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Do Customers Adopt Auto Ijarah Financing? The Case of Pakistan 客户会采用汽车贷款吗?巴基斯坦的案例
IF 1 Q4 MANAGEMENT Pub Date : 2021-12-01 DOI: 10.21315/aamj2021.26.2.4
Syed Ali Raza, Bushra Umer, Muhammad Ali, Muhammad Ashfaq
The present study examines the factors affecting customer intention to use auto financing (ijarah) in Pakistan. The research framework is constructed based on the theory of reasoned action, which explains behavioural intention and its determinants. The study incorporates the participation of 350 potential customers of auto ijarah in Pakistan. Data analysis was conducted with structural equation modelling (SEM), assessing the measurement, and structural model. The outcome indicates that attitude, perceived cost benefits, Sharia compliance, religious orientation, and subjective norm are the significant predictors of customer intentions. We also found a statistically insignificant association between awareness and customer intentions. The results hold significance for the Islamic banking and financial service providers. This study provides a comprehensive understanding of the factors that contribute to the adoption of auto ijarah among potential Islamic bank customers.
本研究考察了影响巴基斯坦客户使用汽车融资意愿的因素。该研究框架是基于理性行动理论构建的,该理论解释了行为意图及其决定因素。这项研究包括350名巴基斯坦汽车公司潜在客户的参与。数据分析采用结构方程建模(SEM)、评估测量和结构模型进行。结果表明,态度、感知成本效益、Sharia合规性、宗教取向和主观规范是客户意向的重要预测因素。我们还发现,在意识和客户意图之间存在统计上不显著的关联。研究结果对伊斯兰银行和金融服务提供商具有重要意义。这项研究提供了对潜在伊斯兰银行客户采用auto ijarah的因素的全面了解。
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引用次数: 2
Talent Retention: A Mediator of the Relationship Between Talent Management Strategies and Succession Planning 人才保留:人才管理策略与继任计划关系的中介
IF 1 Q4 MANAGEMENT Pub Date : 2021-12-01 DOI: 10.21315/aamj2021.26.2.6
Poonam Jindal, Mohsin Shaikh
Succession planning is becoming a focus point for discussion in business world as very few organisations are prepared with their successors for occupying the position as and when it is needed. With special reference to Indian pharmaceutical companies, where talent is critical and rare in nature, this becomes a more crucial requirement. This paper, by integrating theory of Internal Labour Market (ILM), deals with the relationship among talent identification (TID), talent development (TD), talent retention (TR), and succession planning in Indian pharmaceutical companies. A survey method was used for collecting the response of senior level managers of pharmaceutical companies located in Hyderabad, India, and the hypothetical model and structural relationships were tested via structural equation modelling (SEM). The findings of the research present that TR plays a role of mediator in the relationship of TID, TD and succession planning in organisations. This study helps pharmaceutical companies to be future ready for succession planning by using their regular talent management strategies skilfully. This study beautifully develops an empirical relationship between TID, TD, and succession planning with the mediating effect of TR. Research also brings out the theoretical importance of ILM theory. This, as per best of researchers’ knowledge, was not presented in earlier research on talent management or on succession planning.
继任规划正成为商界讨论的焦点,因为很少有组织准备好在需要时让继任者担任该职位。特别是印度制药公司,在那里,人才至关重要,而且稀缺,这成为一个更重要的要求。本文结合内部劳动力市场(ILM)理论,研究了印度制药公司的人才识别(TID)、人才发展(TD)、人才保留(TR)和继任计划之间的关系。采用调查方法收集了印度海得拉巴制药公司高级管理人员的回答,并通过结构方程模型(SEM)测试了假设模型和结构关系。研究结果表明,TR在组织中TID、TD和继任计划的关系中起着中介作用。这项研究有助于制药公司通过熟练地使用常规人才管理策略,为未来的继任计划做好准备。本研究在TR的中介作用下,很好地发展了TID、TD和继任计划之间的经验关系。研究也表明了ILM理论的理论重要性。据研究人员所知,这一点在早期的人才管理或继任计划研究中没有出现。
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引用次数: 0
Earnings Management and New Listings: Evidence from Vietnam 盈余管理与新股上市:来自越南的证据
IF 1 Q4 MANAGEMENT Pub Date : 2021-12-01 DOI: 10.21315/aamj2021.26.2.2
Anh Huu Nguyen, Chi Thi Duong
Earnings management around corporate events has been widely discussed in literature review which has shown mixed results. Furthermore, prior studies have extensively focused on earnings management around initial public offerings (IPOs) and seasoned equity offerings (SEOs), while less attention has been given to the listing event. Another motivation comes from the context of the undeveloped market. While earnings management has been widely discussed in developed countries, it is still limited in emerging countries in general and in Vietnam in particular, due to the lack of research on this phenomenon and the unique institutional feature and pre-listing profit requirement in Vietnam’s stock market. This research is conducted to investigate the earnings management behaviour around listing event in Vietnam. The sample of this study consists of financial data from 189 newly listed companies on the Ho Chi Minh City Stock Exchange (HOSE) for the period of 2009–2017. Four cross-sectional models were used to estimate earnings management, including two total accruals-based models and two current accruals-based models. This research makes important contributions to the body of literature on Vietnam’s stock market. First, this study provides empirical evidence suggesting a greater positive earnings management practice of newly listed firms in current accrual models than those in total accrual models. Second, the results from both parametric and non-parametric test statistics show that HOSE-listed firms present higher levels of earnings management in the year prior to the listing than those in post-listing year and two subsequent years after listing. Finally, new listing requirements in 2012 require the company’s return on equity (ROE) in the most recent year to be at least 5%. However, the paper finds no evidence to suggest that relative to all newly listed firms after the new profit requirement exhibit greater positive earnings management than that of firms listed before the change in pre-listing year.
围绕企业事件的盈余管理在文献综述中得到了广泛讨论,结果喜忧参半。此外,先前的研究广泛关注首次公开募股(IPO)和经验丰富的股票发行(SEO)的盈余管理,而对上市事件的关注较少。另一个动机来自未开发市场的背景。尽管盈余管理在发达国家已经得到了广泛的讨论,但由于缺乏对这一现象的研究,以及越南股市独特的制度特征和上市前利润要求,盈余管理在新兴国家尤其是越南仍然受到限制。本研究旨在调查越南上市事件前后的盈余管理行为。本研究的样本包括胡志明市证券交易所(HOSE)189家新上市公司2009-2017年的财务数据。四个横截面模型用于估计盈余管理,包括两个基于总应计项目的模型和两个基于当期应计项目模型。本研究对越南股票市场的研究有重要贡献。首先,本研究提供的实证证据表明,与总应计模型相比,当前应计模型中的新上市公司的盈余管理实践更为积极。其次,参数和非参数检验统计结果表明,HOSE上市公司在上市前一年的盈余管理水平高于上市后一年和上市后两年。最后,2012年新的上市要求要求公司最近一年的股本回报率至少为5%。然而,本文没有发现任何证据表明,相对于所有新上市公司,新利润要求后的公司比上市前一年变化前的公司表现出更大的积极盈余管理。
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引用次数: 5
Transformational Leadership Versus Shared Leadership for Team Effectiveness 变革型领导与共享型领导的团队效率
IF 1 Q4 MANAGEMENT Pub Date : 2021-12-01 DOI: 10.21315/aamj2021.26.2.7
Thi Bich Hanh Tran, Anh Dung Vu
This study aims at investigating the effect of transformational leadership and shared leadership on dimensions of team effectiveness and the mediating role of teamwork orientation. The data were collected from members of working teams in companies of different fields in Vietnam. The results show that both transformational leadership and shared leadership are significantly associated to team effectiveness including team performance, quality of team experience, and team viability. The effects of transformational leadership are more robust compared to those of shared leadership while both leadership styles are dramatically relevant to team viability. In addition, teamwork orientation serves as a significant partial mediator in the relationship between transformational leadership, shared leadership, and dimensions of team effectiveness. The study is an early research in evaluating the effect of transformational leadership and shared leadership on three dimensions of team effectiveness, namely team performance, quality of team experience, and team viability. It is also the very first to explore the mediating role of teamwork orientation in the effect of leadership approaches on components of team effectiveness. The study offers interesting empirical evidence of an under-researched Asian emerging economy – Vietnam – so providing practical implications for companies in Vietnamese context in particular and similar Asian economies.
本研究旨在探讨变革型领导和共享型领导对团队效能各维度的影响,以及团队导向的中介作用。这些数据是从越南不同领域公司的工作小组成员中收集的。结果表明,变革型领导和共享型领导对团队效能(包括团队绩效、团队经验质量和团队生存力)均有显著影响。变革型领导的效果比共享型领导更强,而两种领导风格都与团队生存能力显著相关。此外,团队导向在变革型领导、共享型领导与团队效能维度之间的关系中起着显著的部分中介作用。本研究是早期评估变革型领导和共享型领导对团队绩效、团队经验质量和团队生存力三个团队有效性维度影响的研究。本研究也首次探讨了团队导向在领导方式对团队效能成分影响中的中介作用。该研究提供了一个研究不足的亚洲新兴经济体——越南——的有趣的经验证据,因此为越南背景下的公司以及类似的亚洲经济体提供了实际意义。
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引用次数: 1
The Effect of Corporate Social Responsibility and Board Gender Diversity on Bankruptcy: Evidence from Korea 企业社会责任和董事会性别差异对破产的影响——来自韩国的证据
IF 1 Q4 MANAGEMENT Pub Date : 2021-12-01 DOI: 10.21315/aamj2021.26.2.3
Hyun-Jung Nam, Yohan An
This study investigates whether corporate social responsibility (CSR) activities and board gender diversity affect bankruptcy. The core issue focuses on the moderating effect between CSR activities and board gender diversity on bankruptcy. Using 4,654 firmyear observations from a sample of 581 non-financial firms listed on the Korean Stock Exchange over the period 2009–2017, we employ the fixed effect estimation and two-way fixed effect estimation of panel analysis to control endogenous. We find firms engaging more in CSR activities reduce the level of bankruptcy, but board gender diversity does not reduce the level of bankruptcy due to tiny portion of female director in the boardroom. The moderating effect on the relationship between CSR activities and board gender diversity reduce the level of bankruptcy. This result indicates that the influence of female directors on the boards of Korean listed firms is not yet strong but board gender diversity with good CSR activities positively operate to reduce the level of bankruptcy.
本研究探讨企业社会责任(CSR)活动和董事会性别多样性是否影响破产。核心问题是企业社会责任活动和董事会性别多样性对企业破产的调节作用。利用2009-2017年在韩国证券交易所上市的581家非金融公司样本的4654个公司年观察结果,我们采用面板分析的固定效应估计和双向固定效应估计来控制内生效应。我们发现参与企业社会责任活动较多的公司降低了破产水平,但董事会性别多样性并没有降低破产水平,因为董事会中女性董事的比例很小。企业社会责任活动与董事会性别多样性之间的调节效应降低了企业破产水平。这一结果表明,女性董事对韩国上市公司董事会的影响力尚不强,但良好的企业社会责任活动的董事会性别多样性对降低破产水平起着积极的作用。
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引用次数: 3
Exploring Strategic Choices of Airlines: A Study in Turkish Air Transport Industry 探索航空公司的战略选择:土耳其航空运输业的研究
IF 1 Q4 MANAGEMENT Pub Date : 2021-12-01 DOI: 10.21315/aamj2021.26.2.1
Hüseyin Önder Aldemir, Ferhan Kuyucak Şengür, İbrahim Cemil Ulukan
Inter-firm competition in the field of aviation, which accelerates through liberalisation and globalisation trends, has been investigated by numerous studies in the post-deregulation era; however, it has not been adequately addressed in Turkish aviation market. The aim of this study is to unveil the business strategies and strategic typologies of Turkish passenger carriers, as well as the degree of involvement of firms in the strategic planning process, the current outlook, and the competitive structure of the Turkish passenger air transport industry. The research is designed in a way to collect data through interviews with senior executives of the airlines. In terms of findings, the study concludes that five scheduled airlines and three charter airlines have attempted to implement more than one generic strategy at the same time as an “integrated cost and differentiation strategy,” with the primary strategy being cost leadership. Moreover, the passenger carriers in question displayed the features of “analysers-defenders” mainly linked to the competitive typology viewpoint. This study is believed to lead to a deeper understanding of potential explanations why companies have made specific strategic choices regarding generic strategies and strategic approaches. Regulators, individual companies operating in the aviation industry and prospective companies, investors, etc. can use the results of the study to regulate the market, better understand their competitors, set their priorities and plans, evaluate, and assess the market.
航空领域的公司间竞争通过自由化和全球化趋势而加速,在后放松管制时代,许多研究都对其进行了调查;然而,土耳其航空市场并没有充分解决这一问题。本研究的目的是揭示土耳其客运公司的商业战略和战略类型,以及公司参与战略规划过程的程度、当前前景和土耳其客运航空运输业的竞争结构。这项研究旨在通过采访航空公司高管来收集数据。就调查结果而言,该研究得出结论,五家定期航空公司和三家包机航空公司试图在实施“综合成本和差异化战略”的同时实施一项以上的通用战略,主要战略是成本领先。此外,有关客运公司表现出“分析者-捍卫者”的特征,主要与竞争类型论观点有关。这项研究被认为有助于更深入地理解为什么公司在通用战略和战略方法方面做出了具体的战略选择。监管机构、航空业运营的个别公司以及潜在公司、投资者等可以利用研究结果来监管市场,更好地了解其竞争对手,制定其优先事项和计划,评估和评估市场。
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引用次数: 2
The Mediating Roles of GDP on the Relationship Between Income Inequality and Life Expectancy GDP在收入不平等与预期寿命关系中的中介作用
IF 1 Q4 MANAGEMENT Pub Date : 2021-12-01 DOI: 10.21315/aamj2021.26.2.5
Chia-Chang Chuang
This study examined the mediation effect of gross domestic product (GDP) on the relationship between life expectancy and income inequality based on data from 23 Organisation for Economic Co-operation and Development (OECD) countries for 2004 through 2014. To form a theoretical framework, Preston curve and Kuznets curve were employed. The study set up a mediation model with life expectancy as an outcome variable, GDP as a mediator variable, and three variables characterising income inequality as predictor variables: Gini index, income share held by highest 20%, and poverty headcount ratio at US$1.90 a day. The study found that GDP clearly mediates the effects of the predictor variables on life expectancy, although the magnitudes of the effects vary. This study takes an important initial step in exploring the mediation effect of GDP on the relationship between life expectancy and income inequality.
本研究基于经济合作与发展组织(OECD)23个国家2004年至2014年的数据,考察了国内生产总值(GDP)对预期寿命和收入不平等之间关系的中介作用。为了形成理论框架,采用了普雷斯顿曲线和库兹涅茨曲线。该研究建立了一个中介模型,将预期寿命作为结果变量,GDP作为中介变量,并将收入不平等的三个变量作为预测变量:基尼指数、最高20%的收入份额和每天1.90美元的贫困人口比例。研究发现,GDP显然介导了预测变量对预期寿命的影响,尽管影响的程度各不相同。这项研究为探索GDP对预期寿命和收入不平等之间关系的中介作用迈出了重要的第一步。
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引用次数: 0
Competitiveness of International Airports Production Infrastructure in Global Air Transportation Market: Comprehensive Situational Model 国际机场生产基础设施在全球航空运输市场中的竞争力:综合情景模型
IF 1 Q4 MANAGEMENT Pub Date : 2021-12-01 DOI: 10.21315/aamj2021.26.2.8
Kateryna Sydorenko, Oleksandr Sydorenko, Olena Lozhachevska, Olha Pashchenko
The article summarises the essence of airport infrastructure and explores the roles of production airport infrastructure in the world air transport system. It is noted that airport infrastructure is a complex dynamic subsystem of global production infrastructure of the world economy and is aimed at providing competitive air transportation services. It is substantiated that the competitive production infrastructure of international airports is a key element of the economic development of countries in the world economy. In particular, reliable airport infrastructure is one of the key factors in increasing the countries capacity for real economic growth, both in the short and long term. Generalised and systematic views of scientists have led to the conclusion that today there is no single universally accepted methodology that would comprehensively explore and evaluate the competitiveness of the airport's infrasystem, and identify its strengths and weaknesses. Therefore, this study aims to develop and substantiate the methodology for assessing the level of competitiveness of the production infrastructure of international airports in the global aviation market. The proposed methodological approach makes it possible to provide a practical assessment of the competitiveness of the airport's infrasystem, taking into account the wide range of indicators, converted through a fuzzy linguistic approach. It should be noted that the main purpose of creating and implementing an evaluation system is to facilitate the successful implementation of the competitiveness management functions of the production infrastructure of international airports in the global aviation market. The developed model may be used by international aviation organisations and governments in the process of strategic planning of the air transport development.
本文总结了机场基础设施的本质,探讨了生产性机场基础设施在世界航空运输体系中的作用。报告指出,机场基础设施是世界经济全球生产基础设施的一个复杂的动态子系统,其目的是提供具有竞争力的航空运输服务。事实证明,国际机场具有竞争力的生产基础设施是世界经济中各国经济发展的一个关键因素。特别是,可靠的机场基础设施是提高国家短期和长期实际经济增长能力的关键因素之一。科学家的综合和系统观点得出的结论是,今天没有一种普遍接受的方法可以全面探索和评估机场基础设施的竞争力,并确定其优势和劣势。因此,本研究旨在发展和证实评估国际机场生产基础设施在全球航空市场上的竞争力水平的方法。拟议的方法方法可以对机场基础设施的竞争力进行实际评估,同时考虑到通过模糊语言方法转换的各种指标。应当指出,建立和实施评价制度的主要目的是促进国际机场生产基础设施在全球航空市场上的竞争力管理职能的成功执行。所开发的模型可供国际航空组织和各国政府在航空运输发展的战略规划过程中使用。
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引用次数: 1
Evidence for mediating role of affective commitment on green human resource management and organisational citizenship behaviour 情感承诺对绿色人力资源管理和组织公民行为中介作用的证据
IF 1 Q4 MANAGEMENT Pub Date : 2021-06-04 DOI: 10.21315/AAMJ2021.26.1.5
Kusi Manita, Fuqiang Zhao, Rasoanirina Maroy Prisca
Exploring management fields in terms of green policies is essential to create a footprint on today’s global corporate world; it is very important for all staff, employers, stakeholders, and other customers. This work attempts to study the relationship between the management of green human resources and the actions of organisational citizenship with the mediating role of affective commitment. The analysis relied on the emerging theory of abilitymotivation-opportunity (AMO) to use all the green human resource management (GHRM) attributes. Well renowned secondary school of Kathmandu Valley staff participated in the data collection. Three hundred and fifty fully-filled questionnaires were returned through a self-structured sampling tool. Staff having academic qualifications of at least graduate degrees were preferred for better understanding and effective data quality. A widely used PLS-SEM method was applied to analyse small sample-sized studies and ensures the normal distribution of data. The research highlights the GHRM method and its effect on the engagement of workers to their actions in the organisation. In addition, concerning GHRM and organisational citizenship behaviour (OCB), affective commitment (AC) has formed a mediating role. Only secondary schools are included in the study; the outcome is a fruitful review of the effects of GHRM implementation in the education sector. Numerous studies have reconnoitered various variables to link the GHRM with the organisational studies. The complementary partial mediation effect of AC to OCB is an attempt of showing Manita Kusi, Fuqiang Zhao, and Maroy Prisca Rasoanirina 114 novelty in the field of education sector in the study. The study suggests a globalised study regarding GHRM for future endeavours.
从环保政策的角度探索管理领域,对于在当今的全球企业界留下足迹至关重要;这对所有员工、雇主、利益相关者和其他客户都非常重要。本研究试图在情感承诺的中介作用下,研究绿色人力资源管理与组织公民行为之间的关系。该分析基于能力-激励-机会(AMO)理论,运用绿色人力资源管理的所有属性。加德满都谷地著名中学的工作人员参与了数据收集。通过自结构抽样工具返回了350份完整填写的问卷。为了更好地理解和提高数据质量,优先考虑具有至少研究生学位的学历的工作人员。采用广泛使用的PLS-SEM方法分析小样本研究,确保数据的正态分布。该研究强调了GHRM方法及其对员工参与组织行动的影响。此外,在GHRM与组织公民行为(OCB)之间,情感承诺(AC)形成了中介作用。这项研究只包括中学;其结果是对教育部门实施GHRM的效果进行了富有成效的审查。许多研究发现了各种变量,将GHRM与组织研究联系起来。交流对组织行为的互补部分中介效应是本研究对Manita Kusi、Fuqiang Zhao和Maroy Prisca Rasoanirina(114)在教育领域的新颖性的尝试。该研究建议为未来的努力进行关于GHRM的全球化研究。
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引用次数: 6
Outward FDI and its implication on Indonesian domestic investment 对外直接投资及其对印尼国内投资的影响
IF 1 Q4 MANAGEMENT Pub Date : 2021-06-04 DOI: 10.21315/AAMJ2021.26.1.6
Gondo Tutik Wiryanti, Masron Tajul Ariffin, Ibrahim Haslindar, N. Hadiyan
Since becoming a democratic country in the late 1990s, Indonesia has been changing into a more promising countries with a remarkable reduction in poverty by more than 50% during the last decade. To achieve a developed or high-income country, Indonesia must grow by 8% to 9% annually with huge investment is needed in every sector, ranging from infrastructure to human development in the digital era. Apart from strengthening tax revenue collection, Indonesian government must also investigate the role of outward foreign direct investment (OFDI) that potentially affects domestic investment in the negative way. Hence, it is the objective of this study to examine the impact of OFDI on Indonesian domestic investment for the period between 1980 and 2018. By applying vector error correction model, we observe that OFDI has significant adverse effect on domestic investment. With current inflows of foreign direct investment (FDI) has also never reached to the level prior to the 1997 economic crisis, discouraging the outflows of FDI could be a desirable strategy.
自20世纪90年代末成为民主国家以来,印度尼西亚一直在转变为一个更有希望的国家,在过去十年中,贫困人口显著减少了50%以上。要想成为一个发达国家或高收入国家,印尼必须以每年8%至9%的速度增长,从基础设施到数字时代的人类发展,每个部门都需要巨额投资。除了加强税收征收,印尼政府还必须调查对外直接投资(OFDI)对国内投资的潜在负面影响。因此,本研究的目的是考察1980年至2018年间对外直接投资对印尼国内投资的影响。运用向量误差修正模型,我们发现对外直接投资对国内投资具有显著的不利影响。由于目前外国直接投资的流入也从未达到1997年经济危机之前的水平,阻止外国直接投资外流可能是一项可取的战略。
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引用次数: 1
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Asian Academy of Management Journal
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