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The Impact of Country of Origin, Trust, and Satisfaction on Online Purchase Intention in Emerging Markets: An Indian Perspective 原产国、信任和满意度对新兴市场在线购买意愿的影响:一个印度的视角
Pub Date : 2022-03-16 DOI: 10.1177/22786821221082617
Saptarshi Bhattacharya, Rajendra Prasad Sharma
This study investigates consumer online purchase intentions in emerging markets by focusing on the impact of country of origin (COO), trust, and satisfaction. The findings emanate from an analysis of the online survey completed by 987 Indian online shoppers. The partial least squares structural equation modeling (PLS-SEM) on SmartPLS was used for analyzing the data. The results indicate that COO plays a vital role in influencing online purchase intentions with the mediating effect of trust and satisfaction. The study finds that COO cues enhance consumer trust and satisfaction, thereby leading to purchase intention. The results indicate that online retailers operating in India, originating either from India or developed countries like the USA should use their country brand to build popularity. Furthermore, this study helps to understand the influence of COO on online purchase intentions in an emerging market like India more comprehensively.
本研究通过关注原产国(COO)、信任和满意度的影响来调查新兴市场消费者的在线购买意愿。这些发现来自对987名印度在线购物者完成的在线调查的分析。采用SmartPLS的偏最小二乘结构方程模型(PLS-SEM)对数据进行分析。研究结果表明,首席运营官在影响网络购买意愿中起着至关重要的作用,信任和满意度具有中介作用。研究发现,COO暗示增强了消费者的信任和满意度,从而产生购买意愿。结果表明,在印度经营的在线零售商,无论是来自印度还是来自美国等发达国家的零售商,都应该使用本国品牌来建立知名度。此外,本研究有助于更全面地了解COO对印度等新兴市场在线购买意愿的影响。
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引用次数: 1
Empirical Testing of Co-integration of International Financial Markets with Reference to India, the USA, Japan, and Hong Kong 国际金融市场协整的实证检验——以印度、美国、日本和香港为例
Pub Date : 2022-03-16 DOI: 10.1177/22786821221082923
Aditya Keshari, Amit Gautam
This article examines the co-integration among the financial markets of four countries (India, the USA, Japan, and Hong Kong) from April 2010 to May 2021. Using the Johansen co-integration test, we establish the integration between the stock markets of these countries. The test clearly shows that there exists long-run co-integration between these countries. Furthermore, we checked the relationship of one country with another by applying the multivariate Granger causality test, which shows the influence of the US market over the other countries. The results significantly show the existence of long-run co-integration and linkages between these financial markets. Applying the Vector error correction model and variance decomposition analysis for the period confirms the result obtained from multivariate Granger causality. As the study shows, the stock market of the countries is not entirely inter-linked. However, some tests provide the pairwise linkages but not when talking about all the nations together. That means the rise in one stock market does not necessarily impact the surge in other stock exchanges, which means investors can profit from diversifying between these stock exchanges. It provides the opportunity for portfolio diversification to investors. The study shows that “the international stock market is neither fully integrated nor completely segmented,” giving international diversification an opportunity. As in our study, the “U.S. market is the most exogenous,” and the Japanese market is relatively isolated from the other market, where the impact from the different markets is not that significant.
本文考察了2010年4月至2021年5月四个国家(印度、美国、日本和香港)金融市场之间的协整。利用协整检验,我们建立了这些国家的股票市场之间的整合。检验清楚地表明,这些国家之间存在长期协整。此外,我们通过多元格兰杰因果检验检验了各国之间的关系,这显示了美国市场对其他国家的影响。结果表明,这些金融市场之间存在长期协整和联系。运用向量误差修正模型和方差分解分析对这一时期进行分析,证实了多元格兰杰因果关系的结果。正如研究表明的那样,这些国家的股票市场并不完全相互关联。然而,一些测试提供了两两联系,但不是在谈论所有国家在一起。这意味着一个股票市场的上涨不一定会影响其他股票交易所的上涨,这意味着投资者可以通过在这些股票交易所之间分散投资而获利。它为投资者提供了投资组合多样化的机会。研究表明,“国际股票市场既没有完全整合,也没有完全分割”,这给国际多元化提供了机会。在我们的研究中,“美国市场是最外生的,”而日本市场相对孤立于其他市场,来自不同市场的影响不是那么显著。
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引用次数: 1
COVID-19 and Unemployment: Showcasing Sub-Saharan African Experience 2019冠状病毒病与失业:展示撒哈拉以南非洲的经验
Pub Date : 2022-03-10 DOI: 10.1177/22786821221082955
Fisayo Fagbemi, T. Osinubi, O. S. Olatunde
In the face of unusual global health crisis, governments would strive to foster right conditions through maintenance of broad-based macro-economic management for businesses to thrive. However, the COVID-19 pandemic response measures have put a disproportionate burden on most economies, especially in the region with high economic vulnerabilities. Between 2020 and 2021, the outbreak of COVID-19 has not only upended normal economic and social pattern but also distorted the development trajectory in Sub-Saharan Africa (SSA). Hence, this study reveals how lack of economic resilience weakened policymakers’ capacity to maintain an inclusive and sustainable policy approach across African countries, which has accentuated underdevelopment and unemployment crisis. Through the conceptual coverage of the economic impact of COVID-19 policy measures in the SSA region, the adverse effect of the pandemic on employment is further confirmed. The effect of the COVID-19 outbreak on unemployment seems to have outweighed the resulting morbidity and fatality. Furthermore, the impact of COVID-19 policy responses on unemployment was found to be pervasive in key SSA economies like Nigeria and South Africa. This has led to entrenched social crisis and pandemic-induced economic challenges in the region. It is therefore suggested that maintaining appropriate policy measures is critical to offsetting the structural characteristics that have given rise to unemployment crisis in the region. In addition, with the support of international organizations, the use of COVID-19 vaccines with effective treatments should be encouraged across African countries.
面对不寻常的全球卫生危机,各国政府将努力通过维持基础广泛的宏观经济管理,为企业的蓬勃发展创造适当的条件。然而,COVID-19大流行应对措施给大多数经济体带来了不成比例的负担,特别是在经济高度脆弱性的地区。2020年至2021年,新冠肺炎疫情不仅颠覆了撒哈拉以南非洲地区正常的经济社会格局,也扭曲了该地区的发展轨迹。因此,本研究揭示了经济弹性的缺乏如何削弱了政策制定者在非洲国家维持包容性和可持续政策方针的能力,从而加剧了不发达和失业危机。通过对新冠肺炎政策措施在SSA地区经济影响的概念性覆盖,进一步确认了疫情对就业的不利影响。COVID-19疫情对失业的影响似乎超过了由此导致的发病率和死亡率。此外,研究发现,2019冠状病毒病应对政策对失业的影响在尼日利亚和南非等主要SSA经济体普遍存在。这导致了该区域根深蒂固的社会危机和大流行病引发的经济挑战。因此,建议维持适当的政策措施对于抵消造成该区域失业危机的结构特征至关重要。此外,在国际组织的支持下,应鼓励非洲各国使用具有有效治疗方法的COVID-19疫苗。
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引用次数: 1
Trust Leadership: A Work-from-Home Scenario in IT Sector During the COVID-19 Pandemic 信任领导:2019冠状病毒病大流行期间IT部门在家工作情景
Pub Date : 2021-10-26 DOI: 10.1177/22786821211047613
Rahul. P
The study covers aspects of leadership trust among the information technology (IT) employees in India, with the help of data collected from a cross section of 205 IT employees. The article has assessed leadership trust factor from the employee’s (workforce) perspective with COVID19 pandemic and work-from-home situation. The outcome of data establishes a positive relationship between leadership trust and factors such as communication, decision-making, integrity, and motivation. The study also suggests that the IT sector and its leadership have created a positive trust among the employees during the COVID-19 work-from-home scenario. Findings suggest that in areas like integrity and making decisions quickly, the IT leadership has exhibited high trust levels, while in some other areas like communication and keeping the employees motivated (inspired), there have been few minor gaps that require attention from the leadership, which could preclude the wilting of established trust between the leader and his employees.
该研究涵盖了印度信息技术(IT)员工对领导信任的各个方面,并收集了来自205名IT员工的横截面数据。本文从员工(劳动力)的角度评估了covid - 19大流行和在家工作的情况下的领导信任因素。数据的结果建立了领导信任与沟通、决策、诚信、动机等因素之间的正相关关系。该研究还表明,在COVID-19在家工作的情况下,IT部门及其领导层在员工之间建立了积极的信任。调查结果表明,在诚信和快速决策等领域,IT领导层表现出了很高的信任水平,而在其他一些领域,如沟通和保持员工的积极性(灵感),有一些需要引起领导层注意的小差距,这可能会防止领导者与员工之间建立的信任的萎缩。
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引用次数: 1
Impact of Susceptibility of Interpersonal Influence, and Vanity Aspects on Luxury Brand Consumption 人际影响敏感性与虚荣心因素对奢侈品牌消费的影响
Pub Date : 2021-10-19 DOI: 10.1177/22786821211047614
Aditi Jha
The present study has demonstrated the impact of consumer’s susceptibility of interpersonal influence and vanity aspects on luxury brand consumption. Study was conducted in the northwestern region of India with 650 research participants; quota sampling was used in the process of research. Researchers used SPSS 21.0 to explore reliability, factorability, and correlation among the variables. For analyzing the structural model, AMOS 21.0 was used. Results found that value-expressive influence affects luxury brand consumption more than utilitarian influence, and informational influence is positively related to luxury brand consumption. Results found that luxury brand consumption is associated with achievement aspects of luxury.
本研究证明了消费者人际影响敏感性和虚荣心因素对奢侈品牌消费的影响。这项研究是在印度西北地区进行的,有650名研究参与者;在研究过程中采用了定额抽样。研究人员使用SPSS 21.0来探索变量之间的信度、因子性和相关性。结构模型分析采用AMOS 21.0。结果发现,价值表达影响对奢侈品牌消费的影响大于功利影响,信息影响对奢侈品牌消费的影响正相关。结果发现,奢侈品牌的消费与奢侈的成就方面有关。
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引用次数: 0
Does Financial Inclusion Promote Human Development? Evidence from India 普惠金融促进人类发展吗?来自印度的证据
Pub Date : 2021-10-17 DOI: 10.1177/22786821211045180
N. Arora, Naresh Kumar
The present study investigates the relationship between Financial Inclusion Index (FII) and Human Development Index (HDI) of Indian economy. The study developed FII for the Indian economy from 1991 to 2020 by using the dimensions of banking penetration, banking availability and usage of banking services. The well-known techniques of Analytical Hierarchy Process (AHP) and Technique of Preference by Similarity to Ideal Solution (TOPSIS) is used to develop FII. The ARDL bound test confirms the existence of a long-run relationship between financial inclusion and human development. Granger non-causality confirms the existence of bidirectional causality between financial inclusion and human development. As financial inclusion acts as a key for human development, government should adopt policies to speed up the financial inclusion process in India.
本文研究了印度经济的金融包容性指数(FII)与人类发展指数(HDI)之间的关系。该研究通过使用银行渗透率、银行可用性和银行服务使用的维度,为1991年至2020年的印度经济开发了FII。利用层次分析法(AHP)和理想解相似性偏好法(TOPSIS)这两种著名的方法来开发FII。ARDL约束检验证实,普惠金融与人类发展之间存在长期关系。格兰杰非因果关系证实了普惠金融与人类发展之间存在双向因果关系。由于普惠金融是人类发展的关键,政府应采取政策加快印度的普惠金融进程。
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引用次数: 1
Investigating the Effect of Broad Money Supply on Stock Market Index and Market Capitalization: Evidence from Liberalized India 广义货币供给对股票市场指数和市值的影响研究:来自自由化印度的证据
Pub Date : 2021-10-07 DOI: 10.1177/22786821211047615
Animesh Bhattacharjee, J. Das
The present study investigates the effect of changes in money supply on both Indian stock market sensitive index and stock market overall capitalization by employing unit root test with break point, Johansen’s cointegration test, vector error correction (VEC) model, VEC Granger causality test, variance decomposition, and impulse response function. The result of the unit root test reveals that all the variables are nonstationary in levels but become stationary at the first-order difference. The unit root test further reveals that there are structural breaks in the mid-1990s or 2000s. The Johansen’s cointegration test reveals that the Indian stock market index and stock market capitalization are individually cointegrated with money supply. Further, the long-run co-movement between the Indian stock market and money supply and stock market capitalization and money supply is found to be positive. The results of the VEC model shows that the error correction term in the lnSENSEX–lnMS model is negative and statistically significant, while the error correction term in the lnMARCAP–lnMS model is found to be insignificant. The VEC Granger causality test shows that there is no short-run causal relationship between the variables. The variance decomposition indicates that both Indian stock market index and stock market capitalization are strongly exogenous. The impulse response function suggests that money supply has an immediate positive effect on both Indian stock market index and stock market capitalization. The investors and fund managers should take investment decisions keeping in view the positive co-movement of Indian stock market performance and broad money supply. The study recommends that the government should avoid aggressive tightening of money supply.
本文采用带断点的单位根检验、Johansen协整检验、向量误差修正(VEC)模型、VEC格兰杰因果检验、方差分解和脉冲响应函数,考察货币供应量变化对印度股市敏感指数和股市总市值的影响。单位根检验的结果表明,所有变量在水平上都是非平稳的,但在一阶差分处变得平稳。单位根检验进一步显示,在20世纪90年代中期或21世纪初,存在结构性断裂。Johansen协整检验表明,印度股市指数和股票市值分别与货币供应量协整。进一步,发现印度股市与货币供应量、股票市值与货币供应量之间的长期共同运动是正的。VEC模型的结果表明,lnSENSEX-lnMS模型中的误差校正项为负且具有统计学意义,而lnMARCAP-lnMS模型中的误差校正项不显著。VEC格兰杰因果检验表明,变量之间不存在短期因果关系。方差分解表明,印度股市指数和股票市值都具有很强的外生性。脉冲响应函数表明,货币供应量对印度股市指数和股票市值均有直接的正影响。投资者和基金经理在做出投资决策时,应考虑到印度股市表现和广义货币供应的积极共同走势。该研究建议,政府应避免激进收紧货币供应。
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引用次数: 2
Electricity Consumers’ Satisfaction During COVID-19 Lockdown in Some Selected States in Nigeria 尼日利亚一些选定州在COVID-19封锁期间电力消费者的满意度
Pub Date : 2021-10-04 DOI: 10.1177/22786821211045792
M. Lawal, T. Ajewole, Olalekan Bada
This work studies the satisfaction experienced by electricity customers in Osun, Lagos, and Ogun States during the recent lockdown occasioned by the COVID-19 pandemic. The measures of the satisfaction are based on the hours of electricity supply during the period, easiness experienced for payment of prepaid bill and swiftness in faults correction of the distribution companies involved. A questionnaire was developed using Google Forms. The form was shared through various online platforms. A total of 274 electricity consumers responded to the questionnaire, but after sorting, 259 consumers across the three states were analyzed. From the responses, majority of respondents claim there was increased hours of supply during the period when compared to before the period. For prepaid customers who had reasons to pay electricity bill, majority claim it was easy paying while most of those who claimed it was not easy was because of their payment method choices, which is using designated points. Majority of those who have reasons for faults to be corrected by the distribution companies claim that there was not promptness in fault correction.
这项工作研究了奥孙州、拉各斯州和奥贡州电力客户在最近因COVID-19大流行引起的封锁期间的满意度。满意度的衡量标准是供电公司在供电期间的供电时间、预付电费的支付难易程度和故障纠正的快慢程度。使用谷歌Forms编写了一份调查问卷。该表格通过各种在线平台共享。共有274名电力消费者回答了问卷,但经过整理,分析了三个州的259名消费者。从回应来看,大多数受访者声称与此期间之前相比,在此期间供应的时间增加了。在有理由支付电费的预付费用户中,大多数人认为容易支付电费,而大多数人认为不容易支付电费是因为他们选择了使用指定点的支付方式。要求流通公司改正错误的理由中,大部分是“没有及时改正”。
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引用次数: 0
Measuring Entrepreneurial Orientation in Developing Economies: Scale Development and Validation 衡量发展中经济体的创业取向:规模发展与验证
Pub Date : 2021-09-27 DOI: 10.1177/22786821211045178
Asif Ali, Ashok Aima, Jaya Bhasin, R. Hisrich
Entrepreneurial orientation (EO) refers to entrepreneurial activities of established and existing firms. It is different from individual entrepreneurial orientation (Popov et al., 2019, Education + Training, vol. 61, pp. 65–78). EO refers to the processes, practices, and decision-making activities that lead to new venture creation (Walter et al., 2006, Journal of Business Venturing, vol. 21, pp. 541–567). The EO scale by Lumpkin and Dess (1996, Academy of Management Review, vol. 21, pp. 135–172) consists of innovativeness, proactiveness, risk-taking, competitive aggressiveness, and autonomy. This scale is widely used in literature with major drawback of it being developed and evaluated in a developed economy (the USA) on large corporations. Very little literature is available with reference to validation of EO scales in developing economies, particularly India where firms are generally small. New Comprehensive Entrepreneurial Orientation Scale (CENTORES) has been developed and validated by adding additional dimension of strategic flexibility, which is the novelty of the present study. Data were collected using a survey instrument comprising of 19 items. The scientific scale development procedure as suggested by Schwab, (1980) was followed, first an exploratory factor analysis (EFA) was done to explore factors and later confirmatory factor analysis (CFA) was done to confirm factors (using SPSS and Amos). Six stable factors emerged from EFA which were subsequently confirmed through CFA. The measurement model confirmed the factors with good model fit indices as suggested by Hair et al. (2014). The model has CMIN/df = 2.237, CFI = 0.917, GFI = 0.928, NFI = 0.882, and RMSEA = 0.052.
创业导向(EO)是指既有企业和现有企业的创业活动。它不同于个人创业导向(Popov et al., 2019, Education + Training, vol. 61, pp. 65-78)。EO指的是导致创业的过程、实践和决策活动(Walter et al., 2006, Journal of Business ventures,第21卷,第541-567页)。Lumpkin和Dess (1996, Academy of Management Review,第21卷,第135-172页)的绩效量表包括创新、主动性、冒险、竞争侵略性和自主性。这种量表在文献中被广泛使用,主要缺点是它是在发达经济体(美国)对大公司进行开发和评估的。关于在发展中经济体,特别是公司一般规模较小的印度验证EO规模的文献很少。本文开发了新的综合创业取向量表(CENTORES),并通过增加战略灵活性维度进行了验证,这是本研究的新颖之处。数据收集使用的调查工具包括19个项目。遵循Schwab(1980)提出的科学量表开发程序,首先进行探索性因子分析(EFA)来探索因素,然后进行验证性因子分析(CFA)来确认因素(使用SPSS和Amos)。EFA出现了六个稳定因素,随后通过CFA证实。测量模型确认了Hair et al.(2014)提出的模型拟合指标好的因素。模型的CMIN/df = 2.237, CFI = 0.917, GFI = 0.928, NFI = 0.882, RMSEA = 0.052。
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引用次数: 1
An Examination of Innovation Capabilities and Corporate Reputation in Banking Sector 银行业创新能力与企业声誉研究
Pub Date : 2021-09-22 DOI: 10.1177/22786821211045197
J. Hanaysha
The aim of this study was to investigate the effect of innovation capabilities on corporate reputation in banking sector. A quantitative method was used for collecting the data and fulfilling the stated objective. Specifically, the data were collected from 188 employees in banking sector in the United Arab Emirates. The analysis for the collected data was conducted using the partial least square-structural equation modelling (PLS-SEM) approach. The findings indicated that product innovation as well as service innovation have significant positive impacts on corporate reputation. The results also confirmed that process innovation has a positive effect on corporate reputation. Finally, the outcomes verified that marketing innovation has a significant impact on corporate reputation. The results confirm the significance of innovation capabilities in enabling business practitioners in the banking sector to improve their businesses reputations and thrive in today’s dynamic market environment.
摘要本研究旨在探讨银行业创新能力对企业声誉的影响。定量方法用于收集数据和实现既定目标。具体而言,数据收集自阿拉伯联合酋长国银行业的188名员工。采用偏最小二乘结构方程建模(PLS-SEM)方法对收集到的数据进行分析。研究发现,产品创新和服务创新对企业声誉有显著的正向影响。研究结果也证实了流程创新对企业声誉的正向影响。最后,研究结果验证了营销创新对企业声誉的显著影响。研究结果证实了创新能力对银行业从业人员提高商业声誉和在当今充满活力的市场环境中茁壮成长的重要性。
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引用次数: 1
期刊
Jindal Journal of Business Research
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