Pub Date : 2023-04-29DOI: 10.1177/22785337221148872
Karim Belcaid, Mamdouh Abdulaziz Saleh Al-Faryan
This article aims, in the context of financial liberalization, to examine the impact of several internal and external factors in relation to the profitability of banks listed on the Moroccan stock exchange. The study uses the panel data method on a sample of the six banks with the largest market shares over the 2010–2019 period to investigate the influence of ownership structure, bank governance, capital structure, prudential regulation, and also a macroeconomic variation on bank profitability. Accordingly, the empirical results indicate a negative relationship between concentration, foreign ownership, and bank profitability. Further, high capital structure ratios, especially solvency, liquidity, and capitalization ratios appear to have an undesirable effect on the performance of Moroccan banks. In contrast, the impact of domestic institutional ownership is positive, implying that profitability is more favored by domestic ownership than by foreign ownership. Our findings also highlight the importance of independent directors and board size. Therefore, liberalizing ownership and opening up the board to the expertise of outside directors is essential for the banking sector’s development. In terms of policy implications, central banks and regulators need to ensure that banks rigorously adhere to specified leverage and fixed capital adequacy ratios while ensuring optimal liberalization for bank performance.
{"title":"Determinants of Bank Profitability in the Context of Financial Liberalization: Evidence from Morocco","authors":"Karim Belcaid, Mamdouh Abdulaziz Saleh Al-Faryan","doi":"10.1177/22785337221148872","DOIUrl":"https://doi.org/10.1177/22785337221148872","url":null,"abstract":"This article aims, in the context of financial liberalization, to examine the impact of several internal and external factors in relation to the profitability of banks listed on the Moroccan stock exchange. The study uses the panel data method on a sample of the six banks with the largest market shares over the 2010–2019 period to investigate the influence of ownership structure, bank governance, capital structure, prudential regulation, and also a macroeconomic variation on bank profitability. Accordingly, the empirical results indicate a negative relationship between concentration, foreign ownership, and bank profitability. Further, high capital structure ratios, especially solvency, liquidity, and capitalization ratios appear to have an undesirable effect on the performance of Moroccan banks. In contrast, the impact of domestic institutional ownership is positive, implying that profitability is more favored by domestic ownership than by foreign ownership. Our findings also highlight the importance of independent directors and board size. Therefore, liberalizing ownership and opening up the board to the expertise of outside directors is essential for the banking sector’s development. In terms of policy implications, central banks and regulators need to ensure that banks rigorously adhere to specified leverage and fixed capital adequacy ratios while ensuring optimal liberalization for bank performance.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42648298","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 : 2023-04-29DOI: 10.1177/22785337231165843
Pali Gaur, Anurag Bhadur Singh
This paper aims to analyze the investor’s perspective toward municipal bonds and to inspect the success potential of municipal bonds in India from 2010 to 2020. The research’s conceptual model is drawn using PLS-SEM for the factors impacting investor decisions toward investment in bonds issued by urban local bodies in India. Results show that “credit rating,” “yields,” “tax benefit,” and “financial soundness” significantly affect the choice of investment in municipal bonds by retail investors. However, “transparency,” “liquidity,” and “investor awareness” are not found to be significant. Bond issuers can use the model to recognize the factors impacting investors’ prioritization for investments in municipal bonds, which can also help them target a bigger investor base. The study relies on subjective data provided by retail investors and may not be the clear-cut performance indicators. The limitation of the time frame for the study over 10 years will restrict the results specifically for that period. The importance of retail investors in developing countries’ municipal bond markets has been overlooked. The study’s key contribution will be to assist and empower new retail investors to have confidence in participating in this fixed-income financial instrument.
{"title":"Market-based Financing Through Municipal Bond in India: Investor’s Checklist Using Structural Equation Modeling (SEM)","authors":"Pali Gaur, Anurag Bhadur Singh","doi":"10.1177/22785337231165843","DOIUrl":"https://doi.org/10.1177/22785337231165843","url":null,"abstract":"This paper aims to analyze the investor’s perspective toward municipal bonds and to inspect the success potential of municipal bonds in India from 2010 to 2020. The research’s conceptual model is drawn using PLS-SEM for the factors impacting investor decisions toward investment in bonds issued by urban local bodies in India. Results show that “credit rating,” “yields,” “tax benefit,” and “financial soundness” significantly affect the choice of investment in municipal bonds by retail investors. However, “transparency,” “liquidity,” and “investor awareness” are not found to be significant. Bond issuers can use the model to recognize the factors impacting investors’ prioritization for investments in municipal bonds, which can also help them target a bigger investor base. The study relies on subjective data provided by retail investors and may not be the clear-cut performance indicators. The limitation of the time frame for the study over 10 years will restrict the results specifically for that period. The importance of retail investors in developing countries’ municipal bond markets has been overlooked. The study’s key contribution will be to assist and empower new retail investors to have confidence in participating in this fixed-income financial instrument.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47882756","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 : 2023-04-29DOI: 10.1177/22785337221148595
Giridhari Mohanta
The small savings scheme plays a vital role in mobilizing savings for the economy, and the post office provides a variety of products to people to promote a savings habit. The current research attempts to analyze the moderation effect of financial consultants in relationship between the small savings scheme of the post office, financial literacy and behavior, and the savings habit of people. The study exhibits a significant positive impact of predictors and moderation variables on savings habits. In this regard, a two-phase structural equation modeling (SEM) has been employed to validate the hypothesized measurement model using confirmatory factor analysis (CFA), and in the next phase, the structural model verifies the hypothesized association between exogenous and endogenous variables to draw rational inferences. And a positive effect of predictors and interaction variables is observed. Finally, the study concluded with an important suggestion for the investment manager and other intermediaries: integrate the financial engineering process by giving due importance to investor needs.
{"title":"Small Savings Scheme of the Post Office and Savings Habit of People: The Role of Financial Consultant","authors":"Giridhari Mohanta","doi":"10.1177/22785337221148595","DOIUrl":"https://doi.org/10.1177/22785337221148595","url":null,"abstract":"The small savings scheme plays a vital role in mobilizing savings for the economy, and the post office provides a variety of products to people to promote a savings habit. The current research attempts to analyze the moderation effect of financial consultants in relationship between the small savings scheme of the post office, financial literacy and behavior, and the savings habit of people. The study exhibits a significant positive impact of predictors and moderation variables on savings habits. In this regard, a two-phase structural equation modeling (SEM) has been employed to validate the hypothesized measurement model using confirmatory factor analysis (CFA), and in the next phase, the structural model verifies the hypothesized association between exogenous and endogenous variables to draw rational inferences. And a positive effect of predictors and interaction variables is observed. Finally, the study concluded with an important suggestion for the investment manager and other intermediaries: integrate the financial engineering process by giving due importance to investor needs.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45855723","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 : 2023-04-28DOI: 10.1177/22785337221148256
Md. Kafil Uddin, M. T. Azim, Md. Aftab Uddin, S. Akther
This article aims to unearth the association between family social support (FSS) and employee engagement (EE) with the moderating effect of work social support (WSS) and the mediating effect of family interfering work (FIW). This study used a quantitative approach to perform the research and collected 277 replies from a variety of organizations in Saudi Arabia’s Western region using a multi-item questionnaire and analyzed data using IBM SPSS 25 and IBM AMOS 24. The findings show that FIW plays a partial mediating role in the relationship between FSS and EE. However, WSS is found to have no significant moderating effect. The study provides important learning for practicing professionals and policymakers to adopt family-friendly policies and facilities for enhancing the work–life balance of the employees so as to strengthen the engagement of the employees in the organization. Former studies have emphasized the role of social support in buffering work–family conflict, but there is a dearth of studies linking FSS and EE in a moderated mediation. Thus, the present study endeavors to address the above-mentioned gap. Moreover, the notes for future research are also highlighted in the limitations section.
{"title":"Influence of Family Social Support on Employee Engagement: Influence of Moderator and Mediator","authors":"Md. Kafil Uddin, M. T. Azim, Md. Aftab Uddin, S. Akther","doi":"10.1177/22785337221148256","DOIUrl":"https://doi.org/10.1177/22785337221148256","url":null,"abstract":"This article aims to unearth the association between family social support (FSS) and employee engagement (EE) with the moderating effect of work social support (WSS) and the mediating effect of family interfering work (FIW). This study used a quantitative approach to perform the research and collected 277 replies from a variety of organizations in Saudi Arabia’s Western region using a multi-item questionnaire and analyzed data using IBM SPSS 25 and IBM AMOS 24. The findings show that FIW plays a partial mediating role in the relationship between FSS and EE. However, WSS is found to have no significant moderating effect. The study provides important learning for practicing professionals and policymakers to adopt family-friendly policies and facilities for enhancing the work–life balance of the employees so as to strengthen the engagement of the employees in the organization. Former studies have emphasized the role of social support in buffering work–family conflict, but there is a dearth of studies linking FSS and EE in a moderated mediation. Thus, the present study endeavors to address the above-mentioned gap. Moreover, the notes for future research are also highlighted in the limitations section.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42449785","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 : 2023-04-28DOI: 10.1177/22785337221148815
Zubin R. Mulla
{"title":"A. K. Khandelwal (Ed.), Transformational Leadership in Banking: Challenges of Governance, Leadership and HR in a Digital and Disruptive World, Sage Publications. 2021. 514 pp. ₹995. ISBN: 978-93-5388 (Hard Bound)","authors":"Zubin R. Mulla","doi":"10.1177/22785337221148815","DOIUrl":"https://doi.org/10.1177/22785337221148815","url":null,"abstract":"","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42393692","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 : 2023-04-28DOI: 10.1177/22785337221148544
Listyorini Wahyu Widati, Bambang Sudiyatno, T. Suwarti, Kis Indriyaningrum
This study aims to investigate the impact of accounting conservatism and ownership structure on the firm performance of Indonesian active manufacturing companies. To achieve this goal, 44 qualified manufacturing companies were used as a sample of the 153 manufacturing companies in Indonesia. The data collection method was preceded by conducting surveys and observations to determine the purposive sampling method as the method used for data collection and data analysis using multiple regression. The company’s ability to use asset resources and equity to generate net income is used as a measure of firm performance. The results of the analysis using the multiple regression method in regression Equation 1 show that accounting conservatism and foreign ownership have a positive effect on return on assets, while managerial ownership and institutional ownership have no effect on return on assets. Similarly, the analysis result of Equation 2 shows that accounting conservativeness and foreign ownership have a positive effect on the return on equity, while managerial ownership and institutional ownership have no effect on the return on equity.
{"title":"An Empirical Study of the Impact of Accounting Conservatism and Ownership Structure on Firm Performance in Indonesia","authors":"Listyorini Wahyu Widati, Bambang Sudiyatno, T. Suwarti, Kis Indriyaningrum","doi":"10.1177/22785337221148544","DOIUrl":"https://doi.org/10.1177/22785337221148544","url":null,"abstract":"This study aims to investigate the impact of accounting conservatism and ownership structure on the firm performance of Indonesian active manufacturing companies. To achieve this goal, 44 qualified manufacturing companies were used as a sample of the 153 manufacturing companies in Indonesia. The data collection method was preceded by conducting surveys and observations to determine the purposive sampling method as the method used for data collection and data analysis using multiple regression. The company’s ability to use asset resources and equity to generate net income is used as a measure of firm performance. The results of the analysis using the multiple regression method in regression Equation 1 show that accounting conservatism and foreign ownership have a positive effect on return on assets, while managerial ownership and institutional ownership have no effect on return on assets. Similarly, the analysis result of Equation 2 shows that accounting conservativeness and foreign ownership have a positive effect on the return on equity, while managerial ownership and institutional ownership have no effect on the return on equity.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42982104","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 : 2023-04-28DOI: 10.1177/22785337221150831
H. Sharma
Increased internet usage has fueled significant growth in online retailing. The textile business has benefited in all countries thanks to the surge in online sales. Women’s fashion is having a huge impact on the world stage as women are the most concerned about what they wear and also new attractive clothes are released regularly. Electronic word of mouth (EWOM) is considered to be an important source of information and helps potential customers in purchasing decision-making. This study attempts to gather in-depth information about the women’s apparel sector by mining these EWOMs. Topic modeling through latent Dirichlet allocation (LDA) is utilized here for extracting the key aspects about which the customers chat in their reviews that are posted online. A total of 23,486 reviews were accessed on which the LDA technique was applied after preprocessing the data for potential cleaning. LDA technique resulted in six topics, namely, aesthetic, functionality, expressive, performance, extrinsic, and return policy. These are the aspects that the customers mention while commenting about their shopping experience. The findings of this study provide the key aspects that customers expect while purchasing women’s apparel online. The study discusses some implications for online marketers that may help them achieve a competitive edge.
{"title":"Using Topic Modeling for Extracting Customers’ Expectations: A Case of Women Apparel","authors":"H. Sharma","doi":"10.1177/22785337221150831","DOIUrl":"https://doi.org/10.1177/22785337221150831","url":null,"abstract":"Increased internet usage has fueled significant growth in online retailing. The textile business has benefited in all countries thanks to the surge in online sales. Women’s fashion is having a huge impact on the world stage as women are the most concerned about what they wear and also new attractive clothes are released regularly. Electronic word of mouth (EWOM) is considered to be an important source of information and helps potential customers in purchasing decision-making. This study attempts to gather in-depth information about the women’s apparel sector by mining these EWOMs. Topic modeling through latent Dirichlet allocation (LDA) is utilized here for extracting the key aspects about which the customers chat in their reviews that are posted online. A total of 23,486 reviews were accessed on which the LDA technique was applied after preprocessing the data for potential cleaning. LDA technique resulted in six topics, namely, aesthetic, functionality, expressive, performance, extrinsic, and return policy. These are the aspects that the customers mention while commenting about their shopping experience. The findings of this study provide the key aspects that customers expect while purchasing women’s apparel online. The study discusses some implications for online marketers that may help them achieve a competitive edge.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41539572","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 : 2023-04-28DOI: 10.1177/22785337221148283
Ritu Pareek, T. N. Sahu, K. Pandey
The agency theory propagates the use of compensation as a motivational measure to get the interest of the firm’s owners and the managers aligned. However, after a series of scandals, there has been a widespread focus on the payments made to the executives and their relationship with the organization’s financial performance. Although the relationship between compensation and performance has been observed extensively, the change in the relationship at various levels of compensation and the nonlinear aspect in the relationship still remain unanswered. Under this backdrop, the study makes an in-depth analysis of the relationship between executive compensation and firm performance in the context of 182 nonfinancial NSE-listed companies of India for the period 2014–2020. The study besides applying the static panel data analysis also advances to generalized method of moments based dynamic panel model to overcome the issues of endogeneity and declares that the relationship existing between executive compensation and firm’s Tobin’s Q is seen to be an inverted U-shaped curve. As per the robust estimator, an increase in the level of executive compensation is found to affect financial performance positively until it transcends a threshold level of 2.6% of the firm’s net profit.
{"title":"The Nonlinear Effect of Executive Compensation on Financial Performance","authors":"Ritu Pareek, T. N. Sahu, K. Pandey","doi":"10.1177/22785337221148283","DOIUrl":"https://doi.org/10.1177/22785337221148283","url":null,"abstract":"The agency theory propagates the use of compensation as a motivational measure to get the interest of the firm’s owners and the managers aligned. However, after a series of scandals, there has been a widespread focus on the payments made to the executives and their relationship with the organization’s financial performance. Although the relationship between compensation and performance has been observed extensively, the change in the relationship at various levels of compensation and the nonlinear aspect in the relationship still remain unanswered. Under this backdrop, the study makes an in-depth analysis of the relationship between executive compensation and firm performance in the context of 182 nonfinancial NSE-listed companies of India for the period 2014–2020. The study besides applying the static panel data analysis also advances to generalized method of moments based dynamic panel model to overcome the issues of endogeneity and declares that the relationship existing between executive compensation and firm’s Tobin’s Q is seen to be an inverted U-shaped curve. As per the robust estimator, an increase in the level of executive compensation is found to affect financial performance positively until it transcends a threshold level of 2.6% of the firm’s net profit.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48653015","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 : 2023-04-28DOI: 10.1177/22785337221148881
Mohd Shoib Shah, Mohammad Farooq Lala
Entrepreneurship is not only limited to the stable contexts; rather it exists in conflict zones as well. The current study presents empirical findings from a conflict-affected region Kashmir. We specifically investigated the role of select entrepreneurial competencies including opportunity, commitment, and organizing competencies and environmental factors which include entrepreneurial finance and government policies on entrepreneurial success. We found that entrepreneurial competencies and environmental factors had a direct, positive, and significant impact on entrepreneurial success in a conflict zone Kashmir. The analysis of the data also revealed that the relationship between entrepreneurial competencies and entrepreneurial success was moderated by government policies. The study is a response to the call of multiple authors for providing empirical evidences from conflict-zones. This study provides evidence for multiple stakeholders including entrepreneurs, governments, and entrepreneurship development institutes to focus on the competencies and policies so that the entrepreneurs may benefit in the long run. The study is significant because findings of this research can be extended to many areas, especially for business and entrepreneurship to survive in places undergoing conflict and strife over long years where sustenance and livelihood due to lack of stability is a continued challenge.
{"title":"Determinants of Entrepreneurial Success in a Conflict-affected Region: Investigating the Role of Select Entrepreneurial Competencies and Environmental Factors on Entrepreneurial Success in Kashmir","authors":"Mohd Shoib Shah, Mohammad Farooq Lala","doi":"10.1177/22785337221148881","DOIUrl":"https://doi.org/10.1177/22785337221148881","url":null,"abstract":"Entrepreneurship is not only limited to the stable contexts; rather it exists in conflict zones as well. The current study presents empirical findings from a conflict-affected region Kashmir. We specifically investigated the role of select entrepreneurial competencies including opportunity, commitment, and organizing competencies and environmental factors which include entrepreneurial finance and government policies on entrepreneurial success. We found that entrepreneurial competencies and environmental factors had a direct, positive, and significant impact on entrepreneurial success in a conflict zone Kashmir. The analysis of the data also revealed that the relationship between entrepreneurial competencies and entrepreneurial success was moderated by government policies. The study is a response to the call of multiple authors for providing empirical evidences from conflict-zones. This study provides evidence for multiple stakeholders including entrepreneurs, governments, and entrepreneurship development institutes to focus on the competencies and policies so that the entrepreneurs may benefit in the long run. The study is significant because findings of this research can be extended to many areas, especially for business and entrepreneurship to survive in places undergoing conflict and strife over long years where sustenance and livelihood due to lack of stability is a continued challenge.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46155337","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 : 2023-04-26DOI: 10.1177/22785337221148841
A. Salameh, Naeem Hayat, Anis Ali
Technology impacts human life in multiple ways, and the internet offers the facility to perform traditional money transactions instantly. However, technology adoption is risky, and numerous risks hinder the intention formation from using e-money services. The current work investigates four types of associated risks (financial, service, time, and psychological risk) impacting the use intention for e-money services among Saudi Arabian and estimating the effect of e-money services knowledge on the use intention. For the existing cross-sectional study, quantitative data were collected in Saudi Arabia on social media. Analysis was executed with 328 valid sample data with the partial least square structural equation modeling software SmartPLS 3.3. Results revealed that e-money services’ financial, time, and service risks insignificantly influence the e-money usage intention. However, psychological risk and knowledge about e-money services significantly influence the use intention for e-money services. E-money services firms reduce financial, time, and service risk perceptions. Improving knowledge of e-money services and reducing the psychological risk build a favorable usage intention. The results help develop appropriate management and policy guidelines to facilitate Saudi Arabia to become a cashless society by 2030. The study’s limitations and future research options are stated at the end.
{"title":"Reconnoitering the Effects of Risk and Knowledge on Use Intention for E-money Services Among Saudi Arabian Residents","authors":"A. Salameh, Naeem Hayat, Anis Ali","doi":"10.1177/22785337221148841","DOIUrl":"https://doi.org/10.1177/22785337221148841","url":null,"abstract":"Technology impacts human life in multiple ways, and the internet offers the facility to perform traditional money transactions instantly. However, technology adoption is risky, and numerous risks hinder the intention formation from using e-money services. The current work investigates four types of associated risks (financial, service, time, and psychological risk) impacting the use intention for e-money services among Saudi Arabian and estimating the effect of e-money services knowledge on the use intention. For the existing cross-sectional study, quantitative data were collected in Saudi Arabia on social media. Analysis was executed with 328 valid sample data with the partial least square structural equation modeling software SmartPLS 3.3. Results revealed that e-money services’ financial, time, and service risks insignificantly influence the e-money usage intention. However, psychological risk and knowledge about e-money services significantly influence the use intention for e-money services. E-money services firms reduce financial, time, and service risk perceptions. Improving knowledge of e-money services and reducing the psychological risk build a favorable usage intention. The results help develop appropriate management and policy guidelines to facilitate Saudi Arabia to become a cashless society by 2030. The study’s limitations and future research options are stated at the end.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42606796","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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