24 fruit vendors, were randomly sampled. Data were collected through a researcher-made questionnaire alongside an adopted standardized instrument. Descriptive statistics were presented using means and standard deviations, while inferential analyses employed Independent t-test, Mann–Whitney U test, Spearman’s rank correlation, and Multiple linear regression. Results showed that spoilage management practices were generally great, with procurement and handling rated very great, transportation and storage rated great, but disposal practices were notably low. The overall financial performance was high, and similar high result was found in sales and cost, but profit obtained low result. The extent of spoilage management practices was found to be great across profile variables when categorized by nature of product, capitalization, and years of business operation. Similarly, the level of financial performance remained high across these same categories. Furthermore, inferential analysis revealed no statistically significant differences in spoilage management practices among small-scale greengrocers when grouped according to their business profile. Financial performance did not differ significantly when grouped by capitalization and years of business operation. However, a statistically significant difference in financial performance was observed based on the nature of the product. Furthermore, no significant relationship was found between spoilage management practices and financial performance. The regression analysis indicated that business profile variables did not significantly predict financial performance. Hence, spoilage management practices and business profile were found to have no significant effect on the financial performance of small-scale greengrocers.

Gaining and sustaining a competitive advantage in a VUCA context characterized by Volatile environments; Uncertain outcomes; Complex operational networks; and Ambiguous decisions has made digital transformation key to effective business management. Dynamic capabilities provide a conceptual foundation that sheds light on digital transformation as a managerial phenomenon. Performing a literature review based on inductive method BIBGT (BIB = Bibliometrics; GT = Grounded Theory), which combines bibliometrics and grounded theory, we propose a process model that sequentially articulates three categories of digital transformation capabilities: digital sensing, digital seizing, and digital transforming. The study’s main contribution lies in distinguishing fifteen sub-capabilities involved in the three categories. Based on this model and discussion of the results, we provide recommendations to managers for successful digital transformations, and elaborate avenues for future research on digital transformation capabilities.

ABSTRACT The interest in financial literacy has led to its popularization in the finance literature in African countries as well as worldwide. However, considering the socio-economic and developmental status of the countries in the African continent, financial literacy is a more critical issue. Although there are studies on the subject worldwide, to the best of our knowledge, there is no research that comprehensively analyses the financial literacy literature in the African context. The aim of the present study is to fill this gap through a retrospective investigation of financial literacy studies in the African context by employing the method of bibliometric analysis. The results show a recent and rapid growth in the financial literacy literature, based on 336 publications indexed in the Scopus database. The results show that human development is a dominant research theme in studies related to financial literacy, but economics and business management is an emerging theme with the potential to be fully settled. As such, this study provides a comprehensive overview of financial literacy in the African context and opens up new avenues for future research.

To identify factors influencing veterinary students and recently graduated veterinarians in the desire to pursue practice ownership. This observational cross-sectional study distributed a 28-item online survey via social media and email from June to December 2024 to veterinary students and recent graduates (< 5 years) in the US. Participants ranked factors influencing practice ownership, and logistic regression analyses assessed associations with demographic characteristics, education, and previous experiences. We analyzed responses from 282 participants. Overall, 50.4% of participants aspired to own a practice. Among aspiring practice owners, the most frequently ranked reason was freedom to practice medicine how they desire, followed by job satisfaction and leadership opportunities. Conversely, among participants not interested in practice ownership, the most frequently ranked factor was the responsibility of practice ownership, followed by back-office tasks, liability and legal responsibilities, and stress/burnout. Logistic regression analyses revealed that men, Veterinary Business Management Association members, and those interested in/currently working in mixed-animal practice had higher odds of interest in practice ownership. Approximately 50% of participants reported an interest in practice ownership, a proportion higher than reported in profession-wide surveys. Consistent with prior research, barriers to practice ownership included the responsibilities associated with ownership and concerns about work-life balance. This study highlights the need to integrate more comprehensive practice management education into the veterinary curriculum. Experiential learning opportunities, such as externships focused on practice management or ownership, may help bridge gaps between clinical training and business skills.

The increasing trend towards digitalization of business processes of modern enterprises, the updating of HR policies of business entities in accordance with the principles of human-centeredness, and the popularization of the remote employment model have led to the combination of personnel management mechanisms and its motivational component with the digital business management ecosystem. This article examines the transformative impact of digital HR management on employee motivation systems in organizations. It explores modern digital management tools, including HRIS, big data analytics, LMS, gamification, and digital feedback platforms. It is determined that the digitalization of HR processes facilitates the transition from external to internal motivation, focused on competency development, employee autonomy, and their engagement in work. A comparative analysis of traditional and digital models of employee motivation is conducted, and their key differences and effectiveness are identified. It is shown that the implementation of digital tools allows for an increase in employee engagement, a reduction in staff turnover, and an increase in labor productivity. Significant differences between traditional and digital models of personnel motivation have been identified. The traditional system is based mainly on material incentives and periodic assessment of results, which limits its adaptability to rapid changes in the external environment. In contrast, the digital model is characterized by continuity of assessment, a high level of personalization of managerial influences and the use of data analytics for decision-making. It has been confirmed that the implementation of digital HR tools ensures increased efficiency of management processes, in particular through increased transparency of performance evaluation and efficiency of decision-making. The generalized results indicate an increase in the level of staff engagement to 80-86%, which is confirmed by analytical reports of Deloitte, McKinsey and research in the field of HR analytics. Practical recommendations are provided regarding the digitalization of motivational processes within an organization.

Although strategies for developing the patchouli oil business to increase community income have received attention in a number of studies, studies that specifically examine empirical conditions at the local level, particularly regarding price fluctuations, technological limitations, and their impact on community income, remain limited. This study aims to describe the strategy for developing the patchouli oil business in an effort to increase community income in Nagari Sarik, Luhak Nan Duo Subdistrict, West Pasaman Regency. This study employed a qualitative approach with a field research design, involving a number of informants consisting of patchouli farmers selected through purposive sampling. Data were collected through interviews, observation, and documentation, and were then analyzed using data reduction, data display, and conclusion drawing techniques. The results showed that the development of the patchouli oil business was influenced by significant price fluctuations, limitations of distillation equipment that remained traditional, high production costs, as well as pest disturbances and weather factors. Farmers’ income varied depending on land area and production yield, but the net profit obtained was relatively small after deducting production costs. These findings contribute to the development of the concept of business development strategies in the community-based agribusiness sector while broadening understanding of patchouli oil business management at the local level. This study concludes that improving production quality, technological innovation, and institutional support are important factors in increasing community income. The implications of this study include theoretical contributions to the development of Islamic economics and practical contributions for the government and the community in formulating sustainable business development strategies, while also opening opportunities for further research related to market aspects and the patchouli oil supply chain.

Although tourism development strategies have received attention in various studies, studies that specifically discuss strategies for developing natural tourist attractions to increase visitor numbers from the perspective of Sharia business management in a local context remain limited. This study aims to formulate a development strategy for the Kapalo Banda Taram tourist attraction, Lima Puluh Kota Regency, to increase visitor numbers based on a Sharia business management approach. This study employed a qualitative approach with a case study design, involving informants consisting of tourist attraction managers, the Wali Nagari, surrounding community members, and visitors selected purposively. Data were collected through in-depth interviews, observation, and documentation, and were then analyzed using SWOT analysis. The results showed that the Kapalo Banda Taram tourist attraction has strengths in the form of natural potential that remains unspoiled and a beautiful environment, but faces weaknesses in terms of infrastructure, management, and promotion. The available opportunities include increasing interest in nature tourism and government support, whereas the threats faced include competition from other destinations and weather factors. Management efforts have been made, but they have not yet had a significant impact on increasing visitor numbers. These findings contribute to the development of strategic management theory and Sharia business management in the tourism sector. This study concludes that improving management, providing facilities, and strengthening promotion strategies based on Sharia principles are important aspects in developing tourist attractions. The practical implications of this study are intended for managers and local governments, while also opening opportunities for further research on digital promotion and Sharia-based tourism management.

Verification and validation (V&amp;V) is an integral part of any simulation study. Validation assesses how accurately conceptual models represent the real system, while verification ensures correct implementation in software. V&amp;V plays a critical role in business and manufacturing, where simulation models imitate complex real-world systems. However, comprehensive statistically grounded literature reviews on V&amp;V of simulation models, particularly from a business management and manufacturing domain standpoint, are scarce. This study addresses that gap by performing topic modelling to identify prominent research themes, then reviewing all important research articles to outline the evolution of quantitative methodologies and algorithms on V&amp;V. We also highlight various research gaps and potential directions for future work. For this study, we reviewed the abstracts of more than 6,000 articles indexed in Scopus and Web of Science, along with a comprehensive analysis of 300 research articles.

The accelerated diffusion of digital technologies during the 2015-2025 period substantially transformed global economic systems, intensifying the integration of automation, data analytics, and digital financial services into business processes while simultaneously increasing exposure to cybersecurity risks, regulatory fragmentation, and social inequality. In economies undergoing structural transformation, ensuring that digital innovation supports both financial security and inclusive growth emerged as a pressing scientific and policy challenge. The purpose of this study was to identify and substantiate effective pathways of business digital transformation that simultaneously strengthened financial security and promoted inclusive access to digital financial services. To achieve this objective, the research applied a mixed methodological framework combining systemic and institutional analysis, comparative analysis, statistical and correlation modelling, and analytical synthesis of international and national datasets derived from the World Bank, the National Bank of Ukraine, and OECD analytical frameworks. The results demonstrated that the expansion of digital financial technologies was strongly associated with higher levels of institutional stability and economic resilience. Empirical evidence from Ukraine for the 2022-2024 period showed that the number of active payment cards increased by more than 10%, while the share of cashless transactions exceeded 90%, indicating a rapid diffusion of digital payment instruments. The widespread adoption of Near Field Communication technologies, tokenised payment cards, and cloud-based financial services contributed to faster transaction processing, enhanced transparency, and improved protection of financial data. At the same time, the analysis identified persistent risks and barriers related to cybersecurity vulnerabilities, regulatory misalignment, and uneven digital inclusion across population groups, particularly in rural areas and among individuals with limited digital literacy. These findings confirmed that digitalisation generated both efficiency gains and new configurations of financial and institutional risks. The practical significance of the results lies in their applicability for policymakers, financial regulators, and business managers in designing coordinated digitalisation strategies that integrate technological innovation with cybersecurity standards, regulatory coherence, and inclusive financial development