LETTER FROM THE EDITOR IN CHIEF
NUMBER 74 BUSINESS AND SOCIETY REVIEW
The initial paper included in this issue of our journal deals with sovereign debt portfolios
and exposure of small European banks and has been written by Mariña Martínez Malvar
and Laura Baselga-Pascual. The period studied include the years of European debt crisis
and deals with uu3 banks of 17 countries. The main results of this research indicate that
capitalization and credit quality are the main determinant factors of the sovereign debt
exposure of small size banks showing, at the same time, a greater risk aversion and a
more efficient loan policy of those entities. As the authors recognize unexpectedly found
that credit quality is positively correlated to the sovereign debt exposure which could be
explained by the conservative nature of their business model together with the small size
of the banks. Also, the paper suggest that small banks have better knowledge of local
and regional economies and use specific methodologies to analyse the credit risk of local
businesses.
The second paper of this issue by professors Andrés Salas Vallina and Javier Elvira
Soria, analyze the impact of emotional intelligence on happiness at work as a new clue
for improving quality of working life. The research took place out in the education sector.
And as the authors suggest the study should also be extended to other services sectors
such as hospitality or healthcare. The article concludes that emotional intelligence only
fosters happiness at work when it develops resilience. Also, the research offers an
emotional intelligence measurement scale as well as underlying that happiness at work
is a concept of growing importance in academic research. It also has policy implications
for organizations, assuming that the explanatory capacity of happiness at work might be
influenced by other variables and institutional factors.
In the article by Nerea Goikoetxea Gazpio we can appreciate that the non-profit
organizations (NPOs) has been play a relevant role in many institutional and economic
aspects of private and public organizations both at a national and international levels.
Given the social and economic relevance of non-profit organizations (NPOs), to have
performance measurement systems for this institutions is significant not only for policy
implementations decisions but also as for the stakeholder knowledge and responsibility.
This article aims to make a conceptual approach to determine the main advances made at
the theoretical level, based on the description of the main contributions made in the field,
by means of a systematic review of the literature.
A good management of pedagogical leadership depends on the design of an efficient
relational dynamics in educational services as key variables. The article of Professors Juan
Carlos Nué and Margarita Alcaide Risoto developed a correlation study complemented
by a mean difference analysis based upon data of 63 schools of the largest network of
private schools in Peru and was compared to the levels of satisfaction that a great number
of parents reported on their management. The paper concludes that there is “a significant
positive correlation and that the difference is highly significant between the Interpersonal
dimension of the School Director and his or her management”. The idea that the personal
recourses, social and psychological are identified as interpersonal components and the
anemic moods those underlying the management practice.
Juan José Durán Herrera. Director UCJC Business & Society
Juan Díez Nicolás. Director UCJC Business & Society Review