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Investigating the impact of fear of COVID-19 on intention to quit: do supervisor support and government support matter? 调查对 COVID-19 的恐惧对戒烟意愿的影响:主管支持和政府支持重要吗?
IF 2.9 Q1 Economics, Econometrics and Finance Pub Date : 2024-05-13 DOI: 10.1108/jabs-11-2023-0508
Tan Vo-Thanh, Huan Minh Nguyen, Triet Minh Nguyen, Danh Cong Pham, Hung Phuc Nguyen

Purpose

This study aims to examine the relationships among fear of COVID-19, job stress, job commitment and intention to quit. It also investigates the boundary conditions of the impact of fear of COVID-19 on job stress and intention to quit, a research gap that has not been addressed yet.

Design/methodology/approach

This research focused on full-time frontline hotel employees who have been working in four- and five-star hotels in Ho Chi Minh City, Vietnam. A pilot test was performed before collecting formal data. The survey was conducted face-to-face on site so that any potential confusion could be clarified right away. 487 valid responses were analyzed using SPSS 28 and SmartPLS 4.

Findings

The majority of hypotheses were supported, with the results suggested that supervisor support contributes to reducing the tendency of hotel employees to quit their job and their job stress. Besides, government support is necessary to make staff feel secure during the pandemic.

Practical implications

This study contributes to pointing out central priorities in making decisions by hotel managers when facing crises. Managers need to focus more on measures to help their employees feel secure and should be available for guidance and feedback when nedeed. Additionally, supportive policies from the government, especially financial support, can provide hotel employees with resources they need to maintain a basic level of living in the face of a severe drop in their income. The study provides the hotel industry not only in Vietnam but also in countries with comparable settings with strategies to cope with unexpected events.

Originality/value

Research on intention to quit a job has mainly focused on a complex interplay of internal factors. However, the influence of fear of COVID-19 on intention to quit a job has not been studied in the context of Vietnamese hotel industry yet. During the COVID-19 pandemic, a number of hotels in Vietnam had to close due to a lack of visitors, which had a negative impact on human resources. Accordingly, fear, stress, commitment and intention to quit a job are the issues faced by staff.

目的 本研究旨在探讨对 COVID-19 的恐惧、工作压力、工作承诺和辞职意向之间的关系。本研究主要针对在越南胡志明市四星级和五星级酒店工作的全职一线酒店员工。在收集正式数据之前进行了试点测试。调查是在现场面对面进行的,因此任何可能存在的困惑都可以立即得到澄清。结果大部分假设得到支持,结果表明主管的支持有助于减少酒店员工的辞职倾向和工作压力。本研究有助于指出酒店管理者在面临危机时做出决策的核心重点。管理者需要更加关注帮助员工获得安全感的措施,并在必要时提供指导和反馈。此外,政府的扶持政策,尤其是财政支持,可以为酒店员工提供在收入严重下降的情况下维持基本生活所需的资源。这项研究不仅为越南的酒店业提供了应对突发事件的策略,也为具有类似背景的国家提供了应对突发事件的策略。然而,在越南酒店业中,对 COVID-19 的恐惧对辞职意向的影响还没有进行过研究。在 COVID-19 大流行期间,越南的一些酒店因缺少游客而不得不关闭,这对人力资源产生了负面影响。因此,员工面临着恐惧、压力、承诺和辞职意向等问题。
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引用次数: 0
TikTok short video marketing and Gen Z’s purchase intention: evidence from the cosmetics industry in Singapore TikTok 短视频营销与 Z 世代的购买意向:来自新加坡化妆品行业的证据
IF 2.9 Q1 Economics, Econometrics and Finance Pub Date : 2024-04-30 DOI: 10.1108/jabs-04-2023-0138
Ioannis Rizomyliotis, Chih Lin Lin, Kleopatra Konstantoulaki, Trang Phan

Purpose

The purpose of this paper is to investigate the effectiveness of TikTok, a popular short-form video marketing platform, on purchase intention for cosmetics among Generation Z consumers in Singapore.

Design/methodology/approach

A quantitative survey was conducted using a convenience sampling method, with a sample of 136 responses. This study examined the influence of various characteristics of TikTok influencers, such as trustworthiness, expertise, attractiveness and entertainment content, on purchase intention.

Findings

This study found that trustworthiness and expertise of influencers, as well as entertainment content, had a significant positive impact on purchase intention. In addition, this study also found that influencer attractiveness and brand anthropomorphism were also significant factors influencing purchase intention. Thise study highlights the importance of the entertainment value, which is in line with the nature of TikTok as a medium.

Originality/value

This study contributes to the limited literature on the effectiveness of TikTok on purchase intention in Singapore, specifically in the cosmetics industry.

目的本文旨在调查 TikTok(一个流行的短视频营销平台)对新加坡 Z 世代消费者化妆品购买意向的影响。本研究探讨了 TikTok 影响者的各种特征(如可信度、专业知识、吸引力和娱乐内容)对购买意向的影响。研究结果本研究发现,影响者的可信度和专业知识以及娱乐内容对购买意向有显著的积极影响。此外,本研究还发现,影响者的吸引力和品牌拟人化也是影响购买意向的重要因素。本研究强调了娱乐价值的重要性,这与 TikTok 作为媒体的性质相符。
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引用次数: 0
COVID-19 crisis – coping up strategies of companies to sustain in markets COVID-19 危机--企业在市场中持续发展的应对策略
IF 2.9 Q1 Economics, Econometrics and Finance Pub Date : 2024-04-30 DOI: 10.1108/jabs-03-2022-0075
Revanth Kumar Guttena, Ferry Tema Atmaja, Cedric Hsi-Jui Wu

Purpose

Pandemics are frequent events, and the impact of each pandemic makes a strong and long-term effect on companies and markets. Given the potential impact of the COVID-19 pandemic, it is important to investigate the crisis from a different perspective to know how companies have sustained growth in markets. The purpose of this paper is to understand how profit-oriented customer-centric companies (small, medium and large) have responded and adapted to COVID-19 crisis, using the complexity theory.

Design/methodology/approach

Drawing upon the complexity theory, a humble attempt is made to develop theoretical propositions by conceptualizing companies as complex adaptive systems. The paper examines companies from three dimensions (i.e. internal mechanism, environment and coevolution).

Findings

Companies self-organize, emerge into new states and become adaptive to the changing environment. Companies create knowledge to understand the dynamic anatomy and design survival and growth strategies during and post COVID-19 era. Complex adaptive systems perspective provides companies with insights to deal with complex issues raised due to COVID-19 pandemic. They can handle the impact of pandemic efficiently with complex adaptive systems by developing and implementing appropriate strategies post-COVID-19.

Originality/value

The study reveals how companies evolve and emerge into as complex adaptive systems to adapt themselves to the highly dynamic environment, which are uncertain, unpredictable, nonlinear and multifaceted, in the context of COVID-19. Implications for theory and practice of viewing companies as complex adaptive systems and coevolving structures in the COVID-19 context are discussed.

目的 大流行病是频繁发生的事件,每次大流行病的影响都会对公司和市场产生强烈而长期的影响。鉴于 COVID-19 大流行病的潜在影响,我们有必要从另一个角度来研究这场危机,以了解公司是如何在市场中保持增长的。本文旨在利用复杂性理论,了解以客户为中心的盈利导向型公司(大中小型)如何应对和适应 COVID-19 危机。本文从三个维度(即内部机制、环境和共同进化)对企业进行了研究。研究结果企业自我组织,进入新的状态,并适应不断变化的环境。在 COVID-19 时代和后 COVID-19 时代,企业创造知识以了解动态解剖,并设计生存和发展战略。复杂适应系统的观点为企业提供了应对 COVID-19 大流行所带来的复杂问题的见解。原创性/价值本研究揭示了在 COVID-19 的背景下,企业如何进化成为复杂适应系统,以适应不确定、不可预测、非线性和多方面的高度动态环境。讨论了在 COVID-19 背景下将公司视为复杂适应系统和共同演化结构的理论和实践意义。
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引用次数: 0
Foregrounding why and when inclusive leadership triggers customer stewardship in hospitality organizations 探讨包容性领导力在酒店业引发客户管理的原因和时机
IF 2.9 Q1 Economics, Econometrics and Finance Pub Date : 2024-04-29 DOI: 10.1108/jabs-11-2023-0462
Muhammad Usman, Omaima Alqassimi, Asmaa Mohamed Ahmed Nusairi, Osman Abul, Syed Ali Hussain

Purpose

This study aims to investigate the potential positive correlation between inclusive leadership and hotel frontline employees’ (FLEs) customer stewardship (CS) behavior, using the conservation of resource theory as its foundation. It hypothesizes that role breadth self-efficacy (RBSE) acts as a mediating factor in this relationship, with employee conscientiousness serving as a significant moderating variable.

Design/methodology/approach

A time-lagged survey design was used, spanning over three rounds to collect data from 348 hotel FLEs and 42 managers. The analysis was conducted using structural equation modeling in Mplus version 8.6.

Findings

The study revealed a positive association between inclusive leadership and FLE CS, both directly and indirectly through RBSE. The results also showed that FLE conscientiousness moderated the direct link between inclusive leadership and RBSE, as well as the indirect link between inclusive leadership and FLE CS.

Practical implications

The evidence suggests that inclusive leadership behaviors among hospitality managers may elevate FLE CS behaviors, implying significant benefits for the success of hospitality organizations. Managers should focus on enhancing FLEs’ RBSE to further improve CS behaviors. In addition, by considering FLE conscientiousness, managers can craft targeted strategies to maximize the impact of inclusive leadership on CS behaviors.

Originality/value

This research contributes to the limited body of knowledge on the precursors of CS behavior by explaining both direct and indirect connections with inclusive leadership. Furthermore, it broadens the understanding of the conditions under which leadership most effectively shapes such behaviors.

目的 本研究旨在以资源保护理论为基础,探讨包容性领导与酒店一线员工(FLEs)客户服务行为之间的潜在正相关关系。研究假设角色广度自我效能感(RBSE)是这一关系的中介因素,而员工的自觉性则是一个重要的调节变量。设计/方法/途径 采用时滞调查设计,分三轮收集 348 名酒店一线员工和 42 名经理的数据。研究结果表明,包容性领导与 FLE CS 之间存在正相关,无论是直接相关还是通过 RBSE 间接相关。研究结果还表明,FLE 的自觉性调节了包容性领导与 RBSE 之间的直接联系,也调节了包容性领导与 FLE CS 之间的间接联系。管理者应注重提高 FLE 的 RBSE,以进一步改善 CS 行为。此外,通过考虑 FLE 的自觉性,管理者可以制定有针对性的策略,最大限度地提高包容性领导对 CS 行为的影响。原创性/价值这项研究通过解释与包容性领导的直接和间接联系,为有关 CS 行为前兆的有限知识体系做出了贡献。此外,它还拓宽了人们对领导力最有效地塑造此类行为的条件的理解。
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引用次数: 0
Attachment and adjustment in expatriate reactions to the 2011 Tohoku disasters 外籍人士对 2011 年东北灾害的依恋和适应反应
IF 2.9 Q1 Economics, Econometrics and Finance Pub Date : 2024-04-26 DOI: 10.1108/jabs-08-2023-0340
Ivar Padrón-Hernández
PurposeThis study aims to develop an extended social attachment model for expatriates, integrating a multiple stakeholder perspective, to understand evacuation decisions during disasters.Design/methodology/approachThrough interviews with 12 Tokyo-based expatriates who experienced the 2011 Tohoku earthquake, tsunami and nuclear disasters, this study collects the lived experiences of a diverse set of expatriates. This data is analyzed abductively to map relevant evacuation factors and to propose a reaction typology.FindingsWhile the 2011 Tohoku disasters caused regional destruction and fears of nuclear fallout, Tokyo remained largely unscathed. Still, many expatriates based in Tokyo chose to leave the country. Evacuation decisions were shaped by an interplay of threat assessment, location of attachment figures and cross-cultural adjustment. The study also discusses the influence of expatriate types.Practical implicationsDisaster planning is often overlooked or designed primarily with host country nationals in mind. Expatriates often lack the disaster experience and readiness of host country nationals in disaster-prone regions in Asia and beyond, and thus might need special attention when disaster strikes. This study provides advice for how to do so.Originality/valueBy unpacking the under-researched and complex phenomenon of expatriate reactions to disasters, this study contributes to the fields of international human resource and disaster management. Specifically, seven proposition on casual links leading to expatriate evacuation are suggested, paving the way for future research.
设计/方法/途径本研究通过对 12 名经历过 2011 年东北地震、海啸和核灾难的东京外籍人士进行访谈,收集了不同外籍人士的生活经历。研究结果虽然 2011 年的东北灾难造成了地区性破坏并引发了对核泄漏的恐惧,但东京在很大程度上却毫发无损。尽管如此,许多常驻东京的外籍人士还是选择离开东京。撤离决定受威胁评估、依恋对象所在地和跨文化适应等因素的影响。这项研究还讨论了外派人员类型的影响。在亚洲及亚洲以外的灾害多发地区,外派人员往往缺乏东道国国民的灾害经验和准备,因此在灾害来临时可能需要特别关注。本研究为如何做到这一点提供了建议。原创性/价值本研究通过解读研究不足且复杂的外籍人士对灾害的反应现象,为国际人力资源和灾害管理领域做出了贡献。具体而言,本研究就导致外派人员撤离的偶然联系提出了七个命题,为今后的研究铺平了道路。
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引用次数: 0
Stock repurchases, ownership structure and board composition: evidence from Thailand 股票回购、所有权结构和董事会构成:来自泰国的证据
IF 2.9 Q1 Economics, Econometrics and Finance Pub Date : 2024-04-25 DOI: 10.1108/jabs-06-2022-0200
Chamaiporn Kumpamool
PurposeThis study aims to examine the influence of ownership structure and board composition on the probability and intensity of stock repurchases. The study’s sample comprises 3,744 firm-year observations, consisting of 53 repurchasing firms with 96 firm-year observations from 2008 to 2019.Design/methodology/approachProbit and fixed-effects regression models are used to obtain empirical results. Moreover, a probit model with a continuous endogenous regressor (IV-probit) and an instrumental variable method with two-stage least squares (IV-2SLS) estimation are used to address endogeneity.FindingsCorporations with high family or state ownership tend to inhibit stock repurchases to hoard excess free cash flow, supporting agency theory. Conversely, firms with high board independence tend to repurchase their stocks at least once to distribute free cash flows to shareholders, confirming agency theory. Nonetheless, corporations with more female directors on the board or CEO duality tend to conduct stock repurchases at least once but do not repurchase stocks with high values. Interestingly, more female directors on the board may send false signals about undervalued stocks.Originality/valueThis is the first study to reveal that firms with CEO duality repurchase their stocks at least once but avoid repurchasing shares with high values. It is also the first study to explore whether women on a board may cause false signaling about undervalued stocks. Furthermore, this study reveals that family and state ownership are potential determinants of stock repurchases in countries with high ownership concentration. This is the first study to address this issue in Thailand.
目的本研究旨在考察所有权结构和董事会组成对股票回购概率和强度的影响。研究样本包括 3 744 个公司年观测值,其中包括 53 家回购公司和 96 个公司年观测值,时间跨度为 2008 年至 2019 年。设计/方法/途径采用概率和固定效应回归模型得出实证结果。此外,还使用了带有连续内生回归因子的 probit 模型(IV-probit)和带有两阶段最小二乘法(IV-2SLS)估计的工具变量法来解决内生性问题。研究结果家族或国有股权较高的公司倾向于抑制股票回购以囤积多余的自由现金流,这支持了代理理论。相反,董事会独立性高的公司倾向于至少回购一次股票,以向股东分配自由现金流,这也证实了代理理论。然而,董事会中女性董事较多或 CEO 双重性较强的公司倾向于至少回购一次股票,但不会回购价值较高的股票。有趣的是,董事会中有更多女性董事可能会发出股票价值被低估的错误信号。原创性/价值这是第一项揭示首席执行官双重身份的公司至少回购一次股票,但避免回购高价值股票的研究。这也是第一项探讨董事会中的女性是否会对价值被低估的股票发出错误信号的研究。此外,本研究还揭示了在所有权高度集中的国家,家族所有权和国有所有权是股票回购的潜在决定因素。这是第一项针对泰国这一问题的研究。
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引用次数: 0
Does self and role efficacy navigate effectiveness among MSME managers? A process-based perspective 自我效能和角色效能会影响中小微企业管理人员的工作效率吗?基于过程的视角
IF 2.9 Q1 Economics, Econometrics and Finance Pub Date : 2024-04-23 DOI: 10.1108/jabs-10-2023-0427
R.G. Priyaadarshini, Lalatendu Kesari Jena

Purpose

The paper aims to propose and validate a process-based model to enhance managerial effectiveness among micro, small and medium enterprises (MSMEs). It has been observed that business uncertainties and inadequate financial resources that MSME entrepreneurs and managers face require them to constantly engage in strong self-awareness and self-regulating behavior to enhance the efficacy in their roles and, henceforth, their role performance effectiveness.

Design/methodology/approach

The approach for data collection was based on the clustering of MSMEs belonging to the clusters machine tool, pump manufacturing, foundry, textile and auto-component clusters in India. The respondents to the study were MSME entrepreneurs and managers who oversee and manage multiple functions like operations, quality, marketing, sales, supply chain management, procurement, personnel and administration and general administration.

Findings

The self-efficacy of entrepreneurial managers of MSMEs is observed to play an integral role in enhancing the efficacy of their roles, thus highlighting the use of a process-based perspective while dealing with constant resource constraints and excessive dynamism in their business contexts. The ability to handle multiple tasks effectively and resilience to manage challenges enhances their role-making process, which is significant in achieving and sustaining goal-oriented behavior among MSME entrepreneurs and managers.

Practical implications

This paper would serve as an effective model for entrepreneurs and managers to enhance their efficacy in the individual and interdependent role context, which would help achieve their individual and organizational goals. The model emphasizes a process-based perspective that thrusts the need to relate to the organizational context, enhancing individual confidence for goal-related behavior and fulfilling their role-related expectations.

Originality/value

This paper presents a model of enhancing managerial effectiveness that discusses self-efficacy as antecedent behavior. Here, personal and environmental factors aid cognition to one’s capability to construct reality, self-regulate, encode information and engage in effective managerial action.

本文旨在提出并验证一个基于过程的模型,以提高中小微型企业(MSMEs)的管理效能。据观察,中小微企业创业者和管理者所面临的业务不确定性和资金不足问题,要求他们不断进行强烈的自我意识和自我调节行为,以提高其角色效率,进而提高其角色绩效的有效性。设计/方法/途径数据收集方法基于对印度机床、泵制造、铸造、纺织和汽车零部件集群中的中小微企业的集群划分。研究结果发现,微小中型企业创业经理人的自我效能在提高其角色效能方面发挥着不可或缺的作用,从而突出了在处理持续的资源限制和过度动态的业务环境时使用基于流程的视角。有效处理多重任务的能力和应对挑战的应变能力增强了他们的角色塑造过程,这对中小微企业创业者和管理者实现并维持目标导向行为具有重要意义。该模型强调以过程为基础的视角,强调与组织环境相关的需求,增强个人对目标相关行为的信心,实现与角色相关的期望。原创性/价值本文提出了一个提高管理效能的模型,讨论了作为前因行为的自我效能。在此,个人和环境因素有助于认知个人构建现实、自我调节、编码信息和参与有效管理行动的能力。
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引用次数: 0
Effect of social media analytics on firm performance: the moderating role of entrepreneurial orientation 社交媒体分析对企业绩效的影响:创业导向的调节作用
IF 2.9 Q1 Economics, Econometrics and Finance Pub Date : 2024-04-16 DOI: 10.1108/jabs-01-2023-0040
Worachet Onngam, Peerayuth Charoensukmongkol

Purpose

The purpose of this study was to analyze the effects of social media analytics on firm performance using a sample of small and medium enterprises (SMEs) in Thailand. This study also investigated whether entrepreneurial orientation (EO) moderated the effects of social media analytics on firm performance.

Design/methodology/approach

This study used SMEs listed in the Department of Business Development of Thailand as the sampling frame. Probability sampling was used to draw the sample. A questionnaire survey was used to collect data from 334 firms. The data were analyzed using partial least squares structural equation modeling.

Findings

The results supported the positive association between social media analytics practices on firm performance. Moreover, this study found that EO moderated this association significantly. In particular, the positive association between social media analytics practices on firm performance was higher for firms that exhibit a high EO than those that exhibit a low EO. This result indicated that firms that implement social media analytics practices achieved higher performance when they exhibited a high EO.

Practical implications

Social media data analytics should be implemented to strengthen the technological competence of firms. Moreover, firms should integrate EO practices into their implementation of social media analytics to increase their ability to generate substantial improvements in their strategic implementation, thereby enabling them to gain sustainable competitiveness in their market.

Social implications

Because SMEs are the driving force for economic growth and development in Thailand, their ability to achieve higher performance when they effectively integrate EO practices into their implementation of social media data analytics could be beneficial for the sustainable development of Thailand, especially in the current data-driven era.

Originality/value

The result that EO moderates the effect in enhancing social media analytics practices’ influence on firm performance provides new knowledge that extends the boundary of research on this topic. The authors provided a theoretical explanation to clarify the way the implementation of social media analytics practices should be integrated with EO to increase the level of performance that firms achieve from such practices.

目的本研究旨在以泰国中小企业(SMEs)为样本,分析社交媒体分析对企业绩效的影响。本研究还探讨了创业导向(EO)是否调节了社交媒体分析对企业绩效的影响。抽样采用概率抽样法。通过问卷调查收集了 334 家企业的数据。研究结果表明,社交媒体分析实践与企业绩效之间存在正相关。此外,本研究还发现 EO 对这种关联起到了显著的调节作用。特别是,与低 EO 的企业相比,高 EO 的企业在社交媒体分析实践与企业绩效之间的正相关性更高。这一结果表明,实施社交媒体分析实践的企业在表现出高EO时取得了更高的绩效。此外,企业应在实施社交媒体分析的过程中融入EO实践,以提高其大幅改善战略实施的能力,从而使其在市场中获得可持续的竞争力。社会意义由于中小型企业是泰国经济增长和发展的推动力,当它们在实施社交媒体数据分析过程中有效地融入企业运营实践时,它们实现更高绩效的能力将有利于泰国的可持续发展,尤其是在当前数据驱动的时代。 原创性/价值企业运营调节社交媒体分析实践对企业绩效影响的结果提供了新的知识,扩展了该主题的研究范围。作者提供了理论解释,阐明了社交媒体分析实践的实施应如何与企业运营相结合,以提高企业从此类实践中获得的绩效水平。
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引用次数: 0
Critical factors for capacity building of NGOs working in the intellectual disability sector in India: a TISM-MICMAC approach 印度智障部门非政府组织能力建设的关键因素:TISM-MICMAC 方法
IF 2.9 Q1 Economics, Econometrics and Finance Pub Date : 2024-04-16 DOI: 10.1108/jabs-02-2023-0061
Rishabh Rajan, Mukesh Jain, Sanjay Dhir

Purpose

This study aims to identify the critical factors contributing to India-based non-governmental organizations (NGOs) capacity building and value creation for beneficiaries.

Design/methodology/approach

A total interpretive structural modeling technique has been used to develop a hierarchical model of critical factors and understand their direct and indirect interrelationships. The driving force and dependence force of these factors were determined by using cross-impact matrix multiplication applied to classification analysis.

Findings

This study identifies 12 critical factors influencing NGO capacity building in India’s intellectual disability sector across four dimensions. Internal organizational capabilities include infrastructure, staff qualifications, fundraising, vocational activities and technical resources. Second, coordination and stakeholder engagement highlight government and agency collaboration, dedicated board members and stakeholder involvement. Third, adaptability and responsiveness emphasize adjusting to external trends and seizing opportunities. Finally, impact and value creation emphasis on improving value for persons with disabilities (PWDs).

Practical implications

The findings of this study have practical implications for Indian NGOs working for PWDs. The study provides NGOs with a structural model for improving organizational capacity by identifying and categorizing critical factors into the strategic model.

Originality/value

There is a scarcity of literature on capacity building for disability-focused NGOs in India. This study seeks to identify critical factors and develop a hierarchical model of those factors to assist policymakers in India in building the capacity of NGOs.

目的 本研究旨在确定促进印度非政府组织(NGO)能力建设和为受益人创造价值的关键因素。通过交叉影响矩阵乘法进行分类分析,确定了这些因素的驱动力和依赖力。研究结果本研究从四个方面确定了影响印度智障部门非政府组织能力建设的 12 个关键因素。组织内部能力包括基础设施、员工素质、筹资、职业活动和技术资源。其次,协调和利益相关者的参与突出了政府和机构的合作、专职董事会成员和利益相关者的参与。第三,适应性和反应能力强调适应外部趋势和抓住机遇。最后,影响力和价值创造强调为残疾人(PWDs)提高价值。本研究通过识别关键因素并将其归类到战略模型中,为非政府组织提供了一个提高组织能力的结构模型。原创性/价值关于印度以残疾人为重点的非政府组织能力建设的文献很少。本研究旨在确定关键因素,并为这些因素建立一个层次模型,以帮助印度的政策制定者建设非政府组织的能力。
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引用次数: 0
The degree of Asian-European markets connectedness: examining the impact of global disorders using a spectral analysis 亚欧市场关联度:利用频谱分析研究全球失调的影响
IF 2.9 Q1 Economics, Econometrics and Finance Pub Date : 2024-04-12 DOI: 10.1108/jabs-11-2023-0475
Dimitrios Dimitriou, E. Goulas, Christos Kallandranis, Alexandros Tsioutsios, Thi Ngoc Bich Thi Ngoc Ta
PurposeThis paper aims to examine potential diversification benefits between Eurozone (i.e. EURO STOXX 50) and key Asia markets: HSI (Hong Kong), KOSPI (South Korea), NIKKEI 225 (Japan) and TSEC (Taiwan). The sample covers the period from 04-01-2008 to 19-10-2023 in daily frequency.Design/methodology/approachThe empirical investigation is based on the wavelet coherence analysis, which is a localized correlation coefficient in the time and frequency domain.FindingsThe results provide evidence that long-term diversification benefits exist between EURO STOXX and NIKKEI, EURO STOXX and KOSPI (after 2015) and there are signs for the pair and EURO STOXX-TSEC (after 2014). During the short term, there are signs of diversification benefits during the sample period. However, during the medium term, the diversification benefits seem to diminish.Originality/valueThese results have crucial implications for investors regarding the benefits of international portfolio diversification.
目的 本文旨在研究欧元区(即 EURO STOXX 50)与亚洲主要市场之间的潜在多样化收益:恒指(香港)、KOSPI(韩国)、NIKKEI 225(日本)和 TSEC(台湾)。实证研究基于小波相干性分析,这是一种时域和频域的局部相关系数。研究结果研究结果证明,EURO STOXX 和 NIKKEI、EURO STOXX 和 KOSPI(2015 年之后)之间存在长期分散化收益,EURO STOXX-TSEC 对(2014 年之后)也存在分散化收益迹象。从短期来看,在样本期内有迹象表明多样化收益。原创性/价值这些结果对于投资者了解国际投资组合多样化的益处具有重要意义。
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Journal of Asia Business Studies
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