Asia Pacific Management Review最新文献

The fast fashion industry has resulted in environmental degradation and resource depletion. Thus, sustainable fashion behaviors are a growing trend for promoting environmental sustainability. However, the sustainable fashion industry, particularly second-hand clothing is still in its infancy, especially in the emerging economies. By extending the value-belief-norm model, this study explores the impact of environmental values (biosphere and altruistic values), beliefs (ecological worldview, awareness of consequences, and ascription of responsibility), and norms (personal and social norms) on second-hand fashion behaviors. This study used cross-sectional design and collected quantitative data from 1847 responses through online survey. For data analysis, this study used partial least squares structural equation modelling (PLS-SEM) and multi-group analysis (MGA). Findings of this study confirmed the positive and significant effect of biosphere and altruistic values on ecological worldview. Ecological worldview, awareness of consequences, and ascription of responsibility also have positive and significant effects on personal norms. Moreover, personal and social norms have a significant positive effect on intentions towards second-hand fashion behaviors. Finally, the intention towards second-hand fashion behaviors has a positive and significant effect on second-hand fashion behaviors. This study validates that environmental values, beliefs, and norms significantly impact sustainable fashion behaviors, particularly in the area of second-hand clothing. This study emphasizes the important role of social norm on second-hand fashion behaviors, and adds research references in the field of emerging economies. The findings provide valuable insights and a reference for fashion industry practitioners to improve their operational strategies. Environmental policies should therefore focus on promoting the consumer's and industry's attention and enthusiasm for second-hand fashion as a sustainable behavior and its environmental consequences, and strengthening the extent of dissemination of the idea.

This paper aims to analyze (1) the entrepreneurial approaches of decision-makers in SMEs, specifically exploring whether they apply principles of causation or effectuation when establishing new business ventures, and (2) it delves into contextual studies to explore the influence of national cultural values on decision-making approaches in SMEs regarding whether Thai and Swiss entrepreneurs apply the principles of causation or effectuation in establishing new business ventures differently. Specifically, it investigates whether entrepreneurs from Thailand and Switzerland, two countries with significant cultural differences according to Hofstede's cultural value dimensions (Hofstede, 1998; 2011), exhibit variations in their approaches and the underlying principles they utilize in the venture creation process.

Forty-six in-depth interviews were conducted. The findings reveal that entrepreneurs from both countries tend to blend elements of effectual and causal reasoning when establishing their ventures. They focus on leveraging available resources to evaluate potential business opportunities, establish valuable partnerships and collaborations, and emphasize the importance of social networks, particularly with family and friends.

The findings indicate that the national cultural context influences entrepreneurs’ preferences on causal and/or effectual reasoning applied to launching and growing new ventures. Thai entrepreneurs exhibited a stronger orientation toward achieving financial results, embracing unexpected opportunities while being open to risks, and placing a greater emphasis on maximizing anticipated returns on investment. In contrast, Swiss entrepreneurs considered the concept of affordable losses as an integral part of their decision-making process.

This comparative analysis of the investment performance of eight portfolio strategies in the Taiwan stock market utilizes monthly data from Taiwan-listed companies from 1990 to 2021; the portfolio for each year comprises the top 100 companies based on market capitalization. Setting aside the equally and value-weighted portfolio strategies, the six strategies remaining are grounded in the mean-variance framework, fundamental index model, predictive blends model, and single-index model, respectively. Employing the rolling-window method, we compute the following monthly out-of-sample performance metrics for the portfolios: average excess return, standard deviation, Sharpe ratio, certainty equivalent return (CER), single-year cumulative returns, and value-at-risk. Portfolio weights are determined using a five-year estimation period and remain fixed (buy and hold) during the sixth year. In addition to scrutinizing the portfolios’ performance on a yearly basis, we also assess their cumulative long-term performance over multiple years. We investigate the impact of stock market fluctuations on various investment strategies, considering periods of boom and bust as a test of robustness. We posit here that CER, rather than the Sharpe ratio, is a suitable performance measurement index. We further explore the influence of portfolio diversification on investment performance. Generally, our findings suggest an inverse relationship between investment performance and the HHI, indicating that diversification tends to enhance investment performance while mitigating investment risk.

The emergence of new technologies, artificial Intelligence, BANI environment and multidimensional complexity in projects requires project managers to have an innovative instinct to formulate efficient project management practices to achieve project success. Most articles in the extant literature have discussed leadership factors impacting project success; however, leadership behavioural practices encompassing characteristics/dimensions have not been considered and discussed in a unified manner. Therefore, a need arises with an objective for such a study to bridge the gap of a systematic literature review on leadership behavioural practice characteristics and provide a unified summarised effort to understand relationships with project success from relevant studies between 2000 and 2021. A sample of 72 out of 2805 articles was finally selected for rigorous analysis in a seven-step literature review process. This SLR has identified high to moderate levels of tangible managerial interpersonal and emotional behavioural practice characteristics compared to low-level task-oriented and intellectual practices on construction projects. Compelling evidence shows that relationship-building and people-oriented project leaders using effective communication and collaborative working are highly valued compared to task-oriented project leaders on successful construction projects. Effective leadership practices and findings from this SLR will provide a benchmark for future researchers to investigate further construction projects to generalize SLR outcomes on a broader scale. In addition, project organizations can use our identified cluster listings of behavioural practice characteristics during their recruitment process of project professionals. Low-valued soft skills in our analysis need more investigations in future research.

The Union Government's New Education Policy 2020 of India is said to be a game changer and has brought many reforms into the education sector. This initiation provoked many changes in the education sector along with the impact of the Covid-19 pandemic. In this regard, there is a dire need to know the emotional status and stress among the teaching fraternity. The present study considers emotional intelligence and workplace spirituality as influencers of occupational stress. The findings of the study interpret that emotional intelligence and workplace spirituality predict occupational stress in the teaching fraternity. The mediation effect of workplace spirituality between emotional intelligence and occupational stress is nominal and very low. However, it is observed that high levels of spirituality and moderate emotional intelligence predict low-stress levels.

The objective of this study was to examine the relationship between the variables of the value-belief-norm (VBN) theory and the adoption of green consumption behaviors among Chinese youth. The online survey questionnaire was distributed to a convenience sample of young Chinese consumers aged 18–35 years through the platforms WJX and WeChat. The data collection period spanned from September to December 2022. The analysis involved a total of 1074 participants, and the statistical technique employed was partial least squares structural equation modeling (PLS-SEM) using Smart-PLS 4.0. Common-method bias, multivariate normality, validity, and reliability were also assessed. The results revealed that biospheric values (BV), altruistic values (AV), the new ecological paradigm (EP), awareness of consequences (AC), the ascription of responsibility (AR), and personal norms (PN) significantly and positively influenced intention toward green consumption practices (IGP), which, in turn, had a significant positive influence on the adoption of green consumption practices (AGP). Additionally, GT did not moderate the association between IGP and AGP. This study contributes to the literature on green consumption by analyzing VBN theory’s influence on Chinese youth’s behavior toward green consumption practices to understand and promote green behavior. This study’s findings suggest that promoting ecological awareness and responsibility, developing green values and trust, and strengthening personal norms can encourage green consumption practices among Chinese youth. Policymakers, businesses, and marketers can benefit from these findings to promote green consumption and sustainability in China.

While job demands have been known to reduce work engagement and job performance, the literature has not investigated uncertainty-based job demands such as job insecurity and role ambiguity. Acknowledging that leadership and team members are critical for reducing an employee's job demands and increasing an employee's job performance, the current study, drawing on social information processing theory, probes the roles of toxic leadership and team social support in shaping employee job demands (i.e., job insecurity & role ambiguity) and, subsequently, work engagement and job performance. A sample of 265 employees (50.9% males) in 48 teams from various private organizations in Malaysia participated in the study. The results showed that toxic leadership was positively related to job demands and negatively related to job performance, while team social support was negatively related to job demands and positively related to work engagement. Furthermore, work engagement mediated the relationship between job demands and job performance. Role ambiguity only mediated the relationship between toxic leadership and work engagement, while job insecurity only mediated the relationship between team social support and work engagement. The current study highlights the distinctive roles of toxic leadership and team social support in the relationships with employee job demands, work engagement, and job performance.

The current exploratory study identifies the major challenges in the adoption of Industry 4.0 framework in the Indian construction industry and subsequently ranks the challenges on the basis of the severity. Based on the extant literature review and personal interaction with construction management, information technology (IT) professionals, and academicians, twenty-five challenges were identified. After validating the challenges, they were ranked from most severe to least severe using the multi-criteria decision-making (MCDM) method based on rough set theory that leans on the indiscernibility relation between the objects. The study indicates that huge initial investments and costs incurred to mobilize the internet of things (IoT) enabled framework in the construction firms are the major obstacles to the adoption of the Industry 4.0 methods. The recruitment of experts to train the employees and workers is seen as another big hurdle in the aforementioned objective. It is a challenge to educate and train them on sophisticated technology that requires a basic understanding of computer fundamentals and IT-related concepts that is found lacking in the workers employed at the lower levels. Proper maintenance of sensitive tools and equipment such as IoT devices is a challenging task due to the nature of the activities taking place at construction sites. The multi-criteria method of ranking based on Dominance-based Rough Set Analysis (DRSA) has never been attempted to rank the challenges and assign a severity score. The study adds novelty to the existing literature in the domain of multi-criteria ranking by including a tool that is new to this area of research.

This study analyzes the smart working (SW) relationships at large and medium-sized companies in Ecuador, Colombia, and Peru in terms of base technologies (BT) and corporate performance (CP). A total of 431 surveys were collected from workers at different hierarchical levels, and data processing was done using the Structural Equations Model (SEM) and Multigroup Analysis. We found that SW and BT positively influence CP, with BT having the greater influence, and economic activity moderated these relationships. Consequently, we show that manufacturing companies use SW the most, while service companies tend towards BT. No significant differences were found in the multigroup analysis by type of industry. However, there was a positive association between CP and SW only for commercialization companies, which means that these are increasingly making inroads into using SW. This paper acknowledges the contributions of previous studies, and is the first to provide researchers, practitioners, and academics with empirical evidence on SW, BT, and CP. It also broadens the understanding of Industry 4.0 (I4.0) technologies and their impact on the CP of companies in emerging economies.

This cross-sectional quantitative study explores the influence of perceived overqualification (POQ) on work performance (WP) with the mediating effect of job crafting (JC) and the moderating effect of perceived organizational support (POS). Data were collected from a sample of 276 female corporate executives working in different organizations in Bangladesh. SPSS version 25 was used to analyze the demographic information. The relationships among the constructs were determined through regression analysis. Mediating and moderating effects are explained using Hayes’ SPSS Model 4 and Model 1 process macro, respectively. The results show that POQ has a negative influence on the WP of female corporate employees in Bangladesh. Moreover, JC has a mediating effect on the overqualification and WP relationship, whereas POS did not show a substantial moderating effect on the relationship between POQ and JC. We suggest that human resource managers should be cautious before employing overqualified employees and look for avenues to take advantage of the overqualified employees through empowerment, delegation, recognition, flexibility, and family-friendly policies. Given the mixed evidence of the effect of POQ on employee attitudes and behavior, it attempts to verify the POQ–work performance relationship through JC, which is an unexplored avenue of research. Furthermore, exploring the moderating role of POS in the POQ–work performance connection is a novel endeavor.