This issue begins with an article that studies the format of non-financial information published by IBEX-35 listed companies, and the reasons for publishing it in a selected sampling of companies whose main destination for investment is Latin America. Professors Esther Ortiz-Martínez and Salvador Marín-Hernández (University of Murcia, Spain) find that within the prevailing diversity there is a trend towards listed companies harmonizing non-financial information; that there is still no single format for financial and non-financial information; and finally, that the cost-benefit ratio of publishing non- financial information is still not positive for non-listed companies.
In the next article, professors Harrison Bachion Ceribeli and Fábio José Rodrigues Ferreira (Universidade Federal de Ouro Preto – UFOP, Brazil) attempt to analyze the relation between work flexibility, organizational commitment and the intention of remaining in the organization with a field study conducted in Mariana (Minas Gerais, Brazil), using a model of structural equations. The results suggest that flexible work has a positive influence on an individual’s intention of remaining in the organization and on their emotional and policy based organizational commitment. In addition, they conclude that there is a positive relation between organizational commitment and the intention of remaining in the organization.
Nowadays, there have been several developments with systemic implications in the international financial panorama, such as the financial crisis of 2007 and 2008, China’s deceleration (from 2014 to now) and the downturn of BRICS (from 2013 to now), among others. As the key to the future of economies is business performance, there are several factors behind these events, one of them being the scant implementation of best practices or corporate governance, and this has led the international community to focus on the ways to carry out commercial transactions. Kurt Burneo Farfan (CENTRUM Católica, Peru) and Edmundo R. Lizarzaburu (Universidad ESAN, Peru) attempt to answer the question whether applying the principles of Good Corporate Governance truly produces distinctly favorable results compared to those entities which do not.
In the following article professors David Flores-Ruiz (University of Huelva, Spain), Rosanna Elizabeth Bino-Raya (University Blas Pascal, Argentina) and María de la O Barroso-González (University of Huelva, Spain) analyze the degree of applying the concept of corporate social responsibility (CSR), by categories and dimensions, in the hotel sector in the city of Córdoba (Argentina) as a strategy that contributes to promote processes of sustainable tourism development. The authors conclude that despite the environmental awareness of the concept, it is still not applied in a comprehensive manner, and it is necessary to introduce certain measures such as information and training in these aspects. They also point out the significant differences in applying CSR by categories and dimensions of sustainability.
According to the Technology Acceptance Model (TAM), professors Stefano De Marco, José Manuel Robles, Mirko Antino (Complutense University of Madrid, Spain) and Ernesto Ganuza Fernández (Instituto de Estudios Sociales Avanzado / Institute of Advanced Social Studies –IESA–, Spain) study how on-line commercial information search and verification skills affect the adoption of purchasing habits on the Internet. Secondly, they study how these skills are positively influenced by general content Internet search skills. Finally, they reflect on the implications that digital inequality, i.e. the unequal distribution of the beneficial uses of Internet among the population, such as news programs, can have on e-commerce.
In the final article, Jorge Benzaquen-de las Casas (CENTRUM Católica Graduate Business School, Peru) and Maximiliano Pérez Cepeda (QUEJATEAQUI S.A., Ecuador) attempt to study the impact of Ecuadorian businesses having an ISO 9001 certified Quality Control System based on nine success factors used to measure the implementation of Total Quality Management (TQM). The authors analyzed 163 businesses to make a comparison between those who have the certification and those which do not. They conclude that ISO 9001 certified businesses achieve a higher average than those which are not. These results support similar studies carried out in Peru and Colombia.
Again we would like to thank all those who contribute to the successful operation of the journal: the members of the Advisory Board, Editorial Board, Editors and regional Associate Editors, reviewers, authors, and above all, the readers.