Facultad de Ciencias Económicas, Administrativas y Negocios
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Effect of enterprise risk management on firms’ outcomes with the moderating effect of knowledge management

2023 , Saeidi, Parvaneh , Saeidi S.P. , Galarraga Carvajal, Mercedes , Villacrés Endara H. , Armijos L.

Purpose: This study aims to test the effects of enterprise risk management (ERM) on firms’ outcomes and the moderating role of knowledge management (KM) on ERM–firms’ outcomes relationship. Design/methodology/approach: Data were collected via a questionnaire survey among public listed companies on the principal stock exchange market in Malaysia. A total of 124 questionnaires were received by mail questionnaire. The results were examined through structural equation modelling and partial least squares. Findings: The outcomes specified that ERM has a positive and noteworthy influence on firms’ outcomes, and KM has a moderating influence on the correlation among ERM and firms’ outcomes. Research limitations/implications: The qualities, procedures and laws of the Malaysian corporations chosen as the sample firms, as well as their regulations, may not be representative of all other countries. Moreover, this study considered only one variable as a moderator, while there are many variables that different studies can consider as moderator or mediators. Practical implications: The results of this research imply that employees’ awareness and knowledge of events, opportunities and risk, along with their engagement in the institute’s strategy, are critical for risk management and controlling. For the managers, the results of this research can be helpful to their businesses by identifying the effective KM capability that may enhance their positive outcomes. Managers and organizations can use KM as an instrument to increase ERM effect on firms’ outcomes. Social implications: KM and ERM are both significant intangible resources that are hard to imitate and are uniquely specified programs, which are important contributors to firm success in the long run. Moreover, the contingency theory of ERM was proved through the results of this study as it was identified in the public companies, that implementation of ERM as a strategic management practice, by organizations along with an effective KM may enhance the achievement of objectives and outcomes. Originality/value: This study helps to measure ERM comprehensively and how intangible assets such as KM can affect the comprehensive risk management process and its effectiveness. © 2023, Emerald Publishing Limited.

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The humanitarian displacement in Ecuador and the migratory processes in its border zone: Vulneration or right

2019 , Luque A. , Carretero P.A. , Morales P.

The present article has as objective the historical analysis of the violation of the rights of the victims of the migratory displacement towards Ecuador: its beginnings, evolution, and current perspective, in relation to the tensions that have been generated in the last times because of the great overflow and income of Venezuelan citizens, due to unemployment and problems within the context of their country of origin. It includes a normative framework that regulates the migratory flows of both countries. © 2019.

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Digital Animation, Health Education in Post COVID-19 Scenario

2024 , Oleas, J , Aguayza-Mendieta C. , Avilés-Castillo, Fátima , Sanchez D.

In post pandemics scenario, viral respiratory diseases are show up very often in changeable and usually cold weather locations. Ecuadorian cities in Andean region have altitude and unpredictable climate characteristics where respiratory diseases are frequent. COVID-19, influenza, flu and other infections are still present in the environment This research shows a development and application of digital animation, showing the audiovisual production processes developed through digital tools, products in educational contexts, adapted to the global health situation post pandemics. The study shows a mixed-type research divided into two phases. The first stage, for information collection, determined the needs for learning topics that collaborates in COVID-19 prevention in elementary education population through digital cartoons as a tool using social media as broadcast medium. The second stage, the animated product evaluation, inside an application scenario, in elementary schools in Riobamba city, that was exhibited through social networks. Through qualitative and quantitative research approaches, it has been possible to demonstrate the animation (digital cartoons) relevance in educational areas. Likewise, the study shows teachers and parents positive predisposition of digital animation use, as a learning tool and its use for educational content transmission, which is something new in the Ecuadorian school scene. © 2024, The Author(s), under exclusive license to Springer Nature Switzerland AG.

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Differential Performance of Satellite Navigation in Urban and Rural Andes of Ecuador

2024 , David Rivas-Lalaleo , Víctor Bautista-Naranjo , Vayas Ortega, Germania , Tatiana Freire-Guachamín , Jefferson Pilicita-Veloso , Carlos Bran

This study assesses the effectiveness of Global Navigation Satellite Systems (GNSS) in Ecuador, a country situated on the equator, where unique challenges include elevated ionospheric activity and increased solar radiation. It focuses on the accuracy of major satellite navigation systems such as GPS, Glonass, and Galileo in various environments, from open fields to urban areas with dense building coverage. Using a satellite communication module and a data logger capturing information every second, the study provides a detailed comparison of these systems. The findings indicate that a combination of GPS and Glonass significantly enhances accuracy, reducing errors to less than 20 cm, which is crucial for high-precision applications in the equatorial region. This outcome is consistent with and expands the understanding of satellite navigation performance across different Andean landscapes, highlighting the need for tailored approaches in both urban and rural settings within the equatorial context. In summary, the research reaffirms the transformative role of geopositioning and GNSS in global navigation and emphasizes the potential for improving GNSS accuracy in the equatorial region. It contributes significantly to ongoing efforts to optimize geopositioning systems, ensuring their effectiveness in diverse geographical and environmental conditions, as exemplified in the Andean regions of Ecuador.

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Teleworking modality in times of the COVID-19 pandemic in Ecuador

2021 , Maité Priscila G.-R. , Catalina Alexandra S.-O. , Salazar Mera, Juan Eduardo , Fabián Ernesto G.-P.

The 21st century comes with a technological development that changes, renews and improves, according to the requirements of society and companies. This article aims to analyze the work modality, called teleworking in Ecuador, examine the legal regulations to apply it in the business sector, determine its evolution during the COVID-19 health pandemic decreed by Dr. Tedros Adhanom Ghebreyesus, Director of the World Health Organization on March 11, 2020 and verify the effects of its application. The methodology used was bibliographic-documentary through the analysis of the legal regulations, texts, articles, data and statistics published by the Ecuadorian state and other materials related to the subject. The results were obtained that this type of work contributed to save approximately 63,200 jobs, partially sustaining companies, increased workplace harassment and abuse by employers, lack of physical infrastructure, failures in connection systems and /or transfer of data, among others. It was concluded that telework, implemented on a mandatory basis in 2020, is an effective work alternative in the business sector, has sufficient legal regulations in force in the country and protected the health of the Ecuadorian inhabitants. © 2021

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Trust: Tacit Strategy in Organizational Management

2021 , Suárez-Morales L. , Narvaez G. , Suárez S. , León R.

The objective of this article is to reflect from the theories of Management and Social Psychology on the concept of trust in organizational management, those tacit elements that frame performance. Coleman’s Rational Action Theory, Simon’s Organizational Management Theory and Mintzberg’s Organizational Structure Theory. The methodology was based on the qualitative approach, the type of research was exploratory, using the technique of documentary analysis of bibliographic review in the database of Scopus and classic authors related to the topic. 232 small businesses were tested. By way of conclusion, organizational trust consolidates the management and strategy of the institutional fabric, as a tacit substantial part from the schools of thought of functional administration. Equilibrium theory, the theory of cognitive limits, which proposes confidence as an organization’s performance strategy. © 2021, Associacao Iberica de Sistemas e Tecnologias de Informacao. All rights reserved.

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Video Analytics in Business Marketing for Shopping Malls in Ecuador

2024 , Pazmiño Guevara, L , Álvarez-Tello J. , Galarraga Carvajal, Mercedes , Pazmiño-Guevara C. , Maldonado-Pazmiño A.

Introduction: Video analytics has become an important tool for improving business performance, personnel management, and security in different environments, including shopping centres. However, its use also poses a threat to users’ privacy. Aim: In this context the aim of the article is to determine the architecture of video analytics in shopping malls as a business marketing strategy and the vulnerability of users’ privacy. Method: A descriptive methodology with a qualitative approach was used to design a prototype focused on the optimisation of customer business processes and decision making in shopping centres in Ecuador, from problem identification and information requirements management to prototype design, implementation, and training of the model with accurate data. Results: The technological solution is based on the OMIA platform, which generates relevant Key Performance Index (KPI) based on the automatic processing of images from video surveillance systems. Conclusion: It is important that the implementation of the model is trained, supervised, optimised, and regulated to guarantee the privacy and security of information and users under the Organic Law on Data Protection in Ecuador. © 2024, The Author(s), under exclusive license to Springer Nature Switzerland AG.

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Empirical evidence for intransitivity in consumer preferences

2020 , Guadalupe, J , Cruz Cárdenas, Jorge , Artola-Jarrín V. , Palacio Fierro, Andrés

Consumer preferences patterns; Edible and nonedible goods; Transitivity assumption; Preference reversal phenomenon; Strong and weak transitivity, Behavioral economics; Money; Macroeconomics; Econometrics; Experimental economics. © 2020The present paper addresses one of the most important assumptions in consumer preference patterns: transitivity. This assumption states that, logically, selections between goods are rational because of the transitivity statement, which posits that people always prefer goods in the following order: A is preferred to B, and B is preferred to C, so A is preferred to C. With the aim of proving this principle's validity, we conducted an experiment with 70 subjects and probed their preferences in relation to edible and nonedible goods. We used a survey methodology, which allowed us to analyze three distinct situations: 1) individuals faced with goods choices without restrictions; 2) individuals facing budget restrictions and price changes; and 3) individuals faced with decreased disposable income. The results mostly showed that there was no evidence of transitivity in consumer preferences. On average, transitivity appeared in only 8% of the sample, and in cases where transitivity was proved, it was revealed to be strong. The preferences were transitive primarily in relation to edible rather than nonedible goods. © 2020

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Artificial Intelligence in Marketing: A Bibliometric Study

2024 , Suárez Pérez, Juan Carlos , Vayas Ortega, Germania

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The Fractional Brownian Model, Applied in the Credit Placement of the Popular and Solidarity Financial Sector

2023 , Sánchez Montero, Ivanna Karina , Tipán, Diego

Previous studies have extensively explored the application of Fractional Brownian Motion in the financial systems of countries. The objective of this study was to evaluate the effectiveness of using Fractional Brownian Motion in credit placement within the popular and solidarity financial sector, specifically in the Savings and Credit Cooperatives of segment 1.A comprehensive analysis was conducted on historical credit placement data from this sector over time, and the Fractional Brownian Motion model was implemented to simulate placement patterns. Several parameters, such as the Hurst exponent, were estimated. The results showed that the application of Fractional Brownian Motion in credit placement within the popular and solidarity financial sector improved the accuracy of credit risk assessment. It revealed long-term dependence patterns and captured the inherent dynamics of the sector. The model demonstrated higher predictive power and better portfolio risk management capabilities compared to conventional methods. The findings suggest that Fractional Brownian Motion is a valuable tool for credit placement analysis, as well as for improving credit risk assessment and portfolio management dynamics. Implementing this model can lead to more accurate credit decisions, fostering the country's economic development. © 2023 IEEE.

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