Pub Date : 2025-03-01DOI: 10.1016/j.apmrv.2025.100357
Chadia Sawaya, Nada Jabbour Al Maalouf, Raed Hanoun, Mabelle Rakwi
This study examines the impact of auditor independence, auditor expertise, and auditor industry experience on financial reporting quality. A quantitative method was employed and a survey was sent to a sample of 203 auditors. The findings revealed a significant positive relationship between auditor independence and financial reporting quality. This suggests that when auditors maintain independence and objectivity in their engagements, the accuracy and reliability of financial reporting are enhanced. Furthermore, the findings revealed that the expertise of auditors plays a vital role in ensuring compliance with accounting standards and ethical principles, thereby improving the quality of financial reporting. Additionally, the findings showed that auditors with industry-specific knowledge and expertise are better equipped to understand the unique challenges and opportunities within different sectors, leading to better financial reporting quality. This study is significant, as it contributes to the auditing literature by providing insights into the context of Lebanon, a nation grappling with economic and governance challenges, and underscores the pivotal role of auditors in upholding financial integrity in such turbulent environments.
{"title":"Impact of auditor independence, expertise, and industry experience on financial reporting quality","authors":"Chadia Sawaya, Nada Jabbour Al Maalouf, Raed Hanoun, Mabelle Rakwi","doi":"10.1016/j.apmrv.2025.100357","DOIUrl":"10.1016/j.apmrv.2025.100357","url":null,"abstract":"<div><div>This study examines the impact of auditor independence, auditor expertise, and auditor industry experience on financial reporting quality. A quantitative method was employed and a survey was sent to a sample of 203 auditors. The findings revealed a significant positive relationship between auditor independence and financial reporting quality. This suggests that when auditors maintain independence and objectivity in their engagements, the accuracy and reliability of financial reporting are enhanced. Furthermore, the findings revealed that the expertise of auditors plays a vital role in ensuring compliance with accounting standards and ethical principles, thereby improving the quality of financial reporting. Additionally, the findings showed that auditors with industry-specific knowledge and expertise are better equipped to understand the unique challenges and opportunities within different sectors, leading to better financial reporting quality. This study is significant, as it contributes to the auditing literature by providing insights into the context of Lebanon, a nation grappling with economic and governance challenges, and underscores the pivotal role of auditors in upholding financial integrity in such turbulent environments.</div></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"30 1","pages":"Article 100357"},"PeriodicalIF":5.5,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143508537","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This research aims to examine the factors influencing the adoption of ChatGPT in educational institutions in Botswana. It addresses three major gaps. The first is the lack of research on AI adoption for teaching and learning in developing countries, particularly Botswana. While AI adoption in education has been studied globally, there is little understanding of how tools such as ChatGPT and Jenni AI are perceived in this context. Second, there is a lack of research on the infrastructure and digital disparities that developing countries face when integrating AI in education, especially in rural areas. Third, the use of Unified Theory of Acceptance and Use of Technology (UTAUT) 2 in studying AI adoption in educational settings in low-resource countries remains underexplored.
This study employed a quantitative design, collecting data from 518 participants through online questionnaires using a snowball sampling technique. The data were analysed using confirmatory factor analysis in SmartPLS 3.0 software in order to ensure internal consistency and validity. The findings revealed that personal innovativeness and performance expectancy were the strongest predictors of ChatGPT adoption, while social influence and resource availability had less impact. The model explained over 50% of the variance in behavioural intention and usage behaviour.
The research highlights the need for training and infrastructure improvements to support AI adoption in Botswana's higher education. It also calls for future research using mixed methods to gain deeper insights. This study is among the first to apply UTAUT2 in this context and provides valuable findings for both scholars and practitioners looking to advance AI adoption in developing countries.
{"title":"Adoption of chatgpt in educational institutions in Botswana: A customer perspective","authors":"Indrawati , Kutlo Peace Letjani , Khaerudin Kurniawan , Saravanan Muthaiyah","doi":"10.1016/j.apmrv.2024.100346","DOIUrl":"10.1016/j.apmrv.2024.100346","url":null,"abstract":"<div><div>This research aims to examine the factors influencing the adoption of ChatGPT in educational institutions in Botswana. It addresses three major gaps. The first is the lack of research on AI adoption for teaching and learning in developing countries, particularly Botswana. While AI adoption in education has been studied globally, there is little understanding of how tools such as ChatGPT and Jenni AI are perceived in this context. Second, there is a lack of research on the infrastructure and digital disparities that developing countries face when integrating AI in education, especially in rural areas. Third, the use of Unified Theory of Acceptance and Use of Technology (UTAUT) 2 in studying AI adoption in educational settings in low-resource countries remains underexplored.</div><div>This study employed a quantitative design, collecting data from 518 participants through online questionnaires using a snowball sampling technique. The data were analysed using confirmatory factor analysis in SmartPLS 3.0 software in order to ensure internal consistency and validity. The findings revealed that personal innovativeness and performance expectancy were the strongest predictors of ChatGPT adoption, while social influence and resource availability had less impact. The model explained over 50% of the variance in behavioural intention and usage behaviour.</div><div>The research highlights the need for training and infrastructure improvements to support <span>AI</span> adoption in Botswana's higher education. It also calls for future research using mixed methods to gain deeper insights. This study is among the first to apply UTAUT2 in this context and provides valuable findings for both scholars and practitioners looking to advance AI adoption in developing countries.</div></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"30 1","pages":"Article 100346"},"PeriodicalIF":5.5,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143679074","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-03-01DOI: 10.1016/j.apmrv.2024.100349
Mochamad Nurhadi , Tatik Suryani , Abu Amar Fauzi
Although substantial evidence demonstrates the considerable impact of brand love, further investigation is necessary to examine the primary elements that influence it, specifically in cultivating a love for domestic brands among young consumers in emerging markets. To fill this gap, we propose a conceptual model based on associative network memory theory. The model suggests that brand awareness and brand image may help explain the influence of social media marketing activities on brand love. We engaged 389 young consumers actively interacting with the social media accounts of Indonesian domestic brands to evaluate our model, analyzing the data using the PLS-SEM approach. The findings indicate that engaging in social media marketing activities has a substantial impact on increasing brand love among young consumers. We also clarify the significant importance of brand awareness and brand image in increasing the influence of social media marketing activities on brand love within the young consumer segment.
{"title":"Cultivating domestic brand love through social media marketing activities: Insights from young consumers in an emerging market","authors":"Mochamad Nurhadi , Tatik Suryani , Abu Amar Fauzi","doi":"10.1016/j.apmrv.2024.100349","DOIUrl":"10.1016/j.apmrv.2024.100349","url":null,"abstract":"<div><div>Although substantial evidence demonstrates the considerable impact of brand love, further investigation is necessary to examine the primary elements that influence it, specifically in cultivating a love for domestic brands among young consumers in emerging markets. To fill this gap, we propose a conceptual model based on associative network memory theory. The model suggests that brand awareness and brand image may help explain the influence of social media marketing activities on brand love. We engaged 389 young consumers actively interacting with the social media accounts of Indonesian domestic brands to evaluate our model, analyzing the data using the PLS-SEM approach. The findings indicate that engaging in social media marketing activities has a substantial impact on increasing brand love among young consumers. We also clarify the significant importance of brand awareness and brand image in increasing the influence of social media marketing activities on brand love within the young consumer segment.</div></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"30 1","pages":"Article 100349"},"PeriodicalIF":5.5,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143679075","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-03-01DOI: 10.1016/j.apmrv.2024.11.006
Sreenu Nenavath
This study explores the intricate connections among fintech initiatives, financial regulation, and corporate financialization trends in the Indian context. There is a clear recognition of the impact of fintech on corporate finances. However, there is still a significant gap in understanding the intersection of fintech, financial regulation, and corporate financialization, particularly for Indian manufacturing companies. Our analysis is based on annual data from 2014 to 2023, with a specific focus on firms listed on the A-share market. The findings indicate that fintech initiatives have a noticeable impact on hindering corporate financialization. Nevertheless, the impact of this phenomenon is influenced by financial regulation, which has a substantial effect on either magnifying or reducing the influence of fintech. State-owned enterprises, firms in industries with lower pollution levels, and businesses situated in less marketized regions experience varying impacts from these dynamics. This study emphasizes the importance of understanding the complex impact of fintech and regulatory frameworks on corporate financial trends, particularly in developing economies such as India.
{"title":"Exploring the dynamics of fintech impact, financial regulation, and corporate financial trends: An analysis of India","authors":"Sreenu Nenavath","doi":"10.1016/j.apmrv.2024.11.006","DOIUrl":"10.1016/j.apmrv.2024.11.006","url":null,"abstract":"<div><div>This study explores the intricate connections among fintech initiatives, financial regulation, and corporate financialization trends in the Indian context. There is a clear recognition of the impact of fintech on corporate finances. However, there is still a significant gap in understanding the intersection of fintech, financial regulation, and corporate financialization, particularly for Indian manufacturing companies. Our analysis is based on annual data from 2014 to 2023, with a specific focus on firms listed on the A-share market. The findings indicate that fintech initiatives have a noticeable impact on hindering corporate financialization. Nevertheless, the impact of this phenomenon is influenced by financial regulation, which has a substantial effect on either magnifying or reducing the influence of fintech. State-owned enterprises, firms in industries with lower pollution levels, and businesses situated in less marketized regions experience varying impacts from these dynamics. This study emphasizes the importance of understanding the complex impact of fintech and regulatory frameworks on corporate financial trends, particularly in developing economies such as India.</div></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"30 1","pages":"Article 100336"},"PeriodicalIF":5.5,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143679164","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-03-01DOI: 10.1016/j.apmrv.2024.12.001
Shashi Yadav (– Research Scholar), Kanishk Koushik (– Research Scholar), Nawal Kishor (– Professor)
The paper conducts a bibliometric analysis of the country of origin (COO) using 590 Scopus indexed articles of the past 30 years. The Trend analysis highlights 2023 as the most contributing year, along with growing trend since 1994, reflecting the concept's increasing significance. The citation analysis points out that the most prolific author is Diamantopoulos A. (1810 citations), the institution is Tilburg University Netherlands (1027 citations), and the country is the United States (10627 citations). Likewise, the most influential journal is International Marketing Review (4285 citations) and the article is “A Review and Meta-Analysis of Country-of-Origin Research” (1027 citations). The co-citation analysis revealed the multidimensionality of COO along its diverse effects and ethnocentrism as its knowledge foundation. Eight thematic clusters are discovered via bibliographic coupling, namely, dimensions of COO and consumer perception, product attribute, brand image, emerging and developed economies, ethnocentrism, and variations in COO and its impact. At last, co-occurrence analysis revealed consumer behaviour and international marketing (1993–2003), brand and brand image (2004–2013), and ethnocentrism (2014–2024) as the major keywords. The findings revealed that favourable COO perceptions can influence firms' international segmentation and positioning strategies. These perceptions also affect company performance and can be leveraged by governments to attract foreign investments, promote exports, and negotiate trade agreements. Future research could explore the impact of e-commerce, social media influence, sustainability mandates, and corporate social responsibility on COO influence. Additionally, a multi-level approach, incorporating both consumer (demand) and firm (supply) perspectives, is essential to understand how COO influences firm's different strategies.
{"title":"The state of country-of-origin research: A bibliometric review of trends and future","authors":"Shashi Yadav (– Research Scholar), Kanishk Koushik (– Research Scholar), Nawal Kishor (– Professor)","doi":"10.1016/j.apmrv.2024.12.001","DOIUrl":"10.1016/j.apmrv.2024.12.001","url":null,"abstract":"<div><div>The paper conducts a bibliometric analysis of the country of origin (COO) using 590 Scopus indexed articles of the past 30 years. The Trend analysis highlights 2023 as the most contributing year, along with growing trend since 1994, reflecting the concept's increasing significance. The citation analysis points out that the most prolific author is Diamantopoulos A. (1810 citations), the institution is Tilburg University Netherlands (1027 citations), and the country is the United States (10627 citations). Likewise, the most influential journal is <em>International Marketing Review</em> (4285 citations) and the article is “A Review and Meta-Analysis of Country-of-Origin Research” (1027 citations). The co-citation analysis revealed the multidimensionality of COO along its diverse effects and ethnocentrism as its knowledge foundation. Eight thematic clusters are discovered via bibliographic coupling, namely, dimensions of COO and consumer perception, product attribute, brand image, emerging and developed economies, ethnocentrism, and variations in COO and its impact. At last, co-occurrence analysis revealed consumer behaviour and international marketing (1993–2003), brand and brand image (2004–2013), and ethnocentrism (2014–2024) as the major keywords. The findings revealed that favourable COO perceptions can influence firms' international segmentation and positioning strategies. These perceptions also affect company performance and can be leveraged by governments to attract foreign investments, promote exports, and negotiate trade agreements. Future research could explore the impact of e-commerce, social media influence, sustainability mandates, and corporate social responsibility on COO influence. Additionally, a multi-level approach, incorporating both consumer (demand) and firm (supply) perspectives, is essential to understand how COO influences firm's different strategies.</div></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"30 1","pages":"Article 100337"},"PeriodicalIF":5.5,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143679162","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-02-06DOI: 10.1016/j.apmrv.2024.100351
Ming-Lung Hsu , Hsiao Hsien Li , Sheng Tun Li
The semiconductor sector is a vital cornerstone of Taiwan's economy, pivotal in bolstering the nation's global technology prowess. Dynamic Random Access Memory (DRAM) stands out among its various outputs. However, the price of DRAM exhibits significant volatility, leading to substantial financial fluctuations for manufacturers in the semiconductor sector. This unpredictability poses a considerable challenge, placing undue strain on their financial stability.
Hence, this study aims to establish a quantitatively-based prediction model departing from conventional industry heuristics. Empirical findings reveal that DRAM spot prices exhibit non-stationary time series characteristics, prompting the development of an ARIMA model to capture their price dynamics. Furthermore, we enriched the original ARIMA model by incorporating four additional variables: Hynix DSI, Micron DSI, European PMI, and US PMI, resulting in a more robust ARIMAX model with enhanced explanatory power for predicting DRAM prices.
Our analysis demonstrates the ARIMAX model's effectiveness in explaining and predicting DRAM prices. When combined with the Rolling prediction method, the final predicted values closely align with actual outcomes. Our prediction model promises to inform future DRAM purchasing decisions within the company, potentially yielding cost savings and alleviating inventory pressures. In the subsequent scenario analysis, it was observed that implementing procurement strategies using this prediction model effectively reduced costs.
{"title":"ARIMA-driven memory market insights: Forecasting DRAM spot price","authors":"Ming-Lung Hsu , Hsiao Hsien Li , Sheng Tun Li","doi":"10.1016/j.apmrv.2024.100351","DOIUrl":"10.1016/j.apmrv.2024.100351","url":null,"abstract":"<div><div>The semiconductor sector is a vital cornerstone of Taiwan's economy, pivotal in bolstering the nation's global technology prowess. Dynamic Random Access Memory (DRAM) stands out among its various outputs. However, the price of DRAM exhibits significant volatility, leading to substantial financial fluctuations for manufacturers in the semiconductor sector. This unpredictability poses a considerable challenge, placing undue strain on their financial stability.</div><div>Hence, this study aims to establish a quantitatively-based prediction model departing from conventional industry heuristics. Empirical findings reveal that DRAM spot prices exhibit non-stationary time series characteristics, prompting the development of an ARIMA model to capture their price dynamics. Furthermore, we enriched the original ARIMA model by incorporating four additional variables: Hynix DSI, Micron DSI, European PMI, and US PMI, resulting in a more robust ARIMAX model with enhanced explanatory power for predicting DRAM prices.</div><div>Our analysis demonstrates the ARIMAX model's effectiveness in explaining and predicting DRAM prices. When combined with the Rolling prediction method, the final predicted values closely align with actual outcomes. Our prediction model promises to inform future DRAM purchasing decisions within the company, potentially yielding cost savings and alleviating inventory pressures. In the subsequent scenario analysis, it was observed that implementing procurement strategies using this prediction model effectively reduced costs.</div></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"30 2","pages":"Article 100351"},"PeriodicalIF":5.5,"publicationDate":"2025-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143611543","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-01-11DOI: 10.1016/j.apmrv.2024.100354
Muhammad Ali Hussain , Sadaqat Ali , Shabahat Ali , Gerald Guan Gan Goh , Naveed Saif , Sajid Ullah Khan
The current study endeavors to explore the novel realm of green transformational leadership within the academic context. Employing a theoretical foundation rooted in the Bass Model of transformational leadership, this pioneering approach dissects four distinct attributes of green transformational leadership through rigorous psychometric analysis. The study sources data from two distinct groups: top management within educational administration and teaching faculty in higher education, both possessing substantial administrative experience. Rigorous data analysis, using Exploratory Factor Analysis (EFA) and the Measurement Model assessed through Smart PLS, reveals that an initial set of 26 items was generated, with 15 items ultimately preserved and grouped into four distinct dimensions of green transformational leadership. These newly formulated dimensions were substantiated through tests of Convergent, Discriminate, and Nomo logical Validity. Notably, the study found that the association between green individualized consideration and teachers' performance through innovation lacked support in the analysis. Furthermore, the study highlights that recent research on green transformational leadership has largely utilized a streamlined construct comprising merely six items. In contrast, the present study offers educational researchers a comprehensive understanding of green transformational leadership and its attributes linked to top management's environmentally conscious conduct within an academic setting.
{"title":"Redefining the concept of green transformational leadership through psychometric analysis: Evidence from educational setup of developing country prospective","authors":"Muhammad Ali Hussain , Sadaqat Ali , Shabahat Ali , Gerald Guan Gan Goh , Naveed Saif , Sajid Ullah Khan","doi":"10.1016/j.apmrv.2024.100354","DOIUrl":"10.1016/j.apmrv.2024.100354","url":null,"abstract":"<div><div>The current study endeavors to explore the novel realm of green transformational leadership within the academic context. Employing a theoretical foundation rooted in the Bass Model of transformational leadership, this pioneering approach dissects four distinct attributes of green transformational leadership through rigorous psychometric analysis. The study sources data from two distinct groups: top management within educational administration and teaching faculty in higher education, both possessing substantial administrative experience. Rigorous data analysis, using Exploratory Factor Analysis (EFA) and the Measurement Model assessed through Smart PLS, reveals that an initial set of 26 items was generated, with 15 items ultimately preserved and grouped into four distinct dimensions of green transformational leadership. These newly formulated dimensions were substantiated through tests of Convergent, Discriminate, and Nomo logical Validity. Notably, the study found that the association between green individualized consideration and teachers' performance through innovation lacked support in the analysis. Furthermore, the study highlights that recent research on green transformational leadership has largely utilized a streamlined construct comprising merely six items. In contrast, the present study offers educational researchers a comprehensive understanding of green transformational leadership and its attributes linked to top management's environmentally conscious conduct within an academic setting.</div></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"30 3","pages":"Article 100354"},"PeriodicalIF":5.5,"publicationDate":"2025-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143610191","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-01-09DOI: 10.1016/j.apmrv.2024.12.004
Daniel Lukito , Melly Susanti , Yohanes Susanto , Loso Judijanto , Moh Ali , Hartono , Ardhana Januar Mahardhani
Family businesses play a crucial role in the Indonesian economy, yet few survive to achieve long-term sustainability. This study explores the factors influencing sustainable employee performance in family businesses in Indonesia, focusing on leadership style, motivation, compensation, job satisfaction, and work environment. It seeks to determine the major determinants of employee performance in family firms, as well as how these factors are interrelated in creating sustainable performance. The study employs a quantitative approach with a cross-sectional survey design. Data collection was done via Google Forms from 250 full-time family-firm employees. A structural equation modeling analysis was performed using Smart PLS 4 software. The results show that job satisfaction, transformational leadership style, motivation, work environment, and compensation substantially impact employee performance. Notably, the work environment serves as a moderator that enhances the connection between employee performance, job satisfaction, and leadership style. In addition, job satisfaction emerges as the most significant variable affecting employee performance. The study reveals that transformational leadership, motivation, and good compensation can improve family firm job satisfaction and employee performance. Additionally, a supportive work environment plays an important role in strengthening the influence of these variables on employee performance. To achieve sustainable performance, family firms should prioritize improving human resource policies and fostering a conducive work environment. This study adds to the body of knowledge regarding employee performance in family business and provides practical implications for managers in managing employees through appropriate leadership and compensation policies.
{"title":"Determinants of sustainable employee performance: A study of family businesses in Indonesia","authors":"Daniel Lukito , Melly Susanti , Yohanes Susanto , Loso Judijanto , Moh Ali , Hartono , Ardhana Januar Mahardhani","doi":"10.1016/j.apmrv.2024.12.004","DOIUrl":"10.1016/j.apmrv.2024.12.004","url":null,"abstract":"<div><div>Family businesses play a crucial role in the Indonesian economy, yet few survive to achieve long-term sustainability. This study explores the factors influencing sustainable employee performance in family businesses in Indonesia, focusing on leadership style, motivation, compensation, job satisfaction, and work environment. It seeks to determine the major determinants of employee performance in family firms, as well as how these factors are interrelated in creating sustainable performance. The study employs a quantitative approach with a cross-sectional survey design. Data collection was done via Google Forms from 250 full-time family-firm employees. A structural equation modeling analysis was performed using Smart PLS 4 software. The results show that job satisfaction, transformational leadership style, motivation, work environment, and compensation substantially impact employee performance. Notably, the work environment serves as a moderator that enhances the connection between employee performance, job satisfaction, and leadership style. In addition, job satisfaction emerges as the most significant variable affecting employee performance. The study reveals that transformational leadership, motivation, and good compensation can improve family firm job satisfaction and employee performance. Additionally, a supportive work environment plays an important role in strengthening the influence of these variables on employee performance. To achieve sustainable performance, family firms should prioritize improving human resource policies and fostering a conducive work environment. This study adds to the body of knowledge regarding employee performance in family business and provides practical implications for managers in managing employees through appropriate leadership and compensation policies.</div></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"30 2","pages":"Article 100340"},"PeriodicalIF":5.5,"publicationDate":"2025-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143611545","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2025-01-07DOI: 10.1016/j.apmrv.2024.100353
Chiung-Hui Tseng , Ratanak Moneath Koy
The financial technology (i.e., fintech) industry in Southeast Asia has proliferated over the past two decades, attracting many firms from around the world to this business sector in the region. As such, it is crucial to investigate which entry mode (alliance or acquisition) is more appropriate for foreign firms to enter this industrial and geographical area. Surprisingly, although the alliance-versus-acquisition choice has been a popular research topic in international business literature, prior studies have shed little light on this research context. Drawing on the capability-based perspective, we identify a set of determinants critical to foreign firms’ choice of entry strategy into the Southeast Asian fintech industry and propose a holistic conceptual framework, tested on a sample of 132 overseas expansions into this industrial and geographical region by firms from 24 countries. Our empirical findings confirm that these firms preferred acquisitions over alliances when they practiced horizontal expansion, possessed institutional knowledge about local environments, and encountered smaller governance distance between the home and host countries, of which the impact of the last factor is not fully supported. Overall, this study has advanced international business research and Southeast Asia studies, and has also offered useful insights to managers in charge of foreign expansion for their firms.
{"title":"How to enter the fintech industry in Southeast Asia: The choice between alliance and acquisition","authors":"Chiung-Hui Tseng , Ratanak Moneath Koy","doi":"10.1016/j.apmrv.2024.100353","DOIUrl":"10.1016/j.apmrv.2024.100353","url":null,"abstract":"<div><div>The financial technology (i.e., fintech) industry in Southeast Asia has proliferated over the past two decades, attracting many firms from around the world to this business sector in the region. As such, it is crucial to investigate which entry mode (alliance or acquisition) is more appropriate for foreign firms to enter this industrial and geographical area. Surprisingly, although the alliance-versus-acquisition choice has been a popular research topic in international business literature, prior studies have shed little light on this research context. Drawing on the capability-based perspective, we identify a set of determinants critical to foreign firms’ choice of entry strategy into the Southeast Asian fintech industry and propose a holistic conceptual framework, tested on a sample of 132 overseas expansions into this industrial and geographical region by firms from 24 countries. Our empirical findings confirm that these firms preferred acquisitions over alliances when they practiced horizontal expansion, possessed institutional knowledge about local environments, and encountered smaller governance distance between the home and host countries, of which the impact of the last factor is not fully supported. Overall, this study has advanced international business research and Southeast Asia studies, and has also offered useful insights to managers in charge of foreign expansion for their firms.</div></div>","PeriodicalId":46001,"journal":{"name":"Asia Pacific Management Review","volume":"30 2","pages":"Article 100353"},"PeriodicalIF":5.5,"publicationDate":"2025-01-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143611608","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-12-28DOI: 10.1016/j.apmrv.2024.100350
Andrei Raymund R. Relente, Erik Paolo S. Capistrano
Entrepreneurship is essential to a country's economic growth and development. One way to achieve these objectives is to encourage entrepreneurial behavior among young people, especially students. Successful entrepreneurship requires innovative individuals to make contributions to the economy and to society. As more young Filipinos engage in entrepreneurship and exhibit entrepreneurial skills, it is necessary to know and understand the factors that contribute to their decisions and their confidence in their ability to perform innovation-related tasks, among others. This study integrated the multidimensional construct innovation self-efficacy (ISE), entrepreneurial self-efficacy (ESE), and entrepreneurial knowledge (EK) into the Theory of Planned Behavior (TPB) to determine the influence of these variables on the entrepreneurial intentions (EI) of young Filipino students. Confirmatory factor analysis (CFA) was employed to test the empirical validity and reliability of the measurement model, and structural equation modeling (SEM) was applied to test the hypothesized relationships of the proposed framework. The results show that ISE, attitude toward entrepreneurship (ATE), and perceived behavioral control (PBC) exert significant positive influences on EI. Although subjective norms (SN), ESE, and EK do not significantly influence EI, these variables influence at least one of the antecedents of EI. Moreover, the hypothesized factors of ISE proved to be statistically sound measures, with Observing being the most empirically powerful of the five. The implications for both theory and practice were explored, and potential avenues for further investigation were outlined.
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