The aim of this study is to determine how perceived organisational support and organisational trust affect innovative work behaviour through the mediation mechanism of tacit knowledge sharing in a public organisation context in Nigeria. Using the cross-sectional research design, data were randomly collected from 258 employees from the Delta State Ministry of Health, which was subjected to the partial least square (PLS) analytical procedure for hypothesis testing. The PLS analysis results suggested that while tacit knowledge sharing mediates perceived organisational support and organisational trust link to innovative work behaviour, it also mediates perceived organisational support link to innovative work behaviour sequentially with organisational trust as an antecedent. The study concluded that perceived organisational support and organisational trust prediction of innovative work behaviour can be explained by tacit knowledge sharing. The study puts forward important practical implications for organisations/management to follow in effectuating the linkages among the constructs in a meaningful and coherent manner.
{"title":"PERCEIVED ORGANISATIONAL SUPPORT AND ORGANISATIONAL TRUST LINK TO INNOVATIVE WORK BEHAVIOUR BY THE MEDIATION OF TACIT KNOWLEDGE SHARING","authors":"Uzoma Heman Ononye","doi":"10.33736/ijbs.6392.2023","DOIUrl":"https://doi.org/10.33736/ijbs.6392.2023","url":null,"abstract":"The aim of this study is to determine how perceived organisational support and organisational trust affect innovative work behaviour through the mediation mechanism of tacit knowledge sharing in a public organisation context in Nigeria. Using the cross-sectional research design, data were randomly collected from 258 employees from the Delta State Ministry of Health, which was subjected to the partial least square (PLS) analytical procedure for hypothesis testing. The PLS analysis results suggested that while tacit knowledge sharing mediates perceived organisational support and organisational trust link to innovative work behaviour, it also mediates perceived organisational support link to innovative work behaviour sequentially with organisational trust as an antecedent. The study concluded that perceived organisational support and organisational trust prediction of innovative work behaviour can be explained by tacit knowledge sharing. The study puts forward important practical implications for organisations/management to follow in effectuating the linkages among the constructs in a meaningful and coherent manner.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":"71 10","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-12-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139154302","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Unemployment, especially after the COVID-19 pandemic, is a critical issue for any country as it has economic and social ramifications. Consequently, forecasting unemployment becomes an essential task as it can guide government policy. Time series data are frequently influenced by outliers (unexpected events), and some outliers may exist with extreme observation to reduce the forecasting effectiveness of robust estimators. This study compared the performance of Autoregressive Integrated Moving Average (ARIMA), Seasonal Autoregressive Integrated Moving Average (SARIMA) and Generalised Autoregressive Conditional Heteroscedasticity (GARCH) models in modelling and forecasting unemployment rates during the COVID-19 pandemic among the ASEAN-5 countries. These countries include Malaysia, Singapore, Thailand, the Philippines and Indonesia. The monthly unemployment data from January 2010 to December 2021 were applied for all cases, except Thailand, until December 2020. Each adequate model from both forecasting mechanisms underwent forecasting. Their performance was compared based on root mean squared error (RMSE), mean absolute error (MAE), Theil inequality coefficient and symmetric mean absolute percentage error (SMAPE). Static forecasting from the ARIMA and SARIMA models was found to perform better than the GARCH model in modelling and forecasting the unemployment rate among ASEAN-5 countries during the pandemic period.
{"title":"COMPARATIVE PERFORMANCE OF ARIMA, SARIMA AND GARCH MODELS IN MODELLING AND FORECASTING UNEMPLOYMENT AMONG ASEAN-5 COUNTRIES","authors":"Kuang Yong, Ng, Zalina Zainal, Shamzaeffa Samsudin","doi":"10.33736/ijbs.6393.2023","DOIUrl":"https://doi.org/10.33736/ijbs.6393.2023","url":null,"abstract":"Unemployment, especially after the COVID-19 pandemic, is a critical issue for any country as it has economic and social ramifications. Consequently, forecasting unemployment becomes an essential task as it can guide government policy. Time series data are frequently influenced by outliers (unexpected events), and some outliers may exist with extreme observation to reduce the forecasting effectiveness of robust estimators. This study compared the performance of Autoregressive Integrated Moving Average (ARIMA), Seasonal Autoregressive Integrated Moving Average (SARIMA) and Generalised Autoregressive Conditional Heteroscedasticity (GARCH) models in modelling and forecasting unemployment rates during the COVID-19 pandemic among the ASEAN-5 countries. These countries include Malaysia, Singapore, Thailand, the Philippines and Indonesia. The monthly unemployment data from January 2010 to December 2021 were applied for all cases, except Thailand, until December 2020. Each adequate model from both forecasting mechanisms underwent forecasting. Their performance was compared based on root mean squared error (RMSE), mean absolute error (MAE), Theil inequality coefficient and symmetric mean absolute percentage error (SMAPE). Static forecasting from the ARIMA and SARIMA models was found to perform better than the GARCH model in modelling and forecasting the unemployment rate among ASEAN-5 countries during the pandemic period.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":"58 8","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-12-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139153167","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This research aims to assess how the mechanisms of corporate governance and ownership structure affect the capital structures of Chinese dual-listed companies that list their shares in the China A-share market and the Hong Kong market simultaneously from 2003 to 2019. A binary variable of state control firm attribute is introduced to proxy the political connection to the Chinese government. Both the independent director ratio and CEO duality are negatively and significantly associated with the long-term debt ratio. The board size negatively and significantly relates to the short-term debt ratio. Evidence of board members’ avoidance of investors’ pressure to use more debt and escape from debt lenders’ monitoring is observed in this research. Both foreign ownership and state ownership are significantly and negatively associate with the short-term debt ratio, but significantly and positively associate with the long-term debt ratio. Thus, both foreign investors and the Chinese government prefer the companies to achieve rapid growth through the use of more long-term debts. The binary variable of state control firm attribute has a significant positive association with the short-term debt ratio alone. However, evidence of declining use of long-term debt financing due to political connections, such as the issuance of equity, is not observed.
本研究旨在评估公司治理机制和所有权结构如何影响 2003 年至 2019 年同时在中国 A 股市场和香港市场上市的中国两地上市公司的资本结构。引入国家控制公司属性二元变量来代表与中国政府的政治联系。独立董事比例和 CEO 双重性与长期负债率显著负相关。董事会规模与短期债务率呈显著负相关。有证据表明，董事会成员为了避免投资者的压力，会使用更多的债务，并逃避债务贷方的监督。外资所有权和国有所有权与短期债务比率呈显著负相关，但与长期债务比率呈显著正相关。因此，外国投资者和中国政府都倾向于企业通过使用更多的长期债务来实现快速增长。仅国家控制企业属性这一二元变量与短期债务率就有显著的正相关。然而，并没有观察到因政治关系而减少使用长期债务融资的证据，如发行股票。
{"title":"THE IMPACTS OF CORPORATE GOVERNANCE MECHANISMS AND OWNERSHIP STRUCTURE ON CAPITAL STRUCTURE OF CHINESE DUAL-LISTED COMPANIES","authors":"Wing Kwong, Ei Yet","doi":"10.33736/ijbs.6394.2023","DOIUrl":"https://doi.org/10.33736/ijbs.6394.2023","url":null,"abstract":"This research aims to assess how the mechanisms of corporate governance and ownership structure affect the capital structures of Chinese dual-listed companies that list their shares in the China A-share market and the Hong Kong market simultaneously from 2003 to 2019. A binary variable of state control firm attribute is introduced to proxy the political connection to the Chinese government. Both the independent director ratio and CEO duality are negatively and significantly associated with the long-term debt ratio. The board size negatively and significantly relates to the short-term debt ratio. Evidence of board members’ avoidance of investors’ pressure to use more debt and escape from debt lenders’ monitoring is observed in this research. Both foreign ownership and state ownership are significantly and negatively associate with the short-term debt ratio, but significantly and positively associate with the long-term debt ratio. Thus, both foreign investors and the Chinese government prefer the companies to achieve rapid growth through the use of more long-term debts. The binary variable of state control firm attribute has a significant positive association with the short-term debt ratio alone. However, evidence of declining use of long-term debt financing due to political connections, such as the issuance of equity, is not observed.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":"124 17","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-12-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139154789","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Since 2010, social media use for business purposes has seen tremendous expansion. Businesses that implement a solid social media marketing plan may see enhanced results through improved performance on these channels. Though businesses increasingly rely on intuitive and trial-and-error techniques when developing their social media marketing strategy, we identify effective marketing strategies designed for Small and Medium-Sized Enterprises (SMEs) to optimize social media performance. As part of their marketing strategies, SMEs should moderate social media-based customer engagement to achieve maximum leverage. Our study employed quantitative purposive sampling to collect and analyze data from 265 food and beverage SMEs located in Solo, Semarang, Kudus and Jepara. Afterward, we utilized Structural Equation Modelling AMOS data collected through a questionnaire to test our empirical model and validate its prediction capabilities. Our findings demonstrate how effective social media marketing strategies can increase customer engagement with social media-based customer interactions and positively affect performance on these channels. Furthermore, SMEs should utilize brand exposure strategies through social media marketing in order to further boost social media-based customer interactions.
{"title":"FROM LIKES TO SALES: STUDY ON ENHANCING SOCIAL MEDIA PERFORMANCE FOR INDONESIAN SMES","authors":"M. Rifqy, Naili Farida, Farida Indriani","doi":"10.33736/ijbs.6407.2023","DOIUrl":"https://doi.org/10.33736/ijbs.6407.2023","url":null,"abstract":"Since 2010, social media use for business purposes has seen tremendous expansion. Businesses that implement a solid social media marketing plan may see enhanced results through improved performance on these channels. Though businesses increasingly rely on intuitive and trial-and-error techniques when developing their social media marketing strategy, we identify effective marketing strategies designed for Small and Medium-Sized Enterprises (SMEs) to optimize social media performance. As part of their marketing strategies, SMEs should moderate social media-based customer engagement to achieve maximum leverage. Our study employed quantitative purposive sampling to collect and analyze data from 265 food and beverage SMEs located in Solo, Semarang, Kudus and Jepara. Afterward, we utilized Structural Equation Modelling AMOS data collected through a questionnaire to test our empirical model and validate its prediction capabilities. Our findings demonstrate how effective social media marketing strategies can increase customer engagement with social media-based customer interactions and positively affect performance on these channels. Furthermore, SMEs should utilize brand exposure strategies through social media marketing in order to further boost social media-based customer interactions.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":"8 5","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139155403","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study used bibliometric analysis to derive meaningful insights from the literature related to the field of defense expenditure and economic development. The analysis covered 381 documents published across a range of journals from 1991–2021. The Scopus database and the bibliometric R package (R studio) were utilized to identify prominent journals, authors, countries, articles, and themes in the area under study. The study's findings revealed a noticeable increase in publications and citations over the years, indicating a positive yearly growth rate of 2.16%. Among the 161 journals examined, Defence and Peace Economics was found to be the most impactful, with 99 published articles, 1,743 citations, an h-index of 25, and a g-index of 34. Moreover, Dunne JP published the most papers, consistently remained the most cited author, and continued to be the most influential author, with an h-index of 12. The USA, China, and Greece produced the highest number of articles, while the collaborative networks of countries were divided into four major clusters, with researchers from the USA collaborating the most with researchers from other countries and the University of Cape Town and COMSATS Institute of Information Technology collaborating the most with other universities.
{"title":"EXPLORING THE DYNAMICS OF DEFENSE EXPENDITURE AND ECONOMIC DEVELOPMENT: A BIBLIOMETRIC ANALYSIS","authors":"S. Solanki, Achuta Ratna Paluri, Seema Singh","doi":"10.33736/ijbs.6423.2023","DOIUrl":"https://doi.org/10.33736/ijbs.6423.2023","url":null,"abstract":"This study used bibliometric analysis to derive meaningful insights from the literature related to the field of defense expenditure and economic development. The analysis covered 381 documents published across a range of journals from 1991–2021. The Scopus database and the bibliometric R package (R studio) were utilized to identify prominent journals, authors, countries, articles, and themes in the area under study. The study's findings revealed a noticeable increase in publications and citations over the years, indicating a positive yearly growth rate of 2.16%. Among the 161 journals examined, Defence and Peace Economics was found to be the most impactful, with 99 published articles, 1,743 citations, an h-index of 25, and a g-index of 34. Moreover, Dunne JP published the most papers, consistently remained the most cited author, and continued to be the most influential author, with an h-index of 12. The USA, China, and Greece produced the highest number of articles, while the collaborative networks of countries were divided into four major clusters, with researchers from the USA collaborating the most with researchers from other countries and the University of Cape Town and COMSATS Institute of Information Technology collaborating the most with other universities.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":"64 2","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139157263","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Dekeng Setyo, Budiarto, Muhammad Agung Prabowo, Tri Nur Kartika
Micro, Small, and Medium Enterprises (MSMEs) are business sectors known to play an essential role in the economic growth of a country, especially in Indonesia. In this context, the creative industry is one of the fastest-growing business sectors and the promotion of sustainable economic development is evident in the government's active support for improving the growth of MSMEs. Therefore, this study analyzes the impact of financial literacy and market orientation on the MSMEs performance and sustainability. The sample includes 95 respondents occupying the roles of owners or managers in the creative industry of Yogyakarta Province. The results show that financial literacy and market orientation positively impact performance and sustainability. The performance of MSMEs influences business sustainability but financial literacy has no significant impact. Therefore, the implications show the indispensable need for governmental assistance in improving the knowledge base of MSMEs owners concerning financial literacy and market orientation.
{"title":"DOES PERFORMANCE IMPROVE SUSTAINABILITY? EMPIRICAL RESEARCH ON INDONESIAN MSMEs","authors":"Dekeng Setyo, Budiarto, Muhammad Agung Prabowo, Tri Nur Kartika","doi":"10.33736/ijbs.6422.2023","DOIUrl":"https://doi.org/10.33736/ijbs.6422.2023","url":null,"abstract":"Micro, Small, and Medium Enterprises (MSMEs) are business sectors known to play an essential role in the economic growth of a country, especially in Indonesia. In this context, the creative industry is one of the fastest-growing business sectors and the promotion of sustainable economic development is evident in the government's active support for improving the growth of MSMEs. Therefore, this study analyzes the impact of financial literacy and market orientation on the MSMEs performance and sustainability. The sample includes 95 respondents occupying the roles of owners or managers in the creative industry of Yogyakarta Province. The results show that financial literacy and market orientation positively impact performance and sustainability. The performance of MSMEs influences business sustainability but financial literacy has no significant impact. Therefore, the implications show the indispensable need for governmental assistance in improving the knowledge base of MSMEs owners concerning financial literacy and market orientation.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":"51 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139155204","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Performance has received special attention in the context of Micro, Small, and Medium Enterprises (MSMEs) due to its important role in enhancing an organization's competitive advantage. This study aims to identify predictors of MSME performance. This study used a survey method with 240 respondents. We analyzed the data using Smart-PLS (Partial Least Square) for Structural Equation Modelling (SEM). The results show that Network Capability and Knowledge Creation positively affect MSME performance. Furthermore, Knowledge Creation acts as a mediator between them. This research provides further suggestions on how MSME owners can improve performance in their MSMEs.
{"title":"THE ROLE OF KNOWLEDGE CREATION IN MEDIATING THE EFFECT OF NETWORK CAPABILITY ON PERFORMANCE OF MICRO, SMALL, AND MEDIUM ENTERPRISES","authors":"Eko Sasono, Naili Farida, Harry Soesanto","doi":"10.33736/ijbs.6417.2023","DOIUrl":"https://doi.org/10.33736/ijbs.6417.2023","url":null,"abstract":"Performance has received special attention in the context of Micro, Small, and Medium Enterprises (MSMEs) due to its important role in enhancing an organization's competitive advantage. This study aims to identify predictors of MSME performance. This study used a survey method with 240 respondents. We analyzed the data using Smart-PLS (Partial Least Square) for Structural Equation Modelling (SEM). The results show that Network Capability and Knowledge Creation positively affect MSME performance. Furthermore, Knowledge Creation acts as a mediator between them. This research provides further suggestions on how MSME owners can improve performance in their MSMEs.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":"7 4","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139155500","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The effect of climate change on agriculture and food production has emerged as one of the major concerns of major global economies, especially given that the global population is projected to reach 10.9 billion people by the end of the 21st century (United Nations, 2019). Crops react differently to climate change and hence it is crucial to understand its effect on specific agricultural plants. Specifically, the impact of climate change on agriculture yield may not be linear. As such, this study investigated the impact of climate factors on oil palm yield using state level data from Malaysia. The results suggested that temperature and oil palm yield have a non-linear inverted U-shaped relationship. In addition, rainfall has a positive impact on oil palm yield.
气候变化对农业和粮食生产的影响已成为全球主要经济体关注的主要问题之一，特别是考虑到全球人口预计将在 21 世纪末达到 109 亿（联合国，2019 年）。农作物对气候变化的反应各不相同，因此了解气候变化对特定农业植物的影响至关重要。具体而言，气候变化对农业产量的影响可能不是线性的。因此，本研究利用马来西亚州级数据调查了气候因素对油棕产量的影响。结果表明，气温与油棕榈树产量呈非线性倒 U 型关系。此外，降雨量对油棕产量有积极影响。
{"title":"NON-LINEAR EFFECT OF TEMPERATURE ON OIL PALM YIELD: A NOTE BASED ON PANEL THRESHOLD ANALYSIS","authors":"Roy W.L. Khong, C. Pek, Hui-Boon Tan","doi":"10.33736/ijbs.6425.2023","DOIUrl":"https://doi.org/10.33736/ijbs.6425.2023","url":null,"abstract":"The effect of climate change on agriculture and food production has emerged as one of the major concerns of major global economies, especially given that the global population is projected to reach 10.9 billion people by the end of the 21st century (United Nations, 2019). Crops react differently to climate change and hence it is crucial to understand its effect on specific agricultural plants. Specifically, the impact of climate change on agriculture yield may not be linear. As such, this study investigated the impact of climate factors on oil palm yield using state level data from Malaysia. The results suggested that temperature and oil palm yield have a non-linear inverted U-shaped relationship. In addition, rainfall has a positive impact on oil palm yield.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":"14 12","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139156832","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Energy efficiency is like the ‘low hanging fruit’ in which improving energy efficiency is one of the easiest ways to lessen energy demand. Firms, large or small, can make a major positive contribution to energy sustainability by improving energy efficiency. This research attempts to examine the effects of SMEs’ perceptions in terms of knowledge, government intervention and personal norms on their support for energy efficiency improvement. A survey was carried out to collect data and empirical testing of the research model was conducted. The estimated results suggest that the factors of knowledge and government intervention have significant effects on SMEs’ support for energy efficiency improvement. In addition, the results show that personal norms is an important mediator variable in influencing SMEs’ decision to improve energy efficiency. The findings of this research provide some fresh insights on energy efficiency improvement of SMEs and several notable implications can be drawn from this research.
{"title":"SMES’ ENERGY EFFICIENCY IMPROVEMENT: THE ROLES OF KNOWLEDGE, GOVERNMENT INTERVENTION AND PERSONAL NORMS","authors":"Helen SH Lee, Lean Hooi Hooi","doi":"10.33736/ijbs.6426.2023","DOIUrl":"https://doi.org/10.33736/ijbs.6426.2023","url":null,"abstract":"Energy efficiency is like the ‘low hanging fruit’ in which improving energy efficiency is one of the easiest ways to lessen energy demand. Firms, large or small, can make a major positive contribution to energy sustainability by improving energy efficiency. This research attempts to examine the effects of SMEs’ perceptions in terms of knowledge, government intervention and personal norms on their support for energy efficiency improvement. A survey was carried out to collect data and empirical testing of the research model was conducted. The estimated results suggest that the factors of knowledge and government intervention have significant effects on SMEs’ support for energy efficiency improvement. In addition, the results show that personal norms is an important mediator variable in influencing SMEs’ decision to improve energy efficiency. The findings of this research provide some fresh insights on energy efficiency improvement of SMEs and several notable implications can be drawn from this research.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":"38 1","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139157271","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The establishment of Islamic banks is solely based on Sharia standards, which, if not followed, will have dire consequences of Sharia non-compliance, making IBs comparable to conventional banks. Sharia non-compliance can damage investor trust and income. Although Sharia is the primary distinction between IBs and CBs, Sharia non-compliance must be scrutinized to avoid non -compliance issues. The risk of Sharia non-compliance and the performance of Islamic banks in Africa are investigated in this research, covering the years 2015 through 2019. The research studied 27 Islamic banking institutions from 11 African countries. The Sharia non-compliance risk was evaluated using the size and competence of the Sharia committee. In addition, GDP, bank age and size were used as control variables. Data were analyzed using simple regression with EViews. The result shows that Sharia Committee Size positively correlates with African Islamic bank performance. The research also shows that the expertise of the Sharia Committee in Sharia positively affects Islamic bank performance. Banks with larger Sharia committees perform better, the studies revealed. All banks have a large number of Sharia specialists in their committees, indicating that having them is vital for establishing and smoothly running an Islamic bank.
{"title":"ISLAMIC BANKS IN AFRICA: THE RISK OF SHARIA NON-COMPLIANCE AND FINANCIAL PERFROMANCE","authors":"Aishatu Usman Muhammad, Murni Yusoff","doi":"10.33736/ijbs.6419.2023","DOIUrl":"https://doi.org/10.33736/ijbs.6419.2023","url":null,"abstract":"The establishment of Islamic banks is solely based on Sharia standards, which, if not followed, will have dire consequences of Sharia non-compliance, making IBs comparable to conventional banks. Sharia non-compliance can damage investor trust and income. Although Sharia is the primary distinction between IBs and CBs, Sharia non-compliance must be scrutinized to avoid non -compliance issues. The risk of Sharia non-compliance and the performance of Islamic banks in Africa are investigated in this research, covering the years 2015 through 2019. The research studied 27 Islamic banking institutions from 11 African countries. The Sharia non-compliance risk was evaluated using the size and competence of the Sharia committee. In addition, GDP, bank age and size were used as control variables. Data were analyzed using simple regression with EViews. The result shows that Sharia Committee Size positively correlates with African Islamic bank performance. The research also shows that the expertise of the Sharia Committee in Sharia positively affects Islamic bank performance. Banks with larger Sharia committees perform better, the studies revealed. All banks have a large number of Sharia specialists in their committees, indicating that having them is vital for establishing and smoothly running an Islamic bank.","PeriodicalId":13836,"journal":{"name":"International Journal of Business and Society","volume":"2 3","pages":""},"PeriodicalIF":1.0,"publicationDate":"2023-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139155339","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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