ABSTRACTAddressing the critical challenge of talent turnover in human resource management (HRM), the study aims to bridge the significant gaps in understanding the risks of talent turnover and the lack of robust frameworks for HR decision‐makers to assess and manage these risks effectively. Grounded in the resource‐based view (RBV), it introduces a hybrid methodology that synergizes failure mode and effects analysis (FMEA) with multi‐attribute decision‐making (MADM) methods using Z‐numbers. The research process involved an extensive literature review and expert panel discussions to curate an exhaustive list of turnover risks. These risks were appraised using FMEA technique and Z‐SWARA method. To validate the robustness of the evaluations, four different MADM methods were applied for risk ranking, which were then integrated using the BORDA count method. The framework's utility is exemplified by its application in a private bank in Iran, where it was used to identify and prioritize talent turnover risks. Findings reveals that skill underutilization, immigration, and underpayment are the most critical risks associated with talent turnover in our case, as confirmed by a sensitivity analysis. Practically, the framework equips HR managers with a robust tool for identifying and prioritizing talent turnover risks, facilitating strategic decision‐making in a uncertain business environment.

Abstract This study introduces framework synthesis as an encompassing orientation for drawing conclusions from evolving and/or complex topics in the practice of systematic reviews in hospitality and tourism (H&T). To illustrate this emerging approach, we use the topic of Millennials' identity in the H&T workplace, guided by the review question: How do Millennials perceive aspects of the H&T workplace? The search for relevant literature focused on peer‐reviewed English language articles and dissertations that included relevant qualitative data. The multisource search strategy in prior reviews, the Scopus database, and Google Scholar (04/01/2023) generated 480 records. Each record was independently screened for eligibility by the authors, and any disagreements were resolved through discussion and consensus. This process identified 20 eligible studies representing an international, multisector, and multidisciplinary stream of qualitative research published between 2005 and 2022. The included data were extracted in a thematic framework that synthesized Millennials' identity as cognitive, evaluative, and emotional perceptions of aspects of the H&T workplace. Intragenerational heterogeneity appears in some instances based on nationality and career stage, raising implications for practitioners. Given language limitations, we call for more systematic reviews that translate into non‐English publications to make this stream of research globally accessible to scholars.

Abstract This study aims to investigate the effect of entrepreneurs' hubris and narcissism operating in Tehran's Science and Technology Parks (STPs) on personal social responsibility (PSR). The study employed a cross‐sectional survey method with gender and experience as moderators. Results show that entrepreneurs' narcissism positively affects their social responsibility, while entrepreneurs' hubris negatively affects their social responsibility. Gender moderates the relationship between entrepreneurs' hubris and narcissism on PSR. Our findings suggest that personality traits (i.e., narcissism and hubris) and gender play a more critical role in an entrepreneur's tendency toward social responsibility than experience. Implications for future research and practical applications are discussed.

Strategic Change was established in 1992 and is an

Abstract In this article, we explore the impact of the characteristics of the Board of Directors (BoD) on environmental, social, and governance (ESG) performance for European listed companies and its evolution during the period 2018/2021. The purpose of this study is to understand if and how the BoD characteristics influence the ESG performance of the major listed companies in the EU before and after the COVID‐19 breakthrough. The COVID‐19 pandemic is taken as a reference point in time, considering that several studies show that, even in a health crisis with economic repercussions for the whole world, companies have continued to increase their commitment to ESG practices. The sample is composed of 600 European listed companies and covers the period from 2018 to 2021. The ESG score and the other variables are collected for all companies included in the STOXX 600 index (from the Refinitiv Workspace database) and analyzed using the ordinary least square (OLS) panel regression analysis at country and industry level covering the period 2018–2021. The results of our analysis show no significant relationship between BoD characteristics (in terms of gender diversity, cultural diversity, and special skills) and ESG performance in the pre‐COVID‐19 era. In the post‐COVID‐19 era, gender diversity is the only characteristic of the BoD, among those investigated, capable of influencing nonfinancial performance. This result, in line with the resource density theory, is justified by the increase in the average number of women in the BoD in the two‐year period 2020–2021 compared to the previous one (2018–2019). We offer theoretical and practical implications to enhance ESG performance by combining BoD characteristics. We finally contribute to enhance the debate on the relevance of the BoD characteristics and ESG performance relationship providing consistent findings to emphasize the quality of the BoD for the ESG reporting and performance.

Strategic Change was established in 1992 and is an

Abstract Initial coin offerings (ICOs) have emerged as a novel mechanism for financing entrepreneurial ventures. This relatively new application of blockchain technology allows a venture to raise money directly from the crowd by creating and selling its own coin or utility token in exchange for future use of this coin to purchase the services and products the venture is aiming to create. During the ICO ventures often use digital technologies to outsource services and build social capital. Despite the explosive growth of ICOs, little is known about the impact of these outsourcing strategies on the ICOs fundraising outcome. This paper presents explanatory research to better understand the role and potential impact of ICO strategies in outsourcing technical and advisory services by offering coins for free. More particularly, using data from 2081 ventures that sought to raise an ICO over the period 2016–2018, we examined the extent to which ventures can influence the likelihood of ICO success by adopting strategies aimed at outsourcing services and building social capital, namely by providing free coins to outsource expertise and by adapting social media campaigns. Findings suggest that although the use of professional social media platforms is associated with both ICO success and a higher level of fundraising, over‐generous outsourcing strategies had a negative impact on the ICO's likelihood to succeed.

Abstract The article studies cybersecurity projects from the perspective of social systems theory. Measures taken to increase cybersecurity are aimed at the robustness and resilience of specific systemic entities in society. We argue that this does not necessarily mean that systems in which these entities are embedded become more robust or resilient. The article investigates the objectives of 20 projects funded by different public organizations to increase cybersecurity of critical infrastructures. The findings show that robustness and resilience are addressed by these projects on different layers of systems in society, without a clear picture of how they are supposed to fit together in a wider effort to protect society against disruption. The detailed analysis of the different facets of robustness and resilience addressed in cybersecurity projects paves the way for a better understanding of this problem. The research shows how organizations may avoid the negative consequences of measures to secure specific systemic entities in society in the case of critical infrastructures, other application scenarios, and digital innovation in general.