ABSTRACT Objective: competition and cooperation occur in different areas of the market. The shipping industry is one of the areas characterized by strong competition and operational cooperation with the objective of operational improvement. Through mergers and acquisitions and joint ventures, the shipping industry has advanced with its business and sought better results. Methods: we analyzed coopetition strategies between global actors of shipping industry in the Brazilian market. We used the multiple case study method with the four main shipping lines in the world based on semi-structured interviews and data from official documents. Results: the results indicate that the shipping lines often employ the strategy of joint services and slot service in partnership with other shipping companies. Market coverage, customer needs, and reduced operating costs were identified as the main motivations for coopetition in the shipping industry. Conclusions: we particularly reveal the coopetition strategies of the shipping companies evaluated in the Brazilian market and their plans to continue operating in this strategic region for the shipping industry. Objective improvement ventures Methods semistructured semi structured documents Results coverage needs Conclusions

ABSTRACT Objective: this study explores the complex dynamics of collaboration and competition within the Delta ecosystem, a mature, networked environment characterized by diverse coopetitive behaviors. The study interprets reality through a continuous process of reconstruction of meaning, using the theoretical lens of sensemaking. Methods: an intrinsic case study methodology is adopted, using the relationships between participants as the unit of analysis and triangulating primary and secondary data. Data collection integrates semi-structured interviews, desk research, and a sensemaking technique for pattern identification. Results: three key patterns of tension emerged: the interplay between identity formation and self-determination, the dichotomy of ‘islands’ and ‘archipelagos,’ and the nuances of performance asymmetries. Within this ecosystem, coopetition is evident as groups pool resources and insights, while competitive tensions arise from participants’ similarities and performance differences, spurring innovation but also potential conflict. Conclusions: the study delineates the nuanced interplay of competitive and collaborative forces within that coopetitive ecosystem, emphasizing their impact on value creation, thereby shedding light on specific patterns of tension that arise from these coopetitive dynamics. Objective ecosystem mature behaviors meaning Methods adopted data semistructured semi structured interviews research identification Results emerged selfdetermination, selfdetermination self determination, determination self-determination ‘islands islands ‘archipelagos, archipelagos asymmetries insights differences conflict Conclusions creation ‘archipelagos

ABSTRACT Objective: this article investigates the dynamics of intraorganizational coopetition within a Brazilian public bank, examining how competition, cooperation, and coopetition coexist within the same institution. Methods and Results: through a qualitative deductive approach using a case study method, it was found that collaborative practices among branches and superintendencies validate the propositions that competition, cooperation, and coopetition can coexist in the same environment. Furthermore, the study underscores the significance of coopetition for the operational efficiency and commercial performance of the bank, addressing the impact of organizational climate, knowledge sharing, and concealment, along with the challenges and benefits associated with intraorganizational coopetition. Conclusions: this research offers valuable insights for managers and contributes to the understanding of coopetition in competitive settings like the banking sector. Objective bank competition cooperation institution Results method environment Furthermore climate sharing concealment Conclusions sector

ABSTRACT Objective: comprehend the challenges and solutions faced by a non-technological and non-profit organization, acting within a coopetitive environment, in the construction of a multisided platform business model. Method: utilizing a qualitative case study approach, we investigated FEBRAFAR, a multisided platform of drugstore retailers, manufacturers, and service providers. Data collection and analysis was based on the following categories: (a) the methods through which the platform generates value for its diverse customer segments, (b) the intricate contours of its value configuration endeavor, and (c) its strategies for value appropriation to ensure both sustainability and growth. Results: the challenges in establishing an efficiently functioning multisided platform business model included: getting resources; member's attraction; and resistance to adopting best management practices. The solutions contained the development of value creation techniques for its varied customer segments by reducing transactional friction with customers and suppliers, a comprehensive value configuration process, and value appropriation that promote sustainability and growth to these drugstore chains. Conclusion: the paper shows how FEBRAFAR got the solution of value creation and appropriation of the platform business model by orchestrating the interactions of competing entities within the stakeholder ecosystem that engage in collaboration. By establishing clear rules and interaction protocols, a multisided platform can facilitate coordination among competing entities, thereby enabling collaborative value co-creation for all involved stakeholders. This finding contributes to the broader understanding of strategic management in multisided platforms, particularly in non-technology contexts. Objective nontechnological non technological nonprofit profit organization environment Method approach retailers manufacturers providers categories (a b (b endeavor c (c Results included resources members member s attraction practices suppliers process chains Conclusion collaboration protocols cocreation co stakeholders platforms nontechnology technology contexts

ABSTRACT Objective: New technology-based firms (NTBFs) are key actors in creating value through innovation, but they face significant challenges in the rapidly changing and competitive technological environment. Methods: This research is a multi-method analysis aiming to present a model of relationships among drivers for collaboration and competition among technology-based companies and identify effective actions and policies to enhance coopetition (cooperation and competition) that can boost the ability of NTBFs to grow and commercialize innovations. The methodology of this study is exploratory in nature. Thus, it employs literature review method for gathering qualitative data, Fuzzy Delphi method for collecting data from experts, and DEMATEL-ISM method for modeling the relationships among drivers and demonstrating the impact of coopetition on the performance of NTBFs. Results: The research findings show that coopetition can improve growth, innovation, and commercialization in NTBFs by overcoming technological and competitive limitations. Conclusions: The study offers practical and social implications for managers, policy makers, and economic development by highlighting the role of coopetition in fostering innovation and prosperity. Objective technologybased technology based (NTBFs environment Methods multimethod multi cooperation innovations nature Thus experts DEMATELISM DEMATEL ISM Results growth limitations Conclusions managers makers prosperity

ABSTRACT Objective: Different discussions have been carried out on effectiveness of performance measurement systems (PMS) in higher education institutions (HEI). Some lecturers assert that PMSs place excessive emphasis on bureaucratic procedures, diverting attention from their primary responsibilities, without contributing to performance. Therefore, this study aimed to analyze the factors influencing effectiveness of PMS implementation and explore the impact of the concept on lecturers’ motivation to enhance performance. Methods: We conducted a survey with 293 lecturers in Indonesia and employed structural equation modeling (SEM) to test the relationships included in the theoretical model. Results: The result showed that PMSs for development purposes indirectly affected effectiveness through rating and feedback system satisfaction, as well as organizational commitment. Meanwhile, PMSs for strategic purposes have a direct and indirect effect through self-monitoring and feedback system. Conclusions: The study implied the importance of considering the mediating role of rating and feedback system satisfactions, as well as organizational commitment, and self-monitoring, on the influence of PMSs for development and strategic goals. Furthermore, an effective PMS served to elevate lecturers’ motivation to excel in their performance. Objective (PMS HEI. HEI . (HEI) procedures responsibilities Therefore Methods 29 SEM (SEM model Results satisfaction commitment Meanwhile selfmonitoring self monitoring Conclusions satisfactions selfmonitoring, monitoring, goals Furthermore (HEI 2

ABSTRACT Objective: This study investigates the challenges of female entrepreneurs who started their ventures driven mainly by the need for survival and how they overcome their challenges. In seeking this, it appropriates the literature on motivations, challenges, and drivers of female entrepreneurship to support the reflections. Method: This was a qualitative strategy. Seven women entrepreneurs who started ventures driven mainly by necessity in Brazil participated in this study. Results: Besides need for survival, other motivations influence business creation, including opportunities. The main challenges are reconciling work and family, access to resources, and a lack of human capital. The main driving factors are public and private entrepreneurial support programs and direct social relationships. Conclusion: The contributions are threefold. First, for the literature on entrepreneurial drivers, it expands the understanding of the factors that positively impact female entrepreneurship. Second, it contributes to the literature on entrepreneurial motivations, broadening the current understanding of pull and push factors. Finally, by identifying new entrepreneurial challenges, this study extends the possibilities of understanding the female entrepreneurial phenomena in other developing contexts besides Brazil. Objective reflections Method strategy Results creation opportunities family resources capital relationships Conclusion threefold First Second Finally

ABSTRACT Objective: this study investigates how public governance practices influence the performance of public organizations. Defined as a mix of formal and informal mechanisms shaping decision-making in the public sector and encouraging diverse societal participation, public governance aims to enhance management effectiveness and governmental results. Methods: panel data regression analysis was applied to assess higher education institutions in Brazil across 2017, 2018, and 2021. Student scores in the National Performance Exam (ENADE) and the Performance Difference Indicator (IDD) were used as performance metrics and dependent variables while governance practices and the public governance index were used as independent variables. Results: the data collected at the Federal Court of Accounts (TCU) and the National Institute of Educational Studies and Research Anísio Teixeira (Inep) revealed a positive correlation between ‘monitoring user satisfaction’ and institutional performance, whereas the public governance index presented unexpected results. Conclusions: this investigation elicits deeper inquiries on the actual impact of public governance on the performance of public organizations, potentially guiding the implementation of governance actions within them. Objective organizations decisionmaking decision making participation results Methods 2017 2018 2021 ENADE (ENADE IDD (IDD Results TCU (TCU Inep (Inep monitoring satisfaction Conclusions them 201 202 20 2

ABSTRACT Objective: this study aims to review the literature on DAOs in business administration and propose a framework for DAOs compared to the key features of market, hierarchy, and network governance forms and avenues for future research. Methods: we performed a systematic literature review in Scopus and Web of Science databases and identified 69 articles on DAOs published in or before March 2024 in the field of business and management. Results: we describe the main characteristics, opportunities, and challenges for DAOs. Our study also discusses how DAOs can be further explored and how they may or may not fit in different governance and organizational forms. Conclusions: we conclude by offering several guidelines to researchers who want to comprehend the phenomena of DAOs and contribute to theory and practice in business administration. Objective market hierarchy research Methods 6 202 management Results characteristics opportunities Conclusions 20 2

ABSTRACT Objective: The search for market expansion challenges Brazilian craft breweries. Based on coopetition strategies, many join in seeking to overcome these challenges. The challenge for gypsy breweries is even more significant, as they must produce beer in a non-gypsy brewery. Some tensions emerge from this relationship, such as space availability and costs. Methods: From the actor-network theory, we analyze the relationship between gypsy and non-gypsy breweries, deepening the analysis of their tensions. Based on a case study with craft breweries in Rio de Janeiro State. Results: As the results highlighted, the tension between them starts at a level not mentioned in the literature on coopetition. Conclusions: This extension expands the existing literature on coopetition by highlighting the influence of nonhuman elements (e.g., factory, resources, equipment, and operations) in shaping inter-organizational relationships, with the factory being the main generator of this tension. The study offers insights into how actors (human and nonhuman) navigate, interact, and negotiate tensions to achieve mutual goals. By applying ANT to analyze coopetition dynamics, the study contributes to the theoretical framework by demonstrating how this approach can enhance understanding of complex mechanisms, processes, and relationships through which coopetition dynamics unfold in practice. Objective strategies significant nongypsy non brewery costs Methods actornetwork actor network theory State Results highlighted Conclusions e.g., eg e g (e.g. resources equipment operations interorganizational inter organizational human navigate interact goals mechanisms processes practice e.g. (e.g e.g

ABSTRACT Objective: Intelligence in public management is recognized as an innovative approach that leverages technologies to enhance decision-making processes and facilitate democratic planning by establishing formal structures, engaging public servants and managers, and fostering social involvement for efficient data and information management. Despite its innovative potential, intelligence in public management requires legitimacy within government spheres. The objective of this study is to validate a model for the institutionalization of intelligence in public management, grounded in a theoretical framework encompassing ten dimensions of intelligence categorized into organizational structure, technological infrastructure, human capital, and social engagement. Methods: Employing quantitative research, data were collected through a survey conducted among managers and civil servants in the Brazilian context. Results: The results demonstrate a positive impact of the analyzed categories on the institutionalization of intelligence in public management, with human capital emerging as the most influential factor. Conclusions: This study underscores the significance of adopting an institutional perspective in structuring intelligence processes within public management, thereby offering avenues for theoretical advancement in the field and suggesting pathways toward establishing legitimacy for intelligence activities within government frameworks. Objective decisionmaking decision making structures potential spheres structure infrastructure engagement Methods research context Results factor Conclusions frameworks

ABSTRACT The objective of this article is to study the behavior of the stock markets in emerging countries (BRICS) and developed countries (USA, England, Germany, and Japan), aiming to identify the evolution of their degree of efficiency between June 2007 and July 2021 based on the hypothesis of fractal markets. Using the Hurst exponent, the fractal dimension, and entropy approximation, it was built a market efficiency index. Among the main results, inconstancy of the efficiency indices over time was identified, which is consistent with previous studies within the field of econophysics. In addition, most of the inefficiency is due to the presence of deterministic elements in asset price variations, with a similarity in the efficiency level between the groups of emerging and developed countries, except for the case of China, which presented a singular behavior, which motivates new studies in this market. Finally, the results indicate the relevance of the cointegration effects of the analyzed markets, which is reflected in the inefficiencies of these markets over time. BRICS (BRICS USA, USA (USA England Germany Japan, Japan , Japan) 200 202 exponent dimension approximation index identified econophysics addition variations China Finally 20 2

ABSTRACT This study analyzed the effects of sovereign rating and corporate governance (CG) on the capital structure of Latin American companies. A multilevel regression model was used for 823 companies listed on major Latin American stock exchanges over the period 2004-2018. The results showed that firm level is the most responsible factor for the variation in companies’ capital structure, while country level had the greatest influence on the variation in long-term debt. In the absence of CG mechanisms, sovereign rating is one of the factors not controlled by managers that can explain the capital structure of Latin American companies, which reduce their debt levels to protect themselves in the face of their countries’ sovereign rating variations. The results indicated that, despite having an audit committee and keeping independent members on the committee, firms choose to reduce their debt levels to protect themselves against the constant variations of their countries’ sovereign rating. The results also showed that CG mechanisms do not act in isolation when it comes to reducing agency problems. This research is one of the first studies to provide evidence on the implications of sovereign ratings and CG on the capital structure of firms in Latin America. (CG 82 20042018. 20042018 2004 2018. 2018 2004-2018 longterm long term countries problems America 8 2004201 200 201 2004-201 200420 20 2004-20 20042 2 2004-2 2004-