Agnes Naa Dedei Okine, Yao Li, Isaac Edem Djimesah, Hongjiang Zhao, Elijah Duah, Kingsford Kissi Mireku, Kenneth Wilson Adjei Budu, Daniel Baani Adjei
With little to no study on the effect of social networking theory on the success of a crowdfunding campaign in Africa, this study investigated some of the factors that influence the success of a crowdfunding campaign using Ghana as a case for a broader justification and generalization of findings that has been obtained in previous studies. This study identified four factors through an extensive literature review of the social networking theory. These are the number of social network handless of an entrepreneur, activeness of an entrepreneur on a social network, number of social network friends of an entrepreneur and the availability of project videos on an entrepreneur's social network. Data were then collected empirically from 462 respondents using a questionnaire. The data obtained were analyzed using the partial least square structural equation modeling. The results revealed that all the identified factors positively influence the success of a crowdfunding campaign. The study further proposes that fund seekers on the crowdfunding platform post their project information on weekends and evenings on weekdays since people pay special attention to information posted at these times. Also, the outcome of the importance performance map analysis disclosed that the number of social network handles of an entrepreneur is the most essential in terms of importance when seeking funds on the crowdfunding platform. This study provides valuable insight into how small and medium-sized enterprises in Ghana and other stakeholders of crowdfunding platforms can use the concept of social networking theory to achieve funding success on crowdfunding platforms.
{"title":"Measuring crowdfunding success for small and medium-sized enterprises sustainable development: Insight from the social networking theory","authors":"Agnes Naa Dedei Okine, Yao Li, Isaac Edem Djimesah, Hongjiang Zhao, Elijah Duah, Kingsford Kissi Mireku, Kenneth Wilson Adjei Budu, Daniel Baani Adjei","doi":"10.1002/bsd2.387","DOIUrl":"https://doi.org/10.1002/bsd2.387","url":null,"abstract":"<p>With little to no study on the effect of social networking theory on the success of a crowdfunding campaign in Africa, this study investigated some of the factors that influence the success of a crowdfunding campaign using Ghana as a case for a broader justification and generalization of findings that has been obtained in previous studies. This study identified four factors through an extensive literature review of the social networking theory. These are the number of social network handless of an entrepreneur, activeness of an entrepreneur on a social network, number of social network friends of an entrepreneur and the availability of project videos on an entrepreneur's social network. Data were then collected empirically from 462 respondents using a questionnaire. The data obtained were analyzed using the partial least square structural equation modeling. The results revealed that all the identified factors positively influence the success of a crowdfunding campaign. The study further proposes that fund seekers on the crowdfunding platform post their project information on weekends and evenings on weekdays since people pay special attention to information posted at these times. Also, the outcome of the importance performance map analysis disclosed that the number of social network handles of an entrepreneur is the most essential in terms of importance when seeking funds on the crowdfunding platform. This study provides valuable insight into how small and medium-sized enterprises in Ghana and other stakeholders of crowdfunding platforms can use the concept of social networking theory to achieve funding success on crowdfunding platforms.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 2","pages":""},"PeriodicalIF":3.0,"publicationDate":"2024-05-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141156497","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 paper intends to evaluate the relationship between corporate social responsibility (CSR), ethical leadership (EL), job satisfaction (JS), and affective commitment (AC). Filtered and entered Statistical Package for the Social Sciences and Amos is a powerful structural equation modeling software helping support research and theories, the data were gathered from 432 participants in Vietnam's hospitality sector. According to study findings, CSR and EL positively impact AC and JS among employees. Moreover, JS is also a vital component that has influenced employees' AC. The study results have managerial implications for improving JS and strengthening the correlation of employees' AC.
本文旨在评估企业社会责任(CSR)、道德领导力(EL)、工作满意度(JS)和情感承诺(AC)之间的关系。本文从越南酒店业的 432 名参与者中收集了数据,这些数据经过过滤并输入了社会科学统计软件包,Amos 是一款功能强大的结构方程建模软件,有助于支持研究和理论。研究结果表明,企业社会责任和 EL 对员工的 AC 和 JS 有积极影响。此外,JS 也是影响员工 AC 的重要因素。研究结果对改进联合材料和加强员工交流的相关性具有管理意义。
{"title":"Influence of corporate social responsibility and ethical leadership on employees' affective commitment: Evidence from the hospitality industry in Vietnam","authors":"Nguyen Khanh Hai Tran","doi":"10.1002/bsd2.389","DOIUrl":"https://doi.org/10.1002/bsd2.389","url":null,"abstract":"<p>This paper intends to evaluate the relationship between corporate social responsibility (CSR), ethical leadership (EL), job satisfaction (JS), and affective commitment (AC). Filtered and entered Statistical Package for the Social Sciences and Amos is a powerful structural equation modeling software helping support research and theories, the data were gathered from 432 participants in Vietnam's hospitality sector. According to study findings, CSR and EL positively impact AC and JS among employees. Moreover, JS is also a vital component that has influenced employees' AC. The study results have managerial implications for improving JS and strengthening the correlation of employees' AC.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 2","pages":""},"PeriodicalIF":3.0,"publicationDate":"2024-05-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141091469","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}
Francisco Javier Paredes Nachón, Cristina López-Duarte, Marta M. Vidal-Suárez
This article analysis how official development aid (ODA) flows impact the international growth opportunities and processes of private firms in donor and recipient countries. It explores the differentiated impact of bilateral and multilateral aid flows, as well as flows coming from the Development Assistance Committee (DAC) and non-DAC donors. The study relies on a systematic literature review of the empirical articles published between 2005 and 2021 in internationally recognised academic journals. The review provides a comprehensive overview of the topic and identifies conclusive findings, existing gaps, avenues for future research and policy implications. Overall, the literature shows a positive impact of ODA flows on the international growth opportunities for firms in donor countries, whether derived from their direct engagement in aid-financed projects or from non-direct effects like the reputational capital and positive image accrued by donor countries in recipient ones. Conversely, empirical evidence relative to the impact on firms in recipient nations is mixed and points to the existence of factors that condition the impact of ODA flows, among them, the institutional strength in recipient countries and the formulas through which ODA flows are channelled.
{"title":"The impact of official development aid flows on business internationalisation","authors":"Francisco Javier Paredes Nachón, Cristina López-Duarte, Marta M. Vidal-Suárez","doi":"10.1002/bsd2.388","DOIUrl":"https://doi.org/10.1002/bsd2.388","url":null,"abstract":"<p>This article analysis how official development aid (ODA) flows impact the international growth opportunities and processes of private firms in donor and recipient countries. It explores the differentiated impact of bilateral and multilateral aid flows, as well as flows coming from the Development Assistance Committee (DAC) and non-DAC donors. The study relies on a systematic literature review of the empirical articles published between 2005 and 2021 in internationally recognised academic journals. The review provides a comprehensive overview of the topic and identifies conclusive findings, existing gaps, avenues for future research and policy implications. Overall, the literature shows a positive impact of ODA flows on the international growth opportunities for firms in donor countries, whether derived from their direct engagement in aid-financed projects or from non-direct effects like the reputational capital and positive image accrued by donor countries in recipient ones. Conversely, empirical evidence relative to the impact on firms in recipient nations is mixed and points to the existence of factors that condition the impact of ODA flows, among them, the institutional strength in recipient countries and the formulas through which ODA flows are channelled.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 2","pages":""},"PeriodicalIF":3.0,"publicationDate":"2024-05-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/bsd2.388","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141078968","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Li Li, Maisarah Mohamed Saat, Saleh F. A. Khatib, Ping Chu, Hamid Ghazi H Sulimany
The purpose of this article is to provide a comprehensive and systematic assessment of the literature on the consequences of environmental, social, and governance (ESG) disclosure by means of content analyses. Using a systematic approach, a sample of 165 studies was collected from the Web of Science database and evaluated on the basis of econometric and content analyses, including publication trends, geographical distribution, theories and consequence associated with ESG disclosure (investment and innovation of firms, financing cost and method, operations and financial risk of firms, firm performance and value and others), provides some direction for future investigation. According to the analysis, the literature was more interested in the stakeholder theory when examining the effects of ESG disclosure on areas including company innovation and investment, financing costs and methods, financial risk and operations, business performance, and others. Even though most of the literature has focused on firm performance and value, there is still no clear understanding of the relationship. Also, limited work was found on the investment and innovation of firms, and financing cost and method, while the impact of operations and financial risk of firms has yet to be explored. Meanwhile, this study also identified the impact of ESG disclosure on analysts, audit fees, and earnings management as a new research direction. Finally, this study innovates new findings that institutional pressures may have an impact on the consequences of ESG disclosure, a topic not found in previous studies.
本文旨在通过内容分析,对有关环境、社会和治理(ESG)披露后果的文献进行全面系统的评估。本文采用系统化的方法,从 Web of Science 数据库中收集了 165 篇研究样本,并在计量经济学和内容分析的基础上对其进行了评估,包括发表趋势、地域分布、与环境、社会和治理信息披露相关的理论和后果(企业的投资和创新、融资成本和方法、企业的运营和财务风险、企业绩效和价值等),为今后的研究提供了一些方向。根据分析,文献在研究环境、社会和公司治理信息披露对公司创新和投资、融资成本和方法、财务风险和运营、企业绩效等领域的影响时,更关注利益相关者理论。尽管大多数文献都关注公司业绩和价值,但对两者之间的关系仍没有清晰的认识。此外,关于企业投资和创新、融资成本和方法的研究也很有限,而企业运营和财务风险的影响还有待探讨。同时,本研究还将环境、社会和公司治理信息披露对分析师、审计费用和收益管理的影响作为一个新的研究方向。最后,本研究创新性地发现,制度压力可能会对环境、社会和治理信息披露的后果产生影响,这在以往的研究中是没有发现的。
{"title":"Navigating the impact: A comprehensive analysis of ESG disclosure consequences through systematic review","authors":"Li Li, Maisarah Mohamed Saat, Saleh F. A. Khatib, Ping Chu, Hamid Ghazi H Sulimany","doi":"10.1002/bsd2.382","DOIUrl":"https://doi.org/10.1002/bsd2.382","url":null,"abstract":"<p>The purpose of this article is to provide a comprehensive and systematic assessment of the literature on the consequences of environmental, social, and governance (ESG) disclosure by means of content analyses. Using a systematic approach, a sample of 165 studies was collected from the Web of Science database and evaluated on the basis of econometric and content analyses, including publication trends, geographical distribution, theories and consequence associated with ESG disclosure (investment and innovation of firms, financing cost and method, operations and financial risk of firms, firm performance and value and others), provides some direction for future investigation. According to the analysis, the literature was more interested in the stakeholder theory when examining the effects of ESG disclosure on areas including company innovation and investment, financing costs and methods, financial risk and operations, business performance, and others. Even though most of the literature has focused on firm performance and value, there is still no clear understanding of the relationship. Also, limited work was found on the investment and innovation of firms, and financing cost and method, while the impact of operations and financial risk of firms has yet to be explored. Meanwhile, this study also identified the impact of ESG disclosure on analysts, audit fees, and earnings management as a new research direction. Finally, this study innovates new findings that institutional pressures may have an impact on the consequences of ESG disclosure, a topic not found in previous studies.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 2","pages":""},"PeriodicalIF":3.0,"publicationDate":"2024-05-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140952695","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 significance of employee well-being within corporate social responsibility (CSR) is widely acknowledged. However, while CSR often emphasizes its societal dimension, its humanistic aspect frequently remains in the background, with limited exploration of its connection to employee well-being from this perspective. This study seeks to fill this gap by examining the role of corporate humanistic responsibility (CHR) in enhancing employee well-being, focusing on its influence through perceived organizational support (POS) and homogeneous experiences (HEs), employing an emerging-enabling process approach. Data were gathered from 236 employees across 70 multinational corporations through a two-time point survey. The findings indicate that both POS and HE positively mediate the relationship between CHR, life well-being, and psychological well-being. However, the sequential mediation did not yield significant impacts on workplace well-being. The study concludes by discussing the findings, theoretical and practical implications, limitations, and future studies. Through this exploration, a deeper understanding of how CHR can enhance employee well-being from a humanistic perspective is attained, offering valuable insights for academia and corporate sustainability endeavors.
员工福利在企业社会责任(CSR)中的重要性已得到广泛认可。然而,尽管企业社会责任通常强调其社会维度,但其人文方面却经常处于次要地位,从这一角度探讨企业社会责任与员工福祉之间联系的研究十分有限。本研究采用新兴赋能过程方法,通过感知组织支持(POS)和同质体验(HEs)对企业人文责任(CHR)的影响,探讨企业人文责任(CHR)在提高员工幸福感方面的作用,从而填补这一空白。通过两次点调查,从 70 家跨国公司的 236 名员工中收集了数据。研究结果表明,POS 和 HE 对 CHR、生活幸福感和心理幸福感之间的关系起着积极的中介作用。然而,顺序中介对工作场所幸福感没有产生显著影响。研究最后讨论了研究结果、理论和实践意义、局限性以及未来研究。通过这一探索,我们更深入地了解了如何从人本主义的视角出发,用人的幸福感来提升员工的幸福感,为学术界和企业的可持续发展努力提供了宝贵的见解。
{"title":"Unveiling the impact of corporate humanistic responsibility on sustainable employee well-being: Exploring perceived support and shared experiences","authors":"Vui-Yee Koon","doi":"10.1002/bsd2.381","DOIUrl":"https://doi.org/10.1002/bsd2.381","url":null,"abstract":"<p>The significance of employee well-being within corporate social responsibility (CSR) is widely acknowledged. However, while CSR often emphasizes its societal dimension, its humanistic aspect frequently remains in the background, with limited exploration of its connection to employee well-being from this perspective. This study seeks to fill this gap by examining the role of corporate humanistic responsibility (CHR) in enhancing employee well-being, focusing on its influence through perceived organizational support (POS) and homogeneous experiences (HEs), employing an emerging-enabling process approach. Data were gathered from 236 employees across 70 multinational corporations through a two-time point survey. The findings indicate that both POS and HE positively mediate the relationship between CHR, life well-being, and psychological well-being. However, the sequential mediation did not yield significant impacts on workplace well-being. The study concludes by discussing the findings, theoretical and practical implications, limitations, and future studies. Through this exploration, a deeper understanding of how CHR can enhance employee well-being from a humanistic perspective is attained, offering valuable insights for academia and corporate sustainability endeavors.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 2","pages":""},"PeriodicalIF":3.0,"publicationDate":"2024-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140924828","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}
Md Aslam Mia, Intan Inayatun Soeparna, Lucia Dalla Pellegrina
Considering the importance of promoting gender equality, Microfinance Institutions (MFIs) have emerged to reduce the gender gap by supplying credit opportunities to women. However, the microfinance literature has largely focused on the role of women in the client base while devoting less attention to their representation in the organizational structure of MFIs. This study aims to fill this gap. Using ANOVA and random effects models, our purpose is to investigate which types of MFIs more intensively promote gender equality within their workforce, at any of the organizational ladders. We analyze data from 1222 MFIs across 102 developing countries from 2010 to 2018. Empirical evidence reveals that the presence of females in both the workforce and the client base is significantly lower in commercially motivated MFIs (e.g., banks and other for-profit institutions) compared to non-government organizations (NGOs), and —to a lesser extent— credit unions, cooperatives and rural banks. Our results suggest that the microfinance sector would benefit from a stronger emphasis on NGO-driven initiatives to promote female representation in terms of both employment opportunities and access to credit.
{"title":"Practice what you preach: Does the legal status of microfinance institutions matter in gender equality?","authors":"Md Aslam Mia, Intan Inayatun Soeparna, Lucia Dalla Pellegrina","doi":"10.1002/bsd2.379","DOIUrl":"https://doi.org/10.1002/bsd2.379","url":null,"abstract":"<p>Considering the importance of promoting gender equality, Microfinance Institutions (MFIs) have emerged to reduce the gender gap by supplying credit opportunities to women. However, the microfinance literature has largely focused on the role of women in the client base while devoting less attention to their representation in the organizational structure of MFIs. This study aims to fill this gap. Using ANOVA and random effects models, our purpose is to investigate which types of MFIs more intensively promote gender equality within their workforce, at any of the organizational ladders. We analyze data from 1222 MFIs across 102 developing countries from 2010 to 2018. Empirical evidence reveals that the presence of females in both the workforce and the client base is significantly lower in commercially motivated MFIs (e.g., banks and other for-profit institutions) compared to non-government organizations (NGOs), and —to a lesser extent— credit unions, cooperatives and rural banks. Our results suggest that the microfinance sector would benefit from a stronger emphasis on NGO-driven initiatives to promote female representation in terms of both employment opportunities and access to credit.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 2","pages":""},"PeriodicalIF":3.0,"publicationDate":"2024-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140914818","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}
Determining the motivations behind adopting a circular economy (CE) and its effect on firm performance (FP) from the perspective of manufacturing firms has become essential for practitioners and scholars. Nonetheless, there exists a substantial unexplored gap regarding how customer citizenship behaviour (CCB) motivates and influences the adoption of CE practices and FP of manufacturing firms in the context of developing countries. Therefore, using insights from the social exchange theory, this study explores the framework through which CCB influences the relationship between CE practices and FP. The study employed a quantitative approach and partial least square structural equation modelling technique to analyse data and interpretations due to its appropriateness for predictive research models. Data was collected using a survey research strategy. The findings revealed that CCB mediates and moderates the relationship between CE practices and FP. The study highlights the significance of CCB in making CE initiatives mandatory for organisational growth while guiding managers, policymakers and scholars.
{"title":"Circular economy, customer citizenship behaviour and firm performance: Some empirical evidence","authors":"Raphael Aryee, Atia Alpha Alfa, Hannah Acquah, Grace Beauty Addey, Eleanor Joyce Korngo Akoto","doi":"10.1002/bsd2.377","DOIUrl":"https://doi.org/10.1002/bsd2.377","url":null,"abstract":"<p>Determining the motivations behind adopting a circular economy (CE) and its effect on firm performance (FP) from the perspective of manufacturing firms has become essential for practitioners and scholars. Nonetheless, there exists a substantial unexplored gap regarding how customer citizenship behaviour (CCB) motivates and influences the adoption of CE practices and FP of manufacturing firms in the context of developing countries. Therefore, using insights from the social exchange theory, this study explores the framework through which CCB influences the relationship between CE practices and FP. The study employed a quantitative approach and partial least square structural equation modelling technique to analyse data and interpretations due to its appropriateness for predictive research models. Data was collected using a survey research strategy. The findings revealed that CCB mediates and moderates the relationship between CE practices and FP. The study highlights the significance of CCB in making CE initiatives mandatory for organisational growth while guiding managers, policymakers and scholars.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 2","pages":""},"PeriodicalIF":3.0,"publicationDate":"2024-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140895162","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}
Sustainable Development Goal 12 (SDG-12), that is the responsible consumption and production, is aimed to encourage producers and consumers to consider sustainable development while producing and consuming products. However, it is imperative to estimate the social achievement of SDG-12 objective at the consumption end. Eco-labeling and green advertising are the common business marketing strategies employed to inform and influence consumers to make environmentally conscious choices. This study explores the integrated factors of these strategies to influence consumer perceptions, attitudes, and purchase intentions toward environmentally friendly products in a developing country. The data from 327 respondents using a survey questionnaire are analyzed using structural model equation to measure the hypothetical relationship of eco-labeling and green advertising in achieving SDG-12. The results indicate that perceived effectiveness, environmental awareness, green trust, and perceived information quality as instrumental factors directly contributing to consumers' intentions to engage in green purchases eventually ensuring SDG-12 targets, while price sensitivity is the major challenge that is required to be addressed.
{"title":"Integrating eco-labeling and green advertising in achieving Sustainable Development Goal 12","authors":"Shahbaz Abbas, Hania Munir, Yasir Ahmad","doi":"10.1002/bsd2.378","DOIUrl":"https://doi.org/10.1002/bsd2.378","url":null,"abstract":"<p>Sustainable Development Goal 12 (SDG-12), that is the responsible consumption and production, is aimed to encourage producers and consumers to consider sustainable development while producing and consuming products. However, it is imperative to estimate the social achievement of SDG-12 objective at the consumption end. Eco-labeling and green advertising are the common business marketing strategies employed to inform and influence consumers to make environmentally conscious choices. This study explores the integrated factors of these strategies to influence consumer perceptions, attitudes, and purchase intentions toward environmentally friendly products in a developing country. The data from 327 respondents using a survey questionnaire are analyzed using structural model equation to measure the hypothetical relationship of eco-labeling and green advertising in achieving SDG-12. The results indicate that perceived effectiveness, environmental awareness, green trust, and perceived information quality as instrumental factors directly contributing to consumers' intentions to engage in green purchases eventually ensuring SDG-12 targets, while price sensitivity is the major challenge that is required to be addressed.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 2","pages":""},"PeriodicalIF":3.0,"publicationDate":"2024-05-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140881005","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}
In an increasingly digital and interconnected world, the integration of advanced technologies such as robotics, artificial intelligence (AI), and service automation has become pivotal for shaping the future of various industries, including tourism. The paper investigates complex relationship between three independent variables: (robotic adoption, AI adoption, and service automation adoption) and three dependent variables: (social sustainability, economic sustainability, and environmental sustainability). Employing a quantitative research approach, the study gathered data from 608 randomly selected tourism supply chain stakeholders using the Krejcie and Morgan table to determine the sample size. Data collection was facilitated through Google Forms questionnaires, and the analysis relied on structural equation modeling. The statistical findings highlight positive direct significant relationships among these variables, as evidenced by t-statistic values surpassing the threshold of 1.96. These values ranged from a minimum of 2.156 to a maximum of 10.083. These results suggest that by strategically integrating these technologies, tourism businesses and policymakers in Zimbabwe can enhance tourist experience, the industry's long-term viability and its positive impact on society, the economy, and the environment. This study's outcomes provide a compelling foundation for informed decision-making and the development of targeted strategies aimed at advancing sustainability objectives within the Zimbabwean tourism landscape.
{"title":"From crisis to prosperity: Leveraging robots, artificial intelligence, and service automation for sustainable tourism in Zimbabwe","authors":"Option Takunda Chiwaridzo, Shingirirai Chiwaridzo","doi":"10.1002/bsd2.380","DOIUrl":"https://doi.org/10.1002/bsd2.380","url":null,"abstract":"<p>In an increasingly digital and interconnected world, the integration of advanced technologies such as robotics, artificial intelligence (AI), and service automation has become pivotal for shaping the future of various industries, including tourism. The paper investigates complex relationship between three independent variables: (robotic adoption, AI adoption, and service automation adoption) and three dependent variables: (social sustainability, economic sustainability, and environmental sustainability). Employing a quantitative research approach, the study gathered data from 608 randomly selected tourism supply chain stakeholders using the Krejcie and Morgan table to determine the sample size. Data collection was facilitated through Google Forms questionnaires, and the analysis relied on structural equation modeling. The statistical findings highlight positive direct significant relationships among these variables, as evidenced by <i>t</i>-statistic values surpassing the threshold of 1.96. These values ranged from a minimum of 2.156 to a maximum of 10.083. These results suggest that by strategically integrating these technologies, tourism businesses and policymakers in Zimbabwe can enhance tourist experience, the industry's long-term viability and its positive impact on society, the economy, and the environment. This study's outcomes provide a compelling foundation for informed decision-making and the development of targeted strategies aimed at advancing sustainability objectives within the Zimbabwean tourism landscape.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 2","pages":""},"PeriodicalIF":3.0,"publicationDate":"2024-05-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140881006","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}
Integrating social and environmental considerations into business strategies has become imperative for companies seeking competitive advantage in today's dynamic and complex business environment. This study explored the effect of Shared Value Creation Practices on Competitive Advantage within banks. The study focused on how banks can achieve competitive advantage by creating shared value that addresses business goals and social needs. Data were collected from 463 customers of selected commercial banks in Ethiopia. The self-administrative questionnaire was given to the customers selected by convenience sampling method. The study used the Structural Equation Model to test relationship between variables. The Study findings reveal that Shared Value Creation Practices significantly enhance banks' competitive advantage. The study suggests that banks can strategically leverage Shared Value Creation practices to gain a sustained advantage in a competitive market. Banks should continuously innovate and adapt strategies to address evolving stakeholders' needs. The banks should consider shared value creation integral to their strategic planning.
{"title":"Linking stakeholders need and sustainable business performance: Unleashing the power of shared value creation for competitive advantage—Study on selected banks in Ethiopia","authors":"Bekan Serbessa Waktola, Manjit Singh, Sandeep Singh","doi":"10.1002/bsd2.375","DOIUrl":"https://doi.org/10.1002/bsd2.375","url":null,"abstract":"<p>Integrating social and environmental considerations into business strategies has become imperative for companies seeking competitive advantage in today's dynamic and complex business environment. This study explored the effect of Shared Value Creation Practices on Competitive Advantage within banks. The study focused on how banks can achieve competitive advantage by creating shared value that addresses business goals and social needs. Data were collected from 463 customers of selected commercial banks in Ethiopia. The self-administrative questionnaire was given to the customers selected by convenience sampling method. The study used the Structural Equation Model to test relationship between variables. The Study findings reveal that Shared Value Creation Practices significantly enhance banks' competitive advantage. The study suggests that banks can strategically leverage Shared Value Creation practices to gain a sustained advantage in a competitive market. Banks should continuously innovate and adapt strategies to address evolving stakeholders' needs. The banks should consider shared value creation integral to their strategic planning.</p>","PeriodicalId":36531,"journal":{"name":"Business Strategy and Development","volume":"7 2","pages":""},"PeriodicalIF":3.0,"publicationDate":"2024-05-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140826162","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}