Persona:
Navío Marco, Julio

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0000-0001-5163-9777
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Navío Marco
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Julio
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Mostrando 1 - 2 de 2
  • Publicación
    Analysis of brand influence in the rockets and feathers effect using disaggregated data
    (Elsevier, 2020-04-01) Palencia González, Francisco Javier; Navío Marco, Julio; Juberías Cáceres, Gema
    This paper studies price asymmetries (the ‘rockets and feathers effect’) at the firm level using an approach that fundamentally differs from the previous literature. The research analyses the Spanish oil market, using more than 11 million daily price records from December, 23, 2014, to December 31, 2017. We apply the most common econometric approach to investigate asymmetry, the error correction model, and find asymmetries for all brands, either classic brands or low-cost flag brands. Classic brands make price adjustments in shorter periods, whereas supermarket brands, as well as independent and low-cost brands, correct prices only slowly. This research makes an original contribution to the study of the rockets and feathers phenomenon using brands as the units of analysis. The speed of price adjustments is especially relevant to understanding oil market price dynamics.
  • Publicación
    Human resource management as key pillar of company strategy: Analysis of the line managers’ perception
    (Cambridge University Press, 2019-04-26) Navío Marco, Julio; Solórzano García, Marta; Palencia González, Francisco Javier
    There is a growing literature devoted to analyzing the strategic aspects of HR functions in organizations and also the mechanisms and effectiveness of implementing HR practices. The increasingly frequent involvement of the companies´ line managers in HR activities leads us to investigate about the strategic value that these managers grant HR. Our research focuses on the line managers' perception of the strategic importance of HR (versus the perception of HR managers themselves) as a relevant factor in the proper line managers´ involvement in the execution of HR-related tasks. If the line managers do not perceive the relevance and strategic importance HR and its key role in company strategy and performance, it is difficult to guarantee their commitment and effectiveness in HR management implementation. Through a double survey (line manager and HR managers) to one hundred companies, we verified discrepancies in the HR versus line managers valuation, a lower valuation by the line managers, and we draw some useful conclusions for a successful implementation of HR practices.