• Are family firms really more socially responsible? 

      Cruz, Cristina; Larraza Kintana, Martín Upna; Garcés Galdeano, Lucía Upna; Berrone, Pascual (Wiley, 2014)   Artículo / Artikulua  OpenAccess
      This paper conducts an empirical study as to whether family firms are more socially responsible than their non-family counterparts, and explores the conditions in which this difference in social behavior occurs. We argue ...
    • Behavioral biases never walk alone: an empirical analysis of the effect of overconfidence on probabilities 

      Abinzano Guillén, María Isabel Upna; Muga Caperos, Luis Fernando Upna; Santamaría Aquilué, Rafael Upna (SAGE, 2014)   Artículo / Artikulua  OpenAccess
      This paper presents evidence of the impact of overconfidence bias in asset prices drawn from a study based on data from tennis betting exchanges. A series of betting strategies in tournaments with a clear-cut favourite are ...
    • Coasimetría idiosincrática y riesgo de insolvencia en el mercado de valores español 

      González Urteaga, Ana Upna; Muga Caperos, Luis Fernando Upna; Santamaría Aquilué, Rafael Upna (AECATaylor & Francis, 2014)   Artículo / Artikulua  OpenAccess
      En el presente trabajo se analiza la relación entre el riesgo asimétrico, aproximado por las medidas de coasimetría y coasimetría idiosincrática, y el riesgo de insolvencia en el mercado de valores español. Se ha encontrado ...
    • Compensation framing and the risk-taking behavior of the CEO: testing the influence of alternative reference points 

      Larraza Kintana, Martín Upna; Gómez Mejía, Luis R.; Wiseman, Robert M. (Emerald Group Publishing Limited, 2011)   Artículo / Artikulua  OpenAccess
      El artículo analiza como el modo en el que el Director General (DG) de la empresa cataloga su retribución afecta al riesgo que asume en sus decisiones, así como el papel mediador del riesgo soportado. El estudio hace uso ...
    • Computerization and skill bifurcation: the role of of task complexity in creating skill gains and losses 

      Ben-Ner, Avner; Urtasun Alonso, Ainhoa Upna (SAGE, 2013)   Artículo / Artikulua  OpenAccess
      Does computerization increase or reduce the extent of skills that workers are required to have? Autor, Levy and Murnane (2003) show empirically that adoption of computer-based technologies (CBT) was greater in industries ...
    • Country distance (COD): development and validation of a new objective measure 

      Martín Martín, Óscar Upna; Drogendijk, Rian (Wiley, 2014)   Artículo / Artikulua  OpenAccess
      We propose a multidimensional and objective measure, Country Distance (COD), as a comprehensive measure of distance between countries. Although the literature has called for a measure like this, in particular to support ...
    • Customer heterogeneity in the development of e-loyalty 

      Cortiñas Ugalde, Mónica Upna; Chocarro Eguaras, Raquel Upna; Villanueva Orbaiz, María Luisa Upna (Emerald Group Publishing Limited, 2015)   Artículo / Artikulua  OpenAccess
      Purpose: The purpose of this study is to identify customer-specific differences in a general model of e-loyalty taking into account the existence of unobserved heterogeneity. Specifically, we aim to 1) test for the presence ...
    • Detecting intentional herding: what lies beneath intraday data in the Spanish stock market 

      Blasco de las Heras, Natividad; Corredor Casado, María Pilar Upna; Ferreruela Garcés, Sandra (Palgrave Macmillan, 2011)   Artículo / Artikulua  OpenAccess
      This paper examines the intentional herd behaviour of market participants, using Li´s test to compare the probability distributions of the scaled cross-sectional deviation in returns in the intraday market with the ...
    • The determinants of pay settlements. The influence of the national context 

      Bayo Moriones, José Alberto Upna; Galdón Sánchez, José Enrique Upna; Martínez de Morentin, Sara Upna (Taylor & Francis, 2013)   Artículo / Artikulua  OpenAccess
      This article studies the influence of national context and collective bargaining on the factors taken into account when adjusting wages. Using data from Spanish and British manufacturing establishments, we examine the ...
    • The diffusion of pay for performance across occupations 

      Bayo Moriones, José Alberto Upna; Galdón Sánchez, José Enrique Upna; Martínez de Morentin, Sara Upna (SAGE, 2013)   Artículo / Artikulua  OpenAccess
      In this paper the differences in the incidence of pay for performance plans between occupations in a sample of Spanish manufacturing establishments are analysed. Our results show that there are significant differences ...
    • Do entrepreneurial role models influence the nascent entrepreneurial activity of immigrants? 

      Contín Pilart, Ignacio Upna; Larraza Kintana, Martín Upna (Wiley, 2015)   Artículo / Artikulua  OpenAccess
      This paper examines how the influence of entrepreneurial role models in the individual’s decision to become a nascent entrepreneur is moderated by their socio-cultural fit. By looking at the entrepreneurial activity of ...
    • Does default probability matter in Latin American emerging markets? 

      Abinzano Guillén, María Isabel Upna; Muga Caperos, Luis Fernando Upna; Santamaría Aquilué, Rafael Upna (Taylor & Francis, 2013)   Artículo / Artikulua  OpenAccess
      We analyse the impact of default probability in four leading Latin American stock markets (Argentina, Brazil, Chile and Mexico). We find no positive default risk premium except in the case of Brazil, and in fact find a ...
    • Does default probability matter in Latin American emerging markets? 

      Abinzano Guillén, María Isabel Upna; Muga Caperos, Luis Fernando Upna; Santamaría Aquilué, Rafael Upna (Taylor & Francis, 2014)   Artículo / Artikulua  OpenAccess
      We analyse the impact of default probability in four leading Latin American stock markets (Argentina, Brazil, Chile and Mexico). We find no positive default risk premium except in the case of Brazil, and in fact find a ...
    • Does herding affect volatility? Implications for the Spanish stock market 

      Blasco de las Heras, Natividad; Corredor Casado, María Pilar Upna; Ferreruela Garcés, Sandra (Taylor & Francis, 2012)   Artículo / Artikulua  OpenAccess
      According to rational expectation models, uninformed or liquidity trading make market price volatility rise. This paper sets out to analyze the impact of herding, which may be interpreted as one of the components of ...
    • Dual embeddedness, influence and performance of innovating subsidiaries in the multinational corporation 

      Ciabuschi, Francesco; Holm, Ulf; Martín Martín, Óscar Upna (Elsevier, 2014)   Artículo / Artikulua  OpenAccess
      This study adopts a business network view to study the effects of subsidiary embeddedness on both subsidiary influence within the MNC and innovation-related business performance. Through Structural Equation Modeling we ...
    • The effect of US holidays on European markets: when the cat's away... 

      Casado, Jorge Upna; Muga Caperos, Luis Fernando Upna; Santamaría Aquilué, Rafael Upna (Wiley, 2013)   Artículo / Artikulua  OpenAccess
      This paper presents evidence of the existence of a return effect on European stock markets coinciding with NYSE holidays, which is particularly marked after positive closing returns on the NYSE the previous day. The effect ...
    • Explaining farm succession: the impact of farm location and off-farm employment opportunities 

      Aldanondo Ochoa, Ana María Upna; Casanovas Oliva, Valero; Almansa Sáez, Carmen Upna (Instituto Nacional de Investigación y Tecnología Agraria y Alimentaria (INIA), 2007)   Artículo / Artikulua  OpenAccess
      En este trabajo se analiza el impacto de la localización de la explotación agrícola en la sucesión familiar. Para ello se utiliza una encuesta a una muestra de explotaciones ubicadas a diferentes distancias del centro ...
    • Family firms in Iberoamerican countries 

      Larraza Kintana, Martín Upna; Cruz, Cristina; Belausteguigoitia Rius, Imanol (Emerald Group Publishing Limited, 2013)   Artículo / Artikulua  OpenAccess
      The purpose of this paper is to introduce the special issue on family firms in Iberoamerican countries. The special issue aims at enlarging our understanding of the uniqueness of family firms by providing new evidence from ...
    • Frequency of consumption and changing determinants of purchase decision: from attributes to values in the organic food market 

      Barrena Figueroa, Ramo Upna; Sánchez, M. (Instituto Nacional de Investigación y Tecnología Agraria y Alimentaria (INIA), 2010)   Artículo / Artikulua  OpenAccess
      El creciente fenómeno de saturación, maduración y globalización de los mercados agroalimentarios, obliga a la oferta al diseño de innovadoras estrategias de actuación, con el fin de conseguir aceptables niveles de ...
    • Game, set and match: the favorite long-shot bias in tennis betting exchanges 

      Abinzano Guillén, María Isabel Upna; Muga Caperos, Luis Fernando Upna; Santamaría Aquilué, Rafael Upna (Taylor & Francis, 2016)   Artículo / Artikulua  OpenAccess
      We test for the existence of Favorite-Longshot Bias (FLB) in tennis betting exchanges. Despite these being order-driven markets, with no direct participation from bookmakers, we have found very similar results to those ...