https://www.um.edu.mt/library/oar/handle/123456789/66504 Sat, 04 Apr 2026 21:26:26 GMT 2026-04-04T21:26:26Z https://www.um.edu.mt/library/oar/handle/123456789/66685 Title: Journal of Corporate Governance, Insurance and Risk Management : volume 7 : issue 1 Editors: Todorović, Igor; Grima, Simon; Özen, Ercan; Tipurić, Darko Abstract: 1/ Ernest Vlačić , Marina Dabić and Marli Gonan Božac - The Relevance of the absorptive capacity in firms’ innovation strategies measured via bibliometric analysis; 2/ Ana Krajnović - Institutional distance: construct of isomorphism relevant to multinational companies; 3/ Mijana Matošević Radić, Ivona Jukić and Antonija Roje - Increasing tourism through social entrepreneurship – the case of Croatia; 4/ Janez Balantič - Good and transparent management of state-owned companies – reality or utopia?; 5/ Grima Simon, Dalli Gonzi Rebecca, Thalassinos Eleftherios - The Impact of COVID-19 on Malta and its Economy and Sustainable Strategies Wed, 01 Jan 2020 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/66685 2020-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/66684 Title: The relevance of absorptive capacity in firms’ innovation strategies measured via bibliometric analysis Authors: Vlačić, Ernest; Dabić, Marina; Božac, Marli Gonan Abstract: Absorptive capacity (ACAP) as a function of systematic knowledge management is widely recognized as the catalyst for successful innovation performance in firms, particularly when it comes to identifying business opportunity information from the outside world and assimilating it into a firm’s innovation process. The concept of absorptive capacity became a widely researched topic in the area of organization and management, consequently, the definition of the ACAP components, its operationalization and outcomes, is extremely heterogeneous and has greatly affected the research production on ACAP. Therefore, the question arising is: Which approach to absorptive capacity will enable it is being truly recognized as a concept at a global level, and in which areas of economy and business is ACAP most frequently encountered, particularly when it is connected to innovation processes? Based on a sample of 1288 papers within Web of Science Core Collection, this paper presents a bibliometric analysis of relevant publications on ACAP with the specific aim of gaining a deeper insight into the relevance of the impact of absorptive capacity on a firm’s innovation strategy. The results were systematized in a form of quantitative bibliographic review. The purpose of the analysis was to determine the existing level of the empirical and theoretical efforts in the research on ACAP, with a particular focus on firms and their innovation processes as well as knowledge management processes. Description: This article was presented at the 5th International OFEL Conference on Governance, Management and Entrepreneurship. The Paradoxes of Leadership and Governance in the Postmodern Society. (April 7th – 8th, 2017, Dubrovnik, Croatia, Governance Research and Development Centre CIRU), Zagreb, pp. 438-450. Wed, 01 Jan 2020 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/66684 2020-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/66683 Title: Institutional distance : the construct of isomorphism relevant to multinational companies Authors: Krajnović, Ana Abstract: The institutional environment in which multinational companies act is unique and complex. It is unique in the sense that the subsidiaries of multinational companies are facing dual pressures from both the host country and the country of the parent company. Further, the complexity of the environment presumes the need for global integration and the need for the local adaptation. Although some countries are characterized by a more favourable institutional environment for establishing and expanding business, in other countries the institutional environment is a challenge for multinational companies. In this paper, the author will present the current theoretical knowledge and references in already conducted research regarding the institutional distance in the context of multinational companies and their subsidiaries. Description: This article was presented at the 8th International OFEL Conference on Governance, Management and Entrepreneurship. From Corporations to Social Entrepreneurs: Exploring the Different Faces of Social Innovation (April 17th – 18th, 2020, Dubrovnik, Croatia, Governance Research and Development Centre CIRU), Zagreb, pp. 163-170 Wed, 01 Jan 2020 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/66683 2020-01-01T00:00:00Z https://www.um.edu.mt/library/oar/handle/123456789/66682 Title: Increasing tourism through social entrepreneurship - the case of Croatia Authors: Matošević Radić, Mijana; Jukić, Ivona; Roje, Antonija Abstract: Social entrepreneurship is a relatively new topic of interest within the academic and the literature on it is limited. With the increase of interest in recent years from various interest groups, the concept of social enterprise has become more widespread. The purpose of this paper is to explore the link between social entrepreneurship and voluntourism, as one of the types of special interest tourism. Voluntourism, according to the concept of sustainable community development, relate all the stakeholders of such development. Moreover, social entrepreneurship could become an important vehicle for sustainable development of destinations. This paper proposes that niche tourism products and more specifically, voluntourism projects, under the prism of social entrepreneurship, can become the means towards Croatian product diversification and long-term environmental, social and economic sustainability. Quantitative research was conducted and the methodology entails a case study approach. Results indicate that there is a limited number of projects concerning social entrepreneurship in voluntourism in Croatia and also that discussed projects are not recognized. This study assessed the situation in Croatia and although it was comprehensive under conditions of limited data availability, it cannot speak to social entrepreneurship in voluntourism globally, but it can offer a foundation for future research in this area. Description: This article was presented at the 8th International OFEL Conference on Governance, Management and Entrepreneurship. From Corporations to Social Entrepreneurs: Exploring the Different Faces of Social Innovation (April 17th – 18th, 2020, Dubrovnik, Croatia, Governance Research and Development Centre CIRU), Zagreb, pp. 79-90 Wed, 01 Jan 2020 00:00:00 GMT https://www.um.edu.mt/library/oar/handle/123456789/66682 2020-01-01T00:00:00Z