Pub Date : 2023-01-19DOI: 10.1177/22785337221148279
Hailemariam Kebede Gelgile, Amit Shukla
The idea of feminism advocates social, political, economic, and intellectual equality for women and men. In the organizational context, particularly in Africa, there is a dearth of studies probing the implications of feminism toward shattering of the proverbial glass-ceiling that women face every day. The present article is aimed to address this gap. It investigates the role of feminism in promoting women’s career advancement through financial wellbeing. The study deploys a sample of 250 women working in the four breweries in the Addis Ababa area, Ethiopia. The findings confirmed our hypotheses that feminism was a strong predictor for women’s career success and that financial wellbeing acted as a mediator between the two. As a major implication, the study highlights the positive role of feminism for women’s career success, while underlining the importance of financial wellbeing for them. It assumes particular significance considering prevalent misgivings about these concepts in Ethiopian society. The study also provides certain recommendations for future researchers and policymakers.
{"title":"Is Feminism a Silver Bullet to Shatter African Glass Ceiling? An Examination of the Mediating Role of Financial Wellbeing","authors":"Hailemariam Kebede Gelgile, Amit Shukla","doi":"10.1177/22785337221148279","DOIUrl":"https://doi.org/10.1177/22785337221148279","url":null,"abstract":"The idea of feminism advocates social, political, economic, and intellectual equality for women and men. In the organizational context, particularly in Africa, there is a dearth of studies probing the implications of feminism toward shattering of the proverbial glass-ceiling that women face every day. The present article is aimed to address this gap. It investigates the role of feminism in promoting women’s career advancement through financial wellbeing. The study deploys a sample of 250 women working in the four breweries in the Addis Ababa area, Ethiopia. The findings confirmed our hypotheses that feminism was a strong predictor for women’s career success and that financial wellbeing acted as a mediator between the two. As a major implication, the study highlights the positive role of feminism for women’s career success, while underlining the importance of financial wellbeing for them. It assumes particular significance considering prevalent misgivings about these concepts in Ethiopian society. The study also provides certain recommendations for future researchers and policymakers.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-01-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44331474","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 : 2023-01-09DOI: 10.1177/22785337221148302
David Leong
What arouses entrepreneurial action? The role of entrepreneurial opportunities in stimulating entrepreneurial action under uncertainty is a subject of intense scholarly debate. This article engages in a crucial theoretical exploration to extend the boundaries of opportunity by reframing it as an artifact. Reframing the opportunity as an artifact (crystallized information) shifts the dialogue and perspectives. Through information visualization and mental modeling approaches, information is aggregated, integrated, and configured to generate an experience that triggers actions. The interaction, transformation, and representation of information are intended to reduce uncertainty and guide entrepreneurial enactment. This article presents an integrated information processing model showing how information excites, instigates, and motivates enactment. This contextualization aims to develop a descriptively accurate and prescriptively useful concept of opportunity as an artifact. Theoretically, analytically, and conceptually, the focus on information as the fundamental unit of analysis shifts the discussion by featuring inward to move the scholarly debate on opportunity forward. This re-pivoting can avoid the calls for abandonment and debunking of the opportunity construct.
{"title":"Mental Modeling of Entrepreneurial Opportunity Based on the Principle of Information Visualization","authors":"David Leong","doi":"10.1177/22785337221148302","DOIUrl":"https://doi.org/10.1177/22785337221148302","url":null,"abstract":"What arouses entrepreneurial action? The role of entrepreneurial opportunities in stimulating entrepreneurial action under uncertainty is a subject of intense scholarly debate. This article engages in a crucial theoretical exploration to extend the boundaries of opportunity by reframing it as an artifact. Reframing the opportunity as an artifact (crystallized information) shifts the dialogue and perspectives. Through information visualization and mental modeling approaches, information is aggregated, integrated, and configured to generate an experience that triggers actions. The interaction, transformation, and representation of information are intended to reduce uncertainty and guide entrepreneurial enactment. This article presents an integrated information processing model showing how information excites, instigates, and motivates enactment. This contextualization aims to develop a descriptively accurate and prescriptively useful concept of opportunity as an artifact. Theoretically, analytically, and conceptually, the focus on information as the fundamental unit of analysis shifts the discussion by featuring inward to move the scholarly debate on opportunity forward. This re-pivoting can avoid the calls for abandonment and debunking of the opportunity construct.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48042281","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: 10.1177/22785337211070342
Mohammed Anam Akhtar, Khurram Ajaz Khan, Hung Cuong Hoang
This study aims to find the role social networking sites (SNSs) have in the form of expert opinions and blogs available at digital platforms, on financial product choice (FPC). How do social blogs and online expert opinions influence people’s purchasing decisions when using a TPB-based model? The research is conducted in northern India on an individual-level survey basis. The effects of the chosen variable on purchase intentions through the theory of planned behavior were examined by partial least square-structural equation modeling (PLS-SEM) using SMART-PLS 3.2. The results revealed that social media platforms have a positive impact on individuals’ FPCs through blogs and opinions. This study adds to the literature by providing insights into the impact of social media on financial product selection in a developing country like India, an area that is not much explored. More so, there is no conclusive literature available in the Indian context using gender as a moderator over TPB while examining intention to invest in financial products. The study provides a better understanding of investment behavior using online social platforms, blogs, and online expert opinion to policymakers and regulators like SEBI and service providers for enhancing the reach of their services. However, constraints such as dealing with self-reporting and generalizing findings to various situations are expected to be overcome with additional research in the field.
{"title":"Role of Social Networking Sites in Financial Product Choice: An Investigation Through the Theory of Planned Behavior","authors":"Mohammed Anam Akhtar, Khurram Ajaz Khan, Hung Cuong Hoang","doi":"10.1177/22785337211070342","DOIUrl":"https://doi.org/10.1177/22785337211070342","url":null,"abstract":"This study aims to find the role social networking sites (SNSs) have in the form of expert opinions and blogs available at digital platforms, on financial product choice (FPC). How do social blogs and online expert opinions influence people’s purchasing decisions when using a TPB-based model? The research is conducted in northern India on an individual-level survey basis. The effects of the chosen variable on purchase intentions through the theory of planned behavior were examined by partial least square-structural equation modeling (PLS-SEM) using SMART-PLS 3.2. The results revealed that social media platforms have a positive impact on individuals’ FPCs through blogs and opinions. This study adds to the literature by providing insights into the impact of social media on financial product selection in a developing country like India, an area that is not much explored. More so, there is no conclusive literature available in the Indian context using gender as a moderator over TPB while examining intention to invest in financial products. The study provides a better understanding of investment behavior using online social platforms, blogs, and online expert opinion to policymakers and regulators like SEBI and service providers for enhancing the reach of their services. However, constraints such as dealing with self-reporting and generalizing findings to various situations are expected to be overcome with additional research in the field.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":"11 1","pages":"44 - 62"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48094385","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 : 2022-12-07DOI: 10.1177/22785337221132612
Himanshu Dhaka, Rajen K. Gupta, Tanuja Sharma
This study aims to examine how Buddhist mindfulness meditation influences the ethical temperament of its practitioner at the workplace. By adopting a constructivist grounded theory approach, we found six elements of Buddhist mindfulness meditation and three mechanisms underlying the ethical temperament of the participants at the workplace. Our findings suggest that Buddhist mindfulness meditation helps practitioners pursue a spiritual purpose guided by moral principles. Moreover, it helps them to overcome temptations and pressures against moral actions and makes them sensitive to the wellbeing of others. This study advances the literature of Buddhist principles and workplace ethics by identifying the mechanism of ethical behavior at the workplace influenced by mindfulness meditation.
{"title":"Moral Development at the Workplace through Buddhist Mindfulness Meditation: A Grounded Theory Study","authors":"Himanshu Dhaka, Rajen K. Gupta, Tanuja Sharma","doi":"10.1177/22785337221132612","DOIUrl":"https://doi.org/10.1177/22785337221132612","url":null,"abstract":"This study aims to examine how Buddhist mindfulness meditation influences the ethical temperament of its practitioner at the workplace. By adopting a constructivist grounded theory approach, we found six elements of Buddhist mindfulness meditation and three mechanisms underlying the ethical temperament of the participants at the workplace. Our findings suggest that Buddhist mindfulness meditation helps practitioners pursue a spiritual purpose guided by moral principles. Moreover, it helps them to overcome temptations and pressures against moral actions and makes them sensitive to the wellbeing of others. This study advances the literature of Buddhist principles and workplace ethics by identifying the mechanism of ethical behavior at the workplace influenced by mindfulness meditation.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42033393","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 : 2022-12-07DOI: 10.1177/22785337221132613
A. Hm, Hareendrakumar Vr, S. Subramoniam
Total quality management (TQM) is a widely accepted philosophy of performance improvement through employee and customer satisfaction. TQM widened the quality concept from products to the entire range of organizational activities and extended the customer experience to beyond the product. As the employees at work can play a major role in adding quality to products including services, the successful integration of the human factor with quality programs is very critical to organizations. This study is an attempt to understand the satisfaction on TQM practices in their companies, as perceived by public sector employees in India. The data collected from 265 employees of 10 public sector companies using the method of stratified random sampling is analyzed through structural equation modelling (SEM). It is evident from this study that the employees of public sector companies are more satisfied with the effectiveness of education and training, leadership, and customer focus, out of a total of six factors taken up for the study. The study also highlights the scope for improving employees’ satisfaction with the other factors. The outcome of this study provides valuable input for the managers in reviewing their current TQM practices and making improvements for the future.
{"title":"Perceived Effectiveness of Total Quality Management (TQM) Practice of the Public Sector Companies in India","authors":"A. Hm, Hareendrakumar Vr, S. Subramoniam","doi":"10.1177/22785337221132613","DOIUrl":"https://doi.org/10.1177/22785337221132613","url":null,"abstract":"Total quality management (TQM) is a widely accepted philosophy of performance improvement through employee and customer satisfaction. TQM widened the quality concept from products to the entire range of organizational activities and extended the customer experience to beyond the product. As the employees at work can play a major role in adding quality to products including services, the successful integration of the human factor with quality programs is very critical to organizations. This study is an attempt to understand the satisfaction on TQM practices in their companies, as perceived by public sector employees in India. The data collected from 265 employees of 10 public sector companies using the method of stratified random sampling is analyzed through structural equation modelling (SEM). It is evident from this study that the employees of public sector companies are more satisfied with the effectiveness of education and training, leadership, and customer focus, out of a total of six factors taken up for the study. The study also highlights the scope for improving employees’ satisfaction with the other factors. The outcome of this study provides valuable input for the managers in reviewing their current TQM practices and making improvements for the future.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41505315","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 : 2022-11-30DOI: 10.1177/22785337221127133
C. Michelin, J. Siluk, V. Gerhardt, Eduarda Grasel Stieler, Flávia Ferrari dos Santos, Géssica Zen
Understanding the stages of the life cycle of companies is fundamental to their management and performance, since the characteristics of companies vary according to the moment they are going through. With this focus, the purpose of this article is to identify and analyze the models of the different company cycles found in the literature presenting comparisons with a life cycle model proposed by an author present in the industrial market. The company life cycle models were identified through a systematic literature review that aimed to rescue the perception of several authors. The authors have a similar approach on the subject of the study, and their proposals come from the 1980s and 1990s, characterizing a time gap on the subject. The article contributes to the research on the company life cycle, as it presents models identified in the literature, as well as a perspective of the stages of companies emphasizing a life cycle model used by industries in the market. The article identifies similarities and differences between company life cycle models used in the market and used others in academic scientific circles. The results of the article provide the characteristics of the company life cycle stages to managers of industrial organizations, helping to understand the organization’s moment in the market, as well as to understand the next stages to be developed.
{"title":"A Qualitative Review of Market-based Company Life Cycle Models","authors":"C. Michelin, J. Siluk, V. Gerhardt, Eduarda Grasel Stieler, Flávia Ferrari dos Santos, Géssica Zen","doi":"10.1177/22785337221127133","DOIUrl":"https://doi.org/10.1177/22785337221127133","url":null,"abstract":"Understanding the stages of the life cycle of companies is fundamental to their management and performance, since the characteristics of companies vary according to the moment they are going through. With this focus, the purpose of this article is to identify and analyze the models of the different company cycles found in the literature presenting comparisons with a life cycle model proposed by an author present in the industrial market. The company life cycle models were identified through a systematic literature review that aimed to rescue the perception of several authors. The authors have a similar approach on the subject of the study, and their proposals come from the 1980s and 1990s, characterizing a time gap on the subject. The article contributes to the research on the company life cycle, as it presents models identified in the literature, as well as a perspective of the stages of companies emphasizing a life cycle model used by industries in the market. The article identifies similarities and differences between company life cycle models used in the market and used others in academic scientific circles. The results of the article provide the characteristics of the company life cycle stages to managers of industrial organizations, helping to understand the organization’s moment in the market, as well as to understand the next stages to be developed.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-11-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"65470027","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 : 2022-11-28DOI: 10.1177/22785337221132617
Bruvine Orchidée Mazonga Mfoutou, Richard Danquah
This study uses data envelopment analysis (DEA) adjusted estimator to assess the efficiency of defined benefit private and public pension plans in the Republic of Congo. We also incorporate the industry fund in the assessment. The authors apply constant return to scale (CRS) adjusted estimator input and output orientation. In input orientation, we intellectualize efficiency as the ability of defined benefit pension funds to reduce costs, whereas assets remain constant. In output orientation, we conceive efficiency as raising the return on investment in existing contribution, administrative, and investment cost capacities. CRS-adjusted scores depict that the defined benefit private pension fund is on the efficient frontier regarding its input and output. The defined benefit public and industry pension funds are off the efficient frontier. Hence the private sector ranked first, is more efficient than the public sector, ranked third. The industry sector is less efficient compared to the private sector but more efficient than the public sector. As far as efficiency studies are concerned, this study is the first in sub-Saharan Africa to use the DEA-adjusted estimator to assess the efficiency of defined benefit pension funds.
{"title":"Assessing the Efficiency of Defined Benefit Private and Public Pension Plans using Data Envelopment Analysis Adjusted Estimator","authors":"Bruvine Orchidée Mazonga Mfoutou, Richard Danquah","doi":"10.1177/22785337221132617","DOIUrl":"https://doi.org/10.1177/22785337221132617","url":null,"abstract":"This study uses data envelopment analysis (DEA) adjusted estimator to assess the efficiency of defined benefit private and public pension plans in the Republic of Congo. We also incorporate the industry fund in the assessment. The authors apply constant return to scale (CRS) adjusted estimator input and output orientation. In input orientation, we intellectualize efficiency as the ability of defined benefit pension funds to reduce costs, whereas assets remain constant. In output orientation, we conceive efficiency as raising the return on investment in existing contribution, administrative, and investment cost capacities. CRS-adjusted scores depict that the defined benefit private pension fund is on the efficient frontier regarding its input and output. The defined benefit public and industry pension funds are off the efficient frontier. Hence the private sector ranked first, is more efficient than the public sector, ranked third. The industry sector is less efficient compared to the private sector but more efficient than the public sector. As far as efficiency studies are concerned, this study is the first in sub-Saharan Africa to use the DEA-adjusted estimator to assess the efficiency of defined benefit pension funds.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-11-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43132721","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 : 2022-11-11DOI: 10.1177/22785337221132614
B. Urban, Odifentse Mapula-e Lehasa
Recognizing that the current literature provides a fragmented depiction of impact investor decisions, this article empirically examines if impact investors are focused on financial returns or instead on the social impact generated by social enterprises. To address this research objective a sample of impact investors are surveyed in South Africa, where there is an increasing demand for impact investors to fund initiatives that address the country’s many underlying structural deficits and wicked problems. Findings, based on correlational and regression analyses, indicate that variation in the impact investment decision is explained by the financial return motive. This finding resonates with the argument that investors are primarily focused on financial competitiveness and return on their investment. Developing a strong body of evidence that validates the effectiveness of policy in supporting impact investing is pivotal, particularly when given the lack of sustainability of many social enterprises in African and emerging economies.
{"title":"Investing in a Social Venture to Generate Social Impact or Financial Return","authors":"B. Urban, Odifentse Mapula-e Lehasa","doi":"10.1177/22785337221132614","DOIUrl":"https://doi.org/10.1177/22785337221132614","url":null,"abstract":"Recognizing that the current literature provides a fragmented depiction of impact investor decisions, this article empirically examines if impact investors are focused on financial returns or instead on the social impact generated by social enterprises. To address this research objective a sample of impact investors are surveyed in South Africa, where there is an increasing demand for impact investors to fund initiatives that address the country’s many underlying structural deficits and wicked problems. Findings, based on correlational and regression analyses, indicate that variation in the impact investment decision is explained by the financial return motive. This finding resonates with the argument that investors are primarily focused on financial competitiveness and return on their investment. Developing a strong body of evidence that validates the effectiveness of policy in supporting impact investing is pivotal, particularly when given the lack of sustainability of many social enterprises in African and emerging economies.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-11-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"65470207","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 : 2022-09-19DOI: 10.1177/22785337221119589
Seong-Yuen Toh, Shue-Li Lim, Ranita Kaur, Choon-Teng Too
Gen Z constitutes 29% of Malaysia’s population and a growing proportion of the workforce in the near future. Very little is known about their leadership potential. This study investigates whether Gen Z’s sense of duty to lead can be influenced by rewards. Extant literature characterizes Gen Z as convenience-oriented, reward-seeking, calculative, independent, idealistic, and optimistic. An anonymous online questionnaire was used to survey students in schools and universities in Malaysia, targeting respondents 25 years old and below to represent the Gen Z cohort. A total of 153 valid cases were used for statistical analysis. Contrary to their purported self-serving and entitled sentiments, the evidence in this study suggests that Malaysian Gen Z’s sense of duty to lead cannot be easily swayed by rewards. We further found that they do not necessarily dislike working in groups as claimed by past studies; instead, they avoid conflict and discord in teamwork if possible and therefore prefer to work independently if team disharmony is inevitable. While the literature on Gen Z indicates that they prefer convenience, comfort, and are self-interested, this study suggests that their sense of duty to lead can be sacrificial and selfless.
{"title":"Can the Leadership Sense of Duty of Gen Z Be Bought? Evidence from Malaysian Gen Z Students","authors":"Seong-Yuen Toh, Shue-Li Lim, Ranita Kaur, Choon-Teng Too","doi":"10.1177/22785337221119589","DOIUrl":"https://doi.org/10.1177/22785337221119589","url":null,"abstract":"Gen Z constitutes 29% of Malaysia’s population and a growing proportion of the workforce in the near future. Very little is known about their leadership potential. This study investigates whether Gen Z’s sense of duty to lead can be influenced by rewards. Extant literature characterizes Gen Z as convenience-oriented, reward-seeking, calculative, independent, idealistic, and optimistic. An anonymous online questionnaire was used to survey students in schools and universities in Malaysia, targeting respondents 25 years old and below to represent the Gen Z cohort. A total of 153 valid cases were used for statistical analysis. Contrary to their purported self-serving and entitled sentiments, the evidence in this study suggests that Malaysian Gen Z’s sense of duty to lead cannot be easily swayed by rewards. We further found that they do not necessarily dislike working in groups as claimed by past studies; instead, they avoid conflict and discord in teamwork if possible and therefore prefer to work independently if team disharmony is inevitable. While the literature on Gen Z indicates that they prefer convenience, comfort, and are self-interested, this study suggests that their sense of duty to lead can be sacrificial and selfless.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41573409","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 : 2022-08-13DOI: 10.1177/22785337221114675
Tahira Iram, A. Bilal, Zeshan Ahmad, Shahid Latif
The purpose of this study is to examine the impact of Consciousness personality on women entrepreneurs’ behavioral biases by focusing on financial literacy which is taken as a mediator while the mindfulness as a potential moderator. A random sample of 210 female entrepreneurs working in Pakistan was collected through stratified sampling technique and data are analyzed by using Structural Equation Modeling through SMART-PLS. The results divulged a significant mediating impact of financial literacy in reducing mental accounting bias among consciousness personality possessing women entrepreneurs; however, financial literacy was found related to the risk aversion bias through mindfulness. The moderation analysis further revealed interesting indirect impacts, such that financial literacy strongly reduced mental accounting and risk aversion bias for women who were more conscious of proper financial mindfulness. Nonetheless, financial mindfulness did not catalyze financial literacy and herding bias relationship. By encompassing the concepts of financial literacy, mindfulness, and behavioral biases in consciousness personality’s women entrepreneurs, we offered a comprehensive theoretical framework with practical implications for women entrepreneurs in Pakistan. Thus, we suggest new avenues for the longstanding dilemma related to the factors instigating suboptimal financial decision-making in women entrepreneurs in developing markets.
{"title":"Building a Conscientious Personality is Not Sufficient to Manage Behavioral Biases: An Effective Intervention for Financial Literacy in Women Entrepreneurs","authors":"Tahira Iram, A. Bilal, Zeshan Ahmad, Shahid Latif","doi":"10.1177/22785337221114675","DOIUrl":"https://doi.org/10.1177/22785337221114675","url":null,"abstract":"The purpose of this study is to examine the impact of Consciousness personality on women entrepreneurs’ behavioral biases by focusing on financial literacy which is taken as a mediator while the mindfulness as a potential moderator. A random sample of 210 female entrepreneurs working in Pakistan was collected through stratified sampling technique and data are analyzed by using Structural Equation Modeling through SMART-PLS. The results divulged a significant mediating impact of financial literacy in reducing mental accounting bias among consciousness personality possessing women entrepreneurs; however, financial literacy was found related to the risk aversion bias through mindfulness. The moderation analysis further revealed interesting indirect impacts, such that financial literacy strongly reduced mental accounting and risk aversion bias for women who were more conscious of proper financial mindfulness. Nonetheless, financial mindfulness did not catalyze financial literacy and herding bias relationship. By encompassing the concepts of financial literacy, mindfulness, and behavioral biases in consciousness personality’s women entrepreneurs, we offered a comprehensive theoretical framework with practical implications for women entrepreneurs in Pakistan. Thus, we suggest new avenues for the longstanding dilemma related to the factors instigating suboptimal financial decision-making in women entrepreneurs in developing markets.","PeriodicalId":37330,"journal":{"name":"Business Perspectives and Research","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-08-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42713160","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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