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Regional Expansion of Emerging Market Banks: Evidence from the Middle East 新兴市场银行的区域扩张:来自中东的证据
IF 1.5 Q2 Social Sciences Pub Date : 2021-10-03 DOI: 10.1080/10669868.2021.1982103
Canan Yildirim, Belma Öztürkkal
Abstract This study investigates challenges and opportunities that regionally expanding emerging market banks face. We focus on four leading Middle Eastern banks’ internationalization trajectories and performances by employing a case study approach. We first examine the four banks’ choices of target markets, entry sequencing, and entry modes over time and then analyze their entry strategies and post-entry financial performances in one of their key markets, Turkey. We show that the success of regional expansion strategies depends on parent bank characteristics such as scale and capital strength, strategic decisions regarding entry mode and timing, and host market structure and competitiveness.
摘要本研究调查了区域性新兴市场银行面临的挑战和机遇。我们采用案例研究的方法,重点研究了四家中东领先银行的国际化轨迹和表现。我们首先考察了四家银行在一段时间内对目标市场、进入顺序和进入模式的选择,然后分析了它们在其关键市场之一土耳其的进入策略和进入后的财务表现。我们发现,区域扩张战略的成功取决于母银行的规模和资本实力等特征、进入模式和时机的战略决策、东道国市场结构和竞争力。
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引用次数: 3
Causal Linkage between Remittances and Financial Development: Evidence from the BRICS (Brazil, Russia, India, China, and South Africa) 汇款与金融发展之间的因果关系:来自金砖国家(巴西、俄罗斯、印度、中国和南非)的证据
IF 1.5 Q2 Social Sciences Pub Date : 2021-09-28 DOI: 10.1080/10669868.2021.1976348
Suman Bindu, P. Sridharan, R. Swain, C. Das
Abstract The steady flow of remittances due to financial integration has grabbed the attention of academicians and policy advisors. Despite the growing importance of remittances, the study on the relationship between remittances and financial development in Brazil, Russia, India, China, and South Africa remains unexplored. Thus, this paper analyses the effect of remittances on financial development. It also investigates the long-run and short-run relationship between remittances and financial development using annual data of Brazil, Russia, India, China, and South Africa from 1990 to 2019. Three different financial development indicators are used: domestic credit to the private sector as a percentage of GDP, bank deposit as a percentage of GDP, liquid liabilities as a percentage of GDP. The study employs the fixed and random effect model, Johansen Cointegration tests, vector error correction model, and Wald tests for analysis. The results suggest a positive effect of remittances on bank deposits. It indicates that a 1% increase in remittances leads to a 4.5% increase in bank deposits. The study also reveals the long-run relationship between remittances and bank deposits and the absence of a short-run relationship between remittances and financial development. The main implications of the study can be predicted as remittances allow the accumulation of savings in the long run and provide the platform for the unbanked recipients to utilize certain financial products and services. The absence of a short-run relationship indicates that remittances are utilized mainly for consumption in the short run. However, it can be recommended that BRICS economies should make every effort to increase the remittance inflows through reduced transaction costs and tax benefits in remittance-led investment or banks to bank deposits with competitive deposit rates for the diaspora.
摘要金融一体化带来的汇款稳定流动引起了学者和政策顾问的关注。尽管汇款的重要性越来越大,但对巴西、俄罗斯、印度、中国和南非汇款与金融发展之间关系的研究仍有待探索。因此,本文分析了汇款对金融发展的影响。它还利用巴西、俄罗斯、印度、中国和南非1990年至2019年的年度数据调查了汇款与金融发展之间的长期和短期关系。使用了三种不同的金融发展指标:私营部门的国内信贷占国内生产总值的百分比,银行存款占国内生产产值的百分比,流动负债占国内生产总额的百分比。本研究采用固定和随机效应模型、Johansen协整检验、向量误差校正模型和Wald检验进行分析。研究结果表明,汇款对银行存款产生了积极影响。它表明,汇款增加1%会导致银行存款增加4.5%。该研究还揭示了汇款和银行存款之间的长期关系,以及汇款和金融发展之间不存在短期关系。这项研究的主要影响可以预测,因为从长远来看,汇款可以积累储蓄,并为没有银行账户的收款人提供利用某些金融产品和服务的平台。没有短期关系表明汇款在短期内主要用于消费。然而,可以建议金砖国家经济体尽一切努力,通过降低汇款导向投资的交易成本和税收优惠,或通过对侨民具有竞争力的存款利率的银行对银行存款,增加汇款流入。
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引用次数: 6
Australia’s Free Trade Agreements (FTAs) and Potentiality of Wheat Exports: A Panel Gravity Model Approach 澳大利亚自由贸易协定(fta)和小麦出口潜力:面板重力模型方法
IF 1.5 Q2 Social Sciences Pub Date : 2021-09-22 DOI: 10.1080/10669868.2021.1974640
K. P. Timsina, R. Culas
Abstract This paper estimates the trade creation and export diversion effects of different Australia’s free trade agreements (FTAs) using the panel data from 1996 to 2017. The heteroscedasticity robust Regression Error Specification Test confirms the relevance of Poisson Pseudo Maximum Likelihood estimator over Ordinary Least Square estimator. Results showed that the total trade creation effects of FTAs in wheat trade is higher than Intra block export diversion. The exhausted wheat exports potentiality from Australia to the countries like Indonesia, Iraq, Japan, Korea, and the Philippines has suggested seeking for additional potential markets based on demand in the future.
摘要本文利用1996 - 2017年的面板数据,对澳大利亚不同自由贸易协定的贸易创造效应和出口转移效应进行了估算。异方差稳健回归误差规范检验证实了泊松伪极大似然估计量相对于普通最小二乘估计量的相关性。结果表明,自由贸易协定在小麦贸易中的总贸易创造效应高于区域内出口转移效应。澳大利亚对印度尼西亚、伊拉克、日本、韩国和菲律宾等国的小麦出口潜力已经枯竭,因此建议根据未来的需求寻找其他潜在市场。
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引用次数: 5
The Impact of Coronavirus on Australian Public Sector Employees 冠状病毒对澳大利亚公共部门雇员的影响
IF 1.5 Q2 Social Sciences Pub Date : 2021-09-21 DOI: 10.1080/10669868.2021.1974641
Hanan AlMazrouei, R. Zacca
Abstract The COVID-19 pandemic has affected the lives of billions of people around the world in many ways. This study aims to examine how the lockdowns implemented in Australia have affected public sector employees working from their homes as well as examining if the level of trust between managers and their employees has changed. A qualitative research study was conducted with 60 Australian public sector employees. The findings indicate that teamwork and individual learning outcomes were altered. This research contributes to the body of knowledge surrounding the mechanisms used to cope with the changes and the effects on employee productivity.
摘要新冠肺炎大流行在许多方面影响了世界各地数十亿人的生活。这项研究旨在研究澳大利亚实施的封锁对在家工作的公共部门员工的影响,以及管理人员和员工之间的信任水平是否发生了变化。对60名澳大利亚公共部门雇员进行了一项定性研究。研究结果表明,团队合作和个人学习结果发生了改变。这项研究有助于了解用于应对变化的机制以及对员工生产力的影响。
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引用次数: 5
Digital Health Studies: Business and Management Theory Perspective 数字健康研究:商业和管理理论视角
IF 1.5 Q2 Social Sciences Pub Date : 2021-07-03 DOI: 10.1080/10669868.2021.1931622
E. Oparin, A. Panibratov, L. Ermolaeva
Abstract Digital Health (DH) is an emerging area of scholarly attention. DH represents the solid ground for interdisciplinary research as it combines society, technologies and management. The aim of this paper is to advance the knowledge of DH business by reviewing existing studies of DH as an inter-organizational and complex phenomenon and to propose the ground for strategic management studies. Admitting the fact that DH requires interdisciplinary approach we shed the light on the theoretical tenets explaining this phenomenon from managerial theories perspectives and suggest research avenues that might contribute to the future DH studies.
数字健康(DH)是一个新兴的学术领域。理大结合了社会、科技和管理,是跨学科研究的坚实基础。本文的目的是通过回顾现有的关于卫生保健作为一个跨组织和复杂现象的研究,提高对卫生保健业务的认识,并提出战略管理研究的基础。承认卫生保健需要跨学科的方法,我们从管理理论的角度阐明了解释这一现象的理论原则,并提出了可能有助于未来卫生保健研究的研究途径。
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引用次数: 1
An Integrated Economic Sociology Approach to Market-as-Network: The Example of a Shared Business Environment between Norway and China 市场作为网络的综合经济社会学方法:以挪威和中国共享的商业环境为例
IF 1.5 Q2 Social Sciences Pub Date : 2021-06-24 DOI: 10.1080/10669868.2021.1937440
C. M. Cordeiro, Gøril Voldnes
Abstract This study applies an economic sociology perspective in exploring the importance of cultural embeddedness of firm economic activities across borders. The findings are data driven and uses the seafood trade and its shared business environments between Norway and China as case example. The empirical findings of this study show that market-as-network, and actor-to-actor interrelationships will become increasingly important in forming resilient business networks. It also illustrates how economic sociology can provide a holistic framework of analysis in studying cultural embeddedness.
摘要本研究运用经济社会学的视角来探讨企业跨国经济活动的文化嵌入性的重要性。这些发现是数据驱动的,并以挪威和中国之间的海鲜贸易及其共享的商业环境为例。本研究的实证结果表明,市场作为网络,以及参与者与参与者之间的相互关系在形成弹性商业网络方面将变得越来越重要。它还说明了经济社会学如何在研究文化嵌入性时提供一个整体的分析框架。
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引用次数: 1
Country Institutional Environments in Promoting Entrepreneurship: Assessment Based on Developing Economies in Asia 促进创业的国家制度环境:基于亚洲发展中经济体的评估
IF 1.5 Q2 Social Sciences Pub Date : 2021-05-13 DOI: 10.1080/10669868.2021.1921895
T. C. Chew, Tarun Kanti Bose, Yaoyao Fan
Abstract Previous studies have shown that institutional environments play an important role in explaining entrepreneurship in a given country. Yet, most of the extant studies focus on samples derived from developed-economies. While some attentions have been given to countries in developing economies, the focus was mainly on a few rapidly developing countries whereas others remain largely under-explored. Moreover, developing countries in the Asian region provides a compelling context to be studied as it espouses different institutional logics. To address these issues, we assess the perceptions of the regulatory, cognitive, and normative institutional dimensions that may promote entrepreneurship in a sample of 701 business students from three Asian’s developing economies: Malaysia, Bangladesh, and China. In general, the overall institutional environments level for Malaysia and China are perceived as favorable for entrepreneurship whereas Bangladesh is perceived as relatively less favorable for entrepreneurship. Moreover, results suggest that there are significant differences in the country’s institutional environments between Bangladesh and Malaysia, as well as between Bangladesh and China. These results revealed important cross-national differences and invariance between the three countries in the same Asian region. Implications for future research and practice are discussed.
摘要先前的研究表明,制度环境在解释特定国家的创业精神方面发挥着重要作用。然而,大多数现存的研究都集中在发达经济体的样本上。虽然对发展中经济体的国家给予了一些关注,但重点主要放在少数快速发展的国家,而其他国家在很大程度上仍处于探索不足的状态。此外,亚洲地区的发展中国家提供了一个令人信服的研究背景,因为它支持不同的制度逻辑。为了解决这些问题,我们对来自三个亚洲发展中经济体(马来西亚、孟加拉国和中国)的701名商学院学生的样本进行了评估,这些学生对可能促进创业的监管、认知和规范制度层面的看法。总体而言,马来西亚和中国的总体制度环境水平被认为有利于创业,而孟加拉国则被认为相对不太利于创业。此外,研究结果表明,孟加拉国和马来西亚以及孟加拉国和中国的制度环境存在显著差异。这些结果揭示了同一亚洲地区的三个国家之间重要的跨国家差异和不变性。讨论了对未来研究和实践的启示。
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引用次数: 0
Is the Use of Integrated Performance Measurement System by Banks Really “Integrated”? A Structural Equation Modeling Approach 银行使用综合绩效衡量系统真的是“综合”的吗?一种结构方程建模方法
IF 1.5 Q2 Social Sciences Pub Date : 2021-03-14 DOI: 10.1080/10669868.2021.1892008
B. Oyewo, Rabiu Onaolapo Olowo, Alero Obanor
Abstract This paper investigates the implementation of integrated performance measurement (IPM) system, the extent of integration among four performance measures proposed by the balanced scorecard as an IPM framework (namely financial, customer, internal business process, and learning and growth perspectives) and the impact of non-financial disclosure on financial performance. The study employed ex post facto research design. A self-designed disclosure checklist containing forty-eight (48) items across financial (18), customer (18), internal business (4), and learning and growth (8) perspectives was used to analyze performance disclosure for a 3-year period of 2012–2014. Structural equation modeling was used to explore the interaction among the performance measures, as well as the impact of non-financial disclosure on financial performance post-IPM implementation. The study concludes that banks do not adopt an integrative approach to performance measurement and disclosure, as performance appears to be communicated in a haphazard manner. Failure to embrace an integrative approach to performance disclosure appears to be responsible for the low impact of non-financial disclosure on financial performance. The originality of the current study stems from the awareness that it developed a disclosure checklist that can be used by other studies to assess the quality of performance disclosure in annual reports. To the researchers’ knowledge, the study is the first, in the Nigerian context, to assess the level of integration among performance measures in an IPM system using secondary data. The excessive focus on the financial measures implies that firms are not leveraging on the synergistic benefits of an integrative approach to performance measurement and disclosure.
摘要本文研究了综合绩效衡量(IPM)体系的实施,平衡计分卡作为IPM框架提出的四个绩效衡量指标(即财务、客户、内部业务流程和学习与成长视角)之间的整合程度,以及非财务披露对财务绩效的影响。本研究采用事后研究设计。采用自行设计的包含48个项目的披露清单,从财务(18)、客户(18)、内部业务(4)和学习与成长(8)的角度分析了2012-2014年3年期间的绩效披露。采用结构方程模型探讨绩效指标之间的相互作用,以及实施ipm后非财务披露对财务绩效的影响。该研究的结论是,银行没有采用一种综合的方法来衡量业绩和披露业绩,因为业绩似乎是以一种随意的方式传达的。未能采用综合方法进行业绩披露似乎是造成非财务披露对财务业绩影响较低的原因。本研究报告的独创性在于认识到它制定了一份披露清单,其他研究可以利用这份清单来评价年度报告中业绩披露的质量。据这组科学家所知,这项研究是在尼日利亚的背景下,第一次利用二手数据评估IPM系统中绩效指标之间的整合水平。对财务指标的过度关注意味着企业没有利用综合绩效衡量和披露方法的协同效益。
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引用次数: 5
Top Management Team Characteristics and Performance of Banks in Russia 俄罗斯银行高层管理团队特征与绩效
IF 1.5 Q2 Social Sciences Pub Date : 2021-03-09 DOI: 10.1080/10669868.2021.1895947
Elena Prosvirkina, B. Wolfs
Abstract This article explores the influence of top management team (TMT) characteristics on the performance of banks in Russia. Empirical research is based on both primary and secondary data of 178 banks. The study contributes to advancing research on upper echelon theory. The study’s results suggest that some top management characteristics have positive influence on the performance of banks, while others either negative or neutral. It was proven that percentage of Ph.D. holders in TMT and heterogeneity of functional expertise positively influence financial results of banks. In addition, CEO duality and gender heterogeneity have a negative effect on financial results of banks in Russia. Other TMT characteristics have no influence on banks performance (ROA, ROE and ROI).
摘要本文探讨了高管团队特征对俄罗斯银行绩效的影响。实证研究基于178家银行的一级和二级数据。该研究有助于推进上层理论的研究。研究结果表明,一些高管特征对银行绩效有积极影响,而另一些则是消极或中性的。研究表明,TMT博士学位持有者的比例和职能专业知识的异质性对银行的财务业绩有积极影响。此外,CEO二元性和性别异质性对俄罗斯银行的财务业绩产生了负面影响。TMT的其他特征对银行业绩(ROA、ROE和ROI)没有影响。
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引用次数: 4
Regional HRM Trends in Private and Public Sectors: A Comparative Approach 私营部门和公共部门的区域人力资源管理趋势:一种比较方法
IF 1.5 Q2 Social Sciences Pub Date : 2021-02-11 DOI: 10.1080/10669868.2021.1881018
József Poór, D. Jepsen, Boróka Viktória Musztyné Bátfai, Z. Pótó, Klára Veresné Valentinyi, Zsuzsa Karoliny
This study analyses the similarities (convergence) and differences (divergence) in human resource (HR) practices in the private and public sectors in 32 countries over a 12 year period. The paper starts with New Public Management (NPM) overview and its critiques and then discusses HR convergence, divergence and cross-vergence tendencies. Using the Cranet database of HR practitioner-employee ratio, performance appraisal systems use and application, unionization levels and training days metrics, analysis focuses on the three groupings of NPM countries, Central and Eastern European countries and all other countries. The hypothesis that HR practices of private and public sectors differ less in NPM countries than in the other two groups of countries is partially supported. ARTICLE HISTORY Received 3 May 2020 Accepted 20 January 2021
本研究分析了32个国家在12年期间私营和公共部门人力资源实践的相似(趋同)和差异(分歧)。本文从新公共管理的概述和批评入手,讨论了人力资源趋同、分化和交叉趋同的趋势。利用Cranet数据库的人力资源从业人员与员工比例、绩效评估系统的使用和应用、工会化水平和培训天数指标,重点分析了NPM国家、中东欧国家和所有其他国家的三组。与其他两组国家相比,新计划国家私营和公共部门的人力资源实践差异较小的假设得到了部分支持。收稿日期2020年5月3日接收日期2021年1月20日
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引用次数: 4
期刊
Journal of East-West Business
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