Orcos Sánchez, Raquel

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Orcos Sánchez

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Raquel

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Gestión de Empresas

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Now showing 1 - 4 of 4
  • PublicationOpen Access
    Liberalización del sector bancario y persistencia de las formas organizativas
    (Universidad Nacional de Colombia, 2015) Orcos Sánchez, Raquel; Palomas Doña, Sergio; Gestión de Empresas; Enpresen Kudeaketa
    El sector bancario español tradicionalmente estaba compuesto por tres tipos de entidades: bancos comerciales, cajas de ahorros y cooperativas de crédito, cuyo comportamiento estaba controlado por una estricta regulación. Sin embargo, en el último cuarto del siglo XX un proceso liberalizador eliminó las diferencias en la regulación a la que estaban sometidas estas entidades. En consecuencia, todas las entidades del sector pasaron a estar legalmente capacitadas para desempeñar las mismas opciones estratégicas y prestar servicios a los mismos colectivos. La literatura previa sugiere que las entidades deberían haber cambiado notablemente su comportamiento y haberse vuelto más homogéneas, haciendo desaparecer las diferencias entre formas organizativas. Sin embargo, nuestros análisis muestran que las diferencias entre formas organizativas se mantuvieron. En este trabajo ofrecemos una explicación de por qué tras la desregulación las diferentes formas organizativas persistieron, a pesar de los notables cambios que se produjeron en su forma de operar. Los resultados muestran importantes implicaciones para la labor de los reguladores.
  • PublicationOpen Access
    The scope of implementation of ISO 14001 by multinational enterprises: the role of liabilities of origin
    (Elsevier, 2023) Arocena Garro, Pablo; Orcos Sánchez, Raquel; Zouaghi, Ferdaous; Institute for Advanced Research in Business and Economics - INARBE
    This research contends that MNEs from polluting and emerging countries are subject to liabilities of origin that compel them to signal that they differ from the stereotypes of their home countries to attain environmental legitimacy. ISO 14001 adoption, which signals a commitment to environmental protection, may help MNEs from polluting and emerging countries overcome their legitimacy deficits. The wider the scope of ISO 14001 adoption, the greater its power to signal environmental awareness, and therefore, the greater its efficacy in counteracting liabilities of origin. Accordingly, this research proposes that the scope of ISO 14001 adoption by MNEs from the considered countries is wider than that of MNEs that are not subject to liabilities of origin. This contention is tested in a multisector sample of 733 MNEs over the period 2002–2019.
  • PublicationOpen Access
    The impact of ISO 14001 on firm environmental and economic performance: the moderating role of size and environmental awareness
    (Wiley, 2020) Arocena Garro, Pablo; Orcos Sánchez, Raquel; Zouaghi, Ferdaous; Enpresen Kudeaketa; Institute for Advanced Research in Business and Economics - INARBE; Gestión de Empresas
    This paper analyzes the impact of adopting the ISO 14001 standard on firm environmental and economic performance. In particular, it is argued that the degree of environmental awareness of the society (EAS) and firm size are two factors moderating the effect of ISO 14001 on firm performance. A number of hypotheses are formulated and empirically tested on an international sample of 583 listed companies in 46 countries over the period of 2009–2018. The findings show that (i) ISO 14001 adoption contributes to reducing firm carbon emission intensity and increasing firm profitability; (ii) the impact of ISO14001 on profitability is greater for companies from countries with high EAS and for larger firms; and (iii) the impact of ISO 14001 on carbon intensity is greater for headquartered in countries with low EAS. Managerial and policy implications resulting from the widespread adoption of certifiable environmental standards are also discussed.
  • PublicationOpen Access
    Multimarket contact and performance: evidence from emerging economies
    (Elsevier, 2016) Domínguez, Beatriz; Garrido, Elisabet; Orcos Sánchez, Raquel; Gestión de Empresas; Enpresen Kudeaketa
    The organizational structure of multinational enterprises (MNEs) is mainly made up of subsidiaries located in emerging and advanced countries. Consequently, they usually compete against the same rivals simultaneously in both emerging and advanced contexts. Multimarket contact (MMC) theory analyzes the competitive dynamics that arise in these situations. However, researchers have paid more attention to the consequences of multimarket contact in developed countries than to its effect in emerging countries. To explore the impact of the macroenvironment on the relationship between MMC and performance, we examine how coinciding with multimarket rivals in emerging economies alters the effect of MMC on firm performance. Our research, which is developed with a sample from the mobile telecommunications industry, shows that the presence of MNEs in emerging countries hinders the development of mutual forbearance practices and, therefore, reduces the positive effect of MMC on firm performance.