This study was purposed to determine whether online learning influences e-service quality at the university administration during the pandemic and its impact on intention to enrol, because all high school students have been learning from home for two years, so the interaction behavior has pushed the administration of the university to become more digital than before. The second problem is that before this research, most marketing approaches only focused on positive emotions to make a decision to enroll, and this research has proven that the negative emotion can be used by marketing to influence the student to enrol in the university. The methodology in this research is a quantitative methodology the partial least squares structural equation modeling (PLS-SEM) analysis method using the SmartPLS was applied. A multi-equation model, namely the outer model and inner model, was used. In the outer model, the sample consists of 242 students of tenth to twelfth grade in high school in Jakarta, Banten, Lampung, and Yogyakarta. The main finding and contribution from this research are that the online experience of students in higher education will influence the e-service quality at the university administration, so the student experience in online learning influence e-service quality to intention to enroll. It was found that negative emotion positively influences and is significant to the intention to enrol and this can be used for one of the marketing strategies. The limitation of this research is that the negative emotions in this research cover only nervousness, so further research can test other negative emotions that can affect the intention to enroll.
{"title":"Innovation marketing management by using negative emotional value and impact of online learning on intention to enrol","authors":"Hendra Achmadi, Rudy Pramono","doi":"10.22495/jgrv12i3siart4","DOIUrl":"https://doi.org/10.22495/jgrv12i3siart4","url":null,"abstract":"This study was purposed to determine whether online learning influences e-service quality at the university administration during the pandemic and its impact on intention to enrol, because all high school students have been learning from home for two years, so the interaction behavior has pushed the administration of the university to become more digital than before. The second problem is that before this research, most marketing approaches only focused on positive emotions to make a decision to enroll, and this research has proven that the negative emotion can be used by marketing to influence the student to enrol in the university. The methodology in this research is a quantitative methodology the partial least squares structural equation modeling (PLS-SEM) analysis method using the SmartPLS was applied. A multi-equation model, namely the outer model and inner model, was used. In the outer model, the sample consists of 242 students of tenth to twelfth grade in high school in Jakarta, Banten, Lampung, and Yogyakarta. The main finding and contribution from this research are that the online experience of students in higher education will influence the e-service quality at the university administration, so the student experience in online learning influence e-service quality to intention to enroll. It was found that negative emotion positively influences and is significant to the intention to enrol and this can be used for one of the marketing strategies. The limitation of this research is that the negative emotions in this research cover only nervousness, so further research can test other negative emotions that can affect the intention to enroll.","PeriodicalId":15974,"journal":{"name":"Journal of Governance and Regulation","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135002283","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}
Pub Date : 2023-01-01DOI: 10.22495/jgrv12i3siart10
Mohannad Obeid Al Shbail, Tareq O. Bani-Khalid, Husam Ananzeh, Huthaifa Al-Hazaima, Awn Al Shbail
For many professionals, blockchain technology is important. However, the adoption of blockchain technology has not been effectively prepared for by auditors. Blockchain can disturb the accounting profession due to inappropriate integration, leading employees to encounter “technostress” (Smith, 2018; Fischer & Riedl, 2017). This study aims to examine how technostress affects auditors’ plans to adopt blockchain technology. The technology acceptance model (TAM) and technostress are combined in a proposed model. Accordingly, the study developed hypotheses suggesting that: technostress negatively affects the ease of use and perceived utility of the blockchain; perceived ease of use and perceived usefulness have a positive effect on favorable attitudes towards the use of the blockchain; a favorable attitude towards technology adoption impacts positively on the behavioral intention to adopt blockchain. A group of auditors (142) from Big Four (Big 4) and non-Big 4 audit firms provided information via questionnaires that were already administrated and validated. The findings support the hypotheses that technostress affects the perceived usefulness and ease of use of blockchain technology. Attitude toward adoption decision is significantly predicted by perceived usefulness and ease of use, whereas attitude toward adoption decision significantly predicts the behavioral intention to adopt blockchain technology. Overall, the findings can benefit accountants, auditors, and managers of audit firms.
{"title":"Technostress impact on the intention to adopt blockchain technology in auditing companies","authors":"Mohannad Obeid Al Shbail, Tareq O. Bani-Khalid, Husam Ananzeh, Huthaifa Al-Hazaima, Awn Al Shbail","doi":"10.22495/jgrv12i3siart10","DOIUrl":"https://doi.org/10.22495/jgrv12i3siart10","url":null,"abstract":"For many professionals, blockchain technology is important. However, the adoption of blockchain technology has not been effectively prepared for by auditors. Blockchain can disturb the accounting profession due to inappropriate integration, leading employees to encounter “technostress” (Smith, 2018; Fischer & Riedl, 2017). This study aims to examine how technostress affects auditors’ plans to adopt blockchain technology. The technology acceptance model (TAM) and technostress are combined in a proposed model. Accordingly, the study developed hypotheses suggesting that: technostress negatively affects the ease of use and perceived utility of the blockchain; perceived ease of use and perceived usefulness have a positive effect on favorable attitudes towards the use of the blockchain; a favorable attitude towards technology adoption impacts positively on the behavioral intention to adopt blockchain. A group of auditors (142) from Big Four (Big 4) and non-Big 4 audit firms provided information via questionnaires that were already administrated and validated. The findings support the hypotheses that technostress affects the perceived usefulness and ease of use of blockchain technology. Attitude toward adoption decision is significantly predicted by perceived usefulness and ease of use, whereas attitude toward adoption decision significantly predicts the behavioral intention to adopt blockchain technology. Overall, the findings can benefit accountants, auditors, and managers of audit firms.","PeriodicalId":15974,"journal":{"name":"Journal of Governance and Regulation","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135311281","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}
Pub Date : 2023-01-01DOI: 10.22495/jgrv12i3siart13
Maria Oluyeju, Olufemi Oluyeju
Infrastructure acts as a catalyst for human and economic development and is critical to the general functioning of a society. It defines a country’s international competitiveness and creates jobs (Chen, 2018). However, in Sub-Saharan Africa (SSA), it is well documented that, in terms of the most common measures of infrastructure development, the region typically lags behind most developing regions (Calderon et al., 2018). Although the region is abundantly rich in natural resources, with discoveries being continuously made, the lack of infrastructure remains one of the significant obstacles to sustaining economic development in the region. Given the constraints on traditional sources of infrastructure finance, resources-for-infrastructure (R4I) deals present one of the most promising financing techniques for bridging the infrastructure gaps in SSA (Halland et al., 2014). Its potential use, however, begs the question of whether R4I deals guarantee remunerative returns by ensuring the mutuality of benefits between host nations and foreign developers. In answering this question, we used a theoretical or doctrinal approach. Although certain aspects of R4I deals as a financing mechanism are flawed, this mechanism can be leveraged to address the huge infrastructure deficit in the region. This paper thus informs policymakers on the aspects of R4I deals that need reform.
基础设施是人类和经济发展的催化剂,对社会的总体运作至关重要。它定义了一个国家的国际竞争力并创造了就业机会(Chen, 2018)。然而,在撒哈拉以南非洲(SSA),有充分证据表明,就最常见的基础设施发展指标而言,该地区通常落后于大多数发展中地区(Calderon et al., 2018)。虽然该区域自然资源丰富,而且不断有新发现,但缺乏基础设施仍然是阻碍该区域持续经济发展的重大障碍之一。鉴于传统基础设施融资来源的限制,资源换基础设施(R4I)交易是弥合SSA基础设施缺口的最有前途的融资技术之一(Halland等人,2014)。然而,它的潜在用途回避了一个问题,即R4I交易是否通过确保东道国和外国开发商之间的利益互惠来保证有报酬的回报。在回答这个问题时,我们使用了理论或教义的方法。尽管R4I交易作为一种融资机制在某些方面存在缺陷,但可以利用这一机制来解决该地区巨大的基础设施赤字。因此,本文向政策制定者介绍了R4I交易中需要改革的方面。
{"title":"A study of the resources-for-infrastructure agreements in oil-rich markets","authors":"Maria Oluyeju, Olufemi Oluyeju","doi":"10.22495/jgrv12i3siart13","DOIUrl":"https://doi.org/10.22495/jgrv12i3siart13","url":null,"abstract":"Infrastructure acts as a catalyst for human and economic development and is critical to the general functioning of a society. It defines a country’s international competitiveness and creates jobs (Chen, 2018). However, in Sub-Saharan Africa (SSA), it is well documented that, in terms of the most common measures of infrastructure development, the region typically lags behind most developing regions (Calderon et al., 2018). Although the region is abundantly rich in natural resources, with discoveries being continuously made, the lack of infrastructure remains one of the significant obstacles to sustaining economic development in the region. Given the constraints on traditional sources of infrastructure finance, resources-for-infrastructure (R4I) deals present one of the most promising financing techniques for bridging the infrastructure gaps in SSA (Halland et al., 2014). Its potential use, however, begs the question of whether R4I deals guarantee remunerative returns by ensuring the mutuality of benefits between host nations and foreign developers. In answering this question, we used a theoretical or doctrinal approach. Although certain aspects of R4I deals as a financing mechanism are flawed, this mechanism can be leveraged to address the huge infrastructure deficit in the region. This paper thus informs policymakers on the aspects of R4I deals that need reform.","PeriodicalId":15974,"journal":{"name":"Journal of Governance and Regulation","volume":"32 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135442575","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 research investigates the effect of various macroeconomic factors on health care spending using time series data for Albania for the period from 2000 to 2020. Health care expenditure is measured as a percentage of gross domestic product (GDP), out-of-pocket expenses, domestic private health expenditure, and external health expenditure per capita. Understanding what influences health spending is the main goal of the following study. In the study, explanatory variables are divided into two groups: demographic and socioeconomic determinants. These determinants include factors, such as GDP per capita, deposit interest rate, remittances, life expectancy, population rate growth, number of physicians, etc. Findings indicate that health expenditure expressed as a percentage of GDP is negatively affected by deposit interest rate and positively influenced by population aged 65 years old and over, life expectancy, mortality rate, and number of physicians for 1,000 people. On the other hand, remittances positively affect household out-of-pocket expenditure and external health expenditure. Remittance flows are significant in driving health care expenditures when compared to income such as GDP per capita. These income flows from abroad may contribute to stabilization in the use of health care services by poorer households or those households lacking health care coverage. This paper certainly contributes to the larger discussion about the relationship between socioeconomic factors and the welfare state.
{"title":"Evaluation of socioeconomic aspects triggering health care spending","authors":"Ermira H. Kalaj, Kelt Kalaj","doi":"10.22495/jgrv12i3siart2","DOIUrl":"https://doi.org/10.22495/jgrv12i3siart2","url":null,"abstract":"The research investigates the effect of various macroeconomic factors on health care spending using time series data for Albania for the period from 2000 to 2020. Health care expenditure is measured as a percentage of gross domestic product (GDP), out-of-pocket expenses, domestic private health expenditure, and external health expenditure per capita. Understanding what influences health spending is the main goal of the following study. In the study, explanatory variables are divided into two groups: demographic and socioeconomic determinants. These determinants include factors, such as GDP per capita, deposit interest rate, remittances, life expectancy, population rate growth, number of physicians, etc. Findings indicate that health expenditure expressed as a percentage of GDP is negatively affected by deposit interest rate and positively influenced by population aged 65 years old and over, life expectancy, mortality rate, and number of physicians for 1,000 people. On the other hand, remittances positively affect household out-of-pocket expenditure and external health expenditure. Remittance flows are significant in driving health care expenditures when compared to income such as GDP per capita. These income flows from abroad may contribute to stabilization in the use of health care services by poorer households or those households lacking health care coverage. This paper certainly contributes to the larger discussion about the relationship between socioeconomic factors and the welfare state.","PeriodicalId":15974,"journal":{"name":"Journal of Governance and Regulation","volume":"51 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136299532","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 aims to investigate the impact of cash flow volatility on the debt maturity structure choices of corporations in the Gulf Cooperation Council (GCC) countries, a region with large gross domestic products (GDPs), negligible corporate taxes, and bank-based economies. The study uses a four-year rolling standard deviation of cash flows as a proxy for volatility and examines its impact on the use of long-term debt by applying the two-stage least square estimator. In addition, the study constructs a categorical debt maturity variable and applies the ordered probit regression to analyze the impact of volatility on the probability of having long-term debt. The findings of this study show that both the proportion of long-term debt relative to total debt and the probability of having long-term debt decrease significantly with volatility. These findings suggest that volatility limits GCC firms’ use of long-term borrowing which has implications for their private investments. Other findings indicate that firm size, asset tangibility, asset maturity, and leverage have a positive impact on debt maturity while growth opportunities have a negative impact, which suggests that GCC firms use short-term debt to reduce agency and liquidity costs.
{"title":"Cash flow volatility and debt maturity structure: Evidence from the Gulf Cooperation Council countries","authors":"Ghada Tayem, Fadi Altwal","doi":"10.22495/jgrv12i4art11","DOIUrl":"https://doi.org/10.22495/jgrv12i4art11","url":null,"abstract":"This study aims to investigate the impact of cash flow volatility on the debt maturity structure choices of corporations in the Gulf Cooperation Council (GCC) countries, a region with large gross domestic products (GDPs), negligible corporate taxes, and bank-based economies. The study uses a four-year rolling standard deviation of cash flows as a proxy for volatility and examines its impact on the use of long-term debt by applying the two-stage least square estimator. In addition, the study constructs a categorical debt maturity variable and applies the ordered probit regression to analyze the impact of volatility on the probability of having long-term debt. The findings of this study show that both the proportion of long-term debt relative to total debt and the probability of having long-term debt decrease significantly with volatility. These findings suggest that volatility limits GCC firms’ use of long-term borrowing which has implications for their private investments. Other findings indicate that firm size, asset tangibility, asset maturity, and leverage have a positive impact on debt maturity while growth opportunities have a negative impact, which suggests that GCC firms use short-term debt to reduce agency and liquidity costs.","PeriodicalId":15974,"journal":{"name":"Journal of Governance and Regulation","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135261980","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 purpose of the paper is articulated well, targeting an essential aspect of modern business management: the impact of organizational culture (OC) and shared leadership (SL) on digital transformation (DT), and its subsequent effect on firm performance (FP). The use of structural equation modeling (SEM) in data analysis provides a strong basis for determining relationships between the variables involved, as this method can handle complex relationships effectively. The sample size of 245 managers and information technology (IT) staff across 49 commercial enterprises appears suitable, but the selection only from enterprises in the Mekong Delta region of Vietnam may introduce geographical biases into the study. The paper confirms and builds upon established research, indicating a positive correlation between organizational cultural values, shared leadership, digital transformation, and firm performance. Such a connection is crucial in today’s digital age. The paper has rightfully pointed out the limitations of the study, mainly that the generalizability of results may be affected due to the convenience sampling method. Additionally, the geographical limitation (Mekong Delta region) could potentially impact the application of these results to other regions or countries. The authors’ exploration of organizational culture values and shared leadership as drivers of digital transformation in the context of Vietnam offers a fresh perspective, considering that studies in this specific context seem to be limited.
{"title":"The influence of organizational culture and shared leadership on digital transformation and firm performance","authors":"Duc Ho Dai, Khuong Huynh Tan","doi":"10.22495/jgrv12i3siart3","DOIUrl":"https://doi.org/10.22495/jgrv12i3siart3","url":null,"abstract":"The purpose of the paper is articulated well, targeting an essential aspect of modern business management: the impact of organizational culture (OC) and shared leadership (SL) on digital transformation (DT), and its subsequent effect on firm performance (FP). The use of structural equation modeling (SEM) in data analysis provides a strong basis for determining relationships between the variables involved, as this method can handle complex relationships effectively. The sample size of 245 managers and information technology (IT) staff across 49 commercial enterprises appears suitable, but the selection only from enterprises in the Mekong Delta region of Vietnam may introduce geographical biases into the study. The paper confirms and builds upon established research, indicating a positive correlation between organizational cultural values, shared leadership, digital transformation, and firm performance. Such a connection is crucial in today’s digital age. The paper has rightfully pointed out the limitations of the study, mainly that the generalizability of results may be affected due to the convenience sampling method. Additionally, the geographical limitation (Mekong Delta region) could potentially impact the application of these results to other regions or countries. The authors’ exploration of organizational culture values and shared leadership as drivers of digital transformation in the context of Vietnam offers a fresh perspective, considering that studies in this specific context seem to be limited.","PeriodicalId":15974,"journal":{"name":"Journal of Governance and Regulation","volume":"30 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136301872","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 examines the bargain purchase option, which gives the lessee the option to buy the leased asset at the end of the lease period at a price significantly less than its fair market value. The study analyses the approach that the laws of Jordan and the United Arab Emirates (UAE) employ to enable the lessee to practice this option (Al-Azzawi, 2013). To achieve this goal, the main foundations and characteristics of the lessee’s option to purchase are studied under both jurisdictions showing that while Jordanian law treats the option to purchase as a contractual choice (Al Khasawana, 2005), the UAE law moved further to protect the option by law. This difference is discussed in terms of its impact on the degree of protection that prospective users of financial leases may enjoy with regard to the bargain purchase option. This article concludes with some results and recommendations for sake of improvement, mainly the need to embrace legal protection of the option to purchase under the Jordanian legal system, and the need to grant the lessee the right to seek compensation in the case of lessor’s failure to transfer the leased property within the period set by the law in the UAE.
{"title":"The bargain purchase option: Should it be more than an option?","authors":"T. Kameel, Nour Al-Hajaya, Mutasim Ahmad Alqudah","doi":"10.22495/jgrv12i1art6","DOIUrl":"https://doi.org/10.22495/jgrv12i1art6","url":null,"abstract":"This study examines the bargain purchase option, which gives the lessee the option to buy the leased asset at the end of the lease period at a price significantly less than its fair market value. The study analyses the approach that the laws of Jordan and the United Arab Emirates (UAE) employ to enable the lessee to practice this option (Al-Azzawi, 2013). To achieve this goal, the main foundations and characteristics of the lessee’s option to purchase are studied under both jurisdictions showing that while Jordanian law treats the option to purchase as a contractual choice (Al Khasawana, 2005), the UAE law moved further to protect the option by law. This difference is discussed in terms of its impact on the degree of protection that prospective users of financial leases may enjoy with regard to the bargain purchase option. This article concludes with some results and recommendations for sake of improvement, mainly the need to embrace legal protection of the option to purchase under the Jordanian legal system, and the need to grant the lessee the right to seek compensation in the case of lessor’s failure to transfer the leased property within the period set by the law in the UAE.","PeriodicalId":15974,"journal":{"name":"Journal of Governance and Regulation","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68785093","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 aims to provide a bibliometric review (Zupic & Čater, 2015; Hallinger, 2019) of the corporate governance and firm value knowledge base. This paper is guided by PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-Analyses) and based on the Scopus index for determining and extracting data. A total of 1,661 articles from 1983 to 2021 are included. The USA, the UK, and Australia are the leaders in the literature. A significant gap exists for further research from developing and non-Western settings. We identified authors with the highest citations (Danny Miller, Luc Renneboog, and Kose John), the most prominent authors based on the citation for each document (Danny Miller, Luc Renneboog, and Igor Filatotchev), and the most highly cited documents (“Higher market valuation of companies with a small board of directors”, Yermack, 1996; “Disentangling the incentive and entrenchment effects of large shareholdings”, Claessens et al., 2002, and “Boards: Does one size fit all?”, Coles et al., 2008). Besides, the review reveals an intellectual structure of the corporate governance and firm value knowledge base in three schools of thought: agency theory, firm value, and boards of directors. Our findings provide an overview of top-influential research for new scholars and enable us to identify highly cited theoretical foundations quickly.
本研究旨在提供文献计量学综述(Zupic & Čater, 2015;Hallinger, 2019)的公司治理和企业价值知识库。本文以PRISMA (Preferred Reporting Items for Systematic Reviews and meta - analysis)为指导,基于Scopus索引确定和提取数据。从1983年到2021年共收录了1661篇文章。美国、英国和澳大利亚在这方面处于领先地位。发展中国家和非西方国家的进一步研究存在很大差距。我们确定了引用率最高的作者(Danny Miller, Luc Renneboog和Kose John),根据每个文档的引用率确定了最杰出的作者(Danny Miller, Luc Renneboog和Igor Filatotchev),以及引用率最高的文件(“拥有小董事会的公司的更高市场估值”,Yermack, 1996;“解开大股东的激励和堑壕效应”,Claessens et al., 2002,和“董事会:一个大小适合所有吗?”, Coles et al., 2008)。此外,本文还从代理理论、公司价值理论和董事会三个思想流派中揭示了公司治理的知识结构和公司价值知识库。我们的发现为新学者提供了最具影响力研究的概述,并使我们能够快速识别高引用的理论基础。
{"title":"Bibliometric review of research on corporate governance and firm value","authors":"Arusaya Thamaree, Simon Zaby","doi":"10.22495/jgrv12i1art4","DOIUrl":"https://doi.org/10.22495/jgrv12i1art4","url":null,"abstract":"This study aims to provide a bibliometric review (Zupic & Čater, 2015; Hallinger, 2019) of the corporate governance and firm value knowledge base. This paper is guided by PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-Analyses) and based on the Scopus index for determining and extracting data. A total of 1,661 articles from 1983 to 2021 are included. The USA, the UK, and Australia are the leaders in the literature. A significant gap exists for further research from developing and non-Western settings. We identified authors with the highest citations (Danny Miller, Luc Renneboog, and Kose John), the most prominent authors based on the citation for each document (Danny Miller, Luc Renneboog, and Igor Filatotchev), and the most highly cited documents (“Higher market valuation of companies with a small board of directors”, Yermack, 1996; “Disentangling the incentive and entrenchment effects of large shareholdings”, Claessens et al., 2002, and “Boards: Does one size fit all?”, Coles et al., 2008). Besides, the review reveals an intellectual structure of the corporate governance and firm value knowledge base in three schools of thought: agency theory, firm value, and boards of directors. Our findings provide an overview of top-influential research for new scholars and enable us to identify highly cited theoretical foundations quickly.","PeriodicalId":15974,"journal":{"name":"Journal of Governance and Regulation","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68785473","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}
Over the past several years the COVID-19 pandemic has devasted Thailand’s economy while simultaneously destroying the ability of numerous snack food enterprises to sell their home-grown products domestically and to export to the broader international community. Therefore, the purpose of the research was to investigate which factors affected the export performance (XPE) of Thai One Tambon One Product (OTOP) entrepreneur snack food products. From a list of OTOP export producers, the authors used systematic random sampling across six Thai regions to select the study’s 311 export entrepreneurs. The structural equation model (SEM) analysis used LISREL 9.1 to determine the validity of the causal model and the variable interrelationships and how they affected OTOP snack food XPE. The SEM results revealed that innovative products (IPT), innovative processes (IPS), packaging design (PAD), the marketing mix strategy (MMS), and product quality (PDQ) all positively influenced XPE. Also, the total effect values for MMS, PAD, PDQ, IPT, and IPS, were 0.27, 0.22, 0.21, 0.15, and 0.05, respectively. Nine of the eleven hypotheses examined were supported, with PAD being shown to strongly influence MMS. This paper makes a significant contribution to the global discussion concerning rural poverty reduction, rural employment, and entrepreneurial handicraft export performance.
{"title":"Business strategies of snack food product export performance: A structural equation model analysis","authors":"Sawitree Boonnarakorn, Samart Deebhijarn, Woranat Sangmanee","doi":"10.22495/jgrv12i1art10","DOIUrl":"https://doi.org/10.22495/jgrv12i1art10","url":null,"abstract":"Over the past several years the COVID-19 pandemic has devasted Thailand’s economy while simultaneously destroying the ability of numerous snack food enterprises to sell their home-grown products domestically and to export to the broader international community. Therefore, the purpose of the research was to investigate which factors affected the export performance (XPE) of Thai One Tambon One Product (OTOP) entrepreneur snack food products. From a list of OTOP export producers, the authors used systematic random sampling across six Thai regions to select the study’s 311 export entrepreneurs. The structural equation model (SEM) analysis used LISREL 9.1 to determine the validity of the causal model and the variable interrelationships and how they affected OTOP snack food XPE. The SEM results revealed that innovative products (IPT), innovative processes (IPS), packaging design (PAD), the marketing mix strategy (MMS), and product quality (PDQ) all positively influenced XPE. Also, the total effect values for MMS, PAD, PDQ, IPT, and IPS, were 0.27, 0.22, 0.21, 0.15, and 0.05, respectively. Nine of the eleven hypotheses examined were supported, with PAD being shown to strongly influence MMS. This paper makes a significant contribution to the global discussion concerning rural poverty reduction, rural employment, and entrepreneurial handicraft export performance.","PeriodicalId":15974,"journal":{"name":"Journal of Governance and Regulation","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"68784794","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}
Thailand has experienced significant growth in the e-commerce sector, with a particular emphasis on social commerce. Social commerce platforms, which integrate social networking and online shopping, have gained substantial popularity among Thai consumers. This unique market landscape makes Thailand an interesting context to explore consumer behaviour within the realm of social commerce platform migration (Hirankasi & Klungjaturavet, 2021). This study specifically focuses on consumer behaviour related to the decision to migrate from one social commerce platform to another in Thailand. A qualitative research approach was adopted, employing in-depth interviews with nine key informants who had undergone such migration. Purposive sampling was utilized to select participants with firsthand experience in switching social commerce platforms. The collected qualitative data were then analyzed through content analysis using NVivo software. The study’s findings shed light on the factors influencing the choice of a social commerce platform. Notably, social support, motivation, and technology emerged as key drivers in consumers’ decision-making processes. Providers of social commerce platforms are encouraged to prioritize these aspects to enhance customer satisfaction and retention. By focusing on improving social support, motivating factors, and leveraging technological advancements, social commerce platforms and online shopping marketplaces can increase customer satisfaction and potentially attract more users to switch their social commerce platforms.
{"title":"The utilization of social commerce platform in developing economies","authors":"Saranchana Asanprakit, Tanpat Kraiwanit","doi":"10.22495/jgrv12i4art13","DOIUrl":"https://doi.org/10.22495/jgrv12i4art13","url":null,"abstract":"Thailand has experienced significant growth in the e-commerce sector, with a particular emphasis on social commerce. Social commerce platforms, which integrate social networking and online shopping, have gained substantial popularity among Thai consumers. This unique market landscape makes Thailand an interesting context to explore consumer behaviour within the realm of social commerce platform migration (Hirankasi & Klungjaturavet, 2021). This study specifically focuses on consumer behaviour related to the decision to migrate from one social commerce platform to another in Thailand. A qualitative research approach was adopted, employing in-depth interviews with nine key informants who had undergone such migration. Purposive sampling was utilized to select participants with firsthand experience in switching social commerce platforms. The collected qualitative data were then analyzed through content analysis using NVivo software. The study’s findings shed light on the factors influencing the choice of a social commerce platform. Notably, social support, motivation, and technology emerged as key drivers in consumers’ decision-making processes. Providers of social commerce platforms are encouraged to prioritize these aspects to enhance customer satisfaction and retention. By focusing on improving social support, motivating factors, and leveraging technological advancements, social commerce platforms and online shopping marketplaces can increase customer satisfaction and potentially attract more users to switch their social commerce platforms.","PeriodicalId":15974,"journal":{"name":"Journal of Governance and Regulation","volume":"356 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135318460","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}