Future Business Journal最新文献

The objectives of this study are to (i) examine the relationship between accounting conservatism and climate-related risk disclosure (CRRD) in the context of Egypt, and (ii) look into the moderating role of earnings quality (EQ) in such a relationship. To operationalize CRRD reported by Egyptian firms listed in the SP/EGX ESG index across the years from 2018 to 2022, the study uses a manual content analysis as a base for analysis and employs two (OLS) regression models to test the study’ hypotheses. EQ is measured using the cross-sectional modified Jones model, while accounting conservatism is gauged using the C-Score. Additionally, endogeneity checks in robustness tests are performed using system GMM. The findings show no impact of CRRD on the conservative accounting practices of Egyptian firms. However, there is a sizable adverse effect when EQ is used to moderate this association. This finding is consistent with the notion that firms report high levels of climate impacts and have fewer information asymmetry issues. This paper extends disclosure indexes by highlighting the frequent keywords of CRRD used in the annual narrative reports of Egyptian firms. Hence, this study is among the first to explore the moderation impact of EQ on the relationship between CRRD and accounting conservatism in the Egyptian setting.

The tourism and hospitality industries are experiencing transformative shifts driven by the proliferation of digital technologies facilitating real-time customer communication and data collection. This evolution towards customer value co-creation demands a paradigm shift in management attitudes and the adoption of cutting-edge technologies like artificial intelligence (AI) and the Metaverse. A systematic literature review using the PRISMA method investigated the impact of customer value co-creation through the digital age on the tourism and hospitality sector. The primary objective of this review was to examine 27 relevant studies published between 2012 and 2022. Findings reveal that digital technologies, especially AI, Metaverse, and related innovations, significantly enhance value co-creation by allowing for more personalized, immersive, and efficient tourist experiences. Academic insights show the exploration of technology’s role in enhancing travel experiences and ethical concerns, while from a managerial perspective, AI and digital tools can drive industry success through improved customer interactions. As a groundwork for progressive research, the study pinpoints three pivotal focal areas for upcoming inquiries: technological, academic, and managerial. These avenues offer exciting prospects for advancing knowledge and practices, paving the way for transformative changes in the tourism and hospitality sectors.

An important fact related to mobile payments is that adopters have already reached the majority group in more than 40 countries. Despite the growth of mobile payments, only a small portion of the related literature has focused on the topic from an organizational point of view. To fill this gap, this paper seeks to identify the main success determinants of firms operating in the segment, looking for relevant characteristics of organizations that are successful in this competitive arena. The investigation carried out a triangulation with the results of a literature review, a case study, and the answers given by a questionnaire applied to a group of specialists from private organizations and the public sector. The results suggest that companies with organic and flexible structures, open communication qualities, and decentralized decision processes increase their chances of success. Furthermore, the results also show that, given non-impeditive regulations, critical mass and the provision of different services other than the payment choice should be considered by firms operating in the mobile payment segment.

Graphical Abstract

This study examines the role of women included in governance system in explaining the impact of dividend policy framework on the risk-taking of banks, using a panel dataset of 52 African countries over the period, 2006–2020. The empirical outcome confirms that independent women on the board has a lower probability of paying dividend, reduce dividend yield and induce less risk-taking of banks while women in country-level governance position seek to protect the interest of shareholders and subsequently increase the likelihood of dividend payments and risk-taking of banks. The study found that banks that pay dividends face stricter market discipline, which in turn reduces banks' risk-taking. The study found that dividend policy framework generally acts as a complement for risk-taking when independent women are included in corporate boards while it acts as a substitute control device for banks’ risk-taking when women are included in country-level governance positions. Based on the net effects, the study found robust and strong evidence to support that the dividend policy framework reduces the risk-taking at higher level of women included in governance system.

Banks are the engine of the economy. Therefore, bank performance has a direct impact on the development and security of the entire economy. The main source of income for commercial banks comes from lending and capital mobilization activity. Competition in the banking industry is increasingly fierce, not only among domestic banks but also with foreign banks. Thus, banks are trying to diversify their income sources, especially from non-interest activity. Most previous studies study the relationship between the bank's income diversification and the increase in the proportion of income from non-interest products and services. However, the relationship between income diversification and bank scale has not been studied as much. This paper examines the relationship between income diversification and commercial bank size in Vietnam. The study applies a panel data regression model with a sample of 23 commercial banks in Vietnam in the period 2012–2020, using the generalized least squares method to overcome variable variance and autocorrelation in the research model. Our results show that bank size has a positive impact on the degree of income diversification. At the same time, size has a larger impact on income diversification at large banks than small banks. Therefore, smaller banks need to concentrate on developing modern technology systems as well as improving the quality of personnel and operating experience rather than investing in new products and services. Further research may expand to include commercial banks of countries or regions in order to get a deeper look at the impact of size and some economic factors on income diversification.

Enterprise architecture (EA) is a discipline that is becoming increasingly important for businesses that are undergoing digital transformation. EA encompasses the practice of designing and managing the entire architecture of an organization, including its business processes, information systems, and technology infrastructure. In this paper, we will explore the main objectives of EA in digital transformation and the ways in which EA can help businesses achieve their digital transformation goals. Enterprise architects can use MicroServices technology to enable digital transformation by designing the MicroServices architecture, establishing best practices and standards, supporting tools such as DevOps, aligning with the enterprise's cloud strategy, and enabling data integration. Decision makers can use enterprise architecture with MicroServices to make digital transformation by leveraging the benefits of MicroServices architecture to achieve their digital transformation goals.